Tuesday, August 30, 2011

Regulators Approve BATS Listings Venue - Wall Street Journal

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Regulators Approve BATS Listings Venue

Wall Street Journal


"Creating a competitive alternative, to the incumbent exchanges, that brings simple, competitive pricing and superior technology, coupled with our world-class customer support, will drive innovation in this market and allow issuers more choice," said ...



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Sunday, August 28, 2011

National City Mortgage faces possible cuts - St. Louis Business Journal:

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Spokesman Pat McMahon said PNC PNC) is committed to National City Mortgage and the Dayton but as a result of the it is looking toeliminate 5,800 positionss throughout its geographic presence. PNC now has 2,500o Dayton-area employees at both its bankinvg andmortgage operations, but McMahohn would not say how many localp workers would be cut. “We have a significant presence inMiami Township, but we have said all along there would be job impact as a part of the merged McMahon said. He said PNC is not breakintg out staff reductions by geographic locationj orbusiness unit, but it will provide informatiojn on “expense reductions” in its quarterlh updates.
PNC has a goal of reducing expensesby $1.2 billion, part of whicn will come through a reduction in employment. McMahon said it is too earlty to say what the net outcome will be inMiami Township, but the company’s long-terjm strategy is to grow the compang and add jobs. “We have a meaningfu l presence in theDayton It’s an important marker and we want to be aggressive McMahon said. As a part of the merger, National City branc locations in the Dayton area are scheduled to beginbeing re-branded as PNC branchesw in the first half of 2010.

Friday, August 26, 2011

All-you-can-eat pizza to debut in Tri-State - Dayton Business Journal:

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, a $334 million, Dallas-based chain that specializes in all-you-can-eaft pizza, has agreed to builfd 13 restaurants in Greater Cincinnati over the next four Thefirst location, pegged for Brentwood, in the Finneytownn area, is expected to open in early Other locations will be in Hyde Deerfield Township, Kenwood, Tri-County, Western Hills and Clifton. They will be operatex by MarwinManagement LLC, a Dallas-based franchise company that operates CiCi's in Ohio, West Maryland and Houston, Texas. The locations weren't hard to find.
the Cincinnati demographic suitsthe CiCi's which involves a buffety of a dozen pizzas, pastas and "We've already identified eight or nine sites in Hamilton (and) three sites in Warren County," said Robert the principal operator with Marwin, which for now includee Hamilton and Warren counties. "So we'ved already identified 11 sites withoug even digging hard intothe market." CiCi's choosee locations that count a population of about 50,0000 people in a three-mile radius. It also is building 14 restaurants in each of the Dayton andColumbus regions. But don't expecg your regular pizza parlor chain.
CiCi's seatss about 200 people per Each restaurant employs 45 to50 people. And it does not The value of the buffet has long been appreciater by therestaurant industry. While buffetas might involve higher food costs because peopleeat more, they requirwe fewer servers. The low labor costzs translate tolow prices, which attract a higher numbere of customers, especially families. CiCi'z sales rose to $334.2 million in 2002 from $325.4 million in 2001, according to Technomic Information a Chicago restaurantmonitoring group. That's a lot of $3.9o buffets. Frisch's Restaurants Inc. found magicd in the buffet format when it bega n to franchise GoldenCorrak restaurants.
Frisch's opened more than 23 Golden Corral franchise locationw since entering into an agreemenrt with the company in and each store generates average annuap salesof $3.37 million. By comparison, Frisch'sx Big Boy restaurants average annual salesof $1.84r million each. "There's more and more volume generates the largerttotal return," said Don Walker, vice president, treasurer and CFO at CiCi's has the added benefi of serving a food that appealzs to all age groups, especially the young, said Scott Hume, executive managing editor, Restaurants Institutions magazine. "Pizza has the benefit of beingb a food that young people know from he said.
"That's always a problen with family dining in findin g a place that is appealingfor everybody."

Wednesday, August 24, 2011

Dan Berkenstock - MIT Technology Review

http://biomarck.com/intellectual-property.htm


MIT Technology Review


Dan Berkenstock

MIT Technology Review


Skybox is hoping to recoup the cost of the constellation by expanding the market for fresh satellite imagery beyond the government and the military. Berkenstock is working on tools for storing and classifying petabytes of data--tools that financial ...


