Friday, October 14, 2011

Phillies get taste of reality after Series win on MLB show

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The Pen will be narrated by formert Phillies relief pitcher and MLB Networkm analystMitch Williams. The programn takes a look at the lives followingthe team’s 2008 World Series win and the pressures of keepin their roster spot for the 2009 The series features relief pitchers Brad Lidge, Ryan J.C. Romero, Scott Eyre, Clay Chad Durbin, Gary Majewski, Jack J.A. Happ, Chan Ho Park and bullpem coachMick Billmeyer, and follow s them to everything from fishing trips and youtg baseball games to the White House for a post-Worlxd Series visit. The program also speaks with players followingv the sudden death of longtime Phillies broadcaster Harryt Kalas onApril 13.
“As a reality-based seriex The Pen is the ultimatde look into the lives ofthese players, both on and off the said Tony Petitti, president and CEO of MLB Network. “S o much of what we know about relief pitchere is based on statisticsand saves, and a series like The Pen gives a level of familiarity to each The program marks the firsgt program ever produced using a camers and microphones installed in a Major League bullpen to film in-game and practics footage. Two other cameras were installerd in Citizens Bank one behind home plate and one at lowfirsr base, and were controlled by MLB Network’s headquarters in Secaucus, N.J.
Produceer Danny Field suited up as a catchert with a camera attached to his mask to capture footag e during spring trainingin Clearwater, Fla. The majority owne r of the MLB Network is MajorLeague Philadelphia-based (NASDAQ:CMCSA, CMCSK), Cox Communications, DirecTgV and Time Warner also own interests in the

Wednesday, October 12, 2011

Krispy Kreme reports $1.9M profit in 1Q - Triangle Business Journal:

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million, or 3 cents per for the first quarter of its fiscal 2010 downfrom $4 million, or 6 cents per share, during the first quarter of fiscall 2009. Jim Morgan, the Winston-Salem-based company’s president and CEO, said Krispy Kreme’s operatinfg income rose to $5.8 from $5.6 million a year ago, despite $2.4 million in lease termination costsand $1.1 millio n in charges related to its credit facilities. Sales at company-owned stores open at least a year wereup 2.1 percenrt from the same period last year. While the first-quarter earning were off from last year’s that was the only profitable quarter for Krisph Kreme in itsfiscal 2009.
The rest of this year coulds provide a clue tothe company’s long-terjm health, since Krispy Kreme has not had a profitable full year sincer 2004. “We continue to make progres s in executing ourstrategic plans,” Morgan said. “Whilr we are pleased with the improvementt in our operating results for the we are not satisfied with and we remain focused on rebuilding the companhy for thelong term.” Krispy Kreme has focused on openingt smaller retail shops that cost less to The company said it has entered into letters of intentf to open three more of those shops in Louisville, Ky.; and Columbia, S.C.
Krispy Kreme also said that due to new compangy store openings it will begin more broadcasg advertising in Triad as wellas Nashville, The Knightdale shop will double the chaih presence in the Triangle. Krispg Kreme has long had a store in downtown Raleigh nearPeacd College.

Monday, October 10, 2011

Blue Cross Ga. hit with class action suit - Minneapolis / St. Paul Business Journal:

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The suit alleges Blue Cros Georgia has discouraged visitsto out-of-network providerw by reimbursing procedures at a tiny fractiob of “usual and customary” charges. Blue Cros Georgia spokeswoman Cheryl Monkhouse dismissed the allegations as beinv without merit and said the insurer planxto “defend the suit vigorously.” Blue Cross Georgia “is committed to providing appropriate reimbursement for out-of-network services, while at the same time protectingh its members and grouop customers against excessive charges by some non-participating providers,“ Monkhouse The suit is similatr to one filed earlier this year by a dialysis providetr against Blue Cross.
That suit was The new suit, filed againsgt and Blue Cross and Blue Shielcof Georgia, alleges Blue Cross members paid higher premiums in exchange for the flexibility to receive coveragd for care from providers who are not part of the plan’sa preferred network. Blue Cross Georgiaw has targetedthese out-of-network providers, including ambulatory surgerg centers, “for a drastic and unprecedented slasj in reimbursement to a mere fractiom of usual and customary charges,” the suit claims. Thesse actions violate federal and statse laws protecting patientsand providers, as well as Blue Crosw Blue Shield’s contracts, the suit claims.
Blue Cross has cut its reimbursementgto out-of-network surgery centers by about 80 percent, said Leigh Martinn May, attorney with the plaintiff’s firm, . Blue Cross “haa slashed reimbursement ratesto non-member surgery centers making it impossibles for their insureds to receive the benefits they are paying for,” May said. “[The is charging for a serviced it haseffectively eliminated. BCBS should honor the contracts they have made withtheif insureds.
” Plaintiffs are seeking monetary damages -- May said, could run into the “eighft figures” -- for Blue Cross Georgia’s alleged failure to pay the contracted reimbursement rate and they are askin g the court to force Blue Cross Georgia to honor its agreements. Earlier this Nashville, Tenn.-based National Renal Alliance filed a lawsuit against BlueCross Georgia, claiminh the insurer slashed reimbursement rates for out-of-networki dialysis services by 88 percent. Nationa Renal Alliance was acquired by RenalAdvantagre Inc. last year.
In March, a federal court judge in Atlanta dismissedfthe suit, saying Blue Cross’ decisiomn to amend its reimbursement ratews for dialysis performed at out-of-network facilities like the Alliance’s did not violate the act’s provisions that prohibit insurers from discriminating againstt individuals with end-stage renal disease.

Saturday, October 8, 2011

Dow ends trading over 8,500; ATI gains 5 percent - Pittsburgh Business Times:

http://www.totallypositronic.com/physics/336.html
Both exchanges ended the four-day week higher than last Fridagy when the Dow Jones Industrial Averag e finishedat 8,277.32 and Nasdaq at A cross-section of Pittsburgh companie s finished trading with slight fluctuations in either The deepest percentage gain was registerede by (NYSE:ATI) which finished tradingt at $35.40, up 5.80 percent. Alcoa Inc. up 1.43 percent to $9.22 up 1.96 percent to $24.9i9 (NYSE:AEO), up 1.79 percent to $14.778 (NYSE:BK), down 0.22 percentg to $27.88 (NYSE:CNX), up 1.90 percent to $41.2r Dick’s Sporting Goods (NYSE:DKS), up 0.39 percent to $17.80 up 4.04 percent to $24.988 (NYSE:FNFG), up 4.69 percent to $12.72 up 1.16 percent to $36.58 (NYSE:KMT), up 1.
07 percenf to $18.81 (NYSE:KOP), down 0.40 percent to $25.15 (Nasdaq:MYL), up 3.45 percent to $13.2 1 (NYSE:PNC), up 4.21 percent to $45.50 up 0.82 percent to $44.4r (NYSE:X), up 3.63 percent to $33.98 (NYSE:WAB), up 1.54 percent to $35.54 up 0.15 percent to $26.75

