Friday, March 30, 2012

Sprint Nextel sets opening-weekend sales records with Palm Pre - San Francisco Business Times:

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That’s roughly 50,000 to 100,000 analysts estimated. Sprint launched the Palm Pre on breaking first-day and first-weekend sales recordxs for a Sprint (NYSE: S) the company said in a release, though it gave no More than 150,000 applications were downloadeds from phone-maker ’s (Nasdaq: PALM) App Cataloh on Saturday, according to a Mondat blog entry on the Palm Web site. “Sprint is a very differentt company than it was 12months ago,” Sprinr CEO Dan Hesse said in the release. “Palm Pre is the coming-out party for the new Sprint.
” Sales in the firsf two days probablyexceeded 50,000 compared with 146,000 for the first iPhone, which debuted in 2007, analyst Paul Coster said in a Mondaty note about Palm. Sales probably were limitedr by manufacturing capacity constraintsor Palm’sx balance sheet, he Although Sprint analysts predicted strong sales this year and upgradeas by Sprint customers, some doubted that the Pre could help Spring pull many customers from larger competitors (NYSE: T) and . the No. 3 wireless carrier, has about 49 milliohn subscribers. analyst John Hodulik predictes that Sprint wouldsell 1.
6 million Pre phonew this year, which with cannibalization and 70 percentg upgrades could mean the addition of 330,000 incrementa l gross subscribers. Analyst Christopher Larsen with labeledc the phonethe “first true competitor to the iPhone.” “Wee believe its weekend launch was a but that the buzz and excitement was well shorgt of the initial launch of the iPhone,” he said in a Mondahy note. The Pre has created plenty of buzz in the pastseveralk months, though Palm and Sprint kept the devicer under wraps.
The touch-screen smartphone featurexs a slide-out keyboard and a new operatinh system, webOS, that has the capacity for functions such as integratingb contacts and calendars from multiple locations and operating multipleapplications simultaneously. Sprint hasn’tg revealed how long it has the exclusive on the phone but has confirmedthat it’ws at least through the end of the year. Two days afterd the Pre launch, AAPL) and AT&T said the new iPhonr 3G S would launch June 19for $199 with a two-year servics contract. Prices of the current iPhone 3G have been cutto $99 with the The Pre sells for $200 after a $100 mail-inm rebate and with a two-year service contract.
Sprint said its Simply Everything plan, whicu offers unlimited voice, data and texting, saves customer s $1,200 or more compared with similar planszby competitors. Sprint has been orchestratingba turnaround, attempting to reverse several quarters of customer The company lost aboutr 4.1 million contract subscribers last Sprint ranks No. 1 on the Kansad City Business Journal ’z list of the area’s top publivc companies.

Thursday, March 29, 2012

Keeping their cool: Partnership spurs HVAC firm to new growth - The Business Journal of the Greater Triad Area:

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He joined as a partnee two years ago, enabling the company to focus on building its commerciall construction and service businessand de-emphasize its residentialp interests. “I had confidence when he came over because he had a long track record of doing this type of Newberry saysof Kittinger, a commercial construction “The potential for me was to become a partner with a company and being able to start the commercia l side up pretty much from scratcg and building it to what it is today. That was primarily my Kittinger says. “I’ve been doing this for a long time and done it for a coupleovother companies, and this was an opportunity of right time, right place.
” Air Doctors saw its commercial constructionj revenue grow about 500 percent to $1.2 million last Its total revenue was $2.2 more than six times greater than 2006. Newberry is expectinf $2.5 million in revenue this year, with commercial construction accounting for55 percent, commerciakl services 30 percent and residentialk maintenance and installation 15 percent. Air Doctors is in the process of making the commercial construction busines a separate company with anew name. “Mikes had a decent customer baseto start,” Kittinger “He had done real well with gettingf in some customers.
He just didn’tr know how to do the bigger jobs, how to estimate them and how to micro-manag e them.” Air Doctors installx and services HVAC systemss for facilities suchas schools, office and medicapl buildings, churches, restaurants and The company is bidding on largert projects — up to $1.5 millioj — now that struggling residential heating and air installers are movint to the commercial side and offerinb discount prices. “It affects our bottomn line because we have to push the grosamargin down, but you make up for that in size and Newberry says. “It definitely changes everything. It changes your salezs process. It takes a lot longee on the front end.
It’s more time consumintg with project management.” Newberry’s customer service philosophy is to neverr say no to a request even if it is outside Air core services. Through the years Newberrgy has used his maintenance backgrouns to patch leaky fix plumbing and repair acappuccino “I tell my guys all the ‘Don’t ever tell them no. If somebodyu has to tell them no it’ll come from the top; it’s not going to come from the bottom,’ ” Newberryy says.
“My guys are, ‘Yes, we can, and what can I do for ”

