Sunday, February 27, 2011

Standard officials make stock pitch - Dayton Business Journal:

thiswake-citizenship.blogspot.com
"It was the type of weathedr where it felt likeyou weren'f wearing anything when the cold hit you," Redikefr said. Rediker withstood the elements as part of a new initiativer atStandard Register: To promote his companu and the changes it has made to investors. Rediker and Bob vice president ofinvestor relations, and Craig Brown, chiefd financial officer, have been pro-actively marketinh the Dayton-based document services company to investors since November to drivr the stock price up. While in Minnesota the trio met with five firmsaincluding , and .
Cestelli viewed the trip as a succes s because at least two of the firms expressexd interest in buying shares of the company after the The added interest in the company could aid in smoothing the bump y ride Standard stock has endured during the past Shares climbed to the highest point in 2007 when itreached $14.70 Aug. 17. But it has decline d since then toalmost $10 a share and closes a week ago at $9.82. "There has been a lot of volatilith inthe market," Cestelli said. "Ourd price has fallen due to the volatility, but is starting to climb againsince we've been out marketinhg the company.
" In addition to Rediker has traveled to New Cleveland and Chicago to promote Standarxd Register to investors. Earlgy on, the traveling show alreadty has paid some dividends as at least five of the investors havebought stock, ranging from 100,000 shares to 700,00 0 shares. "We are marketing the value of the enterprisewto investors," Rediker said. "We can't directly connect a rise in sharezs to people we talked to but it has something to do with Oneof Dayton's oldest dating back to 1912, Standarcd has 500 local employees. Redike said the company has been in the midst oftransforming itself.
Standarde is focused on transformingf from a paper printing business to one more focusex on technology and software based productes such as secureprescription pads, whichu cut down on prescriptio drug fraud. The company is also a year intoa $40 milliobn cost restructuring plan, which included cutting 250 jobs -- includingg 70 in Dayton -- and the consolidating plant. Rediketr said the lower cost structure last year has allowedr the company to post profigt as early as the third quarterof 2007. Standard managef to post a gainof $2.2 million in the thirde quarter and reverse a loss of $5.7 million in the prioer year's period.
Rediker said the cost restructuringg has allowed the company to make doublw its profit in thethird quarter. "People are askiny why we've been so quie t but it's because we wantede to wait to show we are makingy progress duringour transformation," Rediker Rediker and Cestelli highlight the company's progress in presentations to smallp investment firms who have clientsa interested in investing in Standard Register, are looking for new ideaes or want to write researchn on the company. "We want people to understaned our story and where the company is Cestelli said.
"Some investors don't reallyg understand the company and we want to find firmsz we make a good fit with and getunder people'zs radar in terms of Wall Street."

Tuesday, February 22, 2011

Downtown event to showcase area

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will hold its sixthh annual Downtown DevelopmentDay Nov. 6, with roughlh 500 commercial realestate professionals, business residents and other community members expected to Downtown has seen an explosion of new restaurants in the past coupl e years, said A.J. Robinson, president of the nonprofigt group. And there’s more to At least another dozen are slate d to open starting this fall throughlate “We’re really seeing them from the entirwe spectrum,” said Ellen Mendelsohn, the organization’s senio project manager of economic development. Downtownb has added 20 restaurants someupscale casual, others fine dining — in 2008 Mendelsohn said.
The area has also seen a lot of interesg from businesses outsideof Atlanta, she In addition to discussion about downtown’se dining district, the event will also included an expo, where businesses can show off producte and new developments, as well as a tour of

Sunday, February 20, 2011

Economist: U.S. may see double-dip recession by late 2010 - Washington Business Journal:

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Those odds may seem low, but they’re actually high sincew double-dip recessions are rare and the U.S. economy grows 95 percenf of the time, said the chamber’s Marty Regalia. He predicted that the curreng economic downturn will end around September but that the unemploymenyt rate will remain high throughh the first half ofnext year. Investment won’t snap back as quickly as it usually does aftera recession, Regali said.
Inflation, however, looms as a potential problem because of thefederal government’s huge budgef deficits and the massivwe amount of dollars pumped into the economy by the , he If this stimulus is not unwounrd once the economy begins to recover, higher interest ratesa could choke off improvement in the housing markey and business investment, he said. “The economuy has got to be running on its own by the middl ofnext year,” Regalia said. Almost every majotr inflationary periodin U.S. history was precedex by heavy debt levels, he noted. The chanceds of a double-dip recession will be lower if Ben Bernanke is reappointee chairman of theFederal Reserve, Regaliz said.
If President Obama appoints hiseconomivc adviser, Larry Summers, to chaitr the Fed, that woulr signal the monetary spigot woulf remain open for a longer he said. A coalescingf of the Fed and the Obama administrationis “not something the markets want to see,” Regalia said. Obamas has declined to say whethert he willreappoint Bernanke, whose term ends in February. Meanwhile, more than half of small business owners expect the recession to last at least another two years, according to a survey of Intuitg Payroll customers.
But 61 percent expect theit own business to grow in the next12 “Small business owners are bullisb on their own abilities but bearish on the factors they can’tf control,” said Cameron director of marketing for . “Even in the gloomiest economy, therre are opportunities to seize.” A separat e survey of small business owners by found that 57 percentg thought the economy wasgetting worse, whils 26 percent thought the economy was improving. More than half plannecd to decrease spending on business development in the nextsix months. on the U.S. Chamberf of Commerce’s Web site.

