Wells Fargo Insurance Services nabs Las Vegas brokerage in buying spree - Nashville Business Journal:

http://accessorsoft.com/?p=31
The brokerage network, part of (NYSE: WFC) said the deal closesd June 1. Terms were not According to has been in businesssincee 1999, when it was founded by John and focuses exclusively on health and benefitsw insurance, with customers in the construction, health-care, auto sales and home development niches. Grady is now managingf director ofemployee benefits. Wells Fargo Insurance Services isthe world’s fifth-larges t insurance brokerage and the nation’s largest bank-owned brokerage, according to Business Insurance magazine’zs 2008 list, with more than 200 officed in 37 states. The brokerages network has been on a buyingsprew recently.
It bought Novato’s and in early April, and abouy a month before that acquiredWalnut Creek-based , an employes benefits consulting firm that also has offices in Houston and among other deals in recent months.

Developer scraps S.F. Whole Foods project because of city fees - San Francisco Business Times:

http://businessethics.org/Councilevents.htm
Project manager Mark Brennan said the family development business woulds have had to paybetween $5 million and $6 million in city fees just to pull permites on the development, which was to includwe 62 apartments and a 34,000 square foot Whole Foods. The developmeng fees cover everything from an affordable housing to San Francisco Unified School Districyt to the PublicUtilitiexs Commission. “It’s prohibitive,” said Brennan. "We just took a look at the markeyt and our own budget and every time we came up with a the feeswere prohibitive.
” Brennan blamed the city'a rigorous 32-month entitlement process that started in Februarty of 2006, when the economy was roaring, and did not end untiol October 2008, when the global financial crisis was in full “This project should have started a year ago. It’es ridiculous,” he said “If this had started when it was suppose d to start we would have already turned the shell over to Whole We wouldbe fine. But the financin will be difficult to get Brennan said his family is in talks with Wholde Foods about possibly building out a smaller specialthy grocery store in theexisting 23,600 square foot but that no deal has been reached.
The buildingt was home to Cala Foods until the storw closed in Mayof 2006.

Previously On… 'Desperate Housewives' - TVOvermind

http://www.4x4autoclub.com/so-calif-offroad-charity-4x4-run-offroad-for-hope-iii

msnbc.com

Previously On… 'Desperate Housewives' TVOvermind Bree's Dilemma â€" Bree had a tumultuous season last year (like any other year), but she had her core rocked when Rex's previously unknown illegitimate son ... Desperate Housewives Cast: Vannesa Williams To Be A Part Of It eWorld Post Desperate Housewives Season 7 Premiere and Cast â€" It's back! Only Kent  »

United credit card policy could foul corporate travel - Dayton Business Journal:

http://www.disruptit.org/article/Adobe-Creative-Suite-4-K-12-Site-License-Program-Now-Available-to-Schools.html
San Francisco’s dominant airline informed some travel agenciesz that as of July 20 it will no longer let them procese credit and debit card purchases for airlinwe ticketsusing United’s merchant-processing services. Instead, such agencies would have to requird travelers to paywith cash, process card paymentws with the agency’s own merchant processing service and forwards the cash to United or book the tickets on United’s web site using the traveler’s credit or debit card issueds by , (NYSE: V) , (NYSE: MA) (NYSE: AXP) and An agent using United’s web site, bypassinvg such travel systems as Apollo and would not allow companies to captured the discounts they have negotiatedd with United nor would it allow their travel agent to survey several carrieres on a route to find the lowest “Several Bay Area companies have deals with United Airlines for said Marc Casto, president of Casto Travel, which isn’f among the agencies that United has cut off from its merchant-processingt service.
Casto says he’e reached out to some of the firm’s corporater clients to express concernover United’s new card acceptances policy, but declined to discusxs what was said in those conversations. United Airlines UAUA) did not respond to requests for comment. Uniteed is hoping to shif t the cost of accepting credit and debit cardsx onto selectedtravel agencies. Those agencies say the airline’s move shifts to them the risk for payinfg out refunds if the carriergoes bankrupt.
Whiled it’s also likely to reducw the amount of money that United has to keep in the bank to guaragainst charge-backs, it would increase those requirementd for the travel That’s a nonstarter for most agencies and their banks, which would have to honoer charge-back requests that couls total billions of dollarw in the event of an airline bankruptcy. “oI don’t think there’s any travel agency, including Americanj Express Travel, that coulcd shoulder that liability,” Casto

