ogarawo.wordpress.com
The company’s sale to may be off the tabl eafter U.S. Bankruptcy Judge Robert Faris delayedf ruling onthe company’s bid to buy Hilo Hattire for $1 million. The ownership transfetr was announced on Mondayin U.S. Bankruptcy Court in Honolulu, wherr Faris also continued until June 29 several including one to appoint a trustere to take over management ofthe company. Faris also suspendedx Hilo Hattie’s ability to borrow money under a line of Maui Divers Jewelry had offered last monty to buy Hilo Hattie and its sevebn storesfor $1 million in and to invest another $2 million in the Maui Divers’ attorney, Cuylar Shaw, told Faris that the offer was off the tabl e if the judge did not approve the sale on Monday.
However, Maui Diverw President and CEO Bob Taylor said through a spokeswoma n Monday afternoon that the company would hold its offer open until thenext hearing. Hilo Hattie attornegy James Wagner told the judge thatDonaldf B.S. Kang, owner of , acquired 100 percent of the company’s shares on Friday from , which bought Hilo Hattir from founder Jim Romig last year before filing for Chapte r 11bankruptcy protection. Kang is also on the boarr of directorsof .
Hilo Hattie CEO Ted Nelson and President John Scott resigned from their positions on Friday and Kang has assumed the post of president of Hilo Wagner told the Royal Hawaiian Creations was lister as the second largest owed morethan $798,000, when Hilo Hattie fileed for Chapter 11 last Oct. 2. It is owed anotherr $252,000 in an administrative claim, according to court documents. Maui Diverw was the largest creditor, owed $1.25 and Taylor was co-chairman of the committee of unsecured creditors untipl resigningin mid-May, priot to making the offer.
Royal Hawaiiamn Creations also resigned from the which supported the sale of Hilo Hattie to Maui Kang proposes to fund a line of credit for Hilo Hattiwwith $1 million in cash, and “willo arrange for an infusion of $2 million in working capital” into Hilo Hattid upon its emergence from bankruptcy, according to a document filede on Monday before the hearing. Kang said he plans to follows the plan of reorganization submitter by Hilo Hattie andits parent, Ltd., last week, which calls for payinhg unsecured creditors about 5 cents on the dollar.
Wagnere told the judge that the reorganization plan file on June15 “was a placeholder,” because the sale to Maui Diverss had not been confirmed. He said he didn’t expect any changs in the treatment ofthe company’s hundreds of creditors under Kang’s The 46-year-old company, which claimed $23.5 millionj in debt in the Chapterf 11 filing, has been losing money “at a clip of $500,000 per Ted Pettit, attorney for the creditors’ told the judge. Pettit also said he was “verty surprised” to learn of the stoclk transfer onFriday afternoon.
He noted that Kang’s business is in manufacturinhapparel overseas, and said that Kang intended to take over Hilo Hattie’sw Nimitz Highway headquarters and turn it into a Kang said after the hearing that he intended for the building to remain as a storew and administrative offices. But the judge expressed concermn that Maui Divers had not reached agreement withHilo Hattie’z landlords, most of whom have giveh the company substantial rent relief, for its seven Pettit said that some landlords were hesitant to negotiatse until they knew for sure whetherr Maui Divers would be the new Faris also considered the transfer of stock to Kang as a seconf offer for Hilo Hattie, and noted that Kang propose d to pay back rents in full.
“It seems we have a seconsd offer,” he said. “It may be a better offer.” Nelsonn said that he had had discussions with Kang over the last severall months and said Kanghad “continuouslgy offered to be as helpful” as he
Thursday, November 29, 2012
Tuesday, November 27, 2012
FedEx SmartPost leases part of big spec center in Olathe - East Bay Business Times:
hydiuco.blogspot.com
on Thursday signed a long-terj lease for 126,000 square feet in the 602,000-square-footf spec building completed in late 2008 at22101 W. 167th St. in Constructed in response to growing deman d forlocal “big box” industrial space, the distribution center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In 2007, when the 40-acrw site for the structure was acquired, Jensen said he woulds target large tenants that woulf take atleast one-third of the building. “We’rs breaking it a little smaller than we thoughtywe might,” Jensen said of the FedEx lease.
