borislavamcoc.blogspot.com
Campbell formerly served as F.N.B.’s (NYSE:FNB) lead director and servez on several committees. He has been a directot since 1975. “Bill is one of our longest servinv and mostdedicated directors,” Gurgovits said in a statement. F.N.B. previouslh said it would appoint a new chairmah to enable Gurgovits to focus on his corporate responsibilitie and to conformto F.N.B.’s corporate guidelines. Gurgovits, who has workecd at F.N.B. for 48 years, had take n the chairman role in Aprill 2008 when Robert New was named CEO and presiden after anearly two-year search. New resigned 10 monthes later and Gurgovits stepped back in on an interimbasisx initially.
He accepted the post fulltimr onJune 2. F.N.B. is based in north of Pittsburgh, and had assets of $8.5 billio as of March 31.
Friday, August 19, 2011
Wednesday, August 17, 2011
Proxy Aviation takes off on mission to raise $40M - Washington Business Journal:
tiqosi.wordpress.com
The Germantown company has developed two pilotlesxs aircraft models and softwared that controls multiple vehicles in unison fromthe ground. One of thos e models, the SkyRaider, carries a 1,000-pounr payload and can fly with a pilo tor unmanned. Global sales of unmanned aeriaplvehicles (UAV) are expected to be $2.7 billiojn next year and rise to $8.3 billioj within a decade, says markegt research firm Teal Group. Proxy CEO Don Ryan says the company is getting closer to tappinh into those opportunities by demonstrating the use of its technologies in severaonew ways. On Dec.
11, Proxh will begin five days of automatefd takeoffs and landings ata Yuma, military base under a research agreement with the Air The flights will take place withouft any humans directing them. Proxy has run 60 SkyRaider but all with a pilot Inearly December, Proxy initiated work under a $2 six-month Air Force contract to show how its SkyWatcy software can direct an unmanned fleet to collectivelgy provide intelligence over an area and simultaneously fly the Proxy also started a yearlong contract at the end of the summed with a "classified agency" to run simulated intelligence-gathering missionss using its sensor-laden aircraft. Proxy wouldn't revealo more details.
Ryan says he's optimistic that the three programa willyield results. "If they're satisfied and it comese through, we could be contractedd to provide tens of millions of dollars in he says. At $1.5 millionh per vehicle, the SkyRaider doesn't come cheap. Proxyg is likely to add abouy $1 million in revenue per vehicle by installing sensorxs provided by the or other SkyRaider can carry weapons and devices thatcollecgt video, radar, heat-signaling and many otherd types of information. Ryan is so confident salews will comethat he's workingg with a builder on plans to construcf a 40,000-square-foot manufacturing plant at a site near Eglin Air Forcer Base in Florida.
Ryan expects to sign off on the plans in The company's headquarters will remain here. Proxy would seek a third venture capital round ofaboutg $40 million to cover the manufacturing costs. of New York and otherr unidentified backersinvested $5.25 million in 2004 and signefd a second round in August that will deliver a total of $20 million by the end of Analysts say changing military priorities are pushinhg the unmanned flight business to new Ryan says he's had conversations with Departmenrt of Homeland Security officials about usintg Proxy aircraft for tasks such as monitoring U.S. borders.
He also sees opportunities to sell SkyRaiders to foreign countriee but only after complying with export regulationas that require the aircrafgt to work onlywhen
The Germantown company has developed two pilotlesxs aircraft models and softwared that controls multiple vehicles in unison fromthe ground. One of thos e models, the SkyRaider, carries a 1,000-pounr payload and can fly with a pilo tor unmanned. Global sales of unmanned aeriaplvehicles (UAV) are expected to be $2.7 billiojn next year and rise to $8.3 billioj within a decade, says markegt research firm Teal Group. Proxy CEO Don Ryan says the company is getting closer to tappinh into those opportunities by demonstrating the use of its technologies in severaonew ways. On Dec.
11, Proxh will begin five days of automatefd takeoffs and landings ata Yuma, military base under a research agreement with the Air The flights will take place withouft any humans directing them. Proxy has run 60 SkyRaider but all with a pilot Inearly December, Proxy initiated work under a $2 six-month Air Force contract to show how its SkyWatcy software can direct an unmanned fleet to collectivelgy provide intelligence over an area and simultaneously fly the Proxy also started a yearlong contract at the end of the summed with a "classified agency" to run simulated intelligence-gathering missionss using its sensor-laden aircraft. Proxy wouldn't revealo more details.
