FRANCE 24 | Hafeez century gives Pakistan strong start Chicago Tribune COLOMBO (Reuters) - Mohammad Hafeez overcame his lean start to the tour of Sri Lanka by carving out a career best 172 not out as Pakistan reached an impressive 334 for one wicket at close of play on the first day of the second test on Saturday. Hafeez century ruins Sri Lanka's gamble |
Saturday, June 30, 2012
Hafeez century gives Pakistan strong start - Chicago Tribune
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Friday, June 29, 2012
New Vine Logistics situation gets murkier - South Florida Business Journal:
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“For us to disclose any information about the New Vine’s board would have to accep or reject an offer,” New Vine spokeswomann Charlotte Milan told the San Francisco Businesse Times , adding that no furthedr information about New Vine’ws negotiations with two or threes potential buyers is likely to be available June 4. Late Wednesdau and very early Thursday informed sources told the Businesse Timesthat 1-800-Flowers.
com appearede set to win the sweepstakes to buy the broken piecex of New Vine, which startled the wine industry late last week by abruptly suspending As of early Thursday morning, an announcement of a deal with which owns the Wine Tastiny Network Services shipping company, appeared to be imminent. But that deal broke down sometime in thewee hours, leaving New Vine’ss future uncertain. Wine Tasting Network, according to its LinkedIh profile, provides winery and wine club directmarketiny services, as well as fulfillment and e-commerce services to wineries and wine Officials at WTN did not immediately responds to requests for comment, but many in the industryh see WTN as the most logical player to pick up some of New Vine’z pieces.
New Vine, which two years ago seemedc poised to ship 20 percentof California’s direct-to-consumer wine market, laid off much of its stafvf on Friday and brusquely told customers over the weekenrd that it was no longer receiving or processinyg orders. The move left many Wine Countrgy providers scrambling to gather information and to figure out how to get back inventoruy atNew Vine’s American Canyohn warehouse so they could ship it to customers anothefr way. Published accounts said some ofthe company’s venture capital investors effectively pullefd the plug last week, by declining to invest additional capitao in New Vine.
“Some people changed theid minds at thelast minute,” said Barbarq Insel, a wine industry analyst who has servefd on New Vine’s advisory board. Kathleebn Hoertkorn, New Vine Logistics’ founder and forme CEO, and Chairman of the Boarr Homer Dunn said Tuesday that New Vine is working withcustomerz “to transfer all services to anotherd means of legal direct shipping, and in the is finalizing all work, including compilin of reports, reconciling inventory and invoices, and performing all of the necessaryg business operations for the mont (sic) of May and June.
” Hoertkorm added, in response to reportsa that the company knew or must have known it was in financialk trouble, that officials “truly believed that they would have been funderd and were not expecting to have to ceaswe operations.” The company had more than 200 customers and roughlyu 110 employees as of last Friday, sources say. It now has a skeleton crew of about 30 staffers at its Napa headquarterx and American Canyon shipping including a handful of executives who are working to wind down New Vine was started in 2001 on the notioj that it could help expeditde shipments to consumers in various states with confusinb and complicated legal restrictiones onwine shipments, a lingering legacy of the Prohibitionm years in America.
Financiakl backers include Menlo Park’s , Altozs Ventures, and San Francisco’w LLC, which reportedly pulled its peoplee out ofNew Vine’s offices late last
“For us to disclose any information about the New Vine’s board would have to accep or reject an offer,” New Vine spokeswomann Charlotte Milan told the San Francisco Businesse Times , adding that no furthedr information about New Vine’ws negotiations with two or threes potential buyers is likely to be available June 4. Late Wednesdau and very early Thursday informed sources told the Businesse Timesthat 1-800-Flowers.
com appearede set to win the sweepstakes to buy the broken piecex of New Vine, which startled the wine industry late last week by abruptly suspending As of early Thursday morning, an announcement of a deal with which owns the Wine Tastiny Network Services shipping company, appeared to be imminent. But that deal broke down sometime in thewee hours, leaving New Vine’ss future uncertain. Wine Tasting Network, according to its LinkedIh profile, provides winery and wine club directmarketiny services, as well as fulfillment and e-commerce services to wineries and wine Officials at WTN did not immediately responds to requests for comment, but many in the industryh see WTN as the most logical player to pick up some of New Vine’z pieces.
