grearqakususi1426.blogspot.com
Single-family home sales in June, for example, were equallyh split between the lower pricr ranges that appealto first-time homebuyers and pricier housesa that attract homebuyers moving up to large r and/or more expensive homes. "Earlier this the majority of resale home activitywas first-time distressed properties and investor activity," independeng Littleton broker Gary Bauetr said in a statement. "June appears to be the transitio to a normal Denvermarket -- a market with both first-timde homebuyer activity as well as activity." Resale homes are those that have sold at leastg once before. Combined sales of single-family houses and condominiumeincreased 15.
4 percent to 4,186 in June from 3,628 in May. Late springt and summer traditionally arethis country's primed home-selling season, because familie s buying and selling homes try to complete deals and move when childrenb are out of school. But June home sales this year weredown 13.6 percent from 4,845 for the same monthj of 2008. In June, 3,328 single-family homes were up from 2,857 sales in May, but down from 3,847u for the year-prior June. Last condo sales rose to 858 from 771 in but were down from 998 year over Average sold price for both types of homerose 6.34 perceng to $258,434 in June from $243,022 in May. That price was down 3.
21 percent from June 2008'sa average selling price of $267,005. Averagr sold price for single-family homes -- which is up from $262,066 in May, but down from $286,887 from the year-prior June. Median sold price for single-family homes -- up from both the previouw month ($220,000) and from June 2008 The median sold prices for a home is the middle price between highest and lowest. It's considered a truer measurr of price than average by many real estate professionalxbecause it's not skewed by highesty and lowest prices.
Average sold price for condos -- $161,939, down from $172,45e in May and $190,367 year over Median sold price forcondos -- up from $137,000 in May, but a drop from $148,34r for the year-prior June. Condos also are selling fastert lately, with an average of 97 days on the markegtin June, down from 110 days in May and from 108 days year over For this year's first six total home sales and sold prices were down from the same perio d of 2008, according to Combined sales of single-family homes and condos decreased 17.5 percengt to 19,363 from 23,471 for the firstr six months of last Average selling price was down nearly 8 perceny to $235,930 from $256,408.
Average days on the market for both housinh types dipped to 104 through from 106 for the same periodof 2008. Other year-to-date data throughg June, compared to the same period of include: Single-family homes sold -- 15,432, down from Average single-family home sold price -- $256,353, down from Median single-family home sold price -- down from $224,900. Condos sold -- down from 4,910. Average sold price for condods -- $155,753, down from $176,426. Median sold price for condosd -- $129,000, down from $139,000.
Basedd in Greenwood Village, Metrolist is metro Denver's Multiplse Listing Service, which is an association of real estate broker s that share property listings witheach
Thursday, September 29, 2011
Tuesday, September 27, 2011
TDW Enters Oversold Territory - Forbes
bhutan-warwick.blogspot.com
TDW Enters Oversold Territory Forbes In trading on Tuesday, shares of Tidewater Inc. (NYSE: TDW) entered into oversold territory, changing hands as low as $44.93 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used ... |
Sunday, September 25, 2011
Husch Blackwell Sanders LLP - Kansas City Business Journal:
Kitchenaid Refrigerators
Parties: Kansas City-based Blackwellk Sanders, a firm on the Plaza that grew a practice once consistinv of nearly exclusively insurance law toa full-servicre corporate firm employing 337 lawyers. St. Louis-based Huschy has similarly wide-ranging corporate practices and employas298 lawyers. Summary: The two firms announcec Dec. 20 that they would becoming Missouri's second-largest firm, behind . The deal is the biggest law firm merge r in Kansas City infive years. The combined firm will be called when the deal which is expected by the end of January or the beginningof February. Still unknown is where the firms willcombine offices.
Both organizationx have long-term leases remaining in Kansasz City. Effect: Firm leaders on both sides of the deal said the merget would allow both firms to possesa deeper practice areas and betterserve clients, which includee , and . "We've got our bench strength in probably 30-plus areasa of law now, which is hard to matcb in the central area of the saidDavid Fenley, the chairmaj of Blackwell Sanders. "And that's goinv to give us a lot of opportunitt to serve our existingb clients better than wedo now, and give us the frankly, to expand.
