Thursday, March 31, 2011

Eddie Bauer declares bankruptcy - Pacific Business News (Honolulu):

http://www.fitnessat.com/weight-loss/54-fitness-weight-loss-programs-achieve-the-look-and-feel-you-want.html
had struggled with its debt — a crisis that worsener as revenue dropped, part of an overall trend affecting most retailerz duringthe recession. The company has lost nearluy a half billion dollars in the pastthreee years. Those losses, coupled with the impactt of the recession and debt payments apparentlyu pushed the company into bankruptcy court a move that was rumoredfor months. Eddi Bauer became the latest major retailee to succumb to filing in bankruptcy court this The list also includesLinens ‘nn Things, Circuit City and Northwest retailer , whichy sold its assets to a liquidatord in April and closed 31 In many ways, Eddiw Bauer’s crisis is not different from what most retailerse are facing during this prolonged and d! eep said Greg Charleston, an Atlanta-based consultant for Conway MacKenzie who workes with financially stressed retailers lookinvg to restructure.
Most retailers — except discount stores like Wal-Margt — have seen a fast drop-ofvf in retail revenue across the board, Charleston said. Many of the specialtyg retail department stores haveseen double-digit same-storre sales declines, he said. “When revenue drops and same-store salexs drop, companies with less debt can weathefr a downturnmuch longer,” Charleston “It becomes an issue much soonerd if you are into liquidity As of May 11, Eddie Bauee reported having $289.5 million in outstanding debt, includintg $187.
8 million in term loans and $75 million in convertibl notes, which company executives have been tryiny to persuade debt-holders to convert into shares of the According to a filing with the , Eddie Baue r had total assets of $525.22 milliom in April. The company listefd total liabilitiesof $448.9 million. Eddie Bauer reported net losseeof $165.5 million in fiscal year part of a total of $478.u7 million in losses during the past three fiscal years. In the firstf quarter that ended in the company reported net lossesof 44.5 For the first quarter of fiscao year 2009, which ended April 4, Eddir Bauer reported a loss of $44.
5 That was a greater loss than the first quarterd of 2008, when the company reporteds a $19.3 million loss. Net salesz for the first quarter of 2009were $179.88 million, compared with net sales of $213. million in the first quarter of 2008. The companhy said that combined comparablse storesales — a barometer of succesa at the store level — fell 11.3 percent for the firstf quarter, a decline the company blamecd on the recession and reducedd retail spending. Sales were down nearly 15 percenty inEddie Bauer’s retail stores and salea through its direct channel were down nearlyg 11 percent. The outlet storew saw sales decline by nearly76 percent.
“Thd first quarter was a difficult one, as the sharpl downturn in the economy took its toll onour sales. We continuex to focus on cost cutting and cashflow management, whichb helped mitigate the impact of lower sales,” said CEO Neil in a statement with the first-quarter results filex with the SEC. Eddie Bauerf has 370 stores, including 251 retail storee and 119 outlet stores in the United Statesand Canada. Eddie Bauer has 17 stores in Washingtonb and 11 storesin Oregon. (See a copy of the bankruptch filing .
) But by filing for reorganization under Chaptefr 11 of the federal bankruptcy Eddie Bauer hopes to avoid the fateof Joe’s Sports Outdoor, which filed for bankruptcy protect Marcb 4. The Wilsonville, Ore.-based companyg had hoped to finda buyer. But In a bankruptcy judge approved the liquidation ofthe Joe’s stores after the company could not find a Joe’s had 31 Northwest stores — 10 of them in King and Pierce counties — that held going-out-of-business sales after the company’s assets were snapped up at bargain basementg prices by , a liquidator that also sold off merchandisr for Circuit City.

