The Advisory Board Company Company Profile | ABCO Company Information

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Our membership business model allowd us to focus on a broad set of issueas relevant to ourmember organizations, while promoting frequent use of our programss and services by our members. Our growthg has been driven by strongrenewal rates, ongoing addition of new membershipxs in our existing programs, continued annualo price increases and the continued success of our new progra launches. ...

UIW offering free books for extension programs - San Antonio Business Journal:

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The university will provide free traditionaland e-bookj versions of required class reading material to studentds who are enrolled in either the Adult Degree Completion Program (ADCaP) or online Textbooks typically cost $100 per class at the university'w ADCaP and Universe Online program. Students can on average, up to $1,200 a year in the cost of booke through the newtextbook program. Cyndi Wilson vice president for extended academic programs forIncarnated Word, says the school is offering free textbookxs as an added benefit to its students.
“During this toughb economic time, we continue to look for ways to assisg UIW students with theie highereducation expenses,” Porter says. The universith created the ADCaP and Universe Online programs as a way for busy adultz to earn theircollege degrees. ADCa operates extension campuses throughout the city to provide more optionws for people to take classes who couldr not otherwise attend themain campus. Universe Onlins offers Internet-based degrees and coursework. The University of the Incarnat Word is a private liberal arts higher education The schoolhas 6,000 students.

Archer Daniels Midland (ADM) Hits New 52 Week High of 37.98 - Market Intelligence Center

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Archer Daniels Midland (ADM) Hits New 52 Week High of 37.98 Market Intelligence Center Archer Daniels Midland (NYSE: ADM) hit a new 52-Week high of $37.98 so far today. Currently the stock is down $0.30 (-0.8%) to $37.35 on 3746317 shares traded. Today's high is up $13.13 from a 52-Week Low of $24.22. Archer Daniels Midland stock has ... Archer Daniels Midland Company (ADM) Hits New 52-Week High at $38.02 American Banking News  »

Miami International Merchandise Mart faces foreclosure - South Florida Business Journal:

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The $7.6 million foreclosure action was filed on June 3againsg Miami-based South Florida Hotel Inc., accordin g to Miami-Dade County Circuit Courtg records. The complaint also names Caymajn Islands-based Banif Multi-Fund, which gave South Floridsa Hotelsa $3 millioj mortgage in 2007. The 286,000-square-foot, three-story Miami Merchandise Mart is at777 N.W. 72nd just south of the . The building containss 458 commercial condo Republic Federal Bank wantsx to seize the 327 units that belongv to SouthFlorida Hotel. These units are showrooms and many of them are lease d to local small businesz owners selling theirwares – often to Southy American and Caribbean busineszs people.
The mart hosts a variety of trad e shows throughthe year. The mart is owne by Pinecrest residentGeorgi Zaczac, who also owns the Sheraton Miamiu Mart Hotel, according to state That hotel filed for Chapter 11 bankruptcy organizatio n in July 2008 undeer the name SF Hotel. Zaczaf filed personal Chapter 11in December. His name is stillo listed in state records as the managee of both the merchandise mart andthe hotel. A messager left at the executive office of the Miami International Merchandise Mart was notimmediatelyg returned. The $7.6 million foreclosurd could also prove costlyg to RepublicFederal Bank. An $11.
5 million loss in the firsft quarter pushed it to undercapitalized status as ofMarch 31, accordingf to data. The bank’s $57.7 million in noncurrenrt loansrepresented 15.5 percent of its total The executives at Republic Federal Bank have openly talked about seeking an investmeny to boost its capital levels. Miami-based attorney David J. Smith, who represents Republic Federal Bank in the declinedto comment.

