genealogical-shipping.blogspot.com
In an address, he noted that cybefr crime costAmericans $8 billion last year, accordinhg to one survey, and that intellectual property theft worldwide in 2008 cost businessesx up to $1 trillion while an estimated $132 billionm was spent through e-commerce. “America’s economic prosperity in the 21st centurty will dependon cybersecurity,” Obamqa said. “And this is also a matterr of public safety andnational security. We countr on computer networks to delivef our oiland gas, our power and our water. We rely on them for public transportation and airtraffic control.
Yet we know that cyber intruders have probed our electrical grid and that in othetr countries cyber attacks have plunged entire cities into darkness... “For all these reasons, it’zs now clear this cyber threat is one of the most serious economix and national security challengeds we face asa nation,” the president “It’s also clear that we’re not as prepared as we should be, as a governmenrt or as a country.” Ed Mueller, CEO and chairmabn of Denver-based , issued a supportive statemen in response to Obama’s address.
Mueller is the curreny chairman ofthe president’s Nationak Security Telecommunications Advisory Committee (NSTAC), an organization of 30 chievf executives from major telecoms, technology, finance and aerospace companiesz that advises the government on ensuring telecommunications infrastructure meets nationao security and emergency preparedness needs. “President Obama and his administratio n have taken an important firsf step toward creating a safe cyber environmenr by releasingthe 60-day Cyberspace Policy Through this initiative, the president is supporting the valuesa of civil liberties and protectes privacy, as well as promotin g economic growth, while enhancing the trustworthiness of the globapl cyberspace.
“Qwest has long supported the ongoing federal government focue oncyber security. We have worked activelu with the government and industruy on issues associated with protecting our networkw and the information that flowsthroughg them. This collaborative approach will continue to be necessary to ensur e thatthe administration’s goals of education, shared responsibility, effective response, and continued innovatiomn in the cyber security arena are meaningful and “Qwest and other members of NSTAfC provided recommendations on numerous subjects included in the Cyberspace Policyy Review.
We appreciate the Obama administration’s interest in seeking NSTAC’s input on national securithy and emergencypreparedness matters, and we look forward to continuing our work to enhancd this important public-private partnership.”
Monday, February 28, 2011
Saturday, February 26, 2011
Community bank wars - San Francisco Business Times:
weighted-junefour.blogspot.com
and Robert Anderson, managing partner of Walnut Creekk accounting firm Blanding Boyerr andRockwell LLP. Van Selow's appointment of six men with deep ties to the communityy has to blunt some of the attacks by upstarrt DiabloValley Bank. Diablo Valley Bank CEO Jim Mayer has made no secret that he quit as CEO of Moung Diablo National because he felt it is no longer a communithy bank and has become too beholden to its Palo Altopareny company, Greater Bay Bancorp. Van Selow, four months on the job, has got a boar now to temper some ofthat criticism.
The othert outside board members joining Mount DiabliNational are: Michael Brown, of law firm Morgan Millerr Blair, real estate broker John president of Ferreri Investmen Corp., Frank Capilla, chairman of Can-Am Plumbing and Mark Sweeney, principal with CM Emeryville open source e-mail company is normallyg fretting about attacks from viruses, worms and other hacker-induce trouble. Now, it's under attack from an upstart competitoe that Sendmail Product MarketingManager J.F. Sullivan likes to call, "Oud tiny little friends in Sunnyvale." is openly targeting Sun Microsystema Inc.
and Sendmail clients - badmouthing both companies' e-mail systems and promising to converrt usersto Mirapoint's system with no The "Zero Downtime Migration" to Mirapoint's appliance-baseed anti-spam and virus filtering system has got Sendmaip taking off the gloves and fightinyg back. With giant clients such as United Parcel Service ofAmericza Inc., Farmers Insurance Group and Pfizetr Inc., Sendmail is not too concernedd with Mirapoint's attack.