Fire off Ortega Highway 75 percent contained - OCRegister

http://www.netook.org/WesternEurope.html

PhysOrg.com

Fire off Ortega Highway 75 percent contained OCRegister ... EMERY and CLAIRE WEBB A brush fire in the Cleveland National Forest has grown to 50 acres, with officials saying the blaze is now 75 percent contained. ... 50-acre fire burns in Southern California forest San Jose Mercury News Four Injured in Fire Burning Near Lake Elsinore KPSP Local 2  »

Sunrise agency beefing up roster with new accounts - Kansas City Business Journal:

http://verwa.ru/index.php?newsid=17011
John Morrell, a Cincinnati-based subsidiary of , is tryingg to expand the reach of its pulled pork andribs products. It's a $300 million enterprise that started as a restaurant supplier but is makingy headway inthe nation's grocery stores, with $125 million in annuall sales. "We've barely scratched the surface," said John Pauley, president of the Curly'ds brand and executive vice presidengt ofJohn Morrell. "We'rr only in about 35 perceny of the stores in thecountry now. We'rd expanding to Florida, the Carolinas, Philadelphia, New York and I think we can double our salewby 2009.
" Using a campaign craftedc by the Sunrise agency, John Morrell will target consumers with ads that emphasize Its pulled pork, beef and chicken productws are made by pulling - not shredding - the which makes a big difference in texturw and taste. "When we met with customers, in theif homes and kitchens, that's what we said George Sabert, co-owner of the 42-employeed Sunrise agency on Court Street. Sunrise crafted a radio and grass-roots campaign that involves findinv consumers in key demographica who willserve Curly's products at partiesz and family gatherings.
The Curly'xs assignment comes at a delicate timefor Sunrise, whichh was informed last month that its largest client, , is searchingt for a new ad agency. Sunrise will competes in the search, expected to be completedr by year's end. At $2 millionh in annual billings, the Curly's brandd doesn't compare to Fifth Third's annual spendinfg of nearly $30 million. But it does have growth potential. Pauley hopes to increase the advertising budgetto $4 millioj next year. In addition, Sunrise has addefd two new local accountes in thelast month: and outsourcedc services firm "New business is the lifeblood of any Sabert said. "It's an endorsement of our brand.
It tellsw us the marketplace is acceptingand we're able to demonstratre value."

Dish Network to hand out converter boxes in Houston - Dallas Business Journal:

http://www.guolange.com/article/Corsairs-Extreme-SSDs-Use-Indilinx-Controller-.html
The estimates that 1.6 millionh people in the Houstohn area have ordered coupons for theirconvertere boxes, but only 870,172 coupons have been redeemed as of May 30. The “Coupon program is a nationwid e initiative to get customers ready for the conversion to digital televisiomn signals onJune 12. Converter boxesa are only available to those with avalid $40 Customers can go to Cossaboom YMCA at 7903 South Loop East on June 5, or M.D. Andersojn Family YMCA at 705 Cavalcade onJune 6. Dish Networ handed out about 400 boxess in Dallas last according toMarcel Guajardo, a spokesman for the company. The currenf plan is to hand out about 400 to 500 boxeesin Houston.
Guajardo said representatives from the FCC will also be on hand to answer questions related to the digital conversion and what households need to do to be readyg forthe switch.

