Friday, April 29, 2011

Home sales fall 23% in April - Washington Business Journal:

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region continued their downward slidde in April although there are signsa buyers are being drawn back into the real estate Closed sales of new and existinhg homes and condos tumbled 23 percen t during the month and the median price fell 3 percentfto $180,000, compared to the same month a year according to preliminary figuresz released by the . The biggesy drop in closed sales happened inSaratoga County, which has the highesrt prices of the six counties wheres most of the activity occurs. Sales plummetede 30 percent compared toApril 2008, down to 138 closingw during the month.
Year-over-year saless in April fell 27 percent in Rensselaer County, 23 percent in Montgomery County, 17 percent in Albany County and 11 percentt in Schenectady County. Sales increaser 13 percent in Schoharie The results ona month-over-montgh basis were better. Comparex to March, sales in the regionh were up 13 percent in April and the median sale pricee wasup 1.5 percent. When new homes are excluded from the salesof single-family homes in the Albany regioh fell 22 percent in April and the median sale pricr fell 3 percent, to compared to the same month in 2008. Nationally, salews of existing homes fell 3.5 percent in Apri and the median sale pricefell 15.
4 percent, to compared to the same month a year earlier, accordingy to the National Associatiobn of Realtors. On a month-to-month sales of existing homes nationallyincreased 2.9 percent in to a seasonally adjusteed rate of 4.68 million Since it takes two to three months for a sales contrac t to proceed to a closing, the April numberd generally represent activity in January and February, when many buyers were on the concerned about the economy. Many real estate agentz have said they noticed an uptick in calls and attendancew at open houses in Marcj and Aprilas first-time buyers were drawn back into the marke by the low prices and a new, $8,000 federak tax credit.
The warmer sprinfg weather can also be a tonivc for thewinter blues. Whether that increase activity translates into closed sales remainzs tobe seen. GCAR Chief Executive Officert James Ader said the saledsreport that’s compiled in July and releasedf in August will provide a good reading on how the springb market fared. Ader also noted that first-timr buyers who want to take advantagw of the federal tax credit must close on theidr purchaseby Nov. 30, whicuh means they need to sign a sales contracft two to threemonthds earlier.
Albany County: $196,000, up 2 percent Rensselaert County: $170,800, down 2 percenrt Saratoga County: $225,800, down 5 percent Schenectad y County: $159,000, up 10 percentf Schoharie County: $150,000, down 9 percent Montgomery County: $123,300, up 26 percent

Tuesday, April 26, 2011

'Transformers' has huge debut, 'Up' passes 'Star Trek' - Business Courier of Cincinnati:

titus-neither.blogspot.com
"Transformers" brought in an estimated $112,000,000 over the and an estimated $201,246,00o0 since the movie's debut Wednesday. Accordinfg to a report on the it wasthe second-largest five-dayy debut in history, trailing only "Thd Dark Knight." The movie was showjn on about 10,000 screenxs at 4,234 sites, according to the report. Another new releaser over the weekend, ' "My Sister's came in fifth at the box offic e duringthe weekend, bringing in an estimated Last week's number-one movie, Disney'sx "The Proposal," fell to the secondc spot, bringing in an estimated $18,466,000. Warnee Bros.
' "The Hangover" and "Up" came in third and fourth, bringing in an estimateds $17,215,000 and $13,046,000, respectively. In overall box-office revenue for the summer, there was a shake up at the top, with passing "Star Trek." The top five overalp movies for the yearto date, and theif estimated receipts are: "Up" -- $250,218,000 "Star Trek" -- $246,225,000 "Transformers: Revengs of the Fallen" -- $201,246,000 "Monsters vs.
-- $195,971,000 "The Hangover" -- $183,247,000 Of the top it looks like "The has the most bang for the as its budget wasonly $35,000,000, comparex with the other four, which had budgets of at leastf $150,000,000.

Sunday, April 24, 2011

Warren Buffett sells remaining Constellation shares - Baltimore Business Journal:

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Buffett, his company (NYSE: BRK.B), and that company’s subsidiary , are each no longer stockholders inConstellation (NYSE: according to a form with the Securities and Exchangre Commission filed Monday. They have been slowly divesting the stock over the past weeksxand months, owning 7.3 percent in February and 6.3 percent last The sale ends the relationship between the investord and Constellation, one of two Fortune 500 companies in Baltimore City. Iowa-based MidAmerican got a 10 percent stake in Constellation whenits $4.7 billion bid for the compan made in September was rejected threre months late.
That offer came after a cash crunchy led to a steep declinein Constellation’zs stock price over several days and some investorz feared bankruptcy. Constellation spurnerd the offer in favor of a deal tosell 49.99 percenft of its nuclear business for $4.5 billion to Frencyh firm , which had also been in the biddingh for the company in For the cancelation, Constellation had to pay $175 millioh in breakup fees and $418 millionb for stocks. It also had to repay a $1 billioh loan from Buffett with 14percent interest. A decisionn on whether the deal with EDF requires Maryland approval is expectede ina week. The deal is expectede to closethis fall.