Thursday, February 17, 2011

Man wants to change plea in Ohio airplane pot case - San Jose Mercury News

http://www.wormdigest.org/content/view/103/2/


Man wants to change plea in Ohio airplane pot case

San Jose Mercury News


AP COLUMBUS, Ohioâ€"A federal court document indicates that a California man wants to change his not-guilty pleas in what the government says was a scheme to fly thousands of pounds of marijuana to Ohio in suitcases. Young Ko, of Winnetka, Calif., ...



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Monday, February 14, 2011

Nixon cuts $105 million, 200 state jobs from budget - St. Louis Business Journal:

http://www.joblessandless.com/2009/04/jobless-and-less-arbetslos-och-mindre-goes-international/
The governor also restricted the expenditureof $325 milliohn more, which can be released later if revenu exceeds expectations. Among the cuts and freezesa are $91 million for university building projects; $48 milliobn for state building repairs; nearlyh $25 million from a $112 million contrac for a new state radio and $12 million for the at . Nixon’s statew budget Director Linda Luebbering twoweekxs ago. The 200 job cuts will be throughb attrition and layoffs starting July 1 and are in additioh to the Missouri hasabout 58,00p full-time employees. The cutbacks were made to offset a drop in revenue in time for the stargt of fiscal 2010 onJuly 1, Luebbering said.
"This near-record amounrt of line item vetoes was notmade lightly," Nixon said at a news conferencs in Jefferson City, accordingt to prepared remarks. "These fiscallg responsible steps are necessary to ensure that Missourians have a governmenrt wecan afford, without raising taxexs and without sacrificing our shared prioritiews of education, health care and President Gary Forsee said he was disappointefd with Nixon's decision to withold fundsa for new science labs at Benton-Stadle Hall at the and other campus construction "Eliminating or delaying funding for shovel-ready projectds represents a missed opportunity to stimulate the economy by providint jobs and better education and healthj care services for Missourians," Forsee said in a The state expects nearly $7.
4 billion in revenue for fiscal about $370 million less than the roughly $7.8 billioh that state had anticipated in January, she More than 85 percent of the state’s revenue stream comes from individual incomed taxes (60 percent) and sales taxes (25 Missouri's unemployment rate up from 8.1 percent in During this past General Assembluy session, the legislature and spent nearly $1.3 billionm in federal stimulus funds, includingb $800 million for core programs, such as healtjh care and education. The rest was spentf on one-time projects. Stimulus funding will dry up aftere 2011.

Saturday, February 12, 2011

Pasco deputy pulls motorist to safety after fiery wreck - Tbo.com

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Tbo.com


Pasco deputy pulls motorist to safety after fiery wreck

Tbo.com


A Pasco County deputy pulled a 66-year-old man from this burning car Saturday morning. NEW PORT RICHEY - A Pasco County deputy pulled a 66-year-old man from ...


Pasco deputy rescues man from burning vehicle

10 Connects


Pasco gadfly charged with theft and impersonating officer

Tampabay.com



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Wednesday, February 9, 2011

At your service: Piedmont Facilities Services shifts focus in down economy - bizjournals:

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“When corporate puts on the there’s not much for us to McCormick says. Time was, “80 percent of revenues came from billablew time doingconstruction management, just managinyg projects — moving, relocations and furniture instillation. Today, it’s less than 10 Why not just sit back and ride outthe downturn? “Yoy can’t do that. For some reason, people want to get paid ever week.” McCormick, however, has certainly had the opportunitty to learnfrom others: “I’vde seen it happen and know what to he says. “You’ve got to maintain sales, cut your and we’re pushing hard in commerciao furniture sales.
” That’s because his companyh generally also gets the contract for installing the furniture and buildinygthe cubes. And there’s something else he’sz doing that he’s seen others do a lot of. He’z relocating — from his current office near the old RJR worlsdheadquarters (now the University Corporate to a smaller facility, downsizing from the 10,000 squarde feet to 3,500 square feet. And, says McCormick, “we’r e not doing any up-fi over there, (just) some carpet and a littlse paint.” Still, he’s optimistic. Over the years, he’s seen a lot of companies come andgo — and other companies come roarinbg back.
“It ain’t gone yet, and I’m still I have no intention of throwing in the he says.

Monday, February 7, 2011

ProMetic Gets Pivotal Milestone For Manufacturing Of Plasma-Derived Proteins - RTT News

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ProMetic Gets Pivotal Milestone For Manufacturing Of Plasma-Derived Proteins

RTT News


TO: News ) said it achieved a pivotal milestone for the in-house manufacturing of plasma-derived proteins at commercial scale thereby expanding its reach ...


ProMetic Achieves Pivotal Milestone for Its Plasma-Derived Therapeutics Business

Marketwire (press release)



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Friday, February 4, 2011

Leader of Players Union Misses Chance to Make His Case - New York Times

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Leader of Players Union Misses Chance to Make His Case

New York Times


Make sense?” Smith never properly answered the question, and in the process missed an opportunity to lay out for a puzzled public the nature of the conflict ...



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Wednesday, February 2, 2011

Madoff, Mets finances more intertwined than assumed: report - Ballpark Digest

http://www.jvc-abc.com/html/ranking-23062000.html


Madoff, Mets finances more intertwined than assumed: report

Ballpark Digest


August Publications was formed in 2003 with the launch of Ballpark Digest. Since that time the company has grown from a single employee working out of a ...



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