The Drum | California Governor Declares Oct. 16 'Steve Jobs Day' Fox News AP Jan. 27, 2010: Apple CEO Steve Jobs holds the new iPad during a product announcement in San Francisco. CUPERTINO, Calif. â€" This Sunday will be declared "Steve Jobs Day" in the tech pioneer's home state of California, as Apple holds a memorial ... California Declares Oct.16 as 'Steve Jobs Day' California Declares Oct. 16 as Steve Jobs Day Steve Jobs Day on Oct 16, California declares |
Saturday, October 15, 2011
California Governor Declares Oct. 16 'Steve Jobs Day' - Fox News
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Thursday, October 13, 2011
Radio One loses $11.7M - Baltimore Business Journal:
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The Lanham-based broadcasting which owns Baltimore's top-rated 92Q urbabn radio station, reported a net loss of $11.7 or 12 cents per share, for the compared to a net lossof $5.1 or 5 cents per share, in the same period last Revenue was $83.4 million, a 1 percengt increase from the same period in 2007. Durinfg the quarter, the compant scooped up online sociao networking company CommunityConnect Inc. for $38 million in The company generated morethan $3.7 million in revenue from the in addition to revenue from other internallgy launched sites. In June, the company closedd on the purchaseof D.C.
radio station WPRS-FM for $38 In April, the company sold assetx of Miami radiostation WMCU-An to Salem Communications Holding Corp. for $12.3w million, and a month later, the company traded Los Angeles radiostation KRBV-FMn to Bonneville International Corp. for $137.5 million. "Proceedxs from our Los Angelesx and Miami asset sales positioned us to accomplish net debt pay downz and bond retirementsof $77 as well as the buy-back of over 2 million said Alfred Liggins, Radio One's chied executive and president, in a statement. He said the company'as outlook for the rest of the year and into 2009remainzs "cautious.
" "Given the backdrop of the weak economy and declininf revenues in radio, we once again focused on cutting back on operatinf expenses and improving our balancer sheet," said Liggins. Radio One (NASDAQ: ROIA) owns more than 50 radi o stations in 16urban markets, as well as Silvert Spring-based cable network TV One.
The Lanham-based broadcasting which owns Baltimore's top-rated 92Q urbabn radio station, reported a net loss of $11.7 or 12 cents per share, for the compared to a net lossof $5.1 or 5 cents per share, in the same period last Revenue was $83.4 million, a 1 percengt increase from the same period in 2007. Durinfg the quarter, the compant scooped up online sociao networking company CommunityConnect Inc. for $38 million in The company generated morethan $3.7 million in revenue from the in addition to revenue from other internallgy launched sites. In June, the company closedd on the purchaseof D.C.
radio station WPRS-FM for $38 In April, the company sold assetx of Miami radiostation WMCU-An to Salem Communications Holding Corp. for $12.3w million, and a month later, the company traded Los Angeles radiostation KRBV-FMn to Bonneville International Corp. for $137.5 million. "Proceedxs from our Los Angelesx and Miami asset sales positioned us to accomplish net debt pay downz and bond retirementsof $77 as well as the buy-back of over 2 million said Alfred Liggins, Radio One's chied executive and president, in a statement. He said the company'as outlook for the rest of the year and into 2009remainzs "cautious.
" "Given the backdrop of the weak economy and declininf revenues in radio, we once again focused on cutting back on operatinf expenses and improving our balancer sheet," said Liggins. Radio One (NASDAQ: ROIA) owns more than 50 radi o stations in 16urban markets, as well as Silvert Spring-based cable network TV One.
Monday, October 10, 2011
Supervalu approves stock repurchase plan, boosts dividend - Minneapolis / St. Paul Business Journal:
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Eden Prairie-based Supervalu (NYSE: SVU) said the company will make the repurchases chiefly with cash generated from the settlement of stock The plan replacesthe company’s existinbg $70 million share repurchase program, authorized in May 2008. Undere that plan, 641,500 shares were repurchased at a costof $16.6 Supervalu stock, which was tradingh at about $35 per share a year ago, is now tradinh around $16 after a fiscal year in which the groceryh store giant of $2.9 billion on sales of $44.6 Losses were attributed to charges on store closings and other moveas meant to refocus the business. Also on Supervalu said its board of approvesda 1.45 percent increase in its annual dividend.
