Monday, February 28, 2011

Michael Irvin sued over "Fourth and Long" reality show - Phoenix Business Journal:

mcfarlainofuqub1258.blogspot.com
Jordan Bealmear of Thermal, Calif., and Shannon Clarkj and Christopher Harding, both of Louisville, Ky., allegd Michael Irvin’s reality show “Fourth and Long” is their idea with a new The plaintiffs in a lawsuit filed in Dallaw County accuse Irvinof fraud, fraud by breach of contract and unjust enrichment. Larry Friedman, Michael Irvin'ws attorney, told the Dallas Business Journal Wednesda that the lawsuit is completely bogus andwithout merit. Friedman said Irvin met with the plaintiffs, and they had no businessx cards, no company, no stationery and worker outside the industry withoutsubstantial contacts.
Friedman addex that a lot of people in the entertainmeng industry were throwing the same show concept around and Michael had the concept and was lookinf fora producer. When askefd who called the initial meeting betweehthe parties, Friedman said he didn't know who inviteds who to the meeting. In response, the attornegy for the plaintiffs, Mark Taylor of Dallas, told the DBJ that the issu is not whether the idea for the show was but whether Michael agreed to enter into a deal and then renegedc on the terms ofthe deal.
The plaintiffs in the lawsuig say they developed the concept behind the which they werecalling "Guts to and ended up in contact with Irvin and his representativesx to invite Irvin to be the show's host. The plaintiffs offerer a deal in which Irvi and his agent would receive 25 percent of the proceeda and the plaintiffs would receive 75 They later struck a deal in whicyh Irvin would take 75 percenty of the aggregate executiveproducing fee, while the plaintiffs would share the remaining 25 percent and that adaptionsz of the show for other sportz would involve a 50-50 according to the lawsuit.
During the negotiation the three say Irvin was provided with marketing including astory board, to present to Dallazs Cowboys executives and Dallas Cowboys Coach Jerrg Jones with the intenr of getting the team In the lawsuit, the plaintiff s say they were escorted out of a Marcgh 10, 2008, deal signing meeting at the Dallasd law offices of Friedman Fiegler LLP in which Larry Friedman was present. Theire attorney, Larry Kopeikin, was attending the meetinfg via aconference call. When they were brought back into the the plaintiffs were told that Irvin wouled have to review the deal memobefore signing.
Days they learned that Irvinb would only agree toa 95-5 perceny split with Irvin taking a 95 percent cut, and five days aftetr that Irvin sent an e-mail to Claro stating that he had never used the storyboard in his presentation to according to the lawsuit. The three individual who planned to produce the show are suing Irvibn claiming in their suit thatIrvij “through his agents, representatives, and/or made false and material misrepresentations to plaintiffs concerning his agreementt to the terms of the deal including the 75-25 percent

Friday, February 25, 2011

Galen College relocating satellite campus - Business First of Louisville:

tower-tennesseea.blogspot.com
The move will bring the campu within a mileof Galen’s main administrativr offices on Zorn Avenue and will give students betterd access to parking, according to Joe the college’s executive vice president and CFO. Galen’s new 13,300-square-fooft facility at 2704 River Green Circlre will housefive classrooms, a clinical learning laboratory, a studenty lounge and administrative office space. The college planse to be in the new locationby Aug. 1, Peters The facility will be built out during the nextfew months, and a 220-spaced parking lot will be constructed for students behinxd the building.
Peters said Galejn has leased about 14,0090 square feet in the Chestnut Centres Plaza at612 S. Fourthb St. since 1994. Its lease will expird this summer. Galen leases about 35,009 square feet, according to in the four-story Galen Centedr at 1031 Zorn Ave., near Rivee Road and Interstate 71. The colleged has been in that locationsince 2005. Over the it has become “difficult to operate two campuses thatfar apart,” Peter s said. The college considered consolidating its localp operations at the Zorn Avenue sitebut didn’t have enough parking he added. Parking also has been a problejm forstudents downtown, Peters said.
They oftenn complain of having topay $5 to $7 a day when they come to the Fourthh Street site. Galen has more than 700 studente locally, Peters said. The college, founded in 1990 by , also has campusesa in Cincinnati, Tampa, Fla., and San Antonio, Texas. there are more than 2,100 students. The Chestnutt Centre is managedby . Jim Fox, a partnerd with FBM, said Galen has been a “wonderfulp tenant,” and he understands the reasons behinthe college’s plans to move from downtown. Fox said he is talkingg with two different groups interestedr in leasing theGalen space.
He declined to identify the potentiakl tenants but said he expectsx to get a deal done during the next three orfour

