http://jenheath.com/photogallery/jensbodybuilding.html
The survey, conducted by the , showedc public employers nationwide are modifying their employee health care benefits to includemore cost-savintg measures. The survey found that 72 percent of public employera are increasing or considerintg an increase intheir employees’ deductibles, coinsurancee or copays. In addition, 74 percentr of public employers are increasing or considering an increass inemployee premiums. When asked why they were considering higher 46 percent of public employers cite the financial Almost the same 45 percent, cite the crisis as the reaso n why they are thinking about highetr employee premiums.
“These findings are although cost-sharing measures have been common in the corporatw world for quitesome time, public employers have traditionally not modified their health care plans in this Sally Natchek, senior directoe of research at the foundation said in a “The fact that the majority of public employerd are now increasing copays and premiums illustrates the dual effect rising healthn care costs and the financial crisiw are having on their plans.” Other cost-saving programs that public employers are instituting include adding a consumer-driven health plan, shifting to a self-funded plan and introducinvg spousal surcharges.
Nearly three-fourths of publifc plan sponsors are placing more emphasis on controllinb prescriptiondrug costs. The majority of public employers are expanding participantt education about drug optionsand costs, increasing copayments and/oer coinsurance for drugs and mandating the use of generic drugs, the survey found.
Wednesday, September 29, 2010
Tuesday, September 28, 2010
Disney Preserve carbon study launched - Minneapolis / St. Paul Business Journal:
http://www.ferma-asso.org/4-6.html
The study is viewed as a vital step toward determining how to calculater carbon credits forany cap-and-trads program. The federal government would first set a limit on the volums of emissions that can be producedx acrossthe U.S. in a given year and then granyt tradablefederal permits, called “allowances,” to coveredr entities for each ton of CO2 emitted. The intention is to encouragew firms to discover cheap methods to cut emission whil e allowing those with no easy means to reduce pollution to buy The system could allow landowners to sell carbo n credits to companies wishing to show they are makingv efforts to reduce theircarbonb footprint.
This comes on the heel of a passages of a climate change bill bythe U.S Houser Energy and Commerce Committee requiring a 17 percent reductioj in greenhouse emission by 2020 and to set up a cap-and-trade The bill is expected to come before the U.S. House by late “When we’re done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstoring carbon, releasingt carbon or doing both under variouzs environmental conditions,” said Ross UCF biologist and professor on the project, in a preparee statement.
“Then we can develop a reliable, quantifiable modeo for calculating carbon storagwe innatural ecosystems,” Disney Wilderness, located in southwesterj Osceola County, was originally created in 1993 to mitigatse wetlands lost to development of . Wetlands cover aboutt 2,550 acres and the site is home to 14 documentefd and 12 unconfirmed protecteed species of birdsand other.
The study is viewed as a vital step toward determining how to calculater carbon credits forany cap-and-trads program. The federal government would first set a limit on the volums of emissions that can be producedx acrossthe U.S. in a given year and then granyt tradablefederal permits, called “allowances,” to coveredr entities for each ton of CO2 emitted. The intention is to encouragew firms to discover cheap methods to cut emission whil e allowing those with no easy means to reduce pollution to buy The system could allow landowners to sell carbo n credits to companies wishing to show they are makingv efforts to reduce theircarbonb footprint.
This comes on the heel of a passages of a climate change bill bythe U.S Houser Energy and Commerce Committee requiring a 17 percent reductioj in greenhouse emission by 2020 and to set up a cap-and-trade The bill is expected to come before the U.S. House by late “When we’re done setting everything up, we will be able to take data from the begin to understand whether this ecosystem isstoring carbon, releasingt carbon or doing both under variouzs environmental conditions,” said Ross UCF biologist and professor on the project, in a preparee statement.
“Then we can develop a reliable, quantifiable modeo for calculating carbon storagwe innatural ecosystems,” Disney Wilderness, located in southwesterj Osceola County, was originally created in 1993 to mitigatse wetlands lost to development of . Wetlands cover aboutt 2,550 acres and the site is home to 14 documentefd and 12 unconfirmed protecteed species of birdsand other.
Sunday, September 26, 2010
UTSA unveils inaugural Roadrunners football helmet - San Antonio Business Journal:
http://all-milwaukee.org/ALL_Basketball2010.html
The university has unveiled the helmet that its inaugurap team will wear on the gridironh beginningin 2011. What may once have seemed like an unattainablwe dream for some is nowvery real. UTSA Sportsa Information Director Kyle Stephene says the Roadrunners will sign their first recruiting classin February. The team will hold its first officiakl practices in the fallof 2010. The Roadrunnersd will not play their firsrt season of football until the fall of2011 — a non-conferenc e schedule of games. Stephens says the university is currentlgy working to fillthose dates.
Ohio-basesd designed the new Roadrunners logo and the Stephens says UTSA head football coach Larry Cokef had the final say in the helmet Stephens adds that licensed vendorw have worked up designds for replica Roadrunnersfootball jerseys. He says thoses jerseys should be available at area retailerx laterthis summer.
The university has unveiled the helmet that its inaugurap team will wear on the gridironh beginningin 2011. What may once have seemed like an unattainablwe dream for some is nowvery real. UTSA Sportsa Information Director Kyle Stephene says the Roadrunners will sign their first recruiting classin February. The team will hold its first officiakl practices in the fallof 2010. The Roadrunnersd will not play their firsrt season of football until the fall of2011 — a non-conferenc e schedule of games. Stephens says the university is currentlgy working to fillthose dates.
Ohio-basesd designed the new Roadrunners logo and the Stephens says UTSA head football coach Larry Cokef had the final say in the helmet Stephens adds that licensed vendorw have worked up designds for replica Roadrunnersfootball jerseys. He says thoses jerseys should be available at area retailerx laterthis summer.
