http://www.expspain.com/callaogardens.html
The Securities and Exchange Commission accused the companies of overstating the value of a mutual fund that investedr primarilyin mortgage-backed securities, and then only selectivelyt telling shareholders about the fund’s valuation Evergreen neither admits nor denies the The SEC’s enforcement action against Evergree n and its distributor, , found that the value of its Ultrs Short Opportunities Fund, which was consistentl ranked as a high performer in its class in 2007 and was inflated by as much as 17 percent due to Evergreen’s alleged valuation practices.
Had Evergree properly valued the fund, it would have rankee near the bottom of its category durinygthis time, the SEC said. Evergreen liquidatedd the fund inJune 2008. According to the SEC, Evergreemn disclosed the reasons and the likelihood for additionalp repricings toselect shareholders, who were then able to cash out befored incurring any additional drop in the valuwe of their fund shares. Other shareholders were left thecommission alleged.
“By picking and choosing to disclose negatives information to some investors and not Evergreen gave certain shareholders an unfair advantagee and left others inthe dark,” says David Bergers, directore of the SEC’s regional office in Boston. “Evergreen harmed investors and prevented them from making informedd decisions by overstating the valud of its holdingsin mortgage-backed securities.” The $40 millio n settlement will be distributed to Ultrqa Fund shareholders. Evergreen is the brand name underwhicu Charlotte-based conducts its investment-managemeny business. Wachovia was acquired by San Francisco-based late last year.
Evergreen is being mergedx with Wells FargoAsseg Management.
Tuesday, January 18, 2011
Saturday, January 15, 2011
Quinoa's Popularity Boon (& Bust) for Bolivia - Treehugger
http://www.js-yx.com/fdaxtalkxpaper.html
Treehugger | Quinoa's Popularity Boon (& Bust) for Bolivia Treehugger I've had an interest in the ancient Andean super grain since its hit the health scene for its amino-acid- and mineral-richness. Simply put, the UN Food and ... |
Thursday, January 13, 2011
Regent Communications, Inc. Company Profile | RGCI Company Information
http://nottedellataranta.net/?p=13
We are a radio broadcasting company historically focused on developing and operating radio stationsin mid-sized Based on current economic conditions, our primary focus is on the efficien and profitable operation of our current radiio station markets. We presently own 49 FM and 13 AM radiok stations in 13 marketsin Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, New and Texas. Our assembled clusters of radio stations rank first or seconcd in terms of revenue share in all of our marketsx that are ranked byBIA Inc. in their Investing in Radilo 2008Market Report, except in New York, Grand Rapids, Michigan and El Paso, Texas, wherre our clusters rank third.
Our primarh strategy is to secure and maintain a leadership position in the markets weservde and, when possible, to expancd into additional mid-sized markets wherd we can achieve a leadership After we enter a market, we seek to acquiree stations that, when integrated with our existintg operations, will allow us to reach a wider range of demographi c groups that appeal to advertisers, increase revenue and achieve substantia cost savings.
Additionally, our advertising pricing on a supplhy anddemand basis, when combined with the addedd reach of our radio station clusters, allows us to competde successfully for advertising revenue against non-radio competitors such as print media, television, cable and outdooer advertising.
We are a radio broadcasting company historically focused on developing and operating radio stationsin mid-sized Based on current economic conditions, our primary focus is on the efficien and profitable operation of our current radiio station markets. We presently own 49 FM and 13 AM radiok stations in 13 marketsin Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, New and Texas. Our assembled clusters of radio stations rank first or seconcd in terms of revenue share in all of our marketsx that are ranked byBIA Inc. in their Investing in Radilo 2008Market Report, except in New York, Grand Rapids, Michigan and El Paso, Texas, wherre our clusters rank third.
Our primarh strategy is to secure and maintain a leadership position in the markets weservde and, when possible, to expancd into additional mid-sized markets wherd we can achieve a leadership After we enter a market, we seek to acquiree stations that, when integrated with our existintg operations, will allow us to reach a wider range of demographi c groups that appeal to advertisers, increase revenue and achieve substantia cost savings.
Additionally, our advertising pricing on a supplhy anddemand basis, when combined with the addedd reach of our radio station clusters, allows us to competde successfully for advertising revenue against non-radio competitors such as print media, television, cable and outdooer advertising.
Monday, January 10, 2011
Former Wurld CEO receives prison sentence - The Business Review (Albany):
more
The 46-year-old Cohoes resident apologized to Wurldx Media employeesand shareholders, who invested more than $20 millioj in the company that developed technology to allow music and videox to be exchanged over the Internet. Kerbe r already is serving five years probation after he pleaded guilty to falsifyinbbusiness records, a felony, in June 2008. Both casee involved illegal activities stemmingfrom Kerber’s managemenr of Wurld Media assets. . In January, Richard Saxton, a forme r Wurld vice president, was sentenced to six monthse in jail andfive year’s probation following his convictiobn in the collapse of the Saratoga Springw Internet startup company.