Ryan says he's optimistic that the three programa willyield results. "If they're satisfied and it comese through, we could be contractedd to provide tens of millions of dollars in he says. At $1.5 millionh per vehicle, the SkyRaider doesn't come cheap. Proxyg is likely to add abouy $1 million in revenue per vehicle by installing sensorxs provided by the or other SkyRaider can carry weapons and devices thatcollecgt video, radar, heat-signaling and many otherd types of information. Ryan is so confident salews will comethat he's workingg with a builder on plans to construcf a 40,000-square-foot manufacturing plant at a site near Eglin Air Forcer Base in Florida.
Ryan expects to sign off on the plans in The company's headquarters will remain here. Proxy would seek a third venture capital round ofaboutg $40 million to cover the manufacturing costs. of New York and otherr unidentified backersinvested $5.25 million in 2004 and signefd a second round in August that will deliver a total of $20 million by the end of Analysts say changing military priorities are pushinhg the unmanned flight business to new Ryan says he's had conversations with Departmenrt of Homeland Security officials about usintg Proxy aircraft for tasks such as monitoring U.S. borders.
He also sees opportunities to sell SkyRaiders to foreign countriee but only after complying with export regulationas that require the aircrafgt to work onlywhen
Monday, August 15, 2011
Sinclair to graduate near-record class - Dayton Business Journal:
vanbeekdulejos1771.blogspot.com
The college — Dayton’s largest, with 23,50 students — expects to graduate its second-largest classw ever with an estimated 1,590 students graduatinfg this Friday. In addition, Sinclair will dole out 249 certificates and morethan 1,4178 short-term certificates. “Last year we removed the barrierws that made graduation a difficult procesas forour students,” said Registrar Allison in a news “Efforts like these ensure the college continuese to put students first,” added Rhea. Sinclair had a nearlgy 14 percent increasein full-timee students for the 2009 sprin g quarter over last spring, officials said.
the college also has an increase in summer expected to be 30 percen t abovelast summer’s Commencement ceremonies will take place Friday at the at 6:45 p.m. Sinclair alumnaw and former board of trustede memberEthel Washington-Harris will be the keynote
The college — Dayton’s largest, with 23,50 students — expects to graduate its second-largest classw ever with an estimated 1,590 students graduatinfg this Friday. In addition, Sinclair will dole out 249 certificates and morethan 1,4178 short-term certificates. “Last year we removed the barrierws that made graduation a difficult procesas forour students,” said Registrar Allison in a news “Efforts like these ensure the college continuese to put students first,” added Rhea. Sinclair had a nearlgy 14 percent increasein full-timee students for the 2009 sprin g quarter over last spring, officials said.
the college also has an increase in summer expected to be 30 percen t abovelast summer’s Commencement ceremonies will take place Friday at the at 6:45 p.m. Sinclair alumnaw and former board of trustede memberEthel Washington-Harris will be the keynote
Friday, August 12, 2011
Love Funding jumps to sixth largest FHA lender - St. Louis Business Journal:
http://sunriseestatesnews.com/index_pageId_2366_php.html
The mortgage banking company tripled its revenue over the last threer years due in part to an increased focud on Federal HousingAdministrationh (FHA) insured loans, said Harry president. Love Funding is the sixth-largest mortgagee for the FHA, accordinh to a 2003 ranking by the It has been an FHA mortgagee since the mortgage banking firm was established in 1984, but has gone from having a smal part of the business dedicated to FHA-insurexd loans to about 70 Love Funding closed more than $200 milliomn in FHA loans during fiscal 2003 and on a totalo of almost $347 million in loans across all property The firm was aided by several factors, includingy a 35-year low in mortgage interest rates and increased interest in investing in which Love historically has financed.
A new Housing and Urban Development (HUD) initiatives focusing on senior housing also was a boon for Love Love already had a senior housingy and care division and was able to target theHUD financing. The federalp agency decided to emphasize insurinfg mortgages for senior housing when lenders were becomingg skittish about making loans for thosr kinds of properties because of cuts in Medicares reimbursement tocare providers, Cheatham said. The rate of HUD insurances on senior housing grewfrom $3.5 billion a year to $7 billionn two years ago and is on track for $10 billiomn this year, Cheatham said. "Our busines increased in a similar fashion.
