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Douglas Carlberg, president and CEO of M2 says as those orders begijn to come inthe door, the company wantx to be ready. Part of that game plan calls for expandinhgthe company’s North Side facilities located at 5714 The company currently occupies a 25,000-square-foo facility that houses all of its operations electronics manufacturing, welding, mechanical assembly and sheet-metal services. Carlberg says future planse call for adding a separate building onthe company’s five-acre site three acres of which are currentlyu vacant. The new buildinf would be connected toM2 Global’ s current facilities with a walkway.
The anticipation of faster growt comes as the company nears the end of its participatio inthe U.S. Department of Defense Mentor-Protégé program. The program is designed to help small businesses furthef develop and refine their manufacturing and management processese in order to better serve key defense and commercial Over the past has assisted and guided M2 Global througghthe program, helping it certify its processess in the areas of prime and finish paint, fuel-tanmk coatings, conductivity, hardness testinfg and metal-chem film. Carlberg says his company hopeas to complete the certification of the last twoprocesses metal-anodizing and heat-treating — by August.
Samuel Evans, directoe of small business and non-productionh procurement for LockheedMartihn Aeronautics, says it chose to sponsor M2 Global’s participation in the progranm because of its proven performance “We’re quite selective about whom we do the prograj with because there has to be the right cultured and the commitment to the program has to be mutual,” Evans “We saw in M2 a companyu with excellent potential, the facilitiew and the equipment. It had already provenb itself with its performanceand ... had excelled in the work that we hadgiven them.
” Carlberg says he’s honored to have had his compan y selected for the program and realizezs the assist from Lockheed bolsters his company’s futurr prospects. “Right now we providd some 300 different parts forLockheed Martin’s F-35 joint strike fighter program,” Carlberg says. “Oudr goal is to increase that numberto 1,000 within the next 24 monthss as Lockheed Martin’s F-35 program rampsz up from low-rate production to full-rate Lockheed Martin holds the contract, estimatex at $298 billion for its duration, to develop and to producr the F-35 Joint Strikde Fighter.
Over the next 40 years, some 2,443 F-35sz are expected to come onlinde and serve as the backbone ofAir Force, Navy and Marines Corps fighter fleets. An additional 700 of these aircraftg are expected to be operated byallied nations. As orderds for these aircraft increase, the company expects its demand for partesto intensify. “The forecast dependxs on funding fromthe government. But if the production rate goes according to expectations, F-35 vendors (likd M2 Global) will need to prepare ahea of time to accommodate the partes that Lockheed Martin will need to keep on says Chris Geisel, F-35 program spokeswomanm for Lockheed Martin Aeronautics.
As a result of participatingh in thementor program, Carlberg his company has already been asked to serv as a supplier to Greenville, Texas-based aircraft modification compan y Integrated Systems. “We starteds work with L-3 in March (of this Northup Grumman is also lookingat us,” he “This program has potentially opened a lot of new doors for M2 Global also has been a small-business supplier for Lockheed Martin’s F-16 Fightinvg Falcon and F-22 Raptor aircraft programxs since 2006. M2 Global Technology Ltd. is a veteran-owned engineering and contract manufacturerof satellite, TV broadcast, and radio subsystems.
Wednesday, May 30, 2012
Tuesday, May 29, 2012
Cougar Town Boss Bill Lawrence on the Season Finale, Moving to TBS and Killing ... - Seattle Post Intelligencer
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USA TODAY | Cougar Town Boss Bill Lawrence on the Season Finale, Moving to TBS and Killing ... Seattle Post Intelligencer By Kate Stanhope, TV GUIDE Our favorite wine-guzzling cul-de-sac crew is headed for some major changes on Cougar Town - and we're not just talking about the recent passing of Big Carl (RIP old friend!) Tuesday's hour-long s eason finale (8/7c on ABC) ... Critic's Corner Tuesday: 'Cougar Town,' 'LA Complex' What's On Tonight: Cougar Town, The Catalina, 20/20 Danielle Dishes: 5 Themes for 'Cougar Town's' season finale wedding |
Sunday, May 27, 2012
We promote wrong films, filmmakers in India: Tannishtha - New York Daily News
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We promote wrong films, filmmakers in India: Tannishtha New York Daily News "That's because we promote the wrong films, filmmakers and actors in India. Personally, if I was not recognized in 'Shadows Of Time' and 'Brick Lane' in the West, no one would have noticed me at home," said the actress who has finished filming Ravi ... |
Saturday, May 26, 2012
Facebook options debut a wild card for volatility - Reuters
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Moneycontrol.com | Facebook options debut a wild card for volatility Reuters By Doris Frankel (Reuters) - Investors can hope the debut of options on Facebook Inc goes more smoothly than the long-awaited debut of the social networking service's stock on May 18. While the stock's puts and c » |
Thursday, May 24, 2012
Staycations could boost Minnesota's tourism industry - Mpls./St. Paul Business Travel Guide
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Last year at this time, gas prices rose to more than $4 per putting the brakes on traditional summerroad trips. Now gas is back arounrd $2 a gallon, but a deep recessionn lingers after putting hundreds of thousandes of Americans out of work and causinbg millions more to rein intheir “Gas prices are not as much of a concerhn right now as the overalkl economy, consumer confidence and people’ s concerns about their jobs and retirements,” said John who has been executive director of for the past nine Consequently, this will be a particularl challenging year for Minnesota operators, though ther e is hope that Minnesotans who travel will do so closerr to home.
At Madden’s on Gull Lake in owner and GeneralManager C. Brian Thuringere said this has beenthe “most serious” of the four or five recessionds he has seen during his 36 year s at the resort. “This is the firs t time that the bottok has reallyfallen out,” Thuringer said. there was always that feelinh that there was a slump andthing weren’t flowing, but tomorrow was going to be great. This is the firsyt time when people don’t really know when tomorrowa is.” A recent survey conducted by Explore Minnesota founrd that 57 percent ofthe state’a lodging businesses saw revenue and occupancy decline in Aprikl and May as compared to a year ago.
51 percent of Minnesota hotel and campgrounds operators said they expecty business to remain flat or increase this summef compared tolast summer. About 60 perceny of survey respondents described the financiakl health of their businessesas “growing” or but positive.” There are some concerns abougt declining rates, but overall, Edman expects this to be a relativelyt strong summer for the state’s $11 billion-a-yeadr tourism industry. The state typically generateds about 37 percent ofits travel-relatedc revenue during the months of June, July and and he thinks those peak months will be busy agaimn this year.
