gorbunovabowiper.blogspot.com
The Philadelphia-based cable-television giant and the which is based inNew York, didn’tg reveal the agreement’s financial terms or specifty its length beyond calling it long-term. Comcastf (NASDAQ:CMCSA,CMCSK) has carried the network on its Sports Entertainmenrt Package the pasttwo years. That has abour 2 million subscribers and usually costz anadditional $5 to $7 a month. Abouft two-thirds of Comcast’s 17.3 million digita customers getDigital Classic, which is one step above Comcast’z base level of digital service. Comcast will still carr y the network on its Sports Entertainmenft Package for customers who get that but notDigita Classic.
The NHL Networkj carries regular seasonNHL post-game press conferences from the NHL All Star Game and Stanleyy Cup Finals, a daily highlights show during the and many other NHL-related features. The deal also givews Digital Classic customers access to NHL OnDemanr programming, which includes condenserd games, historic games and playetr profiles. Comcast last month resolvef a dispute with the NFL Network that resultes in Comcast moving the NFL Networ to the DigitalClassic lineup.
Saturday, May 12, 2012
Friday, May 11, 2012
SunTrust to raise $1.4 billion in stock offer - Portland Business Journal:
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billion through a stock offering to boostf its capital to meet federa lgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 million shares at $13 a In relation to the offering, SunTrust STI) suspended its previously announced $1.2t5 billion “at the market” offer, which raised $260 Further, SunTrust began an offer to buy up to $1 billiobn liquidation preference or amount of certain of its currently outstandinvg preferred and hybrid securities for cash usingy proceeds from the $1.4 billioh equity offering. The movese come after the federal government’s “stress test” found SunTrust needed to raisw $2.
2 billion in capital. And whil e SunTrust had sufficient tier 1 capital to absorbv projectedloan losses, its capital “tilted too strongly” to sourceds other than common the stress test revealed. After completingh the offerings announced Mondayand prior, SunTrusf expects to have fully satisfied its "Today's announcement underscores that we are on a cleae path to achieve our previouslyh announced capital objectives as we intensify our focus on the said James M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company's capital-related initiatives will boosrt its ability to repay, upon regulatory approval and at the appropriate time, preferred stock gotten througb participation in the U.S. Treasury's Capital Purchase
billion through a stock offering to boostf its capital to meet federa lgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 million shares at $13 a In relation to the offering, SunTrust STI) suspended its previously announced $1.2t5 billion “at the market” offer, which raised $260 Further, SunTrust began an offer to buy up to $1 billiobn liquidation preference or amount of certain of its currently outstandinvg preferred and hybrid securities for cash usingy proceeds from the $1.4 billioh equity offering. The movese come after the federal government’s “stress test” found SunTrust needed to raisw $2.
2 billion in capital. And whil e SunTrust had sufficient tier 1 capital to absorbv projectedloan losses, its capital “tilted too strongly” to sourceds other than common the stress test revealed. After completingh the offerings announced Mondayand prior, SunTrusf expects to have fully satisfied its "Today's announcement underscores that we are on a cleae path to achieve our previouslyh announced capital objectives as we intensify our focus on the said James M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company's capital-related initiatives will boosrt its ability to repay, upon regulatory approval and at the appropriate time, preferred stock gotten througb participation in the U.S. Treasury's Capital Purchase
Wednesday, May 9, 2012
Medicaid cuts payments to Colo. docs - Dallas Business Journal:
ivyhofy.wordpress.com
Included in the 2009-10 “longg bill” approved by state legislatora andColorado Gov. Bill Ritter, the cuts accountf for a $30.8 million reduction for Colorado medical But the Colorado Department of Healthy Care Policy and which was given some flexibility in implementinbgthe cuts, aimed to lower costzs by reducing “avoidable visits” to emergency rooms and encouraging primaru and preventative care. In doing so, the departmeng excluded primary care, preventative care and dentall services from takingthe cuts. Othef medical professionals who serve Medicaid clients will see a rate reductiohn no greater than2 percent.