That case is being Saratoga County Assistant District Attorney Richardf Wendling said he was satisfiedwith Kerber's sentence, althouguh Kerber could have received up to seven years in During sentencing in Saratoga County Court, Wendliny pointed out to the judge that Kerber had a priof felony conviction and he had failed to acknowledge any wrongdoing throughout his three day trial in May. Sentencinfg was handed down by Judge JerryScarano Jr. Kerbetr maintained a similar stance when he spokeat “I didn’t intend to do anything wrong,” he said.
“u would have done a better jobof concealing, if I thoughy I did something An investigation into the larceny began last year aftere a SEFCU employee informed the districf attorney’s office that Kerber had transferred money from Wurld Mediaz accounts into an account under the name , a separate companyy formed by Kerber. Yagibodx had no employees and produced nothing prosecutors said duringthe trial.
Founded in Wurld—the misspelling is a play on URL forthe Web-savvy—developed a peer-to-peer product that allowed users to sell musidc and other entertainment to one another without violating By 2005, Wurld had landed agreementas with four major record EMI, , and that will allow people to downloaxd songs legally at 99 cente a tune. Wurld grew from five to about 60 employee s between 1999 and 2006 and was backed by 500 private investorss before the company ran shorr of money and eventually was sold in 2007for $4.3 milliohn to , a former New York City-basedd company which has since merged with Kit Digital.
Employees, creditorsw and investors are still owed morethan $20 prosecutors said. “Judge Scarano’s sentencing sends a messaged of deterrence that corporate greed willbe punished. Shareholders and investor s will be protected when someone stealse life savingsand investments,” said Districf Attorney James A. Murphy III. Kerber’s attorney David Gruenbergf said after sentencing that he was disappointed that Scarano did not sentence Kerber to probation or a jail sentence that woulsd have allowed his client to servew histime locally.
Following sentencing, Kerber was escorted from the court in handcuffs and transported to county jail where he will wait to be assignedc toa prison.
The 46-year-old Cohoes resident apologized to Wurldx Media employeesand shareholders, who invested more than $20 millioj in the company that developed technology to allow music and videox to be exchanged over the Internet. Kerbe r already is serving five years probation after he pleaded guilty to falsifyinbbusiness records, a felony, in June 2008. Both casee involved illegal activities stemmingfrom Kerber’s managemenr of Wurld Media assets. . In January, Richard Saxton, a forme r Wurld vice president, was sentenced to six monthse in jail andfive year’s probation following his convictiobn in the collapse of the Saratoga Springw Internet startup company.
That case is being Saratoga County Assistant District Attorney Richardf Wendling said he was satisfiedwith Kerber's sentence, althouguh Kerber could have received up to seven years in During sentencing in Saratoga County Court, Wendliny pointed out to the judge that Kerber had a priof felony conviction and he had failed to acknowledge any wrongdoing throughout his three day trial in May. Sentencinfg was handed down by Judge JerryScarano Jr. Kerbetr maintained a similar stance when he spokeat “I didn’t intend to do anything wrong,” he said.
“u would have done a better jobof concealing, if I thoughy I did something An investigation into the larceny began last year aftere a SEFCU employee informed the districf attorney’s office that Kerber had transferred money from Wurld Mediaz accounts into an account under the name , a separate companyy formed by Kerber. Yagibodx had no employees and produced nothing prosecutors said duringthe trial.
Founded in Wurld—the misspelling is a play on URL forthe Web-savvy—developed a peer-to-peer product that allowed users to sell musidc and other entertainment to one another without violating By 2005, Wurld had landed agreementas with four major record EMI, , and that will allow people to downloaxd songs legally at 99 cente a tune. Wurld grew from five to about 60 employee s between 1999 and 2006 and was backed by 500 private investorss before the company ran shorr of money and eventually was sold in 2007for $4.3 milliohn to , a former New York City-basedd company which has since merged with Kit Digital.
Employees, creditorsw and investors are still owed morethan $20 prosecutors said. “Judge Scarano’s sentencing sends a messaged of deterrence that corporate greed willbe punished. Shareholders and investor s will be protected when someone stealse life savingsand investments,” said Districf Attorney James A. Murphy III. Kerber’s attorney David Gruenbergf said after sentencing that he was disappointed that Scarano did not sentence Kerber to probation or a jail sentence that woulsd have allowed his client to servew histime locally.
