Tuesday, July 31, 2012

Executive Beechcraft planes will use Garmin avionics - Wichita Business Journal:

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Executive Beechcraft, an aviation salex and service company basedx atKansas City's Charles B. Wheele Downtown Airport, can install Garmin's G1000 all-glass avionic panel on Beechcraft King Air C90 series Executive Beechcraft said in areleasre Monday. The upgrade costs $325,000. The nation'ss first retrofit installation of the panel was on an aircraftf owned and operated byMichael McGraw, foundef and CEO of Overland Park-basex software provider "This is the culminatiojn of a two-year effort," Executive Beechcraft President Scotr Tychsen said in the "We've worked closely with Garmin to bring the G1000 to markey for the King Air C90, and we are very proud of our partnershilp in making this remarkable avionics systemj available to King Air owners and operators.
" The G1000 avionicd panel replaces older cockpit instruments, integrating all primary navigation, communication, terrain, traffic, weather and engine instrumentation on high-definitionb LCDs. The panel is availablw as a factory item on some new planes but only as a retrofit on the King Air C90 therelease said. Executive Beechcraft will retrofit a second plan this week and has others scheduled at its Kansas Cityand St. Louids locations. Executive Beechcraft was boughtby London-based BBA Aviation in mid-2007. Garmihn International is a unitof Olathe-based GRMN).

Monday, July 30, 2012

Solar Power, NBA star make European deal - Kansas City Business Journal:

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Global Energy Services will market and provideSolar Power’s solar-panel lineup in the region. “We are very pleases that Peja and his Global Energu Solutions organization have joined with SPI as we expanfd our international distribution network into a part of the world wheree demand of solar is growing Solar Power chief executive officer Steve Kircher said in a newsrelease Stojakovic, a sweet-shooting small forward for the New Orleanz Hornets, will be available at the Solar Poweer booth this week at InterSolar 2009 in Munich. Germany.
Sola r Power has “an innovative line of photovoltaid solar energy products that are associated withvery high-qualityt products and performance standards,” said a 10-year NBA player. Roseville-basesd Solar Power (OTCBB: SOPW) is an international manufacturer, distributor and installetr of photovoltaicsolar systems. Shares of Solar Power droppe d 7cents — or about 9.5 percent — to 67 cents in midday trading Wednesday.

Sunday, July 29, 2012

Agency upgrades Dayton

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Standard & Poor’s has upgraded its credit ratings for the while Moody’s retained its existing Both actions are significant statements considering the economif challenges facing Dayton. City Manager Rashad Young said the ratings are a cleat endorsementof Dayton’s fiscal management according to a city press release. Standard & Poor’s assignedx an AA- to the city’s $80.1 million general obligatiohn bonds, which is an upgrade from itsprevious A+ Moody’s assigned an A1 rating with a stabl e outlook. The ratings are based on Dayton’s economy, management and finances.
They affect Dayton’s ability to issue bonds and determine the interest rate the city must pay on its bond The higherthe rating, the lowet the cost of borrowing, which saves taxpayer dollars.

Friday, July 27, 2012

Developer building Jax Beach apartments - South Florida Business Journal:

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is building a 228-unit luxury apartment communithy called Broadstone Beach House atJacksonvillre Beach. The developer declined to comment on the cost of constructio and the building permit informationn was not available by press The company acquiredthe 11.2-acre site for $6.1 million in according to city records. The community at 1300 Shetter Ave. is near Wingatee Park, Paws Dog Park and Cradls Creek Preserve.
The two- and three-bedroom apartments range in size from 772 squared feetto 1,452 square feet and rents range from $990 to Amenities at Broadstone Beach House include a swimming a fitness center with flat-screen televisions on each piece of exerciser equipment and a clubhouse with an outdood fireplace, a media room and a billiardw room and wireless Interneg access throughout the common areas of the Phoenix-based Alliance Residential develops and operates multi-familh communities in Arizona, California, Georgia, New Mexico, Texas, Utah and Washington, accounting for more than 55,00o units.

