viningocouqyl1601.blogspot.com
Atlanta-based and Charlotteville, Va.-based reported their plans for the propertty at 222Mitchell Street, but they did not discloser financial terms of the deal. The 350,000-square-foot structure was builtr in stages from 1929 to 1979on 2.1 acres and occupiese the entire city block bounded by Spring, Forsyth, Mitchell and Nelsohn Streets. Orinda and Octagon will convert the propertu into a rental buildingb with 205 loft units and morethan 70,00p0 square feet of commercial space. Occupancy is expected in Januar 2011.
“The redevelopment of 222 Mitchellp Street into rental lofts and retail space will play a significant role in the rebirthg of this part ofdowntown Atlanta,” said Dillo n Baynes, president of Orinda, in a statement. “We’re certaih that living at 222 Mitchell Streetg will appeal to young professionals whowork downtown, as well as to college students, especially those who alreadu attend one of the many fine institutions in the area, such as Georgia State Spelman, Morehouse, Clark Atlanta University and Georgia Tech.
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Monday, May 30, 2011
Saturday, May 28, 2011
Galveston moves forward on cruise terminal repairs - Houston Business Journal:
ivyhofy.wordpress.com
Gerald Sullivan, chairman of the Board of Trusteexs of theGalveston Wharves, which oversees port said crews are working around the clock on the damaged terminal buildings. The first ship schedulee to depart after that targetg date isthe Ecstacy, operatex by , on Oct. 4. The agreedx to divert Carnival Cruises Line ships to its newly opened Bayportg Cruise Terminal after Hurricane Ike smashed into the Gulf Coasgton Sept. 13. Hundreds of cruis e ship customers’ vehicles left that weekend in Galveston’s port parkinv lots were destroyed or damaged by the massivstorm surge. Galveston’s port has re-opened to smalle vessels while dredging issues are beinbworked out.
Although access to Pelicanb Island had been cut off the week after the hurricansroared through, Sullivan said one of the port’sz key Pelican Island tenants, , re-opened on 22 with limited operations. Sullivan was part of the groupo of officials representingthe Houston-Galveston including Houston Mayor Bill White, that traveled to Washington, on Sept. 23 to make a pitchy for a huge infusion of federal fundint in the wakeof Ike’sx devastation. Galveston Mayor Lyda Ann Thomas has requestexa $2.4 billion rescue package to be used to restore infrastructurwe on the island and for repairs to the , the port and the city. Mayofr White requested a similar amoungfor Houston.
Sullivan said the group was metwith “sympathetivc ears” in the nation’xs capital, and he expects a decision on the speciapl funding allocation could be reachee within a week. Damages from Ike’ds path of destruction across Texas are estimatede to rangebetween $25 billion and $50
Gerald Sullivan, chairman of the Board of Trusteexs of theGalveston Wharves, which oversees port said crews are working around the clock on the damaged terminal buildings. The first ship schedulee to depart after that targetg date isthe Ecstacy, operatex by , on Oct. 4. The agreedx to divert Carnival Cruises Line ships to its newly opened Bayportg Cruise Terminal after Hurricane Ike smashed into the Gulf Coasgton Sept. 13. Hundreds of cruis e ship customers’ vehicles left that weekend in Galveston’s port parkinv lots were destroyed or damaged by the massivstorm surge. Galveston’s port has re-opened to smalle vessels while dredging issues are beinbworked out.
Although access to Pelicanb Island had been cut off the week after the hurricansroared through, Sullivan said one of the port’sz key Pelican Island tenants, , re-opened on 22 with limited operations. Sullivan was part of the groupo of officials representingthe Houston-Galveston including Houston Mayor Bill White, that traveled to Washington, on Sept. 23 to make a pitchy for a huge infusion of federal fundint in the wakeof Ike’sx devastation. Galveston Mayor Lyda Ann Thomas has requestexa $2.4 billion rescue package to be used to restore infrastructurwe on the island and for repairs to the , the port and the city. Mayofr White requested a similar amoungfor Houston.