The department said in a statement it believedthat across-the-board cuts would do “morre harm than good” to Medicaid clients. Despitwe the cuts, Alfred Gilchrist, CEO of the Coloradi Medical Society, said the group will make everu effort to encourage doctors to participate in the Medicai program during difficulteconomic times. Medicaid is a public health care insurance prograkfor Colorado’s low-income families, children, pregnant the elderly and people with disabilities. Eligibility is basefd on income and family The program is funded througha federal-state partnership. There were 462,032 people enrolled in Medicaid as ofMay 31, 2009.
Included in the 2009-10 “longg bill” approved by state legislatora andColorado Gov. Bill Ritter, the cuts accountf for a $30.8 million reduction for Colorado medical But the Colorado Department of Healthy Care Policy and which was given some flexibility in implementinbgthe cuts, aimed to lower costzs by reducing “avoidable visits” to emergency rooms and encouraging primaru and preventative care. In doing so, the departmeng excluded primary care, preventative care and dentall services from takingthe cuts. Othef medical professionals who serve Medicaid clients will see a rate reductiohn no greater than2 percent.
The department said in a statement it believedthat across-the-board cuts would do “morre harm than good” to Medicaid clients. Despitwe the cuts, Alfred Gilchrist, CEO of the Coloradi Medical Society, said the group will make everu effort to encourage doctors to participate in the Medicai program during difficulteconomic times. Medicaid is a public health care insurance prograkfor Colorado’s low-income families, children, pregnant the elderly and people with disabilities. Eligibility is basefd on income and family The program is funded througha federal-state partnership. There were 462,032 people enrolled in Medicaid as ofMay 31, 2009.
Monday, May 7, 2012
Broadband stimulus money may spur partnerships for telecoms - Denver Business Journal:
xysecurakihir.blogspot.com
billion of federal stimulus money earmarked tobrinfg high-speed Internet access to unserveds areas of the United States. They see the opportunity for long-ter m partnerships that could bring themnew business. Broomfield-based Inc. LVLT) is among the network owners looking to team with companies such as wirelessbroadband services, regionak cable television networks, rural phone companies, governments or satellit broadband providers that may get stimulusa money.
The idea isn’t to win a one-timw cash infusion, but to establishn connections with businesses creatingemerging technologies, such as WiMax service, or deepen relationships with existing customers, such as locapl cable TV companies, said Jennifer Artley, a Level 3 vice presiden t who manages partnerships with major carriers. “Relationships are sticky,” she said. “We are big believerse in the Internet and the stimulus isexpanding that, so we’res looking for ways to be a part of Level 3’s 42,000 miles of fiber-optic linesa crossing the country make it a readyt middleman, connecting operators of local networks to the Internetg backbone they need.
Telecoms that sell broadband access directlyyto consumers, including Denver-based Q), argue that stimulus monety shouldn’t go to companies playing middlemen to the informationn superhighway. Qwest wants stimulus funds tightly targeted to broadband infrastructur work in unservedrural areas, not to augment nationapl networks, said Chuck Qwest’s president for Colorado. “The taxpayer dollars should only go to areas where broadband would be uneconomic todo otherwise,” he Qwest plans to focus its requestw for stimulus funding on rurall broadband expansion within its 14-state local service territory, Ward But, like Level 3, Qwest also is preparinv for opportunities to win business from companies that win stimulux funding elsewhere and need accesx to a national network, he Level 3 may or may not applyt for stimulus funds directly, Artley said.
The company sees a benefit in seeking stimulus-related partnerships even if no federalk stimulus money comes directly to the she said. “It will encourage competitionn inthe industry, which we like, and deepenn our involvement in emerging technologies,” she said. Broadbanrd in major markets is dominated by nationalo telecoms suchas Verizon, Comcast and Qwest. Locall providers reign in less-populateds areas, but they buy access to the nationakl networks carryingInternet traffic.
Level 3 has signal-boostintg stations at 60-mile intervals on its fiber optic-lines, and each one can be made into an on ramp to the AccessingLevel 3’s nationak network from one of thoss stations in a rural area can save another companh the expense of having to builsd connections into the nearest It’s not clear whether so-callee “middle mile” services can win broadband stimulus funding from the or the Departmen of Agriculture’s Rural Utilities Service. The eligibility rulexs for broadband stimulusfunding aren’t expected to be publishef until late June.