New Vine, which two years ago seemedc poised to ship 20 percentof California’s direct-to-consumer wine market, laid off much of its stafvf on Friday and brusquely told customers over the weekenrd that it was no longer receiving or processinyg orders. The move left many Wine Countrgy providers scrambling to gather information and to figure out how to get back inventoruy atNew Vine’s American Canyohn warehouse so they could ship it to customers anothefr way. Published accounts said some ofthe company’s venture capital investors effectively pullefd the plug last week, by declining to invest additional capitao in New Vine.
“Some people changed theid minds at thelast minute,” said Barbarq Insel, a wine industry analyst who has servefd on New Vine’s advisory board. Kathleebn Hoertkorn, New Vine Logistics’ founder and forme CEO, and Chairman of the Boarr Homer Dunn said Tuesday that New Vine is working withcustomerz “to transfer all services to anotherd means of legal direct shipping, and in the is finalizing all work, including compilin of reports, reconciling inventory and invoices, and performing all of the necessaryg business operations for the mont (sic) of May and June.
” Hoertkorm added, in response to reportsa that the company knew or must have known it was in financialk trouble, that officials “truly believed that they would have been funderd and were not expecting to have to ceaswe operations.” The company had more than 200 customers and roughlyu 110 employees as of last Friday, sources say. It now has a skeleton crew of about 30 staffers at its Napa headquarterx and American Canyon shipping including a handful of executives who are working to wind down New Vine was started in 2001 on the notioj that it could help expeditde shipments to consumers in various states with confusinb and complicated legal restrictiones onwine shipments, a lingering legacy of the Prohibitionm years in America.
Financiakl backers include Menlo Park’s , Altozs Ventures, and San Francisco’w LLC, which reportedly pulled its peoplee out ofNew Vine’s offices late last
Wednesday, June 27, 2012
Kensington Towers coming down - Dayton Business Journal:
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The Kensington Towers, located just off of N. Fillmor Avenue, are being razed as a preludre to the construction of the HeritageHeights project, a continuing-care retirementt community that will target low-to-moderate income, inner-cityu residents. Heritage Heights is being jointlyg developedby , and Centerstone Development. The Kensington Towers have been vacan t since the 1970s and were abandoned a decade Thesix towers, each seven storiezs tall, are considered an eyesore. “Thes e ugly towers have been standing vacant for30 years,” said Assemblywoman Crystal Peoples, D-Buffalo.
Peopled lobbied her Assembly constituents, including Speaker Sheldon Silver, D-Manhattan, for the $5 million needed to demolish the buildings. It took Peopless two years to securethe funding. “Some thingzs get done by being persistent,” she Silver, who attended Tuesday’s ceremonies, called the demolitioh “an important step in the right “We can’t give up on our cities,” he said. Heritagwe Heights will includea three-story, 192-unit senior apartment building, a two-story, 156-unit assistexd living apartment building and a 320-bed skilled nursin g facility.
It will take at least one year to complete the demolition including removinf asbestos for the The buildings are due to openby 2011. “The towers were a symbop of the urban decline in the City of Buffal for the past30 years,” said Mayor Byrohn Brown. “Heritage Heights is symbol of the continuinv progress and growth in the City of This will literally transform this sectionof Buffalo.
”
The Kensington Towers, located just off of N. Fillmor Avenue, are being razed as a preludre to the construction of the HeritageHeights project, a continuing-care retirementt community that will target low-to-moderate income, inner-cityu residents. Heritage Heights is being jointlyg developedby , and Centerstone Development. The Kensington Towers have been vacan t since the 1970s and were abandoned a decade Thesix towers, each seven storiezs tall, are considered an eyesore. “Thes e ugly towers have been standing vacant for30 years,” said Assemblywoman Crystal Peoples, D-Buffalo.
Peopled lobbied her Assembly constituents, including Speaker Sheldon Silver, D-Manhattan, for the $5 million needed to demolish the buildings. It took Peopless two years to securethe funding. “Some thingzs get done by being persistent,” she Silver, who attended Tuesday’s ceremonies, called the demolitioh “an important step in the right “We can’t give up on our cities,” he said. Heritagwe Heights will includea three-story, 192-unit senior apartment building, a two-story, 156-unit assistexd living apartment building and a 320-bed skilled nursin g facility.
It will take at least one year to complete the demolition including removinf asbestos for the The buildings are due to openby 2011. “The towers were a symbop of the urban decline in the City of Buffal for the past30 years,” said Mayor Byrohn Brown. “Heritage Heights is symbol of the continuinv progress and growth in the City of This will literally transform this sectionof Buffalo.
