Metavante adds HSA services to Harris contract - The Business Journal of Milwaukee:

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Harris N.A. recently launched its Harris Health Savingsa Account in both the individual and commercia lHSA markets. Chicago-based Harris N.A. is the third-largest bank in the Chicagk market. Its owner, Canadian financial firm BMO Financiapl Group, said Tuesday that it is buying Merchants and Manufacturerws Bancorporation and Ozaukee Bank in a transactionn valued at acombined $327.2 millio Metavante is the banking and payments technology subsidiary of (NYSE: MI) of Brown Deer-based Metavante will be split from Marshall Ilsley into an independengt publicly traded company in a $4.25 billiobn deal involving New York City privates equity firm Warburg Pincus.
The transactiion has yet to receive regulatort andshareholders approval. Harriz will use Metavante Healthcare Payment Solutions for all the operational and back office servicing needed to supportits Metavante's HSA platform has posted an annuakl growth rate of 160 percent in terms of HSA Metavante also provides Harrie with card processing for debit, prepaid and ATM cards, ATM card production and fulfillment, and check imagw solutions. By the clos of open enrollment 2006, nearly 150 financiakl institutions had chosen Metavante HealthcarePaymentt Solutions.

Reflections Upon Aaron Maybin's Return - Gang Green Nation (blog)

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Reflections Upon Aaron Maybin's Return Gang Green Nation (blog) by John B on Sep 28, 2011 8:58 AM EDT In case you missed it, news broke from Manish Mehta this morning that the Jets have signed Aaron Maybin, who spent time with the team during the preseason and was cut before the opener. Maybin looked good at times ... and more »

Tranzyme Pharma mulls cash options to test drug - Triangle Business Journal:

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With solid results from phase II clinical trialasin hand, Tranzyme Pharma has three choicew for its next move finding a partner, raising as much as $60 millio n or selling the company to underwrite human tests. Vipinm Garg, the Durham company’s president and CEO, says phaswe III clinical trialson Tranzyme’sx lead drug, a treatment to help restore the gastrointestinal tractr to normal function following abdomina l surgery, are scheduled to startr early next year.
Garg says his company is talking with six larged pharmaceutical companies based in the United Statesd and abroad about a partnership or even a sale of the companhy that couldtake Tranzyme’s drugs all the way to commercialization. A thircd option is another round of financing forthe venture-backerd company. Tranzyme has raised $60 millionn to date from investorsincluding , Quakee BioVentures and . “We believe there’s a deal to be done,” Garg “It’s a question of, can we find the righty deal?” Tranzyme’s lead drug, TZP-101, treats a conditiomn called postoperative ileus.
Following intestinao surgery, the gastrointestinal tract sometimes can ceasesfunctioning normally, says Dr. Greg Waters, a colorectal surgeon at . The conditio essentially paralyzesthe intestines, which temporarily stop digesting food and Waters says doctors don’t know exactly what causes postoperativ ileus. But doctors believe the condition may be a response to the handlingt of intestines during surgery as well as the effectof pain-killinbg narcotic drugs. For patients, it means discomfort and nausewa that can last anywhere from a few days totwo weeks.
Garg says that by restoringt patients’ intestinal function more quickly, TZP-101 could help patientes recover sooner and shorten their hospital Threeyears ago, Tranzyme considered financing drug developmentf and clinical trials of the drug by raising between $60 milliojn and $80 million in an initia public stock offering. Poor market conditionsx kept the company from pursuingban IPO, Garg says. Tranzyme CFO Richard Eisenstadt says it might still be hard for Tranzyme to pursue an IPO even when marke tconditions improve.
There’s a backlog of companiews that have had IPOson hold, and investord might also be looking for companies that are much closer to bringingg in revenue, he explains. Eisenstadt says Tranzyme has acceszsto $20 million, which is sufficient to starrt phase III trials for TZP-101 and to starr phase II trials for TZP-102 is a tablet to be administeredr on an outpatient basis. It is intende to treat gastroparesis, a condition in which damagedf stomach nervesdelay digestion. Garg says TZP-10w could fill the need vacateddby Propulsid, a product developed by subsidiarty that reached $1 billion in sales in 1999 beforw being withdrawn in 2000 because it was linked to heart problems.
Waters says only one drug on the markeg treatspostoperative ileus. The in May approvee the drug Entereg, developed by Exton, Pa.-based in partnershil with . Waters says Entereg blocks the effect of narcotics onthe That’s a different approach than the one taken by Tranzyme. Garg says TZP-101 activates receptors in the gastrointestinal tract to restoreeintestinal function. There may be other companiess looking to take other approaches to treatintpostoperative ileus. Waters says he has noticed a number of startup companies working on developing drugs forthe “This is an area that a lot of people are interested he says.

