ramsdenjerrieas54.blogspot.com
Dallas-based Holly (NYSE: HOC) said its subsidiary has agreec to purchase the refinery and othedr inventory included in the transactionfor $65 million. As part of the Holly will benefit from the receipt of Sunocoi speciality lubricant product trademarks in Northb America and a license for the same products in Centrap andSouth America. The transaction is expected to clos by June 1 pending the approvals ofregulatorh agencies. Holly’s chairman and CEO Matt Cliftonsaid Sunoco’e Tulsa employees and the lubricant products managemenrt team will be joining Holly.
He “By leveraging the respected Sunoco specialty lubricanrt product trademarksand formulations, the facility has consistentlu realized very strong gross margins on theswe specialty lubricant products. This strength in specialtu lubricant products, together with an approximate 40 percent yield of diesek and jet fuel and the bottom upgrading capabilities ofthe plant’s coker, has allowed the overall operation to deliver attractive gross marginws and solid financial results." Clifton addedd that "the facility’s proximity to and direct pipeline connection from the Cushing, Okla.
, crudde oil hub combined with its abilit to deliver directly into Burlington Northern’s Tulsa railroad yard and Magellan’d pipeline system, allows the facility to competitiveluy supply transportation fuels to a number of attractived mid-continent markets.”
Monday, November 28, 2011
Saturday, November 26, 2011
MathStar receives tender offer - Minneapolis / St. Paul Business Journal:
obesonuqa.wordpress.com
The offer represents a 6.48 percent premium over Friday’s closinv price. Shares were up 6 percent in early afternoon tradinbto $1.14, suggesting that some investors think a deal will If successful, Tiberius could pursue several strategies, includingy liquidation, according to a news The company would also consider restarting the merging it with a competitor, repurchasing sharess and selling some of the company’ds technology. Hillsboro, Ore.-based MathStar (Pink Sheets: has been the subject of intense speculatiob inrecent weeks. The company shut down operations ayear ago.
Sincs then, the company has faced increasing pressurew from shareholdersto Dallas-based investor Joe Gensor said the fablesx semiconductor company has accepted his request to hold a vote on but has yet to call a As of March 31, the company had little outstandinb debt, $14 million in cash, a net operatinf loss of $48 million, and one full-time employee CEO and Chairman Doug The company's cash balance represents $1.16 per share, according to Salvatorwe Muoio, an investment fund manager in New York who owns 7.35 percenty of the company’s outstanding shares. Burnsville, Minn.-based ., a maker of buildinyg performance software, has made three attemptx to purchasethe company.
Its latest offer, in May, was for $1.04r per share. MathStar, in a May 18 filing with the Securitiesd andExchange Commission, rejected the third offer from PureChoice, saying it was less than MathStar’z liquidation value. MathStar was foundede in Minnesota and was once a develope of a promising programmable semiconductor technolog y that drew interestfrom high-profile customerw such as LG Electronics USA and Arro w Electronics Inc. Chicago-based Tiberiuse Capital described itself in a pres s release asa “value-opportunity fund.” If successful, it woulsd spend the remainder of 2009 deciding which course of actiojn to take with MathStar.
The offerd expires one minute after midnight, New York City time, on June 30.
The offer represents a 6.48 percent premium over Friday’s closinv price. Shares were up 6 percent in early afternoon tradinbto $1.14, suggesting that some investors think a deal will If successful, Tiberius could pursue several strategies, includingy liquidation, according to a news The company would also consider restarting the merging it with a competitor, repurchasing sharess and selling some of the company’ds technology. Hillsboro, Ore.-based MathStar (Pink Sheets: has been the subject of intense speculatiob inrecent weeks. The company shut down operations ayear ago.
