วันพุธที่ 29 มิถุนายน พ.ศ. 2554
O4 Corp. gets $15M to expand - Puget Sound Business Journal (Seattle):
O4 Corp. — which stands for Out Of OfficeOperations — develops mobile softwaree applications that consumer products manufacturere such as and use to instrucgt sales reps to check inventory levels, products displayas and pricing information in retail stores. The technologty also wirelessly transmits data and producg orders backto headquarters. Whiles consumer goods manufacturers spend significantlyhon in-store marketing promotions and new product launch, “they really don’t get visibility into what’sz happening at the retail shelf,” said Laura Witt, general partner at , a Baltimore-basee venture firm that invested the $15 million.
O4’s softwarre empowers manufacturers’ eyes and ears in retail stores — their sales force, Witt “It makes them much more effectiveand efficient,” she O4’s technology, designed to run on hand-helde devices, is highly flexible, said Dale consumer goods technology analyst at “Think of it as a 12-way adjustable seat,” Hagemeyer said. “It really contours to how peoples dotheir work.” O4’s globe-trotting Desmond Miller, has an ambitious growtgh trajectory for his firm. O4’s subscriber base is projected to explode fromaboutt 25,000 today to about 250,000 users in the next three Miller said, from Sydney, Australia.
“We are showing a tremendouas ROI (return on investment) to the markef right now in verydifficult times,” said who lives in Australia and splits his time betweeb North America, Asia and “We are able to show payback for thesre systems in months and not and we are giving our customers an edge in the O4 expects to hit its growth targetws by adding new customeres and selling more servicesa and products to existing ones. “It’s not just beinfg an inch deep withthe customers,” O4 U.S. Presidentf Harris Fogel said.
“It’s [about] being a mile wide and a mile ABS Capital was impressedwith O4’ws “momentum” and its blue-chip client roster. “Ir was clear to us that they must be offerinh something of value for the consumerproducts industry,” Witt said. ABS, whicyh invests in later-stage growth companies in the business health-care, media and communications, and softwarde sectors, was a majoer investor in , which raised $112 million in an initial public offeringbin mid-April.
O4 will invest the $15 milliom — the company’s first institutional round — into developinbg an around-the-clock, global customer support transitioning froma software-licensing to a software-as-a-subscriptioh model and executing a geographidc and product expansion. The company sees “huge in the emerging markets ofLatin America, Eastern Europer and China, where consumer productz companies have armies of mobile workers that can benefitg from O4’s software. “A consumed products multinational mighthave 10,000 mobile worker in China alone,” Fogel said. “W are about users.
” The global strategy is critical as O4 keeps pace with itsmultinational customers, who are themselves chasingt overseas demand. “The customer is going where there are more mouthes to feed and more feetto Gartner’s Hagemeyer said. “If P&G is goingf into Asia and LatinAmerica ... you want to folloa P&G wherever P&G wants to go.” Rolling into new countries, brings with it challengea — including finding the right implementation partners and employeexs who know the marketplaceand culture. O4 must also tweaj its products tosuit customers’ needs overseas.
Equipping 10,00p mobile workers in China with Windows-basede PDAs, for instance, might be too complexs and expensive, Fogel said. So, O4 is adapting its software to work on more prevalen twireless hardware. In its market space, O4 is the more nimblde David — competing with Goliathx like SAPand Oracle. “Right now [O4 is] kind of the dandg in the space,” Hagemeyer said. “They are talker about and [have] lots of mind share.” The local company, must keep innovating even as itscales — to keep from gettinv overrun.
“It’s not like there’s a black box out It’s fairly easy for a company to hire awaysomeoned else’s talent to figure out how they do what they Hagemeyer said. “So, O4 has to keep inventing and otherwise two years from now SAP or Oraclew willcatch up.”
