Wednesday, February 29, 2012

TiVo Inc. Company Profile | TIVO Company Information

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TiVo is a leading provider of technology and services for digital videorecorderxs (DVRs). The subscription-based TiVo

Monday, February 27, 2012

Western Union to acquire Canada's Custom House Ltd. for $370M - Denver Business Journal:

http://sourcepowered.net/forest-finds-itself-in-icahns-hot-seat
The acquisition of Ltd. will expand Western Union’w presence in the smalol and medium enterprises payment diversify its product portfolio and expand itscustomee base, Western Union officiald said. "Custom House is a dynamicv business and has a significantr customer base inthe cross-border payments which generates strong margins and cash flow," Western Unionh CEO Christina Gold said in a "Western Union intends to grow this businesse by attracting new customers and enterintg new geographies.
" Douglas County-based Western Union (NYSE: WU), a global payments said that the deal was expectecd to close in the third It will be funded by cash on It is expected to dilute Westerm Union’s 2009 earnings by about 1 cent per with the largest portion of the dilutionh attributable to a new accounting standare that requires expensing of transaction-related costs, and to benefit 2009 revenuew by less than 1 Victoria, British Columbia-based Custom founded in 1992, is on track to generate $100 million in annualized revenue, Western Union officialx said.
Most of the revenue comeds from senders insevej countries: Canada, the United the United Kingdom, Italy, Singapore and New Zealand.

Saturday, February 25, 2012

Investment group plans $50M project - Charlotte Business Journal:

http://www.vogelmanconsulting.com/trainings/seminar-effective-sales-on-the-trading-floor/
The Mooresville-based investment company says the $50 million projecf will create 150 jobs innorth Charlotte. According to a rezoning application filed with the city of the project calls for indoor andoutdoore retail, a 150-room hotel, offices, conference space and indoor and outdoor karting and racing. Charlotte City Council will vote June 15 on theproposec rezoning. If the applicatiobn is approved, the site will be called “Metrolinza Speed and Sport Center.” The first phass of the project is slated for completionhin April.
“Our goal is to creatre an affordable family racing and entertainmen t destination with an amateur sports focus and we believes Charlotte is the prims locationfor it,” says Simon Weber, president of Speedwa Investment Group. “We are committed to revitalizing the propertyg in a way thatcelebrateas Metrolina’s rich history, embraces green technology and attracts nationall and international sports competitions as well as tourism Wes Jones, president of of Charlottde has been named architect on the The Metrolina Expo property totals more than 135 acresx and includes parking for 20,000 vehicles. The site is on Old Statesvill e Road in theDerita community.
Speedway Investment Grou was founded in 2008 for the specificf purpose of redeveloping the Metrolina site and creating an amateursportd destination.

Thursday, February 23, 2012

Sales of Odyssey, Pilot, Ridgeline fall in May - St. Louis Business Journal:

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Sales for the Ridgeline fell to 1,461 in May, down 56.6 percenrt from the 3,496 sold in May 2008. The pickup has experiencec some of the same struggles as other vehicles in its Forthe year, Ridgeline sales fell to 6,164 down more than 63 percent from the 17,152 sold in 2008. Odysseuy sales fell slightly to 12,127, a 2.9 percent drop from the 12,966 the Japanese automaket reported for the minivan inMay 2008. The Odyssey’s year-to-date salese slipped to 41,884, whicnh represents a 29 percent decrease fromthe 59,987 sold in 2008. Salezs of the Pilot sport utility which is also made at the plantin Lincoln, also dippeds – falling 8.
9 percent to compared to the 8,449 sold in May of 2008. sales of the Pilot are down 28 Overall sales for the entire Honda linedropped 39.2 percentr for the month.

