Saturday, January 29, 2011

WellCare chief executive Heath G. Schiesser plans to step down - Tampa Bay Business Journal:

kapitonragomo.blogspot.com
The board has formed a committeer on leadership and executive succession to focux onleadership transitions. Schiessefr was named chief executive officerin January, earning a minimuj base salary of $400,000. He succeeded Todd Farha, who left the companhy last year. Before this appointment, Schiesser was senior vice president of marketinb and sales at the company and presidenty of its prescriptioninsurance subsidiary. In he stepped back to work as a Prior tojoining WellCare, he worked with consultinf firm and co-founded an online pharmacy for ESRX). Schiesser is still eligible to runfor re-electionm as a director at WellCare’s annual stockholded meeting on July 30.
In May, WellCare resolved investigatione bythe U.S. Attorney’s Office for the Middle Districtof Florida, the Floridq Attorney General’s Office and the . In addition, abougt 360 employees — about 9 percent of its work force — as part of an organizationaol realignment last month and hasof $36.9 or 89 cents a for the first quarter of 2009. WellCare (NYSE: WCG) providea managed care services exclusivelyfor government-sponsorec health care programs. It serveed about 2.5 million members nationallhy as ofMarch 31.

Thursday, January 27, 2011

Report: Employers cut 401(k) match - Pittsburgh Business Times:

ekaterinaiuvo.blogspot.com
The survey of U.S. companiews found that 29 percen havealready modified, or intend to the matching contribution feature in their plans during the 2009 plan year. Two-thirdss of those respondents — or 20 perceny of all respondents — say they will eliminatee the match entirely. Sharon Whittle, Grant Thornton’s compensatiohn and benefits leader for the says the survey revealsspecific trends. Companiexs in the health-care and nonprofit industrieds were less likely to make change sthis year, she says.
Large employers and companiea inthe technology, retail/trade and financial-services/bankiny sectors were more likely to make “Companies are expecting 2009 to continue to be a challenginy year for business growth and financiak stability,” Whittle says. “The impact on plans appears to be a greater consideratiobnof lower, and more spending on matching contributions in order to address cash and profigt constraints.” The survey was conducted in with 283 Grant Thornton clientse participating.

Monday, January 24, 2011

Great Plains Energy says delay in rate increase could hurt earnings - Kansas City Business Journal:

http://www.js-yx.com/fdaxtalkxpaper.html
The ordered a delay in the effectivw date for rate cases filed by unitx of Great PlainsEnergy (NYSE: GXP) from Aug. 5 to 5, the company said in a Thursdayh filing with the Securities and Exchange The delay applies to rate increases requestec byand , formerly Great Plains Energy estimates that the delay could reduce its earningx by 10 cents a common KCP&L estimated that the delayg could lower its 2009 earnings by 6 cents a share of Great Plains Energy common stock.
Greayt Plains Energy said in the SEC filin that itand KCP&L “will evaluate potential alternatives to mitigate the financial impacts of this The PSC order also requires adjustments to reserves and rate base and interim rate costs, for KCP&L’s Iatan 1 plant. Greatf Plains said the PSC ordet didn’t have enough detail to enable the companyg to estimate itsfinancial effect. Greaft Plains said that it thinksx the PSC exceeded its authorityt in establishing the conditions in a procedural order and that it will seek a judicial review or both to remove or clarifhythe conditions. Great Plains Energy also reaffirmed its 2009 earningx forecastof $1.10 to $1.40 a , to 20.
75 cents a share, and loweredr its 2009 earnings forecast from its earlier forecast of $1.30 to $1.60 a KCP&L filed a requesy with the PSC and the combined in all five of its servicer areas. The requests would raisee a typicalresidential customer’as rates about 16.2 percent, or $12.27 a month. Great Plaind Energy ranks No. 5 on the Kansas City Businesa Journal ’s list of area public companies.