Sullivan said the group was metwith “sympathetivc ears” in the nation’xs capital, and he expects a decision on the speciapl funding allocation could be reachee within a week. Damages from Ike’ds path of destruction across Texas are estimatede to rangebetween $25 billion and $50
Wednesday, May 25, 2011
Glu Mobile CEO Ballard departing - San Francisco Business Times:
http://sisterfriends.org/officers/tajuana.htm
San Mateo-based Glu (NASDAQ:GLUU) said that Ballard will remain on the job untilp a successoris found. The companyu said it has retained Marthw Josephsonof , an executive recruiting to help identify candidates to replacer Ballard. “After six years, I have decided the timinhg is right to look for anew I’m incredibly proud of how much we accomplished during my tenure, having built what I believe to be a world-clas s global enterprise," Ballard said in a prepared statement.
“Thee Glu board and I also shars the view that this is a good time to brin in new leadership forthe company, as we focusa on returning to generating positive cash and begin even greatef investment in next-generation mobile platforms." Separately, Glu said Thursday that its boards of directors elected Dan Skaffr and Bill Miller as co-chairmen. Glu, foundedx in 2001, publishes titles including Bonsai Blast, Super K.O. Boxing!, Stranded and Brainb Genius, as well as title s based on major brands from partnersincluding Atari, Activision, Konami, Harrah’s, Hasbro, Warner Bros., Microsoft, PopCap Games, SEGA and Sony.
In additioh go San Mateo, the company has offices in Greatf Britain, France, Germany, Spain, Poland, Russia, China, Brazil, Chile, Canadsa and Mexico.
San Mateo-based Glu (NASDAQ:GLUU) said that Ballard will remain on the job untilp a successoris found. The companyu said it has retained Marthw Josephsonof , an executive recruiting to help identify candidates to replacer Ballard. “After six years, I have decided the timinhg is right to look for anew I’m incredibly proud of how much we accomplished during my tenure, having built what I believe to be a world-clas s global enterprise," Ballard said in a prepared statement.
“Thee Glu board and I also shars the view that this is a good time to brin in new leadership forthe company, as we focusa on returning to generating positive cash and begin even greatef investment in next-generation mobile platforms." Separately, Glu said Thursday that its boards of directors elected Dan Skaffr and Bill Miller as co-chairmen. Glu, foundedx in 2001, publishes titles including Bonsai Blast, Super K.O. Boxing!, Stranded and Brainb Genius, as well as title s based on major brands from partnersincluding Atari, Activision, Konami, Harrah’s, Hasbro, Warner Bros., Microsoft, PopCap Games, SEGA and Sony.
In additioh go San Mateo, the company has offices in Greatf Britain, France, Germany, Spain, Poland, Russia, China, Brazil, Chile, Canadsa and Mexico.
Monday, May 23, 2011
T-Mobile unleashes new unlimited plans - CNET
Metal siding
CNET | T-Mobile unleashes new unlimited plans CNET The company's simplest smartphone-focused option, offering unlimited talk and text, as well as 200MB of data, costs $69.99 per month for a single line. The same plan for 5GB of data costs $89.99, while the 10GB option will set customers back $119.99. ... |
Saturday, May 21, 2011
Ecuador Sees Oil Extraction Deals In July Or August - NASDAQ
lebexab.wordpress.com
Ecuador Sees Oil Extraction Deals In July Or August NASDAQ SANTA CRUZ, Bolivia -(Dow Jones)- Ecuador expects to wrap up deals for oil extraction at four mature oil fields in two or thee months, an adviser to Ecuador's nonrenewable resources ministry told Dow Jones ... |
Wednesday, May 18, 2011
Fifth Third completes share exchange - Business First of Columbus:
ywyjihu.wordpress.com
Each of the depositary shares representsa 1/250ty interest in a share of 8.5 percenr noncumulative perpetual convertible preferred stock-Seriesw G, the bank It said almost 7 million sharesz were tendered, valued at about $696.2 million. As a resultt of the transaction, Fifth Third (NASDAQ:FITB) will issue about 60 million common shares and payaboutg $230 million in cash. The settlement is expected to take place The bank said the along witha $1 billiob securities offering completed June 4, satisfu the government’s request that Fifth Thirdr raise its Tier 1 common equity by $1.1 Although it was deemed adequatelyu capitalized, Fifth Third was among the U.S.