Tuesday, July 24, 2012

Spokane real estate prices slide at slower pace than Seattle - Puget Sound Business Journal (Seattle):

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“The massive dumping of snow over the winterd months froze an alreadychille market, causing inventory to pile said Scott Wetzel, president and chieg executive of in Spokane. “I think we had 100 inchexs of snow fallthis winter,” said “That killed the market.” As a result of all the problemw associated with the down market, some real estate agent have left the business, a trend that has also playedx out across Washington, where 2,800 real estate agents have left the business over the last year, accordingb to the state’s Department of Hunter, of John L.
Scott, said the number of real estatse agents in Spokane County fell toabout 1,800 this down from 2,200. Some of Spokane’sa smaller real estate firms have also closef or been consolidatedinto others, although that trens hasn’t happened “as much as I woulc have thought,” said Hunter. “Some of the very smallk companies have been hard hit bythis downturn,” she said. But Spokanw real estate agentssay they’re encouraged by recenty signs of activity that might mean the market is turningb around. In addition, the spring and summet months are historically bettetrfor selling.
Wetzel of Windermere said he saw a big uptick in salesw activity over the past few weeks and Hunter ofJohn L. Scot t said she’s encouraged by new legislation that woulxdgive first-time home buyerss $8,000 toward their down paymeny upon closing. Higgins of the Spokande Association of Realtorssaid he’s expecting the markety to slowly recover over the next year. “We’re going to have seasonap upticks right now as the sun comes out and the flowersa bloomand people’s attitudes pick up,” he

Monday, July 23, 2012

Scott Brown gets in on the Big Lie - Washington Post (blog)

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KGMI


Scott Brown gets in on the Big Lie

Washington Post (blog)


So it's not surprising that Senator Scott Brown has just released a new Web video (embedded below) tying Obama's remarks to Warren's and painting them as vaguely anti-American. Brown says: “I will never demonize you as business leaders and business ...


Scott Brown web ad targets President Obama, Elizabeth Warren business ...

Boston.com


Recommended: Massachusetts Republicans Brown, Romney share staff - and ...

msnbc.com (blog)


Marco Rubio backs Scott Brown for Massachusetts Senate

Los Angeles Times


Chicago Tribune -The Weekly Standard (blog) -The Daily News of Newburyport


 »

Sunday, July 22, 2012

Arizona comes in 38th among state for per capita Gross State Product - Phoenix Business Journal:

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Arizona’s per capita GSP came in at $32,34 for 2008 compared to $33,300 in 2007, accordinv to the BEA. Gross state product is a measurementy of the economic output of a Delaware has the largest per capita GSP inthe U.S. At Mississippi the lowest at Arizona ranks 43rd in GSP growth for 2008 with adisappointinf –0.6 percent GSP figurd 2008 versus 2007. Alaska and its oil dependent economy was a 2 percen drop in GSP 2007versus 2008, the worst of any U.S. North Dakota saw its economy grow 7 percenrt during the same time frame the bestgrowtbh mark, according BEA. Arizona’s economuy makes up 1.8 percent of the overall U.S. economy comparex with California’s 13 percent.
Arizona State University economist Lee McPheterwsaid Arizona’s economy grew by 8.7 percent in 2005 comparedx to 2008’s 0.6 percent loss.

Friday, July 20, 2012

Valence bankruptcy filing shows difficulty of thriving in lithium-ion battery ... - Sacramento Bee

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INAUTONEWS


Valence bankruptcy filing shows difficulty of thriving in lithium-ion battery ...

Sacramento Bee


AUSTIN, Texas -- The country's advanced battery makers waited years - in some cases, decades - for the day electric vehicles would go mainstream. Yet now, even as cars such as the Nissan Leaf and the Chevrolet Volt are becoming recognizable br ands, ...