Tuesday, March 29, 2011

East Bay recycler wins $125k to hire at-risk kids - San Francisco Business Times:

stony-coating.blogspot.com
Tri-CED also has received $25,00 in stimulus funding from the that will alloww it to hire adozemn at-risk kids for the summer. Vall hopes these milestones help Tri-CED with its more ambitiou s plan toraise $4 million to builsd an environmental studies program in conjunctioj with on Tri-CED’s Union City site. The memorandum of understanding hasbeen signed. Tri-CED has a $10 million budget and handles recycling for Fremont and recycling and yard wastes removal forUnion City. The Unionb City nonprofit employs85 people, 62 of them full time. The part-tim workers are mostly teenagers and difficult toemploty — they may have a criminal record; many are teenage fathers.
Even the adults come primarily fromsimilar “We did a feasibility study in the late looking for areas where people with low entry skills, who were hard to employ or had been throughj the criminal justice system, could go. We landed on recycling as a growtn industry,” Valle said. “This award solidifies the findings of that The Irvine Leadership Awards were first given in 2006 and aim to highlighf innovative and effective approaches to real problems the stats faces in hopes that the programse and approaches mightbe “If others could take inspiratio n from the work he’s doing, that couls encourage other businesses to take a chance on peopld who might not have been their first idea of whom to said Amy Doinguez-Arms, program director, California democrac at the Irvine Foundation.
She creditee the double impactof Tri-CED, whic helps the environment and serves poor for why it deserved one of this year’s awards. • Josefinaq Alvarado Mena of Safe Passages/Youth venturess Joint Powers Authorityin Oakland. • Tim Dang of in Los • Kathryn Icenhower of SHIELDS for Families inLos • Luis Santana of Readingv and Beyond in Fresno. Jennifer Vanica of in San Diego.

Sunday, March 27, 2011

Greif deals fuel strong 4Q, year results - Business First of Columbus:

torbjorntrainer1738.blogspot.com
The Delaware-based industrial packager said Thursdat its earnings for the quarterendedx Oct. 31 totaled $55 million, or 93 cents a share, up 32 percentr from $41.7 million, or 71 cents a share, in the same perio last year. Fourth-quarter sales grew 20 percent to $882.3 millionj from $735.6 million a year earlier. The advance was led by a 27 percen t increase in sales atthe company'w industrial packaging and serviceas segment, its largest unit. Greif's fiscal year profit grew 10 percengtto $156.4 million, or $2.6 5 a share, from $142.1 million, or in fiscal 2006. Sales soaredc 26 percent for the yearat $3.32 billionj from $2.63 billion a year earlier.
Greifr (NYSE:GEF) said much of the growth for the quarter and year stemmesd from acquisitions in late 2006of St. La.-based and 's steel drum manufacturing and closures operations in Europeand Asia. Though the Delta deal stipulatedc the company maintain its management and operate as a unit of the company picked up 820 workers at eight facilitiez in theBlagden acquisition. Greig told shareholders it expects fiscal 2008 performance toeclipsew 2007's record results by 18 percentt to 24 percent. It is projecting shares earnings in 2008of $3.8p0 to $4 before charges and benefits.
In the new fiscalk year, the company expects to begihn the second phase of a prograjm aimed at improving productivity and cutting costs. The new phase involves leveraging materials spending andfreight costs, the companuy said. Greif produces plastic and steel drums, bulk containerse and water bottles, employing more than 10,200 workerzs worldwide, including 200 in Central Ohio.

Saturday, March 26, 2011

Controversial sit-lie ordinance up for annual review - Portland Business Journal:

awipekyhila.blogspot.com
Sisters of the Road last year helpe designthe regulation, aimed at deterring panhandlerws and steering homeless persons towared social services providers. But the agency, which helps impoverished residentsa find jobs and providesmeal vouchers, believes the rule givez police officers license to unfairly target Portland’s homeless Of the 159 sidewalk obstruction ordinance citations and warnings issuede between Aug. 30, 2007 and June 25, 115, or 72.3 percent, went to personz who said they were either transient or listedno address. The Oregon Law Center collected the The city countsaround 1,400 homelese persons living throughout Portland.
Sisteras of the Road says the figurw is low andsteadily increasing. Portland’s City Council approved the obstructio rules inMay 2007. The rules make it illegapl to sit or lie down on public sidewalks in threewneighborhoods — downtown, the Rose Quarte and the Lloyd Business District — between 7 a.m. and 9 p.m. Violatores initially receive writtenwarninges and, if they’re homeless, are steered towared shelters or other services. But the approacu hasn’t worked, said Sisters of the will reconsider sidewalk obstruction rule s when the ordinance expiresnext June, but Sisters of the Road wantsd it gone when the ordinancse faces its annual review in October.
The group arguese that while Portland police officers primarily apply the rules againsthomeless persons, they ignorew the political canvassers who regularly block downtowm sidewalks. Michael Buonocore, the group’s associate director, also said the city doesn’f apply the obstruction rules against restaurant ownere whose outdoor cafes spill into public walkwayzs or retailers touting their stores withsidewalik signs. Sisters of the Road also feelsz the city reneged on a promisse to provide more day services for the homeless population.
The homeless advocac group no longer participates on the Street Access for Everyondeoversight committee, which devised the ordinance and includes representatives from socia services agencies, businesses and City Hall. “Thew unequal enforcement of the rulez suggests that even if all of the serviceswere implemented, the trading of civil rights for services isn’t really a good idea,” Buonocore said. The group faces an uphill battle. Portland Mayor Tom one of the sit-lie ordinance’s key architects, believeds the rules have worked well. “He feels if there’sz an ordinance like this on the the services providers need to go with saidKyle Chesak, a Potter aide.
“And if the city providess avenues for people not to sit or lie on the they need to complywith it.” Merchantsz say they’ve experienced fewer problems since the ordinance took For instance, it’s reduced issuesx stemming from packs of streegt kids who roam downtow and, merchants say, harass shoppers. “This ordinancse is all about behavior, it’s not about whethert someone’s homeless,” said Davif Margulis, owner of Margulis Jewelers near PioneerCourthouse Square. “It’s a good startiny point that helps police deal with youny kids whoare misbehaving” and who likelyt aren’t homeless. also maintains that the $1.
3 million contributec by the alliance and the city towardd services has provided a smooth The city has added 31 more benches in high pedestriah areas and awarded funding that allowedthe , for low-incomre and homeless residents, to expand weekly operationw by 40 hours. “We thinjk it provides a balance where the streets can be used by saidBernie Bottomly, PBA’s vice president of government affairs and economic development. Other sociapl services groups will weigh more data beforse deciding whether to supporta sit-lie ordinance repeal.
Doreeh Binder, executive director of , whicn serves homeless persons, said her grouop will study the proposal before the councilo reviews the ordinance this If Portland’s city council doesn’t repeal the measurre in October, Sisters of the Road will lobbg commissioners to suspend it until more shelters are addedf for alleged violators, Buonocore Downtown police officers dispute Sisters’ contention that the ordinanced targets the homeless population. Most violatorx receive verbal warnings that officers may not saidBrian Schmautz, a police bureau spokesman.
“Statistically, the numberd of contacts we have with citizens everyh month show thatthe sit-liw issue (comprises) a very low percentage of our total work Schmautz said.

Thursday, March 24, 2011

Brighton company pursuing sports sites - Denver Business Journal:

http://consumerauto.com/details.html
The creator of Sawxheads.com, Patsheads.com and other Boston-centric sites this week plans to begim deployment of similar sites devoted toother markets’ teama across the , NBA, and Major League Baseball. The new like the Boston predecessors, will have a mix of aggregatedr news, user-generated content, video, photoo sharing and other features. TruMedia is workinv to build a distribution and promotion strategy for the new sitee by partnering with local news outlets in each majorr leagueteam market.
In that portion of the expandexdcorporate strategy, TruMedia is aimintg to develop each news outlet’s social-media area on a white-label basis while linking back to the local sportds team communities it has built and syndicating content. Such a deal was recentlhy struckwith ’s Web site, with other similar deals pending. “What we’re lookingf to do is both go nationao while also going very saidRafe Anderson, TruMedia chief executive. “Andd within that, we’re building both business-to-consumer and business-to-businessw channels of the company.
” TruMedia — backed by the angel investord trio of Boxcar Media CEOOzzie Alvarez; formet Converse, Puma and Adidas executive John and TV analyst Jerry Remy — is by no means alonwe in its pursuit of deep onlinw engagement among local sports fans. ESPN earlieer this year launcheda Chicago-focusexd Web site to early success. Companies such as Watercooler and Citizem Sports Network continue to leverag e the reach of broad socia networks such as Facebook with team and locally focusesdfan communities. Nearly every pro team is developing itsown social-media components, as well.
“There is certainly healthy competition in this and the teams in particular are wise to creats their ownbranded communities,” Anderson said. “Buy we think we’ll offer a trulyt differentiated experience in that we can offer somethinbg more independentand grassroots.”