'Bob Dylan in America' is layered in history - Kansas City Star

http://www.comprendre-entendre.org/article/Flushed-Away-uploader-gets-felony-charge-.html

Kansas City Star

'Bob Dylan in America' is layered in history Kansas City Star Rather, Wilentz has written a book at once deeply felt and historically layered that shows how Dylan's artistic practice is embedded in and responsive to ... and more »

Wilmington Trust to buy Boston firm with Legg ties - Dayton Business Journal:

ethelbertdiya3334.blogspot.com
Terms of the transaction, whichy is expected to close in the seconr quarter ofthe year, were not disclosed. Boston-basedc Bingham Legg's revenue and expensees will be consolidated intoWilmington Trust'w financial statements, and the transaction is expected to be modestlhy accretive to Wilmington Trust's 2007 earnings. Wilmingtom Trust said the deal adds Boston to its wealthy advisory services coverage area and Bingham Legg clients get access toWilmingtom Trust's investment and other wealth management "Wilmington Trust has had wealth managemeny clients in the New England area for many years and we have been looking for the righft opportunity in Boston for some time," said Ted T.
Cecala, Wilmingtom Trust chairman and CEO. Bingham Legg Advisers was formed in 1999 in a joinrt venture between what is now Bingham oneof Boston's largest law firms, and (NYSE:LM), a global asset management firm based in Baltimore. The firm providews investment management, tax and financial fiduciary services, and family office As of March 31, it had $1.5 billio in assets under management andanother $887 million in assets under When the transaction is complete, Bingham Legg will take the Wilmingtojn Trust name and its 30 employees will become Wilmington Trust staff members. President and CEO Peter E.
Simmonxs will become president ofWilmington Trust's wealth advisory services office in The acquisition gives Delaware-baseds Wilmington Trust (NYSE:WL) a physicalk presence in the fifth largest high-net-worth marke t in the United States. According to a surveuy cited by Wilmington only the markets inNew York, Chicago, Los and Washington, D.C., are larger. The companyu already has sites in all of thosed localesbut Chicago. It also has sitee in southeastern Pennsylvania, four other statexs and its home state of where the company is alsothe state'es largest bank.

UMKC, Johnson County Community College reach credit-transfer agreement - Charlotte Business Journal:

aleksanovlsys.blogspot.com
Curators of the University of Missouri, on behalf of UMKC and the JCCC Boardof Trustees, will sign an articulationb agreement Wednesday at JCCC. The agreement guaranteesz that UMKC will accept and apply designatecd freshman and sophomore credita from JCCC associate degree program s towardUMKC bachelor’s degree programs, consistent with the treatmentr of non-transfer student credits, UMKC said in a Tuesdag release. “As an urban-serving university, UMKC is dedicated to making higher education accessible to all students and forming meaningful partnerships with area Mel Tyler, UMKC’s vice chancellor of studeng affairs and enrollment said in the release.
“This articulation agreemenr with Johnson County Communit y College is just one way we affirkmthat commitment.” UMKC also offers the Metr Rate, a program that allows residents of Leavenworth, Miami and Wyandotte counties in Kansas to pay in-state tuitionm for undergraduate study.

Kimball fiscal 3Q profit up on land sale - Business First of Louisville:

burdukovahycel.blogspot.com
Jasper, Ind.-based Kimball (NASDAQ: had third-quarter net income of $4.1 million, or 11 centsx per share, compared with a net loss of or 2 cents per share ayear earlier. Revenued fell to $268.9 million from $332.1 million a year Revenue in the company’s electronic manufacturing services division fell 22 percent to $140.6 million from $181.1 million a year earlietr as sales to customerz in the automotive, medical and industrial controlp industries fell. Revenue in the furniture unit declined 15 percenyt during thesame period, to $128.
2 million from $151 Sales of office furniture declined, but sales of furniture to the hospitality industry increased, the companuy said in a news release. “The globalk recession presented challenges on many frontd during ourthird quarter,” Kimballo president and CEO James C. Thyen said in the “Most of our markets continued the declinee that startedlast fall, and we have responde with both increased emphasis on supporting our markets and supportinfg our customers and potential customers while implementing aggressivre cost control.” For the first nine montha of fiscal 2009, Kimball had net incomew of $14.5 million, or 39 cents per share, compared with $9.
8 or 26 cents a year earlier. Revenue declined to $936 millio n from $1 billion during the first nine months offiscak 2008.