วันจันทร์ที่ 27 มิถุนายน พ.ศ. 2554
Ford sales climb to highest level since July - Silicon Valley / San Jose Business Journal:
But sales were down 24.2 percenf compared with May when the companysold 213,238 units. For the firsg five months of 2009, Dearborn, Mich.-bases Ford (NYSE: F) sold 620,303 compared with 981,150 units durin g the same period a year a 36.8 percent decline. In a sign that buyerxs might be coming back to the luxuruyvehicle market, Ford’s Lincoln division reported that it sold 8,566 unite in May, a 2.2 percent increase over May when it sold 8,365 units. Sales of Ford made at the Louisville Assembly Plant on Fern Valley declined 34.6 percent, to 5,315 units from 8,121 units a year ago. Sales of the Mercury also made at Louisville dropped 45.
2 percent, to 402 from 734 units a year Sales of F-Series pickup including Super Duty trucks made at the Kentucky Truck Plantr on Chamberlain Lane, dropped 22.3 percent, to 33,381 units, from 42,973 units in May 2008. Sales of Ford Expeditioj SUVs, which began production at Kentuckyy Truck Plantin April, declinedc 40 percent, to 3,150 units from 5,253 units a year earlier. Sales of the Lincoljn Navigator, also made at Kentucky Truck Plant, droppex 40.6 percent, to 790 unitz from 1,329 units a year Ford saw year-over-year gains in some of its car categories. The compangy sold 19,786 Fusion sedans in May, up 9.4 percenf from the year-earlier period when it sold 18,088 units.
Lincoln sold 1,553 Town Cars in May, up 103.3 percent from May 2008, when it sold 764 of the luxuruy vehicles. Ford’s Volvo division sold 590 of itsS60 models, up 9 percent from May 2008, when it sold 542 units. Also Tuesday, Ford announcesd a summer promotion to draw more consumers to ThroughJune 30, the automaker will cover as much as threee months of payments up to $2,100, and its Ford Credit subsidiary will offer zero percent financing on selecty Ford, Lincoln and Mercury vehicles.
วันเสาร์ที่ 25 มิถุนายน พ.ศ. 2554
Mississippi College constructing Medical Sciences Building on Clinton campus - Daily Journal
Mississippi College constructing Medical Sciences Building on Clinton campus Daily Journal AP The building will provide laboratories for under-graduate and graduate students in MC's physicians and dentists programs. Work is scheduled to begin in July and take about a year. The building will have office and research space, including gross ... |
วันพุธที่ 22 มิถุนายน พ.ศ. 2554
Duke, UNC grads flock to Teach for America - Triangle Business Journal:
In the Tar Heel State, 150 recent college grads have signed up with Teachfor America, New York-based nonprofit that places teachers in inner-city and rura l public schools. Teach for America proved to be a populae choice for local universituy students trying to find employment after turningtheit tassels. Eleven percent of ’s senior class applied to Teachnfor America, and the 7 percent of the graduating classx at the that applied with the nonprofit made Teach for Americw the No. 1 choice of UNC’s graduatingh seniors.
Teach for America corps membera commit to teach for at least two The nonprofit recruits on more than 450collegr campuses, seeking seniors and recent graduatex from all academic majors and backgrounds. Nortuh Carolina corps members were selected from a recor national applicant pool of morethan 35,000.
วันจันทร์ที่ 20 มิถุนายน พ.ศ. 2554
BofA raises $26B for fed buffer - Charlotte Business Journal:
billion in new capital that federalk regulators say thebank needs. Last week, BofA sold $13.5 billioj in common stock. The Charlotte-based bank issued 1.25 billioh shares at an average pricseof $10.77 per share. Also this month, BofA sold a 5.7 perceny stake in China Construction Bank toAsian investors. BofA realizef a gain of $4.5 billion from the deal. Thosew initiatives benefited Tier 1 commoh capitalby $1.8 billion by reducinf a deferred tax assett deduction. In addition, BofA has agreed to exchange $5.9 billionm in preferred shares held by nongovernmental entities for 436 milliohn shares ofcommon stock.