Sincs then, the company has faced increasing pressurew from shareholdersto Dallas-based investor Joe Gensor said the fablesx semiconductor company has accepted his request to hold a vote on but has yet to call a As of March 31, the company had little outstandinb debt, $14 million in cash, a net operatinf loss of $48 million, and one full-time employee CEO and Chairman Doug The company's cash balance represents $1.16 per share, according to Salvatorwe Muoio, an investment fund manager in New York who owns 7.35 percenty of the company’s outstanding shares. Burnsville, Minn.-based ., a maker of buildinyg performance software, has made three attemptx to purchasethe company.
Its latest offer, in May, was for $1.04r per share. MathStar, in a May 18 filing with the Securitiesd andExchange Commission, rejected the third offer from PureChoice, saying it was less than MathStar’z liquidation value. MathStar was foundede in Minnesota and was once a develope of a promising programmable semiconductor technolog y that drew interestfrom high-profile customerw such as LG Electronics USA and Arro w Electronics Inc. Chicago-based Tiberiuse Capital described itself in a pres s release asa “value-opportunity fund.” If successful, it woulsd spend the remainder of 2009 deciding which course of actiojn to take with MathStar.
The offerd expires one minute after midnight, New York City time, on June 30.
Thursday, November 24, 2011
Bankers say SBA bridge loans are likely to go quickly - bizjournals:
http://rmh-or.org/combination.htm
The SBA will begin accepting applicationws from lenders for itsnew America’sa Recovery Capital loans June 15. The loans, whicjh were created by the economic stimulus will help small businessed make payments onexisting loans. Through this small businesses can borro upto $35,000 to make up to six months of paymentx on qualifying loans, including credit cards if that debt was used for businesss purposes. The loans will be made through private-sector lenders, not the SBA Borrowers won’t have to start repayint the ARC loans untip a year after they receive their last ARC loan They then will pay back the principalk on the ARC loan overfive years.
Small businesseas won’t have to pay interest on the Instead, the SBA will pay the lenderr a monthly interest rate of prime plus 2 percentage The SBA also will guarantee 100 percen ofthe loan’s amount. To be eligible for the small businesses must show they were profitabled or had positive cash flow in at least one of the pasttwo years. Futures cash flow projections must demonstrate that the businesses will be able to repagtheir debts, including the ARC loan. Borrowers can’tr be more than 60 days past due on any loan beingy paid through anARC loan, and they must have a business credif score that is acceptable to the SBA.
ARC loans can’rt be used to make paymentzs on an SBA loan made priorto Feb. 17, the date the economic stimulus billbecame law. To be small businesses also must show that they are experiencinh an immediatefinancial hardship, such as declining sales or difficulty making payroll. The SBA hopes smalll businesses will use the ARC loansas “breathing room to rework their business strategy in order to position themselves for futur e success,” said Eric Zarnikow, who heades the agency’s Office of Capital Access.
Most of the loans probablhy will be made through lenders that already have a businesas relationship withthe borrowers, Zarnikow Small businesses that are interested in an ARC loan should first contact their current according to the SBA. Lenders that currentlgy don’t make SBA-guaranteed loans can join the progra m in a process that takes abouta week, he said. The agencyt has enough funding for the ARC program to makeabou 10,000 loans. Zarnikow expects high demane forthese loans, but he said it may take some time for some lenderz to ramp up for this new program. The loana will be available until the money for the prograj runs out oruntil 30, 2010, whichever comes first.
Zarnikoew expects the loans “will go prettyt quickly.” Tony Wilkinson, president and CEO of the , agreed the “fundint will be exhausted rather Some lenders already are ready to submit application forthe program, and were just waitinfg for the SBA’s June 8 guidance to lenders on programm details, he said. “I thin k a lot of lenders will find the parameters he said. For lenders who have customers who were profitablewin 2007, took a hit in 2008 and couls survive this year with a little help, “this is the Wilkinson said.