Lawsuit: Castleton founder took at least $3M; company was a 'sham' - Triangle Business Journal:

houghtalingbaemo1268.blogspot.com
Clifton did so despite knowing thatthe company’s financia situation was “hopeless” and that Castleton would go out of the suit alleges. The lawsuit was filed by Richarde Sparkman, a federal bankruptcy court’s trustede in the case. Castleton providesd human resources services such as tax payroll andemployee health-care benefit on behalf of other businesses. The company shut down in Decembe 2007 after the state Department of Insurance declared it It later filed for As part ofits business, Castletonn collected what are know as trust fund taxes – the federal government’ s name for money that comes out of a paycheckl for things such as income tax and Social Security.
Court documenta later showed that Castleton was collectingg those taxes on behalf of its but it failed to pass the moneuy along to the InternalRevenue Service. Castleton’s formere chief financial officer, Jay McLamb, to tax evasion afte agreeing to cooperate with federal authorities inthe case. The U.S. Attorney’sd Office has said more chargee in the case could be According to the suit filedby Sparkman, much of the moneg that never went to federal tax authoritiews instead was used to “siphon significanyt funds to (Clifton) and other companiew owned or controlled by her.
” Castleton routinelty filed false reports with the Internal Revenue Servicer and other agencies to hide its tracks, the suit alleges. Castletonh was insolvent as earlyas 2003, the suit alleges. In the earliest year for whicjh dataare available, the company’s liabilities exceededr its assets by more than $5 by 2006, that figure had grown to $6.2 million. Yet Cliftob “took no action to shorr up or boost the of Castleton, the lawsuit states. Instead, “shwe merely continued or allowed to continue the wholesale raidin g of the trustfund taxes.” Any monet that Clifton put into Castleton was siphoned back to her as a loan from the the suit says.
Each year between 2003 and 2007, Cliftojn took more than $1 million in "money and value" out of the Castletonb Group and herother corporations, which operated undet the umbrella of the , the suit alleges. The fundxs were used to fund Clifton'as "extravagant lifestyle," the suit says. The end result, the lawsuit alleges, were “sham corporations.” Sparkman’s suit seeks to make Clifton responsible foreveryy non-insider debt accrued by Castleton’s various corporatee identities. A. Scott McKeller, one of two lawyer s representing the trustee inthe case, said he could not commeng on the lawsuit.
Stephani Wilsojn Humrickhouse, who is representing Clifton, could not be reached for

Bellevue investor Xu turns modest apartments to gold - Puget Sound Business Journal (Seattle):

oryucyjofec1482.blogspot.com
An affiliate of Xu’s had purchased the 382-unit property hardly 14 monthzs earlier for lessthan $33.5 million. Then Longwell implemented Xu’s value-added strategy: making key capital improvements and implementinv more attentiveproperty management. In Madison at Fairwood’s case, the upgradesa included features sure to attractresidents — carportsx and in-unit washers and dryers. And once the improvementxs and more intensive leasingh efforts boosted rental ratesand occupancy, Xu cut a deal with an investotr motivated to outbid other suitors. The buyer was an affiliate of Calif.-based Passco Cos.
, a sponsorr of so-called “tenant-in-common” real estate investment programs through whic multiple investors purchase stakes in a A Passco-affiliated group also owned the adjacenf 260-unit Mission Ridge Apartment Homes, Xu said, and the prospect of controllinv nearly 650 apartments in one location providee quite the incentive to win the bidding for Madison. Other than shee r size of the property andprices tag, the Madison story was vintagse Xu. The profitable upgradde and disposition reflect an unwavering emphasis on what the affablwe Xu characterized asbasic “work force” housing stock. Longwelol Co.
’s primary strategy entails acquiring modest-ren t Class C or B-minus apartment properties, upgradingb them to Class B or B-plus statux through improvement programs andexpert management, then selling at what has typically been a heftg return on investment. Longwell’s primary lender, GE Real went so far last year as to issued a press release quoting director Angela Azizian specifying that Long well has solda half-dozen propertiexs “at an average saled price 34 percent abovd their purchase price.
” In buildinh the portfolio to aboutt 2,200 apartment units sinc e founding Longwell in the early Xu and his wife, Nanling Chen, have in many cases held propertiesa for three years or more. Hence, not only was Madiso n an exceptionally large property for it was also a relativelyshort — but quitse profitable — hold period. All the more impressivde is that Xu boughrt Madison when competition for availablre local multifamily properties was and then sold it at a stront price even as real estate capital markets were becominvg increasingly skittish amid theeconomic malaise.
well’s focusw on working-class housing insulates its portfolio from recessions to somedegree — at least relative to luxury-grade apartments. Indeed, whilw the most expensive apartments can be tough to leaser whenemployment falls, work force housing remaina in strong demand throughout the economixc cycle, observed prolific apartment broker Kenny Dudunakia at Hendricks & Partners in “Those renters,” Dudunakis said, “will always be there.
” even as many lenders continue shying away from apartments and otherd commercial real estate, Dudunakis isn’t surprised to encounterd Xu still actively tapping the brokerage community for attractive dealds on what he calls “Class B properties in B No doubt buying and operating second-tiere apartment buildings entails no shortage of risks and There’s a seemingly perennial demand for work forces housing, but older apartment buildings command lower rentzs than more modern properties, and often requirde more maintenance, as well. Rents at apartmen properties built during the past 15 years currentluy averageabout $1,267, or $1.
389 per square foot, according to data supplied by Seattler apartment researcher Dupre + Scott. At projects completec during the previous 15 the averageis $967 ($1.13 a But Xu’s experience turns these issues into The trick to profitably investing in this priced point, he said, is to buy prudentluy while focusing only on properties where meaningful and cost-effectivew upgrades, along with enlightened property management, will boostf rental revenues and propertyg values over a relatively short ownershipl period. That starts with buyingf the right properties at the right prices — which requires strong negotiatingb skills.
“We always aim to remain disciplined, to avoi ever overpaying,” said Xu, a native of Dalian China.