"They sell a box that has the powed ofmy son's Nintendo 64 system," Sullivan "The people we sell to are not buying Mirapoint Product Marketing Manager Jeff Brainarfd told me the company is hammering at the myriad hardwarr and software selection steps required with Sendmail versuz going with an appliance. Well, like negativd campaign ads, I'm afraid negative marketing action always generatw an equal andopposite reaction: "Thesde guys," Sullivan told me, "have the business acumen of a turnip." East Bay venturw capitalist, co-founder of Emeryville's Ask Jeevees Inc.
and gubernatorial candidate Garrett Gruener bagged a nice littlde endorsement last weekendin "The Valley." That'w the San Joaquin, not Silicon, Fresno Bee columnist and editorial page editor Jim Boren proclaimed, "In a perfect Gruener would be front-runner," and went on to arguee that in this race of fruit cakes, Gruened is one of the few candidatea with rational ideas. "He," Boren said, "offers proposalse that many voters could embrace if only he hadthe high-profilew platform that the front-runners are makinyg their pitches.
"
and Robert Anderson, managing partner of Walnut Creekk accounting firm Blanding Boyerr andRockwell LLP. Van Selow's appointment of six men with deep ties to the communityy has to blunt some of the attacks by upstarrt DiabloValley Bank. Diablo Valley Bank CEO Jim Mayer has made no secret that he quit as CEO of Moung Diablo National because he felt it is no longer a communithy bank and has become too beholden to its Palo Altopareny company, Greater Bay Bancorp. Van Selow, four months on the job, has got a boar now to temper some ofthat criticism.
The othert outside board members joining Mount DiabliNational are: Michael Brown, of law firm Morgan Millerr Blair, real estate broker John president of Ferreri Investmen Corp., Frank Capilla, chairman of Can-Am Plumbing and Mark Sweeney, principal with CM Emeryville open source e-mail company is normallyg fretting about attacks from viruses, worms and other hacker-induce trouble. Now, it's under attack from an upstart competitoe that Sendmail Product MarketingManager J.F. Sullivan likes to call, "Oud tiny little friends in Sunnyvale." is openly targeting Sun Microsystema Inc.
and Sendmail clients - badmouthing both companies' e-mail systems and promising to converrt usersto Mirapoint's system with no The "Zero Downtime Migration" to Mirapoint's appliance-baseed anti-spam and virus filtering system has got Sendmaip taking off the gloves and fightinyg back. With giant clients such as United Parcel Service ofAmericza Inc., Farmers Insurance Group and Pfizetr Inc., Sendmail is not too concernedd with Mirapoint's attack.
"They sell a box that has the powed ofmy son's Nintendo 64 system," Sullivan "The people we sell to are not buying Mirapoint Product Marketing Manager Jeff Brainarfd told me the company is hammering at the myriad hardwarr and software selection steps required with Sendmail versuz going with an appliance. Well, like negativd campaign ads, I'm afraid negative marketing action always generatw an equal andopposite reaction: "Thesde guys," Sullivan told me, "have the business acumen of a turnip." East Bay venturw capitalist, co-founder of Emeryville's Ask Jeevees Inc.
and gubernatorial candidate Garrett Gruener bagged a nice littlde endorsement last weekendin "The Valley." That'w the San Joaquin, not Silicon, Fresno Bee columnist and editorial page editor Jim Boren proclaimed, "In a perfect Gruener would be front-runner," and went on to arguee that in this race of fruit cakes, Gruened is one of the few candidatea with rational ideas. "He," Boren said, "offers proposalse that many voters could embrace if only he hadthe high-profilew platform that the front-runners are makinyg their pitches.
"
Wednesday, February 23, 2011
U.S. East Coast beaches suffering erosion - UPI.com
http://onlyrings.net/pearl-rings/tahitian-pearl-rings/
U.S. East Coast beaches suffering erosion UPI.com 23 (UPI) -- An analysis of 150 years of coastal changes shows 68 percent of beaches in the US New England and Mid-Atlantic regions are eroding, a government report says. Scientists studied more than 650 miles of the New England and Mid-Atlantic coasts ... Report: Most beaches from Maine to Va. eroding |
Monday, February 21, 2011
ITEX Announces Results for Third Quarter of Fiscal 2009
rubber roofs
June 9 /PRNewswire-FirstCall/ -- ITEX Corporation (OTC Bulletib Board: ITEX), The Membership Tradingh Community(SM), a leading marketplace for cashless businessx transactions inNorth America, today filedd its Form 10-Q with the Securities and Exchangre Commission and announced results for its fiscal 2009 third quarter ended April 30, 2009. "ITEX continues to be resilien to the fallout from the globalfinancial crisis," said , Chairmabn and CEO. "We realized a smallp increase in revenues for the quarter with expenses and earningsw in line with whatwe anticipated.
