yfimuna.wordpress.com
Western Refining also granted the underwriterza 30-day option to purchase up to 3,000,000 additional shares of common stock on the same terms and conditions. Western Refining also announcex today that it increased its previously announced concurrentt offering of convertible senior notes due 2014to $200 millionn in aggregate principal amount. Western Refining also grantesd the underwriters an option to purchase anadditional $30 million in aggregate principal amounr of convertible senior notes on the same terms and The convertible senior notes will pay interesg semi-annually at a rate of 5.75% per year and will mature on June 15, 2014 unleszs earlier repurchased or converted.
The initial conversion rate for the convertible seniorr notes willbe 92.5926 shares of commomn stock per $1,000 principal amoungt of convertible senior notes. This is equivalent to an initial conversion price ofapproximatelyu $10.80 per share of common stock, which represents approximately a 20% premium to the publifc offering price of the common Western Refining intends to use the net proceedd from each offering to repauy indebtedness under its term loan credit Merrill Lynch & Co. and Sachs & Co. are acting as jointg book-running managers for each A preliminary prospectus supplement and accompanying base prospectus relating to each offering have been filed withthe U.S.
Securities and Exchanger Commission and are available onits . This press release does not constitutew an offer to sell or a solicitation of an offef to buyany securities. A registratiobn statement relating to the securitiesz has been filed andis effective. Each offerinbg will be made only by means of a prospectuse supplement and accompanyingbase prospectus, copies of which may be obtainec from Merrill Lynch & Co., 4 Worlds Financial Center, New York, NY 10080, Attention: Prospectus Departmen or Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, NY telephone: (866) 471-2526, fax: 212-902-9316, email: . Western Inc.
is an independent refining and marketinh company headquartered inEl Paso, Texas. Investor and Analyst Mark Cox, 915-534-1400 or Media Contact: Gary Hanson, 915-534-140 SOURCE Western Refining, Inc.
Wednesday, November 30, 2011
Monday, November 28, 2011
Planned in Boston: The view from off the beaten path - Boston Business Journal:
ovaluleq.wordpress.com
"This city has so many different, fantastic selling Don't always go for the old said Edward Naughton, a partnerf with Boston law firm LLP. "There's always a call to go see a Sox but it's always good to try new things. I'ves taken clients to restaurants in theSouth End, and it'se a completely different feel from the Financial Even so, the Red Sox and Fenway Park are alwayas in demand, said Naughton, who says he occasionally playe host to clients in town for meetingz or court cases. Holland & Knightr has access to a sky boxat Fenway, which almost always proves popular. " 'Canh we get tickets to a Sox game?
' And we sometimesz manage to," he said. "It'zs a very common request." , a Westford-basec media-integration firm that serves the high-ens residential market, also suggests a Red Sox game if he happene to beentertaining out-of-town clients. "Fenway Park has a certainb mystiqueto it," he "People want to go there." Occasionally, Naughton Holland & Knight plays host to larger groups -- newly arrived summer associates, for example -- in which case the firm sponsors a duck tour or tripsa to such cultural institutions as the or the , or to concerta at the FleetBoston Pavilion in the Seaport Guests of the law firm also enjoy the view of the Back Bay and Southb End rooftops from Holland & Knight'a two roof decks on St.
James Avenue, he Todd Ryan, vice president of talent acquisitionfor Burlington-basedr , also stresses the value of exploration -- even when it comesa to something as seemingly simple as finding a plac e to eat. "When people think of the Nortyh End, they think of fabulous restaurants. But really ther are so many other restaurants that mighg not be household names and might not be onHanovee Street," he said. "It's always nice to explore the North End off ofHanovere Street." Ryan says he entertains a good deal in the courser of his work, whether it means hosting existin clients or prospective corporate customers lookin to outsource some of their humanb resources duties.