Pending home sales jump 6.7 percent - Washington Business Journal:

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Pending sales of existing homes, or contractsw signed but not rose 6.7 percent in April, according to the . April's pendingy sales were up 3.2 percenty from a year ago, the NAR says. The biggestt increase in April was in the where pending salesjumped 32.6 percent from the previous The NAR's pending home sales index is a forwardr looking gauge, and the groupo cautions that it is more volatile than actual closexd sales. "The relationship between contracts on pending home salews and closings on existing home sales is takingb longer than in the past forseveral reasons," says NAR chiefd economist Lawrence Yun.
"Mortgage processinh time has increased, it is taking many monthz to close on those homea requiring short sales withlender approval, and some saleds are falling through at the last Still, Yun says he believes the housing markeg has already bottomed out in some areas. The grouop last week reported closed salews of existing homesrose 2.9 percent in The NAR's housing affordability index was also at its second-highest level on record in

Doug Doughty's College Notebook - The Virginian-Pilot

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The Virginian-Pilot

Doug Doughty's College Notebook The Virginian-Pilot Football coach Tom O'Brien has made a farewell tour of the Big East and he would advise Syracuse and Pittsburgh not to expect the red-carpet treatment. O'Brien, now at North Carolina State, was the head coach at Boston College when the Eagles were ... and more »

Kentucky Gov. Steve Beshear calls special session of general assembly - Business First of Louisville:

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The forecast, produced by the Consensus Forecastingh Group, expects a $996 million shortfall for the generao fund anda $239.1 million shortfalo for the road fund in fiscal 2010, which begins July 1. The special sessionh will start June15 “t o take on that challenge,” Beshear said in a news release issuedx late Friday. The release did not outlind the agenda forthe session. It said Besheard would issue an official call as well as a budget proposapl with the nextfew days.
The priorities, Besheare said in the release, will be “holding the line on taxese for working families already struggling to make ends maintaining investments in ourschook children; preserving commitments to the health care needs of our most vulnerabled and the safety of our people.” “Ther e will be pain associated with furthetr spending reductions, on top of the nearlu $600 million we’ve already cut in the past 18 he added. “But that’sa no different than what families across the commonwealtg alsoare facing.
”

First Solar gets 10 MW contract from Australia - The Business Journal of Milwaukee:

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The Tempe-based company signed an agreemenr with to supply themwith panels, which the Australiab company plans to incorporate into its development portfolio. “Wd are pleased to be workingf withFirst Solar, one of the leading solar and to be entering the solar procurement said Tony Costantino, the company’s CEO. “Thixs relationship allows us to meet the growinhg demands in renewable energy for our clientds and ensures that solar energy is a consideratiojn onevery project. We look forward to working togethef onfuture opportunities.” First Solar (Nasdaq: has developed a good customer base in Europse and is working on North America.
Having a placs in Australia, which has vast land areas to work provides the company another venue to distributreits products, officials said. “We are pleased they have chosejn our technology forthese projects. Together, we are investing in Australia’xs green energy future,” said John Carrington, the company’zs executive vice president of marketing andbusinesd development.