Saturday, January 22, 2011

Trains to stop blowing whistles at Montgomery's Coosa Street crossing - al.com (blog)

http://www.psdrawing.com/archive/november/shiny_bass_guitar.html


al.com (blog)


Trains to stop blowing whistles at Montgomery's Coosa Street crossing

al.com (blog)


Montgomery officials announced this week that trains will soon stop blowing their whistles as they approach the Coosa Street ...


Coosa Crossing Will Soon Be Whistle Free

WNCF


Montgomery silences riverfront train whistling

Montgomery Advertiser


Train whistles to be reduced thanks to new equipment at downtown Montgomery ...

WHNT



 »

Wednesday, January 19, 2011

Keegan Resources Inc. Announces CAD$185 Million Bought Deal Financing - PR Newswire (press release)

http://www.ucan.org/user/laria


Keegan Resources Inc. Announces CAD$185 Million Bought Deal Financing

PR Newswire (press release)


... pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, pursuant to a short form prospectus, 24700000 common shares (the ...


Keegan Resources Reports C$185 Mln Bought Deal Financing - Quick Facts

RTT News


Keegan Resources (KGN) Announces $185.25M Bought Deal Financing

StreetInsider.com (subscription)


Keegan Resources Inc. Announces CAD$185 Million Bought Deal Financing

DigitalJournal.com (press release)



 »

Derek Mays - St. Louis Business Journal:

http://www.dlmethod.com/forum/member/74122/
Some 4,100 employees at Maritza see Mays’ work regularly, even if they don’t know he’s the one draftint personal privacy and corporateethics policies. Mays handlea a range of legal issues, including employment compliance matters and intellectuaklproperty matters, said John Risberg, Maritz’s chief administrativse officer and general “He (Mays) has taken the initiative to become our in-house expert on a broad rangr of compliance issues and has establisheed an innovative, online compliance office explaininyg in layman’s terms various regulatory requirements,” Risbervg said. Mays, 38, began his career at .
While working at the firm, he was handlin g a Maritz intellectual property agreemenyt when he received a callfrom Maritz’sx human resources director (and another Bryan Cave alum) Con McGrath, who had an offet for him. Mays said he jumped at the job “My challenge is beinb competent on a variety of legalissued — I get to know somethinh new every day,” Mays Mays is one of four in-housed lawyers at Maritz Inc., one of the region’s larges private companies with $1.45 billion in revenue in its last fiscalk year. Mays also manages legal matters for two ofMaritzs Inc.
’s six business units — Maritz which develops training programsa for businesses, and Maritz Research Inc., a markett research subsidiary. Mays said he gets a kick out of makingysure “i”s are dotted and “t”s are crossed, as well as overseeinh training of Maritz’s “mystery shoppers.” Maritz recentlyh designated Mays as the company’s chiet privacy officer, and he spearheadeds the company’s records managemenf efforts. “Any firm woule be honored to have him. But hands off; he’w ours,” said Steve Maritz, chairman and chief executivw ofthe company.
Outside of his day job, Mays is involvefd with several charities and serves as an alderma inPasadena Hills. His father, a longtime executive here with , broughtf that lesson of communityy serviceto him. Mays said it was his father who introducede him tothe , an organization that supportsx refugees and immigrants to becoming independent. Mays said he first becamee involvedwith SSDN, formerly South Side Day Nursery, when he came to the grou p eight years ago trying to buy one of its buildings to The deal did not work out, but SSDN recruited him to the where he’s now president.

Sunday, January 16, 2011

Number of S. Fla. pending home sales falls - South Florida Business Journal:

http://www.jolt.co.uk/profile/39340/loranna/
On June 1, there were 15,246 single-family homes, condominium unitz and townhomes under contractg inthe tri-county area, down from 15,399 on May 25, accordinhg to the report, whic is produced using data from . "We don't know if the drop in pendinh sales in South Florida is an anomaly or the beginning of a saidPeter Zalewski, a principal with the Bal Harbour-baseds real estate service company. In Miami-Dade County, therde were 6,776 pending salesw on June 1, down from 6,789 on May 25.
In Browarde County, there were 5,844 pending sales, down from 5,933 in the previous And, in Palm Beach County, there were 2,626 pendinb sales on June 1, down from There were 9,302 pending salees in South Florida for the weekending Nov. 24. Sincr that time, pending sales have increased by 63.9 percent, or 5,94r4 properties, according to Condo Vultures. Despite the slowdowhn in new contracts in thelast week, the numberf of properties on the market continuess to fall. South Florida's available inventory dropped by 1.7 to 83,491 residences for sale on June 1from 84,962 on May 25. Sincde Nov. 24, available inventort in South Florida has fallenby 24,036 properties, or 22.
4

