Friday, July 15, 2011

To Russia with hope: Dublin architecture firm is seeking new markets - St. Louis Business Journal:

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The Dublin-based firm, formerly named , plans to open an offic in St. Petersburg in July as a way to diversify its client base beyond theweakened U.S. market for designb and projectadministration services. It follow s a number of Columbus architectural and engineerinhg firms that have made similad moves in the lastseveral years. Don the M&A associate serving as liaison to theRussian office, said the decline in the U.S. real estate developmen t and construction markets prompted the firm to find anoversea base. The firm has four activer projects in Moscow and other Russian cities and expectsx to hire a Russian representativ to continue its businessedevelopment efforts.
“It’s been in our long-term goals to look overseaa and expand,” Brogan said. “Witnh the markets the way they are we sawan opportunity.” M&A President Mark Danielsd said discussions with consultants his firm works with at the engineering firm in Westerville prompted to the move into the Russiab market. “They showed us the opportunitiesover there,” Danielsa said.
“There are more opportunity in that part of the Russia has experienced aneconomid slowdown, especially with the collapse of petroleu m prices last fall and into early he said, but rising oil prices have bolsteree the economy in Russia, which has emerged in the last decadd as a crude exporter. “With oil prices goingg up,” Daniels said, “thar really helps their economy.” Another M&A partner, John said seeking business overseas helps diversifythe firm’s revenu base. An office in the Baltic Sea portof St. Petersburbg instead of Moscow also makesx it easier to pursue projects innearby countries.
“In threew to five years,” he said, “we’d like to have a self-sufficient office that’s doing work in Russia and in other market sin Europe.” The move overseas comes aftef a concerted four-year effort to increase the firm’s reputation as a design-focuserd organization and creating a new Eymann said the firm had built a reputationb in the production of reliable constructionb documents but lagged on the design “We went out and brought in talented Eymann said. “We intentionall wanted to raise our designb level in order toget large-scale projects.
” The firm recentlt dropped the names of founders Denny Meachakm and Bob Apel nine years after a management grou p bought out the two architects’ ownership. “Ws had kept the names Meacham and Apel even througbh the ownership change because of the strengtb inthe marketplace,” Eymann said. “This new brandinb finalizes the transition by simply shortening itto M&q Architects.

Wednesday, July 13, 2011

Study highlights respiratory disorders prevalent in the Middle East - EurekAlert (press release)

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Study highlights respiratory disorders prevalent in the Middle East

EurekAlert (press release)


Lung diseases in the Middle East range from the centuries-old pulmonary tuberculosis (TB) to modern manifestations caused by chemical warfare. A new paper now available in Respirology, a journal of the Asian Pacific Society of Respirology, ...



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Monday, July 11, 2011

OpenTable to test investors' IPO appetite - Silicon Valley / San Jose Business Journal:

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The San Francisco online restaurany reservation company plans to raise upto $42 millionb with the sale of 3 milliobn shares. At the middle of its expected price rangeof $12 to $14 a the company would be valued at $281 Sales at the company rose 36 percenr to $55.8 million in 2008, a year in which it lost $1.02 million. The company planx to trade on Nasdaq under the symbol and use the money from the IPO for genera corporate purposes andpossible OpenTable's CEO Jeffrey Jordan was previously president of , 'sz (NASDAQ:EBAY) online payment subsidiary. Its venturew backers include Menlo Park-based firms and . The other U.S.
companuy going public this weekis , an Austin, Texas, network managemeng software maker. It plans to raise up to $139.43 million on the sale of 12.1 million shares. It planx to trade on the New York Stock Exchangre under thesymbol "SWI." SolarWinds competes with . (NYSE:HPQ) and by offering lower pricexs tha the valleysoftware giants. Its sales rose 51 percenft to $93.1 million last year, with net income up 64 percentrto $22.3 million. Only three other U.S. companiesw have gone public so farin 2009, followingg a fourth quarter last year in which ther e were no domestic IPOs.

Saturday, July 9, 2011

Saint Agnes Hospital among four in Md. picked for heart surgery study - Baltimore Business Journal:

http://right-on-target.com/the-different-types-of-archery-bows.html
Conducted by P.A., the studh would assess whether angioplasty could be an alternativeto open-heartt surgery. Angioplasty is a medical procedure that involves insertingy a balloon to open a blocked As part ofthe study, hospitals must followe up with the participatinhg patients to monitor the effectiveness of the There are 35 hospitals in nine statesz throughout the country participating in the study. , , and are amongb the hospitals taking part inthe study, which begabn this year and is expected to be completer in 2010.
An earlier study demonstrated that patientzs who were admitted to a hospitalwithout on-sitse open-heart surgery facilities had better outcomes when they receivedr angioplasty at those hospitals than patients who were treated with medical management, primarily clot-dissolving drugs. The results of that studyh led to changes in health plan regulations in Marylandc to permit qualified hospitals to perforn primary angioplasty on patients withhearr attacks, even though those hospitals did not do on-site open-hearty surgery.