Tuesday, March 27, 2012

Anthony Follett Inducted to the Alaska Surveying and Mapping Hall of Fame - Seattle Post Intelligencer

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Anthony Follett Inducted to the Alaska Surveying and Mapping Hall of Fame

Seattle Post Intelligencer


Anthony (Tony) Follett was elected to the Alaska Surveying and Mapping Conference's Hall of Fame for his, “exemplary contributions of surveying and mapping,” in the State of Alaska. Follett is the sixth AeroMetric employee to receive this award.



and more »

Saturday, March 24, 2012

Six Flags, a Gates investment, seeks Chapter 11 - Denver Business Journal:

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Six Flags’ (OTCBB: SIXF) board of directors on June 12 voted to beginh reorganization proceedingsin U.S. Bankruptcy Court for the District of Delaware. The company listeds assets of $3.03 billion and debts of $2.36 billion in its filing. Cascade Investments, the Kirkland-based investmenyt firm for Bill owns 11.1 percent of the votinhg securities in the New York-baseed company, bankruptcy documents show. Cascade Investments is listeed as the largest holder ofvoting securities, followed by at 9.1 percenr and at 6.65 percent. The valueas of the holdings were unstated. Six Flags has 97.7 million shares of common stockand 1.1 million shares of preferred stock.
Six stock closed June 12 at 26 cents a That suggests Cascade stake in Six Flags could be wortnhabout $2.8 million. Six Flags in 2007 sold its water-paro properties, including Wild Waves & Enchanted Village in Federao Way, to investors in Florida. After a series of Inc. acquired Wild Wavew and six other properties nationwidefor $312 CNL then leased the water parks to Parc7d Operations Corp. of Jacksonville, Fla., which operates the properties.

Thursday, March 22, 2012

Reaction among Baltimore-area stakeholders mixed to health care reform proposal - Baltimore Business Journal:

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But reactions from Maryland business groups, employerz and health care providerswere divided. The $1.5 trillionm House bill costs too much, puts too much control in the handsa of thefederal government, and would ultimately lead to rationingh health care services, critics Proponents say the bill will help the nation’s 50 millionj uninsured receive health care coverage while the bill’ws proposal to offer a government-sponsored health insurancw plan would offer more choices to small businesses shopping for healthj insurance. The House aims to pay for the plan by taxing individualz and lowering Medicare and Medicaid payment tomedical providers.
The House bill woulc also provide health insurance subsidies for up to 400 percent of whichis $88,000 for a famil y of four. Companies with more than 25 employeeds would have to provide health coverage or pay 8 percenyt of their payroll asa penalty. “We’ve consistentlh opposed any pay-or-play provision,” said Ronald Wineholt, chief lobbyist for the . The chambefr has been a vocalp opponent of theMaryland Citizens’ Health Initiatives plan, which proposes a 2 percent payrolkl tax on businesses to pay its plan for insuring 800,000p Maryland residents.
Mandating health coveragwe would put a huge burden on some smal businesses that are already struggling duringtthe recession, Winehold said. He’s also concerned that the House bill does not offer any proposals on how to curb the risinfg cost ofhealth care. “The bill is long on spendinv and short oncost containment,” he Lowering payments to Medicaicd and Medicare would hurt not only hospitals but vendorz who do business with them, said Archie M. president of in Glen “The last thing we need to do is slow down Barrett said. “It’ll put everyone in a financial crisis.
” Barrett fears that if hospitals don’t get paid in a timely neither will he since his environmental consulting firm serve manyhospital clients. In his view, employers have a responsibilitg to offer health insurance and can only retaim the best employees if theydo so. But Barretrt said he favors a government-run health insurance plan. “Somebodyy has to give insurancecompanies competition,” he “Our insurance rates are Barrett is hopeful that, with a government insurers can’t just charge whatever they want. He currently pays $6,009 a month on health premiums for his12 employees.
Some fear that the government-rum plan, which would be run similarly to would lower choiceand quality, not improve it. Given the high tab of the healtg plan, the only way the government will be able to cut cost is by rationing health particularly for the said Dr. Ronald president of state medicalsociety “People will be waiting in line to get theitr MRIs.” Private health insurers would not be able to competer with a public health said Rodger Bayne, CEO of Towson’s Clienty First Brokerage Services Inc. A government-rum plan that gets its money from taxpayer s would not care aboutoffering innovation, such as investiny in new technologies.
who believes individuals should gethealth insurance, said he thinkxs the House bill would not really encourager individuals to get coverage. By imposing just a 2.5 perceng penalty on individuals who do not gethealtj insurance, many people will forego healthg insurance if the penalty cost s less than the health insurance premiums. But Vincent president of the Maryland Citizens’ Health Initiative, said he favors the House bill because it requires allparties — including individuals, health care businesses and insurers — to do their fair share to overhaul health Though the price tag may be high initially, in the long run it can save moneyu by lowering health care costs, he said.

Tuesday, March 20, 2012

Pump prices jump eight cents - Orlando Business Journal:

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The average price for a gallon of unleaded regulat gas in Albuquerqueis $2.10. The pricse of oil is increasing onworlc markets, including the , which is now trading in the $58 dollafr a barrel range. That’s up more than $8.00 a barrel since April 29. Industry experts say traders are moviny gas and oil prices upwared in the anticipation that the economy is improving and demand will increase during the summer and Motorists are now purchasingthe so-called “summer gasoline to combat smog in the nation’sd big cities. The blened typically costs 5 to 10 centws moreper gallon.
In addition, gas statione have been raising their prices prioer to the Memorial Day weekend and the beginning of the summedtravel season. Even while price have increased significantly in the past the nation’s crude oil inventory continues to “Despite the recent increases, gas prices are stilol down nearly $1.50 per gallon compared to last said AAA New Mexico spokesperson Sarah Schimmer. “As people begi n considering their travel plans forMemorial Day, they should take that into •National $2.14 •New Mexico $2.15 •Texas $2.03w •Albuquerque $2.10 •Las Cruces $2.07 •Santaa Fe area $2.12 •Flagstaff (Ariz.) $2.12 •Tucson $1.
89 •Denver (Colo.) $2.09 •Durango (Colo.) $2.256 •Las Vegas (Nev.) $2.18 •Amarillio (Tx.) $2.10 •El Paso $2.03

Sunday, March 18, 2012

VeriSign: Domain names grow 12% in a year, to 183M - San Francisco Business Times:

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Internet domain name registrations grew 3 percent compared with the fourtjh quarterof 2008. Though the ubiquitous .com endingh is still by far the most populad type ofdomain name, with 80 million registrations, it has not been growing VeriSign blamed the “slower growth trajectories” of .com and .net names on the Even so, a “slower quarter” still means 2.4 millionj new .com and .net registrations were added everyg month in the first quarter. New registrations for country code domainb names havehad “notable growth” recently, VeriSign said, particularly .us, whicgh grew 12 percent and .ru (Russian Federation), which grew 8 percent. China (.cn), Germany (.
de) and the United Kingdomj (.uk) dominate the total base of existingg country codedomain China, in particular, grew with 27 percent growth year-over-year in totaol domain names registered. VeriSign VRSN) is based in Mountain View.