Friday, January 14, 2011

Investors wrap up Iasis deal - Philadelphia Business Journal:

http://www.disabilityhistory.net/newsfall06.html
billion. Franklin-based Iasis was formed in 1999 by and other As part ofthe acquisition, an affiliatee of JLL Partners, some of its managemenf and other current investors put additional money into the compang as part of the Texas Pacific La. developer to build luxur apartments in Brentwood ABatomn Rouge, La., company is developinhg a luxury apartment community on Old Hickory Boulevarcd near Interstate 65 in Peek/Howe Real Estate planss to break ground in late June and have the firs units available by Marc h of 2005. Estimated cost of the projecrt wasn't disclosed. The companhy has hired Nashville-based engineering firm Ragan-Smith Associates Inc.
and Dallas-based architecturall firm James Harwick Partners to work onthe Tennessee's unemployment rate took a slighty dip last month, registering at 4.8 percent in May aftetr coming in at 4.9 percent the month The national rate remained at 5.6 Commissioner of Labor and Workforce Development James Neeleg says the state's economy is seeinh normal seasonal patterns as businessea prepare for summer. Salix invests $2M in Pa. firm Salix Ventured is putting $2 million into Pittsburgh-based robotics manufacturer Aethonj Inc. Salix was the lead investor ina $7 millionj round of fundraising that included Ascension Health Ventures and Pacifi c Venture Group.
The firm, which also has offices in Mass., and San Francisco, managexs two partnerships withabout $180 million in capita and invests primarily in early-stage healt care services and health care IT companies. Sportingf events in Nashville registered a financia impact of morethan $31 million in the 2003-2004r fiscal year, according to measurementsz by the Nashville Sports Council boardx of directors. The group's scorecard measurews the fiscal impact of events such as the Gaylord Hotels MusivCity Bowl, the 2004 SEC Women'w Basketball Tournament and 2004 Country Music Marathon.
By the sports council's count, there were a total of 17,413 participants in sportingf eventsin Nashville. The event involved 4,675 volunteers and drew nearly 550 credentialed media throughout thefiscap year. In addition, a total of 24.5 hourz of national television exposure was generated through Nashville Sports Council events. Nashville-based Fleet One has signed a deal to administerfa private-label fuel card program for South Carolina-basesd convenience store operator The Spinx Co. Inc. Through the any business in the Carolin a region with a fleet of vehicles can use the card to buy fuel at participatinygSpinx locations.
Spinx operates 78 convenience storesz and supplies another 25 with fuel in Northh andSouth Carolina. Fleet One provides transactional financial services to the commercialtransportation industry. Tamko Roofing Products Inc. of Joplin, Mo., and Canadian firm IKO Industriexs Ltd. have partnered on a new $100 million productioj facility inthe Clarksville-Montgomery Countgy Corporate Business Park. The joint venture is called MW/Mg LLC and is expected to hire 98 workers to make wet choppec fiber glass strands to be used in roofing The plant will have a manufacturinf capacity of 150 million poundds and is expected to be in operation byearlg 2006.
Construction of the facility began in April andthe Clarksville-Montgomert County Industrial Development Board expects to hold an officiapl groundbreaking ceremony in mid-August. Nashville-based outpatient surgery cented companySymbion Inc. is joining the Russell 3000 Indedthis month. Membership in the Russell 3000 means automatic inclusion in eitherthe large-cap Russell 1000 or small-ca Russell 2000 Index. Membership in Russell's 21 U.S. equity indexes is determined primarilh by market capitalization rankings andstylwe attributes.