Tuesday, February 21, 2012

Small businesses sell for less - South Florida Business Journal:

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“Unfortunately for business owners who mightg wishto sell, this appears to be an accelerating downwarxd trend,” said Mike Handelsman, general manager of online marke t BizBuySell, which compiled the data. He said his San Francisco-based firm saw the numberr of business sales nationally drop 50 percent in the second quarter and 36 perceny in thefirst quarter, compared to the same periodas last year. Meanwhile, , an investment banking firm in Claytom that tracks larger mergersand acquisitions, said therde have been 25 area deals so far this year compare d to 58 in the first half of 2008.
Paul vice president with Fortune Group, attributes the merger and acquisition falloff to tighter loan underwritinf standards for buyersseekingt financing, and an inability for either buyersz or sellers to forecastg the business climate in coming months. “Wr don’t know whether we are going to have a turnarouncd in third quarterof 2009, or in 2010,” Hinojosaq said. During the second quarter this year, Biz-BuySell showed 187 St. Louis businessese for sale and listed by local busineszs brokersand owners. Thosr businesses were asking a hair beloa the national average asking priceof $250,000.
The businesses had mediam revenueof $423,980, down from $475,040 for the same periods last year. “Owners are focused on survivinbgright now, and not focused on selling,” Handelsman “While there are many not that many have cash to close theif deals, because the markets have depleted (buyers’) Fortune Group and other St. Louis-area investment who generally handle deals largerd than those listedon BizBuySell.com, said they, too, have seen the markety shrink. “A lot of peoples who would have sold are hunkering down and If you haveto sell, you are probably gettin g a lower price,” said Bob Vanderselt, managing partner of the St.
Loui s office of Business Transition an investment banking firm for medium and small BusinessTransition Specialists, which opened its St. Louisw office in January, normally woulc limit its work to transactionws valuedat $5 millionj or more, but Vanderselt said his firm has considered assignmentss on deals worth half that amount this His office has closed three transactions in 2009. Two investmenty banking firms that say they are buckintg the slumpare R.L. Hulett & Co. Inc. and . “We’rre getting about as many turns at the plate as weever did, and our numbetr of new clients is aboutf the same,” said Robertt Hulett, chairman of R.L. Hulett in Clayton. R.L.
Hulett is on track to complete 12 dealswthis year, he said. “But you have to realizes our deals are generallystrategic deals,” he said. “Corporats buyers look at companies that are a strategic fit and determinr what it would costto duplicate.” “The worst part of the current economy for the M&A market is that so many companiesx are experiencing softer earnings right now, that they almost can’r pull the trigger to sell,” said Debbie managing director for The Douglas Group, an investmentg banking firm in Frontenac.
Douglas echoerd Fortune Group’s Hinojosa, saying buyers highly dependent on debt to financwe their acquisitions now have to deal with bankers who are reluctant to let borrowers stretchtoo far. Vanderselt said owner s who are selling their businessese usually are in needof cash. In some cases insteadf of finding buyers, Business Transitiojn Specialists hasfound investors, he said, “sio the owners are not unloading theid whole company.” Some small businesses are such as heating and coolinb businesses and plumbing contractors. Well-run businesses in thoswe fields still can commanda premium, Vanderselt but buyers often stilol need financing.

Sunday, February 19, 2012

Admiral advocates caution with China - Honolulu Star-Advertiser

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Admiral advocates caution with China

Honolulu Star-Advertiser


The Senate confirms Samuel J. Locklear III as the next head of US Pacific Command By William Cole. "We are an Asian power. We are a Pacific power. We are a global power," said Navy Adm. Samuel J. Locklear III at the Feb. 9 hearing.


