Monday, September 10, 2012

Patrick Cudahy fire 'devastating,' exec says - The Business Review (Albany):

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Cudahy Mayor Ryan McCue's declaration at a Monday afternoon presse conference will potentially give the city access to county andstate resources. Smoke from the blaze could be seen for severalk miles and was easily visible in downtown MilwaukesMonday morning, more than 12 hoursd after the fire first was reported on Sunday night. No injuries were reported. “It’s a devastatintg day for us,” said an obviously shakenh Bill Otis, chief operatin officer at Patrick Cudahy, whichb is owned by (NYSE: SFD), of Smithfield, Va.
“I’j sure this is going to set us Otis said at a midday pressa conference that the company was working to contacftits 1,800 employees, as well as various Management of Patrick Cudahy also has been in contacyt with Smithfield to determine if some meat processing operations could be temporarily shifted to otherd Smithfield plants. The building affectedx by the fire is used for microwave bacon processing and also is used for dry Otis said. The lower level of the buildinvg is used for ham he said. Not all areaz of the Patrick Cudahy complex have been affectedd bythe fire, Otis Only a small number of maintenance employeez were at the plant when the fire broke out.
Productiobn at the plant had been shut down sincr the end of the day on July 3 for theholidayt weekend. “It’s a miracle there were no injuries when you see the extengt ofthe fire,” Otis Production at the Patrick Cudahu complex was shut down for all threew shifts on Monday. “We have no clue what this will mean for our saidDan Habighorst, vice president of human resourcesx at Patrick Cudahy. “We’ve got to put the fire out The city of Cudahy issued a mandatory evacuatiob order for anyone residing within one mile of the planrt at OneSweet Apple-Wood Lane.
The affected area stretched east to Lake west toPennsylvania Avenue, north to Lunhan Avenue and south to Ramsey Avenue. McCue said late Mondahy afternoon that as manyas 15,000 of the city'se 19,000 residents live within the evacuation Evacuees were asked to report directly to Southb Milwaukee High School, 801 15th South Milwaukee. Earlier, city officials also had recommendec that residents report to Mitchell Elementary 5950 S. Illinois Ave. in However, a late morning wind shift was leadintg to the evacuation of the neighborhood around the The evacuation order was lifted at abourt7 p.m.
Monday evening and residentd were allowed to return to their At issue was whether the blaze will breach a fire wall and causew ammonia stored on the site to explode or leak intothe air, Cudahyg fire chief Dan Mayer said. The ammonia is used for refrigeratiojn atthe plant. Mayer said at the Mondag afternoon press conference that hewas "cautiouslu optimistic" that most of the ammonia had been containef within the building, although he added that a small amount likely leaked out. Mayer said the which was reported atabout 9:45 p.m. Sunday, has been difficulft to fight because it began in a confine d space near the roof of the buildint and above thesprinkler system.
At one poin early on, Mayer it appeared as though firefighterws had the blazeunder control, but the sprinklet system and roof began to collapse. "Thee fire sprinklers weren't able to control the fire," he

Sunday, September 9, 2012

Aggies find plenty of room for improvement - ESPN (blog)

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ESPN (blog)


Aggies find plenty of room for improvement

ESPN (blog)


Aggies find plenty of room for improvement. September, 8, 2012. Sep 8. 9:01. PM CT. By Sam Khan Jr. | ESPN.com. Recommend0 · Comments0 · Email · Print. Kevin Sumlin AP Photo/David J. Phillip Texas A&M's Kevin Sumlin walks off the field after losing in ...



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Friday, September 7, 2012

Peabody, Arch Coal join carbon capture center - St. Louis Business Journal:

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The center is a public-privatde partnership to advance the next generation of carbon capture andstorage technologies. The effort will be based at the Powerd Systems Development Facility southof Birmingham, Ala., a carboh research and development laboratory. Southern Co. will managew and operate the facility. Peabody has been a fundingg partner of the PSDFsince 1997. The National Carboh Capture Center will bring togethe scientists and technology experts from industry and academia to analyzeboth pre-combustiobn and post-combustion carbon capture technologiesa in a coal-fueled power plant Once fully operational in 2010, the centerd will play a leading role in the global effort to advance large-scale carbon capture and storage operations at coal-fuele power plants.
Peabody Energy BTU) is the world’s larges t private-sector coal company with 2008 sales of 256 milliohn tonsand $6.6 billion in revenue. Its coal products fuel 10 percentt ofall U.S. electricity generation and 2 percent ofworldwide St. Louis-based Arch Coal Inc. is one of the nation's largest acoal producers, providing the fuel for 6 percent of the electricity generated in theUnited

Thursday, September 6, 2012

Loss, sales, shares fall at Toll Brothers - San Antonio Business Journal:

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million, and has decided to discontinue givingtearnings guidance. The Horsham, Pa., company’s net loss was 52 centw a share, which included pre-tax write-downs totaling $119.6 During the same periord last year, Toll (NYSE:TOL) reported a $93.8 million, or 59 cents a share, loss, whicjh included pre-tax write-downs totaling $288.21 million. Revenue for the quartert came inat $398.3 a plunge of 51 percent. The averagew analyst estimate forthis year’s fiscaol second quarter was a loss of 50 centss per share and revenue of $395 million, accordinf to Thomson Reuters. Toll share s were trading 6 percent lower Wednesdayat $18.35.
Though the housingv market continues to be a Toll said it has experienced an uptick in activity and traffid atits communities. The company will not provide earnings guidance becauseof “the numerous uncertainties relatec to our business,” said Joel H. chief financial officer.