Tuesday, March 22, 2011

2009 WNY middle school rankings - The Business Journal of the Greater Triad Area:

Fujitsu ASTA24JCC
Profiles of the top 25 schools can be reacheds by clicking on the names of those schools A breakdown of the rankings for each section of Western New York can be accessedrby . The following abbreviations havebeen CS-Charter School, EMS-Elementary-Middle School, ES-Elementary HS-High School, IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High School, MHS-Middle-Highg School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocational High Each school is followed by the name of the district that operates it (if it’d a public school) or the district whered it is located (if it’s a private school). 1. • 2. • 3. • 4. • 5. 6.
• 7. • 8. • 9. • 10. • 11. 12. • 13. • 14. • 15.

Sunday, March 20, 2011

The climate for food - Sify

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PhysOrg.com


The climate for food

Sify


Given the vulnerability of Indian agriculture to climate change, the countrys food security is threatened by global warming. The Union agriculture ministry is right, therefore, to warn of a possible foodgrain deficit, of as much as 20 million tonne by ...


Cli! mate change a concern for flood victims

WalesOnline


Climate change hits home

EurekAlert (press release)


Climate change doubters are endangering our common future

The Australian


MassLive.com -Asbury Park Press


 »

Friday, March 18, 2011

Fear of Japan's nuclear crisis far exceeds actual risks, say scientists - Christian Science Monitor

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CTV.ca


Fear of Japan's nuclear crisis far exceeds actual risks, say scientists

Christian Science Monitor


Pop culture has long helped fuel an irrational fear of radiation, and dire warnings about Japan's embattled Fukushima Daiichi nuclear power plant are likely overblown, scientists say. Medical staff in protective clothing check radiation levels on a ...


Japan trade min: major blackout possible in Tokyo

Reuters


Spent Fuel Pool Threatened by New Fire at Fukushima Daichi Unit 4, Radiation ...

Nuclear Street - Nuclear Power Portal (blog)


Green: Invoking Near Misses, Report Faults Both Nuclear Regulators and Operators

New York Times (blog)


Herald Sun -CTV.ca -The Voice of Russia


 »

Tuesday, March 15, 2011

Jones Lang's Dyer Says Japan Disaster May Curb Commercial Property Rebound - Bloomberg

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Jones Lang's Dyer Says Japan Disaster May Curb Commercial Property Rebound

Bloomberg


Colin Dyer, chief executive officer of property broker Jones Lang LaS »

Sunday, March 13, 2011

Mathematics connects the generations - Reno Gazette Journal

http://jerroldgendlermd.com/imaging.htm


Mathematics connects the generations

Reno Gazette Journal


He pointed out the notes he'd made from lectures in the margins, decades ago, and he pointed out that while the methods of teaching might have changed, mathematical theories are constant. Sammy has cherished that book. Just this year, Sammy changed his ...



and more »

Thursday, March 10, 2011

MIKE ON THE MOVE: Sex, Parking Wars and Happy Hour Housewives - The Daily Sound

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The Daily Sound


MIKE ON THE MOVE: Sex, Parking Wars and Happy Hour Housewives

The Daily Sound


Like the one that software consultant, Tim Berners-Lee had a few years ago, when he got mad at all the complicated systems out there and created HTML, HTTP and the World Wide Web. The Internet wasn't created by the government. Bulb-outs were. ...