Friday, April 22, 2011

Central Valley bank earnings fall to $1.7M - Houston Business Journal:

houston-nearly.blogspot.com
million in the first half of the down from earningsof $2.6 million the year earlief period. The bank holding company of earnedf $464,000 in the second quarter, down from $1.3 million the year earlieer period. “While we remained profitable, the disappointing earninge in the second quarter is a reflection of the increasesd provision for credit losses in the light of the overall weak economy and the potential impactt it many have on our borrowing customerxs during this economic cycle and the significant increasre in the FDIC insurancse premiums from both the increase in regular assessment ratese as well as the special assessmentg rate placed on all FDIC insureds institutions insecond quarter,” said Dan Doyle, president of the bank holdinyg company.
The bank has 15 branches in the Central Valleh from the Fresno areato Sacramento. The bank company got $7 milliohn in Capital Purchase Program money from the Department of Treasuryy earlierthis year. It acquired the Stockton, Lodi and Tracy branches of Service 1st Bancoropin November.

Tuesday, April 19, 2011

Fair Trade importer Alter Eco cultivates growth - San Francisco Business Times:

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Its from this office that Alte r Eco Americas is bringinv Fair Trade and organic goods from acroses the worldto U.S. grocery stores whiled trying to make a dent inglobak poverty. The startup has more than quadrupledd its revenue over three yearsto $1.5 millionh in 2008 by landing distribution for productw such as quinoa and jasmine rice in majo r grocery chains. One grocer that carries its products isWhole Foods, which has increased its Fair Trade offeringse to more than 1,000 products in the last two including Alter Eco’s organic extra virgin olive oil from Palestine.
“Morre consumers are interested in the stories behind their food,” said Edouard Rollet, co-founder and chied operations officer of Alter Eco Americas, in explaining the company’z explosive growth. Alter Eco Americas was started in 2004 in San Francisck as aseparate company, but spun out of Altef Eco, which was founded in France a decadre ago to import and distribute goodw from marginalized farmers in countriesa like Bolivia, Peru and Ghana.

Sunday, April 17, 2011

Hot Leads: Startups, expansions, moves, and new products and services - Tampa Bay Business Journal:

http://www.netook.org/Coastlines_America.html
• relocated to the CapTrust Building at102 W. Whitingy St., #201, Tampa. The law firm offers civil litigationj serviceto local, national, international and governmenta l clients. Practice areas include product liability, insurance law, serious personal injury and wrongful death, employment practic and civil rights law and business andcommercial litigation. For more informationj call (813) 221-0200. • Integrated Security Consultantss Inc. relocated its corporate offices to downtownm Tampa at1711 W. Kennedy Blvd. The company was previouslhy located inWesley Chapel. It offeres custom commercial and residential burglar and fire alarm For more informationcall 254-0033.
• Planned Parenthood relocatedfits St. Petersburg health centetr from15 Dr. Martin Luther King Jr. St. S. to 10051 Fifthg St. N. The move was intended to make the centetr more accessible for patients throughout Pinellas Countt andSouth Tampa, a release said. The new facilit y is 750 square feet larger than its predecessor and will featur an expanded prevention education resource For more informationcall (727) 898-8199.

Friday, April 15, 2011

Interpol to collaborate with David Lynch at Coachella tonight (April 15) - NME.com

nadezhdaqedyxos.blogspot.com


NME.com


Interpol to collaborate with David Lynch at Coachella tonight (April 15)

NME.com


The New York band, who play the California event tonight (April 15), have included details of the visual collaboration in a blog on their record label Matador Records official site Matadorrecords.com. The collaboration, which is titled 'Interpol Under ...


Interpol Collaborate With David Lynch

ClashMusic.com


Interpol Announce Special Set At Coachella Festival 2011

Gigwise


Interpol to Collaborate with David Lynch, Creators Project at Coachella ...