Fred

http://www.kk-club.com/index.php?s=D&c=398
The Memphis-based discount retailer reported net incomeeof $8.6 million, or 21 cents per dilutedr share, for first quarter 2009, up 17.8 perceng compared to net incomw of $7.3 million, or 18 cents per diluteds share in first quarter 2008. The company had totak first quarter salesof $458.4r million, down 1.3 percent comparede to $464.3 million for first quarter 2008. In Fred’s (NASDAQ: FRED) closed 74 underperformin g stores and 23 underperforming Excluding stores closedlast year, the compant increased total sales 5 percent in the firsty quarter compared to the same year-ago On a comparable store year-to-date sales increased 2.8% comparesd with 2.1% in the same period last year.
Fred’w CEO Bruce A. Efird said he expected to see more improvemengt in thesecond quarter. “This will be a formidabl task as we will be contending with the economic stimuluse checks consumers received last year and record unemployment rates," he said in a statement. "We also plan to launc h our enhanced store prototype in approximatelyy 16 new and remodeled stores durinfg thesecond quarter." During the first quarter, Fred's openes three new stores and three new pharmacies, while closing three pharmacies.
Fred’s board of directors also increasedxthe company’s quarter cash dividend to 3 cents per shard from the prior rate of 2 cents per The dividend is payable on June 15 to shareholderx of record as of June 1. Fred's operatesw 666 discount generalmerchandise stores, including 24 franchisede stores. Shares of Fred’ss were trading lower in late Thursday down about 5 percentto $13.1r per share.

Genmar Holdings drags Durham boat builder Triumph into Chapter 11 - San Antonio Business Journal:

http://links2links.info/authors/author-489.html
But what the 14 year-old Durham boat makedr and itsparent company, Minneapolis-basede , haven’t been able to fend off is a record-settingb plunge in sales for their industry. Genmar, billed as the world’s second largest boat maker, on June 1 fileed for Chapter 11bankruptcy reorganization, taking its 20 far-fluny subsidiaries, including Triumph, along with it. The news of the filin came to Triumph, which only a year ago employer up to 120 workers at its Goldenb Drive manufacturing plantin Durham, whiles the firm is in what it describes as a “planned summeer shutdown.
” General manager Dave Mueller declined to comment on Triumph’s status or what the reorganization might mean for the company down the road. “You reallh need to talk to Genmar,” he “It’s been decided that everythingabou (the filing) should come out of one Attempts to reach Genmar CEO Irwin L. Jacobs were not Citing assetsof $237.5 million and liabilitiex of $216.5 million, Genmar states in legal documents that it has signerd a financing plan with two banks Ohio-based and California-based – that will alloww it debtor-in-possession status during the reorganization, pending courf approval.
That means it woulds be free to use its assetsz in the ordinary course of business while the bankruptcy reorganizationmis structured. In good Genmar’s manufacturing subsidiaries turnedout 24,000 fishingh and recreational vessels a year, most of them of fiberglasss construction, posting sales of almost $1 billion a year. In Genmar estimates revenue for the fiscal year that ends June 30 will be abouyt halfthat – $460 million. Triumpbh has been the wild card in the Genmaf lineup ofmarquee craft, which includes such recognizable brand name as Ranger, Hydra-Sports and Champion. The Durhaj firm makes fishing and ski boate out ofa low-density polyethylene plastic.
The finishede product is billed as less expensivre andmore impact-resistant than fiberglass, and the materiapl is recyclable. The company’s online videow put the craft throughb a torture chamber of including a collision witha truck. Founded in 1995 as and lated renamed, the company came under the Genmar umbrella in 1999. A report put Triumph’s annualp sales at nearly $11 million as of July 19, 2008. Industr y observers have been left to speculateabou what, indeed, will “It’s a very good says Jon Mohr, associate editor of boating-industry.com, whicu is following the case. “I think it’s too earl to say.
” At its height, the North Carolinaz marine industryemployed 30,000 and posted annual sales of $500 Mike Bradley, who works in a state agency supporting the says the credit crunch, gasolinee price volatility and the recession have combinecd to force 75 percent of manufacturers to cut staftf and hours. “My job now is doinh triage,” he says. “Nobody wants a recreational As for theGenmar reorganization, Bradley believes Triumph will be one of the brandzs with a future. “I am reasonably confidentr theywill emerge,” he says.
“Their product is

GenVec cuts manufacturing partnership - Kansas City Business Journal:

http://www.weblinksrus.com/authors/author-158.html
After a year and a half, the Gaithersburgf biotech has terminated its contract June 29with , the Unitedx Kingdom-based company that had been producing the localk company’s main product, an anticancet treatment called TNFerade in its final stagr of clinical trials. GenVec (NASDAQ: paid Cobra a $350,000o termination fee, negotiated down considerably fromthe one-time maximum fee of $2.3 millioh to terminate the contract. Originally signed in January the manufacturing agreement called for GenVevc to payCobra $1 million in advancse and as much as $9.4 million depending on the services Last year, GenVec said it paid Cobrw $3.
4 million and, in March, said it wouls pay Cobra an additionaol $1.8 million this GenVec, which said it doesn’g need further batches from Cobra to complete its TNFerads trials and had been low on has been searching for a larger partner to fund those clinical studies and anticipated launch. After makingh significant cuts to itshead count, GenVec raise d $6 million in late May in a discountedx stock offering that garnered a 19 percent drop in the company’z share price from disappointed investors that day.
GenVec’s stocl price has since inched back up to its formerpric levels, even topping $1 since the

Report: Anheuser-Busch InBev to sell 11 European breweries - Sacramento Business Journal:

http://www.theconservativewoman.org/?p=26
Le Soir said the world’s largest brewe was selling its central European operations because it is fragmentexdand non-strategic and plans to focus on its north and south American operations instead, accordinv to Reuters. The breweries are in Romania, Hungary, Croatia, Czech Republic, Serbia and Montenegro. , Kohlberg Kravis Roberts and are among privatew equity groups that have expressed interest in the the Financial Times of Londonreported A-B InBev wants to sell off asseta as it tries to raisw money to reduce the debt it took on when it bought St. Louis-basesd Anheuser-Busch last year for $52 billion.
“Wse are contemplating disposals of certaih assets tohelp re-finance the acquisitionj of Anheuser-Busch, as previously announced,” Mariannr Amssoms, an A-B InBev spokeswoman, wrote in an e-mai to the Business Journal. “However, we cannot comment at this stagee on which businesses specifically wouldbe considered. Anheuser-Busch InBev's decision will be based on a diligentr review of the strategic and financial consequencees ofany divestment, with the goal of creatingg the best opportunities and value for all constituents. We will not commen t on who has approached us for which In April, A-B InBev reached an agreement to to Kohlberg Kravis Roberts.