Saturday, September 25, 2010
Downtown hospital talks revived - Phoenix Business Journal:
http://www.4x4autoclub.com/so-calif-offroad-charity-4x4-run-offroad-for-hope-iii
UA has been looking for a hospital partne ever since Banner Healt in January 2008 walked away from its plan to buil a hospital onthe campus. For UA has sent its medical school students from Tucson for clinical rotation sat MIHS’ Maricopa Medical Center, but the most recent discussions are to creatse a formal agreement. Betsey Bayless, CEO of confirmed those discussions weretakinyg place. She will be meeting with the MIHS boardf later this month to determine if members want her to move forwarxwith negotiations. The relationship would be similatr to the partnership announced this weekbetweejn St.
Joseph’s Hospital and Medicak Center and Creighton University School of Medicinein Omaha, Neb., which is an academic affiliation that will create a Creighton medicall school presence in Phoenix. St. Joseph’s will continue its affiliationm with the UA medical school as well as more than 20 othef medicalschools nationwide.
UA has been looking for a hospital partne ever since Banner Healt in January 2008 walked away from its plan to buil a hospital onthe campus. For UA has sent its medical school students from Tucson for clinical rotation sat MIHS’ Maricopa Medical Center, but the most recent discussions are to creatse a formal agreement. Betsey Bayless, CEO of confirmed those discussions weretakinyg place. She will be meeting with the MIHS boardf later this month to determine if members want her to move forwarxwith negotiations. The relationship would be similatr to the partnership announced this weekbetweejn St.
Joseph’s Hospital and Medicak Center and Creighton University School of Medicinein Omaha, Neb., which is an academic affiliation that will create a Creighton medicall school presence in Phoenix. St. Joseph’s will continue its affiliationm with the UA medical school as well as more than 20 othef medicalschools nationwide.
Thursday, September 23, 2010
Cincinnati State wins
http://justauto-insurance.net/auto-insurance/direct-auto-insurance/
The college plans to use the money over threre years to expandits green-related courses and work-force trainingv programs. It already offers certificat and associate degree programs inrenewable energy, sustainable design and the operatiomn of pollution control systems. “This grant recognize Cincinnati State’s commitment to help meet the needssof ‘green’ industries,” said Cincinnati State President John Henderson in a news release.
“Wed believe these industries can become a significant catalyst for growty in Southwestern Ohio and helpprovide high-quality The money will also support efforts by a consortium of employers, nonprofit organizations and governmental including: • The ability to transfer greemn course credits to other post-secondary schools, like the and Developing, along with UC’s Raymonsd Walters College, distance-learning and online learning programs for green energy and construction courses; Forging collaborative agreements with area career and vocationall high schools, along with outreach by the , the and TechSolves to identify potential students and help them with Part of the grant will supporty the new manufacturing Technology Small Business Developmentt Center at TechSolve, and also suppory a green business initiative through the Greatet Cincinnati Workforce Network, which is led by the , according to the
The college plans to use the money over threre years to expandits green-related courses and work-force trainingv programs. It already offers certificat and associate degree programs inrenewable energy, sustainable design and the operatiomn of pollution control systems. “This grant recognize Cincinnati State’s commitment to help meet the needssof ‘green’ industries,” said Cincinnati State President John Henderson in a news release.
“Wed believe these industries can become a significant catalyst for growty in Southwestern Ohio and helpprovide high-quality The money will also support efforts by a consortium of employers, nonprofit organizations and governmental including: • The ability to transfer greemn course credits to other post-secondary schools, like the and Developing, along with UC’s Raymonsd Walters College, distance-learning and online learning programs for green energy and construction courses; Forging collaborative agreements with area career and vocationall high schools, along with outreach by the , the and TechSolves to identify potential students and help them with Part of the grant will supporty the new manufacturing Technology Small Business Developmentt Center at TechSolve, and also suppory a green business initiative through the Greatet Cincinnati Workforce Network, which is led by the , according to the
Wednesday, September 22, 2010
Peco II narrows 4Q loss - Business First of Columbus:
http://www.chaliceuu.org/?p=1249
For the three months ended Dec. 31, the companyh said it lost $4 million, or 15 cent s a share, compared with a loss of $5.1 or 24 cents a share, for the same perioxd a year earlier. Sales dropped 21.9 percenty to $7.4 million, from $9.5 millionm in the fourth quarterof 2005. Unabsorbed production costs, noncash impairment charges and expensesd relatedto Peco's equity deal with Taiwanese manufacturetr , among other costs, dented fourtn quarter results by $2.2 the company said. Through its deal with Delta, which occurrec a year ago, the Taiwanese company became Peco's largesf shareholder with an 18 percent stake inthe Galion-based company.
And in return for the equity Delta gave Peco exclusive Nortgh American distribution rights forits products, which includes visual displays and computer networking equipment. For the Peco's loss deepened to $8 or 31 cents a on sales of $34.q million. In 2005, the company reportexd a loss of $6.8 or 32 cents a share, on sales of $31.1 Peco (NASDAQ:PIII) provides engineering and installation services and makesa communications power systems and equipmenyt for thetelecommunications industry.
For the three months ended Dec. 31, the companyh said it lost $4 million, or 15 cent s a share, compared with a loss of $5.1 or 24 cents a share, for the same perioxd a year earlier. Sales dropped 21.9 percenty to $7.4 million, from $9.5 millionm in the fourth quarterof 2005. Unabsorbed production costs, noncash impairment charges and expensesd relatedto Peco's equity deal with Taiwanese manufacturetr , among other costs, dented fourtn quarter results by $2.2 the company said. Through its deal with Delta, which occurrec a year ago, the Taiwanese company became Peco's largesf shareholder with an 18 percent stake inthe Galion-based company.
And in return for the equity Delta gave Peco exclusive Nortgh American distribution rights forits products, which includes visual displays and computer networking equipment. For the Peco's loss deepened to $8 or 31 cents a on sales of $34.q million. In 2005, the company reportexd a loss of $6.8 or 32 cents a share, on sales of $31.1 Peco (NASDAQ:PIII) provides engineering and installation services and makesa communications power systems and equipmenyt for thetelecommunications industry.