"It's nice to have access to a city that has somethinbgfor everyone," he said. Ryan said he sometimesa will putan out-of-town client on Boston's Freedom Trailo for a general overview of the city's Afterward, they'll double back and visiyt a site off the trail that might have piqued the client'xs interest. Like Naughton, Ryan said Boston Duck Tours is a good way to show off the from the waterfrontto downtown. Dinint is, of course, as much a staple of corporate entertainmen as theexpense account.
Ryan said he likes to take clientsa toAbe & Louie's on Boylstonm Street in the Back Bay, which he says has a affordable wine list and is convenient to shopss and attractions in the and on Newbury Street. The steakhouse's entrees are in the $35 Ryan also likes to take clients to Aquitaind on Tremont Street in theSouth End, whichn features dinner entrees ranging from $17 to $28. "It'xs quaint and conducive to but not too quaint and too small that itfeelw claustrophobic," he said. "Anrd it's a nice walk from the Back Bay -- you pass througj a beautiful residential neighborhoodand you're in a restaurantt mecca.
" Naughton said he likesz to take clients to the Stanhope Gril l in the on Stuart Street, which he says is convenientt to Holland & Knight's Entrees at Stanhope Grill range in price from $19 to $36. "It'zs very elegant and not too stuffy," he said. DeFilippo said a favoritew restaurant of his is The Federalisft in15 . "The menu is It's conservative and understated, and people find it'es conducive to conducting business," he said. The Federalist'x dinner entrees range from $26 to $45.
"This city has so many different, fantastic selling Don't always go for the old said Edward Naughton, a partnerf with Boston law firm LLP. "There's always a call to go see a Sox but it's always good to try new things. I'ves taken clients to restaurants in theSouth End, and it'se a completely different feel from the Financial Even so, the Red Sox and Fenway Park are alwayas in demand, said Naughton, who says he occasionally playe host to clients in town for meetingz or court cases. Holland & Knightr has access to a sky boxat Fenway, which almost always proves popular. " 'Canh we get tickets to a Sox game?
' And we sometimesz manage to," he said. "It'zs a very common request." , a Westford-basec media-integration firm that serves the high-ens residential market, also suggests a Red Sox game if he happene to beentertaining out-of-town clients. "Fenway Park has a certainb mystiqueto it," he "People want to go there." Occasionally, Naughton Holland & Knight plays host to larger groups -- newly arrived summer associates, for example -- in which case the firm sponsors a duck tour or tripsa to such cultural institutions as the or the , or to concerta at the FleetBoston Pavilion in the Seaport Guests of the law firm also enjoy the view of the Back Bay and Southb End rooftops from Holland & Knight'a two roof decks on St.
James Avenue, he Todd Ryan, vice president of talent acquisitionfor Burlington-basedr , also stresses the value of exploration -- even when it comesa to something as seemingly simple as finding a plac e to eat. "When people think of the Nortyh End, they think of fabulous restaurants. But really ther are so many other restaurants that mighg not be household names and might not be onHanovee Street," he said. "It's always nice to explore the North End off ofHanovere Street." Ryan says he entertains a good deal in the courser of his work, whether it means hosting existin clients or prospective corporate customers lookin to outsource some of their humanb resources duties.
"It's nice to have access to a city that has somethinbgfor everyone," he said. Ryan said he sometimesa will putan out-of-town client on Boston's Freedom Trailo for a general overview of the city's Afterward, they'll double back and visiyt a site off the trail that might have piqued the client'xs interest. Like Naughton, Ryan said Boston Duck Tours is a good way to show off the from the waterfrontto downtown. Dinint is, of course, as much a staple of corporate entertainmen as theexpense account.
Ryan said he likes to take clientsa toAbe & Louie's on Boylstonm Street in the Back Bay, which he says has a affordable wine list and is convenient to shopss and attractions in the and on Newbury Street. The steakhouse's entrees are in the $35 Ryan also likes to take clients to Aquitaind on Tremont Street in theSouth End, whichn features dinner entrees ranging from $17 to $28. "It'xs quaint and conducive to but not too quaint and too small that itfeelw claustrophobic," he said. "Anrd it's a nice walk from the Back Bay -- you pass througj a beautiful residential neighborhoodand you're in a restaurantt mecca.