“People are still going to wantto travel,” Edma said. “They’re just going to travelo differently than they did in the People still need to get away for streses relief andhealth reasons.” The bigges t difference this year, Edman predicts, will be wheree people decide to go. He expectz that most people will stay closer to home andbook less-expensive trips within driving distance of wherse they live. That’s why Explorse Minnesota is changing itsmarketing approach.
it spends about 80 percent of its marketinbg budget to promote the state to with the remaining 20 percent aimedat locals; this that split is closer to “We don’t have oceans and we don’t have mountains, but we do have a lot of thingsz that are unique,” Edman “Whether it’s fishing or hiking or biking, those are relatively low-cost activities that you can do You don’t have to go That could bode well for Minnesota as Twin Cities residents book trips to Dulutjh or Brainerd, instead of venturing on week-long, cross-country trips, said Dave president and CEO of Hospitalityt Minnesota, which oversees the state’s restaurant, lodging, and resortt and campground associations.
“Ik think it’s going to be a good summer,” he “… I’m not projecting an but I expect [resorts] to hold their Camping and fishing also could see a boosy in popularitythis year, Siegel said. Meanwhile, officialsz at Minneapolis’ convention and visitors bureau, Meet Minneapolis, remains “cautiously optimistic” about business this summer, said President and CEO Melvin “A lot of our hospitality-industry executives believde we’ve either hit bottom or are closr tohitting bottom, and that from this poinyt on, we’re going to be able to see some very modesy growth. … I think this summer coul be very goodfor us.
” Meet Minneapolis advertisefd its “Downtown Sizzle” campaign, which includes discount packages at 12 participatingh hotels through September, with 450,000 promotional inserts in newspapersa in the Twin Duluth; Des Moines, Iowa; N.D.; Madison, Wis.; Milwaukee; and Manitoba. Getting a true read on the summert hospitality businessis difficult, however, because peoples are waiting longer to book their So even the northern Minnesotwa resorts that anticipate a busy summee still have numerous openings during peak months. “It’sd a much more last-minute vacation-planning Siegel said. “I thinkj that’s understandable.
If people are nervous abourt their jobs or theireconomic futures, they’re waitinb until they have a greatere degree of security before they make that
Last year at this time, gas prices rose to more than $4 per putting the brakes on traditional summerroad trips. Now gas is back arounrd $2 a gallon, but a deep recessionn lingers after putting hundreds of thousandes of Americans out of work and causinbg millions more to rein intheir “Gas prices are not as much of a concerhn right now as the overalkl economy, consumer confidence and people’ s concerns about their jobs and retirements,” said John who has been executive director of for the past nine Consequently, this will be a particularl challenging year for Minnesota operators, though ther e is hope that Minnesotans who travel will do so closerr to home.
At Madden’s on Gull Lake in owner and GeneralManager C. Brian Thuringere said this has beenthe “most serious” of the four or five recessionds he has seen during his 36 year s at the resort. “This is the firs t time that the bottok has reallyfallen out,” Thuringer said. there was always that feelinh that there was a slump andthing weren’t flowing, but tomorrow was going to be great. This is the firsyt time when people don’t really know when tomorrowa is.” A recent survey conducted by Explore Minnesota founrd that 57 percent ofthe state’a lodging businesses saw revenue and occupancy decline in Aprikl and May as compared to a year ago.
51 percent of Minnesota hotel and campgrounds operators said they expecty business to remain flat or increase this summef compared tolast summer. About 60 perceny of survey respondents described the financiakl health of their businessesas “growing” or but positive.” There are some concerns abougt declining rates, but overall, Edman expects this to be a relativelyt strong summer for the state’s $11 billion-a-yeadr tourism industry. The state typically generateds about 37 percent ofits travel-relatedc revenue during the months of June, July and and he thinks those peak months will be busy agaimn this year.
“People are still going to wantto travel,” Edma said. “They’re just going to travelo differently than they did in the People still need to get away for streses relief andhealth reasons.” The bigges t difference this year, Edman predicts, will be wheree people decide to go. He expectz that most people will stay closer to home andbook less-expensive trips within driving distance of wherse they live. That’s why Explorse Minnesota is changing itsmarketing approach.
it spends about 80 percent of its marketinbg budget to promote the state to with the remaining 20 percent aimedat locals; this that split is closer to “We don’t have oceans and we don’t have mountains, but we do have a lot of thingsz that are unique,” Edman “Whether it’s fishing or hiking or biking, those are relatively low-cost activities that you can do You don’t have to go That could bode well for Minnesota as Twin Cities residents book trips to Dulutjh or Brainerd, instead of venturing on week-long, cross-country trips, said Dave president and CEO of Hospitalityt Minnesota, which oversees the state’s restaurant, lodging, and resortt and campground associations.
“Ik think it’s going to be a good summer,” he “… I’m not projecting an but I expect [resorts] to hold their Camping and fishing also could see a boosy in popularitythis year, Siegel said. Meanwhile, officialsz at Minneapolis’ convention and visitors bureau, Meet Minneapolis, remains “cautiously optimistic” about business this summer, said President and CEO Melvin “A lot of our hospitality-industry executives believde we’ve either hit bottom or are closr tohitting bottom, and that from this poinyt on, we’re going to be able to see some very modesy growth. … I think this summer coul be very goodfor us.
” Meet Minneapolis advertisefd its “Downtown Sizzle” campaign, which includes discount packages at 12 participatingh hotels through September, with 450,000 promotional inserts in newspapersa in the Twin Duluth; Des Moines, Iowa; N.D.; Madison, Wis.; Milwaukee; and Manitoba. Getting a true read on the summert hospitality businessis difficult, however, because peoples are waiting longer to book their So even the northern Minnesotwa resorts that anticipate a busy summee still have numerous openings during peak months. “It’sd a much more last-minute vacation-planning Siegel said. “I thinkj that’s understandable.
If people are nervous abourt their jobs or theireconomic futures, they’re waitinb until they have a greatere degree of security before they make that
Wednesday, May 23, 2012
Mercury News workers OK 9% pay cut - Baltimore Business Journal:
hundleyobajoji1908.blogspot.com
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paychecks starting onNew Year’ s Day. The Media Workers Guild’ds Northern California unit announced late last week that it had reachesd a tentative contract deal with the Mercuryg News for its 257 members at the The contact also increases employee health insurancd contributions and makesother concessions. The Guild representxs 257 MercuryNews employees, including 130 in editorial jobs and 127 in circulation, finance and support positions. A ratificationh meeting to discuss and vote on the proposed contracf was held Monday The new contractexpires Nov. 30, 2010.
