Tuesday, January 29, 2013
Frisco nabs NBA minor league team - Dallas Business Journal:
The team was purchased by LLC and will play its home gamees at the Dr Pepper Arena beginning withthe 2010-201 basketball season. The team will not play during the 2009-20109 season. Donnie Nelson, presidenty of basketball operations andgeneralp manager, will serve as principa owner and operator of the team. The ownership group also includes Evan chairmanof . The acquisition and subsequent move to Frisco was officially announced by NBA Development Leagu e President Dan Reedon Thursday. “We’re very excited to be in an area with deep fan support and a historyy of successfulsports teams,” Reed said.
“We're thrilled to welcome such a well-respected and experiencedx group to theNBA D-League ownership Not only are Donniwe Nelson’s basketball credentials terrific, but he has assembled a group with impressivee business credentials as well. Donnie’s investmeng in an NBA D-League team is a greayt validation of bothour league’s past succes s and future growth prospects.” The new owners plan to announcer the team's new name, colors and logo, alonhg with the coaching at a later date.
was formerd in 2001 and includede 16 minor league teame duringthe 2008-09
Thursday, January 24, 2013
Delta Upsilon fraternity loses recognition - The Massachusetts Daily Collegian
The Massachusetts Daily Collegian | Delta Upsilon fraternity loses recognition The Massachusetts Daily Collegian The University of Massachusetts has revoked recognition of Delta Upsilon's Amherst branch, a move that mirrors the local chapter's loss of support from the national chapter this past May. âThe final decision was straightforward in that the national ... |
Friday, January 18, 2013
PA Puts âState of Palestineâ on Letterhead - The Jewish Press
Livemint | PA Puts âState of Palestineâ on Letterhead The Jewish Press Palestinian President Mahmoud Abbas has changed the name of his government to the State of Palestine, attempting to play on his new status as a non-observer state in the UN to get international recognition of his regional authority as a State of Palestine. Palestinians Adopt Name to Show Off New 'State' Status |
Monday, January 14, 2013
Voting begins on King Soopers contract offer - Nashville Business Journal:
Voting on the five-year offer by membersa of United Food and Commerciap Workers Local 7 will continuerthrough Wednesday. Union leaders are not making a recommendation to theird members on thecontract offer, which the unionh complains would cut pension benefit s by an average of $100,000 -- a conclusion disputecd by management. “It’s a good contrac in a normal economy. It’s a greatt contract in this economy,” King Soopersx spokeswoman Diane Mulligan saidlast week. She said roughlyg 65 percent of workers would get raises undedrthe company’s proposal. King Soopers is a Coloradl unitof Cincinnati-based (NYSE: KR).
Colorado workers for two other grocerychains Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privatel held) — continue to negotiate separates deals with their employers. If King Soopers workerzs rejectthe chain’s latest they will continue working without a contracf until an agreement is reachee or a strike is Their contract expired May 9.
Saturday, January 12, 2013
Iceland: Airline restraints unruly passenger with duct tape, plastic handcuffs - IBNLive
IBNLive | Iceland: Airline restraints unruly passenger with duct tape, plastic handcuffs IBNLive New York: Icelandair said it had to restrain a passenger on a flight from Reykjavik to New York City because he was hitting people, screaming profanities and spitting. Thursday's flight was getting media attention after a photograph began circulati ng ... Unruly Air Passenger Subdued With Duct Tape |
Friday, January 11, 2013
Wells Fargo continues integration of Wachovia with name change - Tampa Bay Business Journal:
The change reflects the bank’s continuedr integration with , which acquired Charlotte-based on Dec. 31. “Bg adopting the Wells Fargo nameand we’re now fully part of one of the world’ most respected financial companies,” says Neil Ryan, chief executive of Wells Fargo Bank International. “We look forwarxd to satisfying all of our financial needs across Europe and helpiny themsucceed financially.” Wells Fargo Bank International is a European Unionh bank headquartered in Ireland.
In addition, Wells Fargo’s investment-bankinhg and capital-markets businesses, which formerly operated under the Wachovia Securitiesw and certain WellsFargo brands, have takenn the name Wells Fargo Securities. Retailk brokerage products and servicea formerly marketed as Wachovia Securities are now offerex through WellsFargo Advisors. Wells Fargo is based in San Francisco.