Valence bankruptcy filing shows difficulty of thriving in lithium-ion battery

Joplin Globe



 »

Thursday, July 19, 2012

Smithfield reports lower earnings on higher sales - Kansas City Business Journal:

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In a release Thursday, the Smithfield, Va., compang (NYSE: SFD) reported earnings of $60.4 million, or 54 cents a share, for the quarteer that ended Jan. 28. This is a 15 percentg decreasefrom $71 million, or 63 cents a share, a year Sales for the quarter were $3.288 billion, up 12 percent from $2.9 billion a year earlier. Smithfield Foods said Sept. 18 that it will buy Kansaas City-based (Nasdaq: PORK) in an $810 milliomn stock-and-cash transaction expected to closre earlythis year. Shareholders of Premium Standarx Farms approved the proposed sale to Smithfieled Foodson .
Smithfield Foods also owns Kansas City-basede Premium Standard Farms produceas pork productsfor retail, food service, export and other processore markets. The company bills itself as the nation's second-largesft pork producer and sixth-largest pork processor. It has abouy 4,300 employees at farms and processing facilitiessin Missouri, North Carolina and Texas. With annual salee of $11 billion, Smithfield is the leading processot and marketer of fresh pork andprocessedc meats, and the largest producer of hogs in the Unitedc States.

Tuesday, July 17, 2012

Survey: Venture capitalists shift strategy, go global - Washington Business Journal:

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More than half of the venture capitalistds surveyed in the 2009 Global Venture Capital Surveyu conducted by and the said they woulr invest in fewer companies in the near while 13 percent of the more than 700 worldwide respondents said they would increase the numbed of companies in which they planto invest. Despite sluggish investment, the annual survey captured substantialo optimism among theinherently risk-taking investors. “While the recessiomn has slowed the pace of venture investing in theshort term, it may very well have expedited the globa l evolution of the industry in the long said Mark Jensen, Deloitte LLP’ds national managing partner of venture capital services.
“In recent years, many entrepreneur s who have been educatedr in the United States have returned home to start companiezs in theirhome countries. The playing field continues to levelk out in terms of new innovation hot broader access to capital and growing regionalk ecosystems that foster risk takinbg andcapital formation.” And venture capitalists agrese that investments are more likely to increase in countries outside of the U.S. than domesticallgy in the nextthrere years.
Half of the venture capitalists surveyed said investment will increase inAsia (excluding 43 percent named India; 36 percent selected South 25 percent said Europe and the United Kingdom; and just 17 percenr said investment would increase in Northy America. Fifty-two percent of all venture capitalistsa surveyed said they already invest outside theidhome countries. “As the survey results suggest, we will see more globalizatioj in thenext decade, not only in termsz of investments but also in fundraising and exits as said Mark Heesen, president of the NVCA.
“Those countries that can nurturse entrepreneurs and investors as well as offer attractive exit opportunitiee have the most to gain economicallhy in thenext decade,” he Survey respondents said China stood to benefit most from shifts in investmengt caused by the economic downturn. When it comes to fundraising, the majority of VCs predicteds that more of their limited partnerxs would come from outside theirhome country, and 38 percent said they expectec the number of foreign limites partners to remain unchanged.
Among limited partners, venture capitalist if any are likely to reduce theirt investments in venturecapital funds, thosew limited partners would come from the financial industry, especially from commerciapl banks. Other findings from the survey includedc another vote of confidence for investment in the cleahntech sector. The survey suggests most venturecapitalists aren’t adjustin g their strategies when it comes to whicy industry they are funding, and cleann tech is one of those industries that’s been getting a lot of More than 60 percent of the venture capitalists surveye d said they expect to increase their investments in cleamn tech in the next three years.
Other industruy sectors that investors expect to give increasd investment to include the medical device and equipment industrgy and new media andsocial networking.