Tuesday, January 11, 2011

Alberta man killed by RCMP had fake gun: Cops - CANOE

http://aroundstars.com/r40/4/


CBC.ca


Alberta man killed by RCMP had fake gun: Cops

CANOE


CANMORE, Alta. รข€" The robbery suspect gunned down by Mounties in Canmore was carrying a replica handgun, police say. ...


Suspect killed by Canmore RCMP had fake gun

CBC.ca


ASIRT reveals Canmore suspect's gun a replica

Global Lethbridge


Man shot by RCMP in Canmore was carrying fake gun

CTV.ca


Toronto Star -Montreal Gazette -Toronto Sun


 »

Sunday, January 9, 2011

City allocates $16M to area developments - Boston Business Journal:

modestofyeyko.blogspot.com
Among the projects getting a boost from the Bostohn Invests In Growthprogram are: Sawyer Enterprises’ 235-roomk W Hotel in Boston’s Theater District, whichy will receive $10 million to complete construction; the future site of the $33 million Shops at Riverwood in Hyde Park, which will receivde a $5 million loan to start construction; and Gloria’s Markef in South Boston, which will receive $700,000 to enablee its developers, Pappas Enterprises, to complete according to a press release from Mayoer Thomas M. Menino’s office. Menino said the loans, whichh are funded through the , will enable the three developments tomove forward.
Boston Investz is a $40 million loan pool providinh mezzanine funding to projects that have permanent financing and equittyin place. The first three loans are expecterd to close laterthis month. The threde projects represent a $230 million in total investments and are expectedc to create 650new jobs, accordinb to the city. In order to be eligibles for a loan fromBoston Invests, projects must be over 20,009 square feet and create one full-timew job for every $35,000 invested. The city set asidwe 10 percent of the loan pool forsmallet neighborhood-based projects of at least 5,00 0 square feet.
The City’s , whichb is responsible for doling out the expects to issue more loans this summer and is in the proces of applying to HUD for additional If grantedadditional funds, the city expects it could make a totak of $70 million available to stalled

Thursday, January 6, 2011

HCA challenges property appraisers - Orlando Business Journal:

ishinlyuboqemija.blogspot.com
The case involves property appraisers' abilitty to subpoena financial records of companiezs in order to do tax It all startedwhen Nashville-based turned down Alachua County Propertg Appraiser Ed Crapo's spring 2006 requestt for financial records in order to audit the tax return of one of the healt h care firm's hospitals. Crapo subpoenaed the recordsz incircuit court, but HCA fough t the subpoena, arguing that the courtf didn't have the authority to compek HCA to produce the records. Orange Countyu Property Appraiser Bill Donegansays he's watching the Alachua case becausse he's dealing with a similar situation with HCA in Central Florida. HCA owns in Kissimmere and in Sanford.
In September the Orange CountyProperty Appraiser'x office requested financial records in order to audit the tangiblee property in HCA's Orlando Regional Data Center at 6203 Chancello r Drive, Suite 800. But in a lettedr dated Sept. 21, HCA told the Orange County Property Appraiser'ws office that providing such documents is voluntary andthat "ab audit ... would serve no useful But, says Donegan, "If what they gave us is why would they object to us trying toverifyy it?" Meanwhile, the court battld in Alachua may not be over yet. a judge in the 8th Judiciapl Circuit in Alachua dismissedthe case. On Oct.
10, the 1st District Court of Appeals ruled that the circuit courts have the authority to allow property appraisersw to subpoena financial records todo "We had reason to believe North Floridsa Regional Hospital's return was incomplete," says "Right now, it looks like they have to give us thei records." Last week, HCA filed a rehearing motio in appeals court, but ultimately could appeal to the Floridaa Supreme Court or continue the legal battl e in circuit court, says Crapo.
"North Florida Regional providerd more than 100 pagesof which, from our standpoint, is more than enoug for the property appraiserr to make an assessment," says HCA spokesman Ed Sherri Johnson, a partner in Dent & Johnsonh Chartered in Sarasota, who represented the Alachua County Propertg Appraiser's office, says the court's rulinb likely will empower other county propertuy appraisers around the state. Before this case, several circuiyt courts ruled againstproperty appraisers, she says.
But with the most recenyt ruling, Johnson says the tide may have In fact, Donegan says if the latesft appellate court ruling sticks, he'll subpoenaq HCA's records and finally do the auditg that's been on hold nearly a year. Should the supremwe court rulein HCA'es favor, Donegan says he'll ask state lawmakerw to clarify property appraisers' auditing power. "The real says Donegan, "is if we are responsible for auditing tax returns for tangible personao property and the company refusese to give usthe documents, how can we do the While Orange County property appraisers may have had difficultu getting financial records from HCA, property appraisers in Osceolas and Seminole say they've had no such problems.
To the "most property appraisers 'smile brightly when we have topay taxes, becausee we're not exempt like nonprofit says Craig Bair, director of marketing for HCA's Central Florida Regional Hospital.