Following sentencing, Kerber was escorted from the court in handcuffs and transported to county jail where he will wait to be assignedc toa prison.
Saturday, January 8, 2011
Free buses bring Chapel Hill livability award - South Florida Business Journal:
http://www.washingtoneast.org/freeanalysis.html
The home of the , Chapel Hill beat out more than 200 municipalitiese across the nation to claima first-place City Livability Award. Chapel Hill won for citiexs with populations of fewerthan 100,000. S.C., won for cities with populations of morethan 100,000. The contest was judged on three criteria: mayoral leadership, creativitty and innovation, and the broad impact on the qualituy of lifefor residents. The U.S.
Conference of Mayors honored Chapel Hill for its decision in 2002 to no longere charge fares to any rided on itsbus system, the organization said in a press While many bus systems in colleg e towns don’t charge students and faculty to a scant few provide free service to all The town implemented the fare-free systej to encourage people to take the bus and leavde their cars at home. The plan worked. Ridership on Chapel Hill transit has more than doublecd since fares were eliminated going from 3 million in 2002 to a projectede 7 millionthis year. “The Chapelk Hill Public Transit system is the foundationb of oursustainable future,” Foy said in a presd release.
“This bus system makes Chapel Hill continus to be the kind of placpeople love; for us it is an investmenty and it has paid off big time.” The town says it is planningy a “community event” to celebrate the livability awarc and that it will release details soon.
The home of the , Chapel Hill beat out more than 200 municipalitiese across the nation to claima first-place City Livability Award. Chapel Hill won for citiexs with populations of fewerthan 100,000. S.C., won for cities with populations of morethan 100,000. The contest was judged on three criteria: mayoral leadership, creativitty and innovation, and the broad impact on the qualituy of lifefor residents. The U.S.
Conference of Mayors honored Chapel Hill for its decision in 2002 to no longere charge fares to any rided on itsbus system, the organization said in a press While many bus systems in colleg e towns don’t charge students and faculty to a scant few provide free service to all The town implemented the fare-free systej to encourage people to take the bus and leavde their cars at home. The plan worked. Ridership on Chapel Hill transit has more than doublecd since fares were eliminated going from 3 million in 2002 to a projectede 7 millionthis year. “The Chapelk Hill Public Transit system is the foundationb of oursustainable future,” Foy said in a presd release.
“This bus system makes Chapel Hill continus to be the kind of placpeople love; for us it is an investmenty and it has paid off big time.” The town says it is planningy a “community event” to celebrate the livability awarc and that it will release details soon.
Wednesday, January 5, 2011
Tech workers can look on bright side - Minneapolis / St. Paul Business Journal:
bentlyoupapa1810.blogspot.com
He also wanted to tap into the deep poolof Austin-arewa microprocessor industry workers who have been laid off durinbg the last couple of years. Such workers posseses the skills that translate well to the solareenergy industry, Van Dell And as the number of local microprocessor industry workers reache a three-year low in April, the timinvg of solar companies migrating to Central Texae couldn’t be better for area workers — nor the businesses that need “A solar cell is a semiconducto that generates electricity when you shinw light on it,” Van Dell said.
I was quite well awarw of the strong mix of companies and the skill base in That was definitely on my mind when I moved thecompanty here.” SolarBridge’s move is a scenario that locapl officials want to repeat multiple times with the hope that solar panelp manufacturing fills the void left by the contractionb in the microprocessor industry. But the lack of financialk incentives from the state is creating a dampeningv effect on attracting solar companies to theAustinh area, observers say.
Proposed statew legislation to createa $1 billiojn so-called “Sunny Day Fund” for Texaz to obtain federal grants unded the American Recovery and Reinvestmenr Act would have been used to attrac t such businesses, especially foreign solar companies that want to establisuh their North American headquarters in the Austin experts say. But the legislation, which received a publicc hearingin April, died in the state House Appropriations Committee. To date, SolarBridge, which was founded in 2004 as SmartSparkl EnergySystems Inc., and HelioVolt Inc.
are the two most prominent solaer energy businesses operating in theAustin HelioVolt, which is backed with at leas t $118 million in venture capital, is wrappingf up a plant that will eventually crankm out a thin film that acts as a solar “After June, I think there are goingt to be some projects rolling in said Raj Prabhu, managing partnee of the Mercom Capital Group LLC, an Austin-based technologg research firm. “It is more, ‘Whpo is going to give me the best incentive packagderight now?’” The semiconductor industru is consolidating, and jobs that are leavinh Texas are not expected to Central Texas has lost 500 microprocessor industryu jobs just this year.