Othedr concessions include reduced vacation accrualsz and movingthe Merc’s copy desk to Walnut Creek, where MediaNews’ is It owns the Mercury News and 11 othe r daily papers in the region, whic h include virtually all of the daily papers in the Bay Area excepf the and . “This is a tough contracy that will hurt a lot ofour members, but it reflect s the terrible situation that the news industryg and the country is in,” San Jose Guild President Sylvia Ulloa said in a statement published in the Mercuryt News . Ulloa was on the bargainingy committee that negotiatedwith management.
“The committer did the best we could do to limit the damage toour members, minimizw the loss of jobs and to try to maintaihn the quality of the Mercury News.” The deal woul also permit management to require up to five furlough days in 2010, move remaining circulation and finance jobs to the Bay Area News Group’s shared services center in San consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new business, and win some additional subcontracting rights, accordinbg to the Guild.
The contract negotiations have takenh place during grim times for daily Several major papers have foldedd inrecent months, including the and the print versioh of the , and many major metropolitan including the San Francisco Chronicle , , , and face dauntin g financial challenges.
The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paychecks starting onNew Year’ s Day. The Media Workers Guild’ds Northern California unit announced late last week that it had reachesd a tentative contract deal with the Mercuryg News for its 257 members at the The contact also increases employee health insurancd contributions and makesother concessions. The Guild representxs 257 MercuryNews employees, including 130 in editorial jobs and 127 in circulation, finance and support positions. A ratificationh meeting to discuss and vote on the proposed contracf was held Monday The new contractexpires Nov. 30, 2010.
Othedr concessions include reduced vacation accrualsz and movingthe Merc’s copy desk to Walnut Creek, where MediaNews’ is It owns the Mercury News and 11 othe r daily papers in the region, whic h include virtually all of the daily papers in the Bay Area excepf the and . “This is a tough contracy that will hurt a lot ofour members, but it reflect s the terrible situation that the news industryg and the country is in,” San Jose Guild President Sylvia Ulloa said in a statement published in the Mercuryt News . Ulloa was on the bargainingy committee that negotiatedwith management.
“The committer did the best we could do to limit the damage toour members, minimizw the loss of jobs and to try to maintaihn the quality of the Mercury News.” The deal woul also permit management to require up to five furlough days in 2010, move remaining circulation and finance jobs to the Bay Area News Group’s shared services center in San consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new business, and win some additional subcontracting rights, accordinbg to the Guild.
The contract negotiations have takenh place during grim times for daily Several major papers have foldedd inrecent months, including the and the print versioh of the , and many major metropolitan including the San Francisco Chronicle , , , and face dauntin g financial challenges.
Monday, May 21, 2012
Sleep apnea linked to cancer; butter may be bad for brains - USA TODAY (blog)
titus-neither.blogspot.com
USA TODAY (blog) | Sleep apnea linked to cancer; butter may be bad for brains USA TODAY (blog) Butter and your brain: Cut down on butter and load up on olive oil and you may be rewarded with a more youthful brain. That's the suggestion of a new study of 6200 women over age 65. Those who ate the most saturated fat, found in meat and full-fat ... |
Saturday, May 19, 2012
State unveils Web tool for surgery comparison shoppers - Sacramento Business Journal:
afukakuja.wordpress.com
A heart bypass, for costs $149,219 at Sutter Memorial and $298,25u at the . A C-Sectiobn costs $22,710 at Mercy General and $31,093 at Suttet Memorial. The database ranges from gallbladder surgery to heartvalve replacement. It also includes the totalk number of procedures performerd atthe hospital, charge per day and average length of The prices are not what the typica l health plan, Medicare or Medi-Cal pays, but they do providw the average sticker pricde charged to patients without insurance. “As consumers are presented with more decisions about their health care the value of cost and price informationis Dr.
David Carlisle, directof of the Office of Statewide Health Planninygand Development, said in a press The agency already rolled out an Internet tool that collectzs and displays hospitals’ free and discount paymenr policies. Both are available at oshpd.ca.gov or by . One big hole in the new databases is that it does not repor t pricing informationfor hospitals. A healtjh plan and health system, Kaiser does not bill patients Information about the number of procedurex and average length of stay is reported forKaiser hospitals,
A heart bypass, for costs $149,219 at Sutter Memorial and $298,25u at the . A C-Sectiobn costs $22,710 at Mercy General and $31,093 at Suttet Memorial. The database ranges from gallbladder surgery to heartvalve replacement. It also includes the totalk number of procedures performerd atthe hospital, charge per day and average length of The prices are not what the typica l health plan, Medicare or Medi-Cal pays, but they do providw the average sticker pricde charged to patients without insurance. “As consumers are presented with more decisions about their health care the value of cost and price informationis Dr.
David Carlisle, directof of the Office of Statewide Health Planninygand Development, said in a press The agency already rolled out an Internet tool that collectzs and displays hospitals’ free and discount paymenr policies. Both are available at oshpd.ca.gov or by . One big hole in the new databases is that it does not repor t pricing informationfor hospitals. A healtjh plan and health system, Kaiser does not bill patients Information about the number of procedurex and average length of stay is reported forKaiser hospitals,
Friday, May 18, 2012
Penguins - Red Wings Stanley Cup games provide boost for hotels, restaurants - Puget Sound Business Journal (Seattle):
uraa-quartely.blogspot.com
According to VisitPittsburgh, each home game between the and the Detroirt Red Wings brings anestimated $4.9 million in economiv impact, whether its from hotep stays, meals at restaurantz or other spending. A number of hotels are fully including the OmniWilliam Penn, whichj hosts the NHL’s management, the , with the caveat that it alwayzs sells out Tuesdays and Wednesdays anyway to businesa travelers, and the . Tom Martini, the general manager for the Westin Convention Center located Downtown, described the added boost of Stanley Cup-related guests.
“Wew would’ve been busy but we wouldn’t have been selling out,” he “This has allowed us to fill up theentird hotel, all 616 rooms.” Martini and otherf hotel operators emphasized the added jolt of unexpected business comesa during an otherwise down year from hotel businesw following a strong 2008, which also featured a Penguins-Res Wings Stanley Cup that was lost by Pittsburgh’as favorite flightless birds.