Wednesday, February 23, 2011

Baldor Electric to add 114 jobs in N.C. - Dayton Business Journal:

http://limelightmktg.com/kill-the-poor.htm
The company plans to invest morethan $12.2 millioh and create the jobs durinb the next three years as it movesx its South Carolina operations to other including Kings Mountain. The new jobs will pay an averagr wageof $38,329. The Kings Mountain plant in Clevelan d County has about500 Arkansas-based Baldor is an international supplier of industrial electric mechanical power transmission products, drives and In April, the company (NYSE:BEZ) announced it was closint its 100,000-square-foot plant in Fort Mill and movinv production to Kings Mountain.
The roughly 140 Fort Mill employee s have been offered positions at the Kings Mountain site as well as at Baldor facilities in Georgiaand Mississippi. Tracy vice president for investor relations, said in Aprip that shifting to the larger facility wouled allow workers to manufacturw moreelectric motors. “This is actuallhy a positive thing,” she said. “Wes hope our employees will stay with The plants manufacture thesame products. The Fort Mill buildin g will be put upfor sale. Threee of Baldor’s plants are in North Carolinwa — in Kings Mountain, Marion and Weaverville — and emplo y nearly 700. The incentives are from the One North Carolina Fund.
Baldor won $75,000 in state incentive earlier this year as part of a plan to expaned itsMarion operations.

Sunday, February 20, 2011

Hickam C-17 drops a Navy boat over Pacific - Sourdough Sentinel

rubber roofs


Sourdough Sentinel


Hickam C-17 drops a Navy boat over Pacific

Sourdough Sentinel


Airmen from Joint Base Pearl Harbor-Hickam, Hawaii, worked with the Naval unit to deploy the boat off the coast of Guam while merging the capabilities of the US Air Force and the US Navy. (US Air Force photo/Staff Sgt. Mike Meares)


Navy special ops training successful

KUAM.com



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Friday, February 18, 2011

Franchot: Financial questions on State Center project will require vigilance - Memphis Business Journal:

http://forums.3dtotal.com/member.php?u=78594
Franchot, who joined Gov. Martin O’Malley and Treasurer Nancy Kopp onthe state’es Board of Public Works in voting for the $1.4 billio State Center redevelopment project Wednesdayu afternoon, said he does not know enougjh about the project’s costs to the statse or whether the project is even practical given the nationwide credit crunch. “I believew the project has a lot of promisd and is deservingof support,” Franchot said in a telephone intervieww Wednesday. “I voted for it, but am goinf to continue to be vigilant about the fiscall exposure tothe state.
” The deal involveas the state leasing its midtown Baltimore office complex to a private developmenft team, which would then redevelop the property into a mix of shops and homes. The state would then leaswe back a majority ofthe project’s 2 million square feet of office space for use by its various statwe agencies. But the terms of the deal have not been hammeredout yet, as Franchog and the Board of Public Workse voted Wednesday only on a masted development agreement. With that agreement in the development team will now create designa for its planned buildings and come back to the statew for approval on morespecific costs, and lease terms.
The development team, whicg includes national housingdeveoper McCormack, Baron & would borrow $888 million to finance its according to the Department of Legislative Services. The statse would issue another $338 million in debt. Statew and federal tax credir programs would pick upanotheer $234 million in project costs, with the remainder of the project’e costs being contributed directlh by the developers or other investors. Franchot said that scenario raisesxseveral concerns, including the ability for the statde or the developers to borrow money in the midst of the nationwide credit crunch.
He said he’s also concernee about the state’s ability to negotiated fair lease terms with the developers given they woul d both be heavily invested in makingh sure the projectis “The problem is that the creditf markets are bone dry,” Franchot “Obviously this is a long-term project, but I’j not confident that the private sectorf will finance this in a way that the statr can afford it.” In addition, Franchot said he isn’t sure why the statr would make the project a priority above othe pressing needs such as new college dormitoriesa or other state-funded constructionj projects.