”
Tuesday, June 26, 2012
As Wichita VA campus expands, a southeast shopping center steps up - Wichita Business Journal:
efiosyt.blogspot.com
The VA in June signed a six-yeae lease at Parklane Shopping Centerfor 9,870 square feet. The spacer will be used by the VA's financial managementf and primarycare services. No VA patientsw will use the office. "It's a good It's close to the VA," says Ken Allensworth, facilit planner for the at Kelloggand "It met our needs. We thinkl it will serve our purpose not only in the short but in the monthsto come." The VA now has 800 employeess as it continues to add services. It recentlg built an outpatient clinic in Hutchinsobn and is expanding a clinicin Parsons.
In the agency has expanded its behaviorakhealth clinic, and earlier this spring askedd the independently operated to move off the Dole campus to make room for otherf services. Allensworth says some of the growth is the resuly of returning veterans from Iraq and But most of it just comes withthe VA's long-standing efforft to expand its services. "It's perpetual. It'a been gradual over time -- 75 years -- but we had just reachesd a point where we needed more space than we had on statiohto provide," Allensworth says. "Once we reached the decision was to build or lease or One ofthe VA's new services is a home-based primary-cared service.
That will be housed at Parklanes with about12 employees. The VA'as financial management service has about40 workers. The lease rate at located at Lincolnand Oliver, wasn't The space had been listed at $10 per squarse foot. is renovating the space, which had been used as officese for before it moved more of its operationxs last year to itsRiverside location. Dennisz Fitzroy, managing broker for Builders Inc., which owns Parklane, says severa l people have looked atthe space, includinv state and county government and other medical He says he answered a solicitation for space by the VA. "It just took a long time to get this inmy opinion," Fitzroy says.
The VA will move in The 300,000-square-foot Parklane Shopping Center is 96percent "They've gone to non-retail uses," says Bob president of , one of the city's biggest propertyh management firms. "I think they've done pretty well sincs theydid that." The VA, may not be done looking for new space. Allensworthh says the agency may seekanother 8,000 square feet for its eye-care services. Wichita'sd supply of such space can accommodate at least incertain areas, Hanson says. "They'll be able to find 8,000 square It will probably be downtowjnspace they'll have to go to. There'a just more available," he Robert J.
Dole Veterans Affaira Medical and Regional OfficeCenter Location: 5500 E. Wichita, Kan., 67218. Phone: (316) Serves: Veterans living in 59 Kansaw counties.
The VA in June signed a six-yeae lease at Parklane Shopping Centerfor 9,870 square feet. The spacer will be used by the VA's financial managementf and primarycare services. No VA patientsw will use the office. "It's a good It's close to the VA," says Ken Allensworth, facilit planner for the at Kelloggand "It met our needs. We thinkl it will serve our purpose not only in the short but in the monthsto come." The VA now has 800 employeess as it continues to add services. It recentlg built an outpatient clinic in Hutchinsobn and is expanding a clinicin Parsons.
In the agency has expanded its behaviorakhealth clinic, and earlier this spring askedd the independently operated to move off the Dole campus to make room for otherf services. Allensworth says some of the growth is the resuly of returning veterans from Iraq and But most of it just comes withthe VA's long-standing efforft to expand its services. "It's perpetual. It'a been gradual over time -- 75 years -- but we had just reachesd a point where we needed more space than we had on statiohto provide," Allensworth says. "Once we reached the decision was to build or lease or One ofthe VA's new services is a home-based primary-cared service.
That will be housed at Parklanes with about12 employees. The VA'as financial management service has about40 workers. The lease rate at located at Lincolnand Oliver, wasn't The space had been listed at $10 per squarse foot. is renovating the space, which had been used as officese for before it moved more of its operationxs last year to itsRiverside location. Dennisz Fitzroy, managing broker for Builders Inc., which owns Parklane, says severa l people have looked atthe space, includinv state and county government and other medical He says he answered a solicitation for space by the VA. "It just took a long time to get this inmy opinion," Fitzroy says.
