takes-trendsthe.blogspot.com
percent. The bad news is that the averagde price of a Seattle homedropped 16.8 percent in Aprip from a year earlier, which is gettin closer to the national average decline of 18.1 percent. A montuh earlier, the Standard & Poor’s/Case-Shillerf Home Price Indices, a monthly index that tracks home prices in 20majoe U.S. cities, indicated a 16.1 percent home price drop in Seattle. Between March and in the nation’s 20 largesrt cities covered bythe study, the national average was a 0.6 percenrt drop. From April 2008 to April all 20 U.S. markets posted The markets showing the smallest declinesx wereDenver (down 4.9 percent), Dallas (dowm 5 percent) and Boston (down 7.7 percent).
In Phoenix, home pricezs fell 35.3 percent in the past year and in Las theyfell 32.2 percent. The survey tracksw changes in the value of the residential real estate market by comparingh sale prices of specific sample homes in a city at twodifferent times. The survey assigns an inde x number to each city and does not reportf actualhome prices. The index is a measurre of how much home prices have gone up or down in each market sinceJanuary 2000, which has been assignes a price index of 100 in that
Thursday, March 10, 2011
Tuesday, March 8, 2011
The Insider - San Francisco Business Times:
stelauguqdinec.blogspot.com
Amazon and Toys Us formed an alliancein 2000, marryinvg Toys ‘R’ Us merchandise with Amazon’s onlind business. The deal was supposed to last a decade, but the agreemenr fell apart afterToys ‘R’ Us accused Amazon of breaking a deal to let the toy compant be the exclusive supplier of some products. The two firmw have been fighting for years over whether Toys Us can dissolvethe agreement. Amazo in March lost an appeal of a NewJerseyt court’s 2006 order allowing Toys Us to terminate the partnership. The question of whethe r Toys ‘R’ Us is entitled to damages is undedr consideration.
Now Amazon is appealinyg the case to the New Jersey Supreme Court, according to Patty a spokeswoman for the Seattle online retailer. She providec no further information.
Amazon and Toys Us formed an alliancein 2000, marryinvg Toys ‘R’ Us merchandise with Amazon’s onlind business. The deal was supposed to last a decade, but the agreemenr fell apart afterToys ‘R’ Us accused Amazon of breaking a deal to let the toy compant be the exclusive supplier of some products. The two firmw have been fighting for years over whether Toys Us can dissolvethe agreement. Amazo in March lost an appeal of a NewJerseyt court’s 2006 order allowing Toys Us to terminate the partnership. The question of whethe r Toys ‘R’ Us is entitled to damages is undedr consideration.
Now Amazon is appealinyg the case to the New Jersey Supreme Court, according to Patty a spokeswoman for the Seattle online retailer. She providec no further information.
Saturday, March 5, 2011
Golden Gate University eyes new highrise - San Francisco Business Times:
http://www.sumaqperu.com/en/about
Bob Hite, vice president of businesw affairs and CFO for GoldenGate University, said the university startedf discussing a plan to sell its 33,000-square-foot property at Missionb and First streets to a highrises developer about a year ago. The site now holds Goldenb Gate’s main building, and he said the university would only be interested if it could eitherd be part of anew mixed-use development on the site or move to anothere location in downtown San Francisco. Goldenn Gate has hired land use attorney Pam Duffu of LLP and has put together a task force to look atpotential deals.
Buzz about Golden Gate University’s interest in finding a developee for its site increased after a May 26 Planning Departmenty Transbay forum during which a new zoning map was showingan 850-foot proposed height at 536 Missiojn St. While planner Joshua Switzky said previous versionss of the map had also designated the parceol for higher than 800 Hite said the new zoning was news to Goldeb GateUniversity officials. “The first we knew of the 850-fooft heights was at last week’ws meeting,” said Hite. “This is a change, and we thinok a very good change.
”
Bob Hite, vice president of businesw affairs and CFO for GoldenGate University, said the university startedf discussing a plan to sell its 33,000-square-foot property at Missionb and First streets to a highrises developer about a year ago. The site now holds Goldenb Gate’s main building, and he said the university would only be interested if it could eitherd be part of anew mixed-use development on the site or move to anothere location in downtown San Francisco. Goldenn Gate has hired land use attorney Pam Duffu of LLP and has put together a task force to look atpotential deals.
Buzz about Golden Gate University’s interest in finding a developee for its site increased after a May 26 Planning Departmenty Transbay forum during which a new zoning map was showingan 850-foot proposed height at 536 Missiojn St. While planner Joshua Switzky said previous versionss of the map had also designated the parceol for higher than 800 Hite said the new zoning was news to Goldeb GateUniversity officials. “The first we knew of the 850-fooft heights was at last week’ws meeting,” said Hite. “This is a change, and we thinok a very good change.
”
Thursday, March 3, 2011
Kaleida buys 3 parcels for new project - Business First of Buffalo:
takes-trendsthe.blogspot.com
Kaleida paid $360,000 for the parcelw — located at the corner of Michigam Avenue and NorthStreer East, according to documents filed Mondayu afternoon in the Erie Countt Clerk’s Office. The parcels were owned various memberx of theMackie family. The land will be used for the construction ofthe four-story, 200,000-square-foot skilled nursing facility that Kaleida hopes to begin construction this pending some final approvals from the City of including the Buffalo Common Council.
“Thid project is consistent with the goals of theBergef Commission, as it closes two existing nursingy homes, reduces the bed count in the City of and most importantly, improves the quality of care for the said James Kaskie, Kaleidwa president and chief executive officer. The facilityh is one of severap development projects Kaleida has in its pipeline for the Buffalk Niagara Medical Campus including the construction of a Globa VascularInstitute that’s due to open in 2011.
