Wednesday, August 29, 2012

Samsung Series 5 Ultra touch - CNET

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LAPTOP Magazine (blog)


Samsung Series 5 Ultra touch

CNET


The landscape of laptops and convertible devices leading up to Microsoft's late-October Windows 8 launch seems to be heading toward several solutions: convertible tablet/laptop devices and computers with touch screens added on. Most are trying both at ...


First Samsung Windows 8 Touch La ptop Is Cheaper Than You'd Expect

Gizmodo


Samsung unveils Series 5 Ultra touch ultrabook

BGR


Samsung Series 5 ULTRA refreshed with touch for Windows 8

SlashGear


Mashable -Gizmodo Australia -LAPTOP Magazine (blog)


 »

Tuesday, August 28, 2012

Opposing view: Enforcement aids Hispanic Americans - USA TODAY

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USA TODAY


Opposing view: Enforcement aids Hispanic Americans

USA TODAY


(Kansas Secretary of State Kris Kobach, who sponsored immigration language for the Republican platform, declined to provide an opposing view.) For more information about reprints & permissions, visit our FAQ's. To report corrections and clarifications, ...



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Sunday, August 26, 2012

Hanna Pylvainen's beautiful 'We Sinners' sings with many voices under one roof - Plain Dealer

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Plain Dealer


Hanna Pylvainen's beautiful 'We Sinners' sings with many voices under one roof

Plain Dealer


Hanna Pylvainen puts a forthright title on her first book, a collection of 11 stories that link into a beautiful, understated novel. "We Sinners" doesn't signal fictional ease or escape, but it is white-glove perfect on her slim, piercing b ook. She ...



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Friday, August 24, 2012

Hot Leads - Tampa Bay Business Journal:

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Lakeland. Third grade teacher Kendra Alexix started to offer body andface painting. Her most populart designs are body art forpregnant women. For more informatiojn log on . in Sarasota establishes a fund designed to assisr clients who cannot afford neurological care fortheirt pets. The company is offering to matchh donations to dollarfor dollar. These fundes will be available for individualsa with limited financial resources who have been denied For more informationcall (941) 929-1818. in Tampw is relocating its divisionn headquarters and new home design centee from Pine Avenue North in Oldsmar to 9426 Camdenb Field Parkwaynear U.S. 301 and Interstate 75 in Riverview.
The move will take placs in August. For more information call 329-7600. opened at Largo For more informationcall (214) 521-8596. moved its thrifty store to the northeast corner of 613726th St. W. on the cornet of Bayshore Gardens Parkway. The store has been rename . For more information call 727-7073. Dr. Pat Snair of Back N' in Dunedib and Jeff Belyea, creative solutionse officer for , launcheds Living@WOW!, a fitness and wellneses seminar. The seminar will begin on May 7 and will run for four consecutivd Wednesdays atBack N' Balance. For more information call 733-6501. Dr. Michael C.
Fleck launchee , the first FDA-compliant sunscreemn designed specifically for dogs and It is the latest in a seriesof Epi-Peyt products, which includes a cleansing agengt shampoo, multi-functional skin enrichment spray and an electrolyte replacement Fleck is in negotiations with distributors to secure additiona retail outlets to carry Epi-Pet products, a release said. in Clearwater provides development and manufacturing services in developing allof Fleck'as skin care products, a release Fleck's veterinary practice and the are located in For more information call (866) in Bradenton launched , a 24-hour service that providexs all the company's Realtors with complimentary legal advice regarding real estate contracts, closing and assistanced with drafting special contractual positions.
For more informationj (941) 751-0670.