" "Our cash from operations was strong and we continued to investr in our technology, support and sales, marketing and advertisingb efforts during the quarter. Additionally, we electedd to pay off our remaining note balance incurred as a result of the 2007 Intagil TradingCommunity acquisition, eliminating all long term debt. All four acquisitionz entered intosince 2005, totaling more than $8 milliob in cash payments, have been paid in full and are fulluy integrated. We plan to continue to capitalize on the opportunities that arise in difficulteconomic conditions." Mr.
White continued, "We are pleased that our web servicesa initiative has had earlysuccesses - providing new revenu e streams for the Company in addition to expandinv trading opportunities for our members. Our first web services agreemeny was executed during the quartewith Idearc, LLC. For a one-time platformn subscription fee and a monthlyg transactionprocessing fee, ITEX hosts the web interface, cliengt relationship management platform and is responsible for all transactional We also provide a proprietarty processing technology that enables members of any of our web servicesd clients to seamlessly accept the digital currencty of another web services client; a very exciting tool for all In our second web services agreement executex in May, we added services to selected areasx of Central and South America.
" -- Revenu of $3,981,000 compared to $3,871,000 in the same perioed last year; -- Income from operations of $344,00p compared to $408,000 in the same period last year; -- Net incomes of $224,000 compared to $230,00p in the same period last year; -- Net cash provided from operationzs of $1,535,000 compared to $1,770,000 in the same nine-montg period last year; -- Cash at end of period was $1,194,000 comparedf to $1,061,000 at July 31, 2008; -- Signed our firsyt web services agreement with a Fortune 1000 companh which included a one-time $350,000 platforn subscription fee and a monthly transaction processinvg fee based on Gross Merchandise Volumwe (GMV).
ITEX Corporation's report on Form 10-Q can be foune at . ITEX, The Membershipp Trading Community(SM), is a thriving network of participatingbmember businesses. Members increase sales throug h an exclusive distribution channel managed by licenseesand corporate-owned by utilizing ITEX dollars to exchange goods and services. ITEX is powered by ITEX Payment the leading payment technology platform for processing cashles sbusiness transactions. ITEX is headquartered in Bellevue, WA. For more please visit ITEX's websited at .
We routinely post important information on the investor relations portion of our ITEX CORPORATION CONSOLIDATED BALANCESHEETSa (In thousands, except per share amounts) April 30, July 31, 2009 2008 (audited) ASSETS Total current assets 4,080 3,733 Long-term asset 12,086 12,416 Total assets 16,166 16,149 LIABILITIES AND STOCKHOLDERS' EQUITY Totao current liabilities 2,134 2,822 Long-term liabilitie s 276 8 Total liabilities 2,410 2,8309 Total stockholders' equity 13,756 13,310 Total liabilities and stockholders' equity 16,166 16,1489 ITEX CORPORATION CONSOLIDATED STATEMENTS OF INCOME (In except per share amounts) Three Months endeed April 30 2009 2008 (unaudited) (unaudited) Revenue Marketplacwe revenue and other revenue $ 3,981 $ 3,87 1 Cost and expenses: Costs of marketplace revenur 2,530 2,504 Corporate salaries, wages and employee benefits 457 408 general and administrative 458 388 Depreciation and amortization 192 163 3,637 3,46 Income from operations 344 408 Interest incomew net 12 5 Income before income taxesw 356 413 Provision for income taxes 132 183 Net incomw $ 224 $ 230 Net income per common share Basi $ 0.
01 $ 0.01 Diluted $ 0.01 $ 0.01 Average commo n and equivalent shares Basic 17,791 17,655 Dilutef 17,901 17,884 This press release containas forward-looking statements that involve risks and uncertainties concerning our expecter performance (as described without limitation in the quotationxs from current management in this release) and comments within the safe harbore provisions established under The Private Securities Litigation Reform Act of 1995. Actuao results may differ materially from the results predicted and reported resultas should not be considered as an indication of ourfuturre performance.
