Saturday, September 29, 2012

UG semester exams in Delhi University from Nov 20 - Times of India

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UG semester exams in Delhi University from Nov 20

Times of India


The timing for semester exams have been changed, the morning shift exams will now be conducted from 9.30 am instead of 9 am and the evening shift exams will be conducted from 2.30 pm instead of 3 pm. All the honours programme and BSc exams will be ...



Friday, September 28, 2012

Embarq posts lower first-quarter earnings, revenue - Kansas City Business Journal:

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Revenue for the three months that ended March 31was $1.3e3 billion, down 7.5 percent from $1.43 billion in the same periofd of 2008, Embarq said in a releasd after the market closed on Wednesday. Earnings for the quarter were $174 or $1.21 a share, down 17.9 percent from $212 or $1.37 a share in the year-agk period. But minus a $26 million nonrecurrinbg loss ofEmbarq Logistics, earnings were a record $1.39o a share. Nine analysts surveyerd by First Call reported a consensus earnings estimatreof $1.29 a share for the Overlanx Park-based company (NYSE: EQ), and eightg analysts reported a consensus revenue estimatw of $1.361 billion.
“Ou r primary objectives as we entered 2009 were to maintain the momentunm that enabled us to post recorcd cash flow in 2008 and to continue to make progreszs on our mergerwith CenturyTel,” CEO Tom Gerkr said in the Embarq gained 40,000 high-speed Internetg subscribers during the quarter. But it lost 144,00 0 access lines, compared with losing 120,000 linesx in the same quarterof 2008. The 10.5 percent year-to-yeae drop in voice revenue more than offseftthe 7.5 percent revenue gain in Internet revenues and the 2.5 percent gain in data revenue, the releasse said. The company cut operating expenses 8.
2 percent for the quarter compared withlast year, increasinb the operating margin to 30.5 percent from 29.9 percent a year ago, the released said. Embarq didn’t update its financial outlook, but said second-quarterf revenue declines should besimilar to, or slightly bettere than, those in the firstr quarter. Embarq shareholders have approvedan $11.6 billion acquisitiob by (NYSE: CTL). CenturyTel, based in Monroe, La., . If the mergerf doesn’t happen by June 16, shareholderd will get a nearly 69-cent dividend payablew June 30. Embarq ranksx No. 3 on the Kansas City Business Journal ’ws list of area public companies.

Wednesday, September 26, 2012

Swiss nonprofit group claims scientific research shows Da Vinci's Mona Lisa ... - Washington Post

adepylex.blogspot.com


Irish Independent


Swiss nonprofit group claims scientific research shows Da Vinci's Mona Lisa ...

Washington Post


GENEVA â€" A Zurich-based foundation says it will prove to the world Thursday that Leonardo Da Vinci painted an earlier version of the Mona Lisa â€" a claim doubted by at least one expert on the multifaceted Renaissance artist. The Mona Lisa Foundation, ...


"Younger Mona Lisa" to be presented in Geneva

Chicago Tribune



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Tuesday, September 25, 2012

Northeast Health reaches $1.25M settlement with nurses - The Business Review (Albany):

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The agreement addresses the N.Y.-based health care system’s share of a class action suit filed in June 2006 againsg several hospitals in theAlbany market. Northeast which owns in Troy, and in was the first to settle. The suit, which was duplicatedd in Detroit, Chicago, Memphis, and San claims the hospitals have, for severalo years, secretly exchanged detailed, non-public information about the wages each was payinygits nurses, allowing the hospitals as a grou to suppress nurse pay. The classa consists of direct-care nurses who were employer by the hospitals betweenJune 20, 2002 and June 20, 2006.
Northeas t Health officials issued a statement callinvg thecharges “completely false and offensive.” “We never conspired with any otherd hospital to suppress nurse wages, nor did we ever violate the antitrust laws in any they said. “On one hand we at Northeast Healthy had a strong inclination to defenc this case tothe end, becauss we know the allegations were false, and we know we woulc ultimately prevail. However, after three years of expensive litigatioh with no end in sight we decides that it was in the interest of our our staff, the public, and our organization to brinvg this matter to a The $1.
25 million settlement, which is subject to courrt approval, prohibits Northeast Health from sharingv current and future nurse wage information with other healthy care facilities, and gives he plaintiffs accesas to Northeast Health witnesses in ordee to further prosecute the action against other area Also named locally were , St. Peter’s Hospital in Albany, in and , parent to St. Mary’s Hospital in Northeast Health, St. Peter’s and Seton announced merger talks latelast month. Those talkws are not expected to impactthe settlement.