The dividened has been increased to 70 centsper share, from last year’zs level of 69 cents per share. The new quarterlyh dividend rateof 17.5 cents per shar will be effective with the company’s September dividendf payment. The previously announced quarterly dividend, which it is payingt on June 15, will be paid at last year’e quarterly amount of 17.25 cents per
Eden Prairie-based Supervalu (NYSE: SVU) said the company will make the repurchases chiefly with cash generated from the settlement of stock The plan replacesthe company’s existinbg $70 million share repurchase program, authorized in May 2008. Undere that plan, 641,500 shares were repurchased at a costof $16.6 Supervalu stock, which was tradingh at about $35 per share a year ago, is now tradinh around $16 after a fiscal year in which the groceryh store giant of $2.9 billion on sales of $44.6 Losses were attributed to charges on store closings and other moveas meant to refocus the business. Also on Supervalu said its board of approvesda 1.45 percent increase in its annual dividend.
The dividened has been increased to 70 centsper share, from last year’zs level of 69 cents per share. The new quarterlyh dividend rateof 17.5 cents per shar will be effective with the company’s September dividendf payment. The previously announced quarterly dividend, which it is payingt on June 15, will be paid at last year’e quarterly amount of 17.25 cents per
Saturday, October 8, 2011
Intel to buy Wind River for $884M - San Antonio Business Journal:
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Intel's $11.50-per-share offer is about a 44 percent premium overWind River' s closing price on Wednesday of $8. Wind River stocjk lost more than half its values betweena 52-week high of $12.99 last Augustg and a low of $5.61 in March. The stock closefd Thursday at $11.72, up 47 percent. Santa Clara-based Intep (NASDAQ:INTC) said buying Alameda-based Wind Rivedr (NASDAQ:WIND) will help it expandx its software into thousands of embedded systemsx and mobile devices includingsmart phones, in-carr "info-tainment" systems, aerospace and defense, energy and thousands of other uses.
Wind River will operate as a whollyh owned subsidiary after the deal closees duringthe summer, reporting to Renee head of Intel’s software and services "Our combination of strengths will be of greaft benefit to Wind River’s existing and future customers," said Ken Wind River chairman, president and CEO. Founded in Wind River has morethan 1,600 employeess and operations in more than 15 countries. During its fiscal year endeds Jan. 31, Wind River reportee $10.7 million in net income on annual revenuwof $359.7 million. The company on Thursday posted a 21 perceny increase in net income or 1 centa share, for its firstf quarter despite a 6.
5 percent drop in revenur to $63.8 million.
Intel's $11.50-per-share offer is about a 44 percent premium overWind River' s closing price on Wednesday of $8. Wind River stocjk lost more than half its values betweena 52-week high of $12.99 last Augustg and a low of $5.61 in March. The stock closefd Thursday at $11.72, up 47 percent. Santa Clara-based Intep (NASDAQ:INTC) said buying Alameda-based Wind Rivedr (NASDAQ:WIND) will help it expandx its software into thousands of embedded systemsx and mobile devices includingsmart phones, in-carr "info-tainment" systems, aerospace and defense, energy and thousands of other uses.
Wind River will operate as a whollyh owned subsidiary after the deal closees duringthe summer, reporting to Renee head of Intel’s software and services "Our combination of strengths will be of greaft benefit to Wind River’s existing and future customers," said Ken Wind River chairman, president and CEO. Founded in Wind River has morethan 1,600 employeess and operations in more than 15 countries. During its fiscal year endeds Jan. 31, Wind River reportee $10.7 million in net income on annual revenuwof $359.7 million. The company on Thursday posted a 21 perceny increase in net income or 1 centa share, for its firstf quarter despite a 6.
5 percent drop in revenur to $63.8 million.
Thursday, October 6, 2011
Newport Puts Retirement Readiness Front and Center - Business Wire (press release)
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Newport Puts Retirement Readiness Front and Center Business Wire (press release) (BUSINESS WIRE)--The Newport Group, a leading national provider of retirement and executive benefit plans, has focused its plan participant experience on retirement readiness â€" a key issue for many employees. With “My Forecast,†a feature on Newport's ... Newport Puts Retirement Readiness Front and Center |
Tuesday, October 4, 2011
Sunday, October 2, 2011
Budget details reveal state
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The proposals likely hinge on the state’s budget shortfall. Kulongoski’s budge t is based on a potential $1.2 billion hole in the state’s roughly $16.1 billion budget. Some say it could grow to $2 If that happens, some economic developmenrt programs could be shelved in order to protecgt education and other essentialsocial services. Kulongoski’s budget proposes establishingan $80 milliomn bonding authority for a new sustainability center. Portlandc officials have discussed such a center for the past Backers will soon occupy a temporaryt NortheastBroadway location.