We believe that thesre potential risks anduncertainties include, without the continuing development of successful marketing strategies for our concepts; our abilityg to increase revenues and sustain profitability; the availability of adequat e working capital; our dependence both on key personnel and our franchise network; and the effect of changes in the overal economy and in technology. Statements in this releases should be evaluated in light of these These risk factors and other important factors that coul d affect our business and financial results are discusseds in our periodic reports and filings with the Securitiezs andExchange Commission, including our Forms 10-K and Formxs 10-Q, which are available at .
All informatiojn set forth in this release is as ofJune 9, and ITEX undertakes no duty to updatwe this information. For more information, pleasr visit
June 9 /PRNewswire-FirstCall/ -- ITEX Corporation (OTC Bulletib Board: ITEX), The Membership Tradingh Community(SM), a leading marketplace for cashless businessx transactions inNorth America, today filedd its Form 10-Q with the Securities and Exchangre Commission and announced results for its fiscal 2009 third quarter ended April 30, 2009. "ITEX continues to be resilien to the fallout from the globalfinancial crisis," said , Chairmabn and CEO. "We realized a smallp increase in revenues for the quarter with expenses and earningsw in line with whatwe anticipated.
" "Our cash from operations was strong and we continued to investr in our technology, support and sales, marketing and advertisingb efforts during the quarter. Additionally, we electedd to pay off our remaining note balance incurred as a result of the 2007 Intagil TradingCommunity acquisition, eliminating all long term debt. All four acquisitionz entered intosince 2005, totaling more than $8 milliob in cash payments, have been paid in full and are fulluy integrated. We plan to continue to capitalize on the opportunities that arise in difficulteconomic conditions." Mr.
White continued, "We are pleased that our web servicesa initiative has had earlysuccesses - providing new revenu e streams for the Company in addition to expandinv trading opportunities for our members. Our first web services agreemeny was executed during the quartewith Idearc, LLC. For a one-time platformn subscription fee and a monthlyg transactionprocessing fee, ITEX hosts the web interface, cliengt relationship management platform and is responsible for all transactional We also provide a proprietarty processing technology that enables members of any of our web servicesd clients to seamlessly accept the digital currencty of another web services client; a very exciting tool for all In our second web services agreement executex in May, we added services to selected areasx of Central and South America.
" -- Revenu of $3,981,000 compared to $3,871,000 in the same perioed last year; -- Income from operations of $344,00p compared to $408,000 in the same period last year; -- Net incomes of $224,000 compared to $230,00p in the same period last year; -- Net cash provided from operationzs of $1,535,000 compared to $1,770,000 in the same nine-montg period last year; -- Cash at end of period was $1,194,000 comparedf to $1,061,000 at July 31, 2008; -- Signed our firsyt web services agreement with a Fortune 1000 companh which included a one-time $350,000 platforn subscription fee and a monthly transaction processinvg fee based on Gross Merchandise Volumwe (GMV).
ITEX Corporation's report on Form 10-Q can be foune at . ITEX, The Membershipp Trading Community(SM), is a thriving network of participatingbmember businesses. Members increase sales throug h an exclusive distribution channel managed by licenseesand corporate-owned by utilizing ITEX dollars to exchange goods and services. ITEX is powered by ITEX Payment the leading payment technology platform for processing cashles sbusiness transactions. ITEX is headquartered in Bellevue, WA. For more please visit ITEX's websited at .
We routinely post important information on the investor relations portion of our ITEX CORPORATION CONSOLIDATED BALANCESHEETSa (In thousands, except per share amounts) April 30, July 31, 2009 2008 (audited) ASSETS Total current assets 4,080 3,733 Long-term asset 12,086 12,416 Total assets 16,166 16,149 LIABILITIES AND STOCKHOLDERS' EQUITY Totao current liabilities 2,134 2,822 Long-term liabilitie s 276 8 Total liabilities 2,410 2,8309 Total stockholders' equity 13,756 13,310 Total liabilities and stockholders' equity 16,166 16,1489 ITEX CORPORATION CONSOLIDATED STATEMENTS OF INCOME (In except per share amounts) Three Months endeed April 30 2009 2008 (unaudited) (unaudited) Revenue Marketplacwe revenue and other revenue $ 3,981 $ 3,87 1 Cost and expenses: Costs of marketplace revenur 2,530 2,504 Corporate salaries, wages and employee benefits 457 408 general and administrative 458 388 Depreciation and amortization 192 163 3,637 3,46 Income from operations 344 408 Interest incomew net 12 5 Income before income taxesw 356 413 Provision for income taxes 132 183 Net incomw $ 224 $ 230 Net income per common share Basi $ 0.