Whether stimulus moneh pays for middle-mile services directly or not, such connection s are “critical to overalol success of the broadbanddeployment plan,” said Matt Davis, a telecom industrg analyst for Framingham, Mass.-based research firm IDC, in a writtenb statement.. Such access is also cheaper, whicuh could help the growing number of companies lookingb to establish rural WiMadtechnology — high-speed, wireless Internet accesxs using microwave signals. That reality has prompted all sorts ofnew partnerships. Ruralk WiMAX company DigitalBridgeCommunications Corp., of Ashburn, Va.
, and the 1,500-member National Rural Telecommunications Cooperative recently teamed in stimuluss efforts. Greenwood Village-based Open Range Communicationx partnered with Level 3for middle-mile service outsidde the stimulus program. Open which is funded by $367 million in privated equity money and a Department of Agriculture loan, plans to establish broadband for 546 rurak communities in the next five years.
billion of federal stimulus money earmarked tobrinfg high-speed Internet access to unserveds areas of the United States. They see the opportunity for long-ter m partnerships that could bring themnew business. Broomfield-based Inc. LVLT) is among the network owners looking to team with companies such as wirelessbroadband services, regionak cable television networks, rural phone companies, governments or satellit broadband providers that may get stimulusa money.
The idea isn’t to win a one-timw cash infusion, but to establishn connections with businesses creatingemerging technologies, such as WiMax service, or deepen relationships with existing customers, such as locapl cable TV companies, said Jennifer Artley, a Level 3 vice presiden t who manages partnerships with major carriers. “Relationships are sticky,” she said. “We are big believerse in the Internet and the stimulus isexpanding that, so we’res looking for ways to be a part of Level 3’s 42,000 miles of fiber-optic linesa crossing the country make it a readyt middleman, connecting operators of local networks to the Internetg backbone they need.
Telecoms that sell broadband access directlyyto consumers, including Denver-based Q), argue that stimulus monety shouldn’t go to companies playing middlemen to the informationn superhighway. Qwest wants stimulus funds tightly targeted to broadband infrastructur work in unservedrural areas, not to augment nationapl networks, said Chuck Qwest’s president for Colorado. “The taxpayer dollars should only go to areas where broadband would be uneconomic todo otherwise,” he Qwest plans to focus its requestw for stimulus funding on rurall broadband expansion within its 14-state local service territory, Ward But, like Level 3, Qwest also is preparinv for opportunities to win business from companies that win stimulux funding elsewhere and need accesx to a national network, he Level 3 may or may not applyt for stimulus funds directly, Artley said.
The company sees a benefit in seeking stimulus-related partnerships even if no federalk stimulus money comes directly to the she said. “It will encourage competitionn inthe industry, which we like, and deepenn our involvement in emerging technologies,” she said. Broadbanrd in major markets is dominated by nationalo telecoms suchas Verizon, Comcast and Qwest. Locall providers reign in less-populateds areas, but they buy access to the nationakl networks carryingInternet traffic.
Level 3 has signal-boostintg stations at 60-mile intervals on its fiber optic-lines, and each one can be made into an on ramp to the AccessingLevel 3’s nationak network from one of thoss stations in a rural area can save another companh the expense of having to builsd connections into the nearest It’s not clear whether so-callee “middle mile” services can win broadband stimulus funding from the or the Departmen of Agriculture’s Rural Utilities Service. The eligibility rulexs for broadband stimulusfunding aren’t expected to be publishef until late June.
Whether stimulus moneh pays for middle-mile services directly or not, such connection s are “critical to overalol success of the broadbanddeployment plan,” said Matt Davis, a telecom industrg analyst for Framingham, Mass.-based research firm IDC, in a writtenb statement.. Such access is also cheaper, whicuh could help the growing number of companies lookingb to establish rural WiMadtechnology — high-speed, wireless Internet accesxs using microwave signals. That reality has prompted all sorts ofnew partnerships. Ruralk WiMAX company DigitalBridgeCommunications Corp., of Ashburn, Va.
, and the 1,500-member National Rural Telecommunications Cooperative recently teamed in stimuluss efforts. Greenwood Village-based Open Range Communicationx partnered with Level 3for middle-mile service outsidde the stimulus program. Open which is funded by $367 million in privated equity money and a Department of Agriculture loan, plans to establish broadband for 546 rurak communities in the next five years.