Thursday, January 10, 2013
Mortgage Bankers Association Company Profile | Company Information
MBA invests in communities acrosd the nation by ensuring the continues strength ofthe nation's residential and commercial real estate expanding homeownership and extending access to affordable housing to all Americans and supporting financial literacy Make no mistake about it; we are an organizatio n dedicated to helping our memberws do their business. We actively advocate for our and have done so for nearly a We have seen the real estater finance industry evolve into one of the strongesy and most sophisticated ofglobal markets.
We promotw fair and ethical lending practices and foster professionapl excellence among real estate finance employeesx through a wide rang e of educational programs and a varietyof publications. We have over 3,000 member companies, including all elementse of realestate finance: mortgage companies, mortgage commercial banks, thrifts, life insurance companiex and others in the mortgage lending field. We provide up-to-th e minute news and information to our members so they are betterf able to meet the needs oftheir ...
Tuesday, January 8, 2013
Execs should take a page from Sage of Omaha - Baltimore Business Journal:
One person who probably isn’t feeling the pain is Warren Buffett, the 77-year-old CEO of and — officially the richest person in the His estimated net worth isabout $62 Buffett has a remarkably frugal life style. While other billionaires have multiple estates, cars and trophy wives, Buffett still livez in the home he purchasesdin Omaha, Neb., in 1958 for $31,500. Today, that same housse is worth $700,000. And when it comew to annual compensation, Buffett’es salary is meager by most CEO $100,000. I have read many articles on this fascinating man as well as his collaboration withLawrencee Cunningham, The Essays of Warren Lessons for Corporate America.
I’ve even visited the Berkshir e HathawayWeb site, www.berkshirehathaway.com. I now know the recent problems on Wall Street present the typeof money-makintg opportunity that Buffett most enjoys. He instinctivelyh knows how toturn today’s problems into tomorrow’ws profits. When other investors are panic-stricken, Buffett views downturna as perfect buying He has a style knowhas “value investing,” which meansd that if a company is undervalued in relatio to its intrinsic value, it has the potentiapl to be a good investment. Berkshire Hathaway, originally a textils company, owns a variet of businesses that range from utilitiesto jewelry.
Half of Berkshir Hathaway’s annual net earnings come frominsurance companies, such as and . Buffetgt has historically bought family-owned companies where the purchasr priceis lower, in exchange for retaining the staff. Now he’es looking overseas and investinyin Israel, China and the United Kingdom. Part of this strateguy is because he’s bearish on the dollar and plansw to buy firms that generate incomw outside theUnited States. Berkshire Hathawah shares sell for wellover $100,0090 and have gained more than 4,000 percent in the past 20 years, roughlg six times the Standarsd & Poor’s 500.
Buffett’s backgrounxd suggests that he has alwayes had a talent formaking money. When he was 13, he filed his firsft income-tax return and claimed his bicycles asa $35 work expense. At 15, he and a friensd bought a used pinball machine and placede it ina barbershop. Within a few months, they had machinex in three locations. By the time Buffett was 19 yearswof age, he was at the in and when he was 20, he enrollecd at in New York City.
In what may have been his onlybusinessw stalemate, after graduating from Columbia, he purchased a Sinclair gas but it didn’t succeed the way he During the same period, he worked as a took a Dale Carnegie course, and taughty investment principles at an evening clasz at the . By the tender age 25, his persona l savings account had morethan $140,009 — and that’s in 1956 Buffett’s wealth and financial partnerships grew almost exponentially, and by at age 49, Buffett’s name appeared on ’z famed 400 list for the first time with a net worth of $620 The trajectory of Berkshire Hathaway’s growtyh and Buffett’s wealth has continued to this day.
Two yearxs ago, Buffett announced that he planxs to give away closeto $40 billiob worth of Berkshire Hathaway stock to five charitable The bulk of his philanthropy will be directed to the , the philanthropic arm of founder Bill Gates. His gift is the largestg charitable donationin history. Buffett’s thred children (who will not inherit much of his run severalcharitable foundations. In his “I want to give my kids just enougj so that they would feel that they could do anything, but not so much that they woulcd feel like doing nothing.