Bowling deal details worry Osceola hoteliers - Orlando Business Journal:

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A June 9 deal calls for the counthy to paythe $13 milliobn in return for holding its Open and Women'sz Championship tournaments in Osceola from 2011 to 2029. The moneuy will come from a 6 percent fee Osceolaz County hotel guestspay that's used to promotr tourism for the The USBC Open tournameny is expected to bring 150,000 bowlersa and fans to Central Florida durint the 20-week event, while the U.S. Women's Championship is projectef toattract 60,000 bowlers and fans durinf a 20-week period. The USBC will host 13 tournamentd that should generatea $750 million economi c impact during the 18-year agreement, says Maria Osceola County's director of economic development.
A 100-lane, 160,000-square-foort bowling center operated by LLC will be built on land leasedr from the at its Wide Worle of Sports complex inOsceola However, the fact that the Disney name carries so much weighg when it comes to attracting visitors concerns Osceola "That site is right on the [Orange/Osceola] countg line -- I wonder how many people actually will stay in Osceola County?" says Marc Reicher, seniorf vice president of operations for Rida Associates LP, whicn owns and operates the ChampionsGate Resort in Osceola County, about 10 miles south of Hospitality consultant Randy Dillard favors the agreement, but adds, "Thre devil is in the "The big issue is how you measure the numbert of room nights generates so Osceola hoteliers are confident the resor tax money is being spent wisely," says Dillard, presidentf of Kissimmee-based Compass Hospitality Group LLC.
In the agreement requires the USBC toprovew -- either through receipt s or an independent audit -- its Open tournament generatex 59,250 room nights in Osceola County and the women'as championship results in 40,000 room nights Failure to do so would result in Osceolq scaling back its $13 million incentive. The agreemenyt also stipulates any travel packages offeresd by the USBCto participants, officials or spectators are restricteds to Osceola County hotels. Furthermore, Disney's All-Star Resort, which is in Osceola County, can account for only 100 room night per day as part of the USBCtravel packages. Disneu is further restricted from marketing its hotels specificallyg tothe event.
A number of other issuezs have yet tobe resolved, such as whether the USBC will market its travel packages, or if that responsibility will fall to loca l hoteliers instead. "As an we need to nail theses details down so we canbegih preparing," says Dillard. "Unless we're not doint our jobs very well, we shoulc get some good business fromthess tournaments."

Startup snags $5M - Austin Business Journal:

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has raised at least $5 milliojn from Sewickley, Pa.-based Adams Capital according to filings with the Pennsylvania Securities Those same filings call for the compangy to raise upto $10 million. Gordo Burk, vice president of marketing for says the company is in the middle of its firs round of private equity funding but declinexs to commenton specifics. K.C. Murphy, presidenf and CEO of NextIO, declines to George Ugras, general partner with Adamsz Capital, couldn't be reached for Aside from landing $5 million, the 9-month-old startu is about to add to its workforce. NextIO has 12 employeeds now but plans to have 20 by the end of the year and hopews to hire 10 moreduring 2004.
Those peoplw will help design the product, but Burk declinee to give the expectedlaunch date. NextIlO has moved into 10,000 square feet at 12401 Research inNorthwest Austin. NextIO was founded by former executives at Advanced MicroDevices Inc. and Austin chip startu p Banderacom Inc. Banderacom had been designing chips for theInfiniBanxd market, but after adoption of the technologyg slowed to a crawl, it changedc its focus to design chipw for the gigabit Ethernet market. InfiniBanr is a technology that allows servers to sharde information more quickly thancurrent standards.
"uI think that things in the economy are improvingg enough and high tech companies are starting to see orderx comingaround ... so we decidec it was time to take the risk and stargta company," Burk says. NextIOi remains in "stealth mode," but Burk says it is developinbg a new chip architecture to be used for connecting He says the chip would lower the cost of servers dramaticallyt and increase the flexibilityt of informationtechnology staffers.
"It's pretty rare that a chip wouldr lower costs andincreasse flexibility; typically, you can do one or the other," Burk "I think what has gotten the attention to our potential customera is, 'Here's the best of both worlds and they are not tradinh one against the other'." Potential customer are large server manufacturers such as Armonk, N.Y.-basee IBM Corp., Round Rock-based Dell Inc. and Palo Calif.-based Hewlett-Packard Co. Burk says the startuop is talking to customers but decliness tocomment further. Michael Krause, an engineeriny fellow at HP, declines to comment on NextIO.
Krause, who works with server interconnecyt technologiesat HP, says server connectionw are based on technology that most peoplre don't want to understand. "The challenge is to make the technology cost-effective and performj well and have the technology talk to the device efficiently so the devices are orchestrating movementbetween servers," Krause says. He compares the technology driving communication betweeb servers to the fuel injection system ofa car's engine: "Youi don't know how it you just want it to work." Breakiny into the server market could be lucrativ e for NextIO. Research firm Interactivew Data Corp.
estimates $49 billion worth of servers were sold in with the market growingto $58 billiojn a year by 2007.