Sunday, May 6, 2012
Winter Park tries to slow Park Avenue's retail loss - Kansas City Business Journal:
ivyhofy.wordpress.com
Take Chris Tillett, CEO of boutiquer makeup studio , who moved from Park Avenur to Maitland last summer due to highrent (he was payinvg $41 per square foot in Winter Park), less foot traffic and lack of city Tillett’s exit and that of othet former Park Avenue retailers have prompted both the city of Winter Park and landlords to try to address the “We saw businesses leaving and an increasinfg animosity between retailers and restaurants, so this was the perfectg time to talk it out,” said Sherry community redevelopment director for Winter In fact, the area’s vacancy rate has nearly double in the past 12 jumping to 11 percent from 6.
5 percent a year ago, said Collierd Arnold in Orlando, a real estate servicexs firm. In addition, the average rentakl rate is $25.64 per square down 5.4 percent from $27.190 per square foot a year ago. In the overall Winter Park/Maitlanxd submarket charges an averageof $21.60 per square foot for retailk space and had a 10.5 percent vacancy rate for year-end said the . To address the the city commissioneda $55,00p study on the matter by Charleston, S.C.-basedr America’s Research Group, a consumer and market researcnh firm.
The study will try to revitalizePark Avenue’ss image through new marketing efforts, city-supported events wher e streets are closed off and other strategies to increasse business. The city will also look at an alcohok ordinance on June 8 that woulrd allow eating and drinking establishments besides seated-service restaurants to serve beer and she said. Joanne McMahon, principal of 310 Park South Restaurant, agrees rentds are higher on Park Avenue than in mostretail areas, but said her businesz still gets enough foot traffic to make up for it.
In business is good enough for McMahon’s 2,800-square-foot restaurant to expand by 2,30 square feet and add 60 seats this Even local landlords are tryinb to spice upPark Avenue. Larry owner of Winter Park-based , said his company this year finisheda $2 million renovationm of the old Jacobson’s space that was vacatef in 1999. There, Eucalyptus Properties createdthe 16,000-square-foot retail/restaurant Shops on Park property, which faces both Park Avenud and Center Street. Williams, whose company owns more than 12,00 square feet of retail space on Park said the property should provide a fresh look andbrintg much-needed attention to the shopping district.
As for he said if the city and landlords can resolve the issuezs that caused himto leave, he’d considert returning to Park Avenue. “In this is the best thing that can happenn to theavenue — for it to be humbledf a bit.”
Take Chris Tillett, CEO of boutiquer makeup studio , who moved from Park Avenur to Maitland last summer due to highrent (he was payinvg $41 per square foot in Winter Park), less foot traffic and lack of city Tillett’s exit and that of othet former Park Avenue retailers have prompted both the city of Winter Park and landlords to try to address the “We saw businesses leaving and an increasinfg animosity between retailers and restaurants, so this was the perfectg time to talk it out,” said Sherry community redevelopment director for Winter In fact, the area’s vacancy rate has nearly double in the past 12 jumping to 11 percent from 6.
5 percent a year ago, said Collierd Arnold in Orlando, a real estate servicexs firm. In addition, the average rentakl rate is $25.64 per square down 5.4 percent from $27.190 per square foot a year ago. In the overall Winter Park/Maitlanxd submarket charges an averageof $21.60 per square foot for retailk space and had a 10.5 percent vacancy rate for year-end said the . To address the the city commissioneda $55,00p study on the matter by Charleston, S.C.-basedr America’s Research Group, a consumer and market researcnh firm.
The study will try to revitalizePark Avenue’ss image through new marketing efforts, city-supported events wher e streets are closed off and other strategies to increasse business. The city will also look at an alcohok ordinance on June 8 that woulrd allow eating and drinking establishments besides seated-service restaurants to serve beer and she said. Joanne McMahon, principal of 310 Park South Restaurant, agrees rentds are higher on Park Avenue than in mostretail areas, but said her businesz still gets enough foot traffic to make up for it.
In business is good enough for McMahon’s 2,800-square-foot restaurant to expand by 2,30 square feet and add 60 seats this Even local landlords are tryinb to spice upPark Avenue. Larry owner of Winter Park-based , said his company this year finisheda $2 million renovationm of the old Jacobson’s space that was vacatef in 1999. There, Eucalyptus Properties createdthe 16,000-square-foot retail/restaurant Shops on Park property, which faces both Park Avenud and Center Street. Williams, whose company owns more than 12,00 square feet of retail space on Park said the property should provide a fresh look andbrintg much-needed attention to the shopping district.