"
Parties: Kansas City-based Blackwellk Sanders, a firm on the Plaza that grew a practice once consistinv of nearly exclusively insurance law toa full-servicre corporate firm employing 337 lawyers. St. Louis-based Huschy has similarly wide-ranging corporate practices and employas298 lawyers. Summary: The two firms announcec Dec. 20 that they would becoming Missouri's second-largest firm, behind . The deal is the biggest law firm merge r in Kansas City infive years. The combined firm will be called when the deal which is expected by the end of January or the beginningof February. Still unknown is where the firms willcombine offices.
Both organizationx have long-term leases remaining in Kansasz City. Effect: Firm leaders on both sides of the deal said the merget would allow both firms to possesa deeper practice areas and betterserve clients, which includee , and . "We've got our bench strength in probably 30-plus areasa of law now, which is hard to matcb in the central area of the saidDavid Fenley, the chairmaj of Blackwell Sanders. "And that's goinv to give us a lot of opportunitt to serve our existingb clients better than wedo now, and give us the frankly, to expand.
"
Friday, September 23, 2011
Family, friends arrive at funeral - The News Journal
fugowirik.wordpress.com
6abc.com | Family, friends arrive at funeral The News Journal Family, friends arrive at Szczerba funeral: Family and friends arrived at the Center on the Riverfront Friday morning to honor f » |
Wednesday, September 21, 2011
Monday, September 19, 2011
Brewer puts state budget hole at $4B, unveils tax increase, budget plans - Minneapolis / St. Paul Business Journal:
idozxun.blogspot.com
Brewer has talked about a five-point budgeft plan for months, but has not officially laid out her The Republican governor sent a budgety outline to the Legislature on It includes asking voteres to approvea 36-month, 1-cent increase to the state’s 5.6 percent sales tax. She does not want to extende the sales tax to currently exempted servicesand items. A Democrati plan unleashed last week would lower the salestax rate, but extensd it to various services not alreadt taxed. The governor’s budget plan puts the fiscal 2010 deficitat $4 up from previous estimateds of $3 billion.
Brewer’s budget also calls for a three-yeat phase-out of the $250 million state equalizationj rateproperty tax. That tax has been on hiatus, but will come back at the end of the year withoutrfurther action. Business and real estate groups favo r a full repeal of theequalization tax. “While the governor’s budget regardint state equalization repeal is a step our organization cannot accept multiplwe historic tax increases without requisite spending cuts that approacj what the private sector hasalreadhy endured,” said Tim Lawless, Arizona presideny of the National Association of Industrial and Office Propertie real estate group.
“Noqw is especially not the time to raise property taxees withthe Prop. 13 movemenyt lurking. We are however, to a ballot referral that lets the peopld decide whether they want the sales tax rates increasecd along with a future ballot measure to adjust automaticspending increases.” Lawless warnec that bringing back a property tax that hits both homeownerse and businesses could help spur 2010 ballot measure that impose California Proposition 13-styl restrictions on property taxation. Brewerr said the sales tax increase wouldsbe temporary, and she would like to see some reductiones down the road to corporate and business taxeas to help attract investments to the state.
Antitac advocates and conservative lawmakers oppose the sale s tax increase and want to try to solved the fiscal 2010 budget without raising Brewer has promised to veto budgets that rely too much on federao stimulus money and program cuts to balancethe budget. The governor’s budgetr also looks to protect university and public health funding via federapstimulus money, and wants voters in 2010 to undo current restrictionzs that keep the Legislature from cutting voter-mandatesd spending. Teachers unions and Democrats opposethat idea.
Brewer has talked about a five-point budgeft plan for months, but has not officially laid out her The Republican governor sent a budgety outline to the Legislature on It includes asking voteres to approvea 36-month, 1-cent increase to the state’s 5.6 percent sales tax. She does not want to extende the sales tax to currently exempted servicesand items. A Democrati plan unleashed last week would lower the salestax rate, but extensd it to various services not alreadt taxed. The governor’s budget plan puts the fiscal 2010 deficitat $4 up from previous estimateds of $3 billion.
Brewer’s budget also calls for a three-yeat phase-out of the $250 million state equalizationj rateproperty tax. That tax has been on hiatus, but will come back at the end of the year withoutrfurther action. Business and real estate groups favo r a full repeal of theequalization tax. “While the governor’s budget regardint state equalization repeal is a step our organization cannot accept multiplwe historic tax increases without requisite spending cuts that approacj what the private sector hasalreadhy endured,” said Tim Lawless, Arizona presideny of the National Association of Industrial and Office Propertie real estate group.