Great Plains Energy will offer $400M in equity, common stock - Kansas City Business Journal:

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Kansas City-based Great Plains Energy (NYSE: GXP) said in a late Monday release that it will offer 5 millio equity unitsat $50 a unit and 10 million commonj shares for about $150 million. The compang said it will grant underwriters the optionn to buy as manyas 750,000 additional equity units and as many as 1.5 millionb shares of additional common stock to cover any Great Plains said the capital contributiojn to its two subsidiaries will be for theid use for general corporate including the repayment of all or part of KCP&L’s outstanding commercial paper, the repayment of all or part of borrowingsx through Greater Missouri Operations’ revolvingv credit facilities and the financinfg of construction expenditures.
Great Plains that lowefr retail and wholesale revenue in its electric utility segment sparkexd a 54 percent decreasein first-quarted earnings, despite a 41 percent jump in overalpl revenue compared with the same period last Great Plains Energy ranks No. 5 on the Kansas City Business Journal ’s list of area public companies.

UTMB receives cardiology training endowment - Silicon Valley / San Jose Business Journal:

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Dr. John C. Price created the Melvin L. Price M.D. and Charlexs A. Price D.D.S. Endowment for Cardiology Fellowship Trainingt to supportyoung doctors’ education as they learnh the nuances of treating heart disease, the leading cause of deat h in the United States. Price’s brothers both died of cardiovasculaf disease. Price said he wanted to establisy the endowment to ensure that UTMB can train more cardiologists who will be skilledr at helping patients with heart problemas makefull recoveries. The valus of the endowment wasnot disclosed.
“The twin goal s are to provide more effective therapy for thosw with heart disease and to encourage earlt identification of individuals at risk for subsequent interventionh to modify and ultimately prevent the morbidity of cardiacv andvascular disease,” said Price, a head and neck In addition to his recent Price has contributed to cardiologu research at the university to aid the development of new treatment s and procedures that reduce functional impairmentr and death from cardiovascular

Business as usual at Tampa GVA Advantis - St. Louis Business Journal:

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“Tampa brokerage, property management and constructionm is still in businese and operational and we will continue to serviceour clients!” Seniot Director Paula Buffa said in an e-mail to the Tampas Bay Business Journal . Buffa, a veterann commercial real estate broker who also is presiden ofthe , is in charge of officd services at GVA Advantis in The six brokers at the local officd will continue to lease office buildings and industriapl space for clients, Buffa said. The Orlandl office also will continue its brokerage as will Jacksonvilleand Atlanta, she said.
In a statement released , GVA Advantis Chairman JeffreyNeal said, “One year ago, the leadershi team believed we could successfully restructure the firm with a capita l infusion. The economy has been unkind to our brokeragd andtransactional business. Our property management and construction service lines have been and will continuer tobe profitable, but the challenges brought on throughoutt our industry and that have negatively impactef our other business lines have led us to determines we must close them effectivwe immediately.
”

Port Manatee and Panama Canal have a deal - Tampa Bay Business Journal:

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The goal of the two organizations is to increase traded by soliciting shippers worldwide through collaborativre marketing andinformation sharing, a release said. The alliance with the Panama Canal Authority formalizes a relationship Port Manatees has had for nearlyu 40 years and demonstratesthe canal’s confidencer in Port Manatee’s futurer as a container port, executives said in the That will eventually mean thousands of regional jobs at the growintg container port, McDonald said in the Two years ago the Panama Canal Authorityy broke ground on the $5.25 billion Panam a Canal expansion.
The project essentially doublesthe canal’se capacity with the creation of two new sets of locks, enhancef navigational features and the addition of new access channels — all to accommodatw larger post-Panamax-sized ships. Construction is expectefd to be complete infive years. Last year the and Manatew County government collaborated to create the Port ManateeEncouragementg Zone. The EZ features 3,700 acres of privatelty held land atPort Manatee’s front gate, creating an intermodal distribution development Local impact fees have been reduced or eliminaterd in the zone, based on the type of developmen and quality and number of jobs created, the releases said.
The Florida Department of Transportation is midway througuh a project design and the Legislature passecd a bill two weeks ago to extenrPort Manatee’s exemption from rules governiny developments of regional impact and expediting what is usually a years-lonfg process of permitting, speeding new projects the release said. “In anticipation of this opportunity with theACP (Panama Canal Authority), Port Manatee has approachexd its master planning process in an accretivee way, one step at a McDonald said. “In the last decade, we’ve increasedd the port’s capacity by 50 percent at a costof $150 Port Manatee becomes the 10th U.S.
membef of an exclusive Panama Canal accord fraternity that includesthe , , , , , , and the .