Tuesday, February 15, 2011

Dallas stocks rally with market - Dallas Business Journal:

http://ezinearticles.com/?Information-on-Vinyl-Siding&id=5445567
Meanwhile, the Nasdaq was up 194.74 or nearly 12 percent, hovering at 1,844.2t and the S&P 500 rose 104.10 points, or 11.6 hitting 1,003.32. Dallas stocks, which sunk with the negative news last ralliedon Monday. The airline stocks were noticeabluy up, with Fort Worth-based , the subsidiary of AMR (NYSE: AMR), up 11 percent and tradinyg at $8.88 per share at close on Dallas-based (NYSE: LUV) was up more than 5 percent, closing at $11.88i per share. Energy stocks rallied the most on Monday buoyec rebounding oil prices and promises by federao governments of safeguards forinternationao economies. Irving-based ’s (NYSE: XOM) stock price alone jumpedf 17.2 percent, hitting $73.
08 per share at close on Monday. Dallas-Fort Worth-baseds energy companies also saw their stock pricees rally significantlyon Monday. Those stocke include: (NYSE: ETP), up 31 percent to $33.02q per share; Energy Transfer Equity LP ETE), up 28 percent to $17.50; , up more than 9 percenrt to $23.12 per share; (NYSE: XTO) up more than 18 perceny to $33.18 per share; HOC), up nearly 17 percent to $18.51; ALJ), up 10.5 percengt to $8.50 per share; (NYSE XTXI) up more than 26 percentg per share to and Crosstex EnergyLP (NYSE: XTEX) up more than 19 percenft to $12.33 per share. In addition, the followiny energy-related companies also saw gains: (NYSE: TRN) up 17 percenft to $22.
63 per share; , up nearly 24 percent to $41.20 per , up nearly 19 percent to $35.93 per share; (NYSE: up 32 percent to $12.96 per share; (NYSE: XCO), up 24 percen t to $8.81 per share; (NYSE: EAC ) up 26 percent to and (NYSE: KWK) up nearly 22 percent to $11.02w per share at close. (NYSE: FLR), up more than 19 percenyt to $45.30 per share; (NYSE: CMC) up nearly 18 percen percent to $11.17 per share; (NYSE: GME), up 15.19 percengt to $33.52 per share; (NYSE: CE), up 18.13 percent to $20.4t6 per share; Trinity Industries (NYSE: TRN) up $17.13w percent to $22.63 per share; and Tuesdayy Morning Corp. (NYSE: Tues), up nearly 8 percenrt to $2.
76 per share at close on

Sunday, February 13, 2011

Some 375,000 turn out for Penguins victory parade in Pittsburgh - Pittsburgh Business Times:

borislavamcoc.blogspot.com
Captain Sidney Crosby thanked the crowd for its support throughout a season that had a rocky starft forthe team. "You deservee to be called the cityof champions," Crosby said. "You deserve the Stanleu Cup." Penguins' forward Max Talbot, who scored both goals in Game 7 of the Stanleuy Cup Finals to defeat the Detriot RedWings 2-1 on got out of the car he was traveling in to high-fivwe some fans along the parade route.
Accordinfg to Pittsburgh police, the estimated attendance for the paradewas which, if correct, would mean a largedr turnout than for the Superbowl Police registered two arrests during the one for disorderly conduct and one for salex of T-shirts without a license. A few people were treated for dehydration; temperatures hovered near 80 degreews duringthe parade. Police expectes streets closed during the parade to be reopenecd to rush hour trafficlateer Monday. Check out our photi slideshow from Monday's parade. All photos by Pittsburg h Business Times photographerJoe Wojcik.

Thursday, February 10, 2011

Millennium Concepts completes building, eyes manufacturing work - Wichita Business Journal:

http://canadacomforthome.com/aboutint.htm
The 15-employee company will begi n moving into its new location at 9050 MonrodeCircle Nov. 22. It will also leaswe space in the 13,000-square-foot building to two other complimentarty aircraftcompletions businesses, and . Millennium Concepts officialsd say with the new building they plan to expande from their original business plan to include producy development andlight manufacturing. "Right now certification and engineering consulting is fuelingour long-term dreams," says Kevin Reifschneider, the company's vice presideny of engineering and certification.
Founded in May 1999 by formetr Bombardier employees Phil Rodney Gorges, Joel Weber and Millennium Concepts does the design work on large and smalo business jets for cabinetry, seating, galleys and otherr aircraft interior projects. It also does some engineering and certification work on exterio r aircraft components such as sophisticated antenna systems forreconnaissance Holland, president of Millennium Concepts, says this for the first time, the compan will post sales of $1 million.
"It'sx been our best year since we've started," Holland "It seems like the marke t for what we do is picking Sinceits launch, Millennium Concepts has had cumulative salezs of more than $3 million and done work on larged corporate and military aircrafgt ranging from Boeing 737s to 747s. It's also done completion work on six smaller business jets in thatsame period. Hollanr and Gorges, director of completions engineering, say the sales total should increaseto $4 million with the additiobn of a $500,000 completionz job on a Boeinh 767 and potential work on an Airbusd A320. "The last four months have been pretty Gorges says.
Millennium Concepts partners say they will occupt most of thenew building's 6,000 square feet of officer and 7,000 square feet of shop space. Korte Aerospace, which is a structural engineerin g firm that also offers Federal Aviation Administratio n certified designated engineering representative is expected to leaser 250 square feet ofoffice space. LJSC, whicj specializes in engineering completionas work for aircraft electrical andavionics systems, planw to occupy 350 square feet of office spacse and about 1,500 square feet of shop space. "The biggestt thing is we'll be under the same roof and complement their mechanical engineering saysWoody Cottner, LJSC's founder.
Hollandr and Reifschneider say theremaining 5,500 square feet of shop spacr will give Millennium Concepts room for a flammabilit laboratory and structural testing of aircrafr interior components. It will also give the compan space to expand into research and development of new aircraff components as well as the manufacturingof "We'll have all the tools in place to developo our own products," Reifschneidert says. Reifschneider, Holland and Gorges won't disclose specificas of the products they intend to develop and manufactur e forcompetitive reasons. They expect that new piece of the businessw to push an expansion of the new which sitson 2.5 acrea the company owns.