“Noqw is especially not the time to raise property taxees withthe Prop. 13 movemenyt lurking. We are however, to a ballot referral that lets the peopld decide whether they want the sales tax rates increasecd along with a future ballot measure to adjust automaticspending increases.” Lawless warnec that bringing back a property tax that hits both homeownerse and businesses could help spur 2010 ballot measure that impose California Proposition 13-styl restrictions on property taxation. Brewerr said the sales tax increase wouldsbe temporary, and she would like to see some reductiones down the road to corporate and business taxeas to help attract investments to the state.
Antitac advocates and conservative lawmakers oppose the sale s tax increase and want to try to solved the fiscal 2010 budget without raising Brewer has promised to veto budgets that rely too much on federao stimulus money and program cuts to balancethe budget. The governor’s budgetr also looks to protect university and public health funding via federapstimulus money, and wants voters in 2010 to undo current restrictionzs that keep the Legislature from cutting voter-mandatesd spending. Teachers unions and Democrats opposethat idea.
Saturday, September 17, 2011
Motivated Mets End Their Slump - New York Times
amesit.wordpress.com
Motivated Mets End Their Slump New York Times “I give him a lot of credit,†Wright said with a smile. “But I'm not quite ready to give him credit for 20 hits.†A version of this article appeared in print on September 17, 2011, on page D5 of the New York edition with the headline: Motivated Mets ... |
Wednesday, September 14, 2011
Israel Project, J Street argue against cutting PA funds - Jerusalem Post
cicugaha.wordpress.com
Sydney Morning Herald | Israel Project, J Street argue against cutting PA funds Jerusalem Post By REUTERS US Jewish groups fear that cutting security PA funding could imperil Israeli security; some lawmakers willing to consider maintaining aid. WASHINGTON - Some American Jewish groups are worried about possible US aid cuts to the Palestinians ... Obama: Israel would hurt itself by cutting off PA US warns Palestinians they face aid cuts Some pro-Israel groups defend US aid to Palestinians |
Monday, September 12, 2011
Riverside firm to add 100 jobs - Washington Business Journal:
plesciamipukoa1855.blogspot.com
In the past week, the Riverside-basec company expanded its Peach Statwe facility froma 6,000-square-foot office to a 40,000-square-footg building. The new building dwarfs CDO’es local headquarters, which is about 15,000 squarre feet. The Georgia expansion — near comes after the company received additional work from anexistint $96 million contract awarded in 2005. CDO performsw technical data and engineering supporft atthe , at the base. The 13,000-personm center is a support and repair depot for a varietof aircraft, including the gigantic C-5 Galaxy.
Companh Vice President Don Ertel did not disclose how much revenur the additional work will but said it will add 20 new employees immediatelyy and another 80 by the end ofthe year. CDO currentl has about 315 employees, 85 of whichy are local, said Dave Stack, CDO directod of corporate developmentand communications. Last Januar the company had 305 total employees with225 local, accordingg to research. The company is making the shift after programs at dried up or shifteed awayfrom CDO’s expertise. “Wright-Pat t used to be our bread and butter,” Stack said.
Within the past few months, the companyu was selected to bid on a potof $428 used to deliver Radio Frequency Identificatiom (RFID) solutions to federal defense and non-defense users. It will be administeredd by the . The contract is for state-of-the-art methods to monitor and tracki itemsand people. The company also made the short list of contractors in March allowed to bid on aseparate $75.5 million from the . The contracft will lay the groundwork for CDO to work with the or the to integrated RFID infrastructure within itssupply chain.
Most of the work will be performeds at locations outside theDaytonm region, but any projects the company wins will be manages out of the headquarters, thus boosting its local staff, Ertelk said. The 19-year-old company is making significant strides securing businessoutside Wright-Patt, CDO Presidenf and CEO Al Wofford said in an employere newsletter. “We are fortunate at CDO to have a broadsbusiness base,” Wofford wrote. “This didn’t happenn overnight.” Ertel said the company recentl hired a commercial businessdevelopment manager, as CDO seeks to translate its governmenrt success into the commercial marketplace.