Monday, September 20, 2010
Sunday, September 19, 2010
Seniors should be wary of annuities offerings - Minneapolis / St. Paul Business Journal:
aleshnikovenil.blogspot.com
Tough economic times and an aging population are conspiring to floofd mailboxes with offers of freeluncgh seminars, many of them pushing investmen t vehicles such as annuities. The ads may be the speakers persuasive and the food but you better hang on toyour wallet, your checkbooki and your life savings. They’re all at Annuities are a legitimate financialtool that’d just not for everyone. They are contracta typically sold by lifeinsurance companies, usually through agentes who are often paid very generou commissions. In return for making a payment or payments to an the company agrees to make periodic paymentsto you, startingf at a future date. But don’f be fooled.
The salesperson is hardlyu a disinterested party. If you need sound financial advice, you’re in dangerous territory when receiving it from someone who has a financial staked in selling youa product. All he or she needds to do is get one person to sign on thedottedx line, and presto. They’vr paid for your lunch and everyone It’s like hunting on a baited The American Association of Retirecd People recently asked some of its members in Texae about their experiences with the purchaserof annuities. We received many heartbreaking stories. Hidden excessive surrender charges and slick salea pitches that deceive trusting buyers were among the mostcommonm complaints.
People are losing and they are angry. George a retired Baptist ministerfrom Dallas, told us he saw $18,0009 of his savings evaporatwe in the past 12 Pat Williams, a Houston said that since she retireed six years ago, “annuity peddlers have been swarming like flooding her mailbox with invitations to free steal dinners. Properly used, annuities can provides a lifetime streamof income. They may make sense for youngefr people. They are not, always a good fit for seniorsz who may not live long enough to reap the particularly when they are not told how the productws are designed or what theirtermes are.
Sales of individual annuitiez to seniors are increasing at adramatic pace, up 12 perceng from 2005 to 2006. As sales increase, so do the numbe of consumer complaints. The Texas Department of Insurancew is reporting a large number of complaints resulting from the saleof Let’s protect seniors and investors generally from beinyg separated from their hard-earned After all, there reallyg is no free
Tough economic times and an aging population are conspiring to floofd mailboxes with offers of freeluncgh seminars, many of them pushing investmen t vehicles such as annuities. The ads may be the speakers persuasive and the food but you better hang on toyour wallet, your checkbooki and your life savings. They’re all at Annuities are a legitimate financialtool that’d just not for everyone. They are contracta typically sold by lifeinsurance companies, usually through agentes who are often paid very generou commissions. In return for making a payment or payments to an the company agrees to make periodic paymentsto you, startingf at a future date. But don’f be fooled.
The salesperson is hardlyu a disinterested party. If you need sound financial advice, you’re in dangerous territory when receiving it from someone who has a financial staked in selling youa product. All he or she needds to do is get one person to sign on thedottedx line, and presto. They’vr paid for your lunch and everyone It’s like hunting on a baited The American Association of Retirecd People recently asked some of its members in Texae about their experiences with the purchaserof annuities. We received many heartbreaking stories. Hidden excessive surrender charges and slick salea pitches that deceive trusting buyers were among the mostcommonm complaints.
People are losing and they are angry. George a retired Baptist ministerfrom Dallas, told us he saw $18,0009 of his savings evaporatwe in the past 12 Pat Williams, a Houston said that since she retireed six years ago, “annuity peddlers have been swarming like flooding her mailbox with invitations to free steal dinners. Properly used, annuities can provides a lifetime streamof income. They may make sense for youngefr people. They are not, always a good fit for seniorsz who may not live long enough to reap the particularly when they are not told how the productws are designed or what theirtermes are.
Sales of individual annuitiez to seniors are increasing at adramatic pace, up 12 perceng from 2005 to 2006. As sales increase, so do the numbe of consumer complaints. The Texas Department of Insurancew is reporting a large number of complaints resulting from the saleof Let’s protect seniors and investors generally from beinyg separated from their hard-earned After all, there reallyg is no free
Friday, September 17, 2010
CEOs take on White House initiative to drive tech education - CNET
ivanqukeafelovo.blogspot.com
Moneycontrol.com | CEOs take on White House initiative to drive tech education CNET A new organization led by major CEOs is hoping to make the US more competitive around the world by putting the focus on education. ... Honeywell Joins Change the Equation to Solve America's Innovation Problem Obama Touts STEM Education Report, New Initiatives President Obama Expands “Educate to Innovate†|
Thursday, September 16, 2010
Big backers aim to build local banks - Dallas Business Journal:
guslyarovalite.blogspot.com
The practice has netted millions for Texas bank CEOs and theidrlocal investors. Now, big institutional investors are following the samegame plan. Insteads of starting another bank, former bank CEO Nigelp Harrison instead chose to build a banking companycallee , backed by institutional funding, that aims to builfd a string of medium-sized community bank franchises. That'ss a common achievement for the big-bank operations when they arrivre in anew marketplace, but FC, the parent operatiom of , is trying to build a network of locap operations. It opened its secone office, at Coit Road and Interstate 635 inNorthg Dallas, on March 3. Harrison's FC Holdingz Inc.
aims to open a half-dozen Dallas bank officee in the first halfof 2008. "Wed provide the capital and back and they get the opportunity to go out and do what they do said Harrison, who sold a prior institutio called to for $123 millioj in 2005. In addition to his own moneg andlocal investors, FC Holdings landed a $150 million commitment from , a New York City privatwe equity firm. FC Holdingse used the first $75 million of that deal to acquirewFirst , in the town of Crockett, last "As I can testify myself, raising monehy is hard work," said Jim a former bank CEO and senior managing directo r of Commerce Street Capital in "Once (Harrison) got JLL, that's it.
He'as got his money tied While they can provid more capital inone shot, institutions are more likelh to push bankers for an exit strategy than individuao investors, Gardner said. Gardner's Commerce Street is an institutional investor in 28 communityu banksin Texas, California, Soutyh Carolina and other states. In most the former boss goes with thebank that'x sold. In time, he chafes at beiny part of a larger organization and leaves to starranother bank.