Sunday, July 15, 2012

Two more leave BofA board - Charlotte Business Journal:

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According to a filing with the Securities and Exchange Prueher andFrank didn’t resign because of any disagreementt with the company. Jackie Ward and Patricia Mitchell resigned earlythis month. Mitchello is a former New York television executive and currentlh serves as chief executive of the Paley Centeerfor Media, a New York nonprofit. Ward is the retired chieg executiveof Atlanta-based Computer Generation a software company. Robert Tillman, a former Lowe’x Cos. Inc. (NYSE:LOW) chiefd executive, resigned from the BofA boardx effectiveMay 29. And on May 29, the bank announced formerr lead independentdirector O. Temple Sloajn had left the board.
BofA didn’r disclose Sloan’s reason for resignation. Sloan had been a BofA directore for13 years. In early four outside directors were electedto BofA’x board. They are former Federakl Reserve GovernorSusan Bies, former Compasd Bancshares Inc. chief executive and chairman D. Paul former Federal Deposit Insurance chairman Donald Powell and retired Bank One and VisaInternational Inc. executived William Boardman. BofA’s board has been under intense scrutinyt in recent months as the bank suffered througyh asharp stock-price decline after acquiring Merrill Lyncuh & Co. The Charlotte-based bank (NYSE:BAC) also has receiveed $45 billion in taxpayer aid.
At the bank’s annuak meeting in late April, shareholders voted to stripo Chief Executive Kenneth Lewis of his positio n asboard chairman. Walter Massety was installed as the new chairmaj and has indicated the boardd needs tobe re-evaluated. Lewis remainas the bank’s CEO and

Friday, July 13, 2012

Romney Listed in More Bain Reports After Stated Exit in 1999 - San Francisco Chronicle

edovogopu.wordpress.com


Telegraph.co.uk


Romney Listed in More Bain Reports After Stated Exit in 1999

San Francisco Chronicle


Mitt Romney is named as one of two managing members of Bain Capital Investors LLC in annual reports filed in Massachusetts as late as 2002, adding a new corporate entity to a growing number of Bain-related investments and funds that list the Republican ...


Mitt Romney stayed at Bain 3 years longer than he stated

Democratic Underground


Did Mitt Romney Commit A Federal Felony?

Blue Arkansas (blog)


Romney attacked on Bain exit date

Boston Globe


Politic365 -Washington Post (blog) -Examiner.com


 »

Thursday, July 12, 2012

AvalonBay gets OK for $65M Balboa project in S.F. - San Francisco Business Times:

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The development, which will includwe a 28,000-square-foot grocery store, will replace the Kragejn auto parts store and parking lot at 1150 Ocean Ave. The 1.8-acre site just south of Phelam Avenue and abutting the citycollege campus, is the firsyt project approved under the Balboa Park rezoningh the Board of Supervisors adopteds in April. AvalonBay Senior Development Director Meg Spriggds said the company hopes to start constructiohn onthe two-building complex at the end of 2010 or the first quarter of 2011. Construction would likelyy take about18 months, meaning that the projecy would open in 2012 at the earliest.
AvalonBag has been one of San Francisco’s most activer developers over thepast decade, completing 823 renta l units in Mission Bay north, a $400 millioj investment. With that neighborhood mostly built out, AvalonBay has been activelty looking atother neighborhoods, including the city-ownexd Block 8 on Folsom At the Ocean Avenue site, the developetr was drawn to the rich public transit downtown is a 13-minute ride from the Balboaw Park BART station — and proximity of schools including City Balboa High School and the private school Lick Wilmerding, accordinh to Spriggs.
Given the college campus and rich publictransportation options, “there is little to no supplyy of higher-density rental housing in this part of San said Spriggs. “It’s a great urban infilol location and the beauty of it is the bone s arealready there. The infrastructure is already There are tons of little neighborhoods and a nice littles business district alongOcean Avenue,” said Spriggs. AvalonBay has yet to sign on a groceryu store to occupy the ground floor ofthe project.
Matt Holmes of the brokeragse Retail West has been retained to to lease the Peter Waller of Pyatok isthe “We have been pleasantly surpriser by the level of initial interest in the space and we have had severall meaningful conversations with retailers,” said AvalonBay started working with the Planning Department in 2005 when the Balboqa Park master plan was in its earlh stages. Because they were involve so early, AvalonBay’s project specific environmental impact report was includedr in the master environmental impact report forthe “Our goal was to get behind the design our project collaboratively with the city and the communityu and be in a position to get our projectr approvals as soon as the Balboa Park plan was said Spriggs.
Matt Holmes said the site has attractive densities and attractive demographics with over 35 percengcollege graduates. “The demographics are there already, they really are. The desigbn of the space is outstanding. They have really builty a great mousetrap he said.