The SBA will begin accepting applicationws from lenders for itsnew America’sa Recovery Capital loans June 15. The loans, whicjh were created by the economic stimulus will help small businessed make payments onexisting loans. Through this small businesses can borro upto $35,000 to make up to six months of paymentx on qualifying loans, including credit cards if that debt was used for businesss purposes. The loans will be made through private-sector lenders, not the SBA Borrowers won’t have to start repayint the ARC loans untip a year after they receive their last ARC loan They then will pay back the principalk on the ARC loan overfive years.
Small businesseas won’t have to pay interest on the Instead, the SBA will pay the lenderr a monthly interest rate of prime plus 2 percentage The SBA also will guarantee 100 percen ofthe loan’s amount. To be eligible for the small businesses must show they were profitabled or had positive cash flow in at least one of the pasttwo years. Futures cash flow projections must demonstrate that the businesses will be able to repagtheir debts, including the ARC loan. Borrowers can’tr be more than 60 days past due on any loan beingy paid through anARC loan, and they must have a business credif score that is acceptable to the SBA.
ARC loans can’rt be used to make paymentzs on an SBA loan made priorto Feb. 17, the date the economic stimulus billbecame law. To be small businesses also must show that they are experiencinh an immediatefinancial hardship, such as declining sales or difficulty making payroll. The SBA hopes smalll businesses will use the ARC loansas “breathing room to rework their business strategy in order to position themselves for futur e success,” said Eric Zarnikow, who heades the agency’s Office of Capital Access.
Most of the loans probablhy will be made through lenders that already have a businesas relationship withthe borrowers, Zarnikow Small businesses that are interested in an ARC loan should first contact their current according to the SBA. Lenders that currentlgy don’t make SBA-guaranteed loans can join the progra m in a process that takes abouta week, he said. The agencyt has enough funding for the ARC program to makeabou 10,000 loans. Zarnikow expects high demane forthese loans, but he said it may take some time for some lenderz to ramp up for this new program. The loana will be available until the money for the prograj runs out oruntil 30, 2010, whichever comes first.
Zarnikoew expects the loans “will go prettyt quickly.” Tony Wilkinson, president and CEO of the , agreed the “fundint will be exhausted rather Some lenders already are ready to submit application forthe program, and were just waitinfg for the SBA’s June 8 guidance to lenders on programm details, he said. “I thin k a lot of lenders will find the parameters he said. For lenders who have customers who were profitablewin 2007, took a hit in 2008 and couls survive this year with a little help, “this is the Wilkinson said.
Tuesday, November 22, 2011
Red Cross: Cooking Main Cause Of House Fires - Patch.com
awipekyhila.blogspot.com
al.com (blog) | Red Cross: Cooking Main Cause Of House Fires Patch.com Did you know cooking is the number one cause of home fires in this country and during the holidays? The Red Cross responded to more than 62960 home fires during the 2011 fiscal year. The American Red Cross wants everyone to be aware ... Cooks warned of fryer fires Thanksgiving worst day of the year for cooking fires WITH VIDEO Officials warn to cook with care on Thanksgiving |
Sunday, November 20, 2011
Obama cites jobs payoff from Asia trip - Houston Chronicle
dawojetos.blogspot.com
Atlanta Journal Constitution | Obama cites jobs payoff from Asia trip Houston Chronicle From left to right, US President Barack Obama, Myanmar's President Thein Sein, rear, Chinese Premier Wen Jiabao, Vietnamese President Nguyen Tan Dung, Australian Prime Minister Julia Gillard and Malaysia's Prime Minister Najib Razak ... Obama cites Aquino 'leadership' Obama cites Aquino's leadership, performance Obama cites jobs payoff from Asia trip |
Friday, November 18, 2011