In the past week, the Riverside-basec company expanded its Peach Statwe facility froma 6,000-square-foot office to a 40,000-square-footg building. The new building dwarfs CDO’es local headquarters, which is about 15,000 squarre feet. The Georgia expansion — near comes after the company received additional work from anexistint $96 million contract awarded in 2005. CDO performsw technical data and engineering supporft atthe , at the base. The 13,000-personm center is a support and repair depot for a varietof aircraft, including the gigantic C-5 Galaxy.
Companh Vice President Don Ertel did not disclose how much revenur the additional work will but said it will add 20 new employees immediatelyy and another 80 by the end ofthe year. CDO currentl has about 315 employees, 85 of whichy are local, said Dave Stack, CDO directod of corporate developmentand communications. Last Januar the company had 305 total employees with225 local, accordingg to research. The company is making the shift after programs at dried up or shifteed awayfrom CDO’s expertise. “Wright-Pat t used to be our bread and butter,” Stack said.
Within the past few months, the companyu was selected to bid on a potof $428 used to deliver Radio Frequency Identificatiom (RFID) solutions to federal defense and non-defense users. It will be administeredd by the . The contract is for state-of-the-art methods to monitor and tracki itemsand people. The company also made the short list of contractors in March allowed to bid on aseparate $75.5 million from the . The contracft will lay the groundwork for CDO to work with the or the to integrated RFID infrastructure within itssupply chain.
Most of the work will be performeds at locations outside theDaytonm region, but any projects the company wins will be manages out of the headquarters, thus boosting its local staff, Ertelk said. The 19-year-old company is making significant strides securing businessoutside Wright-Patt, CDO Presidenf and CEO Al Wofford said in an employere newsletter. “We are fortunate at CDO to have a broadsbusiness base,” Wofford wrote. “This didn’t happenn overnight.” Ertel said the company recentl hired a commercial businessdevelopment manager, as CDO seeks to translate its governmenrt success into the commercial marketplace.
Saturday, September 10, 2011
Downtown Staybridge Suites seeks receivership - Tampa Bay Business Journal:
http://artslit.org/HB_enteringtext_questtab.htm
SJ Properties Suites Buyco EHF, whicn includes an investor from Reykjavik, filed the petition Monday in Milwaukee CountuCircuit Court. Judge Mel Flanagah scheduled a hearing for June 30 on a motion to appoint Milwaukeed attorney Seth Dizard asthe receiver. Work stoppedr in December 2008 onthe high-rise at 1150 N. Waterd Street when the construction managedr and developer DOC Milwaukeebecam insolvent, according to the receivership petition. The Icelandi c investors said that in Novembef 2006 they provided an advancseof $17.4 million for a 120-room extended stay hotel and at leasg 18 luxury condos. The project also received $13.
4 millionh in financing from a unit of in which in May was placed in receivership bythe FDIC. The Milwaukeer receivership petition said the property on Water Street already has flooring and fixtures in the Staybridge portiomnof project. Liens against the projectf total morethan $3.4 million, according to the receivershilp petition. The largest liens were fileds by Milwaukee-area contractors and suppliersUihlein Electric, , and Klein-Dickert. SJ Properties recently sued DOC Milwaukee and Economou Partner sin U.S. District Court in Milwaukee claiming a fraudulengt transfer of funds intendee for the WaterStreet project.
SJ Properties Suites Buyco EHF, whicn includes an investor from Reykjavik, filed the petition Monday in Milwaukee CountuCircuit Court. Judge Mel Flanagah scheduled a hearing for June 30 on a motion to appoint Milwaukeed attorney Seth Dizard asthe receiver. Work stoppedr in December 2008 onthe high-rise at 1150 N. Waterd Street when the construction managedr and developer DOC Milwaukeebecam insolvent, according to the receivership petition. The Icelandi c investors said that in Novembef 2006 they provided an advancseof $17.4 million for a 120-room extended stay hotel and at leasg 18 luxury condos. The project also received $13.
4 millionh in financing from a unit of in which in May was placed in receivership bythe FDIC. The Milwaukeer receivership petition said the property on Water Street already has flooring and fixtures in the Staybridge portiomnof project. Liens against the projectf total morethan $3.4 million, according to the receivershilp petition. The largest liens were fileds by Milwaukee-area contractors and suppliersUihlein Electric, , and Klein-Dickert. SJ Properties recently sued DOC Milwaukee and Economou Partner sin U.S. District Court in Milwaukee claiming a fraudulengt transfer of funds intendee for the WaterStreet project.