Wednesday, August 22, 2012

Failure to raise capital kills formation of Scottsdale Business Bank - Phoenix Business Journal:

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The agency, which oversees state bank formationsand charters, deniedc the community bank’s application to extend the fundraisin period beyond the traditional 12 months. “It took them way too and they didn’t raise nearly enough,” said Tom ADFI division manager for banks andtrusf companies. “Plus, they lost all their management team.” The Phoenixd Business Journal reported in early May that Scottsdals Business Bank had filed an extension with ADFI to raissbetween $10 million and $15 The commercial bank originally was expected to open in the fourt h quarter of 2008 under the leadership of Presidengt Michael Morano, but he left in Apri to become chief credit officer of Townre Bank of Arizona in Mesa.
The May 27 regulatoruy decision underscores the tough environment for de novo bankxs to raiselocal money. Many investora lost big on real estate and the stoclmarket here, while small banks in metro Phoeni x have lost their appeal as a safe investmengt alternative. Two community banks have collapsed in the past year because of theirf exposure to bad real estate and dozens continueto struggle. According to ADFI First Western Trust Bank was thelast state-charteresd bank to open in the Valley, in November 2008. Enterprise Bank Arizona withdrew its application in Decembet after the Federal DepositInsurance Corp.
invoked an informalo moratorium on state charters in the wake of the Wall Streety collapse and global financial crisis. Jack Barry, presidenty and CEO of Arizona EnterpriseCommercial Lending, the lending arm of St. Louis-based Enterprise Financia l Corp., told the Business Journal last monthh the bank is looking for an acquisition as an entrancw into thePhoenix market. Scottsdale Bank also withdrew its applicationmin May. is in line to snap the de novo however. It is not expectedx to follow the same doomed path of Scottsdale Business Bank.
“We did not gather up the namesx of prospective buyers in advance of the time we got permissiohn to sellthe stock,” said Ernier Garfield, who assembled the management teams behinxd both Paradise Valley National Bank and Scottsdale Business Bank. Garfield, a former state treasurer and longtime Republican said PVNB has morethan 1,000 potential investors, as opposer to only a “handful” garnered by Scottsdale Businesz Bank. “Hopefully that will make a difference,” said chairman of Inc. in Scottsdale.
Despite federal policy changesa enacted in October to spur bank the environment for raising capital remains dry inthe

Tuesday, August 21, 2012

Unitil Corporation Set to Join Russell 3000 Index

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June 15 /PRNewswire-FirstCall/ -- Unitil Corporationm (NYSE: UTL) ( ) is set to join the broad-market Russelo 3000 Index when Russell Investments reconstituted its comprehensive setof U.S. and global equith indexes on June 26, according to a preliminar y list of additions posted June 12on . "We are pleaseds that we have been listed to join theRussell 3000," said Robert G. Schoenberger , Unitil'd Chairman and Chief Executive Officer. "Membership in the Russell 3000 and the smalo cap Russell 2000 Index will continue to increase both the visibility and the liquidity inour stock.
" Membership in the Russell 3000, which remains in placr for one year, means Uniti Corporation will be automatically include d in the small-cap Russell 2000 as well as the appropriated growth and value style indexes. Russellp determines membership for its equitg indexes primarilyby objective, market-capitalization rankingds and style attributes. The Russell 3000 also servesa asthe U.S. component to the Russell Globa Index, which Russell launched in 2007. Russell indexes are widelgy used by investment managers and institutional investors for indexx funds and as benchmarksx for both passive and activeinvestment strategies.
An industry-leadinbg $4 trillion in assets currentluy are benchmarkedto them. Total returne data for the Russell 3000 and othe r Russell indexes is availablerat . Unitil is a publicv utility holding company with subsidiariezs providing electric and natural gas distribution servicd in New Hampshireand Massachusetts, natural gas distributionm service in Maine and energyg services throughout the northeast. Unitil serves approximately 170,00 utility customers in three states. Its utilityg affiliates include UnitilEnerghy Systems, Inc., Fitchburg Gas and Electric Light Company, Northern Utilities, Inc. and Granitr State Gas Transmission, Inc. Its other subsidiaries include UnitilService Corp.
and its non-regulated busines s segment doing businessas Usource. Russell Investments provides strategic advice, world-class implementation, state-of-the-art performancw benchmarks and a rangeof institutional-quality investment products. Russell has $136 billion in assets unded management as ofMarch 31, 2009, and serves individual, institutiona l and advisor clients in more than 40 countries. Founded in Russell is a subsidiary of The Northwesternb Mutual LifeInsurance Company. This press releaser contains forward-looking statements, which are subject to the inherent riskz and uncertainties in predicting futurre resultsand conditions.
All statements, othed than statements of historicak fact, are forward-looking statements. Certainm factors that could cause the actual results to diffed materially from those projected inthese forward-looking statements include, but are not limited to the our ability to integrate the business, operations, and personnepl of Northern Utilities and Granite Stat e and to achieve the estimated potential synergu savings attributable to our acquisitiojn of those entities; our ability to retain existing customers and gain new variations in weather; major storms; changes in the regulatory environment; interest rate fluctuatiohn and credit market concerns; customers' preferences on energgy sources; general economic conditions; increased competition; fluctuationx in supply, demand, transmission capacity and prices for energy commodities; and customers' performance undet multi-year energy brokering contracts, all of whicg are difficult to predict, and many of whicbh are beyond the c ontroo of Unitil Corporation.
For more information, visit Unitilp at at 603-773-6612. Corporate Office: 6 Liberty Lane West NH 03842-1720 800-999-6501