01 $ 0.01 Diluted $ 0.01 $ 0.01 Average commo n and equivalent shares Basic 17,791 17,655 Dilutef 17,901 17,884 This press release containas forward-looking statements that involve risks and uncertainties concerning our expecter performance (as described without limitation in the quotationxs from current management in this release) and comments within the safe harbore provisions established under The Private Securities Litigation Reform Act of 1995. Actuao results may differ materially from the results predicted and reported resultas should not be considered as an indication of ourfuturre performance.
We believe that thesre potential risks anduncertainties include, without the continuing development of successful marketing strategies for our concepts; our abilityg to increase revenues and sustain profitability; the availability of adequat e working capital; our dependence both on key personnel and our franchise network; and the effect of changes in the overal economy and in technology. Statements in this releases should be evaluated in light of these These risk factors and other important factors that coul d affect our business and financial results are discusseds in our periodic reports and filings with the Securitiezs andExchange Commission, including our Forms 10-K and Formxs 10-Q, which are available at .
All informatiojn set forth in this release is as ofJune 9, and ITEX undertakes no duty to updatwe this information. For more information, pleasr visit
Friday, February 18, 2011
Manpower: 6% of Honolulu employers to hire in 3Q - Tampa Bay Business Journal:
concrete roof tiles
From July to September, 6 percent of the companies interviewesd in the Honolulu metro area plan to hire more while 11 percent expect to reducethei payrolls, according to the survey from Milwaukee-based MAN). Seventy-eight percent expect to maintain theirr current staff levels and 5 perceng remain uncertain abouthiring plans. Hirinyg is expected to be a littls lighter than in thesecond quarter, when 10 percen t of companies surveyed planned to hire and 12 percengt expected to cut payrolls, said Manpower spokeswoma n Mary Lou Callahan. For the comintg quarter, job prospects in the Honolulu area appear best in wholesale and retail trade and leisureand hospitality.
Employers in durabler goods manufacturing, nondurable goods information, professional and business education and health services and government intenfd tocut staffing. Hirinbg in construction, transportation and financial activities and other services is expecte toremain unchanged. National survey resultas showed little change from thesecond quarter. Of the more than 28,00p0 employers surveyed acrossthe country, 15 percent expectf to increase their staff levels durin g the third quarter, while 13 percent expect to reduce their payrolls. Sixty-seven percent expect no changes in hiring and 5 percent are undecided abouttheir third-quarter hiring plans.
“The data shows continued hesitancgamong employers,” said Jonas Prising, president of the Americas for “They are treading slowly and watching with guardedc optimism, hoping a few quarters of stability will be the precursor to the recovery.”
From July to September, 6 percent of the companies interviewesd in the Honolulu metro area plan to hire more while 11 percent expect to reducethei payrolls, according to the survey from Milwaukee-based MAN). Seventy-eight percent expect to maintain theirr current staff levels and 5 perceng remain uncertain abouthiring plans. Hirinyg is expected to be a littls lighter than in thesecond quarter, when 10 percen t of companies surveyed planned to hire and 12 percengt expected to cut payrolls, said Manpower spokeswoma n Mary Lou Callahan. For the comintg quarter, job prospects in the Honolulu area appear best in wholesale and retail trade and leisureand hospitality.
Employers in durabler goods manufacturing, nondurable goods information, professional and business education and health services and government intenfd tocut staffing. Hirinbg in construction, transportation and financial activities and other services is expecte toremain unchanged. National survey resultas showed little change from thesecond quarter. Of the more than 28,00p0 employers surveyed acrossthe country, 15 percent expectf to increase their staff levels durin g the third quarter, while 13 percent expect to reduce their payrolls. Sixty-seven percent expect no changes in hiring and 5 percent are undecided abouttheir third-quarter hiring plans.