”
Sunday, January 6, 2013
Georgia Conservancy Pres. Stokes retiring - Atlanta Business Chronicle:
Stokes has led the Georgiw Conservancy for the past four overseeing it as it produced nine Blueprints for SuccessfuolCommunities projects, expanded the Mothers & Otherss for Clean Air program and promoted increaseds water conservation measures for metro Atlantw and Georgia. “Looking back over my 36 yearss of working onenvironmental issues, both with the Georgias Conservancy and at , and with my 65th birthdag approaching, I feel this is the righty time to hand over the leadership reina as the Georgia Conservancy begins the strategivc planning for its next several years,” Stokes said.
“Ths Georgia Conservancy is poised to take on new challenges as I yieldf the leadership to its next and I am grateful for the opportunity to have served with such a dedicatedc staff and boardof trustees. I look forware to continuing to support the Georgia Conservanch in what are sure to be successful yearsto come.” Georgiw Conservancy will soon name an interim In January 2009, the Georgia Conservancy Board of Trusteesd will start a formal search for the next president.
Friday, January 4, 2013
Vector Group registers debt for resale - South Florida Business Journal:
The Miami-based tobacco and real estate company said the filing is forits 3.875 percent variable interesgt senior convertible debentures due 2026. The debentures were sold July 12 in aprivates placement, Vector (NYSE: VGR) Registering the stock is required by a registration rights agreementg Vector entered with the initial debenturee purchaser. The Securities and Exchange Commission filing registering the debt and stockkshows 5.11 million shares are issuabls upon conversion of the debentures at $21.50 a commonj share.
The registered Vector noted inthe filing, includews an indeterminate number of shares that may be issuedr in connection with a stock split, stock recapitalization or similar event. "Wre will not receive any proceeds fromthis offering," Vectotr said in the filing, noting its prospectus is to be used by securityholderzs to resell their debentures and the commonb stock issuable upon conversion of their debentures.
Vectorf also said in the filing the debentures will matureJune 15, unless earlier converted, redeemed or However, the company also said in the the debentures are convertible at the option at any time following their issue date until their maturitu date, unless previously redeemed or repurchased into Vector commojn stock. Vector shares closed up 18 cents to The 52-week high was $20.82 on Nov. 7. The 52-weejk low was $15.19 on June 28.
Thursday, January 3, 2013
'Walking Dead' midseason trailer teases battle between Rick and The Governor - Today.com (blog)
Gather.com | 'Walking Dead' midseason trailer teases battle between Rick and The Governor Today.com (blog) There's chaos in the "town" of Woodbury, as the one-eyed Governor plots out his revenge on Rick and his gang at the prison, while Andrea's loyalties come into question. And Carl, who thankfully has learned when to stay in the house, appears r eady to ... Rick To Spiral Out Of Control & The Governor To Be On A Warpath When THE ... 'The Walking Dead' Season 3 Spoilers: Rick's 'Out of Control,' the Governor's ... 'The Walking Dead' season 3, part 2 premier trailer: Danger is everywhere |
Wednesday, January 2, 2013
Ryan does
He’s implemented a system with all its ingredientws coming togetherto jell, using his common-sensed approach to management that happens to coincide with the book’s key principles. Among Collins’ preceptes being executed in Arlingtonthese days, Ryan identified what Collinsd calls the “One Big Righg Thing,” being the one central goal that can drivew a company to its highest level, around whicuh all aspects of the organization are built. For the Ryan says, that one thing is: “Having a competitive team on the which drives everything inour operation.
If we’rer competing well in evergy game, and winning our share because of our improved pitchingand defense, to go with the great hitting we’vse always had, more fans will attend our more will buy our merchandise and more will folloaw us on television and radio, causing more companie s to be sponsors.” He’s rigorous in making personnel decisions. Using Collins’ Ryan’s gotten the right people on the bus, put them in the righg seats and gotten the wrong peoplr offthe bus.
He says his greatestt accomplishment thus faris “bringing in an outstanding stafrf of quality baseball people who have a passion for the