Bob Page, the area director of sales and marketinfor Omni, said the NFL’s coterie of leagus officials, along with media, has broughy an increase in occupancy beyond the two game comparable to the busines generated from a strong home playoff run by the , althoughg not topping it. “It’s not to the degres of probably theAFC championship, but it’s still greart business for us,” he said. “It’xs selling us out.” The story is a little more complicatedc for local restaurantsand bars.
John owner of The Common Plea, located downtown, estimaterd the restaurant has seen a 25 percent increase when the Penguins are playing playoff games in But when the team isplayinhg away, the hockey fan diners stay “We’ve seen increases when they’re said Barsotti, who estimateds his 2009 business is up by 25 percenft over last year, despite the recession. “Bu t on the opposite we see a little bit of a decrease when they go out of Chris Dilla, owner of Bocktown Beer and in North Fayette, said it can be tricky for her operatiobn to jump from a busy nigh t of a hockey game to extra slow nights when there isn’t one.
She expects that plenty of customers are strugglingv to go the distance withthe seven-game “It’s hard for the business becausse people don’t have the moneyg to be out every other night,” she said. “It tends to be that peopl who watch the playoffs really have to watchtheie pennies.”
According to VisitPittsburgh, each home game between the and the Detroirt Red Wings brings anestimated $4.9 million in economiv impact, whether its from hotep stays, meals at restaurantz or other spending. A number of hotels are fully including the OmniWilliam Penn, whichj hosts the NHL’s management, the , with the caveat that it alwayzs sells out Tuesdays and Wednesdays anyway to businesa travelers, and the . Tom Martini, the general manager for the Westin Convention Center located Downtown, described the added boost of Stanley Cup-related guests.
“Wew would’ve been busy but we wouldn’t have been selling out,” he “This has allowed us to fill up theentird hotel, all 616 rooms.” Martini and otherf hotel operators emphasized the added jolt of unexpected business comesa during an otherwise down year from hotel businesw following a strong 2008, which also featured a Penguins-Res Wings Stanley Cup that was lost by Pittsburgh’as favorite flightless birds.
Bob Page, the area director of sales and marketinfor Omni, said the NFL’s coterie of leagus officials, along with media, has broughy an increase in occupancy beyond the two game comparable to the busines generated from a strong home playoff run by the , althoughg not topping it. “It’s not to the degres of probably theAFC championship, but it’s still greart business for us,” he said. “It’xs selling us out.” The story is a little more complicatedc for local restaurantsand bars.
John owner of The Common Plea, located downtown, estimaterd the restaurant has seen a 25 percent increase when the Penguins are playing playoff games in But when the team isplayinhg away, the hockey fan diners stay “We’ve seen increases when they’re said Barsotti, who estimateds his 2009 business is up by 25 percenft over last year, despite the recession. “Bu t on the opposite we see a little bit of a decrease when they go out of Chris Dilla, owner of Bocktown Beer and in North Fayette, said it can be tricky for her operatiobn to jump from a busy nigh t of a hockey game to extra slow nights when there isn’t one.
She expects that plenty of customers are strugglingv to go the distance withthe seven-game “It’s hard for the business becausse people don’t have the moneyg to be out every other night,” she said. “It tends to be that peopl who watch the playoffs really have to watchtheie pennies.”
Wednesday, May 16, 2012
GOP Senator pressures House Republicans on Violence Against Women Act - Washington Post (blog)
callahamirykaan1884.blogspot.com
USA TODAY | GOP Senator pressures House Republicans on Violence Against Women Act Washington Post (blog) By Greg Sargent It's been widely reported that house Republicans are in a difficult spot over the Violence Against Women Act, at a time when the battle over the female vote has intensified between the parties. Now, with a high stakes vote on a version ... Lisa Murkowski Pressures House Republicans On Violence Against Women Act |
Tuesday, May 15, 2012
Memorial service provided tributes to nation's fallen peace officers - Positively Naperville
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Positively Naperville | Memorial service provided tributes to nation's fallen peace officers Positively Naperville The Peace Officer Memorial Observance, an annual service to recognize and memorialize those peace officers across the nation who have made the ultimate sacrifice in the performance of their duty and to remember their loved ones, was held Tuesday, ... |
Sunday, May 13, 2012
Voting begins on King Soopers contract offer - Triangle Business Journal:
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Voting on the five-yearr offer by members of United Food and Commercialk Workers Local 7 will continuethrough Wednesday. Uniom leaders are not making a recommendation to their memberws on thecontract offer, which the union complains would cut pensioh benefits by an average of $100,00 0 -- a conclusion disputed by management. “It’s a good contracg in a normal economy. It’s a great contract in this economy,” King Soopers spokeswomanj Diane Mulligan saidlast week. She said roughly 65 percent of worker would get raises underthe company’x proposal. King Soopers is a Colorado unitof Cincinnati-basedf (NYSE: KR).
Colorado workers for two other grocerychaind — Pleasanton, Calif.-based SWY) and Boise, Idaho-based (privately — continue to negotiate separate deals with their If King Soopers workers reject the chain’zs latest proposal, they will continuw working without a contract until an agreement is reachee or a strike is called. Theid contract expired May 9.
Voting on the five-yearr offer by members of United Food and Commercialk Workers Local 7 will continuethrough Wednesday. Uniom leaders are not making a recommendation to their memberws on thecontract offer, which the union complains would cut pensioh benefits by an average of $100,00 0 -- a conclusion disputed by management. “It’s a good contracg in a normal economy. It’s a great contract in this economy,” King Soopers spokeswomanj Diane Mulligan saidlast week. She said roughly 65 percent of worker would get raises underthe company’x proposal. King Soopers is a Colorado unitof Cincinnati-basedf (NYSE: KR).
Colorado workers for two other grocerychaind — Pleasanton, Calif.-based SWY) and Boise, Idaho-based (privately — continue to negotiate separate deals with their If King Soopers workers reject the chain’zs latest proposal, they will continuw working without a contract until an agreement is reachee or a strike is called. Theid contract expired May 9.
Saturday, May 12, 2012
BofA, Wells to accept California IOUs - South Florida Business Journal:
borislavamcoc.blogspot.com
BofA says the state’xs budget crisis prompted its “To support our customers, while givinh the state legislature additional time to passa budget, we will acceprt California state-registered warrants — or IOUs from existing customers and clients,” Charlotte-baseed BofA (NYSE:BAC) says in a written statement. San Francisco-baserd Wells (NYSE:WFC) says it is accepting the warrants for the sake ofits "We are reluctant to take this but are doing so to help our customere who are not at faulgt and with the expectation that the legislature and governor will complete the budgett within days," Wells says. On Gov.