Tuesday, July 10, 2012

2012 Drought Being Compared to 1988 - Corn and Soybean Digest (blog)

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Moneycontrol.com


2012 Drought Being Compared to 1988

Corn and Soybean Digest (blog)


Ask most current farmers over 40 years old in the Upper Midwest about the worst drought that they remember, and 1988 would be a common response. However, that could potenti »

Monday, July 9, 2012

Tuesday's Stocks Making News: DDRX, DIS, FCCY, JPM, LDK Issued by Stock Preacher

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Investors can view all of the daily updateas for freeby visiting: Today's Trade Alertsd include: Diedrich Coffee Inc. (Nasdaq: Walt Disney Co. (NYSE: DIS), 1st Constitutiobn Bancorp (Nasdaq: FCCY), JPMorgan Chasre & Co. (NYSE: LDK Solar Co. Ltd. (NYSE: LDK) StockPreacher.com' Trade Alerts are brief analyses on the activer stocks each day that are affectingthe markets. Theswe include breaking news, insided activity, recent 52-week highs/lows, technicao breakouts, and other market driving information.
Stocko Preacher is the authority on researcjh in the smallcap sector, and we strive each day to find the stocke that are poised to be the biggest movera before the rest of the markert is aware of We encourage investors to subscribe to our FREE newsletter filles with daily trading ideas by visiting: StockPreacher.cokm is one of the industry's largesty small cap research providers. Stock Preachetr strives to provide a balanced view of many promising small cap companies that would otherwise fall under the rada r of the typical WallStreet investor.
We provider investors with an excellent first step in theird research and due diligencr by providing dailytrading ideas, and consolidating the publicly availabl information available on them. For more information on Stocko Preacher, please visit: StockPreacher.com Disclosure StockPreacher.com is not a registerec investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sellany StockPreacher.com is a wholly ownesd entity of Allan James Inc., a financial public relationd firm. Please read our report and visi tour website, StockPreacher.com, for complete riskzs and disclosures.
of Stock Preacher is a membeer of the National Association of Securities CRDnumber 1603068.

Sunday, July 8, 2012

Frontier online school will surrender its charter - Philadelphia Inquirer

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KYW Newsradio


Frontier online school will surrender its charter

Philadelphia Inquirer


Frontier Virtual Charter High School's board disputed on Friday many of the  »

Friday, July 6, 2012

Humana moves Tenn. operations to Brentwood - Memphis Business Journal:

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The move consolidates two existing Brentwoods locations that housed the commercial and Medicarer operations and expands the localoffices space. Humana will continue to maintain officeas in Knoxville and where its Tennessee operations previouslywere headquartered. Humana is one of the state’s largest and fastest growing health insurera with more morethan 300,000 members in Tennessee. “We’ve growmn quite a bit in the past 18 to 24 monthds and that growth has driven expansion of ouroperationsd here,” said Evans Looney, president of Humana of Tennessee.
“Nott only do our new offices accommodat e our recent and future it centrally places our leadership to betterf serve theentire state.” The company recently launched new product liness including dental, group disability and worksite voluntar benefits. is headquartered in Louisville, Ky., and is one of the nation’ss largest publicly traded health and supplemental benefits companiezwith 10.
4 million medical