Locklear to head US army in Pacific region

Ninemsn



 &r aquo;

Friday, February 17, 2012

First green project in foreclosure - The Business Journal of Milwaukee:

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million construction mortgage. The 33,000-square-foot Vive Verde, also knowj as EcoCentre, is the first South Florida project seeking Leadership in Energy and Environmental Design certification fromthe U.S. Green Building Council to face Inan interview, Romano said the extra cost of the building’ss green features is not the reason it fell into “The fact that the buildiny is a green building is not why the building financially is in trouble,” Romano said. “I has to do with a failure to properly and adequately financially plan the buildingb inthe beginning, and I blame myseltf for that.
” Despite a cost-conscious office-leasing the concept of green office buildings is here to according to Christian Lee, vice chairman of in Miami, and Vive Verde’w foreclosure is just one entry on a long list of commercialo foreclosures that will happen regardless of whether a buildinfg is green. He noteds that the more important factorfor Romano’s buildinh will be office demand in Lake Worth. “Building greenj adds to the cost [of a building], but in the long run, any greemn building will be more attractivde to an investorbecause it’s alreaduy green,” he said.
“Otherwise, new investorx would be figuring in the cost to make it because all commercial building s aregoing green.” Rob Hink, a LEED-accredited consultant with the Weston-basefd , agrees. “I don’t think this one foreclosurer on a green building is any commeng on the LEED system or green Ithink it’s just the economy,” he “I’m surprised because it’s a leased-up building.” He addedx that Romano’s large inner courtyard could have been downsized to fit more rentak space in the building, and yet still have retained many of the environmentalp benefits. On May 26, Fort Lee, N.J.
-based filed the foreclosure action against ViveVerde North, managiny member Romano and otheer parties associated with the according to Palm Beach County Circuigt Court records. The four-story building, at 1005 Lake in Lake Worth, was completed in Its office space is about 70percent leased, and it has two empth retail spaces, Romano said. The greej features of the building work exactly ashe hoped, he A rooftop garden catches rainwater, while condensatiojn is collected from the air conditioner for watering plantse and ponds and flushing Grey water is recycled in the water features of the The use of skylights and windowxs cuts down on electricity Many fixtures were made with recycled A sign outside advertises it as a “living building.
” goldfish swim through a pond and a statue of a Nativwe American bathes in the sunlightg in the garden. Despite the energy and watetr savings, Vive Verde North has not made any payments onthe $6.9 millioh mortgage this year, said John Hart, an attorneg with Carlton Fields in West Palm Beach who representsa Meecorp in the lawsuit. “M y client would like to get paid, but if that doesn’t come to pass, they are prepared to take title to the propert and prepare to get paidthat way, too,” Hart Vive Verde North has a $4 million second mortgags with Williamsville, N.Y.-based , whichj is named in Meecorp’s complaint.
Romano said his company got behind on mortgage payments because it ran out of moneh and could not get the loan refinancedx by atraditional bank. “It is making me physicallhy ill that this is he said. “I will continue to work night and day to make this all work These days, I’m losing a lot of sleel over it.” He said his plan for the buildiny was flawed from the beginningh because he wrote an incorrect financial plan. He said the constructionm for his first developmentr project came in on budget and its utilities operate Romano said the green featurew of Vive Verde attractedsome tenants, although several of them woulde have signed leases in the buildingt without them.
He is confident the buildinfg will earnLEED certification, but said that not opening with that designationj has not hurt the project. Romano was aiming for gold-levelk certification from the U.S. Green Building Council.

Wednesday, February 15, 2012

Mekong region combines to fight trafficking - Thai News Agency MCOT

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VietNamNet Bridge


Mekong region combines to fight trafficking

Thai News Agency MCOT


14 (VNA) â€" About 150 senior officials from Mekong sub-regional countries are gathering in Hanoi on Feb. 14 for their eighth meeting on fighting human trafficking (SOM8). The two-day meeting focuses on reviewing the implementation of the Mekong ...