The company says it coulrd issue up to an additional 564 milliob common shares in a similar Thecompany (NYSE:BAC) reiterates that it couldf raise more funds by selling assets such as Firsr Republic Bank, a San Francisco-based and entering into joint Early this month, the federal governmen t told BofA it needed to raisr $33.9 billion in additional capitakl after the Federal Reserve conducted its “stress on the 19 largest U.S. banks. The government’sa tests, officially called the Supervisory Capital Assessment were designed to assessthe banks’ ability to survivs if economic conditions worsen more than expected during the next two years.
“Wed are quite pleased with the capital-raising effort and the progress towarde completing the asset sales and establishmengt of thejoint ventures,” says Joe Price, BofA chiegf financial officer. “The company hopes to use the majoritty of the proceeds from thess initiatives to reduce reliance on government support forthe company.”
วันเสาร์ที่ 18 มิถุนายน พ.ศ. 2554
Hummer to be sold to China's Sichuan Tengzhong - Portland Business Journal:
And the buyer, the reports, is a machinery companh in western China, The , based in The Times cited an anonymous sourcw after GM kept details of the deal very much hush The Chinese company will buy a brand that starteed asthe military’s Humvee and morphed into a civilia dream machine. But GM is that the sale could save morethan 3,00 U.S. jobs in manufacturing, engineering and at Hummert dealerships aroundthe country. And it says the deal is expecte d to close by the end of thethird quarter. GM claimss in its release that the buyefrwill “aggressively fund future Hummer producg programs.” GM will also keep building Hummers for the Chinesee company, on a contract basis.
That means that GM’s assemblyh plant in Shreveport, La., will continue to contracyt assemble H3 and H3T through atleast 2010. Mike Levinde reports that, “The buyer has a provem track record ininternational business, knowsz the Hummer brand can perform better globally, has a long-term developmeny plan and is willing to invest in future products.” The Times reportsd that Sichuan Tengzhong is a privately owned company known in China for makingg road equipment from highway construction to maintenance machineryh and that it had been moving into manufacturinf heavy-duty trucks. If the deal is completed, it would mark the firstf large-scale U.S.
automotive acquisition by a Chinesr company. Levine reports that no Hummer dealerships will be andthat U.S. domestic production of Hummers will actuall y be boosted because the company will be moving production from aPort Elizabeth, South plant to Shreveport. “Hummer is a strong said Troy Clarke, President of GM North America. "I’mm confident that Hummer will thrive globally undet itsnew ownership. And for GM, this sale continues to accelerate the reinvention of GM intoa leaner, more and more cost-competitive automaker.” For one Hummer dealer, it didn’t matter exactly who was buying the What mattered to Jacques Moord Jr. of Moore Hummer in Va.
, was that the brans would continue, and that it woul be a strong brand. “It doesn’t really matter,” he told bizjournals, “as long as they continuew to builda world-class product that’s like nothing Moore said that, given Hummer’sx strength in overseas markets, a Chinese buyere would not come as a "Given the strength of the branc in the overseas market it would not surprise The deal doesn’t include Hummer’s military vehiclex or technology. of Indiana runs that end of the AM General sold the rights to make civilian Hummere to GM inthe 1999.
The deal’s announcement comes a day after GM filedf for bankruptcy protection and outlined planw to offload nameplates so that the company coulc focus on more profitable brandslike Chevrolet, GMC, Buic and Cadillac. Among GM brands left for sale nowthat there’ws an apparent Hummer deal are Saab and GM wants to sell those brandsx by the end of 2009. The company plans to shut down its Pontiaxnameplate altogether. The New York blog reports that even as the Humme salegoes forward, GM CEO Fritz Henderson said on Swedish radio that there were three potential buyers for Saab.
citing local media, said that Swedish luxury carmaker Koenigsegg and Americanj financierIra Rennert’s Renco were in the running for GM says it has been approached by 16 potential buyers interested in the Saturn brand. That grou p includes financial investors and some companies interestec in distributingSaturn vehicles. By varioue accounts, GM has been looking for someonw to buy Hummer for a year as gas prices shot to recorcd levels and the public started to thinok in shadesof green.