Monday, August 20, 2012

Penn State Football: Re-Evaluating O'Brien's Recruiting Priorities - Bleacher Report

oryzacody.wordpress.com


Bleacher Report


Penn State Football: Re-Evaluating O'Brien's Recruiting Priorities

Bleacher Report


To say that a lot has been going on up in State College recently is quite the understatement. After the NCAA levied their "unprecedented" sanctions upon Penn State, not only were current players faced with the decision of jumping ship, but recruits ...



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Saturday, August 18, 2012

Phyllis Thaxter, Actress Who Played Superman's Mother, Dies at 92 - New York Times

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Zap2it.com


Phyllis Thaxter, Actress Who Played Superman's Mother, Dies at 92

New York Times


Phyllis Thaxter, an actress who got her start in Hollywood in a war movie during World War II, overcame polio while pregnant and then carved out a long acting career that led to her final film role, as Superman's mother, died on Tuesday in Longwood, F la.


Superman 'mum' Thaxter dies at 92

Sydney Morning Herald



 »

Friday, August 17, 2012

Twentymile expanding to new location - Craig Daily Press

oryzacody.wordpress.com


Twentymile expanding to new location

Craig Daily Press


But with reserves thinning at Peabody's Twentymile Mine, located near Oak Creek, company officials last year made the decision to begin the expansion process into the Sage Creek reserve. On Tuesday Jerry Nettleton, environmental manager at Twentymile, ...



Wednesday, August 15, 2012

Northrop gets $30M contract for 'space fence' development - Dallas Business Journal:

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The new Space Fence is part ofthe U.S. Departmeny of Defense's effort to continually track and detect objectsd such as space debris and satellites in low and mediujearth orbit. Space Fencew will replace the currenft VHF Air Force Space Surveillance System buil tin 1961. "The new Space Fence system will provide betteer accuracy and faster detection while allowing us to increasr the number of satellites and other space objects that can be detected and tracked, thus avoiding collision and damage to otherf satellites," Rich Davis, director of speciap projects at Northrop Grumman's Advanced Conceptsa and Technology Division, said in a Australia is a candidate for the first Space Fencer location.
Two additional siteas in other parts of the world are also under Los Angeles-based Northrop (NYSE: NOC) is a defense and technology

Tuesday, August 14, 2012

Weekend box office too close to call - The Business Journal of the Greater Triad Area:

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"Ice Age: Dawn of the Dinosaurs" from Fox and Revenge of the Fallen" from Paramountg both projected the same box office gross for theweekendd -- $42,500,000 -- according to , whic tracks box-office revenues. The estimated numbers are from the studiosd and are based on estimates from Friday and Saturday and projections for thereport said. "Transformers" was numberf one at last week's box office, and "Ice is in its first week in Anothernew release, "Publicc Enemies" from Universal came in third, with an estimated Rounding out the top five were Disney's "The and Warner Bros.
' "The Hangover," whichh brought in an estimated $12,779,000 and $10,415,000, "Transformers" also passed Disney/Pixar's "Up" as the top-grossingh movie of the year, as it has brought in an estimatesd $293,459,000, compared to an estimated $264,873,0090 for "Up." "Transformers" also now has the 31st highesr domestic gross all time, according to the site.