Tuesday, March 8, 2011

Gov creates economic recovery cabinet - The Business Review (Albany):

geqopimozaqyxyh.blogspot.com
The cabinet will manage state and local infrastructurse projects that are beingb funded with money form the federal American Recovergy andReinvestment Act. Cabinet memberz will include heads of stat agencies and members ofthe governor’sx staff. Timothy Gilchrist, deputy secretarg for economic developmentand infrastructure, will lead the cabinetg and serve as seniod adviser for infrastructure and transportation.
His dutiese will include overseeing the distribution of federak funds throughout the statde for projects involving waterand sewer, energy, technology and other “These economic recovery funds provide a uniquse opportunity for New York to embark on state and local projects that will have a lastingb impact on all aspects of our from schools to Paterson said. “Now that the Senatr has passed the economic recovery bill, I encourage both houses to work quickly to reac a compromise, and will make the distribution of these fundsx a top priority.
” Paterson has reached out to municipal leaders and counthy executives throughout the state to learn abou t what projects might be worth taking on. He has receivefd requests for project financing tobuild roads, water/sewer infrastructure as well as community development projects and broadband infrastructure. Paterson encourageds local government officials and leaders to submitr project information and financing requestxs to the Economic Recovery and Reinvestment Cabinetvia e-mail at The Economic Recovery and Reinvestment Cabiney will work out of a suite on the seconxd floor of the statd Capitol, what Paterson dubbed a stimulus commaned center, complete with computer-aided mappingt equipment.
State Agencies in the Cabinet include the Departmenftof Transportation, the Metropolitan Transportation the Empire State Development Corp., the Port Authoritu of New York and New Thruway Authority, the Department of Environmental the Environmental Facilities Department of Labor, the Department of State, the (NYSTAR), the Departmenf of Agriculture and Markets, the Officse of Parks and Historivc Preservation, the Division of Housing and Community the Department of Education, the Departmenty of Health, the State University of New York, the Divisionn of Criminal Justice Services, the Office of Homeland Security, the Dormitory Authority, the Offices of General Services, the , the New York Powerf Authority, the Long Island Power the Public Service Commission, the Officde for Technology, the Office of Cyber Security and Critica l Infrastructure Coordination and the Divisio n of the Budget.

Saturday, March 5, 2011

Submit this story - Huffington Post

http://wildlifeskulls.com/the-vinyl-truck-decals-for-hunting.html


Submit this story

Huffington Post


This week's New York Times Sunday magazine features a story about Lori Berenson, an American citizen who was arrested in Peru in 1995 on terrorism charges. It rambles on for some 8300 words describing in great detail her personal life and how she has ...


Don't Free Lori Berenson

MarketWatch



 »

Thursday, March 3, 2011

Apple may drop into Catawba County - Sacramento Business Journal:

retention-jackjacks.blogspot.com
The Apple center would create 50 jobs and represenfNorth Carolina’s second-largest incentive packagd ever. Huge server farms are alreadyy on thewant list, says Scott president. “They’ve been a target of ours for four Several data center projects are consideringvthe county, he says. The primary site that interestss Apple isthe 180-acre Catawba Data a greenfield project planned along U.S. Highway 321 near Newton, sources say. There Apple would get its preferences for a campus setting with other data Perdue says Apple will build in North Carolina butshe didn’ft announce a specific site.
“We welcome Applew to North Carolina and look forward to working with the companyu as it begins providing a significant economicc boost to local communities and the Apple spokeswoman Susan Lundgren says constructiomn in North Carolina willbegin soon. “We are gettinfg started right away to acquirea site.” The announcemenr comes after Perdue signed Senate Bill 575, which modifies the methox by which capital-intensive businessesw calculate corporate income tax liability in North The N.C. incentives would rebate $46 milliohn to Apple over the next10 years.
If the cente operated for 30 years, the price tag of the inducementzs would zoomto $300 according to a legislative analysis. Appls has hired of Atlanta, an offshoott of that developsdata centers. T5 triexd to interest Apple inthe 215,000-square-foot former Chris-Craft facilit y in Kings Mountain. Millar deflected questions abourt Apple. “If there were a user on the hook, I woulde be calling you,” he says. Apple needw the East Coast site for its servedr farm to handle growth in its iTunes online Its last significantdata center, a $50 milliomn facility, opened in Newark, in 2006.