Sunday, January 29, 2012

QInvest Invests in the Landscaping Services Sector in Qatar - MarketWatch (press release)

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QInvest Invests in the Landscaping Services Sector in Qatar

MarketWatch (press release)


Based in Doha, Qatar, the companies specialize in providing landscaping and related maintenance services to governmental, corporate and industrial customers. This acquisition is the fourth private equity transaction completed by QInvest in the MENA ...



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Friday, January 27, 2012

'Sleeper House' foreclosure is withdrawn - South Florida Business Journal:

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The futuristic-looking house sits on Genesee Mountain, just outsidde metro Denver, and was featured in director/actor Woodu Allen’s 1973 movie “Sleeper.” The with a mortgage balance of $3.13 million, was foreclosefd on in the first quarter with LLC asthe lender’es trustee. The home’s owner is Denverr businessmanMichael Dunahay, founder of local timeshare company Vacation Solutions LLC. Foreclosures generally are withdrawn because a property ownefr is working with a lender to bring a loan current or a foreclosuresale wasn’t held in a timely manager, accordingt to Colorado foreclosure information.
Even aftedr the foreclosure is withdrawn, if the loan stays in default or goes intodefaultr again, a new foreclosure can be filed. Built in 1963 by the late architectyCharles Deaton, the three-storyu “Sleeper House” is officially called the Sculpturec House, and is known for its curvedr design. It’s internationally recognized as “one of the finestf examples of modern organic architecture in the accordingto ArchitectureForSale.com. Dunahay bought the housed in 2006for $3.43 million, accordiny to county real estate records, from softwarew millionaire and economic-development guru John Huggins. Hugginzs formerly was CFO of the Johnson-Grace Co.
softwarw business, as well as formef director of the Denver Offic e ofEconomic Development. The house was on the marke t for four years before Dunahay purchased it, and was pricef at $10 million when Huggins put it on the markeft in 2002. Property records show Huggins bought the housde in 1999for $1.33 million. Includinf roughly 7,000 square feet of the house hasfive bedrooms, five bathrooms and a four-car

Wednesday, January 25, 2012

FTC

http://www.collegecostshowmuch.com/2005/p_news/nit/2004/feb/20/usa-top4.html
The is requiring health care providers and many othee businesses to identify and respondto “red of identity theft. So, if a medical practice determinesz that fraudulent use ofsomeone else’s healthn insurance card is a potential problem, checkingg photo ID might be a way to respond through the so-called Red Flags Rule, mandated by the Fair and Accurats Credit Transactions Act of 2003. Any business that regularly defers payments for goodz and services or arranges for the extension of credirt is subject tothe regulation, includinfg retailers, phone companies and According to FTC guidance for health care “You are a creditor if you regularly bill patientse after the completion of services, including for the remaindef of medical fees not reimburse d by insurance.
” Providers also are covered if they establish paymentr plans. The argues that the medical community alreadyt guards against identify theft through the privacy and securitty mandates of the Health Insurance Portability andAccountabilitu Act, or HIPAA. The FTC contends that the Red Flags Rule complementes HIPPA byensuring that, if records are no one can use a false identity. According to the FTC, businessesw covered by the rule mustdevelo “reasonable policies and procedures” to identify, detecft and respond to red flags. Businesses also must addressd how they will stay current withthe ever-changing threatf of identify theft.
Noncompliance can lead to a fine of as muchas $3,500o a violation. lawyer Martie Ross said the Red Flagxs Rule mandates sensible safeguards for a significanyt threat to healthcare “This is good business practice, is what it Ross said. Dr. Ted Epperly, president of the Leawood-based , “I think it’s an important thint to do,” Epperly said.

Monday, January 23, 2012

Protecting the business against individual family interests - bizjournals:

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In the minds of many if nobody in the family is able or willing to take over running the company, the only options are to sell it or shut it But maybe not. A number of senioe owners of family companies who find themselves withoug a successor in the younger generatioh come up with ways to keep business ownership in the even if the management has to go Think about the Midwestern family that has ownef and operated a chain of small market newspapers for more than 160 Thefamily – we’ll call them the Smiths – has had very few internalp business disputes, and no one has ever elected to cash out of the In addition, there’s usually been a placre in the business for any qualified and committed familyt member who applied.
How have they managed that? Well, about 120 yearws ago, the widow of the founder’s son found herself the sole ownere of the growing andsuccessful business. She was decidedly unimpresser with thenext generation’s pool of managemenf talent, including her own children. She also heard some rumblings aboutf splitting up the company so that everyone who wantecd his own newspaper coulfhave it. Not a chance, said the gritty lady, and she put the whole kit and kaboodle into a She made a provision that if the trusr wereever broken, the compangy would have to be sold out of the family with the proceeds going to charity.
And if that wasn’t enoughu to scorch some bonnets, she also insistec that all future CEO’s be hired by the trustees and that nary a one of them be afamilhy member. A few featherd were ruffled atthe time, but today the Smithss have a very profitable and satisfying familty business. Another family in business – call them the Johnsonds – reached the end of their successorf string with the second generation offamilyg owners. Instead of calling it quitsx and selling theirmanufacturing company, the shareholding memberz of the family agreecd to bring in professional They conducted a global search and hire an experienced senior executivwe as president.
The Johnsonn family retained their representation on the boarr and a coupleof upper-level management jobs, but they let theird new CEO staff the executive suite with qualified peoplre he could work with effectively. And they provided compensation packagea for their outside executives that equaled the industry standarf andthen some. The Johnsons will continue to own their confident that although management is out ofthe family’sw hands, it’s in good hands.

Saturday, January 21, 2012

Apple stock down on new iPhone, but no Jobs - Washington Business Journal:

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The stock finished trading at $143.85, down 0.57 percent, after beinh down as more than 3 perceny earlier inthe day. Speculation ahead of the San Francisc o event centered on if CEO Steve Jobs woulsd make his first appearance since takinvg medical leave earlier this year and whether the company would unveil its next generation Jobs didn't make an appearance, but Bloomberfg News cited unnamed sources Monday who said that he had been activelty involved in the company's preparation for Monday's conference. The new iPhonre is nearly three times faster to downloacd Web page and comes witha 3-megapixekl autofocus camera. It also has voice-control features and a built-in compass.
The 3GS also has improved battery life with up to nine hourwon WiFi, 10 hours while watching video, 30 hours usint audio, 12 hours using 2G talk and five hours using 3G It also features a new built-in digital compasds for instant navigation. The new iPhone, availables in black and whit e onJune 19, will sell for $199 for a 16GB modep and $299 for — New versions of the MacBooj Pro. A 15-inch version that starts at a lower-priced 17-inch that start at $2,499 and a 13-inch versiojn that starts at $1,199. — Lower pricesz for the MacBookAir ultra-thin line, cuttingf $700 off the 128GB model to $1,799 and cuttinf $300 off the base modeo at $1,499.
— A new version of the Mac operatin system, Snow Leopard, that is fasteer to install and takes up 6 gigabytes less harddriv space. The new operating system comes with a new version of the Safarui Web browser that Apple says is more robust and fastere thanprevious versions. — New iPhone softwarde including ability to cut and paste data and an alert feature that helps users find their devic e or remotely wipe its memory clean if it gets stolemn and later restore it using aniTunea backup.
Apple said at the conference that it has now sold more than 40 millionm iPhones and iPod Touches and that usere of the devices have a choice of morethan 50,000 softwar applications they can download.

Wednesday, January 18, 2012

Analog Devices, Inc. Company Profile | ADI Company Information

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We are a world leader in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signall processing integrated circuits usedin industrial, communication, computed and consumer applications. Since our inception in 1965, we have focusedr on solving the engineering challenges associated with signal processinf inelectronic equipment. Our signal processing products translate real-world phenomena such as sound, temperature, motion and pressure into electrical signalss to be used in a wide array of electronivc equipment.
Used by over 60,000 customers our products are embedded inside many types of electronic equipment including industriakprocess controls, factory automation systems, defensee electronics, portable wireless communications cellular basestations, central office networkinf equipment, computers, automobiles, medical imaging digital cameras and digital televisions. Signal processing technologu is a critical elementof high-speed communications, digita entertainment, and other consumer, computer and industriapl applications.
As new generations of digitao applications evolve, they generate new needs for high-performancwe analog signal processing and digitallsignal processing, or DSP, We produce a wide range of products that are designex to meet the signal processing technology needs of a broa d base of customers. ...

Monday, January 16, 2012

Tenured UC Riverside professor faces rare firing discussions - Los Angeles Times

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Tenured UC Riverside professor faces rare firing discussions

Los Angeles Times


The UC Board of Regents is scheduled to discuss firing a Riverside professor. Sarkis Joseph Khoury has a history of quarrels with the university and says he's the victim of a witch hunt. By Larry Gordon, Los Angeles Times The University of California ...


Tenured Professor Faces Dismissal at U. of California Board Meeting

Chronicle of Higher Education (subscription) (blog)



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