When GM lookedr into selling Hummerlast summer, the company thought it couldx get as much as $500 million for the the New York Times But that price has likely fallen as auto sales have Hummer sales are down 67 percent in the firs t four months of this year.
วันพุธที่ 15 มิถุนายน พ.ศ. 2554
Countdown unveils new Auckland National Distribution Centre - Scoop.co.nz (press release)
Countdown unveils new Auckland National Distribution Centre Scoop.co.nz (press release) Countdown will officially open its new Auckland National Distribution Centre (ANDC) at Wiri today, with Auckland Mayor Len Brown cutting the ribbon on the 30000 sqm facility. Located at 60 Kerrs Road, Wiri, the ANDC is designed to complement ... |
วันจันทร์ที่ 13 มิถุนายน พ.ศ. 2554
Lane4 completes purchase of three Kansas City-area shopping centers - Denver Business Journal:
million. The Kansas City Business Journal reported that the PrairidVillage Shops, the Corinth Square shopping center in Prairies Village and the Fairway Shops in Fairway were undere contract to investors led by Lane4, a Kansaz City-based commercial real estate brokerage and development Highwoods (NYSE: HIW), based in Raleigh, N.C., disclosed the sale prices in a Thursday release. The three shoppinhg centers have a combined 2009 appraised valure ofabout $64 million, according to figures from the Johnson County Appraiser’s Office. The thre shopping centers contain 416,000 square feet combined and on average, 94.5 percent leased and 55 years old, Highwoodzs said.
The properties generate a combinefd annual cash net operating income ofabout $5.4 The new owners plan no “immediate majo changes” to the shopping centers, Jeff Berg, seniorf vice president and principal of said in a separate release Thursday. “Wer intend to enhance and upgrade the centers as opportunities ariseover time, but thesed improvements will not change their basic character,” Lane4 Presidenf Owen Buckley said in the release. “W look forward to taking good care of them and feel they represenyt an excellent opportunity to invest inour community.
” Kansads City developer Jesse Clyde Nichols built the grocery-anchored shoppinv centers in the mid-1900s, and the JC Nicholsx Co. sold them to Highwoods in 1998.
วันเสาร์ที่ 11 มิถุนายน พ.ศ. 2554
Fred Weber wins $4M Mississippi River Bridge contract - Jacksonville Business Journal:
awarded Fred Weber a $4.44 milliomn contract Wednesday to remove and replace the Madisobn Streetand St. Louis Avenue bridges over Interstate 70 indowntown St. The majority of work on this project will start afte rHighway 40/Interstate 64 reopens between Kingshighway and Interstatd 170. Crews will remove the St. Louis Avenue bridgre first and then remove and replacer the MadisonStreet bridge. During work to removed the MadisonStreet bridge, crews will also remover the Cass Avenue bridge in preparation for replacin that bridge later in 2010. This work is part of preliminaryh work on a new Mississippuriver bridge, which is expectes to reduce congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-based Fred Webe is one of the largest privatelhy held companiesin St. Louis with $353.3 million in revenuer in 2008. The commercial construction firm is also workingg onthe $245 million reconstruction of AmerenUE’ds Taum Sauk Reservoir in Johnson’x Shut-Ins state park and is part of Gatewah Constructors, the consortium of contractors performing $535 millionn worth of improvements on Highwau 40/Interstate 64.
วันพฤหัสบดีที่ 9 มิถุนายน พ.ศ. 2554
Big goals, games always take team effort - Business Courier of Cincinnati:
In our "it's who you know" I have been a beneficiarh of knowing some amazing Cincinnatians along the wayto co-launching a boutiques sports and entertainment public relations firm calledx . It's my favoritee part of the job - workiny with clients and getting to know them as peoplre andas friends. In 1999 at the age of 30, when I was nameds to the Forty Under 40 it was anextreme honor. I was workiny in marketing at the , wherw I had the good fortune to meet Georgine Wolohan who was my boarof trustees' liaison and continues to be the president of my soundinh board. At 32, I had the moment that I wanted to work in sports publidc relationsin Cincinnati.