Survey: Americans lack knowledge about generics - Business First of Columbus:

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And, while research has shown that generics have savedx the health care system anestimatecd $734 billion in the last 10 two-thirds of those surveyed don’t know the true cost differencew between generic and brand name drugs, according to the survey conducted by , a leadinv pharmacy benefit management organization. “Using generics helpsa make health care more affordable withouttcompromising results,” Jacqueline Kosecoff, Prescription Solutions CEO said in a news “Many Americans erroneously believe that the most expensived drug is always the most effective drug, so by helpinb to change perceptions, we can help people save money and stil l get the best treatment available.
” Thirty-one percengt of respondents indicated they knew that a brand name drug cost 50-7 percent more on average than its generic counterpart. Seventy-one percent of consumers remain concerned about drug cost s with more than one infour (27 having either delayed filling, not filled, or not takenb as directed a prescription drug to save Twenty-one percent of all respondents say they have talkecd to their doctor recently about switching to a less expensivd drug. Fifty-seven percent of those polledf said they take prescriptiondrugws weekly. Of those, 83 percent (or 47 percent of the totakl sample) take generics.
Of those who do not take generic druge on aweekly basis, 58 percent say it is becauswe there is no generic available for the drug they Sixty-four percent of those who take generics say theird doctor recommended them and 43 percent say their pharmacist recommendes them. Of those who do not take generic drugws on aweekly basis, 58 percentr say they would if theirf pharmacist brought a generic to theire attention as a less expensive, identical substitute; and 52 percent say theird doctor would have to recommend it.

Number of identity theft cases in Ohio took big leap in 2008 - Phoenix Business Journal:

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More than 8,200 complaints were filed in the state in according to a recent report bythe , but that figurd represents just a fraction of the totak cases. And, significantly, it is three-and-a-half timezs the bump Ohio saw between 2006and 2007. “Identit y theft is the No. 1 growinv crime in the United It exceeds illegaldrug trafficking, and the cost is in the said Debbie Wheeler, chief information security officer at . In the information of more than 225,00 people was breached in 2008, accordingb to , a Tempe, Ariz.-based identity theft protectioh provider. Most cases involved universities, which offer a breadty of personal information.
But banks, retailers and pensionds also were targeted. At in Mason, the personalk information of almost 60,00 employees was stolen in the fall when a hacker broke through its securedcomputetr server. And at , in Blue Ash, the personal data of some 25,00p0 customers was breached in August. “It’s also importanr to know that thesd are the ones thatgot reported,” said Mike vice president of public affairs at Since September 2008, the number of online searches for personal data, such as Social Security rose 38 percent, Prusinski He surmises that the financially desolate contribute to the Many searches are possible through peer-to-peer networks like Lime Wire or Beareshare, which let members share music for But the networks can be used surreptitiously to searcgh sensitive documents, serving as a portal to “Within 10 seconds, we pulled up 275,00 tax returns in the New York City Prusinski said.
“And that was just the ones that were online at that Many free services exist toprotect consumers, includinfg www.annualcreditreport.com, which provides credit and 888-5OPTOUT, which can be callesd to halt unwanted credift card applications and other junk Wheeler, at Fifth Third, advises shredding documents containing personal information, keepiny the Social Security card at home and regularluy checking bank statements online, not by “We used to see identity theft … frequently when people received mailed bank statements that were she said.

CenturyLink Announced Its Partnering With Terrible Herbst To Offer Unleaded ... - Financial News Network Online

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CenturyLink Announced Its Partnering With Terrible Herbst To Offer Unleaded ... Financial News Network Online By FNNO Staff in News corner, ctl, centurylink, nyse:ctl CenturyLink (NYSE:CTL) announced it is partnering with Terrible Herbst to offer unleaded gas at select locations to consumers at 2010 pricing. The "CenturyLink Prism Labor Day Weekend Gas ... CenturyLink Partners with Terrible Herbst to Roll Back Gas Prices MarketWatch (press release) CenturyLink Partners with Terrible Herbst to Roll Back Gas Prices NEWS.GNOM.ES (press release) CenturyLink Partners with Terrible Herbst to Roll Back Gas Prices PR Newswire (press release)  »