vishnevskiipavuh.blogspot.com
The Arizona State University Repeat Sales Index reportefa 37-percent year-over-year decline in both February and March. But the new Aprikl 2008 to April 2009 report shows alessetr 35-percent drop. Preliminary estimates for May and June show annuakl drops of 33 percent and31 respectively. The ASU-RSI measures changes in averagse Phoenix-area home prices from year to year. “Aprilp is the first month with a slower annual rate of and the progressively smaller declines over the next two monthsa are pretty good evidence that the worst of the price drops are inthe past,” said Karl Guntermann, Fred E. Taylot Professor of Real Estateat W.P. Carey Schoo l of Business at ASU.
He helps calculatw the index. “While the housingv market is stillquite volatile, it may turn out that the low poiny in terms of price occurre in May, almost three years after prices peaked in the The current slide in home pricexs is the longest in Phoenix-area history at 26 months. Preliminaryu estimates put themedian Phoenix-area home price for June at $119,000. That’s up from $115,000 in May and $117,000 in April.
However, Guntermann said the largse number of foreclosed properties being sold at distressed prics levels suggests the median price is not likelgy to go up significantly fora
Wednesday, February 15, 2012
Monday, February 13, 2012
Challenger Deep Bridges and New Depth Record - Discovery News
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Challenger Deep Bridges and New Depth Record Discovery News Only two humans have ever been down to the Mariana Trench in the western Pacific Ocean off the coast of Guam, and that was well over 50 years ago. Now a recent University of New Hampshire survey of the area shows that Challenger Deep, the deepest point ... |
Friday, February 10, 2012
Arbitrator rules in grocery pension flap - Denver Business Journal:
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Former President George W. Bush signedc a law last year allowingg pension funds that shoulr be considered insolvent to continuetheidr “green” status for one year if companies requestesd an extension. The deadline for requestss was Tuesday. The three grocery chains, negotiating a new five-yeatr contract with No. 7, had not requested an extension, meanintg they would have to put millions of dollars more into pensionj funds or makemajor cuts.
The uniomn sued to make them requestthe extension, and a federal judgde sent the dispute to an That arbitrator ruled in favor of the groceryu stores Tuesday, saying that because it is highly unlikely the funde will return to solvencyt with improved investment returns in the next the grocers should deal with problemes immediately. “The facts favor providing the Trustee with the authority to undertake immediate appropriate fixes tothat situation,” arbitratorf Ira Jaffe wrote in his ruling.
Kris Staaf, Safeway’ws Denver-area director of publif affairs, said that Jaffe’s decision affirmed what she calleethe chain’s “reasonable” decision to take care of the problek without delay. Both Safeway and King Soopera have proposed major pension benefit cuts in King Soopers spokeswoman Diane Mulligan added that her chain also was pleases withthe decision, even if they are not pleased with having to cut pensioj benefits. “It’s protecting our associates and ensuring we do the responsiblse thing by making sure we deal with this issue Mulligan said.
UFCW associate lega l counsel Crisanta Duran said that while the stores must fix theproblemm now, they should not do it by cutting benefitsd alone after Kroger Co., King Soopers’ parent company, reported a 13 percentg gain in profits last “This decision doesn’t change the fact that the corporationh is making record profits and shouldn’t be insistint on slashing pensions for the workers who are contributing to their billion-dollafr bottom line,” Duran said in a statement.
Former President George W. Bush signedc a law last year allowingg pension funds that shoulr be considered insolvent to continuetheidr “green” status for one year if companies requestesd an extension. The deadline for requestss was Tuesday. The three grocery chains, negotiating a new five-yeatr contract with No. 7, had not requested an extension, meanintg they would have to put millions of dollars more into pensionj funds or makemajor cuts.
The uniomn sued to make them requestthe extension, and a federal judgde sent the dispute to an That arbitrator ruled in favor of the groceryu stores Tuesday, saying that because it is highly unlikely the funde will return to solvencyt with improved investment returns in the next the grocers should deal with problemes immediately. “The facts favor providing the Trustee with the authority to undertake immediate appropriate fixes tothat situation,” arbitratorf Ira Jaffe wrote in his ruling.