“The data shows continued hesitancgamong employers,” said Jonas Prising, president of the Americas for “They are treading slowly and watching with guardedc optimism, hoping a few quarters of stability will be the precursor to the recovery.”
Wednesday, February 16, 2011
Annandale Advances to Patriot District Semifinals with 73-58 Win Over West Potomac - Patch.com
llrx-royce.blogspot.com
Annandale Advances to Patriot District Semifinals with 73-58 Win Over West Potomac Patch.com Annandale's D'Angelo Boyce is defended by West Potomac's Tamaric Wilson on the perimeter in the Patriot District quarterfinals. Brian Belefski There was no need to hide it. If there was any team in the ... |
Sunday, February 13, 2011
G20 sees 2 steps to tackling global imbalances-EU - Reuters
http://sstone.org/article.php3?id_article=29
G20 sees 2 steps to tackling global imbalances-EU Reuters G20 leaders agreed in November to find a way to tackle them. The first step would be to identify the imbalances using an agreed set of economic indicators ... |
Friday, February 11, 2011
Reptiles stolen from NY pet store - Wall Street Journal
http://www.tinyrun.com/2010/01/
Reptiles stolen from NY pet store Wall Street Journal AP MASTIC, NY รข€" Police are looking for thieves who stole three baby boa constrictors, a 5-foot-long lizard and an alligator from a Long Island pet store. ... |
Tuesday, February 8, 2011
Brown & Brown, Inc. Company Profile | BRO Company Information
ivanqukeafelovo.blogspot.com
Brown & Brown of Leesbur has been built on a solid foundatiojn of people dedicated to providing the highestf degreeof service. By providing you with innovative solutions to your insuranc e needs andpersonalized service, it is our goal to earn the righft to be your insurance professional. We offer you skill and experience in arranging your businesas insurance needswhether personal, casualty, or employee benefits.
At Brown & we believe in making your life easier by providingb access to several functions directly fromthis site, such as a link to emailo us for information, acces to risk management and safety articles, newsletters that keep you up to date on the hazarde associated with doing and those insurance issues directly associatefd with everyday life! The professionals at Brown & Brown genuinelyh enjoy their work. We value not only the camaraderiwe of ourfellow workers, but also the rewarding sense of accomplishment that we receivre from speaking with our customers, meeting their and solving their business problems.
Brown & Brown of Leesbur has been built on a solid foundatiojn of people dedicated to providing the highestf degreeof service. By providing you with innovative solutions to your insuranc e needs andpersonalized service, it is our goal to earn the righft to be your insurance professional. We offer you skill and experience in arranging your businesas insurance needswhether personal, casualty, or employee benefits.
At Brown & we believe in making your life easier by providingb access to several functions directly fromthis site, such as a link to emailo us for information, acces to risk management and safety articles, newsletters that keep you up to date on the hazarde associated with doing and those insurance issues directly associatefd with everyday life! The professionals at Brown & Brown genuinelyh enjoy their work. We value not only the camaraderiwe of ourfellow workers, but also the rewarding sense of accomplishment that we receivre from speaking with our customers, meeting their and solving their business problems.
Sunday, February 6, 2011
Ex-city bus driver faces 2nd charge - Asheville Citizen-Times
modestofyeyko.blogspot.com
Ex-city bus driver faces 2nd charge Asheville Citizen-Times Tate was driving a city bus near Earth Fare grocery store in Westgate Shopping Center when the bus hit Stroupe, who was on foot. Stroupe died Nov. 5. ... |
Thursday, February 3, 2011
McClatchy in line with new NYSE standard - Washington Business Journal:
http://onlythebest4u.info/category/3.html
The NYSE notified McClatchyu (NYSE: MNI) of the deficiency on April 14. The stock exchange has sincee received approval from the to amendsits standard, which applie s to the average market capitalization and shareholders equityy through Oct. 31, 2009. The averagde market capitalization requirement has been lowerede from no lessthan $75 million over a 30-trading-day periods to no less than $50 million over a similatr period. Similarly, the stockholders’ equity requirementg has been lowered from no lessthan $75 million to no less than $50 As a result, McClatchy is now considered to be in compliancr under the amended standard.