SOM-8 on human trafficking opens in Hanoi

VietNamNet Bridge


Regional meeting on anti-human trafficking opens in Hanoi

People's Daily Online


GMS countries review regional framework to fight human trafficking

Viet Nam News



 »

Sunday, February 12, 2012

RDU styling up Terminal 2 with new canopy - San Antonio Business Journal:

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The work is part of the $570 milliom redevelopment of the facility, the first phase of which opened last Crews now are buildingthe terminal’sx south concourse, central atrium and additional airlinre check-in and baggage-claim areas. The canopy is designec to protect pedestrians from the elements as they walk between the parkin g garageand terminal, RDU says. Crews will use a large cranw to install thehuge mast, which is more than 90 feet tall and weighes 150,000 pounds. Workers then will install threee large trusses that will carrt the roofline 90 feet beyond the terminal RDU says. Large towers will provide temporary structural supporft for the trusses duringcanopy construction.
Installation of the canopy trusses and mast will take placewat night. The work will last six to eight months.

Friday, February 10, 2012

New Bevo Mill operator picked - St. Louis Business Journal:

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L&M co-owner Milan Manjencich said his companty plans to spendbetween $250,000 and $500,000 to renovatew the South St. Louis landmark. City officialsa picked Manjencich’s proposal over because they liked the idea of it remaining arestaurant that’s open to the public, said the former food and beverage director at another local landmark, the Admiral riverboatf and casino. Manjencich wants to rebuilf Bevo Mill’s catering business, host holiday celebrations and hold Sunday brunches startingthis fall. He’d also like to hold Fridau night dinner dances with jazz bands and phase in openinvg the property asa restaurant.
When he for the propertu in April, Manjencich said restaurateurs “dream of locationx like (Bevo Mill) when you’re in this The historic restaurantin March, to find new reception and rehearsak dinner venues. David Gilbert and Patricki Viehmann operated the restaurant atBevo Mill, at 4749 Gravoiz Ave., and had leased the property from until when the brewer to the city for a The city then became the restaurant’s August Busch Sr. built the restaurant and five-story windmilkl in 1916 halfway between his home at and the brewer to entertain associates and use as a privatedininhg hall.

Wednesday, February 8, 2012

Advanced Placement® Results for the Class of 2011 Announced - Sacramento Bee

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First Coast News


Advanced Placement® Results for the Class of 2011 Announced

Sacramento Bee


New data released today by the College Board as part of The 8th Annual AP Report to the Nation show a continuation of a multiyear trend: In  »

Monday, February 6, 2012

Law firms chasing local IP work - San Francisco Business Times:

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Since February, three law firmas have set up new offices in the all seeking a larger sliced of the IPlegal pie. The firmse all recruited local lawyers who already have IP practices The languid economy has reduced the volume of some of the most prizec IPwork — patent infringement lawsuits — but law firms still think now is a good time to get establishede in the area. “Growing the intellectualp property practice will be important forobviouds reasons,” said Jerry Clements, the chairwomanm of 685-attorney Locke Lord Bissell Liddell LLP, which lured two IP lawyersd from LLP to open its new post in San Francisco.
Thosr obvious reasons are that IP work is becominf ever more important to Disputes overIP — the term applied to patents, trademarks and trade secrets can generate millions of dollars in fees over the life of a The number of new patent infringement casex declined last year about 8 percent to But lawyers and legal recruiter say IP remains among the hottesty areas of the legal business. The number of patentd granted roseto 185,224 last up 13 percent over the last and about 12 percent of thosse patents are granted to entrepreneurs in Silicoj Valley.
“If you want to say to your clients, ‘We’rer serious about IP,’ you need to have a presencde here” in the Bay Area, said Carl Baier, a valley-basedx legal recruiter. “This area is often very high on the of places firms want to enteer to buildIP business. Another firm that has moverd into the area recentlyis , a Dallasx firm with 550 lawyers across the Haynes & Boone now has 14 attorneys in San Jose aftedr taking over LLP, an IP LLP, a Phoenix-based firm with three lawyerws now in Mountain View, is the newest entrant.
The which for years had built its offices throughouttthe southwest, had to undertake some extra expensese to bring former lawyers on boardf and contract for office space. But the partnershio decided it will be wortythe investment, said Kenneth Van Winkl e Jr., managing partner of the 210-attorneyg firm. “You have to do a gut check on thecapital outlay,” said Van Winkle. But the firm expectse the move will result ina long-tern gain. “It was an opportunity to get in here.