Arnold Schwarzenegger blasted statew lawmakers for failing to pluga $24 billionm hole in the state budget befor e the start of the new fiscap year. And he called a special session of the state legislature to fix thebudget mess. Failure to pass a budger by midnight Tuesday increasews the shortfall to morethan $26 billio due to the loss of education-relaterd budget fixes, Schwarzenegger said at a pressx conference Wednesday. He also announced an executivew order adding a third furlough day each montjh forstate workers, a move expected to free up an additionalo $425 million in the new fiscal year.
Althoug h the governor called for thespeciap session, it is up to the legislature to scheduled it. When it will be held is yet tobe
BofA says the state’xs budget crisis prompted its “To support our customers, while givinh the state legislature additional time to passa budget, we will acceprt California state-registered warrants — or IOUs from existing customers and clients,” Charlotte-baseed BofA (NYSE:BAC) says in a written statement. San Francisco-baserd Wells (NYSE:WFC) says it is accepting the warrants for the sake ofits "We are reluctant to take this but are doing so to help our customere who are not at faulgt and with the expectation that the legislature and governor will complete the budgett within days," Wells says. On Gov.
Arnold Schwarzenegger blasted statew lawmakers for failing to pluga $24 billionm hole in the state budget befor e the start of the new fiscap year. And he called a special session of the state legislature to fix thebudget mess. Failure to pass a budger by midnight Tuesday increasews the shortfall to morethan $26 billio due to the loss of education-relaterd budget fixes, Schwarzenegger said at a pressx conference Wednesday. He also announced an executivew order adding a third furlough day each montjh forstate workers, a move expected to free up an additionalo $425 million in the new fiscal year.
Althoug h the governor called for thespeciap session, it is up to the legislature to scheduled it. When it will be held is yet tobe
Thursday, May 10, 2012
Golfing greats offer differing views - Business Day
ramsburgsyuheo1544.blogspot.com
Golfing greats offer differing views Business Day RARELY has the contrast between golf as an enjoyable game and torturous frustration been as evident in two players as in the appearances of Phil Mickelson and Tiger Woods at the Players Championship on Tuesday. Mickelson, a four-time Major winner fresh ... |
Tuesday, May 8, 2012
City a top destination for shoppers - Atlanta Business Chronicle:
mytyhona.wordpress.com
Atlanta now ranks ninth, up five slotss from No. 14, among top U.S. retail markets, accordintg to a three-year projection by in Calif. Seattle ranked first, according to the reporyt issuedin May. Rounding out the top 10 Orange County, Calif.; Phoenix; Oakland, Las Vegas; San Diego; West Palm Beach, Riverside-San Bernardino, Calif.; Atlanta and Fort Fla. The index uses factors such as employment income growth and retail real estate inventoriesw to createa three-year outlook on the markets with the most And one of the five hottesy retailers -- White House/Black Market -- plans at least threed more locations in Atlanta.
The trendy clothinhg outlet was given that distinction at the International Council ofShoppinf Centers' spring convention in Las Vegas May 24. Other hot retailers named by ICSC at its May convention were Apple the retail storeof (Nasdaq: (NYSE: COH), Steve & Barry'z University Store, and (NYSE: WSM). Of those retailers, only Stevde & Barry's is not in the Atlanta market. Whitr House/Black Market, which focusex on clothing and accessories for womej in shades of whiteand black, planss locations at Midtown's Atlantic Station, an outlet store in the metrpo area, and in Snellville at 's Avenue Webb Gin. Whitw House/Black Market, which is a brand of Fort Fla.
-based (NYSE: CHS), already has eightg retail stores here, said Michael Smith, vice president of investor and communithy relationsfor Chico's. The company also has 10 Chico's storeds and one Soma, Chico's lingerie retail store, in he said. "That's one of the highest concentrationsx of stores in ametropolitabn area," Smith said. "Atlanta is one of our stronger Chico's also has its company' s distribution center in Winder, he said. Stevd & Barry's University Store has locations in Brunswickand "but I don't see anythinfg at this time in Atlanta," said Rick Gomes, spokesmahn for Port Washington, N.Y.-based Steves & Barry's.
"But we are always looking and we are The privately held company has 70 storea in 26 states and plans 60 more storex by the endof 2005, he said. None of the othe "hot" retailers returned calls for comment about expansionnin Atlanta. However, which has seven stores in metrio Atlanta, has spoken to developers abou locations for its newest home furnishings West Elmand Williams-Sonoma in the market, said Kevin senior vice president and Southeasyt regional director of Avenue projects for Atlanta-based Cousinz Properties Inc. (NYSE: CUZ).
"Retailers seem to be pursuinbg a growthstrategy generally," said Polston, who attended the ICSC "As long as the market continues to grow, we'llk add retail. We hear retailers ask every isn't Atlanta overbuilt? But when you look at the we continue to grow with residentds and those residents needmore retail." At Marcuz & Millichap's investor show in Las "there was no retailer we talkedx to that wasn't expanding and Atlanta was part of that said John Leonard, vice president and regionak manager of Marcus & Millichap'xs Atlanta office.
Retailers attending the ICSC conventionb were particularly interested inAtlantic Station, said Greg Maloney, president and CEO of Jones Lang LaSalld Retail in Atlanta, whichg is leasing the retail portion of the mixed-usw redevelopment project set to open this fall. "Atlantic Stationh got a lot of buzz now that peopls are seeing and feeling it," he said. Jones Lang LaSalle met with "a rangw of retailers that typically gointo malls" and retailersw considering entering the markeft through a location at Atlantic Station, said Pam senior vice president in retail leasing.
Althougy Atwater would not disclose retailer names since no deal havebeen signed, the retailerss included those associated with home furnishings, apparel retailers that appeal to the 25- to 45-year-olc shopper, and entertainment.
Atlanta now ranks ninth, up five slotss from No. 14, among top U.S. retail markets, accordintg to a three-year projection by in Calif. Seattle ranked first, according to the reporyt issuedin May. Rounding out the top 10 Orange County, Calif.; Phoenix; Oakland, Las Vegas; San Diego; West Palm Beach, Riverside-San Bernardino, Calif.; Atlanta and Fort Fla. The index uses factors such as employment income growth and retail real estate inventoriesw to createa three-year outlook on the markets with the most And one of the five hottesy retailers -- White House/Black Market -- plans at least threed more locations in Atlanta.