Monday, August 13, 2012

Coventry Health Care sells unit for $110M - Business Courier of Cincinnati:

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Avon, Conn.-based (NYSE: MGLN) will acquire in an all-casyh transaction that is expected to close in thethirr quarter, pending regulatory approvals. First Health Servicee provides pharmacy benefits administration and other serviceas forMedicaid programs; a business that Bethesda-based Coventry CVH) said was not a primary focus. Coventry said that the transactionn will result ina one-time loss per share of approximatelhy $0.55 to $0.60. The company said the loss would be almost entirely non-cash, resulting from the original allocationn of goodwill from Coventry’s acquisition of in 2005.
Coventry plans to use the proceeds of the transaction for a combinatiob of debt reduction and share repurchases that should neutralizre the earnings per share impact of the deal for the remainderof 2009. In its latestg quarter, Coventry reported a 65 percent drop in earningto $44.2 million, or 30 centse per diluted share, due to higher sales and administrative and medical costs that swelled 31 percent.

Saturday, August 11, 2012

FutureGen moves forward with Department of Energy support - Kansas City Business Journal:

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billion coal-fueled, near-zero emissions experimental powefr plantin Mattoon, Ill., is moving forwarde with the preliminary backing of the and the allocation of $1 billioh in stimulus money. , comprised 11 memberd companies, including , and President Barack Obama’ds Energy Secretary, Steven Chu, have signed an agreemenrt to restart plans for preliminaruydesign activities, final cost estimate analysis and fundinfg for the plant, whicuh stalled under the Bush Then the energy department will make a finakl decision around the first of next year on whethere to start construction of the projectg in Mattoon, about 150 miles northeast of St. Louis.
The DOE is expectedf to pay for the six monthsa of studies but a cost estimate for thestudies wasn’tg available. “We’re back in business,” Sen. Dick D-Ill., told reporters on a conference “A year and a half ago, this projec was finished under theold administration.” Durbibn to include $1 billion in the federal stimuluds package that could help pay for the plant. He said he also securec another $100 million in appropriations The rest ofthe project’s pricew tag will come from private funding from the alliance’s membef companies. The total of 11 members is smaller than the 13 that had supporter the plantbut St.
Louis-based Peabody is still The $2.4 billion cost estimate Durbin used Fridauy is Itincludes $1.7 billiobn to $1.9 billion in construction costs and $500 to $700 millionj in operating costs. FutureGen wouldd create an

Friday, August 10, 2012

Evans Group designs Heathrow town homes - Orlando Business Journal:

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Grande Oaks is a 27-acre, traditional-style town home communitgy with314 units. Three floor plans have been ranging in sizefrom 2,280 square feet to 2,447 square feet. Features include Jacuzzi soakere tubs, granite countertops and brick-paver driveways. Construction on the $120 millio project is set to beginmin August, with a completion date of summer 2009. Winter Park-basefd completed plans for a new Public Safety Complex in Frankfort, Ky. The facilityy will house the police department, fire department an emergency operations center and 911 Construction will beginthis summer. The interior and retail departmentws at The Scott Partnership Architecture andInteriord Inc.
will renovate and expand the at Festiva l Bayin Orlando. The store is getting a new entrancre and addinganother 4,500 square feet to its current 16,3954 square feet. The work is expecteds to be finishedby November. was chosen to provide civil engineering design services for the and Residenced on Anguilla in the British West When complete, the $236 million, 36-acre, mixed-use resorg will have a 98-room luxurh hotel, 28 condos, six town homees and 35 single-family beachfront villas. Harris Civil Engineers is in Wintee Park.
Engineered Homes awardecd Miller Legg two contracts for civilengineerinf design, permitting and construction administration servicezs on two of its future communities in Centralo Florida. Magnolia Landing is a 148-acre traditionak neighborhood development that includes 500 units in Haines The Landings at Lake Harris isa 1,000-unift residential project on 350 acres in

Thursday, August 9, 2012

Coach scores off the field with home sale - Tampa Bay Business Journal:

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Last year’s tax bill on the 8,300-square-foo t lakefront house was $28,370. Lance Raab, a compute r guru, and his wife, Judith, bought the house in late roughly 16 months afterf the Grudens moved to a larger housein Avila. Jon and Cindy Grudejn had paid $1.53 million for the in 2002. Last May, they paid $3.3 milliob for their 11,900-square-foot Avilaa home. Lance Raab, who recently founded LLC, sold to in 2006 for an undisclosed — Janet Leiser If I were a rich(er) man: SimDag-RoBEL LLC may have got off a littlre easy when it came time to pay up on a licensinh agreement with Donald Trump despite nevef building the tower that was to bearhis name.
The developerf of the doomed Trump Tower Tampaa was suedfor $1 million in owed fees, but both sidese settled the case 29. While it’s likely Trump receiverd a nice chunk of changefrom SimDag, he wantd even more from a developer who wrote up a similatr licensing agreement for a 70-story luxury condominiumk tower in Tel Aviv, Israel. Crescent Heights Diamond was supposed to pay Trump a licensin fee plus give him a cut of thecondlo sales. Instead, the developer flipped the land a year later for nearl y double whatit paid. Trump may have wantexd just a cool million from but the price to not usethe man’d name has risen significantly.
Trump is demandinbg $45 million from Crescent, and he wanta his money now. But it’l l be up to a judge to see if he gets asingle penny. — Michael Hinman Reaching out to calm Joy Gendusa, CEO of Postcard Mania, has takenn customers and prospective customers under her wing and shares lettersa from her personal financial adviser to “calm” them all 78,000 in her database. She has decides to wage battleagainst “the fearas being created by the media” involving the country’w financial crisis by imparting soothing and useful economixc education in the past several weeks throug letters from her financial adviser, P.
Christophe Music, president of in Clearwater. His latest lettetr outlines what he describes as threew critical mistakes people make in economif crises andshould avoid: Making short-term changees to a long-term plan, failing to understandf the difference between volatility and loss, and failint to prosper during economic Music’s first letter sent to Postcardx Mania’s customers a week ago dealt with the definitiohn of recession and ways to survive. “We got such a good responser fromthe first, we decidef to send another letter,” said Karla Jo Helms, VP of publicx relations.
Gendusa, the founder of the $20 full-service direct mail company in is not done counselingher customers. She intenda to continue imparting usefulp business and economic information to those inPostcard Mania’s database, which includes 31,000 small-business “to encourage them to stay positive and expand theif businesses despite the barriers.” — Jane Meinhardt Here’ss the hook: Burn treatment organizations in the Tampwa Bay area are in line for a financiak boost, courtesy of local beer drinkers and The Tampa distributor has pickeds up a new brand, Hook & Ladder, from the , an independenr brewer in Silver Md.
It’s the first time the beer is being sold in Hook & Ladder supports firefighters by donating a portion of the proceeds from its draft product, as well as its bottlex or cans, to burn treatment groupsw in the community where the beer is The company is talking with a few Bay area organizations to determinse where it will donate local said spokesman Dan Lyons.

Tuesday, August 7, 2012

Hospital profits rise 17 percent - South Florida Business Journal:

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The region’s hospitals earned $361 million on $9.75 billion in net operating revenue in according to a Business Journal review of financial summaries submitted to the Florida Agency for Health Care In 2006, they earned $309 million on $9.122 billion in net operating revenue. The overalol profit margin increasedfrom 3.4 percent to 3.7 The only hospital not included in the analysis for either year was Wellington Regional Medicao Center, which did not meet AHCA’s filingb date. A Wellington Regional spokeswoman saidthe hospital’s filing woulcd be ready in a few That operating margin is stillk on the weak side, compared to most nationa l hospitals, said Steven G.
Ullmann, an economist who servez as director of programs in health sectorf management and policy forthe . Southn Florida hospitals are limited by the strongh negotiating power of managed careplans here. Ullmann said a rougu economy and tight stats and federal budget will make the next coupl e of years tough on but they will remain a force in thelaborr market. Even as the ranks of the unemployedx in SouthFlorida swell, health care is a boomint labor market.
Florida hospitals added 9,200 new workers during the 12 monthe endedJune 30, according to state “There is a school of thought that says health care is A bad economy doesn’t prevent people from getting said Linda Quick, president of the and Healthcare “The same goes for health care Because of the aging of the baby boomer population, the need for them won’tf decrease anytime soon.” But, the floundering economy was evideng on the hospitals’ books. Southg Florida hospitals wroteoff $1.56 billiom in bad debt in 2007, up 7.6 percentr from the year before, and delivereed $1.99 billion in charity/uncompensated care, an increase of 10.
6 Higher unemployment and corporate cutbacks often mean fewerf people have health A rise in foreclosures and delinquent loanse often means people aren’t paying medical either. Ullmann said peopl e are saving on health care insurance premiums by switchintgto high-deductible, consumer-driven health plans. Hospitals have had trouble collecting thesde paymentsfrom consumers. The three hospitals in Miami-Dade County’s once again provided the most aid, with $850.8 million in charity care. They made a $26. 9 million profit from hospital operations due to localptax revenue. The entire Jackson organizatio nlost $34 million for the fiscalo year ended Sept. 30.
But most hospital s had improved resultsin 2007. made $4.6 million in its 12 Southg Florida hospitalsin 2007, following two years of losses where it sold off several facilities. This Tenet sold – a loser of $15.4 millionh with South Florida’s lowest bed occupancy rate in2007 – to , whicj promptly closed it. Holy Cross swung from a loss in 2006 to a profitgin 2007, as did , , , , St. and . Othetr operators built on their Baptist Health South Florid a increased income at its four hospitalain Miami-Dade County to $60 million, abour 37 percent higher than 2006. It had the region’s most profitablse single hospital, its flagship , with a $54.
1 million Yet, the nonprofit also took the region’xs biggest loss with its , where it burned througbh $30.8 million, despite having more patients per bed than any other hospital inSouth Florida. Baptist President and CEO Briajn Keeley said his organization has a Robinn Hood mentality when it comes todistributinf care. His board knew that spending $135 milliob to build the new HomesteadHospital (which opened last would deepen losses, but that coulf be made it up at the profitable The financial performance improveds at Baptist due to insurance savings.
It lowered its self-insured reserves for medicap malpractice coverage based on its improvedrisk performance, Keeley It also switched to self-insurancw for windstorm coverage. Baptist also benefited from higherf patient volumesin 2007, but that has reversedc course this year. Keeley said admissions are down 1 percent to 2 Baptist is losing mostlu electiveand non-essential procedures, which are safer and usually have payinyg patients., he said. All signs pointf to trouble for hospitals in 2008 and saidFrank Sacco, CEO of .
Floridsa cut its Medicaid reimbursement this and it could fall even fatheer withthe state’s sagging Property tax revenue is down at public systems such as with Sacco expecting a $6 million hit. “It’s a tough economu and, if people can’t make mortgager payments, that’s taking priority over health care bills,” he “For the next two to three years, we’lll be in rough water.” Memorial has delayes some of its capitalo projects until the economy improves and it’s not indefinitely delayed plans for a replacement hospital afte r experiencing losses.

Monday, August 6, 2012

JLO Rep: Break-up Rumors are 'False,' Photos Surface of a Happy JLO & Casper - Fox News

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New York Daily News


JLO Rep: Break-up Rumors are 'False,' Photos Surface of a Happy JLO & Casper

Fox News


Despite the ongoing rumors that Jennifer Lopez and Casper Smart are  »

Saturday, August 4, 2012

Manpower: 6% of Honolulu employers to hire in 3Q - Philadelphia Business Journal:

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From July to September, 6 percenf of the companies interviewed in the Honolul u metro area plan to hiremore employees, while 11 percengt expect to reduce their payrolls, according to the survey from Milwaukee-based MAN). Seventy-eight percent expect to maintainh their current staff levels and 5 percent remainj uncertain abouthiring plans. Hiring is expected to be a littles lighter than in theseconcd quarter, when 10 percent of companies surveyed planned to hire and 12 percentg expected to cut payrolls, said Manpower spokeswoma n Mary Lou Callahan. For the coming job prospects in the Honolulu area appeatr best in wholesale and retail trade and leisureand hospitality.
Employersa in durable goods manufacturing, nondurable goods manufacturing, professional and business services, educatioj and health services and government intend to cut Hiringin construction, transportation and utilities, financial activitiess and other services is expected to remain National survey results showed littl e change from the second quarter. Of the more than 28,0000 employers surveyed acrossthe country, 15 percenty expect to increase their stafdf levels during the third while 13 percent expect to reduce their Sixty-seven percent expect no change in hiringh and 5 percent are undecided about their third-quartefr hiring plans.
“The data shows continuefd hesitancyamong employers,” said Jonas Prising, president of the Americas for “They are treading slowly and watchingh with guarded optimism, hoping a few quarters of stability will be the precursor to the recovery.”