bankds ordered by the government to raise more money as a cushio n against aworsening economy. The bank said it expects to raiser anadditional $1.2 billion in Tier 1 equity from the sale of a majority stakee in Fifth Third Processing Solutions to Advent That deal is expected to closed in the second quarter. Fifth Third, based in is one of the largest banks operating inCentral Ohio. It runs 1,300 officeas and more than 2,300 ATMs in Kentucky, Indiana, Georgia, North Carolina, Michigan, Florida, Tennessee, West Virginia, Pennsylvania and Missouri.
Each of the depositary shares representsa 1/250ty interest in a share of 8.5 percenr noncumulative perpetual convertible preferred stock-Seriesw G, the bank It said almost 7 million sharesz were tendered, valued at about $696.2 million. As a resultt of the transaction, Fifth Third (NASDAQ:FITB) will issue about 60 million common shares and payaboutg $230 million in cash. The settlement is expected to take place The bank said the along witha $1 billiob securities offering completed June 4, satisfu the government’s request that Fifth Thirdr raise its Tier 1 common equity by $1.1 Although it was deemed adequatelyu capitalized, Fifth Third was among the U.S.
bankds ordered by the government to raise more money as a cushio n against aworsening economy. The bank said it expects to raiser anadditional $1.2 billion in Tier 1 equity from the sale of a majority stakee in Fifth Third Processing Solutions to Advent That deal is expected to closed in the second quarter. Fifth Third, based in is one of the largest banks operating inCentral Ohio. It runs 1,300 officeas and more than 2,300 ATMs in Kentucky, Indiana, Georgia, North Carolina, Michigan, Florida, Tennessee, West Virginia, Pennsylvania and Missouri.
Monday, May 16, 2011
Rite Aid nixes Baltimore convention - Dayton Business Journal:
http://its-titles.com/15instruc.htm
Rite Aid, which lost $2.9 billion in its latestr fiscal year and is shuttering distribution centerz as it grapples withthe recession, is one of many big companiesw pulling out of conferences plans and conventions nationwide. And such cancellationsa are hurting what hospitality expertscall “destinatioh cities” at a time when the industry is already struggling with the economic downturn. The nationall drugstore chain, based in Camp Pa., had been one of Baltimore’s biggestr conventions in recent years, bringing 6,0009 people to town and pumping $6 millionn from direct spending into the city in 2008 and morethan $7 milliomn the year before.
The company had originally booked 14,5009 hotel room nights for its nine-day expo in but had to scrap the convention because offinancial pressures. The company reportedx fourth quarter revenue for fiscaol 2009of $6.7 billion. “The decision stemsd from the economic times,” said Ashleyg Flower, a Rite Aid “We felt it was necessart and similar to what other companies need to make as a Flower said the compangy is in discussions to reschedule its management conferenc eand expo, but no definite decision has been made yet. Officialds declined to say when or where the next expo wouldtake “We can’t book these things overnight,” Flower said.
The Baltimore Area Conventioj and Visitors Association is on the hunt for new vendors and conferencess forthe Aug. 10-19 time officials said. But for hotels and restaurants in the Rite Aid’s cancellation stings. “That just took a big hunk out of our saidDee O’Horan, head concierge at . The occupancy drop could reducsethe hotel’s work concierge employees have already had their hours reduced to two days a she said. “It was one of the biggest that conference usually fills most ofthe city’s hotels,” O’Horan said. Nationally, the exhibition industry — conventions, conferences and exposa — saw an 11.
6 percent decline in shows and revenue in the first three months of the according to the Center for ExhibitiojIndustry Research. Revenue alone from conventionsdroppedr 19.7 percent in the firsgt quarter compared with the same period in 2008. Other corporations cutting back on conferencexs include Microsoftand eBay, which have recentlhy canceled conferences slated for Seattle and Atlanta, respectively. The Rite Aid because it spansnine days, also enabled the 6,000 attendeesd to get around the city and dine at restaurants more frequently, restaurateurs said. That lost foot traffic will eat intorestauranyt sales, they said.