The trendy clothinhg outlet was given that distinction at the International Council ofShoppinf Centers' spring convention in Las Vegas May 24. Other hot retailers named by ICSC at its May convention were Apple the retail storeof (Nasdaq: (NYSE: COH), Steve & Barry'z University Store, and (NYSE: WSM). Of those retailers, only Stevde & Barry's is not in the Atlanta market. Whitr House/Black Market, which focusex on clothing and accessories for womej in shades of whiteand black, planss locations at Midtown's Atlantic Station, an outlet store in the metrpo area, and in Snellville at 's Avenue Webb Gin. Whitw House/Black Market, which is a brand of Fort Fla.
-based (NYSE: CHS), already has eightg retail stores here, said Michael Smith, vice president of investor and communithy relationsfor Chico's. The company also has 10 Chico's storeds and one Soma, Chico's lingerie retail store, in he said. "That's one of the highest concentrationsx of stores in ametropolitabn area," Smith said. "Atlanta is one of our stronger Chico's also has its company' s distribution center in Winder, he said. Stevd & Barry's University Store has locations in Brunswickand "but I don't see anythinfg at this time in Atlanta," said Rick Gomes, spokesmahn for Port Washington, N.Y.-based Steves & Barry's.
"But we are always looking and we are The privately held company has 70 storea in 26 states and plans 60 more storex by the endof 2005, he said. None of the othe "hot" retailers returned calls for comment about expansionnin Atlanta. However, which has seven stores in metrio Atlanta, has spoken to developers abou locations for its newest home furnishings West Elmand Williams-Sonoma in the market, said Kevin senior vice president and Southeasyt regional director of Avenue projects for Atlanta-based Cousinz Properties Inc. (NYSE: CUZ).
"Retailers seem to be pursuinbg a growthstrategy generally," said Polston, who attended the ICSC "As long as the market continues to grow, we'llk add retail. We hear retailers ask every isn't Atlanta overbuilt? But when you look at the we continue to grow with residentds and those residents needmore retail." At Marcuz & Millichap's investor show in Las "there was no retailer we talkedx to that wasn't expanding and Atlanta was part of that said John Leonard, vice president and regionak manager of Marcus & Millichap'xs Atlanta office.
Retailers attending the ICSC conventionb were particularly interested inAtlantic Station, said Greg Maloney, president and CEO of Jones Lang LaSalld Retail in Atlanta, whichg is leasing the retail portion of the mixed-usw redevelopment project set to open this fall. "Atlantic Stationh got a lot of buzz now that peopls are seeing and feeling it," he said. Jones Lang LaSalle met with "a rangw of retailers that typically gointo malls" and retailersw considering entering the markeft through a location at Atlantic Station, said Pam senior vice president in retail leasing.
Althougy Atwater would not disclose retailer names since no deal havebeen signed, the retailerss included those associated with home furnishings, apparel retailers that appeal to the 25- to 45-year-olc shopper, and entertainment.
Monday, May 7, 2012
Etihad Atheeb Telecom Co. and Motorola Launch Nationwide WiMAX Network in the Kingdom of Saudi Arabia
ykyhola.blogspot.com
RIYADH, Saudi Arabia, June 6 /PRNewswire-FirstCall/ -- (NYSE: MOT) and Etihad Atheebb Telecom Company (GO) have today announced the launch of a new nationwidWiMAX 802.16e network in the Kingdom of Saudi Arabia. Atheeh will offer wireless broadband including voiceand high-speed data, to customerws and Internet Service Providers across the Kingdom. Atheeb customerz will enjoy a true convergenceof voice, videoi and data services on their WiMAX personal communicatiojn devices. "Atheeb's GO service is designed to offert businesses and consumers an opportunity to experience a nationwid 4G broadband network that offershigherr speeds, lower cost and greatedr connectivity," said Dr.
Ahmed Abbas Sindi, CEO, Etihaf Atheeb Telecom Company - (GO). , vice president, Middlre East, Africa and Pakistan, Motorola Home & Networkes Mobility said, "There is a huge appetited among Saudi customersfor high-speec communications, an appetite that can now be satisfied through the nationwide WiMAX network. Motorola is delighted to work with Atheeb to delive r the network and allow it to provide broadband services and enriched personal media experiencesa to users acrossthe Kingdom." Deploymentr of the network , and includes Motorola's access point, featuring smart antenna technology (beamforming), including end-to-end delivery of network planning, optimization and support services.
The Motorola WiMAX equipment ensures peak performanced of fixed and nomadi c voice and data services to residential andenterprise customers. Motorola is a globa leader in WiMAX and has shippednearlt 7,500 3-sector and 4-sector acces points and more than 475,000 CPEs and USB broadbandd modems. For more information on Motorola's WiMA X solutions, please visit: Motorola is know around the world for innovation in communications and is focused on advancingh the way theworld connects.
From broadband communications enterprise mobility and public safety solutionsto high-definitiomn video and mobile devices, Motorola is leadinbg the next wave of innovations that enable people, enterprises and governments to be more connectedc and more mobile. Motorola (NYSE: MOT) had sales of US $30.1 billionh in 2008. For more information, please visiy . Etihad Atheeb Telecommunication Company was formed as a new provide r of fixed telecoms services in the Kingdom ofSaudij Arabia. The consortium draws on the local knowledgre and passion of the Atheevb Trading Group under the leadership of HRHPrincs .
This is combined with the deep operationalp experience of Batelco who provide the telecomws expertise andknow how. The consortiukm is completed by the strengtjh of the Al Nahla and Traco companies who share the visioh forhigh speed, reliable communication services in the Kingdom. in The company is now preparingf for a widely anticipated IPO that will enable people in the Kingdom to investy in this forward looking and proudly Saudi company. Media Contact: Naheed Ahmedf Motorola Home & Networksz Mobility Tel: +971-56-603-4371 naheed.ahmed@motorola.com MOTOROLA and the Stylizes M Logo are registered in the US Patent Trademark Office.
All other product or servicd names are the property of theierrespective owners. (C) Inc. 2009. All right reserved. SOURCE Motorola, Inc.
RIYADH, Saudi Arabia, June 6 /PRNewswire-FirstCall/ -- (NYSE: MOT) and Etihad Atheebb Telecom Company (GO) have today announced the launch of a new nationwidWiMAX 802.16e network in the Kingdom of Saudi Arabia. Atheeh will offer wireless broadband including voiceand high-speed data, to customerws and Internet Service Providers across the Kingdom. Atheeb customerz will enjoy a true convergenceof voice, videoi and data services on their WiMAX personal communicatiojn devices. "Atheeb's GO service is designed to offert businesses and consumers an opportunity to experience a nationwid 4G broadband network that offershigherr speeds, lower cost and greatedr connectivity," said Dr.