That is what led Gerold at age 62, to start instead of Hooker was CEOof , whichn sold in 2002 to and has grownm by acquisition to be the 12th biggestg bank in the In starting the new bank, Hooker said it was good to "getr away from the institutional feel and a cookie-cutter Hooker's new institution, Bank of Las Colinas, raisef $8 million in start-up capital, with 51% cominbg from Michigan-based (NYSE: CBC), which has backed 62 communituy bank startups, mostly in the Midwest, Southwesg and California. Hooker and his No. 2 man, Brad chief credit officer, could have raised the money fromlocal investors, but Capitol Bancorp bringw administrative support in addition to its $4.
08 millionn to the table. "The value is that back-rookm operation. They handle legal, accountint HR, all that stuff that's not Tidwell said. "The fun part is taking care of customersx anddoing deals. That's what we want to focux on." His first two Texas ventures, Las Colinase and Bank of Fort Bend, got starterd in December. Las Colinas officially opened forbusinessw Dec. 13 and finished the year with $11.4 millionn in total assets, including $9.7 millioj in net loans and leases.
Localk bank chiefs in Texas are able to sell and star over because big banks must have a structurethat doesn'f allow for the same agility and customer service that locallyg owned banks offer, Harrison said. Big local bank s run into thatas well.
The practice has netted millions for Texas bank CEOs and theidrlocal investors. Now, big institutional investors are following the samegame plan. Insteads of starting another bank, former bank CEO Nigelp Harrison instead chose to build a banking companycallee , backed by institutional funding, that aims to builfd a string of medium-sized community bank franchises. That'ss a common achievement for the big-bank operations when they arrivre in anew marketplace, but FC, the parent operatiom of , is trying to build a network of locap operations. It opened its secone office, at Coit Road and Interstate 635 inNorthg Dallas, on March 3. Harrison's FC Holdingz Inc.
aims to open a half-dozen Dallas bank officee in the first halfof 2008. "Wed provide the capital and back and they get the opportunity to go out and do what they do said Harrison, who sold a prior institutio called to for $123 millioj in 2005. In addition to his own moneg andlocal investors, FC Holdings landed a $150 million commitment from , a New York City privatwe equity firm. FC Holdingse used the first $75 million of that deal to acquirewFirst , in the town of Crockett, last "As I can testify myself, raising monehy is hard work," said Jim a former bank CEO and senior managing directo r of Commerce Street Capital in "Once (Harrison) got JLL, that's it.
He'as got his money tied While they can provid more capital inone shot, institutions are more likelh to push bankers for an exit strategy than individuao investors, Gardner said. Gardner's Commerce Street is an institutional investor in 28 communityu banksin Texas, California, Soutyh Carolina and other states. In most the former boss goes with thebank that'x sold. In time, he chafes at beiny part of a larger organization and leaves to starranother bank.
That is what led Gerold at age 62, to start instead of Hooker was CEOof , whichn sold in 2002 to and has grownm by acquisition to be the 12th biggestg bank in the In starting the new bank, Hooker said it was good to "getr away from the institutional feel and a cookie-cutter Hooker's new institution, Bank of Las Colinas, raisef $8 million in start-up capital, with 51% cominbg from Michigan-based (NYSE: CBC), which has backed 62 communituy bank startups, mostly in the Midwest, Southwesg and California. Hooker and his No. 2 man, Brad chief credit officer, could have raised the money fromlocal investors, but Capitol Bancorp bringw administrative support in addition to its $4.
08 millionn to the table. "The value is that back-rookm operation. They handle legal, accountint HR, all that stuff that's not Tidwell said. "The fun part is taking care of customersx anddoing deals. That's what we want to focux on." His first two Texas ventures, Las Colinase and Bank of Fort Bend, got starterd in December. Las Colinas officially opened forbusinessw Dec. 13 and finished the year with $11.4 millionn in total assets, including $9.7 millioj in net loans and leases.
Localk bank chiefs in Texas are able to sell and star over because big banks must have a structurethat doesn'f allow for the same agility and customer service that locallyg owned banks offer, Harrison said. Big local bank s run into thatas well.
Tuesday, September 14, 2010
Sendmail pushes the
stelauguqdinec.blogspot.com
Founded in 1998 by Eric Allman, Emeryville-basedr Sendmail Inc. was, until a small email service company that missed the opportunity to cash in on the spam and viruasprotection craze. But in the company brought in security industry veterajn Don Massaro tobe CEO. Allman, the authord of a pathbreaking and widespread open sourcd software long used by many larges companies fordelivering email, continuerd as the company’s chief At Massaro’s urging, Sendmail then developesd a message-processing appliance for handling outgoing as well as incoming emai l to prevent a theftg or leakage of company information, or a violation of data handlingf policies by employees.
Almost instantly, product revenue jumpexd to $32 million in 2008 from $23 million in 2007 and $15 million in 2006, and the trend has continued into this The company has400 customers, including 10 new Fortune 500 customers addedc in 2008. Sendmail, which has been cash flow positivr for the lasttwo years, had a strongh first quarter, with an annual run rate of $40 Due to the recession, however, Massaro is cautiouslhy predicting growth of 30 percent for the whol year. The company has 120 including 50in Emeryville, 50 in salez offices around the United States, Europe and Japanh and 20 doing development work in Goa, India.
Sendmail has no plana to hire this year but is anticipating significantf hiringin 2010. Massaro said he would like to expane his sales andmarketinhg team, but the credit crisiw has made capital too hard to get. The company is talkingb with venture capitalists, he “In spite of the economy, we’vs been on quite a roll thesee last two and ahalf years,” Massarpo said. “We have been doinh really, really well.
” Sendmail now has a blue chip list of public and private industry clients for itsvariouas products, including Credit Suisse, JP Morgan Chase, Wells Fargo, Charles Schwab, Gap and Demand for updated email systems has been particularly stron g among financial services companies, driven in part by both regulatorty requirements and mergers and acquisitions that requirer integration of vast databases, Massaro said.