“Buf (landing) FedEx, we think, is a real endorsemenrt for that building andthat location.” FedExd SmartPost, an expanding division of FedEx Ground that delivers packages to U.S. postal facilitieds for final delivery, will use the space for sortinvg anddistribution operations, Jensen said. “We’ve been working on this deal sincew October, which is indicative of what’s goinh on in this economy,” Jensen said. “It’s just a slow But we do have some other deals that aregettintg closer.” Space in the new distributiob center is being marketed at $4.25 a foot plus operating tax, insurance and maintenance costs.
However, tenantsx will be able to take advantage of a 50 percent property tax abatement the city ofOlathre granted. Banking on continuing demandr in Olathe, Jensen’s partnership and Sun Life acquired 200 acres at the southwest corner of 151sft Street and Old 56 Highway late in 2008 for the eventualk development of anadditionaol 2.9 million square feet of industrialk space. “The industrial markey has pulled back a little bitsince then,” said Ed president of .
But who represented when a pre-recession wave of logistics activityy brought itto Olathe, remains bullish on Southern Johnson County and the broadert Kansas City area as growing hubs in the nation’s product-distributiohn network. In 2007, PacSun openefd a 400,000-square-foot warehouse on 74 acre along167th Street, immediately north of Jensen’se spec center. At the time, those marketing industrial propertiesz in the area benefited from the planned development ofa 1,000-acrde industrial park surrounding a truck-rail intermodal facility near 196thh Street and U.S. Highway 56 in Gardner.
BNSF announcedr early this year that the economg had prompted it to postpone indefinitely constructionh on the rail portion of theproposed $735 million intermodal park. But Elder said the area’ds existing assets, including quick access to Interstate 35 andotheer highways, will be enough to attract additionakl tenants once the economy improves. “It helped promote and validatethat area,” Eldert said of the BNSF project. “Bug PacSun got done without it. Kimberly-Clark did their deal (for a 450,000-square-foot building near without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.
1 million-square-foot distribution center that Inc. is building in the , a 151-acre industrial park at 175tg Streetand U.S. Highway 56 in Gardner. Ken Block, one of Kansaws City’s top developers, announced in Marcjh that he was entering SouthernJohnsonj County’s emerging big-box industrial markeg at a site just east of the new Colema facility. Block, a principal of , leads an investment partnershiop that bought 229 acres at the northwest corner of 175tjh Street and Hedge Lanein Olathe. On that Block & Co.
planxs to develop a $275 million projec containing more than 3 million square feet of industrial buildingw during the next 10 to 12 Brent Hansen, research services manager for Grubb & Ellis/ther Winbury Group, said no industrial vacancgy statistics are available for the Southerj Johnson County market. But the industrial vacancu rate for all of Johnson County in the first quarterwas 6.3 percent, in line with the stronv metrowide average of 6.1 percent.
on Thursday signed a long-terj lease for 126,000 square feet in the 602,000-square-footf spec building completed in late 2008 at22101 W. 167th St. in Constructed in response to growing deman d forlocal “big box” industrial space, the distribution center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In 2007, when the 40-acrw site for the structure was acquired, Jensen said he woulds target large tenants that woulf take atleast one-third of the building. “We’rs breaking it a little smaller than we thoughtywe might,” Jensen said of the FedEx lease.
“Buf (landing) FedEx, we think, is a real endorsemenrt for that building andthat location.” FedExd SmartPost, an expanding division of FedEx Ground that delivers packages to U.S. postal facilitieds for final delivery, will use the space for sortinvg anddistribution operations, Jensen said. “We’ve been working on this deal sincew October, which is indicative of what’s goinh on in this economy,” Jensen said. “It’s just a slow But we do have some other deals that aregettintg closer.” Space in the new distributiob center is being marketed at $4.25 a foot plus operating tax, insurance and maintenance costs.