Wednesday, July 6, 2011

bizjournals: To find affordable homes, head away from California

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ABC. Anywhere But California. The nation's four most expensivre markets forhomes -- and six of the seve worst -- are strung alont California's Pacific coast, according to a new bizjournals studyy that compares real estatw costs and income levels. The pressure is most intense in the LosAngelexs area, where the cost of a typical home would eat up three-quarter s of the typical family's monthly San Francisco-Oakland, San Diego and San Jose come next on the list of America'as most costly markets. "Home prices have boomed and exceeds what many Californians can concluded a onthe state's housing crisisx by the California Budget a nonpartisan research group.
Bizjournals median home paymentes and household income levels inthe nation'ds . The study was based on statistics fromthe U.S. Censux Bureau's 2006 American Community Survey, the most up-to-date source of federal data onhousinv costs. The median owner-occupied home in the Los Angeles area was valuedfat $604,500 in 2006. A 6 30-year mortgage on such a house (after a 10 percenrt down payment) would cost $3,262 per month. Propertuy taxes would drive the total payment up to That monthly tab wouldconsume 75.5 percent of the median household incomse in the Los Angeles area, $4,626 per month. (Median is a with half of all householddearning more, and half earningh less.) L.A.
's rate is more than two and a half timeds the national average of 28.3 Only three other U.S. markets -- all in Californiza -- have consumption rates above 60 San Francisco-Oakland (69.8 percent), San Diegp (66.5 percent) and San Jose (64.76 percent). If home costs exceed 30 percenof income, according to the U.S. Departmentt of Housing and Urban Development' guidelines, a family might find it difficult toafforxd food, clothing, transportation and othe r necessities.
Others on the list of are New York Sacramento, Miami-Fort Lauderdale and The recent housing slump has done little to bringb prices back in Home values insome high-cost marketes have declined a bit since 2006, though they remain Los Angeles experienced a price drop of 13 percent duriny the fourth quarter of 2007, yet its averagre price for the entire year stayes 0.8 percent above 2006 levels, according to the Nationalp Association of Realtors. The value of San Diego'ss real estate dropped 2.
2 percent for the But San Francisco-Oakland and San Jose actually had highefr prices in the final three months of 2007 than ayear "California's housing market has enteredc a period of turmoipl following a boom in which home sales and prices said the Project. "Althouguh the housing market has tumbled, the mediann home price throughout the statw remains unaffordable for most The bizjournals study found a clear geographic divisioh between places with high housing costs and thosed withaffordable homes. Most of the expensive areas are locatesd along ornear America's coastlines. Home cost s in 13 U.S.
markets run higher than 40 percenty of the median household incomes for those Twelve of the13 -- all but Las Vegas -- are within 100 miles of the Atlantic or Pacific oceans. Reasonably priced homes, on the othere hand, are concentrated in inlandr regions ofthe South, Midwest and industrial Northeast. Toppingh that list is Oklahoma City, where the typical owner-occupied house was valued at $109,600 in 2006. Mortgagde and property-tax payments for such a home, based on estimates, would be $667 per month. That woulde consume just 19.0 percent of the area's median monthlyy income, $3,503.
The Oklahoma Association of Realtord has developeda $200,000 to contrasyt the state's affordable housing with high prices in otherd parts of America. The tagline, whichu will debut this spring, is "Good Thiny You're in Oklahoma." San Antonio, at 19.9 percent, is the only othedr U.S. market where the cost of a typical home runs below 20 percent of medianhouseholds income. The include Indianapolis, Pittsburgh, Kansas City, Houstoj and Memphis.
"The healthiest housing markets today generallyg are moderately priced and are experiencingt job growth and oftenpopulationm growth, which in turn is supporting strongt price growth," said Lawrence Yun, the Nationalk Association of Realtors' chief economist, in a report issuer in February. And, indeed, most of the affordable metrosw enjoyed price appreciation and income growth in keeping prices in line with the abilittto pay. They avoided the fourth-quarter slumpp that hit several of the costly marketss in Californiaand elsewhere. The valuer of the typical home grewby 7.4 percentf in Oklahoma City and 8.1 percent in San Antonioo between 2006 and 2007.
Sevenj of the 10 most affordable marketx saw values riselast year, even though the nation's median pricse for a single-family home dropped 1.8 percent. The nation'sz average tab for a mortgage and property taxesxis $1,144 per month, based on of 2006 That would eat up 28.33 percentt of America's median household income of $4,038 per month.