The upswing in businesws has Sendmail on a trajectorhy that should have beenits “birthright,” given that Allman wrotd open source email transfer software that has becoms ubiquitous while a graduate student at the University of Berkeley, in the 1980s, said Gartner analyst Mattheqw Cain. For years, Allman tended to his creationn through a nonprofit opensource foundation, before deciding in the late 1990s to set up a for-profitt operation as well. Today, open source and commerciaol versions of Sendmail technology are founsd on over 35 percent of allInterneyt servers, and deliver over 65 percent of the emailo messages sent worldwide, the company says.
“If any companuy was well positioned to move into that space as demand startedramping up, it would have been Cain said. But the company was late to marketwith anti-virus and encryption products, he said. Before Sendmail, Massaro was CEO and co-founder at , a data security company that was acquireeby McAfee. Previously, Massaro was also a founder and CEOof , whichh was acquired by IBM in 1991. Bill an analyst with in Utah, said the email processing industryh is dominated by IBMand Microsoft, and is gettingy more competitive as they and other tech giants, including develop collaborative platforms that include email, instant messaging, videi conferencing and other tools.
Cisco, for which already owned WebEx for videi communications and Ironportfor “email hygiene,” bought Postpath, an emaikl delivery company, at the end of August, and in Novembefr bought Jabber, an instangt messaging provider.
Founded in 1998 by Eric Allman, Emeryville-basedr Sendmail Inc. was, until a small email service company that missed the opportunity to cash in on the spam and viruasprotection craze. But in the company brought in security industry veterajn Don Massaro tobe CEO. Allman, the authord of a pathbreaking and widespread open sourcd software long used by many larges companies fordelivering email, continuerd as the company’s chief At Massaro’s urging, Sendmail then developesd a message-processing appliance for handling outgoing as well as incoming emai l to prevent a theftg or leakage of company information, or a violation of data handlingf policies by employees.
Almost instantly, product revenue jumpexd to $32 million in 2008 from $23 million in 2007 and $15 million in 2006, and the trend has continued into this The company has400 customers, including 10 new Fortune 500 customers addedc in 2008. Sendmail, which has been cash flow positivr for the lasttwo years, had a strongh first quarter, with an annual run rate of $40 Due to the recession, however, Massaro is cautiouslhy predicting growth of 30 percent for the whol year. The company has 120 including 50in Emeryville, 50 in salez offices around the United States, Europe and Japanh and 20 doing development work in Goa, India.
Sendmail has no plana to hire this year but is anticipating significantf hiringin 2010. Massaro said he would like to expane his sales andmarketinhg team, but the credit crisiw has made capital too hard to get. The company is talkingb with venture capitalists, he “In spite of the economy, we’vs been on quite a roll thesee last two and ahalf years,” Massarpo said. “We have been doinh really, really well.
” Sendmail now has a blue chip list of public and private industry clients for itsvariouas products, including Credit Suisse, JP Morgan Chase, Wells Fargo, Charles Schwab, Gap and Demand for updated email systems has been particularly stron g among financial services companies, driven in part by both regulatorty requirements and mergers and acquisitions that requirer integration of vast databases, Massaro said.
The upswing in businesws has Sendmail on a trajectorhy that should have beenits “birthright,” given that Allman wrotd open source email transfer software that has becoms ubiquitous while a graduate student at the University of Berkeley, in the 1980s, said Gartner analyst Mattheqw Cain. For years, Allman tended to his creationn through a nonprofit opensource foundation, before deciding in the late 1990s to set up a for-profitt operation as well. Today, open source and commerciaol versions of Sendmail technology are founsd on over 35 percent of allInterneyt servers, and deliver over 65 percent of the emailo messages sent worldwide, the company says.
“If any companuy was well positioned to move into that space as demand startedramping up, it would have been Cain said. But the company was late to marketwith anti-virus and encryption products, he said. Before Sendmail, Massaro was CEO and co-founder at , a data security company that was acquireeby McAfee. Previously, Massaro was also a founder and CEOof , whichh was acquired by IBM in 1991. Bill an analyst with in Utah, said the email processing industryh is dominated by IBMand Microsoft, and is gettingy more competitive as they and other tech giants, including develop collaborative platforms that include email, instant messaging, videi conferencing and other tools.
Cisco, for which already owned WebEx for videi communications and Ironportfor “email hygiene,” bought Postpath, an emaikl delivery company, at the end of August, and in Novembefr bought Jabber, an instangt messaging provider.
Monday, September 13, 2010
Idea Integration to offer Microsoft stimulus package - The Business Journal of the Greater Triad Area:
tulusenoveb.blogspot.com
Idea Integration is one of six companies inthe U.S. chosen by to offerf Microsoft Stimulus360. “They’ve cobblef together a lot of Microsofft technology as a solution that can drop into a system and immediatelyg track stimulus dollars and apply forstimuluw dollars,” said Sandy Bateh, a senior vice president at Idea Integrationn and the company’s Microsoft alliance The package is aimed at state and locao governments trying to get their share of the stimuluds money and to tracok its use.
Idea Integration and the other five companiezs offering the package were chosen because of their familiarityg with all of the applications inthe “You have to understanfd the five underlying pieces of the technology,” Bateyh said. Idea Integration will be competing with the other five companiee forgovernment clients. Bateh said the most promising sector islocaol governments, since most of the stimulus money ultimateluy gets spent at that level. Batehy said the alliance with Microsoft givex Idea Integration a chance to landnew “It’s a great opportunityg for companies like us because it gives anothefr entry, it’s a door-opener,” he said.
Idea Integration is one of six companies inthe U.S. chosen by to offerf Microsoft Stimulus360. “They’ve cobblef together a lot of Microsofft technology as a solution that can drop into a system and immediatelyg track stimulus dollars and apply forstimuluw dollars,” said Sandy Bateh, a senior vice president at Idea Integrationn and the company’s Microsoft alliance The package is aimed at state and locao governments trying to get their share of the stimuluds money and to tracok its use.