Thursday, September 8, 2011
Lawyers' collections sideline turns into a big deal - San Francisco Business Times:
efenytan.wordpress.com
The lawyers hoped that the LLC, launched with one full-time employee, would be a good sources of referrals for construction defect litigation and othef legal work and be an efficient way to generateextrza income. Instead, during the past year, filing by Stonehenge, which represents condo and homeowners' associations in non-judicial foreclosures, have and its staff has growhn tofour full-time employees. "We are all threse of us probably putting in half a day each day that relatesato Stonehenge," said president of Stonehenge.
"A lot of managerd don't understand foreclosure or and the paradigmfor homeowners'' associations has changed so rapidly over the last year and a half that experiencex managers are trying to come to gripsx with what is happening." Not always lucrative, the collectionsa business for homeowner associations is growing as more peopler are unable to pay theidr mortgages and/or the monthly assessments used to maintain common areass like lawns, building façades and roofing. More associationas are turning over cases of delinquent homeowners to trusteee services like Stonehenge because threatening letters are nolonger enough.
"Their big club is to foreclose on the properthy if theowner doesn't pay," said Tyler whose Alamo law firm, LLP, represents homeowners associations in litigation but isn't in the collections "If the bank is alreadyh foreclosing, so much for the big club." The job of gettingy people to pay their assessments only gets more difficult as people lose valus in their investments. "It is gettinb worse and worse, and the impactsz are terrible," said Doug Christison, president of Christison Co., a propertyh management firm in Livermore.
"In our littled portfolio, we have lost $1 billion worth of assets (in market value) out of the 8,000p homes we manage, primarily as a result of new compds being created by the lenders who are just wholesaling the things said Christison. "There is a lot of motivation for people in the communitiezs to just walk away fromtheir homes." Christison said that the last time he 60 days ago, approximately 900 of the 8,000 properties he managees were delinquent on their assessments.
He has also been calle d in on several cases to advised in situations where the delinquencies are becoming In one Fairfield community with 140 new 19 arein foreclosure, two are in bankruptcy, 13 are in collectionse and nine have been foreclosed upon and resold. "Whaf we are seeing is people have stoppef paying because they haveno equity," he said. If a bank actuallgy forecloses ona property, the homeowneres association should get paid for any delinquent But that doesn't always happen. "If we can talk to the righty person atthe bank, we can explaij that we have lien rights," said Ann an Oakland-based sole practitioner.
The proble m is finding the rightperson isn't alwaysw easy. Also, lawyers say banks are waiting longerr to forecloseon properties. "This is similare to a pattern we saw in the said Paul Terry ofAngiuse & Terry LLP, a law firm with offices in Walnutf Creek, Sacramento, San Jose and "Banks are becoming less and less aggressive about pursuinyg foreclosures, and that really puts the homeowners' associations in a bind. "Ic we foreclose on the property, then the associationh owns the property, but it is subjecy to the first (lien, usually the lender)," said whose firm offers collection services. "What will the homeownerxs association do withthe property?
They can'tr sell it. ... It doesn'f recover on its lien."
The lawyers hoped that the LLC, launched with one full-time employee, would be a good sources of referrals for construction defect litigation and othef legal work and be an efficient way to generateextrza income. Instead, during the past year, filing by Stonehenge, which represents condo and homeowners' associations in non-judicial foreclosures, have and its staff has growhn tofour full-time employees. "We are all threse of us probably putting in half a day each day that relatesato Stonehenge," said president of Stonehenge.
"A lot of managerd don't understand foreclosure or and the paradigmfor homeowners'' associations has changed so rapidly over the last year and a half that experiencex managers are trying to come to gripsx with what is happening." Not always lucrative, the collectionsa business for homeowner associations is growing as more peopler are unable to pay theidr mortgages and/or the monthly assessments used to maintain common areass like lawns, building façades and roofing. More associationas are turning over cases of delinquent homeowners to trusteee services like Stonehenge because threatening letters are nolonger enough.
"Their big club is to foreclose on the properthy if theowner doesn't pay," said Tyler whose Alamo law firm, LLP, represents homeowners associations in litigation but isn't in the collections "If the bank is alreadyh foreclosing, so much for the big club." The job of gettingy people to pay their assessments only gets more difficult as people lose valus in their investments. "It is gettinb worse and worse, and the impactsz are terrible," said Doug Christison, president of Christison Co., a propertyh management firm in Livermore.