Commonwealth Games scam: CBI gets custody of Kalmadi aid - Daily News & Analysis

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Commonwealth Games scam: CBI gets custody of Kalmadi aid Daily News & Analysis ... the CBI was given a five-day-long police custody of Shekhar Deorukhkar, personal assistant to the CWG organising committee chairman, Suresh Kalmadi. ... Kalmadi's arrested aide remanded to CBI custody Indian Express Kalmadi aide sent to five-day CBI custody IBNLive.com Commonwealth Games: Kalmadi aide sent to 5-day CBI custody NetIndian Times of India -Economic Times -Calcutta Telegraph  »

DnB NOR posts strong Q4, upbeat on 2011 - Reuters

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DnB NOR posts strong Q4, upbeat on 2011 Reuters OSLO, Feb 10 (Reuters) - Norway's biggest bank DnB NOR (DNBNOR.OL) said it expected low loan losses this year and that it enjoyed "strong momentum" heading ... DnB NOR Fourth-Quarter Net Beats Estimates as Loan Losses F »

Global airlines to lose $9B in 2009 - Sacramento Business Journal:

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The ’s (IATA) new forecas t is staggeringly worse thanits $4.7 billion collective loss forecast made just three months ago. The air carrier trade group also downgraded its loss estimatwe for 2008to $10.4 billion from $8.5 billion. “There is no modernb precedent for today’s economicd meltdown,” IATA director general and chief executivew officer Giovanni Bisignani said in anews “The ground has shifted. Our industry has been shaken. This is the most difficult situation that the industrthas faced.” After the 11, 2001, terror attacks on the United States, industrhy revenues fell by 7 percent, Bisignani and took three years to rebound to pre-9/1 levels.
Revenues will fall to $448 billiob in 2009 from $528 billiom in 2008 (15 percent), IATA Passenger yields will dip7 percent. “This time we face a 15 percent drop—a loss of revenues of $80 billion—inn the middle of a global Bisignani saidduring IATA’ss annual industry summit. “Our future depends on a drastixc reshapingby partners, governments and industry. We cannoy bear the cost of government micro-regulation, crazy taxation and partners abusing theitmonopoly power.
” North American carriersa will generally fair better than foreign carriers, IATA and should narrow their losses for the North American airlines will lose $1 billion in dramatically less than the $5.1 billio n lost in 2008, as out-of-the-money fuel hedges lapse and capacity cuts kick in to right capacity with demand. IATA said North American carriers would turn a modesg profit forthe year. Asia-Pacificx and European carriers are likely to take thebiggesgt hits, losing $3.3 billion and $1.8 billion, Another heavily impacted sector, air cargo, will decline by 17 percent basedf on tons shipped.
Cargo yields will decline 11 Relaxed fuel prices over the first five monthsa of 2009 havehelped carriers, but prices have begun to climh in recent weeks. IATA projects the industry fuel bill to fallfrom $165 billionj in 2008 to $59 billion in 2009, on a $56 per barrelk average price of oil. “The risk that we have seen in recent weeks is that even the slightest glimmer of economic hope sends oilpricesz higher,” Bisignani said. "Greedy speculation must not hold the globakleconomy hostage. Failure to act by governments wouldbe Globally, airlines are in a bettef cash position, with more liquidituy than in past downturns.
But, Bisignani warned “a long L-shaped recover y could drain the industry of Bisignani notedindustry consolidation, such as the mergerr between Atlanta-based (NYSE: DAL) and , that have made some playerz stronger. But he railed against what he called “archaic limitation s on ownership” that prevent the mergin g of carriers fromdifferent

Intelligrated to acquire FKI Logistex - St. Louis Business Journal:

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Under the agreement, Cincinnati-based Intelligrated will purchasrFKI Logistex’s North American and South Americanb operations from its parent, United Kingdom-based plc, according to a news Terms of the deal weren’ t disclosed. Intelligrated will maintain its headquartersain Mason, according to the release. It also has operationa in London, Ohio; Alpharetta, Ga.; N.J.; Flower Mound, Texas; and Woodridge, Ill. With the acquisitionm of St. Louis-based FKI, it will have facilities in 10 as well as Canadaand Mexico, accordintg to the release.
“This agreement signals a new era forus all, bringiny together our respective resources, technologies and becoming the leading single-point provider of automated material handling said Stephen Ackerman, FKI president, in the Ackerman will take an unspecified senior position with Locally, FKI has offices and a support center on Internationakl Boulevard in Butler County. Intelligratesd is owned by San Francisco-based along with and its

University System of Md. to break up biotechnology institute - Business First of Buffalo:

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The public university system’s Boars of Regents approved Friday a sweepinfg restructuring ofthe (UMBI) that will parceo out its four research centers, along with staff and othee assets, to other campuses. System leaders hope the restructuring will drivew research collaboration and boost access to outside It also means an end for which was launched to great fanfarw two decades ago with the mission ofadvancing education, research and economicx development for what was then the state’sd nascent biotech industry.
A months-long studh of UMBI by an ad hoc committee led by USM regentzs Chairman Clifford Kendall concludedthat “the organization of UMBI as a geographicalluy dispersed, free-standing entity has created intractabler problems.” Those problems included an inability to scalse UMBI programs, isolation amonf UMBI’s research centers, the lack of a criticao mass of graduate and undergraduate students involveed in UMBI research, and administrative “After a comprehensive and deliberative process, we have concluded that restructurinv UMBI’s assets is the righr thing to do,” Kendall said in a statement.
“Withj a focus on collaboration — across disciplines and across institutions — and with recognition of the exceptionap talent within the UMBI community and the system’z other institutions, this actionj will position USM to take fuller advantage of its system-wide strengths in the biosciences and to fuel the state’ knowledge economy even more.” The move isn’ft a total surprise. Critics have long questionex whether the state was duplicating its research efforts inthe UMBI’s four centers in Baltimore, Rockvills and College Park conduct research on medical, biotechnology, marine and environmental science.
At the same time, statd funding for higher education is pinched by the recessiohn andthe state’s budget deficit, and universities’ researchu needs are growing. Under the restructuring approvedf Friday by the regents at a meetingin Frostburg, a joint Universitt System of Maryland research center will be established at UMBI’z Center for Advanced Research in Biotechnology in The system’s flagship College Park campusx will oversee the facilitty and work with the Universitt of Maryland, Baltimore to elevate work in engineering and computational sciences as well as structuralo biology, protein design and drug • UMBI’s Center for Biosystems Researcy will also be overseen by College • A joint research center at UMBI’ds Center of Marine Biotechnologyt in Baltimore will be established, with administrative responsibilityy falling to the University of Baltimore County.
UMBC will collaborate with the University of Maryland Center for Environmental Science and the Universitgof Maryland, Baltimore to drivde research in environmental and genomic sciences. UMBI’s Baltimore-based Medical Biotechnology Centetr will fall under the Universittof Maryland, Baltimore’s purview. • UMBI’e Institute of Fluorescence will be administeredby UMBC. UMBI’s K-12 educational programs will be overseen by with an eye on enhancinb itsteaching focus. UMBI President Jennie Hunter-Cevera is steppingg down June 30 after 10 yearsd inthat role.
She will becomew executive vice president of discoveruy and analytical sciences and corporat e developmentat , a North Carolina nonprofit. The Universitg System of Maryland will honor tenurew held by UMBIfaculty members, and administrative support staffers will be able to stay in theier jobs through fiscal 2010. Job opportunities at other systemk campuses willbe identified, and memorand of understanding outlining future operations and collaboratione are expected to be completed by the end of this year and fullyt implemented by the end of fiscak 2010.
UMBI generates about $25 million in researchh activity annually, and university systen leaders hope to see that number increase dramaticall y by breaking upthe institute. “Today’sa decisions by the board provide a tremendouws opportunity for the University System of Marylans to increase the volume and impact of its basidc and applied research inthe biosciences,” said USM Chancellot William E. Kirwan in a statement. “Thix restructuring has the potential to double the research productivityuof UMBI’s current assets within five years.
”