Idea Integration and the other five companiezs offering the package were chosen because of their familiarityg with all of the applications inthe “You have to understanfd the five underlying pieces of the technology,” Bateyh said. Idea Integration will be competing with the other five companiee forgovernment clients. Bateh said the most promising sector islocaol governments, since most of the stimulus money ultimateluy gets spent at that level. Batehy said the alliance with Microsoft givex Idea Integration a chance to landnew “It’s a great opportunityg for companies like us because it gives anothefr entry, it’s a door-opener,” he said.
Saturday, September 11, 2010
Keep taxes low on middle class to boost consumer spending - Boston Globe
awipekyhila.blogspot.com
New York Times (blog) | Keep taxes low on middle class to boost consumer spending Boston Globe ... tax cuts for the wealthiest Americans for another year or two, Obama ought to grit his teeth and pay this GOP price for protecting middle-class tax cuts. Obama: Republicans, Democrats Agree On Tax Cuts For Middle Class |
Friday, September 10, 2010
Delta pilots union OKs buyout plan - Atlanta Business Chronicle:
http://www.ppbr.net/index.php?s=D&c=489
In a Wednesday memo to pilots, Delta pilotzs union chairman Lee Moak said eligiblre pilots who elect to retire couldx receive up to nine month pay and benefitx as part ofan early-exit program. Delt and its subsidiary have acombined 12,000 Delta has not said how many pilots it needx to cut. “Delta continuezs to take every step possible to avoide involuntary reductions of frontline employees as a resulr of currenteconomic conditions," Delta spokeswomanj Susan Chana Elliott said in an e-mail "In addition to the voluntary programsa previously offered to other employees, Delta is offerinfg a voluntary retirement prograjm to our pilots.
” Earlier this Moak said Atlanta-based Delta (NYSE: DAL) had approached the uniomn with a proposal for an early-exit plan for an unspecifie number of pilots. To be pilots have to have at least 10 years of service asof Dec. 31, and theitr service and age added togethee mustequal 55. The enrollment window will last between June 1 andJuly 15. Pilotw with 20 years or more of servic e will be eligible for nine months severancew pay at 75 pay hours per Pilots with less than 20 yeares will be eligible for six months severance at 75 pay hours per Pilots opting or retiree or COBR healthcare plans will receive 100 percent coverage paid by Delts forthree months, which will convert to retiree coverage under union rules.
Pilotsa will also be eligible for travel andother benefits. Moak said in the Wednesda y memo that Delta expectsall early-retiremenr enrollees to leave the company by year end, but Delts will have the authority to keep pilots throughb May 31, 2010, “basedf on operational needs.” Airlines across the globe have struggleds to match capacity with declining demand in the wake of the Delta and other U.S. carriers have slashed domestic and internationa capacity as demandhas waned, and Delta has previously announced plans to cut additional 7 percenr to 9 percent of its international capacity starting in September. Delta’s passengert traffic dropped 7.
7 percent in April compared to April but load factors generallyleveled out. Delta has cut abouf 6,500 jobs throughout the company through voluntarhy buyouts andearly retirements, but pilots have not previouslt been included in earlier job reduction programs. About 2,50o employees who opted for the latesft buyout program are set to leave Delta aftere the busy summertravelp season, airline officials have said.
In a Wednesday memo to pilots, Delta pilotzs union chairman Lee Moak said eligiblre pilots who elect to retire couldx receive up to nine month pay and benefitx as part ofan early-exit program. Delt and its subsidiary have acombined 12,000 Delta has not said how many pilots it needx to cut. “Delta continuezs to take every step possible to avoide involuntary reductions of frontline employees as a resulr of currenteconomic conditions," Delta spokeswomanj Susan Chana Elliott said in an e-mail "In addition to the voluntary programsa previously offered to other employees, Delta is offerinfg a voluntary retirement prograjm to our pilots.
” Earlier this Moak said Atlanta-based Delta (NYSE: DAL) had approached the uniomn with a proposal for an early-exit plan for an unspecifie number of pilots. To be pilots have to have at least 10 years of service asof Dec. 31, and theitr service and age added togethee mustequal 55. The enrollment window will last between June 1 andJuly 15. Pilotw with 20 years or more of servic e will be eligible for nine months severancew pay at 75 pay hours per Pilots with less than 20 yeares will be eligible for six months severance at 75 pay hours per Pilots opting or retiree or COBR healthcare plans will receive 100 percent coverage paid by Delts forthree months, which will convert to retiree coverage under union rules.
Pilotsa will also be eligible for travel andother benefits. Moak said in the Wednesda y memo that Delta expectsall early-retiremenr enrollees to leave the company by year end, but Delts will have the authority to keep pilots throughb May 31, 2010, “basedf on operational needs.” Airlines across the globe have struggleds to match capacity with declining demand in the wake of the Delta and other U.S. carriers have slashed domestic and internationa capacity as demandhas waned, and Delta has previously announced plans to cut additional 7 percenr to 9 percent of its international capacity starting in September. Delta’s passengert traffic dropped 7.
7 percent in April compared to April but load factors generallyleveled out. Delta has cut abouf 6,500 jobs throughout the company through voluntarhy buyouts andearly retirements, but pilots have not previouslt been included in earlier job reduction programs. About 2,50o employees who opted for the latesft buyout program are set to leave Delta aftere the busy summertravelp season, airline officials have said.
Wednesday, September 8, 2010
SunTrust to raise $1.4 billion in stock offer - Pittsburgh Business Times:
http://www.clasione.com/authors/author-1398.html
billion through a stock offeringb to boost its capital to meet federallgovernment requirements, the Atlanta-based bank said Monday. The Atlanta-basefd bank wants to sell 108 millioj sharesat $13 a In relation to the offering, SunTrust STI) suspended its previously announced $1.25 billion “at the offer, which raised $260 million. Further, SunTrusty began an offer to buy upto $1 billio liquidation preference or amount of certain of its currently outstanding preferred and hybrid securitiee for cash using proceeds from the $1.4 billionn equity offering. The moves come after the federal government’s “stres s test” found SunTrust needed to raise $2.2 billio n in capital.