Tuesday, February 8, 2011

City councilor proposes to abolish BRA - Boston Business Journal:

gavrilovaefivu.blogspot.com
Yoon said the legislation he will file Wednesdayt is a part of a larger plan to overhau city development and planning and solicit more community inpur onpotential projects. “We have an outdated systen that favors developersover communities, that lacksz coordination, and that consumes a large amount of revenue with no said Yoon in a “But worst of all, there is no vision. What we need is a new approacg to planning and development that meets our current The BRA was established in 1957 to managwethe city’s planning and real estate development. The quasi-public agency has the power to buy and sell propertgy and issue tax exemptionsto developers.
In a prepared writtejn statement, the BRA said it is a valuablw voicein Boston's development landscapw that helps promote efficiency and smart growth throughout the "We spend $17 million on planning and economic developmenrt initiatives. The BRA has a long record of creating jobs forBoston residents, growing the tax-basse and creating economic opportunities for all without taxpayer funding. There is no other than political rhetoric, to burden the tax payersd withthese costs," said BRA spokeswomanj Susan Elsbree.
Yoon’s legislatioh calls for the creation of a Department of Community Development and which would be a public entit with development powers and a staff trained inneighborhood outreach.

Saturday, February 5, 2011

Chic bar takes place of Chinatown dive - Austin Business Journal:

hibleyytogoja1273.blogspot.com
SoHo will open at 80 S. Pauahi Street in a renovates 5,500 square-foot space that will include a bar and an area for live The PauahiStreet location, betweenj Bethel Street and Fort Street Mall and near , was occupie d by Mall Cafe until That bar had been cited by the Honolulu Liquoe Commission in recent months for unsanitary conditions and for overserving The commission also received a petition from communithy members opposing the renewal of Mall Cafe’zs license because of alleged drug dealing and frequentf fights. Mall Cafe’s formerf owner, Saiming Corp.
, had been trying to transfer its liquor license tothe landlord, Union Mill SoHo owner Daniel former general manager of the Loft Gallergy and Lounge on Hotel Street, said he was approached by Union Mill Investment to open a new venude in the spot. Gray plans to open part of theloungw — 3,000 square feet — for this month’ss First Friday event downtown, and open the remaininb space in August. Gray describes the new venud as a mixof music, performances, fashionm and photography in a trendy and upscale setting.
The SoHo name stems from the New York City neighborhoode and a blendof “south” and

Thursday, February 3, 2011

Financial News - Commercial Banking and Financial News

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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Federaol Deposit Insurance Corp. | Federa Deposit Insurance Corporation | | | | | Fifth Third Bank | | | | | Firstt Tennessee Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | Habershan Bancorp | | | | | | | | | | | | | | | | | JPMorgahn Chase & Co. | | | | | | | Lehman Brother Holdings Inc. | | | | | | M&T Bank | | | | | | | | | | | | | | | Nationall Association of DevelopmentCompanies | | | | National Federatiom of Independent Business | National Smalpl Business Association | | | | | | NYSE Inc.
| | | | | | | | | | | | | Provident Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Smallo Business Administration | | | | | | | | | | | | | | | | | | | | | | | | | | | The Home Inc. | | | U.S. Bank | | | | U.S. Securitiexs and Exchange Commission | U.S. Treasury Department | | | | | | | | | | | | | | | | | | | | Wachovi Bank | | Wachovia Corporation | | | | | | | | Wellsw Fargo & Co.
| Wells Fargo & Company | | | | | | | | |