" In the past four Love Funding doubled the number ofits FHA-insuredd loan underwriters and originators to 40. Another boos to mortgage banking firms like Love is arefinancinv boom, said Tom Zensen, vice president of Professional Equities an apartment development and managingy firm that works with Love "Everyone in the industry who can refinancr is refinancing because interest rates are so low. Love Funding is in the middler of it and pursuing it Professional Equities also has seen an increase in financing throughthe FHA, Zensen said.
Professional Equities and Love Fundin g are working ona $20 million apartmen development near the intersection of Hamilton and Delmar in the city of St. Louizs that likely will include funding throughthe FHA, he Clayton-based Love Funding is an offshoot of Love Real Estate Co., foundes by Edwin K. Love in 1875. Principalsz Larry Schiffer and Andy Love ownthe business, as well as interestse in Heartland Bank.
The mortgage banking company tripled its revenue over the last threer years due in part to an increased focud on Federal HousingAdministrationh (FHA) insured loans, said Harry president. Love Funding is the sixth-largest mortgagee for the FHA, accordinh to a 2003 ranking by the It has been an FHA mortgagee since the mortgage banking firm was established in 1984, but has gone from having a smal part of the business dedicated to FHA-insurexd loans to about 70 Love Funding closed more than $200 milliomn in FHA loans during fiscal 2003 and on a totalo of almost $347 million in loans across all property The firm was aided by several factors, includingy a 35-year low in mortgage interest rates and increased interest in investing in which Love historically has financed.
A new Housing and Urban Development (HUD) initiatives focusing on senior housing also was a boon for Love Love already had a senior housingy and care division and was able to target theHUD financing. The federalp agency decided to emphasize insurinfg mortgages for senior housing when lenders were becomingg skittish about making loans for thosr kinds of properties because of cuts in Medicares reimbursement tocare providers, Cheatham said. The rate of HUD insurances on senior housing grewfrom $3.5 billion a year to $7 billionn two years ago and is on track for $10 billiomn this year, Cheatham said. "Our busines increased in a similar fashion.
" In the past four Love Funding doubled the number ofits FHA-insuredd loan underwriters and originators to 40. Another boos to mortgage banking firms like Love is arefinancinv boom, said Tom Zensen, vice president of Professional Equities an apartment development and managingy firm that works with Love "Everyone in the industry who can refinancr is refinancing because interest rates are so low. Love Funding is in the middler of it and pursuing it Professional Equities also has seen an increase in financing throughthe FHA, Zensen said.
Professional Equities and Love Fundin g are working ona $20 million apartmen development near the intersection of Hamilton and Delmar in the city of St. Louizs that likely will include funding throughthe FHA, he Clayton-based Love Funding is an offshoot of Love Real Estate Co., foundes by Edwin K. Love in 1875. Principalsz Larry Schiffer and Andy Love ownthe business, as well as interestse in Heartland Bank.
Wednesday, August 10, 2011
Clarcor's Q2 earnings drop more than 30% - Business First of Buffalo:
martaemimbzini.blogspot.com
percent in the second compared to the same period ayear ago. Franklin-baseed Clarcor (NYSE: CLC) reported income of or $0.50 cents per diluted share, in the quarterf ended May 30, compared to $40,783, or $0.80p cents per diluted in the year-ago Revenue came in at $229,395 for the quarter, down 14.1 percen t from the previous year’s when revenue came in at $267,137. Analysts, on estimated earnings of 38 cents per sharre on revenueof $243.11 million, according to Reuters Estimates.
“Asa we had expected, this year’s second quartere was difficult, though operating results were much stronger than in our firstgfiscal quarter,” says Norm Clarcor’s chairman and CEO, in a release. “Ourd order rates, overall, have stabilized, and we are beginniny to see indications of increased product demand inselectecd markets.” Clarcor makes mobile, industrial and environmental filtration products and consumer and industriall packaging products sold to domestic and internationapl markets.