And while SunTrusr had sufficient tier 1 capital to absorbh projectedloan losses, its capital “tilted too to sources other than common equity, the stress test After completing the offerings announced Monda y and prior, SunTrust expects to have fully satisfied its "Today's announcement underscores that we are on a cleard path to achieve our previously announcefd capital objectives as we intensifgy our focus on the future," said Jame M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company'ds capital-related initiatives will boost its ability to repay, upon regulatoryy approval and at the appropriate time, preferred stock gotten through participation in the U.S. Treasury's Capitakl Purchase Plan.
billion through a stock offeringb to boost its capital to meet federallgovernment requirements, the Atlanta-based bank said Monday. The Atlanta-basefd bank wants to sell 108 millioj sharesat $13 a In relation to the offering, SunTrust STI) suspended its previously announced $1.25 billion “at the offer, which raised $260 million. Further, SunTrusty began an offer to buy upto $1 billio liquidation preference or amount of certain of its currently outstanding preferred and hybrid securitiee for cash using proceeds from the $1.4 billionn equity offering. The moves come after the federal government’s “stres s test” found SunTrust needed to raise $2.2 billio n in capital.
And while SunTrusr had sufficient tier 1 capital to absorbh projectedloan losses, its capital “tilted too to sources other than common equity, the stress test After completing the offerings announced Monda y and prior, SunTrust expects to have fully satisfied its "Today's announcement underscores that we are on a cleard path to achieve our previously announcefd capital objectives as we intensifgy our focus on the future," said Jame M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company'ds capital-related initiatives will boost its ability to repay, upon regulatoryy approval and at the appropriate time, preferred stock gotten through participation in the U.S. Treasury's Capitakl Purchase Plan.
Tuesday, September 7, 2010
Developer, firm give time and funds to aid villages in Africa - Minneapolis / St. Paul Business Journal:
http://www.itnextcode.co.uk/index.php?s=D&c=445
These efforts are part of the Sierra LeonedPlymouth Partnership, founded by the real estate executive, whichh has brought about $100,000 of aid into three Sierra Leone villages every year since 2006. But Hall isn’t interested in merely donating funds to a developing He spends two weeks in Sierra Leonee each year planning how the money will be looking ahead to the next phasde of efforts andforming long-lasting “You can’t just build a water well and Hall said. “It’s about creating a modek for using these funds that will make thevillagesw self-sustaining.
” Hall’s history with Sierra Leone began in when he spent two years volunteerinh with the in the villaged of Jokibu. Shortly after Hall returned to theUnitedf States, the village was destroyed during a decade-long civilo war that displaced 2 million people. Whilwe order has been slowly restored in the West Africanh nation since the war ended in a return trip for Hall in 2004 showedd him that Jokibu and surrounding villages were still lackiny the basic assistance they needed to get back ontheire feet.
These efforts are part of the Sierra LeonedPlymouth Partnership, founded by the real estate executive, whichh has brought about $100,000 of aid into three Sierra Leone villages every year since 2006. But Hall isn’t interested in merely donating funds to a developing He spends two weeks in Sierra Leonee each year planning how the money will be looking ahead to the next phasde of efforts andforming long-lasting “You can’t just build a water well and Hall said. “It’s about creating a modek for using these funds that will make thevillagesw self-sustaining.
” Hall’s history with Sierra Leone began in when he spent two years volunteerinh with the in the villaged of Jokibu. Shortly after Hall returned to theUnitedf States, the village was destroyed during a decade-long civilo war that displaced 2 million people. Whilwe order has been slowly restored in the West Africanh nation since the war ended in a return trip for Hall in 2004 showedd him that Jokibu and surrounding villages were still lackiny the basic assistance they needed to get back ontheire feet.
Sunday, September 5, 2010
Former SIUE employee indicted for fraud - St. Louis Business Journal:
http://4uv7.com/en/exercise-and-meditation/page_15.html
Korey Rush, 39, of Swansea, the former assistant program director in the federallyhfunded “Talent Search” was charged with fraud, misapplicatiob of funds from programs receiving federal funds and obstructing justice by tamperinfg with a witness. The indictmen t charges that federal grant funds were used to buygift electronics, alcoholic beverages, groceries and other consumer goods. Rush was also chargex with encouraging a witness to provide false information to investigatores in order to conceal the fact that heauthorizes $8,000 in payments to the witnesw for services that were never performed. He faces imprisonmenf and fines.
The university's TRIO Programs, a group of federally funded initiatives offered throughthe , providde educational opportunities and outreach for disadvantaged The Talent Search portion of the TRIO Programsx is a college preparatory program for middle and high schoolp students. “We will continuer to work with the andthe U.S. attorney'ds office during this process," SIUE Provost Paul Fergusobn said ina statement. “SIUE’w East St. Louis Center has successfully operated U.S. Department of Education grant-funded TRIO programs for approximatelyg30 years. Guided by a mission of SIUE has demonstrateda long-term commitment to the St.
Louisd Metro-East region by providing TRIO programz for the benefit ofthe region’s low income children.”
Korey Rush, 39, of Swansea, the former assistant program director in the federallyhfunded “Talent Search” was charged with fraud, misapplicatiob of funds from programs receiving federal funds and obstructing justice by tamperinfg with a witness. The indictmen t charges that federal grant funds were used to buygift electronics, alcoholic beverages, groceries and other consumer goods. Rush was also chargex with encouraging a witness to provide false information to investigatores in order to conceal the fact that heauthorizes $8,000 in payments to the witnesw for services that were never performed. He faces imprisonmenf and fines.
The university's TRIO Programs, a group of federally funded initiatives offered throughthe , providde educational opportunities and outreach for disadvantaged The Talent Search portion of the TRIO Programsx is a college preparatory program for middle and high schoolp students. “We will continuer to work with the andthe U.S. attorney'ds office during this process," SIUE Provost Paul Fergusobn said ina statement. “SIUE’w East St. Louis Center has successfully operated U.S. Department of Education grant-funded TRIO programs for approximatelyg30 years. Guided by a mission of SIUE has demonstrateda long-term commitment to the St.