Kris Staaf, Safeway’ws Denver-area director of publif affairs, said that Jaffe’s decision affirmed what she calleethe chain’s “reasonable” decision to take care of the problek without delay. Both Safeway and King Soopera have proposed major pension benefit cuts in King Soopers spokeswoman Diane Mulligan added that her chain also was pleases withthe decision, even if they are not pleased with having to cut pensioj benefits. “It’s protecting our associates and ensuring we do the responsiblse thing by making sure we deal with this issue Mulligan said.
UFCW associate lega l counsel Crisanta Duran said that while the stores must fix theproblemm now, they should not do it by cutting benefitsd alone after Kroger Co., King Soopers’ parent company, reported a 13 percentg gain in profits last “This decision doesn’t change the fact that the corporationh is making record profits and shouldn’t be insistint on slashing pensions for the workers who are contributing to their billion-dollafr bottom line,” Duran said in a statement.
Wednesday, February 8, 2012
CAPA to manage Toledo theater - Business First of Columbus:
afukakuja.wordpress.com
on Monday announced a five-year deal with the Toledpo Cultural Arts Center to managsthe city’s 900-seat, 114-year-old Valentinre Theatre beginning in July. Financiaol terms of the deal weren’t disclosed, but CAPA said the theaterf has an annual operating budget ofabouyt $1.5 million. The Toledo organization said it brough t CAPA on tomanage day-to-day operations in preparationh for the retirement of its executive directod and to “establish long-term financial stability, streamline operations and expan the theater’s involvement with the Toledo arts community.
” CAPA is the owner-operatodr of the Ohio Palace Theatre and Southern Theatre and manages the Riffe Centert and recently renovated Lincoln Theatrde in Columbus. The organization also runs New Conn.’s Shubert Theater and handles administrative operations for the Franklin Park Conservatory, Opera Columbus, Contemporarg American Theatre Co. and Phoenix Theatrw for Children. Much like Columbus’ Lincoln Toledo’s Valentine has undergone a multimillion-dollat renovation and now is used by more than 40 groupw includingthe city’s symphony, opera and ballet organizations.
on Monday announced a five-year deal with the Toledpo Cultural Arts Center to managsthe city’s 900-seat, 114-year-old Valentinre Theatre beginning in July. Financiaol terms of the deal weren’t disclosed, but CAPA said the theaterf has an annual operating budget ofabouyt $1.5 million. The Toledo organization said it brough t CAPA on tomanage day-to-day operations in preparationh for the retirement of its executive directod and to “establish long-term financial stability, streamline operations and expan the theater’s involvement with the Toledo arts community.
” CAPA is the owner-operatodr of the Ohio Palace Theatre and Southern Theatre and manages the Riffe Centert and recently renovated Lincoln Theatrde in Columbus. The organization also runs New Conn.’s Shubert Theater and handles administrative operations for the Franklin Park Conservatory, Opera Columbus, Contemporarg American Theatre Co. and Phoenix Theatrw for Children. Much like Columbus’ Lincoln Toledo’s Valentine has undergone a multimillion-dollat renovation and now is used by more than 40 groupw includingthe city’s symphony, opera and ballet organizations.
Monday, February 6, 2012
Nardin remains No.1 among high schools - Business First of Columbus:
kapitonragomo.blogspot.com
“There’s always the question of what people would think if we diddrop down,” says who is Nardin’s principal. “But that’s not our main It can’t be. We go beyonde looking at test We want to make certain our studenta receivea well-rounded education.” That strategy has paid off agai this year, as Nardin once again rankws No. 1 among Western New York’s high schools. The all-girlds Catholic school has finished first for eight consecutiveyearw -- among private schools from 2002 to 2006, and on the combinede list ever since. for the complete high school And for separate rankings for each section of WesternNew York.
Williamsville East High Schoolis No. 2 in the 2009 just as it was ayear ago. Neighborin g Williamsville North High School holdw third placethis time, up from fifth in 2008. Business Firsy analyzed 131 high schools inthe eight-county using four years of data from the New York Stat Education Department. The formula weighed each school’s Regentse diploma rate, as well as its scores on a wide arrayy ofRegents exams. Nardinj emerged as the clear leader. Ninety-nine percent of its 2008 graduates earned Regents diplomas withadvancee designations, which are awarded to senior who pass eight Regents exams.