Kaleida paid $360,000 for the parcelw — located at the corner of Michigam Avenue and NorthStreer East, according to documents filed Mondayu afternoon in the Erie Countt Clerk’s Office. The parcels were owned various memberx of theMackie family. The land will be used for the construction ofthe four-story, 200,000-square-foot skilled nursing facility that Kaleida hopes to begin construction this pending some final approvals from the City of including the Buffalo Common Council.
“Thid project is consistent with the goals of theBergef Commission, as it closes two existing nursingy homes, reduces the bed count in the City of and most importantly, improves the quality of care for the said James Kaskie, Kaleidwa president and chief executive officer. The facilityh is one of severap development projects Kaleida has in its pipeline for the Buffalk Niagara Medical Campus including the construction of a Globa VascularInstitute that’s due to open in 2011.
Monday, February 28, 2011
J.G. Wentworth raises $100M - Kansas City Business Journal:
gault-rickettsias.blogspot.com
The annuity and life-insurance policy purchaser had its reorganizationjplan OK’d by a Delaware bankruptcty court judge a week ago, afte filing for Chapter 11 protection last As part of the deal, J.G. Wentworth’sd parent, private equity firm , investedr $100 million of new equity to supportgongoing operations. It also agreed to provid e as muchas $35 million for the company to buy loansa from lenders in exchange for new preferredd interests in the company. The company said Mondau that it has substantially reduced its debt load at the parent holding company level while gaining access tonew J.G.
Wentworth conducted business without interruptioh during the brief reorganization TheBryn Mawr, Pa.-basex company sought acceptance of its plan from its lenders beforre what is called a prepackaged More than 90 percent of the term lenderse approved, the company J.G. Wentworth said its decision to file for Chapter 11 came after an extensiver review of alternatives to address pressuresfrom “extremely challenging capital market s and high borrowing and was unanimously approved by the company’s boardc of directors. In December, J.G. Wentworthg laid off 120 of its 200 employeea and closed its Las Vegas Foundedin 1991, it movee from Philadelphia to Bryn Mawr in 2003.
The annuity and life-insurance policy purchaser had its reorganizationjplan OK’d by a Delaware bankruptcty court judge a week ago, afte filing for Chapter 11 protection last As part of the deal, J.G. Wentworth’sd parent, private equity firm , investedr $100 million of new equity to supportgongoing operations. It also agreed to provid e as muchas $35 million for the company to buy loansa from lenders in exchange for new preferredd interests in the company. The company said Mondau that it has substantially reduced its debt load at the parent holding company level while gaining access tonew J.G.
Wentworth conducted business without interruptioh during the brief reorganization TheBryn Mawr, Pa.-basex company sought acceptance of its plan from its lenders beforre what is called a prepackaged More than 90 percent of the term lenderse approved, the company J.G. Wentworth said its decision to file for Chapter 11 came after an extensiver review of alternatives to address pressuresfrom “extremely challenging capital market s and high borrowing and was unanimously approved by the company’s boardc of directors. In December, J.G. Wentworthg laid off 120 of its 200 employeea and closed its Las Vegas Foundedin 1991, it movee from Philadelphia to Bryn Mawr in 2003.
Saturday, February 26, 2011
Obama urges Congress to avoid gridlock over budget - Reuters
bertayfybuqutyp.blogspot.com
Reuters | Obama urges Congress to avoid gridlock over budget Reuters WASHINGTON (Reuters) - President Barack Obama on Saturday urged Congress to find "common ground" that spared the country a damaging government shutdown, as lawmakers prepare for a showdown over spending cuts. "Next week, Congress will ... 44: House GOP stopgap bill would cut $4 billion over two weeks US Government Shutdown Looms as Lawmakers Deadlock Over Budget Proposal Dems, GOP unleash dueling campaigns over budget bill |
Wednesday, February 23, 2011
Bank of America to lay off 81 in Tampa - San Antonio Business Journal:
http://aisef.org/spices/cardamom1.htm
The layoffs will occur Aug. 14 through Nov. 27 at an administrativre office located at 5301 Idlewild the bank said in a WARN notice filed withthe . The layoffw are related to the announcement late last year saying Bank of Americaq expected toeliminate 30,000 to 35,00o0 positions over the next three years, reflecting the merger with and the weak economi environment, said Nicole Nastacie, a spokeswoman for the The reductions are coming from both companies and affecrt all lines of business and staff Nastacie said in an As many reductions as possible will be made throughn attrition, she said.
Severance and other benefits will be provided for those workers whosed jobs are eliminated and who cannot be offere another position in the combined Nastacie said. Bank of America (NYSE: headquartered in Charlotte, N.C., has the largestf deposit market share of any bank in the Tampa Bay area with 158 officewand $15.3 billion in according to the most recent information available from the
The layoffs will occur Aug. 14 through Nov. 27 at an administrativre office located at 5301 Idlewild the bank said in a WARN notice filed withthe . The layoffw are related to the announcement late last year saying Bank of Americaq expected toeliminate 30,000 to 35,00o0 positions over the next three years, reflecting the merger with and the weak economi environment, said Nicole Nastacie, a spokeswoman for the The reductions are coming from both companies and affecrt all lines of business and staff Nastacie said in an As many reductions as possible will be made throughn attrition, she said.
Severance and other benefits will be provided for those workers whosed jobs are eliminated and who cannot be offere another position in the combined Nastacie said. Bank of America (NYSE: headquartered in Charlotte, N.C., has the largestf deposit market share of any bank in the Tampa Bay area with 158 officewand $15.3 billion in according to the most recent information available from the
Subscribe to:
Posts (Atom)