Louisd Metro-East region by providing TRIO programz for the benefit ofthe region’s low income children.”
Saturday, September 4, 2010
Study: Some CFOs will have Houston jobs to fill in the third quarter - Houston Business Journal:
http://91ud.com/article/Misunderstandings-About-Depression.html
New figures from ’s Financial Hirinyg Index show that 8 percent of area chiefg financial officers plan to add stafft during the third quarter while 6 percenft anticipatestaff reductions. The net 2 percent is down two pointws fromthe second-quarter forecast, but five points highere than the national average. Results reflect a two-quarter rolling averagde based on interviews with 200 random CFOs in the Houston area with 20 or more Overall 1,400 CFOs were surveyed for national figures, with 5 percent saying they plan to add full-time employees and 8 percent expecting to downsize theitr staff.
Most executives (85 percent) reportec a desire to maintain current stafc levels for the nextthree months. Across the Unitee States, 26 percent of CFOs said accounting positions are the most difficulgtto fill, and 23 percent said they experience the greatestr challenges hiring for audit roles.
New figures from ’s Financial Hirinyg Index show that 8 percent of area chiefg financial officers plan to add stafft during the third quarter while 6 percenft anticipatestaff reductions. The net 2 percent is down two pointws fromthe second-quarter forecast, but five points highere than the national average. Results reflect a two-quarter rolling averagde based on interviews with 200 random CFOs in the Houston area with 20 or more Overall 1,400 CFOs were surveyed for national figures, with 5 percent saying they plan to add full-time employees and 8 percent expecting to downsize theitr staff.
Most executives (85 percent) reportec a desire to maintain current stafc levels for the nextthree months. Across the Unitee States, 26 percent of CFOs said accounting positions are the most difficulgtto fill, and 23 percent said they experience the greatestr challenges hiring for audit roles.
Thursday, September 2, 2010
New Ford Taurus makes Milwaukee appearance - San Francisco Business Times:
http://www.flashgameplay.org/board_games/mahjongg_solitaire.html
A ruby red Taurus SHO and a more moderatelu priced Taurus LTD were on displat on the lots of in Wauwatosa and Griffim Fordin Waukesha. The vehicles also were displayed Monda in Madison and June 12 inGreen Bay. Writersw at Esquire said in the July issure that the Taurus SHOis “an affordablew American sedan that benchmarks not the Chevyg Impala or Hyundai Sonata but the Audi AG and BMW The Taurus SHO, which stands for Superf High Output, retails for about $38,0090 and includes a 356-horsepower, 3.5-liter turbo V-6 engine.
The 2008 Tauru s features an entirely new exterior andinterior design, Angi e Kozleski, ’s car communications manager, said in an interview The engine is built at a Ford planf in Cleveland; the car is assembled at Ford’ws Chicago plant. Ford executives decidedc to re-introduce the Taurus name, whicu had been retired in favor ofthe “500,” becausde of the brand equity, Kozleski said. “It’s important to use that,” she said. “We view it as our flagshipo sedan.
” The new Taurus will arrivew on dealer lotsin August, but customerz can pre-order the vehicle now and receive a $500 pre-orde r incentive, said John the manager of Uptown Ford Lincoln The base model Taurus price starts at $25,995 and the SHO startx at $37,995. The Taurus is the thired restyled Ford to hit dealef showrooms this year following the Fusion andthe Mustang, Pentler said. Stilo to come later this year isa seven-passengert crossover called the Lincoln MKT.
Althougb the new-vehicle market is suffering through a historically bad year and two American automaker s have filedfor bankruptcy, Ford executivesd note that their products have gained markett share in six of the past sevenj months, Kozleski said. Ford has benefitefd not only from the positive PR of not receiving government moneyu but also from positive reviews of itsnew “You can really attribute that to the new products we’ver been offering,” she said. “We’re hitting the markert at a difficult time but if you look at theproduct lineup, the consumer is noticing the quality and safetyu and fuel efficiency.
”
A ruby red Taurus SHO and a more moderatelu priced Taurus LTD were on displat on the lots of in Wauwatosa and Griffim Fordin Waukesha. The vehicles also were displayed Monda in Madison and June 12 inGreen Bay. Writersw at Esquire said in the July issure that the Taurus SHOis “an affordablew American sedan that benchmarks not the Chevyg Impala or Hyundai Sonata but the Audi AG and BMW The Taurus SHO, which stands for Superf High Output, retails for about $38,0090 and includes a 356-horsepower, 3.5-liter turbo V-6 engine.
The 2008 Tauru s features an entirely new exterior andinterior design, Angi e Kozleski, ’s car communications manager, said in an interview The engine is built at a Ford planf in Cleveland; the car is assembled at Ford’ws Chicago plant. Ford executives decidedc to re-introduce the Taurus name, whicu had been retired in favor ofthe “500,” becausde of the brand equity, Kozleski said. “It’s important to use that,” she said. “We view it as our flagshipo sedan.
” The new Taurus will arrivew on dealer lotsin August, but customerz can pre-order the vehicle now and receive a $500 pre-orde r incentive, said John the manager of Uptown Ford Lincoln The base model Taurus price starts at $25,995 and the SHO startx at $37,995. The Taurus is the thired restyled Ford to hit dealef showrooms this year following the Fusion andthe Mustang, Pentler said. Stilo to come later this year isa seven-passengert crossover called the Lincoln MKT.
Althougb the new-vehicle market is suffering through a historically bad year and two American automaker s have filedfor bankruptcy, Ford executivesd note that their products have gained markett share in six of the past sevenj months, Kozleski said. Ford has benefitefd not only from the positive PR of not receiving government moneyu but also from positive reviews of itsnew “You can really attribute that to the new products we’ver been offering,” she said. “We’re hitting the markert at a difficult time but if you look at theproduct lineup, the consumer is noticing the quality and safetyu and fuel efficiency.
”
Subscribe to:
Posts (Atom)