Physician Walker expands role of 'first lady' at Mount Zion Baptist Church - The Tennessean
fabyqyku.blogspot.com
Physician Walker expands role of 'first lady' at Mount Zion Baptist Church The Tennessean Dr. Stephaine Walker, wife of Bishop Joseph Walker III of Mount Zion Baptist Church, calls her job as a physician her “ministry to the world.†/ Jeanne Reasonover / The Tennesssean Dr. Stephaine Walker never saw herself as the pastor's wife. ... |
Tuesday, November 15, 2011
Makana Sings Protest Song on Summit Dinner to Support Occupy Movement (Video) - International Business Times
qalymeled.wordpress.com
International Business Times | Makana Sings Protest Song on Summit Dinner to Support Occupy Movement (Video) International Business Times Makana, a Hawaiian singer, performed to support the Occupy Movement at a dinner in Honolulu, which was hosted by President Barack Obama for Asia-Pacific Economic Co-operation Summit participants from 21 ... Makana sings Occupy protests songs to President Obama and APEC leaders Singer sneaks 'Occupy' protest into Obama summit Hawaiian musician Makana in 'Occupy with Aloha' T-shirt played protest song ... |
Sunday, November 13, 2011
Los Angeles companies fare well in UC-Davis study on women in business - Los Angeles Business from bizjournals:
http://www.persport.net/aspnetcontrols/net-controls-hierargrid-hierarchical-datagrid-that.html
The report said that almost half do not have a womabn on the boardof directors. Nearly a thirdc were found without a woman in either a top executivd post or on the governing Women overallhold 10.9 percent of board seat s and executive positions, virtually unchanged from results in UC Davisx studies from 2007, when the figure was 10.4 or from 2006 and 2005, when it was 10.2 Los Angeles' (NASDAQ: NARA) ranked at the top of the with 50 percent of executives and directors beinv women. The company topped the survey in 2007 as Cityof Industry-based HOTT) was fifth in the with 36 percent. The compan ranked fourth a year ago.
Goleta-basesd (NASDAQ: DECK) made a big jump, coming from 60th a year ago to tied for eighthh in thecurrent survey, with 30.8 percent. Los Angeles-basec (NYSE: GES) and EIX) also had 30.8 percent. Santa Monica-basedf (NYSE: FED) was tied for 15th with 28.6 The complete UC Davis report isavailable at
The report said that almost half do not have a womabn on the boardof directors. Nearly a thirdc were found without a woman in either a top executivd post or on the governing Women overallhold 10.9 percent of board seat s and executive positions, virtually unchanged from results in UC Davisx studies from 2007, when the figure was 10.4 or from 2006 and 2005, when it was 10.2 Los Angeles' (NASDAQ: NARA) ranked at the top of the with 50 percent of executives and directors beinv women. The company topped the survey in 2007 as Cityof Industry-based HOTT) was fifth in the with 36 percent. The compan ranked fourth a year ago.
Goleta-basesd (NASDAQ: DECK) made a big jump, coming from 60th a year ago to tied for eighthh in thecurrent survey, with 30.8 percent. Los Angeles-basec (NYSE: GES) and EIX) also had 30.8 percent. Santa Monica-basedf (NYSE: FED) was tied for 15th with 28.6 The complete UC Davis report isavailable at
Friday, November 11, 2011
Life's Too Short's Rosamund Hanson: Ricky Gervais had me in stitches - Metro
kleopatraxnibe.blogspot.com
Metro | Life's Too Short's Rosamund Hanson: Ricky Gervais had me in stitches Metro Exclusive: Rosamund Hanson, star of Ricky Gervais and Stephen Merchant's new comedy Life's Too Short reveals why the duo are the perfect comedy dream team. Hanson, who plays lead actor Warwick Davies' secretary in Life's Too Short, has no time for . .. Life's Too Short - Too Short On Plot |
Wednesday, November 9, 2011
Ireland sees no risk of eurozone break up-minister - Reuters
ufysyho.wordpress.com
Irish Echo | Ireland sees no risk of eurozone break up-minister Reuters DUBLIN Nov 9 (Reuters) - Ireland does not see any risk that the euro zone will break apart, the deputy prime minister said on Wednesday after a surge in Italy's cost of borrowing raised fears about the future of the currency union. ... Ireland gearing up for a painful b udget Waterford Councillors jailed in Israel |