Skybox Imaging Founder Honored for Innovation in Satellite Imagery

MFRTech (press release)



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Sunday, August 21, 2011

Grimsley named National Man of the Year for charity work - Wichita Business Journal:

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His total — said to be a records — was about $60,000 more the second-place “I think it says a lot about Wichita,” Grimslety says. “You ask people for help and they give it to In all, 530 man and womamn of the year participants nationally raised $7.7 millioj for the Leukemia and Lymphoma Society. “Ift was the experience of a Grimsley says. The national woman of the year is fromWashingtohn D.C. Man and Woman of the Year candidates, who are participate in a 10-week fund-raisinyg blitz that this year ranfrom Feb. 12 through April 25.
Each state’s participants are then ranked nationally, wher every dollar raised countsw asa vote, to determine the nationalo winners. Grimsley and Janet Cervantes, with Rusty Eck Ford, beat out four otherf candidates for local man and woma of theyear honors. Cervantes ranked sixth nationally byraising $77,312. • Dr. Jeffrey Howell with . • Kat Lyon with Brandon Steven • Jean Mash with Compare of Sedgwickm County. • Todd Millee with . The six collectivel raised morethan $416,000. Grimsley will be feature in a full-page ad in an upcomingv issue of .

Friday, August 19, 2011

Economy pedals leisure business closer to home - Kansas City Business Journal:

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“People are being a lot more cautious with their which I think theyshould be,” said Peters, ownere of . Although doors to the business openedr only a fewweeks ago, Peters has worked in the industry for 16 yeare and has operated a mobile bike repair servicew – the Bicycle Medic in Lancaster since last “Last summer, when gas was $4 a people ran to the bike stores,” he Although the cost to fuel up has gone interest in saving money through biking remaines high.
Instead of spending $4,000 on a familty trip to Disney World, Peters said consumersd could pay $1,000 for new bicycles for a familyof “It lasts a lot longer than a week,” he said of the Bike companies are attempting to expand the marketr by stressing the greenb and financial benefits of biking. One of theie pitches includes looking at mileage in a differentlightr – 3,000 calories burned to one gallon of gas Peters said.
At Lancaster Bicycle, basic bikew have been selling betterthan higher-enx designs, and repairs also are common “People will spend $80 to $100 to fix up a bike as opposexd to buying a new $400 bike,” Peters However, once customers start to realize gas savingsz after riding their bikes to work and on Peters said some returm for a newer model. “They save money on gas, then they he said. “You’re almost creating new You’ve created cyclists out of peoplewho wouldn’t have been a couplr of years ago when the economty was good.” Ric Noland, owner of Cyclist Connection in Canap Winchester, said repairs are down and bike salee up at his shop.
Comparing figures from April 2009 to thosse inApril 2008, salea were up 18 percent. As anothere means of attracting and retaining Noland offers opportunitiesfor biking. In early May, the shop promotex National Bike to Work Week by encouraging ridersw to leave from the store lot and use showers at the storeas needed. “We have abouty four regulars who park and ride to Noland said. “It’s a 20-mile ride one way.” Cyclist Connectiohn has reached out to families by startint Family Ride Nights every The first, held earlier this spring, attracte d seven people. It must be workin as Noland said he’s planning to expand with a shopin Circleville.
His enthusiasmn is buoyed by a global outplacement compant that says the economy will deter people fromtakingh “budget busting” trips to destinations such as Disneh World and Hawaii. “The biggestg benefactors of the downturn could belocal zoos, amusemengt parks, national parks and campgrounds,” said John Challengert of in a release. “Many people may restrict their travel to within four hours oftheirf homes, if they leave homes at Like Noland, Mark Kasper has been stressinyg the family focus and financia sense of camping at his Lazy River at

Wednesday, August 17, 2011

AP Interview: Top US commander over Africa worries Nigeria terror group ... - Washington Post

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AP Interview: Top US commander over Africa worries Nigeria terror group ...

Washington Post


By AP, LAGOS, Nigeria รข€" The top US military commander for Africa says a radical Muslim sect operating in northern Nigeria may be trying to link with al-Qaida's African branch and the al-Shabab terror group of Somalia. Gen. Carter Ham of the US Africa ...



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