Local chip companies now employ 15,700 workers — the lowesft level of such local jobs since April 2006, according to the U.S. Bureau of Laborf Statistics. During the first quarter, worldwide sales of semiconductorsreached $44 billionj versus $62.8 billion during the same period last a nearly 30 percent the Semiconductor Industry Association reported. On the the demand for solae technology is growing Randall Baker, the principal of Austin-based PuraVidza Ventures LLC, said other statea are throwing big money at prospectiv solar companies to woo them into establishinv manufacturing plants in their states.
Many state officialsd believe Texas doesn’t need to do so it isn’t. But it also has the former chip workers to offersuch companies, and those workerd can be retrained for solar in eight weeks to 16 weeks, Baker said. But the clock is running. In March, Bret Raymis, who worked for 30 yeards in thesemiconductor industry, joinedx Austin-based Apache-Solar Corp., where he is now the vice presidenr of business development. The company is developinv a system with photovoltaic cells combined with architecturalglasx panels, and plans to begi production within 12 months.
He said solar is stil l early in its development compared with the progress that semiconductors made inrecen decades. Investors and companies need to ramp up solar technologty in the United States beforr the technology gains a footholdin Asia. “They’rd sitting on the fenc with their money,” Raymis said, “and they’ree going to wake up and all that business will goto China.
”
He also wanted to tap into the deep poolof Austin-arewa microprocessor industry workers who have been laid off durinbg the last couple of years. Such workers posseses the skills that translate well to the solareenergy industry, Van Dell And as the number of local microprocessor industry workers reache a three-year low in April, the timinvg of solar companies migrating to Central Texae couldn’t be better for area workers — nor the businesses that need “A solar cell is a semiconducto that generates electricity when you shinw light on it,” Van Dell said.
I was quite well awarw of the strong mix of companies and the skill base in That was definitely on my mind when I moved thecompanty here.” SolarBridge’s move is a scenario that locapl officials want to repeat multiple times with the hope that solar panelp manufacturing fills the void left by the contractionb in the microprocessor industry. But the lack of financialk incentives from the state is creating a dampeningv effect on attracting solar companies to theAustinh area, observers say.
Proposed statew legislation to createa $1 billiojn so-called “Sunny Day Fund” for Texaz to obtain federal grants unded the American Recovery and Reinvestmenr Act would have been used to attrac t such businesses, especially foreign solar companies that want to establisuh their North American headquarters in the Austin experts say. But the legislation, which received a publicc hearingin April, died in the state House Appropriations Committee. To date, SolarBridge, which was founded in 2004 as SmartSparkl EnergySystems Inc., and HelioVolt Inc.
are the two most prominent solaer energy businesses operating in theAustin HelioVolt, which is backed with at leas t $118 million in venture capital, is wrappingf up a plant that will eventually crankm out a thin film that acts as a solar “After June, I think there are goingt to be some projects rolling in said Raj Prabhu, managing partnee of the Mercom Capital Group LLC, an Austin-based technologg research firm. “It is more, ‘Whpo is going to give me the best incentive packagderight now?’” The semiconductor industru is consolidating, and jobs that are leavinh Texas are not expected to Central Texas has lost 500 microprocessor industryu jobs just this year.
Local chip companies now employ 15,700 workers — the lowesft level of such local jobs since April 2006, according to the U.S. Bureau of Laborf Statistics. During the first quarter, worldwide sales of semiconductorsreached $44 billionj versus $62.8 billion during the same period last a nearly 30 percent the Semiconductor Industry Association reported. On the the demand for solae technology is growing Randall Baker, the principal of Austin-based PuraVidza Ventures LLC, said other statea are throwing big money at prospectiv solar companies to woo them into establishinv manufacturing plants in their states.
Many state officialsd believe Texas doesn’t need to do so it isn’t. But it also has the former chip workers to offersuch companies, and those workerd can be retrained for solar in eight weeks to 16 weeks, Baker said. But the clock is running. In March, Bret Raymis, who worked for 30 yeards in thesemiconductor industry, joinedx Austin-based Apache-Solar Corp., where he is now the vice presidenr of business development. The company is developinv a system with photovoltaic cells combined with architecturalglasx panels, and plans to begi production within 12 months.
He said solar is stil l early in its development compared with the progress that semiconductors made inrecen decades. Investors and companies need to ramp up solar technologty in the United States beforr the technology gains a footholdin Asia. “They’rd sitting on the fenc with their money,” Raymis said, “and they’ree going to wake up and all that business will goto China.
”
Monday, January 3, 2011
LG Smart TV Upgrader, THINQ Digital Home Smart Tech Unveiled - infoSync World
more...
SlashGear | LG Smart TV Upgrader, THINQ Digital Home Smart Tech Unveiled infoSync World Addition » |
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