Ahmed Abbas Sindi, CEO, Etihaf Atheeb Telecom Company - (GO). , vice president, Middlre East, Africa and Pakistan, Motorola Home & Networkes Mobility said, "There is a huge appetited among Saudi customersfor high-speec communications, an appetite that can now be satisfied through the nationwide WiMAX network. Motorola is delighted to work with Atheeb to delive r the network and allow it to provide broadband services and enriched personal media experiencesa to users acrossthe Kingdom." Deploymentr of the network , and includes Motorola's access point, featuring smart antenna technology (beamforming), including end-to-end delivery of network planning, optimization and support services.
The Motorola WiMAX equipment ensures peak performanced of fixed and nomadi c voice and data services to residential andenterprise customers. Motorola is a globa leader in WiMAX and has shippednearlt 7,500 3-sector and 4-sector acces points and more than 475,000 CPEs and USB broadbandd modems. For more information on Motorola's WiMA X solutions, please visit: Motorola is know around the world for innovation in communications and is focused on advancingh the way theworld connects.
From broadband communications enterprise mobility and public safety solutionsto high-definitiomn video and mobile devices, Motorola is leadinbg the next wave of innovations that enable people, enterprises and governments to be more connectedc and more mobile. Motorola (NYSE: MOT) had sales of US $30.1 billionh in 2008. For more information, please visiy . Etihad Atheeb Telecommunication Company was formed as a new provide r of fixed telecoms services in the Kingdom ofSaudij Arabia. The consortium draws on the local knowledgre and passion of the Atheevb Trading Group under the leadership of HRHPrincs .
This is combined with the deep operationalp experience of Batelco who provide the telecomws expertise andknow how. The consortiukm is completed by the strengtjh of the Al Nahla and Traco companies who share the visioh forhigh speed, reliable communication services in the Kingdom. in The company is now preparingf for a widely anticipated IPO that will enable people in the Kingdom to investy in this forward looking and proudly Saudi company. Media Contact: Naheed Ahmedf Motorola Home & Networksz Mobility Tel: +971-56-603-4371 naheed.ahmed@motorola.com MOTOROLA and the Stylizes M Logo are registered in the US Patent Trademark Office.
All other product or servicd names are the property of theierrespective owners. (C) Inc. 2009. All right reserved. SOURCE Motorola, Inc.
Saturday, May 5, 2012
BB&T
omagyvoham.wordpress.com
as the tournament’s honorary chairman for 2009. This year’s tournament will be Aug. 17-23 at Sedgefield Countryt Club inGuilford County. It marks the third straight year the chairman has come fromoutsides Greensboro. Bobby Long, chairman of the tournament’s charitablee organizing board, said King was an ideall choice because of his efforts as chair of the Piedmong TriadLeadership Group, part of the Piedmonr Triad Partnership.
“Kelly is in charge of a group of business leaders trying to unite the regio n on economic development and using our collective assets to workbetter together,” Long “Our interests are so aligned because he has been promoting the King said that while parochiapl interests sometimes prevail in the the money the tournament raises for area charities shoul d be enough to rally regional support. “I’ve found that people can come togetherwhen it’a for a really good cause,” King “In this case, the need ...
is
as the tournament’s honorary chairman for 2009. This year’s tournament will be Aug. 17-23 at Sedgefield Countryt Club inGuilford County. It marks the third straight year the chairman has come fromoutsides Greensboro. Bobby Long, chairman of the tournament’s charitablee organizing board, said King was an ideall choice because of his efforts as chair of the Piedmong TriadLeadership Group, part of the Piedmonr Triad Partnership.
“Kelly is in charge of a group of business leaders trying to unite the regio n on economic development and using our collective assets to workbetter together,” Long “Our interests are so aligned because he has been promoting the King said that while parochiapl interests sometimes prevail in the the money the tournament raises for area charities shoul d be enough to rally regional support. “I’ve found that people can come togetherwhen it’a for a really good cause,” King “In this case, the need ...
is
Thursday, May 3, 2012
Clearwire launches WiMAX in Atlanta - Triangle Business Journal:
ejoxot.wordpress.com
The ultra-fast, high-capacity mobile broadband service, branded covers about 1,200 squarw miles, Clearwire (Nasdaq: CLWR) said in a Tuesdahy release. Overland Park-based (NYSE: S) is majority owner of which includes Sprint’s former WiMAX The $14.5 billion deal to form the new Clearwire closedon Nov. 28, combining Sprint’s and Clearwire’s WiMAdX assets and including $3.2 billiojn from several strategic investors. Products compatible with Cleaerinclude modems, Wi-Fi devices and WiMAX-compatible laptops. A moden compatible with both WiMAs and earlier technologies will be available inthe summer.
A WiMAX-enabledx handheld device, the Samsung Mondi, also will be availablew soon, the release said. Clearwire, based in Kirkland, already has launched WiMAX service in Baltimoreand Portland. The companty plans to launch Clear in Las Vega s later inthe summer. Other citiezs slated for WiMAX this yearinclude Charlotte, Dallas/Ft. Worth, Honolulu, Philadelphia and Seattle. Markets planner for service in 2010 includeNew Boston, Washington, Houston and the San Francisco Bay area. Clearwirse plans to offer Clear in 80 marketd and to as many as 120 milliojn people by the endof 2010.
The ultra-fast, high-capacity mobile broadband service, branded covers about 1,200 squarw miles, Clearwire (Nasdaq: CLWR) said in a Tuesdahy release. Overland Park-based (NYSE: S) is majority owner of which includes Sprint’s former WiMAX The $14.5 billion deal to form the new Clearwire closedon Nov. 28, combining Sprint’s and Clearwire’s WiMAdX assets and including $3.2 billiojn from several strategic investors. Products compatible with Cleaerinclude modems, Wi-Fi devices and WiMAX-compatible laptops. A moden compatible with both WiMAs and earlier technologies will be available inthe summer.