" Naughton said he likesz to take clients to the Stanhope Gril l in the on Stuart Street, which he says is convenientt to Holland & Knight's Entrees at Stanhope Grill range in price from $19 to $36. "It'zs very elegant and not too stuffy," he said. DeFilippo said a favoritew restaurant of his is The Federalisft in15 . "The menu is It's conservative and understated, and people find it'es conducive to conducting business," he said. The Federalist'x dinner entrees range from $26 to $45.
Saturday, November 26, 2011
Flex schedules top employees
pifogyxat.blogspot.com
"Employees appreciate flexibility in their jobs becauses it gives them greater control and enablee them to handle other commitments without sacrificinv theirwork performance," OfficeTeam Executivde Director Robert Hosking said. He suggested that businesses stagger workers' schedules to maximize the total number of hours that employeeas are available to help customers. Even if companies aren't able to implemeng flexible schedules, allowing employees to occasionallyh leave early on Fridays can have a positive effect on accordingto Hosking. "Many workers schedule weekend tripd during the summer and appreciate a head startr ontheir travels," he said.
The surve y was based on telephone interviewzs with457 full- or part-timed office workers ages 18 or older.
"Employees appreciate flexibility in their jobs becauses it gives them greater control and enablee them to handle other commitments without sacrificinv theirwork performance," OfficeTeam Executivde Director Robert Hosking said. He suggested that businesses stagger workers' schedules to maximize the total number of hours that employeeas are available to help customers. Even if companies aren't able to implemeng flexible schedules, allowing employees to occasionallyh leave early on Fridays can have a positive effect on accordingto Hosking. "Many workers schedule weekend tripd during the summer and appreciate a head startr ontheir travels," he said.
The surve y was based on telephone interviewzs with457 full- or part-timed office workers ages 18 or older.
Thursday, November 24, 2011
Lumiere stops recognizing warring union, affecting 750 workers - St. Louis Business Journal:
polinaagyvtiwu.blogspot.com
Lawyers representing managementat -owned Lumieree sent letters Thursday to representatives of Local 74 and its spinoff, , announcingb a withdrawal of recognition of Locao 74. “The union has evinced a lack of continuityof representation, altering the identity of the bargainintg representative and establishing a fundamental change in the bargainingt representatives,” DLA Piper lawyers representing Lumiere wrot to Dave Morton of Unitee HERE Local 74 and Noel Beasley of Workersd United.
Lumiere started receiving competingf claims about which union was representing its kitchenj andhousekeeping workers, creating confusion about the officia union representation, said Todd George, general manager and vice president at Lumiere. “Our hope was that the unions would be able to work this out amongst he said. “We’re trying to stay out of the middls of thesecompeting unions.” He said Lumiere notifieed workers Thursday of the company’s decision to not recognized the union.
As a result, Local 74 filed unfair labor practice charges with the Nationalp LaborRelations Board, said Morton, the organiziny director for Local 74, who calles Pinnacle's actions "unlawful" and "ludicrous." “Thia has been nothing more than an attemptr by (Pinnacle Chairman and CEO) Dan Lee and the headsz of Pinnacle Entertainment to be anti-union,” he said. Mortobn said the union would consider picketinybut hasn't made any decisions yet. When asked abouty the possibility of a strike orothed action, George said: “We would hope that would not be the especially in this type of economy.
That’zs not the way we would like to If there isa strike, Lumiere has a righf to replace any workers who walk off the job, accordingb to Mack Bradley, a Lumiere spokesman. Unite HERE was formed in 2004 when a garmentworkers union, and Hotel Employeew and Restaurant Employees Union joined But the marriage wasn’t a happuy one, with garment workers claiminbg that the new leadershi p didn’t care about their needs, leading to a lot of disgruntle workers nationwide.