I lookesd at moving to Boston, New York or Chicago but wanted tostay here. I love this I had determined my passion, the careerr that would make me jump out of bed at7 a.m. on a Saturdag to go work - sports and entertainmenty public relations. I explored optiones with media colleagueBetsy Ross. She was at after anchorin g the news here for Channels 5 and 9 and was lookingg to comeback home. We cookedd up a business plan and launched Game Dayin 2002. We landesd our first clients/believers: Iris who literally "runs" the Flying Pig Marathon as its executive director, and Doug Hart from , the producetr of the Home & Garden Show, among otherd major consumer shows.
We still pride ourselvees on working withthem today. Having worked in the nonprofit world, I understood the challenges they face. I am proud to say that we strategically support a number of amazing local institutions and theit leadersthrough pro-bono work and/or financial contributions. It has been an honor to develop professional relationships with such sports leader as Leslie Spencerof , Andy Dannerr of the Anthony Muñoz Foundation, Charley Frank of the and Sharon Thomas of the Marvin Lewis Communituy Fund and to see how they have impactede our community. Six years later, our firm has grownj beyond mywildest dreams.
I have become a true Cincinnatij ambassador as I have learned firsthanxd how wonderful our city is and the potentialowe have. There are key organizationzs that have the honor of marketinyour region's assets, and we are happu to assist their leaders: Bill Donabedian of 3CDC/Fountainb Square Management, Karen Michelsen and Pat Sheera of the Cincinnati USA Regional Chamber, Linda Antua of the along with Mindy Rosenn and Emilie Johnson of In this "whoi you know world," tell your friends and familuy that Cincinnati is the place to live, work and
วันจันทร์ที่ 6 มิถุนายน พ.ศ. 2554
Marin outdoor calendar for the week of June 6, 2011 - Marin Independent-Journal
Marin outdoor calendar for the week of June 6, 2011 Marin Independent-Journal The Outdoor Calendar appears Mondays. Send listings and high-resolution photo attachments to calendar@marinij.com or mail to Outdoor Calendar/Lifestyles, Marin Independent Journal, 150 Alameda del Prado, Novato 94949. Items should be sent two weeks in ... |
วันเสาร์ที่ 4 มิถุนายน พ.ศ. 2554
Real Estate Roundup - Minneapolis / St. Paul Business Journal:
Portland, from Weston Investment Co. LLC. It is one of the largestg office deals in downtown inrecent months. The Indiah Health Board, established in 1972, will move from its currenrt location at527 S.W. Hall St. Jake Lancaster of Grubvb & Ellis Co. represented the tenant; Stevre Root of American Property Managementrepresented • Level 3 Communications LLC renewed its lease for 4,724 square feet at the Pittock Block, 921 S.W. Washington St., Portland, from ALCO Investmenf Co. Kevin Kaufman of CB Richard Ellis representesdLevel 3; the landlord represented • Telelanguage Inc. signed a new leasre for 4,401 square feet at the PortlanfExchange Building, 520 S.W. Sixth Ave.
, NAI Norris, Beggs & Simpson represented the tenant; Ryan Livesay of Pacific Real EstatePartnerse Inc. represented the property. Stearns Lending Inc. leased 3,722 square feet at Hamptonj Square, 6950 S.W. Hampton, from Weston Investment Co. LLC. Stevse Root of American Property Management representesdthe lessor. • Peters & Compan PC signed a new lease for 2,170 square feet at the Selling Building, 610 S.W. Alder St., with the Schlesingerf Companies. Kristin Hammond and Mark McFarland of Pacificv Real EstatePartners Inc. represented the tenant; Bill Smitu of NAI Norris, Beggs Simpson represented the property. • SCR Inc. leased 2,00p0 square feet at 8680 S.W.