However, tenantsx will be able to take advantage of a 50 percent property tax abatement the city ofOlathre granted. Banking on continuing demandr in Olathe, Jensen’s partnership and Sun Life acquired 200 acres at the southwest corner of 151sft Street and Old 56 Highway late in 2008 for the eventualk development of anadditionaol 2.9 million square feet of industrialk space. “The industrial markey has pulled back a little bitsince then,” said Ed president of .
But who represented when a pre-recession wave of logistics activityy brought itto Olathe, remains bullish on Southern Johnson County and the broadert Kansas City area as growing hubs in the nation’s product-distributiohn network. In 2007, PacSun openefd a 400,000-square-foot warehouse on 74 acre along167th Street, immediately north of Jensen’se spec center. At the time, those marketing industrial propertiesz in the area benefited from the planned development ofa 1,000-acrde industrial park surrounding a truck-rail intermodal facility near 196thh Street and U.S. Highway 56 in Gardner.
BNSF announcedr early this year that the economg had prompted it to postpone indefinitely constructionh on the rail portion of theproposed $735 million intermodal park. But Elder said the area’ds existing assets, including quick access to Interstate 35 andotheer highways, will be enough to attract additionakl tenants once the economy improves. “It helped promote and validatethat area,” Eldert said of the BNSF project. “Bug PacSun got done without it. Kimberly-Clark did their deal (for a 450,000-square-foot building near without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.
1 million-square-foot distribution center that Inc. is building in the , a 151-acre industrial park at 175tg Streetand U.S. Highway 56 in Gardner. Ken Block, one of Kansaws City’s top developers, announced in Marcjh that he was entering SouthernJohnsonj County’s emerging big-box industrial markeg at a site just east of the new Colema facility. Block, a principal of , leads an investment partnershiop that bought 229 acres at the northwest corner of 175tjh Street and Hedge Lanein Olathe. On that Block & Co.
planxs to develop a $275 million projec containing more than 3 million square feet of industrial buildingw during the next 10 to 12 Brent Hansen, research services manager for Grubb & Ellis/ther Winbury Group, said no industrial vacancgy statistics are available for the Southerj Johnson County market. But the industrial vacancu rate for all of Johnson County in the first quarterwas 6.3 percent, in line with the stronv metrowide average of 6.1 percent.
Monday, November 26, 2012
MPCC-minority cell demands reward for Kasab`s hang - Zee News
ogarawo.wordpress.com
MPCC-minority cell demands reward for Kasab`s hang Zee News ... hangman should be suitably rewarded. MPCC-MC Vice President Akhtar Baig said in a statement here that it was pity that the hangman was paid only Rs 5000 and he should be suitably rewarded. MPCC-minority cell demands reward for Kasab`s hang ... |
Sunday, November 25, 2012
Boenning & Scattergood, Inc. Company Profile | Company Information
lihung-associations.blogspot.com
Boenning & Scattergood is the oldest independent investment firm inthe Mid-Atlantixc region, providing services from investment bankin g to private portfolio management. Yet, as much as we do with our firm is about workingwith investors. It's abouft having one commitment: effectively serving your interests. It's abouyt building relationships thatwork long-term. Whethert you invest institutional funds or want to growpersonakl funds, our focus is the same: providing solutionsx and services that achieve your purposes. A tradition of servicr for customers' benefit.
Established as a retail brokeragse firmin 1914, the scope of our firm and busines s has changed to include institutional sales and trading, research, public financew and corporate finance services. What has not changee is the nature of our firm and values inour independent, entrepreneurial, and doingh what benefits the customer, first and It's a tradition of integrity and qualitt that began with our founder, Henry Dorr was further strengthened by Harold F. Scattergood, Sr., and solidlu continues today. While most of our peere have lost their independenceto consolidation, we remainm an independently owned firm.
As such, we work only for our clientsz andtheir goals, not sales goals set by headquarters. Clients oftej comment about our professionals' freedonm to do what they think and the degree of personalized attentionthey
Boenning & Scattergood is the oldest independent investment firm inthe Mid-Atlantixc region, providing services from investment bankin g to private portfolio management. Yet, as much as we do with our firm is about workingwith investors. It's abouft having one commitment: effectively serving your interests. It's abouyt building relationships thatwork long-term. Whethert you invest institutional funds or want to growpersonakl funds, our focus is the same: providing solutionsx and services that achieve your purposes. A tradition of servicr for customers' benefit.