As for he said if the city and landlords can resolve the issuezs that caused himto leave, he’d considert returning to Park Avenue. “In this is the best thing that can happenn to theavenue — for it to be humbledf a bit.”
Friday, May 4, 2012
Report: University maintenance could boost economy - Wichita Business Journal:
yqyqynesara.blogspot.com
The report estimates that maintenance work woulde drivea $1.63 billion increase in economi output and a $468 millionh jump in earnings for businesses and An average of 19 new jobs would be createfd for every $1 million spent, the report "This report displays the substantial and positive economic impact that a comprehensiver state university building maintenance fundinh solution would have on the state's board President and CEO Reginald L. Robinsonn said in a statement. The study was produced for the boardc by the at Fort HaysState University. It can be viewed in its entiret yat .
University officials and members of the board of regents have been lobbyinvg legislators to develop a comprehensivee funding plan to addres s building maintenance at the six stateuniversityy campuses.
The report estimates that maintenance work woulde drivea $1.63 billion increase in economi output and a $468 millionh jump in earnings for businesses and An average of 19 new jobs would be createfd for every $1 million spent, the report "This report displays the substantial and positive economic impact that a comprehensiver state university building maintenance fundinh solution would have on the state's board President and CEO Reginald L. Robinsonn said in a statement. The study was produced for the boardc by the at Fort HaysState University. It can be viewed in its entiret yat .
University officials and members of the board of regents have been lobbyinvg legislators to develop a comprehensivee funding plan to addres s building maintenance at the six stateuniversityy campuses.
Wednesday, May 2, 2012
Washington U. lands $19M from NIH - St. Louis Business Journal:
ishinlyuboqemija.blogspot.com
The grants are part of the HumanMicrobiome Project, an ongoing effortt to catalog the bacteria, viruses, fungo and other microorganisms that naturally coexist in or on the In all, the on Tuesday announcedr $42 million in grant awardws to a dozen U.S. institutions. The largest portion, a four-yea r grant totaling $16 goes to Washington University's , said university spokeswoman Caroline Arbanason Tuesday. WU genome scientists, led by George will decode the DNA of aboutg 400 microbes in collaboration with scientists at three other DNAsequencint centers.
WU researchers also receivedr another $3 million for threed pilot demonstration projects that investigate the link between change s in microbial communities and certain These one-year projects involvee sampling the microbiomes of both healthy and ill By comparing differences in microbial communities between the two groups, researchersa hope to determine how microbe s influence the risk of disease. The genome and microbre money Washington University was awarded is not from the federastimulus package, according to Arbanas. 'xs 2,100 employed and volunteer faculty physicians also are the medicao staffof Barnes-Jewish and St. Louis Children's hospitals.
Througjh its affiliations with Barnes-Jewish and St. Louis Children'sd hospitals, the School of Medicine is linkedfto .
The grants are part of the HumanMicrobiome Project, an ongoing effortt to catalog the bacteria, viruses, fungo and other microorganisms that naturally coexist in or on the In all, the on Tuesday announcedr $42 million in grant awardws to a dozen U.S. institutions. The largest portion, a four-yea r grant totaling $16 goes to Washington University's , said university spokeswoman Caroline Arbanason Tuesday. WU genome scientists, led by George will decode the DNA of aboutg 400 microbes in collaboration with scientists at three other DNAsequencint centers.
WU researchers also receivedr another $3 million for threed pilot demonstration projects that investigate the link between change s in microbial communities and certain These one-year projects involvee sampling the microbiomes of both healthy and ill By comparing differences in microbial communities between the two groups, researchersa hope to determine how microbe s influence the risk of disease. The genome and microbre money Washington University was awarded is not from the federastimulus package, according to Arbanas. 'xs 2,100 employed and volunteer faculty physicians also are the medicao staffof Barnes-Jewish and St. Louis Children's hospitals.
Througjh its affiliations with Barnes-Jewish and St. Louis Children'sd hospitals, the School of Medicine is linkedfto .
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