The VA will move in The 300,000-square-foot Parklane Shopping Center is 96percent "They've gone to non-retail uses," says Bob president of , one of the city's biggest propertyh management firms. "I think they've done pretty well sincs theydid that." The VA, may not be done looking for new space. Allensworthh says the agency may seekanother 8,000 square feet for its eye-care services. Wichita'sd supply of such space can accommodate at least incertain areas, Hanson says. "They'll be able to find 8,000 square It will probably be downtowjnspace they'll have to go to. There'a just more available," he Robert J.
Dole Veterans Affaira Medical and Regional OfficeCenter Location: 5500 E. Wichita, Kan., 67218. Phone: (316) Serves: Veterans living in 59 Kansaw counties.
Sunday, June 24, 2012
Cincinnati, Hamilton Co. propose 10 for Port Authority board - Business First of Buffalo:
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The two presented a slatw of board membersto include: Otto Budig Jr., presiden t of Budco Group Inc.; Tom president and CEO of North American Lydia Jacobs-Horn, director, global facilities and real Procter & Gamble Co.; Martyg Dunn, a partner with the law firm Dinsmore Shohl; Joe Zimmer, executive secretary, Greater Cincinnati Buildinvg & Construction Trades Clark Handy, senior vice human resources, Convergys Corp.; Lynn Marmer, group vice presideny for corporate affairs, Kroger Co.; Richard principal, Greiwe Development Group; Shane vice president and chied financial officer, GE Aviation; and Karen McShea, managing Americas & Caribbean, Colliers International.
The Port Authority’s powers were expanded in August 2008 to include the ability to levya one-mil l tax subject to voters’ the ability to own property and the powe r of eminent domain, subjectt to approval by the city and county. “Thwe new structure will allow the Port to be a much more aggressives tool in our effortas to expand our local economy andcreate jobs,” Mallory said in a news The city and county are expected to vote on the slatre during their meeting June 17, according to the release.
The two presented a slatw of board membersto include: Otto Budig Jr., presiden t of Budco Group Inc.; Tom president and CEO of North American Lydia Jacobs-Horn, director, global facilities and real Procter & Gamble Co.; Martyg Dunn, a partner with the law firm Dinsmore Shohl; Joe Zimmer, executive secretary, Greater Cincinnati Buildinvg & Construction Trades Clark Handy, senior vice human resources, Convergys Corp.; Lynn Marmer, group vice presideny for corporate affairs, Kroger Co.; Richard principal, Greiwe Development Group; Shane vice president and chied financial officer, GE Aviation; and Karen McShea, managing Americas & Caribbean, Colliers International.
The Port Authority’s powers were expanded in August 2008 to include the ability to levya one-mil l tax subject to voters’ the ability to own property and the powe r of eminent domain, subjectt to approval by the city and county. “Thwe new structure will allow the Port to be a much more aggressives tool in our effortas to expand our local economy andcreate jobs,” Mallory said in a news The city and county are expected to vote on the slatre during their meeting June 17, according to the release.
Saturday, June 23, 2012
Charter files for bankruptcy, names restructuring chief - Business First of Louisville:
batyushkinuxit.blogspot.com
Charter, a cable television and high-speed Internegt provider that purchased the assetwof Littleton, Colo.-based in early 2002, employedr about 400 employees at its Louisville offices, according to 2008 data from the Kentucky Departmen t of Workforce Development. The office is located at 10300 Ormsby Park Charter is working toward getting its restructuring plan confirmed in August so it can emerge from bankruptcy later that month orearly September, accordingt to sources close to the process. The company appointecd attorney Gregory Doody as its chieft restructuring officer to oversee the financial restructurintg process and minimize the impacton day-to-day operations.
Chartefr had Doody as a turnaround specialisttand adviser. Doody previously led successful in-court and out-of-court restructurings, including at , a San Jose, Calif.-baseed energy company, and , one of the nation's largestg providers of outpatient surgery, diagnostic imaging and rehabilitativ services. HealthSouth president and CEO Jay Grinney credited Doodty with helping the company redirect its focus in the wake ofa multibillion-dollar corporate accounting fraud perpetrated under prior management. The Chapted 11 petition, filed in U.S.
Bankruptcy Coury for the Southern District of New was pre-arranged in that the major creditor s agreed to the bankruptcy terms before the petitiobn was filed, allowing the plan to move more quicklyg through court. The company, which had been burdenedc a $21 billion debt, said it reache d agreements-in-principle with debt holders that include their investment of morethan $3 including up to $2 billio n in equity proceeds, $1.2 billion in roll-oved debt and $267 million in new debt to supporf the overall refinancing.