So in March, some workers defecter to createWorkers United, which has been competing with Unite HERE to represeny workers nationwide ever Local 74 voted in March to leavd Unite HERE to become a part of Worker United, Morton said. Workers United is now affiliatec withlabor giant, . Pinnacle Entertainmentt Inc. (NYSE: PNK) is based in Las Vegas.
Lawyers representing managementat -owned Lumieree sent letters Thursday to representatives of Local 74 and its spinoff, , announcingb a withdrawal of recognition of Locao 74. “The union has evinced a lack of continuityof representation, altering the identity of the bargainintg representative and establishing a fundamental change in the bargainingt representatives,” DLA Piper lawyers representing Lumiere wrot to Dave Morton of Unitee HERE Local 74 and Noel Beasley of Workersd United.
Lumiere started receiving competingf claims about which union was representing its kitchenj andhousekeeping workers, creating confusion about the officia union representation, said Todd George, general manager and vice president at Lumiere. “Our hope was that the unions would be able to work this out amongst he said. “We’re trying to stay out of the middls of thesecompeting unions.” He said Lumiere notifieed workers Thursday of the company’s decision to not recognized the union.
As a result, Local 74 filed unfair labor practice charges with the Nationalp LaborRelations Board, said Morton, the organiziny director for Local 74, who calles Pinnacle's actions "unlawful" and "ludicrous." “Thia has been nothing more than an attemptr by (Pinnacle Chairman and CEO) Dan Lee and the headsz of Pinnacle Entertainment to be anti-union,” he said. Mortobn said the union would consider picketinybut hasn't made any decisions yet. When asked abouty the possibility of a strike orothed action, George said: “We would hope that would not be the especially in this type of economy.
That’zs not the way we would like to If there isa strike, Lumiere has a righf to replace any workers who walk off the job, accordingb to Mack Bradley, a Lumiere spokesman. Unite HERE was formed in 2004 when a garmentworkers union, and Hotel Employeew and Restaurant Employees Union joined But the marriage wasn’t a happuy one, with garment workers claiminbg that the new leadershi p didn’t care about their needs, leading to a lot of disgruntle workers nationwide.
So in March, some workers defecter to createWorkers United, which has been competing with Unite HERE to represeny workers nationwide ever Local 74 voted in March to leavd Unite HERE to become a part of Worker United, Morton said. Workers United is now affiliatec withlabor giant, . Pinnacle Entertainmentt Inc. (NYSE: PNK) is based in Las Vegas.
Tuesday, November 22, 2011
Immucor responds to FDA - Triangle Business Journal:
wanuso.wordpress.com
The Norcross-based company, which makes and suppliesa blood-reagent systems to the blood transfusion industry, said Mondauy it turned in a formal 10 workinb day response tothe . The statemenr reiterates Immucor’s commitment make corrections to addressthe FDA'ds noted deficiencies, Immucor said. The FDA, in an administrativ action based on an earlyJanuary inspection, to revoker Immucor’s biologics license with respect to its Reageng Red Blood Cells and Anti-E Blood Grouping Reagent the company said in a statement.
The FDA has not ordere the recall of any ofthe company's Immucor (NASDAQ: BLUD) said in June it spent more than $2 millionn during fiscal 2009 on improving quality system and it expects to spend up to $4.5 million in fiscap 2010. The company today said it startee a Product Surveillance and Improvement Departmenyt to support its quality system The new department will monitorquality issues, whether identifiede through internal or externak sources, and enact appropriate corrective actions. The company will provide its detailesd remediation plan and timelines in its 30 workingh day response to the FDA no lateethan Aug. 11.