Monday, November 7, 2011
Rare set of images found at University of Michigan tell story of China's ... - Washington Post
uhalugupuzyma.blogspot.com
Washington Examiner | Rare set of images found at University of Michigan tell story of China's ... Washington Post The rediscovery of the 15 poster-sized papercut images illustrating the political upheaval of the era is a pleasant surprise to scholars studying a society that was largely closed off from the West. The images are cut out of red paper in t he same way ... Rare Chinese Art Discovered at University of Michigan Storage |
Saturday, November 5, 2011
Labor Department official analyzes June unemployment numbers - Pacific Business News (Honolulu):
ucojaje.wordpress.com
percent in June from 9.4 perceng in May, the 's said last week. Here is testimonhy on the latest unemployment data by BLS Commissioner Keith Hall as prepared for delivery last week to the Joint Economic Committeeof Congress. Nonfarm payroll employment continued to fall inJune (-467,000), and the unemploymen rate was little changed at 9.5 Since the recession began in Decembe r 2007, payroll employment has dropped by 6.5 million, and the unemployment rate has increasef by 4.6 percentage points. Payroll employment declines continued to be widespread among the major industries. In June, there were largs decreases in manufacturing, and professional and business services.
Together, theses three sectors have accounted fornearly three-quarters of the jobs lost sincde the recession began. Manufacturing employmenft fellby 136,000 in bringing job loss in this industry to 1.9 million sincew the start of the recession. Motor vehicle and partes employment declinedby 27,000 over the month; sincs the start of the the industry has lost 335,000 about one-third of its total. Constructionb employment decreasedby 79,000 in Job losses in the industry have totaled 1.3 million during this recession. Employment in professional and business services droppedby 118,0009 in June.
Job losses occurred throughoutthe industry, includinh temporary help services (-38,000), services to buildings and dwellingxs (-17,000), and architectural and engineerintg services (-14,000). Since the starft of the recession, professional and businesd services haslost 1.5 million jobs; temporary help services accounte for over half of this decline. Federaol government employment fellby 49,000 in June, largelg reflecting the layoff of workers temporarily hireds to prepare for Census 2010. Elsewhere in the service-providinfg sector, job losses continued in financiallactivities (-27,000), information (-21,000), and wholesale tradr (-16,000).
Retail trade employment edged down over the month losses continued among autodealerships (-9,000). The healthh care industry added 21,000 jobs over the month, in line with its averag monthly gain for the firsft 5 months of this but below the average gainof 30,000 jobs per montgh in 2008. Average hourly earnings for productiom and nonsupervisory workers in the privates sector were unchanged in Juneat $18.53. Over the past 12 average hourly earnings have risenby 2.7 percent. From May 2008 to May the Consumer Price Index for Urban Wage Earners and Clericalk Workers declinedby 1.5 percent. Turning to measures from the household survey, the unemployment rate was littlew changed at 9.
5 percent in June. The rate had increasesd by 0.4 or 0.5 percentage pointx in each of the prior 6 Since the onset of the recession inDecembee 2007, the unemployment rate has risen by 4.6 percentagew points. There were 14.7 million unemployef persons in June, little changed from the priort month. Since December 2007, unemployment has risej by 7.2 million. The numberd of persons unemployed for 27 weeks or longedr continued to increasein June. The 4.4 millio long-term jobless individuals accounted for 3 in 10unemployedc persons. The employment-population ratio edgedd down to 59.5 percent in June. The ratiok has fallen by 3.2 percentage pointzs since therecession began.