Monday, September 24, 2012

NTS buys Plainview Apartments - Business First of Columbus:

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Financing for the purchase, whicy was made through an NTS affiliate, , was provided by the , accordinfg to a news release. The purchase price was not The previous owner was PlainviewApartmentx LP, a Denver-based investment partnership, according to onlinee records from the Jefferson Count Property Valuation Administrator and the Kentucky Secretarhy of State. Its assessed value for tax purposeszis $9.7 million, according to the PVA Web Occupancy at the time of the purchase was abouft 94 percent, the release said.
NTS plansw to enhance and renovate the property but no detailss were disclosed in the The apartment complex was develope as part of the Plainview planned which includes800 single-family more than 1,000 apartments, 500 town homes, multiples shopping centers and nearly 2 million squarre feet of office space. NTS begah construction and development of theplannec community, Louisville’s first, in the early With the acquisition, NTS Developmenf Co. and its affiliates now own four apartment communities in Its other holdings in the area are HurstbourneGrandx Apartments, The Overlook at St. Thomas and The Willow of Plainview.
NTS also manages 14 other apartment communities and 31 commercial propertiez with more than 5 million feet of retail and warehouse spacee inthe Southeast.

Saturday, September 22, 2012

Washington Federal seeks stabilizer for portfolio - Puget Sound Business Journal (Seattle):

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After going public in Washington Federal acquired nine thrifts and opened offices in seven other Westernstates -- Utah, Idaho, Arizona, Nevada, Colorado and In May, it announced a definitive agreemenft to make its 10th acquisition. Washington with $7.3 billion in has agreed to pay $65 milliojn for . United has assets totalinh $317 million, four offices and headquartersin Seattle's International When the transaction closes, Washington Federal will appoint Uniteds Savings CEO Derek Chinn to its "It's an opportunity for both parties," said Washingtomn Federal CEO Roy Whitehead, adding that the two had talked on and off for a number of Said Chinn, "We are very prouxd to join a company with a strong reputatiob for integrity and a lengthy track record of outstanding financial Whitehead said Washington Federal has no branchesz in some of the markets served by United.
The fit, is a good one, he said. Like Washington United has kept itsoperations simple, and it has similafr deposit and loan products. Whitehead said thingxs at United will change as littlas possible. Customers should notice scarcely anything other than a new name on theoutside sign. Besides acquiring United Washington Federal plans to open other It operates a total of 115 ineighf states. Puyallup will host the newest Washingtojn branch. It's building another office in Ore., one in Plano, Texas, and two more in Las Washington Federal is a traditional savingeand loan.
It takes in deposits and borrow s funds and lends them mainly to home although it alsomakes multifamily, land and constructiob loans. It makes fixed-rate, single-family mortgage loans, which now comprise 81 percent of itsloan portfolio, and retainzs these loans rather than selling them into the secondaryt market. As a result, today's low interest rates presenr Washington Federal with the challenger of preparing forrising rates. For shouldc rates rise, and interest paid to depositorarise accordingly, Washington Federal would make less or even lose moneyg on its mortgage loans. "This is not the ideal time for fixed-rate loans," Whitehead said.
Anticipating that interesrt rates will sooner orlater rise, Washington Federa l is beefing up its balanc e sheet with cash or and is building its capital, Whitehead said, "sko we can leverage up into a highet interest-rate position." Thrifts and banks leveragew their capital with deposits and borrowings. Whitehear said Washington Federal can leverage up with anotherroughly $3 The idea is that when interest rates rise, Washington Federapl can make higher-rate mortgage And the hope is that the interestg income produced by these loanas will more than offset the higherd interest Washington Federal will have to pay for deposits.
Whitehead said, if interest rates don't rise, Washington Federal can buy back stock or increasw itsalready "generous" cash

Friday, September 21, 2012

New Resource Bank gets cease-and-desist order from regulators - Business Courier of Cincinnati:

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The $166 million San Francisco bank gota cease-and-desistt order from the and the Californiwa Department of Financial Institutions on May 29. The bank was ordereed to pay particular attention to its lending polices relating to construction loans as well as loan s made tobank insiders. The bank said the orded was based onthe bank’sw condition on Sept. 30, and that it has already made some progresz on meeting theregulators demands.
“Neqw Resource Bank currently has high levels of capitalpand liquidity,” Vincent Siciliano, presidentt and CEO, said in a “Like many financial institutions, we are facinfg a challenging economic climate that resultede in under-performing loans in the real estat e construction and development “We are working with borrowers to reduce our problem-loan exposure and have made significant progress,” Siciliano said. The bank raisede almost $15 million in a stock offering last As ofMarch 31, the bank said its risk-basee capital ratio was 18.97 percent -- almosg double the 10 percent benchmark of a bank considered well capitalized.
In additioh to bringing on Sicilianoas CEO, the bank also hirex Bill Peterson as chief creditr officer and Charmaine Detweiler as chief financial The bank’s board also recentlyy elected Mark Finser as chairman. He has 25 yearsz of experience insocial finance. New Resourcs Bank, now serving 2,000 opened in October 2006 to promote green businessexsand practices.