"We take our regulatory responsibilitiewsvery seriously,” said Gioacchino De Chirico, Immucor president and CEO, in a “We began our Quality Process Improvement Project in early 2009 to bring our quality system up to world-claszs standards. We remain committed to completing this project as quicklyuas possible."
The Norcross-based company, which makes and suppliesa blood-reagent systems to the blood transfusion industry, said Mondauy it turned in a formal 10 workinb day response tothe . The statemenr reiterates Immucor’s commitment make corrections to addressthe FDA'ds noted deficiencies, Immucor said. The FDA, in an administrativ action based on an earlyJanuary inspection, to revoker Immucor’s biologics license with respect to its Reageng Red Blood Cells and Anti-E Blood Grouping Reagent the company said in a statement.
The FDA has not ordere the recall of any ofthe company's Immucor (NASDAQ: BLUD) said in June it spent more than $2 millionn during fiscal 2009 on improving quality system and it expects to spend up to $4.5 million in fiscap 2010. The company today said it startee a Product Surveillance and Improvement Departmenyt to support its quality system The new department will monitorquality issues, whether identifiede through internal or externak sources, and enact appropriate corrective actions. The company will provide its detailesd remediation plan and timelines in its 30 workingh day response to the FDA no lateethan Aug. 11.
"We take our regulatory responsibilitiewsvery seriously,” said Gioacchino De Chirico, Immucor president and CEO, in a “We began our Quality Process Improvement Project in early 2009 to bring our quality system up to world-claszs standards. We remain committed to completing this project as quicklyuas possible."
Saturday, November 19, 2011
Cardinals gain as Suns, Coyotes, D-backs slide in rankings - Phoenix Business Journal:
burdukovahycel.blogspot.com
The Cardinals ranked 33rd on this year’ s list of U.S. sports franchisee from ESPN The Magazine. The Carde ranked 84th in the same surveytin 2008, their 2009 Super Bowl run and fans approva of head coach Ken Whisenhung boosting their standing. The list is basex on a survey of 50,000 fans nationwidd and their impressions of pro sportsteams ownership, players, affordability, stadium experience and performance. The who are in last place in the Nationa League West this seasonn pretty much out of thepennanty race, still rank highest among Phoenix sports teams but droppeds from 10th place last year to 30th this according to ESPN.
The D-backx ranked second in the fan survey in termsz of pricing of ticketdsand concessions. The team has been promotinv discountfood items, souvenirs and economical ticket plans. the Cards and D-backs rankerd better than the Chicago NewYork Yankees, Dallas Cowboysz and Los Angeles Lakers on the The Los Angeles Angels — owned by Phoenix businessmanm Artie Moreno — came in first whil e the NBA’s Los Angeles Clipperzs were last among the 122 major pro sportx franchises in the U.S., according to The Phoenix Suns went from 26th place last year to 86th on this year’e survey.
Suns owner Robert Sarver and General Managefr Steve Kerr were criticized forthe team’s absencwe in the NBA playoffs this seaso and trading center Shaquille O’Neal to Cleveland for financialo benefits. The Phoenix Coyotes hockey team dropped 50 spots from 2008 to 2009 cominbg inat No. 88. The Coyotes are in Chapter 11 bankruptcy reorganization and ranked dead last in the ESPN surveyfor fans’ view of team Coyotes owner Jerry Moyes wants to sell the team to Canadiam billionaire Jim Balsillie who plans a move to The National Hockey League and city of Glendale, wher e the Coyotes play, want the team sold to Chicago Bulls and Whitew Sox owner Jerry Reinsdorf, who said he would keep it in
The Cardinals ranked 33rd on this year’ s list of U.S. sports franchisee from ESPN The Magazine. The Carde ranked 84th in the same surveytin 2008, their 2009 Super Bowl run and fans approva of head coach Ken Whisenhung boosting their standing. The list is basex on a survey of 50,000 fans nationwidd and their impressions of pro sportsteams ownership, players, affordability, stadium experience and performance. The who are in last place in the Nationa League West this seasonn pretty much out of thepennanty race, still rank highest among Phoenix sports teams but droppeds from 10th place last year to 30th this according to ESPN.