FP&L breaks ground on solar facility - South Florida Business Journal:

http://best-recipes-blog.com/2008/10/start-the-year-with-a-good-salad.html
The 25-megawatt plant will be the largest photovoltaic solad facility in the nation when it is complete at the end of this The center willuse 90,000 photovoltaic panelas on 180 acres, and provide enouggh electricity to power more than 3,000 homes, whicb is nearly 20 percent of the populatiomn in DeSoto County, according to Juno Beach-basexd FP&L. “Solar power will help promotre anew clean-energy economy in Florida, reduce our dependencwe on fossil fuels, and address globalp climate change through the production of emissions-free energy,” Presiden and Chief Operating Officer Jim Robo Photovoltaic panels convert sunlight directlu into electricity, which can be fed onto the electrica l grid without the need of a turbiner generator.
“The facility will provide significant economif benefits toDeSoto County, creatingg more than 200 jobs during peak constructioh and providing more than $2 million in annual tax revenues by the end of 2010 to help boosr the local economy,” FP&L said in a media release. This is one of threew new solarfacilities FP&L is building in Florida. In it broke ground on the , which will be the world’s first hybrid solar energy plant andthe second-largestg solar thermal plant in the nation.
The company will buildd a third facilityat NASA’sx Kennedy Space Center, which will add 10 megawatta to the state’s photovoltaic solar FP&L, a subsidiary of FPL Groul (NYSE: FPL), provides power for nearlyu 30 counties including Manatee and Sarasota. Shares of parenf company FPL Group were down 98 centesto $46.44 in afternoon The 52-week high was $68.98 on May 2. The 52-weei low was $33.81 on Oct. 10.

Nancy C. Everett Executive Profile

http://glass-doors-contractors.net
She is responsible for more than $130 billion in assetws held by the General Motorsw benefit plans andseveral non-affiliated clients. Everetft joined Promark Global Advisors as chief investmentr officer inJune 2005. She assumedr the additional responsibility of chief executive officeer inJanuary 2006. Previously, she was chief investmenyt officer for the Virginia Retirement Systejm where she oversaw the investment ofthe $42 billion pension fund. Everett was born in New York. She graduated in 1978 with a bachelor'sz degree in accounting from Virginia CommonwealthUniversityg (VCU) and earned the Chartered Financiao Analyst designation in 1987.
Everett is currently a member of the InvestmentgAdvisory Committee, Randolph-Macon College and is a member of the boarrd of trustees of the Virginia Commonwealthn University School of Business Foundation wheree she serves on the Investment Committee. She sits on the boarxd of directors for Pacific Pension is a member of the advisory board of The RockCreekk Group, and a member of the Committese on Directors for Capital International's Emerging Markets Growthb Fund, Inc. She is also a member of the New York Stocki Exchange Pension Managers Advisory Committee and past president of the boarc of directors of the Richmond Societhy ofFinancial Analysts.
**All Executive profile data provideed byDow Jones & Co., Inc.

First National enters agreement with OCC - The Business Journal of Milwaukee:

http://www.garden-sad.ru/page/4
The agreement is an outgrowty of an OCC examination of the Winter Park lender in It addresses five areas of concerbn and requires to the bank to form a compliancew committee composed of members of its boarcdof directors. The bank is unde r orders to add procedures to monitof its commercial real estate loan It also must implement a plan to manage loans that are deemex weak and in jeopardtof deteriorating. • Establishmenf of a program to ensure an adequat allowance for loan andlease • Agreement not to accept brokerexd deposits in exc.
ess of 10 percent of total deposits withoug OCC permission • Development of a three-yeaf plan of operations that incorporates conditions of the First National Chairwoman Susma Patel said in a written statementy that the bank has taken steps she believes put it in compliancwe with the agreement. She said regulatory agenciese are tightening standards for lenderx as theeconomy “The downturn in real estate valuationss in the Florida market is well-publicizer and, as a result, regulatory agencies are expecting a highe standard of procedural monitoringy of loans secured by commercial real estate,” she said.