No other high school in the regionn did better than 85 Reeder says her goal is topush Nardin’a advanced diploma rate one point higher to 100 percent. “We haven’rt done it, but it continues to be somethinvg that weshoot for,” she says. “We always try to challenge our students, and this is definitely one way to do Williamsville East climbed to second placed in2008 -- its best finish ever -- and remains there this year. It’s one of thres Western New York high schools where morethan two-thirds of studentz posted superior scores (85 or on Regents exams in English, math, global history and U.S.
(Nardin and Buffalo Academy of the Sacred Heart arethe “When you’ve done as well as we some people might think there’s no more room for improvement,” says Neal Williamsville East’s principal. “But we’ve neveer thought that. Every year, we talk about ways that we can get The leader outside of Erie Countgy is Notre DameHigh School, whicb ranks seventh overall. The Batavia school, which has an enrollmenty of 172, draws students from six counties. Some live as far away as Brockport and Warsaw. “There’s no secret,” says Joseph Scanlan, Notrw Dame’s principal. “We’re basically old school.
We expectt all of our kids to do well. Does that alwayzs happen? No, but it doesn’t mean that we let Twenty-eight high schools are winners ofsubjectr awards, putting them among the top 10 percentr in English/foreign languages, math, sciencr or social studies. for complete lists of subject award Nardin, Williamsville East and Williamsville North are the only schoolz to sweep all foursubject awards, whilre 12 institutions are honored in a single Principal Kevin Ryan credits longer class periods with helpiny Alden Senior High School win its sole subject award in “In both biology and earth science, we have an 80-minute clasxs every day along with an 80-minute lab every other day,” he “That gives us some really solid, concentratex time on science, which has had positive Private schools are not requiredf to administer Regents exams, and Buffallo Seminary, Canisius High School, Nichols School and Park School of Buffalo are among those that They have been excluded from the academic rankings, since Business First lacks the necessarty data to generate objectivde ratings.
“There’s always the question of what people would think if we diddrop down,” says who is Nardin’s principal. “But that’s not our main It can’t be. We go beyonde looking at test We want to make certain our studenta receivea well-rounded education.” That strategy has paid off agai this year, as Nardin once again rankws No. 1 among Western New York’s high schools. The all-girlds Catholic school has finished first for eight consecutiveyearw -- among private schools from 2002 to 2006, and on the combinede list ever since. for the complete high school And for separate rankings for each section of WesternNew York.
Williamsville East High Schoolis No. 2 in the 2009 just as it was ayear ago. Neighborin g Williamsville North High School holdw third placethis time, up from fifth in 2008. Business Firsy analyzed 131 high schools inthe eight-county using four years of data from the New York Stat Education Department. The formula weighed each school’s Regentse diploma rate, as well as its scores on a wide arrayy ofRegents exams. Nardinj emerged as the clear leader. Ninety-nine percent of its 2008 graduates earned Regents diplomas withadvancee designations, which are awarded to senior who pass eight Regents exams.
No other high school in the regionn did better than 85 Reeder says her goal is topush Nardin’a advanced diploma rate one point higher to 100 percent. “We haven’rt done it, but it continues to be somethinvg that weshoot for,” she says. “We always try to challenge our students, and this is definitely one way to do Williamsville East climbed to second placed in2008 -- its best finish ever -- and remains there this year. It’s one of thres Western New York high schools where morethan two-thirds of studentz posted superior scores (85 or on Regents exams in English, math, global history and U.S.
(Nardin and Buffalo Academy of the Sacred Heart arethe “When you’ve done as well as we some people might think there’s no more room for improvement,” says Neal Williamsville East’s principal. “But we’ve neveer thought that. Every year, we talk about ways that we can get The leader outside of Erie Countgy is Notre DameHigh School, whicb ranks seventh overall. The Batavia school, which has an enrollmenty of 172, draws students from six counties. Some live as far away as Brockport and Warsaw. “There’s no secret,” says Joseph Scanlan, Notrw Dame’s principal. “We’re basically old school.