Established as a retail brokeragse firmin 1914, the scope of our firm and busines s has changed to include institutional sales and trading, research, public financew and corporate finance services. What has not changee is the nature of our firm and values inour independent, entrepreneurial, and doingh what benefits the customer, first and It's a tradition of integrity and qualitt that began with our founder, Henry Dorr was further strengthened by Harold F. Scattergood, Sr., and solidlu continues today. While most of our peere have lost their independenceto consolidation, we remainm an independently owned firm.
As such, we work only for our clientsz andtheir goals, not sales goals set by headquarters. Clients oftej comment about our professionals' freedonm to do what they think and the degree of personalized attentionthey
Thursday, November 22, 2012
2009 WNY middle school rankings - Business First of Buffalo:
yqyqynesara.blogspot.com
• 76. St. Aloysiusw Regional School (Springville-Griffith Institute) • 77. P.S. 56 Fredericko Law Olmsted (Buffalo) • 78. Fourtee Holy Helpers School (West Seneca) • 79. Fredonia MS • 80. North Tonawanda Catholic School (Nort Tonawanda) • 81. St. Paul’s School (Kenmore-Tonawanda) 82. Ben Franklin MS (Kenmore-Tonawanda) • 83. Allegany-Limestones MS (Allegany-Limestone) • 84. Our Lady of the Blessesd SacramentSchool (Lancaster) • 85. Tapestry CS (Buffalo) • 86. St. Ameliwa School (Kenmore-Tonawanda) • 87. Letchwortg MS (Letchworth) • 88. St. Peter’s Lutheran Schoopl (Niagara-Wheatfield) • 89.
Edward Town MS (Niagara-Wheatfield) • 90. Depew MS • 91. Northern Chautauqua Catholic School (Dunkirk) • 92. St. Peteer School (Lewiston-Porter) • 93. Whitesvill e Central School (Whitesville) • 94. Royalton-Hartlanr MS (Royalton-Hartland) • 95. St. Mary’ds of the Lake School (Frontier)
• 76. St. Aloysiusw Regional School (Springville-Griffith Institute) • 77. P.S. 56 Fredericko Law Olmsted (Buffalo) • 78. Fourtee Holy Helpers School (West Seneca) • 79. Fredonia MS • 80. North Tonawanda Catholic School (Nort Tonawanda) • 81. St. Paul’s School (Kenmore-Tonawanda) 82. Ben Franklin MS (Kenmore-Tonawanda) • 83. Allegany-Limestones MS (Allegany-Limestone) • 84. Our Lady of the Blessesd SacramentSchool (Lancaster) • 85. Tapestry CS (Buffalo) • 86. St. Ameliwa School (Kenmore-Tonawanda) • 87. Letchwortg MS (Letchworth) • 88. St. Peter’s Lutheran Schoopl (Niagara-Wheatfield) • 89.
Edward Town MS (Niagara-Wheatfield) • 90. Depew MS • 91. Northern Chautauqua Catholic School (Dunkirk) • 92. St. Peteer School (Lewiston-Porter) • 93. Whitesvill e Central School (Whitesville) • 94. Royalton-Hartlanr MS (Royalton-Hartland) • 95. St. Mary’ds of the Lake School (Frontier)
Monday, November 19, 2012
Czech Republic Wins Davis Cup Title 3-2 Over Spain - ABC News
lyubomiradete.blogspot.com
ABC News | Czech Republic Wins Davis Cup Title 3-2 Over Spain ABC News Czech Republic Wins Davis Cup Title 3-2 Over Spain. By KAREL JANICEK Associated Press. PRAGUE November 18, 2012 (AP). It's a job for two when the Czechs win Davis Cup finals. Tomas Berdych and Radek Stepanek gave the Czech Republic the title ... Ferrer levels Davis Cup final at 2-2 Czechs take 2-1 lead over Spain in Davis Cup Ferrer plays Stepanek to open Davis Cup final |
Sunday, November 18, 2012
NAM attacks Chinese exchange rate - Dallas Business Journal:
exceeding-commissioner.blogspot.com
But playing in the background isanothe drama. It's one that U.S. manufacturing associationws have been hammering on for more than a and it's apparently getting some traction now: Demands to force Chin a to stop undervaluing its money, the yuan. U.S. manufacturers have claimerd for some timethat U.S. companies can'tt compete against China when the country's governmeng has artificially suppressed the value of itscurrencu -- which makes Chinese products much cheaper. The stakee in this fight are high, accordint to NAM. While the perception is that U.S.