Tuesday, January 4, 2011

Dean Foods to relocate corporate office - Charlotte Business Journal:

nadezhdaqedyxos.blogspot.com
Dallas-based Dean (NYSE: DF) will relocate from its currentf location at 2515McKinney Ave. into 240,000 square feet of spaces inside Cityplace. The move is expected to take placse in the first quarterof 2010. "We are pleaseed to be able to relocater our offices within Dallas city Many factors worked inour favor, includin g the real estate market, space availability and othe economic elements," said Gregg chairman of the boardc and chief executive officer of Dean Foods. "Thee City of Dallas is our home, and we are pleasec to remain here and continue our many civic andcommunitg partnerships.
" Dean said in a statemen t it is moving because the company has outgrown its current workspace, and new space is needed to address the company’z changing needs. The lease will take occupanc y at Cityplace to about 80 percent from about 60percengt now, said Sarah Payne, vice president at Streanm Realty Partners, which handlesx leasing in the building. Employees will begin movingv in December and the move will be phases inthrough March, Payne said. "This was a huge win for the City of Dallae to keep them inthe city, because they lookedc all over," Payne said.
She said Dean Foods considered existint spaceand build-to-suits in the Legacy/Frisco as well as other buildings downtown. Brokers familiar with the search said Dean Foodd considered Fountain Place and Bank of Americaq Plaza among other downtown buildinges with significant squarefootage available. The asking lease rate for spacee in Cityplaceis $24 per squard foot, plus electricity. Dean Foods will occuphy floors 34 through 40 inthe 42-floor, 1.2-million-square-footy building.
Dean Foods occupies abou 150,000 square feet at its current

Saturday, January 1, 2011

Human Capital: People on the move, June 2 - Puget Sound Business Journal (Seattle):

crime-grouped.blogspot.com
Goodwin Procter's Budd elected vice chairmahn of AAA national board WaynewBudd , senior counsel with the Boston law firm of and a membet of the board of directorsd of , was elected vice chairman of AAA’s national board of directors. Turbine taps Paradowski as CFO , a Westwood-base d online gaming technology company, appointed M. Beau Paradowskij chief financial officer. Clough to run Leerink Swann'xs MEDACorp division Health care investmenty bank Leerink Swann of Boston appointed Breny Clough senior managing director and head of its MEDACorp Prior to joiningLeerink Swann, Clough was president and CEO of IntrinsiQQ LLC , an oncology software and data analyticsd firm.
promotes Stys as VP of marketing andbusinesws dev. Shawmut Design and Constructiomn in Boston promoted BrianStys , a 16-year vetera n of the firm, to the newly-createrd role of vice president of marketiny and business development. The Protectotr Group Insurance Agency adds Mullery as director of compliance and wellness of Worcestere added Laura Ann Mullery as director of compliance and Mullery previously served as assistanyt vice president at in Boston and vice presiden of major accounts at Thorbahn Associatesin Quincy.