пятница, 1 июля 2011 г.

FDIC approves one-time fee for banks - Boston Business Journal:

http://www.greatoffshore.com/investors_press.php?page=6&mode=List
Originally, the assessment was 20 cents perevery $100 of domestic which triggered bitter opposition by organizations representing smaller banks, including the . “Thixs is a major policy shift advocatedr by ICBA that lowers the special assessment forour nation’sx more than 8,000 community banks that didn’t participate in the practicexs that led to this economic crisis, yet were originally asked to pay for the sins of those who did,” ICBA Chairman R. Michael Menzies said in a Several community banks said they were concerned that the origina assessment would reducetheir loan-making capabilities.
Congress passed legislation to increasethe FDIC’s borrowingg authority with the from $30 billiohn to $100 billion with a proviso for emergintg funding of as much as $500 The FDIC said this step was necessarh to reduce the assessment on banks.

среда, 29 июня 2011 г.

Dunkin' Donuts Announces Results of 'Create Dunkin's Next Donut' Contest; 'Toffee for Your Coffee' Donut is Grand Prize Winner

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June 5 /PRNewswire/ -- What better time for Dunkin Donuts to announce the winning donut inthe company's first-evere "Create Dunkin's Next Donut" contest than today, National Donuty Day. The grand prize winning donu is "Toffee for Your Coffee," a sour cream cake donut toppef withchopped Heath(R) Bar createde by donut devotee of Hoover, Jeff wins $12,000 and his winninfg donut will be sold in Dunkin' Donuts locations throughouty the country beginning this fall.
To commemorate Nationak Donut Day and the announcement of the gransd prizewinning donut, today participating Dunkin' Donute shops throughout the country will offefr every customer a free donut of theit choice, with the purchase of any limit one per customer. Nationa l Donut Day, held the first Fridah of Juneeach year, was started by the Chicago Salvationj Army more than 70 yearsx ago. , the inspiration for his donuy creationwas simple. "Glazesd sour cream donuts are myabsolutd favorite, Heath toffee is by far the best candyg treat, and Dunkin' Donutss sells the best coffee," he said. "Put that all togethe r and you've got 'Toffee For Your Coffee!
'" Jeff was selected as one of 12 contesg finalists fromnearly 130,000 donut contestg creations submitted online. As a he received $1,200 and traveled to Dunkin' Donuts headquarters in Canton, Massachusetts last week for a bake-off before Dunkin Donuts' culinary team and company leaders, along with , author of Glazed A History of the and , food director for Taste of Home, the #1 cooking magazine in the The winning donut was selected based on the vote of the bake-ofgf judging panel, as well as America's onlinr vote at . Dunkin ' Donuts has led the donut category for nearly 60 selling 2.5 million donuts every day.
Pleasde visit to download broadcast qualituy video fromthe "Create Dunkin's Next Donut" Bake-off and of the contest To see online videos of the "Create Dunkin's Next Donut" Bake-off and contest winner, go to . Foundef in 1950, Dunkin' Donuts is America'sa favorite every day, all-day stop for coffeee and baked goods. Dunkin'' Donuts is a market leader in the regular/decavf coffee, iced coffee, hot flavored donut, bagel and muffin and the largest coffee and baked goodsd chain inthe world. Dunkin Donuts has earned the No. 1 ranking for customer loyalth in the coffee category by for threeyearas running. The company has more than 8,800 restaurantws in 31 countries worldwide.
In Dunkin' Donuts' global system-wide sales were $5.5 billion. Based in Massachusetts, Dunkin' Donuts is a subsidiaryu of Dunkin' Brands, Inc. For more information, visit . Jessica Rosen RF Bindere 212-994-7522 jessica.rosen@rfbinder.com David Puner CommunicationsManager 781-737-5200 david.puner@dunkinbrands.com

понедельник, 27 июня 2011 г.

Burger chain inks first

asabcitxit.blogspot.com
The first two Smashburger restaurants are ontheidr way. The first, located in the Stone Ridge shoppinv center, is set to open on June 21. Stores No. 2 will open in early July, at the Park North shoppingy center. To celebrate the debut of this new takeon fast-casualk burgers, SB Alamo will have a grand opening celebration on June 27 at the Ston Ridge location. The center is located at U.S. Highwat 281 and Evans Road, on the far Northg Side. Park North is located along Loop 410, between Blanc Road and San Pedro in North CentralSan Antonio.
“We are excited to brin the Smashburger experience toSan Antonio,” says Mike director of marketing for SB “At Smashburger, the core of the branrd is to be every city’s favoritw burger place ... .” The owner and developefr of the Smashburger conceptis Denver-based private equity firm . The Smashburger hamburgerf starts with a choice of buns a butter-toasted egg bun, multi-grain or spicy The signature touch is the beef is smashex on the grill. It is a procesw that creates on the bottom of the patty a caramelizexd coating of juices that give the burgerits flavor.

среда, 22 июня 2011 г.

Survey: Americans overestimate US solar leadership, use - ElectroIQ

dawojetos.blogspot.com


Survey: Americans overestimate US solar leadership, use

ElectroIQ


$4/W in 2008, with 19 countries (plus California) poised to reach grid parity by year's end -- a survey of US residents finds a majority overestimate how much solar energy contributes domestically, and where the US sits in terms of solar "leadership. ...



and more »

понедельник, 20 июня 2011 г.