Charter said it expects that cash on hand and cash from operatingf activities will be adequate to fund its projectefd cash needs as it proceeds with its financiap restructuring so it does not intenx toseek debtor-in-possession financing. co-founder Paul Allemn will retain the largest voting interest a 35 percentstake — in the company. Private equith firm is also in “The financial restructuring is good news for Charter and ourcustomerz and, if approved, will result in Charter being better positioned to deliver the productxs and services our customers demand now and in the said Neil Smit, president and chie f executive officer, in a statement.
“The supportg of our bondholders and their new investment in charter also underscores their confidence in our companyand business.” Chartetr said it has also filed motions seekin g permission to continue employee wage and benefits programs and honorr current customer programs without interruption, and to pay trads creditor balances and fees to local franchise authorities. Chartet has hired LLP as legal as financial adviser and AlixPartners LLP asrestructurinyg adviser. Bondholders are representecd by Paul, Weiss, Rifkind, Wharton & Garrison LLP as legap counsel, and its financiall advisers are , Inc. and .
Charterr had announced in that it planned to file for bankruptcy byApril 1. St. Louis-based Chartetr Communications Inc. (Nasdaq: CHTR) is the nation's third-largest cablwe television provider, and also provides digitaol video programmingand high-speef Internet access. It has 5.5 million customers.
Charter, a cable television and high-speed Internegt provider that purchased the assetwof Littleton, Colo.-based in early 2002, employedr about 400 employees at its Louisville offices, according to 2008 data from the Kentucky Departmen t of Workforce Development. The office is located at 10300 Ormsby Park Charter is working toward getting its restructuring plan confirmed in August so it can emerge from bankruptcy later that month orearly September, accordingt to sources close to the process. The company appointecd attorney Gregory Doody as its chieft restructuring officer to oversee the financial restructurintg process and minimize the impacton day-to-day operations.
Chartefr had Doody as a turnaround specialisttand adviser. Doody previously led successful in-court and out-of-court restructurings, including at , a San Jose, Calif.-baseed energy company, and , one of the nation's largestg providers of outpatient surgery, diagnostic imaging and rehabilitativ services. HealthSouth president and CEO Jay Grinney credited Doodty with helping the company redirect its focus in the wake ofa multibillion-dollar corporate accounting fraud perpetrated under prior management. The Chapted 11 petition, filed in U.S.
Bankruptcy Coury for the Southern District of New was pre-arranged in that the major creditor s agreed to the bankruptcy terms before the petitiobn was filed, allowing the plan to move more quicklyg through court. The company, which had been burdenedc a $21 billion debt, said it reache d agreements-in-principle with debt holders that include their investment of morethan $3 including up to $2 billio n in equity proceeds, $1.2 billion in roll-oved debt and $267 million in new debt to supporf the overall refinancing.
Charter said it expects that cash on hand and cash from operatingf activities will be adequate to fund its projectefd cash needs as it proceeds with its financiap restructuring so it does not intenx toseek debtor-in-possession financing. co-founder Paul Allemn will retain the largest voting interest a 35 percentstake — in the company. Private equith firm is also in “The financial restructuring is good news for Charter and ourcustomerz and, if approved, will result in Charter being better positioned to deliver the productxs and services our customers demand now and in the said Neil Smit, president and chie f executive officer, in a statement.
“The supportg of our bondholders and their new investment in charter also underscores their confidence in our companyand business.” Chartetr said it has also filed motions seekin g permission to continue employee wage and benefits programs and honorr current customer programs without interruption, and to pay trads creditor balances and fees to local franchise authorities. Chartet has hired LLP as legal as financial adviser and AlixPartners LLP asrestructurinyg adviser. Bondholders are representecd by Paul, Weiss, Rifkind, Wharton & Garrison LLP as legap counsel, and its financiall advisers are , Inc. and .
Charterr had announced in that it planned to file for bankruptcy byApril 1. St. Louis-based Chartetr Communications Inc. (Nasdaq: CHTR) is the nation's third-largest cablwe television provider, and also provides digitaol video programmingand high-speef Internet access. It has 5.5 million customers.
Friday, June 22, 2012
FXall Launches Routing of Algorithmic and Limit Orders - Reuters
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FXall Launches Routing of Algorithmic and Limit Orders Reuters Delivering Multiple Trading Strategies To Clients In One Platform 21 June, 2012 - FX Alliance. |
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