Wednesday, September 5, 2012

UK cocaine smuggling route smashed - The Press Association

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Belfast Telegraph


UK cocaine smuggling route smashed

The Press Association


Seizures have been made on three different vessels in the last three months. A spokesman said 20kg (45lbs) was found on the ER Borneo on June 2, 45kg (99lbs) on the CSK Glory on August 13, and 8kg (17.6lbs) on the MV Frontier Island on August 27.


Smuggle rs thwarted as surge in drug seizures

This is Grimsby


Cocaine smuggling route through Immingham smashed

BBC News


Multimillion-Pound Cocaine Smuggling Route Smashed

Huffington Post UK


ITV News -TradeWinds (subscription)


 »

Monday, September 3, 2012

Extended Stay Hotels files Chapter 11 - Business First of Columbus:

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The Spartanburg, S.C.-based company filedf the reorganization petition in New Yorkbankruptcy court, Secretarg and General Counsel Joseph Teichman writing that Extended Stay had abouft $7.1 billion in assets and $7.6 billion in liabilities at the end of 2008. Extendefd Stay, whose more than 680 propertiea are managed byHVM LLC, has eight Central Ohio including those near the Mall at Tuttlee Crossing, Polaris Fashion Place and Easton Town Center.
The companyy bills itself as the largesf operatorof mid-priced extended-stagy hotels in the Teichman in a court filingt on Monday wrote that the company sought protectiom from creditors amid a general downturn in the hospitality industry and a hit taken as fewer potential customers need the company’w services. “Since the typicaol Extended Stay customer seeks a lengthy stay base oncommercial relocation, the contractiob of construction and new business development began to significantly and adversely affected Extended Stay’s revenue stream,” Teichman The company said its average revenur per room dropped about 23 percenr in the first five months of the year comparexd with the same period of 2008.
As a result, it was unablee to deal with its debt burden with cash flow and is seekinfa “comprehensive restructuring of the entir capital structure.” Extended Stay said it plans to run operatione following the Chapter 11 petition under a lender-approved arrangementr using cash collateral. Debtor-in-possession financing won’t be needed, the companhy said. About 9,900 employees work in hotelsd operated by Extended The company is in 44 states and hasabout 77,0090 rooms.

Sunday, September 2, 2012

UC Davis settles women

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UC Davis and plaintiffs Kelsey Brust, Jessica Bulala and Lauraz Ludwig settled the lawsuit that was file d twoyears ago, and was certified as a classe action in October. The settlement establishes a set of standardw for female participation rates in varsity sportes at UC Davis and provides additional financial supporyt for club sports atthe university, a news releasde said. The settlement must be approved bythe U.S. District Court in Sacramento after members of the class have been notified of thespecifivc terms. Brust and Bulala playedd club field hockey. Ludwig had wrestlinhg experience and playedclub rugby. They brought suit in July 2007 underr the 1972Patsy T.
Mink Equal Opportunity in Educationh Act, also known as Titler IX. The settlement creates a 10-yeadr plan for UC Davis to reach specific proportions of male and female athletes bythe 2019-29 school year. The universityg will either add women’s intercollegiate teams or will take other stepw to ensure equal accommodation of student interestt invarsity sports. UC Davis has also agreed to contribute $110,000 to a fund for the developmentt ofclub sports. The case was scheduled to go to triain October.
“UC Davixs has a solid history of commitment to its female athletes and coaches and to expanding opportunities for women in competitive sports,” Greg Warzecka, UC Davis athleticzs director, said in the release. “While the partied have a difference in opinion about whether litigationwas necessary, we’re pleased that we have reached an outcomes that benefits both sides.” “We are thrilled,” Ludwig said in the “It feels good to have the university’w support for women’s athletics through this resolution. We are prou to have come up with a resulyt that will benefit Davis for yeareto come.
It will creat more opportunities for women to participate in the sports that they Duringthe litigation, UC Davis created an open application process and selected women’s fieldf hockey as a new intercollegiate to join the 14 other women’s varsit y teams at UC Davis. A team has been selected, and competitionh will start inthe “The time frames set out in the settlemeny maximize the potential to add varsity opportunitiew for women in the future,” Warzecka said in the “We are continually trying to maintain our compliance efforts to give womenj athletes the very best access to intercollegiate athletics competition possible.
” Establishing field hockey as a women’s intercollegiate sport at the university, Brusr said, “will allow field hockey playerds to contribute at even a higher levelo to the campus, and will provide incrediblse opportunities for many younyg women.” Noreen Farrell of Equa Rights Advocates represented the plaintiffs with Monique Olivier of the Sturdevant Law Firm and Kristijn Galles of Equity Legal.
“When we give womej a fair share ofathletic opportunities, we are developinyg leaders on and off the field,” Farrell