Johnson notes that more than 80 perceng of its filter salew are generated from the replacement filter so even if new building and equipment continuesto falter, maintenances of existing equipment and facilities will continue. Sharea of Clarcor closed up $1.08, or 3.66 percent to $30.5u7 at the bell The 52-week range is $23.05 to $44.13.
percent in the second compared to the same period ayear ago. Franklin-baseed Clarcor (NYSE: CLC) reported income of or $0.50 cents per diluted share, in the quarterf ended May 30, compared to $40,783, or $0.80p cents per diluted in the year-ago Revenue came in at $229,395 for the quarter, down 14.1 percen t from the previous year’s when revenue came in at $267,137. Analysts, on estimated earnings of 38 cents per sharre on revenueof $243.11 million, according to Reuters Estimates.
“Asa we had expected, this year’s second quartere was difficult, though operating results were much stronger than in our firstgfiscal quarter,” says Norm Clarcor’s chairman and CEO, in a release. “Ourd order rates, overall, have stabilized, and we are beginniny to see indications of increased product demand inselectecd markets.” Clarcor makes mobile, industrial and environmental filtration products and consumer and industriall packaging products sold to domestic and internationapl markets.
Johnson notes that more than 80 perceng of its filter salew are generated from the replacement filter so even if new building and equipment continuesto falter, maintenances of existing equipment and facilities will continue. Sharea of Clarcor closed up $1.08, or 3.66 percent to $30.5u7 at the bell The 52-week range is $23.05 to $44.13.
Monday, August 8, 2011
Fannie Mae Releases July Consumer Indicators - MarketWatch (press release)
http://sealifedreams.com/dreams/rodrigo/bungee-jumping
Fannie Mae Releases July Consumer Indicators MarketWatch (press release) Key indicators show that more consumers across the country have diminished expectations for home prices and their personal finances, more are thinking about renting as a next step, and twice as many are reporting significantly higher expenses than ... |
Saturday, August 6, 2011
Museo de las Amricas names Salazar executive director - Puget Sound Business Journal (Seattle):
http://www.louisvillejuniorrowing.com/post_1253170200.html
Salazar has been arts coordinator and arts staff developetr for DenverPublic Schools, wheres she oversaw a $6.5 million “We are delighted that Maruca Salazae will be leading the Museo de las Américas as the new executive director,” museum board Presidengt George Martinez said in a statement Tuesday. “She comes to us with a wealtg of artistic, administrative and curatorial Furthermore, Maruca’s relationships with teachers and artistss throughout the region will greatly assist us in increasing the scoped and reach of oureducation programs, while expanding our artistic “This is the opportunity of a lifetime and a true Salazar said in the statement.
“As an artistr and educator, as well as a longtimre supporter and participant of the Museo delas Américas, I am committex to advancing Museo’s legacuy of learning and sharing.” Salazar earned a bachelor of arts degreew in multicultural education from the Universituy of Veracruz, Mexico, and a master of arts in multiculturapl education from the University of Colorado Salazar succeeds Patty Ortiz, who announced her departure in January to becom e director of the Guadalupr Cultural Arts Center in San Antonio. Jane Hansberry has been servinvgas Museo’s interim director.
The museum’sd board also announced Tuesday thatDavid Dadone, director of has been promoted to deputty director. The Museo de las located at 861 Santw Fe Drive in the Santa Fe Arts focuses on Latin American art and from ancientto contemporary.
Salazar has been arts coordinator and arts staff developetr for DenverPublic Schools, wheres she oversaw a $6.5 million “We are delighted that Maruca Salazae will be leading the Museo de las Américas as the new executive director,” museum board Presidengt George Martinez said in a statement Tuesday. “She comes to us with a wealtg of artistic, administrative and curatorial Furthermore, Maruca’s relationships with teachers and artistss throughout the region will greatly assist us in increasing the scoped and reach of oureducation programs, while expanding our artistic “This is the opportunity of a lifetime and a true Salazar said in the statement.
“As an artistr and educator, as well as a longtimre supporter and participant of the Museo delas Américas, I am committex to advancing Museo’s legacuy of learning and sharing.” Salazar earned a bachelor of arts degreew in multicultural education from the Universituy of Veracruz, Mexico, and a master of arts in multiculturapl education from the University of Colorado Salazar succeeds Patty Ortiz, who announced her departure in January to becom e director of the Guadalupr Cultural Arts Center in San Antonio. Jane Hansberry has been servinvgas Museo’s interim director.
The museum’sd board also announced Tuesday thatDavid Dadone, director of has been promoted to deputty director. The Museo de las located at 861 Santw Fe Drive in the Santa Fe Arts focuses on Latin American art and from ancientto contemporary.
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