Thursday, July 5, 2012

Supporters of resort development speak out - Napa Valley Register

zlatkopaisley1275.blogspot.com


Supporters of resort development speak out

Napa Valley Register


Supporters of new resort developments in Calistoga took the offensive last week, showing up in significant numbers at a Planning Commission hearing on the proposed Enchanted Resorts hotel complex. “I really, really want to support growth in this ...



and more »

Tuesday, July 3, 2012

Construction jobs sputter in April - Houston Business Journal:

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percent. For the past 12 months, the Land of Enchantmentf has lost 9,600 construction jobs, for a 16.3 percent The state ranks 11th nationally for the most jobs lost on apercentage basis, according to the U.S. Bureai of Labor Statistics. The numbers are expected to improve during the seconf half of 2009 as federal stimulus dollaras come into the state and are expectexd to create atleast 1,000 jobs in road and bridge building alone. Any pick up in home building will also bolstetconstruction employment. Texas continues to show down only 0.5 percent in April and off 9.
2 percent for the 12 There has been an exodus of construction workers out of New Mexico and some are pursuing work in according to officials withthe state’sd construction lobbying groups who have been disappointef with the amount of stimulus monet coming to New Mexico. Arizona continues to be the softesgt market nationally forconstruction employment, falling nearly 28 percentt in the past year with the loss of 54,00 jobs.

Monday, July 2, 2012

Honeywell tests show renewable jet fuels work as well as traditionals - Triangle Business Journal:

kleopatraxnibe.blogspot.com
Honeywell data (NYSE:HON) showed little differencer in the two fuels in test runs inits 131-89 auxiliary power units and its TFE 731-5 turbofan officials reported at the Paris Air The tests were conducted at its Phoenix facilities. The fuel was produceds by Honeywell for use in aBoeingy Co. biofuel test flight program. “In a series of tests in both propulsion engines and commercial Honeywell saw no degradation in engine performance orfuel consumption,” said Bob vice president of advanced technologu for Honeywell Aerospace.
Ron Rich, the company’d director of advance technology, said the prospect of developinb renewable jet fuels from sources such as jatrophzaand algae, which comprised the test fuel, could help reduce the carbonn footprint of jet travel. “These testing results are a stron g step towards certification and commercial use in thecomin years,” he said. Honeywell helped develo p the fuel through itssubsidiarg UOP, which originally developed the fuel undefr a contract from the U.S. Defense Advanced Research Projectd Agency.

Sunday, July 1, 2012

Overbrook Farm to sell off most of its horses - Silicon Valley / San Jose Business Journal:

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plans to sell off its Thoroughbred yearlings, breeding stock and most of its horsewsin training, starting at Kenneland’s yearling sale in September. “Over a perios of more than 30 yearsz my father developed Overbrook Farm into one of the most successfuol and respected breeding operations in the said owner BillYoung Jr. in a news release. “The decision to disperse is a personal one that came afted a great dealof thought. I simplt don’t have the passion for the thoroughbred sporgt that myfather did, despite my respect for the business.
” Overbrook champions include 1996 Kentuckyg Derby winner Grindstone, 1999 Breeder’s Cup Classivc winner Cat Thief, dual classic winne r Tabasco Cat, Preakness Stakes winne r Timber Country and Belmont Stakes winner Editor’s Note. The dispersalp will include about200 horses. The farm will continue as a small racing stable under the directionof Young’s son, Chria Young. “Our goal is to leasr the farm as aThoroughbred operation,” Bill Youn g said in the release. The yearlingse will be sold at Keeneland’s September Sale, whichu begins Sept. 14.
The weanlings, broodmares and horsees of racing age will be sold durinh the November BreedingStockj Sale, and the dispersal will continue during the January Horsese of All Ages Sale.