Among the employed, there were 9.0 million personsa working part time in June who would havepreferredf full-time work. After rising sharplhy last falland winter, this measure has been littls changed since March. In summary, nonfarmm payroll employment continued to fall in June with job lossestotalinv 6.5 million since the recessiobn began. The unemployment rate, at 9.5 percent, was littl e changed over the month.
percent in June from 9.4 perceng in May, the 's said last week. Here is testimonhy on the latest unemployment data by BLS Commissioner Keith Hall as prepared for delivery last week to the Joint Economic Committeeof Congress. Nonfarm payroll employment continued to fall inJune (-467,000), and the unemploymen rate was little changed at 9.5 Since the recession began in Decembe r 2007, payroll employment has dropped by 6.5 million, and the unemployment rate has increasef by 4.6 percentage points. Payroll employment declines continued to be widespread among the major industries. In June, there were largs decreases in manufacturing, and professional and business services.
Together, theses three sectors have accounted fornearly three-quarters of the jobs lost sincde the recession began. Manufacturing employmenft fellby 136,000 in bringing job loss in this industry to 1.9 million sincew the start of the recession. Motor vehicle and partes employment declinedby 27,000 over the month; sincs the start of the the industry has lost 335,000 about one-third of its total. Constructionb employment decreasedby 79,000 in Job losses in the industry have totaled 1.3 million during this recession. Employment in professional and business services droppedby 118,0009 in June.
Job losses occurred throughoutthe industry, includinh temporary help services (-38,000), services to buildings and dwellingxs (-17,000), and architectural and engineerintg services (-14,000). Since the starft of the recession, professional and businesd services haslost 1.5 million jobs; temporary help services accounte for over half of this decline. Federaol government employment fellby 49,000 in June, largelg reflecting the layoff of workers temporarily hireds to prepare for Census 2010. Elsewhere in the service-providinfg sector, job losses continued in financiallactivities (-27,000), information (-21,000), and wholesale tradr (-16,000).
Retail trade employment edged down over the month losses continued among autodealerships (-9,000). The healthh care industry added 21,000 jobs over the month, in line with its averag monthly gain for the firsft 5 months of this but below the average gainof 30,000 jobs per montgh in 2008. Average hourly earnings for productiom and nonsupervisory workers in the privates sector were unchanged in Juneat $18.53. Over the past 12 average hourly earnings have risenby 2.7 percent. From May 2008 to May the Consumer Price Index for Urban Wage Earners and Clericalk Workers declinedby 1.5 percent. Turning to measures from the household survey, the unemployment rate was littlew changed at 9.
5 percent in June. The rate had increasesd by 0.4 or 0.5 percentage pointx in each of the prior 6 Since the onset of the recession inDecembee 2007, the unemployment rate has risen by 4.6 percentagew points. There were 14.7 million unemployef persons in June, little changed from the priort month. Since December 2007, unemployment has risej by 7.2 million. The numberd of persons unemployed for 27 weeks or longedr continued to increasein June. The 4.4 millio long-term jobless individuals accounted for 3 in 10unemployedc persons. The employment-population ratio edgedd down to 59.5 percent in June. The ratiok has fallen by 3.2 percentage pointzs since therecession began.
Among the employed, there were 9.0 million personsa working part time in June who would havepreferredf full-time work. After rising sharplhy last falland winter, this measure has been littls changed since March. In summary, nonfarmm payroll employment continued to fall in June with job lossestotalinv 6.5 million since the recessiobn began. The unemployment rate, at 9.5 percent, was littl e changed over the month.
Thursday, November 3, 2011
Axeda Connects With M2M Developers at the Sprint Open Solutions Conference - Sacramento Bee
moakhamet84.blogspot.com
Axeda Connects With M2M Developers at the Sprint Open Solutions Conference Sacramento Bee 2, 2011 -- /PRNewswire/ -- Axeda Corporation is showcasing its Machine-to-Machine (M2M) cloud service expertise this week at the Sprint Open Solutions Conference. This annual event brings together the leading minds in M2M who are developing connected ... |
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