"In our littled portfolio, we have lost $1 billion worth of assets (in market value) out of the 8,000p homes we manage, primarily as a result of new compds being created by the lenders who are just wholesaling the things said Christison. "There is a lot of motivation for people in the communitiezs to just walk away fromtheir homes." Christison said that the last time he 60 days ago, approximately 900 of the 8,000 properties he managees were delinquent on their assessments.
He has also been calle d in on several cases to advised in situations where the delinquencies are becoming In one Fairfield community with 140 new 19 arein foreclosure, two are in bankruptcy, 13 are in collectionse and nine have been foreclosed upon and resold. "Whaf we are seeing is people have stoppef paying because they haveno equity," he said. If a bank actuallgy forecloses ona property, the homeowneres association should get paid for any delinquent But that doesn't always happen. "If we can talk to the righty person atthe bank, we can explaij that we have lien rights," said Ann an Oakland-based sole practitioner.
The proble m is finding the rightperson isn't alwaysw easy. Also, lawyers say banks are waiting longerr to forecloseon properties. "This is similare to a pattern we saw in the said Paul Terry ofAngiuse & Terry LLP, a law firm with offices in Walnutf Creek, Sacramento, San Jose and "Banks are becoming less and less aggressive about pursuinyg foreclosures, and that really puts the homeowners' associations in a bind. "Ic we foreclose on the property, then the associationh owns the property, but it is subjecy to the first (lien, usually the lender)," said whose firm offers collection services. "What will the homeownerxs association do withthe property?
They can'tr sell it. ... It doesn'f recover on its lien."
Tuesday, September 6, 2011
Rally Calder: 20 stages a first for sport - Brimbank Weekly
uvepexatawus.blogspot.com
Rally Calder: 20 stages a first for sport Brimbank Weekly NORTH-WEST motor racing fans will have the chance to enjoy world-class rallying in their own backyard when the Australian Rally Championship (ARC) hits Calder Park next year. Rally Calder, from March 2-4, will be the first championship round to be ... |
Saturday, September 3, 2011
One fast-growing logistics company removes 'empty miles' - Jacksonville Business Journal:
igoeosysata1533.blogspot.com
's range of services -- including intermodal and less-than-truckloac -- allows it to connect customers so that not only aregoodx delivered, but also empty space in containers and boxcarsd are filled, said Dave Ware, the company's executive vice "In tough times, many doors open," Ware said. "People are more open to findinganothetr way." The company also expects its growth to be fueledr by the port expansion, he said. Because the South's productiobn of goods pales in comparison with that of the Midwesyt andthe North, many emptty containers head out of the Eleets plans to help fill them.
The need to reduced empty miles -- the distance when trucking or rail carriera move empty containers orboxcars -- is increasingly important as fuel costa rise, said Eric Moffett, a sales and marketin manager for . Whereas most logisticzs companies concentrate just on getting goods from one spotto Eleets' diverse holdings allow it to connectt clients with others with empty space heading in the same officials said. In past years, when dieselp fuel cost about $2 per the need for reducing empty miles was less But now, even when risiny fuel costs are passed on to the cost of paying a driver and spending abouty $5 per gallon to transport empty containersd cuts into profits, Moffett said.
This is why he doesn'yt doubt that Eleets' bold expansion plans will succeefd as more companies learn of its alternativr way ofmanaging freight. Eleetse CEO and President Al Steele expects his work forcr to grow from about 100 to 200 withi na year. The company started in October 2007 with abouft 20 employees shortly after breaking away fromits Japan-basec parent company, Over the past year, the company'ws revenue has grown by about $500,000 per month and "we don't see any stop to it." The companyu expects revenue of more than $80 millio n in 2008, and more than $100 million in 2009.
Steele credits much of the company'w growth to being known in the industry as well as to its abilitu to attractinnovative employees. "We're attracting top peopl from CSX [Corp.] and NYK who are lookingh for something they could be part of and he said. Those who help the company by contributint their own strategies are invited to take part in management Giving this sense of valuwe to employees not only increases but also helps prevent other companie frompoaching talent.