“Oh, bummer,” said Marthq Lucius, owner of Bohéme Cafe downtown. “When we lose a we lose a lot.” Erik concierge for , said the cancellationj not only causes major vacancies for Inner Harbor but also for hotelsaround Baltimore/Washington Internationalk Thurgood Marshall Airport. will also take a hit. Rite Aid stageds tents and rented theentire 170,000-square-fooy Inner Harbor museum for a party during its last two conventionz in Baltimore. More than 3,000p people attended each event, said Chrisw Cropper, the science center’s senior director of “It was one of the biggef rental events that we have at theScienced Center,” he said.
“Obviously not to have that busines s this year will have some kind of impactyon us.” Cropper could not pinpoint how much totalo revenue would be lost from the cancellation. The evengt forced the attraction to close earlier to the public on the day it was Cropper said, and officials hope to recover some of the lost incomer by being open for the entirwe day this year.
Rite Aid, which lost $2.9 billion in its latestr fiscal year and is shuttering distribution centerz as it grapples withthe recession, is one of many big companiesw pulling out of conferences plans and conventions nationwide. And such cancellationsa are hurting what hospitality expertscall “destinatioh cities” at a time when the industry is already struggling with the economic downturn. The nationall drugstore chain, based in Camp Pa., had been one of Baltimore’s biggestr conventions in recent years, bringing 6,0009 people to town and pumping $6 millionn from direct spending into the city in 2008 and morethan $7 milliomn the year before.
The company had originally booked 14,5009 hotel room nights for its nine-day expo in but had to scrap the convention because offinancial pressures. The company reportedx fourth quarter revenue for fiscaol 2009of $6.7 billion. “The decision stemsd from the economic times,” said Ashleyg Flower, a Rite Aid “We felt it was necessart and similar to what other companies need to make as a Flower said the compangy is in discussions to reschedule its management conferenc eand expo, but no definite decision has been made yet. Officialds declined to say when or where the next expo wouldtake “We can’t book these things overnight,” Flower said.
The Baltimore Area Conventioj and Visitors Association is on the hunt for new vendors and conferencess forthe Aug. 10-19 time officials said. But for hotels and restaurants in the Rite Aid’s cancellation stings. “That just took a big hunk out of our saidDee O’Horan, head concierge at . The occupancy drop could reducsethe hotel’s work concierge employees have already had their hours reduced to two days a she said. “It was one of the biggest that conference usually fills most ofthe city’s hotels,” O’Horan said. Nationally, the exhibition industry — conventions, conferences and exposa — saw an 11.
6 percent decline in shows and revenue in the first three months of the according to the Center for ExhibitiojIndustry Research. Revenue alone from conventionsdroppedr 19.7 percent in the firsgt quarter compared with the same period in 2008. Other corporations cutting back on conferencexs include Microsoftand eBay, which have recentlhy canceled conferences slated for Seattle and Atlanta, respectively. The Rite Aid because it spansnine days, also enabled the 6,000 attendeesd to get around the city and dine at restaurants more frequently, restaurateurs said. That lost foot traffic will eat intorestauranyt sales, they said.
“Oh, bummer,” said Marthq Lucius, owner of Bohéme Cafe downtown. “When we lose a we lose a lot.” Erik concierge for , said the cancellationj not only causes major vacancies for Inner Harbor but also for hotelsaround Baltimore/Washington Internationalk Thurgood Marshall Airport. will also take a hit. Rite Aid stageds tents and rented theentire 170,000-square-fooy Inner Harbor museum for a party during its last two conventionz in Baltimore. More than 3,000p people attended each event, said Chrisw Cropper, the science center’s senior director of “It was one of the biggef rental events that we have at theScienced Center,” he said.
“Obviously not to have that busines s this year will have some kind of impactyon us.” Cropper could not pinpoint how much totalo revenue would be lost from the cancellation. The evengt forced the attraction to close earlier to the public on the day it was Cropper said, and officials hope to recover some of the lost incomer by being open for the entirwe day this year.
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