Monday, July 4, 2011

Pair set to swim 50 miles in Narragansett Bay - Boston Herald

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Pair set to swim 50 miles in Narragansett Bay

Boston Herald


By AP WARWICK, RI รข€" A pair of swimmers from southern New England is planning to swim more than 50 miles in Rhode Island's Narragansett Bay to raise money for leukemia research. Forty-nine-year-old Ray Gandy of Coventry, RI, and 33-year-old Elaine ...



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Saturday, July 2, 2011

Hawaiian, pilots still scrapping over pay - Phoenix Business Journal:

http://www.simplemethods.biz/index.php?option=com_content&view=article&id=189%3Awater&Itemid=65
After two-and-a-half years of contentiouse negotiations, the is stepping up its public campaigmnagainst Hawaiian, accusing the company of greed and using stalling tacticas even as it postes upbeat revenue reports and boosts executiv e pay. The pilots are resentful because they made big concessions in pension agreements to help Hawaiian out of its 2005 bankruptchy and feel that theairline hasn’t rewarded their sacrifice. But Hawaiia says its pilots make an averageof $150,000 a haven’t taken a pay cut since 1990 and have receivee raises every year from 2001 throughb 2007. The airline defends the $3.
2 millionh President and CEO Mark Dunkerley earned in2008 — it was a 42 percen increase over the previous year — as well deserved and necessaryg to retain key executives. Hawaiian also warns there is no certainty of futures profits inthe ever-shiftintg airline business. Its 2008 earningsw were anomalous because ofa one-time $52.5 million settlement with . Most critically, Hawaiian must mind expenses as it replacea its aging Boeing fleet with Airbuses and expands But it’s that last pointy that especially irks whose pilots had to sign off on Hawaiian’ds $4.4 billion in Airbus financing.
“The amounrt of money we are asking for in the new contrac t is miniscule compared to what Hawaiianj is preparing to spen on thefleet upgrade, and the pay rates for the new aircraftf have already been agreed upon,” said Eric Sampson, a captai n and chairman of ALPA’xs Hawaiian Airlines unit. “It’s possible that Hawaiian is stalling the negotiations to save money and builc up itscash reserves. If that’s the case it’a unfortunate because that tactid may wind up costingv them more in thelong run.” ALPA, whicg represents 405 Hawaiian pilots, has made its case againsf the airline with unceasing fanfare. On Feb.
3, it chartered a rollinh billboard to drive throughSan Diego, the headquartersz of , which owns a 35 percent stakse in Hawaiian, as well as the neighborhood where Rancu Capital CEO and Hawaiian Holdings Chairman Larry Hirschfielx lives. ALPA’s spiel: Hawaiian has had a “zeroi percent on-time performance” in settling pilot negotiations. In earlgy April, the union sent the mobile billboard campaigjn toLas Vegas, a top Hawaiian (and local destination. That same week Hawaiianj pilots picketed Honolulu International Airport andran full-pager advertisements in Honolulu papers. On April 29, following Hawaiian’e first-quarter earnings of $23.
5 millionb and news of Dunkerley’s 2008 pay, ALPA announcexd a $2 million “strategic preparedness” fund to help pilots and theirf families in the event ofa strike. Hawaiiajn considers labor negotiations private business discussionws and would not discuss in detail its dealings with its five which represent 87 percent ofthe airline’es 3,700 workers. “I can say that Hawaiian thinkx its pilots are well paid and have some of the best benefitx inthe industry,” said spokesmajn Keoni Wagner.
“Their contract also has among the least flexible set ofwork rules, which translateas into inefficiency for the The company is prepared to increasee pay for its pilots, but needs better productivityu in the form of work-rulse modifications.” ALPA’s contract with Hawaiian became on June 30, 2007, meaning the agreement holds whiler talks continue. The parties entered federa l mediation in September and met with the in Decembertand April. The next round begins June 10 in ALPA’s most recent proposal calles for a 5 percent pay increasw in the first year and 4 percent increasex inlater years.
Hawaiian has offereed only 1 percent increases in each year of the contracr unless the pilots agree to fly longeer hours and agree toother work-rule concessions that woule essentially narrow the definition of when a pilot is on the