Debt, downturn drag phone-book publisher R.H. Donnelley into Chapter 11 - Denver Business Journal:

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The Cary, N.C.-based company said that it has reached an agreement in principledwith “key creditor key creditor constituencies” on a reorganizatiohn plan that would reduce the company’s debt by $6.4 billion, eliminatingg about $500 million in annual interest payments. The Chaptet 11 filing punctuates a dramatic fallfor R.H. which had a $5 billion market capitalization inMay 2007. The companyy was brought down by twomajor forces: (1) the flighrt of traditional Yellow Pages advertiser to the Internet and (2) a staggeringh debt load of $9 billion, most of which was accumulatedx through a series of acquisitions when the busines was riding high. R.H.
Donnelley publishesz the largest phone directory forthe 14-state territory of and employs hundreds of peopld locally. Its Dex Media division used to be ownedby Denver-basesd Qwest, but Qwest sold the unit for $7 billioj in 2003 to private equity firms that later sold it to R.H. The recession has only added tothe company’w woes, as evidenced by the first-quarter loss of $401.2 million reported last montj by R.H. Donnelley, which said advertising saless slumped17 percent, to $598 million. “Wer just could not have anticipateds the severity of theeconomivc downturn,” Swanson said in a telephone R.H.
Donnelley (Pink Sheets: RHDC) employed 3,800 peopld nationwide as of March 1, company spokesman Mike Truel said. In Colorado, R.H. Donnelley has 700 employees in Englewoo d and its offices across the Front down fromthe 1,100 it employed locally when it bought Dex. it has reduced its work force by at leastg 600 sincethe fall. Swanson said the compan has no plans forfurther layoffs. “It’s business as usual at R.H. Donnellet today and it will be (in the said Swanson, who says he expects his company to emerges from Chapter 11 inearly 2010. As CEO sincw 2002, Swanson was the driving force behinrd three acquisitions totaling morethan $13 billion.
The biggesft of those acquisitions came in 2006when R.H. Donnelley bought larger rival Dex Media at a totaol costof $9.5 billion in cash and debt. Befor that, Swanson orchestrated the purchases of SBC Communicationsfor $1.4q billion in 2004 and Sprint’s directory publishing business for $2.23 billion in 2002, his firsg year as CEO. Asked if his companty grew too bigtoo fast, Swanson defended the Of the Dex deal in he said that his company’s economic models projecterd a decline of 5 percent in print advertising over five If that had held true, he R.H.
Donnelley would have been Instead, the company has been hit with double-digitr drops in advertising revenue caused by Interner competition andthe recession. “I wish it would have turnedd out differently,” Swanson said. “No one couls have put this into their economic Noneof R.H. Donnelley’s bondholders have requestesd anymanagement changes, Swanson said. R.H. Donnelley has trieed to remake itself in recent monthsw into a provider of online localsearch – in other worda into a business like the ones that have siphoned off much of its advertisin g base. But the debt provee too much to overcome without creditor In its filing withthe U.S.
Bankruptcyy Court for the Districtgof Delaware, R.H. Donnelley lists assetds of $12.1 billion and liabilities of $12.9 The company plans to exchangeits $6 billion in unsecurecd bonds for 100 percent of the equity in the R.H. Donnelleyu that emerges from bankruptcy. All existinvg shares in the company will bewipes out. The company also will pay off morethan $400 million in debt beforse the company emerges from bankruptcy, Chief Financial Officerd Steve Blondy said. The new R.H. Donnelleyy will have $3 billion in debt, Swanson said. R.H.
Donnelley said that it does not anticipatee needing toget debtor-in-possession financing becausd the company’s $300 million cash on hand and projecteds positive cash flow from operationse should be sufficient to fund the busineses during the reorganization. Donnelley traces its roots to when the ChicagoDirectoryy Co. began publishing a phone directory thre e timesa year. In the company was merged withDun Bradstreet. After an expansion spurt, R. H. Donnelley was spun out of Dun Bradstreet in 1996 into an independenr publiclytraded entity. R.H. Donnelley moved its headquarters to Caryfrom N.Y., in early 2004. North Carolinq awarded the companya $4.
3 milliojn Job Development Investment Grant in 2003 to make the move to the The company considered locations in Wake and Durhamn counties before settling on Cary in a decisionn that won incentives from Wake Countty Economic Development and the town.

суббота, 18 июня 2011 г.

Md. colleges given $11M to combat nursing shortage - Los Angeles Business from bizjournals:

http://paydayloans-in-1-hour.com/gossips/
The grants, being divvied amonbg 17 Marylandnursing schools, will be used to lure faculty and and improve technology at the universities. Maryland’ws nursing shortage is expected toreach 10,00p by 2016, according to the . The currentt vacancy rate of nurses at state hospitals is8 percent. The economi downturn has helped the industry because many retired nurseas have come backto work, but once the recession ends the shortag e will worsen, said Carmelsa Coyle, CEO of the Maryland Hospital The first round of grants will increase the numbetr of nurses graduating by 300 studentds and add 20 faculty positions at nursingh programs across the state.
“The number of nurses graduating from Maryland schools are simply not saidRonald B. president of and co-chair of the “Who Will Care?” campaigbn at a press conference Monday. “We cannogt take our eye off the nursing demand.” The campaign’s goal is to add 1,500 new nursinh students. The program has raised $15.5 million to date through the state’ws business community, including funds from the Baltimore constructionform , , the region'sz largest hospital system, and , the region's larges t health insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raise $20 milliobn from the private sector by the end of the and then raise anaddition $40 millio in state, local and federaol funds. • • • • • ; and, • .