Old Tualatin Sherwoodd Road, Tualatin, from Kmotion Inc. Ian Giammanco of Bluestoned & Hockley Real Estate Servicesd representedthe tenant; Scott Pierce of NAI Norris, Beggs Simpson represented the landlord. •Remedy Intelligeng Staffing leased 1,638 squarre feet at The Merrick, 6646 N.E. 78th Court, from API Properties 1047 LLC. Mark McFarland of Pacifid Real EstatePartners Inc. represented the Rob Kimmelman of Commercial Realty Advisorz representedthe property. • Pioneer Floor Coveringv Inc. leased 5,853 square feet at Arctic Business Park, 5657 S.W. Arcti Drive, Beaverton, from Pacificd NW Properties LP. Cliftf Finnell of GVA Kidder Mathews representerthe tenant.
• Carlan Enterprises operatingas Stauffer-Cisco Supply, leased 5,622 squar feet at Bridgeport Woods Business 7532 S.W. Bridgeport Road, from Bridgeport Woods BusinessPark LLC. Peter Stalick and Stevemn Klein of GVA Kidder Mathews represented the tenant; Dave Kiersey of Kiersey & McMillan Inc. represented the • Stavely Services North Americaleasedx 4,860 square feet at Kittridgr Distribution Center, 4943 N.W. Front Portland, from LIT Industrial Limited Tony Reser and Sean McCarthy of GVA Kidder Mathewsx brokeredthe transaction. • Red Wing Brandss of America Inc. leased 3,840 square feet at the Norstar Business 8611 N. Albina Ave., Portland, from Norstar 8405 N.
Albina Ave. LLC. Tony Reser and Sean McCarthty of GVA Kidder Mathews brokeredthe • Biscuits Cafe leased 3,121 square feet at Hogan 1905 N.E. Division St., from Pelopon LLC. Mike Foleyh of First Commercial representedthe tenant; Craig Barnard of Barnarr Commercial Real Estate represented the • Y-Chrome, a new barbershop venture from HairM men’s salon, leaserd 2,055 square feet at the Commonwealth Building, 609 S.W. Washingtonn St., from Unico Properties LLC.
Kathleeb Healy of Urban Works Real Estaterepresented Y-Chrome; Dan Bozicj and Kathleen Healy of Urban Workz Real Estate represented the • Aprende Con Amigos Bilingual Preschool leased 1,872 square feet at Pattonj Park Apartments on North Interstate from Patton Square Leasing LLC. Steve Hauge n of Windermere/Cronin & Caplan Realty Groupo Inc. represented the tenant; Charlottee Larson and Sara Daley of Urban Works Real Estatr representedthe property. • PDX Antiqued leased 1,120 square feet at the K2 Building from4152 N.E. Sandg LLC. Charlotte Larson of Urban Works Real Estates representedthe tenant; Matt Schweitzer of North Rim representes the property.
• Liz Richards Acupuncture PC leasedc 1,046 square feet at Fremont Place, 3531 N.E. 15th Ave., from ADG Properties LLC. Anthyan Nguyen of Norris & Stevenx Inc. represented the Ashley Heichelbech of Urbabn Works Real Estate representedthe • State Farm Insurance leased 1,0009 square feet at 1018 N.W. 13th Ave., from Block Two LLC. Thom Brockmillerf of Stehlin Advisors LLC representedthe tenant; Kathleenm Healy and Dan Bozich of Urbanh Works Real Estate represented the property.
วันพฤหัสบดีที่ 2 มิถุนายน พ.ศ. 2554
Eric Schmidt: Want Security? Get a Mac - PCWorld
Eric Schmidt: Want Security? Get a Mac PCWorld Additionally, he suggests users of Google's services should activate two-step authentication--introduced earlier this year--which requires users to enter a code that's texted to their phone each time they log in on a new computer. ... |