Exclaim! (blog)



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Wednesday, April 13, 2011

Charlie Baker quitting Harvard Pilgrim - Houston Business Journal:

http://spaceref.net/mt-cp.cgi?__mode=view&blog_id=11&id=3849
"Leaving the company is not an easy decision for me, but there is no middlr ground. I am either the CEO of HarvardPilgrinm – or I’m building a campaign I cannot do both," Baker said in a statementr released Wednesday morning. In a fairwell e-mail, Baker thankec Harvard Pilgrim's staffers and touted the organization's successess over the years. "Bur I also recognize the terrible financialp and operational strain that will face state and locao government in theyears ahead. I know both sectorss pretty well — better than most, I woulxd say — and I believe I can bringb ideas, energy and leadership to the taskw that face state government in theyears ahead.
” a Republican, is a former stater secretary of administration and finance. CFO Brucre Bullen will be interim CEO atHarvard Pilgrim.

Monday, April 11, 2011

Facebook to Set Up Standalone China Service With Baidu, Sohu.com Reports - Bloomberg

http://foodblogalliance.com/cgi-bin/mt/mt-cp.cgi?__mode=view&id=1839&blog_id=40


Facebook to Set Up Standalone China Service With Baidu, Sohu.com Reports

Bloomberg


The China website won't be integrated with Facebook's international service, and the start date is not confirmed, according to the report. Kaiser Kuo, a spokesman at Beijing-based Baidu, declined to comment on the report when reached by Bloomberg News. ...



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Saturday, April 9, 2011

Supervisors delay reassessment to 2013 - Daily Press

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Supervisors delay reassessment to 2013

Daily Press


The Board of Supervisors voted Tuesday night to buy software for its beleaguered reassessment effort and postpone its next assessment of real estate to January 2013. Two supervisors, Michelle Ressler ...



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Thursday, April 7, 2011

Alterra sets up reinsurance sidecar after catastrophes - Business Insurance

http://www.wholesaleukdirectory.com/user_detail.php?u=dereriadryday


Alterra sets up reinsurance sidecar after catastrophes

Business Insurance


HAMILTON, BermudaĆ¢€"Alterra Capital Holdings Ltd. said Wednesday that it has established a sidecar vehicle with up to $200 million in capital to provide property catastrophe reinsurance capacity in the wake the recent string of catastrophe losses. ...



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Tuesday, April 5, 2011

Green Township OKs Mercy hospital plan - Boston Business Journal:

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The plan passed 3-0. “We’re very pleaseds to get to this stage and excite to take the next saidPete Gemmer, spokesman for Mercy. “We realize there is still a lot of work to do and we look forwarrd to continuing to work with the residents and the township leaderws to develop a hospital everyone can be proud The project will now be submitted to the Hamilton County Regional Commission for probablynext month, Gemmer said. The plannedr hospital and parking areas would cover about 40 acres and sit near toInterstatde 74. The facility, to cost $200 could open in early 2014.
The proposed site is 60 Mercy has said it will close itstwo West-Side hospitals: Mercy Hospital Western Hills and Mercyu Hospital Mount Airy. The new hospital, with 200 to 250 will be a replacementfor them. Some residentse in the area had expressed concerns aboutt increased traffic as a result ofthe hospital, whosed main access road would be from Nortb Bend Road, at roughly the midwahy point between Kleeman and Boomer. Gemmet said a traffic impact studt through the HamiltonCounty Engineer’s Office is nearlyg complete.

Sunday, April 3, 2011

Hallmark the Cable Place found its niche selling specialty items - New Mexico Business Weekly:

http://www.nelweb.biz/user_detail.php?u=envetteopipse
Whether you are hooking up a DVD playefr to thatnew high-definition TV or making sure everythingy functions properly on the spacre shuttle, you can find what you need at in Albuquerque’s Northeasyt Heights. As the economy pounds Hallmark remains one of the last tech optionalong “Computer Alley” on Cutler Avenue between Washingtonb and San Mateo, across the streeyt from where Circuit City went under at the beginning of the year. Also gone in the past year are PC CompUSA and PCParts Plus. “We’ve been hard said Kathryn Pick, Hallmark’s owner and president. “That’s a lot of revenue, a lot of traffic that has decreased in thelast year.
Take Circuit when they fired their top managers and hired a buncof newbies. Customers woule ask them questions, and they’d give up and say, ‘Oh, just go acrosx the street’ … We were sorruy to see them go, because they sent lots of customerzto us.”

Saturday, April 2, 2011

2 Lakota helicopters join Nevada Guard fleet in Reno - Reno Gazette-Journal

http://www.infozahrada.cz/user_detail.php?u=makytynccraro


2 Lakota helicopters join Nevada Guard fleet in Reno

Reno Gazette-Journal


The two aircraft are configured for medical evacuations and will complement Black Hawk helicopters already available in the state for air ambulance support. Four more Lakota helicopters are set to arrive in 2015. They will be configured for standard ...



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