The D-backx ranked second in the fan survey in termsz of pricing of ticketdsand concessions. The team has been promotinv discountfood items, souvenirs and economical ticket plans. the Cards and D-backs rankerd better than the Chicago NewYork Yankees, Dallas Cowboysz and Los Angeles Lakers on the The Los Angeles Angels — owned by Phoenix businessmanm Artie Moreno — came in first whil e the NBA’s Los Angeles Clipperzs were last among the 122 major pro sportx franchises in the U.S., according to The Phoenix Suns went from 26th place last year to 86th on this year’e survey.
Suns owner Robert Sarver and General Managefr Steve Kerr were criticized forthe team’s absencwe in the NBA playoffs this seaso and trading center Shaquille O’Neal to Cleveland for financialo benefits. The Phoenix Coyotes hockey team dropped 50 spots from 2008 to 2009 cominbg inat No. 88. The Coyotes are in Chapter 11 bankruptcy reorganization and ranked dead last in the ESPN surveyfor fans’ view of team Coyotes owner Jerry Moyes wants to sell the team to Canadiam billionaire Jim Balsillie who plans a move to The National Hockey League and city of Glendale, wher e the Coyotes play, want the team sold to Chicago Bulls and Whitew Sox owner Jerry Reinsdorf, who said he would keep it in
Thursday, November 17, 2011
MillerCoors pact to serve Hispanics - Business First of Columbus:
utyziluz.wordpress.com
Through the joint MillerCoors and the Hispanic Association on Corporates Responsibility promise to increasde and enhance economic opportunities for Hispanics through increased participation in key corporatew initiatives such as leadership and workforce development, procurement and suppliert diversity, marketing and advertising, and community contributions. “Growingh and leveraging diversity will provide MillerCoors with a competitivse advantage that will not only strengthenour business, but also strengthen the Hispanidc community,” said Leo Kiely, MillerCoors CEO.
“Througu this agreement we will be able to use our collectivre power to achieve an importanrt goal for bothour organizations, to have Hispanics participating at greatee levels in our business.” The new five-year agreement is the firstr since MillerCoors was created in July 2008. Coors was a foundingb corporate member of HACR and has maintainecd an agreementsince 1986. “It is gratifying to see that MillerCoorx recognizes the growing influence of Latinos inthe marketplace, workplace and socia l mainstream, said HACR president and CEO Carlos MillerCoors is a joint venture formec by Milwaukee-based Miller Brewing Co. and Coora Brewing Co.
of Golden, MillerCoors operates a major brewery and regionap headquarterson Milwaukee’s west side.
Through the joint MillerCoors and the Hispanic Association on Corporates Responsibility promise to increasde and enhance economic opportunities for Hispanics through increased participation in key corporatew initiatives such as leadership and workforce development, procurement and suppliert diversity, marketing and advertising, and community contributions. “Growingh and leveraging diversity will provide MillerCoors with a competitivse advantage that will not only strengthenour business, but also strengthen the Hispanidc community,” said Leo Kiely, MillerCoors CEO.
“Througu this agreement we will be able to use our collectivre power to achieve an importanrt goal for bothour organizations, to have Hispanics participating at greatee levels in our business.” The new five-year agreement is the firstr since MillerCoors was created in July 2008. Coors was a foundingb corporate member of HACR and has maintainecd an agreementsince 1986. “It is gratifying to see that MillerCoorx recognizes the growing influence of Latinos inthe marketplace, workplace and socia l mainstream, said HACR president and CEO Carlos MillerCoors is a joint venture formec by Milwaukee-based Miller Brewing Co. and Coora Brewing Co.
of Golden, MillerCoors operates a major brewery and regionap headquarterson Milwaukee’s west side.
Subscribe to:
Posts (Atom)