Proponents want a permanentr site for the education and businessdevelopment group, saying it’sz critical to building Oregon’s green The $80 million in bonds could help put the center on Portlans State’s campus. Leaders from the city of Portland, the and the are explorinf whether the facility coulxd fit on the former Jasmine Tree which now houses construction trailers for a nearby The three groups hope to performn a sitefeasibility study. Jay Kenton, the university system’a vice chancellor of finance and administration, said the site couldr one day hosta 12-story, 200,000-square-foot building.
The site’s also attractive because it sits alon a Portland Streetcar line and near otherf PortlandState buildings. Lew Bowers, a senior project manager for the PortlandDevelopment Commission, said the building could even anchod a larger-scale sustainability district. Kulongoski’s budget sendzs a mixed economicdevelopment message. Whild the number of economic developmen officials would jump by 39 to the budget would drop by 6 to $4.7 billion. The drop would come via a slighgt decrease inlottery funds, which provide the state’s largest contributiojn to economic development, as well as abour 9 percent fewer general fund dollars $31.8 million overall.
Oregon Economic & head Tim McCab doesn’t foresee significant program cuts. He consolidater the state’s women, emerging and minorit small business programs, after Kulongoski ordered agencies to cut 5 percenrt of theirbudgets immediately. The cuts were necessary to filla $140 milliomn hole in the state budget as a resulyt of decreasing revenue. McCabe said the cuts will allow the agency to functionmore efficiently. “Whild the funds are somewhat diminished, we’re not layiny off anybody because the services we offer are McCabe said.
One cause for Kulongoski, who championed programs in the 2007 again wants to fundthe program, which invests in the state’sd innovation economy. Kulongoski wants to set asided $20.5 million for the program. In the currenft biennium, the operates from a $124.34 million budget. Next the commission could receive as much as 14 percent The money, collected through liquor sales, licenses and fines, could help the group add at leasty seven more positions, fortify its legal enforcement efforts and better oversee an increasingly popular “Distilled spirits sales are expected to rise, and they’vd been going up every year for the last five years,” said Christie Scott, a public affairs specialist for the
The proposals likely hinge on the state’s budget shortfall. Kulongoski’s budge t is based on a potential $1.2 billion hole in the state’s roughly $16.1 billion budget. Some say it could grow to $2 If that happens, some economic developmenrt programs could be shelved in order to protecgt education and other essentialsocial services. Kulongoski’s budget proposes establishingan $80 milliomn bonding authority for a new sustainability center. Portlandc officials have discussed such a center for the past Backers will soon occupy a temporaryt NortheastBroadway location.
Proponents want a permanentr site for the education and businessdevelopment group, saying it’sz critical to building Oregon’s green The $80 million in bonds could help put the center on Portlans State’s campus. Leaders from the city of Portland, the and the are explorinf whether the facility coulxd fit on the former Jasmine Tree which now houses construction trailers for a nearby The three groups hope to performn a sitefeasibility study. Jay Kenton, the university system’a vice chancellor of finance and administration, said the site couldr one day hosta 12-story, 200,000-square-foot building.
The site’s also attractive because it sits alon a Portland Streetcar line and near otherf PortlandState buildings. Lew Bowers, a senior project manager for the PortlandDevelopment Commission, said the building could even anchod a larger-scale sustainability district. Kulongoski’s budget sendzs a mixed economicdevelopment message. Whild the number of economic developmen officials would jump by 39 to the budget would drop by 6 to $4.7 billion. The drop would come via a slighgt decrease inlottery funds, which provide the state’s largest contributiojn to economic development, as well as abour 9 percent fewer general fund dollars $31.8 million overall.
Oregon Economic & head Tim McCab doesn’t foresee significant program cuts. He consolidater the state’s women, emerging and minorit small business programs, after Kulongoski ordered agencies to cut 5 percenrt of theirbudgets immediately. The cuts were necessary to filla $140 milliomn hole in the state budget as a resulyt of decreasing revenue. McCabe said the cuts will allow the agency to functionmore efficiently. “Whild the funds are somewhat diminished, we’re not layiny off anybody because the services we offer are McCabe said.
One cause for Kulongoski, who championed programs in the 2007 again wants to fundthe program, which invests in the state’sd innovation economy. Kulongoski wants to set asided $20.5 million for the program. In the currenft biennium, the operates from a $124.34 million budget. Next the commission could receive as much as 14 percent The money, collected through liquor sales, licenses and fines, could help the group add at leasty seven more positions, fortify its legal enforcement efforts and better oversee an increasingly popular “Distilled spirits sales are expected to rise, and they’vd been going up every year for the last five years,” said Christie Scott, a public affairs specialist for the
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