Saturday, February 4, 2012

Dish Network to hand out converter boxes in Houston - Nashville Business Journal:

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The estimates that 1.6 million peoplde in the Houston area have ordered coupons for theiconverter boxes, but only 870,1721 coupons have been redeemed as of May 30. The “Couponn Swap” program is a nationwide initiative to get customerx ready for the conversioj to digital television signals onJune 12. Converter boxes are only availabl to those with avalid $40 Customers can go to Cossaboom YMCA at 7903 Southj Loop East on June 5, or M.D. Andersonh Family YMCA at 705 Cavalcade onJune 6. Dish Network handedd out about 400 boxes in Dallasdlast weekend, according to Marcelp Guajardo, a spokesman for the company.
The curreny plan is to hand out about 400 to 500 boxes in Guajardo said representatives from the FCC will also be on hand to answef questions related to the digitalp conversion and what households need to do to be ready forthe switch.

Thursday, February 2, 2012

Hickenlooper: City must face 'tough times' with determination - New Mexico Business Weekly:

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The "worst economic crisis of our lifetime" is hurting families and businesses and forcinb deep cutsto Denver's spending plans, Hickenlooper said in a speech delivered at the Greek Theater in Civic Centedr Park. "With overall revenues down 8 percent in we are making tough decisions everty day to balanceour budget," the mayof said. He that the city would have tocut $120 million from the city budget over the next 18 months. "Ourd city government must overcome tough times with the same determination that our businesses and families Hickenlooper said.
Despite hard times, the mayor said he remains "completely committed to the RegionalTransportation District's massive regional rail-transi t project, which is facing financial challenges. . . Here is the completse text of Hickenlooper's State of the City addressw as prepared for provided byhis office. Good morning. We appreciate all of you beintg here so early inthe morning, but it is cooler, and it allowds us to gather before you all head to For decades, the Greeko Theater – and the park that surrounds us has been a central civixc gathering place … a place where our citizensz come to share idea s and commit to action.
We are honored to have with us Councipl President Jeanne Robb and the entireCity Council, Districtr Attorney Mitch Morrissey, and Clerk and Recordee Stephanie O’Malley. We are also honored to have Gov. Bill state Treasurer Cary Kennedy, as well as former Mayord Wellington Webb, and numerouws state senators and regional mayors and county My wifeHelen Thorpe, who gives me great patience and is here as well. Welcome to all of you. We are gatheree during a time ofunprecedented challenge. We are engulfec by the worst economic crisis ofour lifetime. Wholw industries have been brought down oneaftetr another.
Homebuilding, mortgages, banking, real estate development, insurance, the list goes on. Unemploymengt is projected to rise to levels not seen sincew theGreat Depression. Foreclosures not only on people’sw homes, but also on their businesses, on their livelihoods, are growinv by double digits each But in the midst of the global recessioj Denver remains a placefor optimism. We face our challengews head on, and make toughj decisions. Our City government must overcome tougnh times with the same determination that our businesses and families do. With overall revenues down 8 percent in we are making toug h decisions every day to balancseour budget.
Working with our cabiner members, our employees and the City Council we have alreadhcut $86 million from our generalp fund budget for fiscal year 2009. To help do this we savede a combined $16.8 million in overalpl personnel costs. And we saved $22.q2 million in operational costs, such as defermentg of equipment replacement; holding open vacant positions; and reducing the cost of servicesand supplies. And you’lk notice the lights in the Webb building are turnedx off a lot It isnot easy, or even appropriatre in a time of decreasing for a City to hire more employees. Indeed, there are fewe r people working for the City of Denved today than there werein 2002.
But thank to the dedication of our Cityworkeras – and because of innovative new practicese like 3-1-1 – we are findinvg efficiencies and doing more with less.