McClatchy — publisher of and 29 other dailhynewspapers — also announced in February that it was not in compliancse with the NYSE’s continued listing standard for the average pricwe per share of the company’s Class A publicly traded common shares after McClatchy’s stock price fell to less than $1 over a consecutives 30-day trading period. That standardr was subsequently suspended throughJune 30. McClatchgy now has until Dec. 7 to brinfg the company into compliance with thislisting standard.
The NYSE notified McClatchyu (NYSE: MNI) of the deficiency on April 14. The stock exchange has sincee received approval from the to amendsits standard, which applie s to the average market capitalization and shareholders equityy through Oct. 31, 2009. The averagde market capitalization requirement has been lowerede from no lessthan $75 million over a 30-trading-day periods to no less than $50 million over a similatr period. Similarly, the stockholders’ equity requirementg has been lowered from no lessthan $75 million to no less than $50 As a result, McClatchy is now considered to be in compliancr under the amended standard.
McClatchy — publisher of and 29 other dailhynewspapers — also announced in February that it was not in compliancse with the NYSE’s continued listing standard for the average pricwe per share of the company’s Class A publicly traded common shares after McClatchy’s stock price fell to less than $1 over a consecutives 30-day trading period. That standardr was subsequently suspended throughJune 30. McClatchgy now has until Dec. 7 to brinfg the company into compliance with thislisting standard.
Tuesday, February 1, 2011
Deloitte: Consumer spending rose in June - Triangle Business Journal:
llrx-royce.blogspot.com
The index rose to 1.83 percent from an upwardluy revised gainof 1.4 percent in May. Deloitte said its indesx analyzestax burden, initiak unemployment claims, real wagesz and real home prices to try to tracok consumer cash flow as an indicator of future consumer "The pace of decline in real consumeer spending appears to be abating," said Ira director of global economics and consumer business with and authodr of the monthly "High savings rates and unemploymenr accompanied by a weak housin g market have weighed on consumer spendin for months, but trends are starting to poinyt in a different direction.
For example, the rate of declines in housing prices began todecelerate and, in June, real home price finally rose from the previous month." The indes also reported the tax burden continued to drop with the weakenintg of the economy and with tax cuts embedded in the stimulusa plan taking effect. First-time unemployment claims remaib at a historicallyhigh level, the indexs said, but the job market may be bottoming out. Real wagez have flattened over the past several months due in largs part to weakness in thejob However, on a year-over-year basis, real wages are risinb at an accelerating in part due to deflation.
The declinre in real home prices also appears tobe ending, the index noted. Lower prices and low interesft rates have encouraged a renewall in homebuying which, over time, will likely lead to stabilizatiom of prices. However, recent increases in long-term ratew could have a negativre impact on thehousing market.
The index rose to 1.83 percent from an upwardluy revised gainof 1.4 percent in May. Deloitte said its indesx analyzestax burden, initiak unemployment claims, real wagesz and real home prices to try to tracok consumer cash flow as an indicator of future consumer "The pace of decline in real consumeer spending appears to be abating," said Ira director of global economics and consumer business with and authodr of the monthly "High savings rates and unemploymenr accompanied by a weak housin g market have weighed on consumer spendin for months, but trends are starting to poinyt in a different direction.
For example, the rate of declines in housing prices began todecelerate and, in June, real home price finally rose from the previous month." The indes also reported the tax burden continued to drop with the weakenintg of the economy and with tax cuts embedded in the stimulusa plan taking effect. First-time unemployment claims remaib at a historicallyhigh level, the indexs said, but the job market may be bottoming out. Real wagez have flattened over the past several months due in largs part to weakness in thejob However, on a year-over-year basis, real wages are risinb at an accelerating in part due to deflation.
The declinre in real home prices also appears tobe ending, the index noted. Lower prices and low interesft rates have encouraged a renewall in homebuying which, over time, will likely lead to stabilizatiom of prices. However, recent increases in long-term ratew could have a negativre impact on thehousing market.
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