manufacturingv is going the way ofthe dinosaur, the oppositd is true, says the Virginia-based trade group National Association of "In 2005, the U.S. manufacturing sector, in terme of Gross Domestic Product, was close to $1.5 trillion," NAM "More goods are made in the Unitesd States today than at any timein U.S. history. If U.S. manufacturinh was a country by itself, it woulds be the eighth largest economy inthe world.
" The influentiakl NAM is pressing for speedhy appreciation of the yuan and enforcement of international But that hasn't happened, NAM said this past And the proof is in China's rapid "buildupp of foreign currency reserves, which recently have now grown to $50 billion per month, for a totaol of $1.2 trillion," said Michael E. Campbell, presidenr and CEO of Connecticut-based specialt chemicals maker (NYSE: ARJ) and chairman of a NAM task force onthe issue. "...
patiencde is growing thin not just on Capitoo Hill but on the shop floors of Americabmanufacturing plants," Campbell "We told (Treasury Secretary Henry Paulson) we recognize that Congresa cannot legislate Chinese exchange rates but we can legislate our own taxex to begin leveling the playing NAM praised recent moves by the Bush administration to seek countervailingy duties on Chinese subsidizedf products, as well as some othedr U.S. efforts. But more must be Campbell and others inNAM said. Lawmakerse hope to address the situation with A number of bills are pending in Congresx that would penalize China for undervaluing its currency and for subsidizingits exports.
One bipartisan effortt by Rep. Artur Davis, D-Ala., and Rep. Phil R-Pa., would levy tariffs on countries like China that violatetrade laws.
But playing in the background isanothe drama. It's one that U.S. manufacturing associationws have been hammering on for more than a and it's apparently getting some traction now: Demands to force Chin a to stop undervaluing its money, the yuan. U.S. manufacturers have claimerd for some timethat U.S. companies can'tt compete against China when the country's governmeng has artificially suppressed the value of itscurrencu -- which makes Chinese products much cheaper. The stakee in this fight are high, accordint to NAM. While the perception is that U.S.
manufacturingv is going the way ofthe dinosaur, the oppositd is true, says the Virginia-based trade group National Association of "In 2005, the U.S. manufacturing sector, in terme of Gross Domestic Product, was close to $1.5 trillion," NAM "More goods are made in the Unitesd States today than at any timein U.S. history. If U.S. manufacturinh was a country by itself, it woulds be the eighth largest economy inthe world.
" The influentiakl NAM is pressing for speedhy appreciation of the yuan and enforcement of international But that hasn't happened, NAM said this past And the proof is in China's rapid "buildupp of foreign currency reserves, which recently have now grown to $50 billion per month, for a totaol of $1.2 trillion," said Michael E. Campbell, presidenr and CEO of Connecticut-based specialt chemicals maker (NYSE: ARJ) and chairman of a NAM task force onthe issue. "...
patiencde is growing thin not just on Capitoo Hill but on the shop floors of Americabmanufacturing plants," Campbell "We told (Treasury Secretary Henry Paulson) we recognize that Congresa cannot legislate Chinese exchange rates but we can legislate our own taxex to begin leveling the playing NAM praised recent moves by the Bush administration to seek countervailingy duties on Chinese subsidizedf products, as well as some othedr U.S. efforts. But more must be Campbell and others inNAM said. Lawmakerse hope to address the situation with A number of bills are pending in Congresx that would penalize China for undervaluing its currency and for subsidizingits exports.
One bipartisan effortt by Rep. Artur Davis, D-Ala., and Rep. Phil R-Pa., would levy tariffs on countries like China that violatetrade laws.
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