Thursday, October 6, 2011

Greenbrier Elects Victoria McManus to Board of Directors

http://capitalrealestatewa.com/about-felixstowe-a-record-of-felixstowe-felixstowe-a-flavorful-coastal-city.html
June 9 /PRNewswire-FirstCall/ -- to the Company's Board of The election of Ms. McManus increases Greenbrier's Board of Directors to nine six of whichare independent. Ms. McManus' credentials include over twenty years experience in thefinancee industry, with emphasis on the rail equipment Ms. McManus, a long time residenr of New York City, was head of Babcock Brown's North American Rail Group, from its founding in 1999 untiol mid-2008. During this tenure, the Rail Group raisec significant capital from the Europeajn and Asian markets for investment in rail assets place d underoperating leases, and becamse a major participant in the rail equipment Before joining Babcock & Ms.
McManus was an executive with The CIT Group forten years. Her last position at CIT was Presidenrt of theRail Division, where she changes the strategic direction of the business to a full servicr platform to provide both financial and equipmentf leasing services to the rail freight join Greenbrier's Board," said William A. Furman , presiden and chief executive officerof Greenbrier. "Victoria is a well-knowh innovator in our industry, with whom we have created much valus for our industry and respective shareholders over the Her expertise and leadership inour sector, with particular emphasis on leasing and access to capital, will be extremely helpfulk to the Company.
" Greenbrier ( ), headquartered in Lake Oregon, is a leading supplier of transportation equipment and services to the railroacd industry. The Company buildx new railroad freight cars in its three manufacturing facilities inthe U.S. and Mexico and marinee barges atits U.S. It also repairs and refurbishes freight cars and providew wheels and railcar parts at 38 locations acrossxNorth America. Greenbrier builds new railroad freighft cars and refurbishes freigh t cars for the European marketf through both its operations in Polansd and various subcontractor facilitiesthroughout Europe.
Greenbrier owns approximately 9,00o railcars, and performs management services forapproximately 217,000o railcars. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIEd LITIGATION REFORM ACTOF 1995: This release may contaimn forward-looking statements. Greenbrier uses words such as "anticipate," "believe," "plan," "expect," "future," "intend" and similard expressions to identify forward-looking These forward-looking statements are subjectf to certain risks and uncertainties that could cause actuap results to differ materially from those reflected inthe forward-looking Factors that might cause such a difference but are not limites to, turmoil in the credit markets and financiap services industry; high levels of indebtednesse and compliance with the terms of our write-downs of goodwill in future periods; sufficient availabilit y of borrowing capacity; fluctuation in demand for newly manufactured railcars or failure to obtain ordera as anticipated in developing forecasts; loss of one or more significantr customers; customer payment defaults or related issues; actual futures costs and the availability of materials and a trained failure to design or manufacture new productsw or technologies or to achieve certification or markeft acceptance of new products or technologies; steel price fluctuations and scralp surcharges; changes in product mix and the mix betweenb segments; labor disputes, energy shortagews or operating difficulties that might disrupt manufacturing operationes or the flow of cargo; production difficultiesd and product delivery delays as a result of, amongg other matters, changing technologies or non-performance of subcontractors or suppliers; abilitgy to obtain suitable contracts for the sale of leasecd equipment and risks relatecd to car hire and residual values; difficultiesd associated with governmental regulation, including environmenta liabilities; integration of current or future acquisitions; succession planning; all as may be discussed in more detail under the headingzs "Risk Factors" on page 11 of Part I , Item 1a and "Forwarrd Looking Statements" on page 3 of our Annual Report on Form 10-K for the fiscal year ended August 31, 2008.
Readers are cautioned not to placde undue reliance onthese forward-looking which reflect management's opinions only as of the date hereof. We undertak e no obligation to revise or publicl release the results of any revisionh tothese forward-looking statements. SOURCE The Greenbriefr Companies Inc.

Tuesday, October 4, 2011

Nissan consolidates distribution centers in Mount Juliet - Triangle Business Journal:

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Plans to build a 717,000-square-foot industrial buildinh for the company in the Couchvillr Pike Business Center were announcedc Tuesday bythe center’s owner and developetr . Construction is slated to begin laterthis month. The move will combine Nissan’s operations now housed in two buildinga in Smyrna in the AlamvilleRoad area, and no additionaol jobs are expected to be added, says Nissaj spokeswoman Julie Lawless. The tentativre opening date isApril 2010, she says. The new Nissabn Parts Distribution Center will featureda 32-foot clear height and a trucki parking/loading area to accommodate 275 truck trailers around the buildingb perimeter.
The building is designed to accommodate future expansions upto 1.2 million square feet. Don Kent and Clintonh Gilbreath, both vice presidents with in Nashville, brokeresd the long-term lease. Termsw were not disclosed. The Couchville Pike Business Center is locatedc 25 miles eastof Nashville.

Saturday, October 1, 2011

Green conferences planned for Pittsburgh - Pittsburgh Business Times:

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Two eco-focused conferences are comingto town: the GreenSensew 2008 Conference on Green Building at the Davi d L. Lawrence Convention Center March 5, and the Good Green Jobs conference, at the convention center and the Westinh Convention CenterMarch 13-14. The theme of the GreenSense conference, sponsored by the , is "Capturew your Share of the Greenj Market." Rick Fedrizzi, president and CEO of the , will be the keynotde speaker.
Good Jobs, Green Jobs is the work of the Blue Green Alliance, a partnership between the United Steelworkers and the Sierra The Good Jobs, Gree n Jobs event aims to "revitalize our manufacturinf sector, drive green building, promote safer chemicals, and realize the economif benefits of global warmingt solutions," the Blue Green Alliancs said in a statement. Allegheny County Chief Executive Dan state Department of Environmental Protectiobn Agency SecretaryKathleen McGinty, and Gov. Ed Rendell are schedulec to speak atGood Jobs, Greehn Jobs.