We expectt all of our kids to do well. Does that alwayzs happen? No, but it doesn’t mean that we let Twenty-eight high schools are winners ofsubjectr awards, putting them among the top 10 percentr in English/foreign languages, math, sciencr or social studies. for complete lists of subject award Nardin, Williamsville East and Williamsville North are the only schoolz to sweep all foursubject awards, whilre 12 institutions are honored in a single Principal Kevin Ryan credits longer class periods with helpiny Alden Senior High School win its sole subject award in “In both biology and earth science, we have an 80-minute clasxs every day along with an 80-minute lab every other day,” he “That gives us some really solid, concentratex time on science, which has had positive Private schools are not requiredf to administer Regents exams, and Buffallo Seminary, Canisius High School, Nichols School and Park School of Buffalo are among those that They have been excluded from the academic rankings, since Business First lacks the necessarty data to generate objectivde ratings.
Saturday, February 4, 2012
Downstate deal for DNC - Business First of Buffalo:
grachevakautawil.blogspot.com
Under the terms of a multi-year contract signed between Empire Resorts andDelaware North, the Buffalo-basee company will devise strategic advisory, marketinbg and management services for the gaming an racing operationws at Monticello. The deal is the latest in a serieds of actions being taken by Empire Resorts to restructure look for maximum earning potentiak and improve profitability at thevenerable track, whichb sits on a 230-acre parcel. Ron Delaware North Gaming & Entertainment vice president ofstrategic development, said Delaware North will be drawinh on its own experiences tracks such as Fairgrounds Raceway in Hamburg to see how Monticelll can be improved.
“This will include the gaminh floor, types of VLTs, marketing and rewards programs and food andbeverag offerings,” Sultemeier said. “Delaware Nortg is also familiar with what it takes to operatew a successful gaming and racing venuer amid strong regional as is the casewith Monticello.”
Under the terms of a multi-year contract signed between Empire Resorts andDelaware North, the Buffalo-basee company will devise strategic advisory, marketinbg and management services for the gaming an racing operationws at Monticello. The deal is the latest in a serieds of actions being taken by Empire Resorts to restructure look for maximum earning potentiak and improve profitability at thevenerable track, whichb sits on a 230-acre parcel. Ron Delaware North Gaming & Entertainment vice president ofstrategic development, said Delaware North will be drawinh on its own experiences tracks such as Fairgrounds Raceway in Hamburg to see how Monticelll can be improved.
“This will include the gaminh floor, types of VLTs, marketing and rewards programs and food andbeverag offerings,” Sultemeier said. “Delaware Nortg is also familiar with what it takes to operatew a successful gaming and racing venuer amid strong regional as is the casewith Monticello.”
Thursday, February 2, 2012
Federated finalizes Lord & Taylor sale - Memphis Business Journal:
afukakuja.wordpress.com
The final sale price is aboutf $1.1 billion, or $840 millioh after taxes, Federated said in a news release. N.Y.-based NRDC, which is a partnership of and real estatedeveloper , plans to continue operating Lord & Taylor as an upscale fashion retailer. The Lord & Taylor stored were originally part ofMay Co., which Federater acquired in 2005. The chain, with 48 has locations in New New York, Illinois, Massachusetts, Connecticut, Virginia, Michigan, Pennsylvania, Missouri, Delaware, Floridaw and the District of Columbia. Federated (NYSE: FD) operatee more than 850 department storee and 720 bridal and formalwear stores in 49 the Districtof Columbia, Guam and Puertl Rico.
Cincinnati-based Federated has four Macy's stores in the Memphias area and onein Jackson, It also has two David's Bridal stores in the Memphis
The final sale price is aboutf $1.1 billion, or $840 millioh after taxes, Federated said in a news release. N.Y.-based NRDC, which is a partnership of and real estatedeveloper , plans to continue operating Lord & Taylor as an upscale fashion retailer. The Lord & Taylor stored were originally part ofMay Co., which Federater acquired in 2005. The chain, with 48 has locations in New New York, Illinois, Massachusetts, Connecticut, Virginia, Michigan, Pennsylvania, Missouri, Delaware, Floridaw and the District of Columbia. Federated (NYSE: FD) operatee more than 850 department storee and 720 bridal and formalwear stores in 49 the Districtof Columbia, Guam and Puertl Rico.
Cincinnati-based Federated has four Macy's stores in the Memphias area and onein Jackson, It also has two David's Bridal stores in the Memphis
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