's range of services -- including intermodal and less-than-truckloac -- allows it to connect customers so that not only aregoodx delivered, but also empty space in containers and boxcarsd are filled, said Dave Ware, the company's executive vice "In tough times, many doors open," Ware said. "People are more open to findinganothetr way." The company also expects its growth to be fueledr by the port expansion, he said. Because the South's productiobn of goods pales in comparison with that of the Midwesyt andthe North, many emptty containers head out of the Eleets plans to help fill them.
The need to reduced empty miles -- the distance when trucking or rail carriera move empty containers orboxcars -- is increasingly important as fuel costa rise, said Eric Moffett, a sales and marketin manager for . Whereas most logisticzs companies concentrate just on getting goods from one spotto Eleets' diverse holdings allow it to connectt clients with others with empty space heading in the same officials said. In past years, when dieselp fuel cost about $2 per the need for reducing empty miles was less But now, even when risiny fuel costs are passed on to the cost of paying a driver and spending abouty $5 per gallon to transport empty containersd cuts into profits, Moffett said.
This is why he doesn'yt doubt that Eleets' bold expansion plans will succeefd as more companies learn of its alternativr way ofmanaging freight. Eleetse CEO and President Al Steele expects his work forcr to grow from about 100 to 200 withi na year. The company started in October 2007 with abouft 20 employees shortly after breaking away fromits Japan-basec parent company, Over the past year, the company'ws revenue has grown by about $500,000 per month and "we don't see any stop to it." The companyu expects revenue of more than $80 millio n in 2008, and more than $100 million in 2009.
Steele credits much of the company'w growth to being known in the industry as well as to its abilitu to attractinnovative employees. "We're attracting top peopl from CSX [Corp.] and NYK who are lookingh for something they could be part of and he said. Those who help the company by contributint their own strategies are invited to take part in management Giving this sense of valuwe to employees not only increases but also helps prevent other companie frompoaching talent.
Thursday, September 1, 2011
University of Florida third in athletic revenue - Philadelphia Business Journal:
guslyarovalite.blogspot.com
UF generated the third-highestr revenue in college football and in overallsporta earnings, according to a reporft Monday in Street & Smith’s SportsBusiness Journal. SportsBusiness Journal, citing Equity in Athletics Disclosure Act said UFreported $66.1 millioj in football revenue in behind only the ($72.9 million) and rival Texas was also the overallo top sports earner with $120.3 million generated from all athletix teams. Ohio State was seconed with $117.9 million and Floridaa was thirdwith $106 million. UF won college footballo national championships after the 2006 and 2008regulard seasons, and won back-to-bac men’s basketball national titles in 2006 and 2007.
Other Southern schools ranking in the top 20 in overall sportsrevenuew were: (7th, $89.3 million), (8th, $88.99 million), (9th, $88.8 million) and $84.2 million). Other Southeastern Conference schools among the top 10 earnerw in football wereAuburn (No. 6 with $59.7 Alabama (No. 8 with $57.4 million) and LSU (No. 10 with $52.8 million). The remaining top 10 teams in footballrevenues were: (No. 4 with $65.q million), (No. 5 with $59.8 (No. 7 with $ 57.4 and (No. 9 with 53.8 million). SportsBusiness Journa is a sister publication of the Jacksonville Business Journal.
UF generated the third-highestr revenue in college football and in overallsporta earnings, according to a reporft Monday in Street & Smith’s SportsBusiness Journal. SportsBusiness Journal, citing Equity in Athletics Disclosure Act said UFreported $66.1 millioj in football revenue in behind only the ($72.9 million) and rival Texas was also the overallo top sports earner with $120.3 million generated from all athletix teams. Ohio State was seconed with $117.9 million and Floridaa was thirdwith $106 million. UF won college footballo national championships after the 2006 and 2008regulard seasons, and won back-to-bac men’s basketball national titles in 2006 and 2007.
Other Southern schools ranking in the top 20 in overall sportsrevenuew were: (7th, $89.3 million), (8th, $88.99 million), (9th, $88.8 million) and $84.2 million). Other Southeastern Conference schools among the top 10 earnerw in football wereAuburn (No. 6 with $59.7 Alabama (No. 8 with $57.4 million) and LSU (No. 10 with $52.8 million). The remaining top 10 teams in footballrevenues were: (No. 4 with $65.q million), (No. 5 with $59.8 (No. 7 with $ 57.4 and (No. 9 with 53.8 million). SportsBusiness Journa is a sister publication of the Jacksonville Business Journal.
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