Friday, August 3, 2012

Simon Property to manage the Galleria - Dallas Business Journal:

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Indianapolis-based Simon Property Group (NYSE: SPG) said it will take over management duties fromon Aug. 1. The real estated investment trust, which owns and develops retail real said Wednesday it will be assumingall leasing, management and marketing duties for the Galleria Dallas. "We are pleaser to take on the property management functionsw ofthese high-quality assets at the requestt of the institutional owner," said Rick Sokolov, Simon'x president and chief operating officer.
The Dallas Business Journal announcexd earlier in the year that Simo n Property Group had raised upto $1 billionh in a secondary stock offering to purchase At the time, there was speculation that Simon Property, whichn owns or has a stake in nearly 400 malls, may be a potentiak bidder to manage the Galleria Dallas with the mall’ws previous manager General Growth Propertiezs filing for bankruptcy earlier this year.
Simon Propertt Group is already involved in shoppinhg centers such asGrapevine Mills, Allenn Premium Outlets, Irving Mall and Firewheel Town Center in

Thursday, August 2, 2012

Davies is well schooled in efficient banking - Kansas City Business Journal:

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Beaver, now CEO of in Overland Park, needede a banker about 15 years ago. His plan to buy the petroleuj marketertantalized Davies, CEO of Overland Park-basex since 2004. Hillcrest, whose $1.6 billion in midyear asset s made itthe fourth-largest bank basexd in metropolitan Kansas City, still finances No. 12 on the Kansae City Business Journal's list of the Top 150 Area Private Alongthe way, Daviez also has become an adviser to Beaver -- "noyt only a believer in he said, "but also a taskmaster." Davieas comes by these traits honestly. They've stood him in good steard for the better part offour decades, since he begam teaching high school in Olathe at age 21.
Amonb his students were Beaver's wife, Nancy, and Dan now a managing partnerof , one of Kansad City's hottest retail Long-standing ties help Davies establish "instantaneouxs trust," Beaver said. So it was that some 30 years removedfrom Davies' class, callesd on Hillcrest to finance SummitWoods Crossing, a RED shopping centetr in Lee's Summit that opened in 2002. Time was of the Lowe needed an answer within24 hours. Hillcresft said yes, Lowe said, "to pull off what most lenderss wouldlaugh at." But memories of homerooms and typing classes, in whicy Davies taught Lowe, only begi n to suggest Davies' subsequent accomplishments.
Jerry White, a Hillcresr board member, said Davies' teaching background explains why he's so adepf at empowerment. "You can't have people learn," Whitew said, "unless they're doing." Davies said Hillcrest's succeszs rests on the talenthe "I do not promote managers that rule with an iron fist and wastse people's time in meetings all day long and don'y allow them to create and develop," he said. "When people come to work everyy morning, they know there's a certain amount of the day that'ds theirs. It's theirs to make a That syllabus persuaded Gail Redmond to enroll at Hillcrestf inMay 2006.
Redmond, the bank's senior vice president of business development, was anything but a careeer banker. But she remembered Davies from when she ran the Olathes Chamberof Commerce's economic development shop a decadw ago. So when he suggested she join she listened. "If a headhunter would have called me andsaid there'e a bank position," she explained, "I would have probablty said: 'Next. I don't do I do technology.'" Davies "painted a very compelling picture," Redmoncd said.
She was particularly entranced byhis "willingness to listenb to creative ideas that are completely out of the box and may not be "You can put together an 'A' team, but 'A' teame take a certain level of management, and it's not heavy-handed," she "because an 'A' player won't work for a heavy-handec boss. You have to be able to Davies, a Topeka native, started in banking afte r his first year ofteaching accounting, typing and shorthand. To supplement his teachingv salary, he worked part time at First .