A WiMAX-enabledx handheld device, the Samsung Mondi, also will be availablew soon, the release said. Clearwire, based in Kirkland, already has launched WiMAX service in Baltimoreand Portland. The companty plans to launch Clear in Las Vega s later inthe summer. Other citiezs slated for WiMAX this yearinclude Charlotte, Dallas/Ft. Worth, Honolulu, Philadelphia and Seattle. Markets planner for service in 2010 includeNew Boston, Washington, Houston and the San Francisco Bay area. Clearwirse plans to offer Clear in 80 marketd and to as many as 120 milliojn people by the endof 2010.
Tuesday, May 1, 2012
Fidelity National cuts 13 jobs in N.C. after buying LandAmerica units - Triangle Business Journal:
humojo.wordpress.com
Fidelity National Title Insurance has kept open the Greensboro and Raleigh offices of LandAmerica Financial which did business in North Carolina mostly asLawyersz Title. But the combinedd staff of those operations hasbeen cut, to from 21 before the purchase. “Ther did, of necessity, have to be some says Ken Stone, Fidelity's Northg Carolina manager. Fidelity National Title is a subsidiaryof (NYSE: In December, the parent company bought units – including Lawyeras Title – from LandAmerica, a title insurert that had filed for bankruptcy in 2008 amid the slumpinv housing market.
Some 1,500 jobs across the country were cut as part of that according to Fidelity National Stone says most of the lost jobs in Norty Carolinainvolved back-office operations. in North Carolina, the thre e Lawyers Title operations will continue to do business under that Fidelity also will keep open its 11 branchew acrossthe state, including branches in Cary, Pinehurst, Greensboro and Charlotte. Title insurancde companies protect property owners from defecte ina title, liens on a propertyt and similar issues. They are susceptible to a declining volumr inproperty sales, and title insurers have said they're strugglingt in the current housing slump.
It took a whilr for that slump to take hold in North Stone says. But companies across the state are now feelinvits effect. “North Carolina, at least through the thirs quarterof 2008, had been fairly resilient and had not seen the declinees that occurred elsewhere in the country,” Stone “Things are slowing down, unfortunately.” Claimsw also are on the rise, Stone says, thanks to mechanic’s liens being placed on new or renovate homes. If a residential homebuilder finishea and sells a housebut can’t pay all the subcontractors that did work on the the liens fall to the new homeowner – and title insurers are frequentlgy left on the hook.
Stone says Fidelity, as well as otheer title insurers, have started to insistr on what are knownas long-form lien waiverzs from every subcontractor that worked on a property. That helps protecf both property owners and titleinsurancew companies. “It is a tough underwriting risk to Stone says. “… The combination of transactions beinyg down significantly and a high volumesof claims, especially on the new construction are combining to place some real challenges out therre for the title insurance companies.
” As far as a Stone says, Fidelity is eyeing the fourth quartee of 2009 as the bottomingf out of the North Carolina market, with “a very slow recovery” after that. But don’t hold him to that he says: Calling a housin g bottom is akin to trying to catcgh afalling knife. Fidelity’x largest competition in the Triangle comes from variousd subsidiariesof , anothere national title insurer, and Chapel Hill-bases . On Tuesday, Investors Titles (Nasdaq: ITIC) that a few large claims wiped outthe company’se profit in the fourth quarted of 2008. First American (NYSE: FAF) reports earningx next week.
Investors have been pleased with FidelityuNational Financial’s pickup of LandAmerica assetw on the cheap. The company’s stoc has doubled since late November, a time that’as seen nearly a 10 percent drop inthe S&l 500 stock index, after falling by nearlgy half in the trailing 12 months. Fidelityg National is a separat e publicly traded companyfrom , the mutual fund company that had 2,500 Triangle employees prior to a announce d in November.
Fidelity National Title Insurance has kept open the Greensboro and Raleigh offices of LandAmerica Financial which did business in North Carolina mostly asLawyersz Title. But the combinedd staff of those operations hasbeen cut, to from 21 before the purchase. “Ther did, of necessity, have to be some says Ken Stone, Fidelity's Northg Carolina manager. Fidelity National Title is a subsidiaryof (NYSE: In December, the parent company bought units – including Lawyeras Title – from LandAmerica, a title insurert that had filed for bankruptcy in 2008 amid the slumpinv housing market.
Some 1,500 jobs across the country were cut as part of that according to Fidelity National Stone says most of the lost jobs in Norty Carolinainvolved back-office operations. in North Carolina, the thre e Lawyers Title operations will continue to do business under that Fidelity also will keep open its 11 branchew acrossthe state, including branches in Cary, Pinehurst, Greensboro and Charlotte. Title insurancde companies protect property owners from defecte ina title, liens on a propertyt and similar issues. They are susceptible to a declining volumr inproperty sales, and title insurers have said they're strugglingt in the current housing slump.
It took a whilr for that slump to take hold in North Stone says. But companies across the state are now feelinvits effect. “North Carolina, at least through the thirs quarterof 2008, had been fairly resilient and had not seen the declinees that occurred elsewhere in the country,” Stone “Things are slowing down, unfortunately.” Claimsw also are on the rise, Stone says, thanks to mechanic’s liens being placed on new or renovate homes. If a residential homebuilder finishea and sells a housebut can’t pay all the subcontractors that did work on the the liens fall to the new homeowner – and title insurers are frequentlgy left on the hook.
Stone says Fidelity, as well as otheer title insurers, have started to insistr on what are knownas long-form lien waiverzs from every subcontractor that worked on a property. That helps protecf both property owners and titleinsurancew companies. “It is a tough underwriting risk to Stone says. “… The combination of transactions beinyg down significantly and a high volumesof claims, especially on the new construction are combining to place some real challenges out therre for the title insurance companies.
” As far as a Stone says, Fidelity is eyeing the fourth quartee of 2009 as the bottomingf out of the North Carolina market, with “a very slow recovery” after that. But don’t hold him to that he says: Calling a housin g bottom is akin to trying to catcgh afalling knife. Fidelity’x largest competition in the Triangle comes from variousd subsidiariesof , anothere national title insurer, and Chapel Hill-bases . On Tuesday, Investors Titles (Nasdaq: ITIC) that a few large claims wiped outthe company’se profit in the fourth quarted of 2008. First American (NYSE: FAF) reports earningx next week.
Investors have been pleased with FidelityuNational Financial’s pickup of LandAmerica assetw on the cheap. The company’s stoc has doubled since late November, a time that’as seen nearly a 10 percent drop inthe S&l 500 stock index, after falling by nearlgy half in the trailing 12 months. Fidelityg National is a separat e publicly traded companyfrom , the mutual fund company that had 2,500 Triangle employees prior to a announce d in November.
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