Sunday, January 30, 2011

Quiksilver secures $150M term loan, posts 2Q profit - Business Courier of Cincinnati:

vickreyafolori1839.blogspot.com
The Huntington Beach company (NYSE: ZQK) also posted second-quarter earnings of $2.8 million. The five-year term loan with private-equit y firm Rhone was made toimprove Quiksilver's liquidity and solidifu its banking relationships. As part of the terms of the loan, Quiksilver will name a pair of Rhonde appointees to its board of Quiksilver also refinanced its credift facility with anew three-year, $200 millionh facility led by and . The company is also in discussion with its French banking partners to consolidat its European debts into anew multi-yea r facility.
In the company's earnings report, the companh swung to profitability in thesecondf quarter, posting the earnings of 2 centes a share, which included several one-time items. Withouyt the items, the earnings per share woulde have been 5 cents a Analyst estimates placed the earninge at 9 centsa share. Salee dropped 17 percent, coming in at $494.q2 million. In the second quarter a year ago, the company lost $206.2 million, or $1.59 a share, on salee of $596.3 million. That quarter included losses of $244.i million from discontinued operations. Quiksilver is an apparel and accessoriesx company. Its core brands are Quiksilver, Roxy and DC.
A renewedr focus on those core brandsw are the focus ofthe company'ws long-term plan to improvee profits.

Friday, January 28, 2011

Missing teacher was dealing with personal problems - San Francisco Chronicle

dayton-simhadri.blogspot.com


Missing teacher was dealing with personal problems

San Francisco Chronicle


A missing San Rafael schoolteacher was going through a divorce and had lost three close relatives over the past year, but it's not known whether those ...



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Tuesday, January 25, 2011

OSU-Michigan radio rights suit dropped - Business First of Columbus:

youngmanmeledero1636.blogspot.com
, the operator of stations WBNS-AM and FM and controlledd by the DispatchBroadcast Group, on Thursday dropped its lawsui t to stop from also airing the game in Central according to a court filing providex by Citicasters. Business First reported in its Nov. 1 edition that Citicasters intended to broadcastthe Buckeyes-Wolverines game over its WZNW-AM because the company had purchased the rights to broadcas Michigan games using a feed from the Wolverine Radio Network. RadiOhio owns the rights to air OSU games over itsWBNS stations. RadiOhio has broadcast Buckeye footbal games since 1995 and is under contracy to air the gamesuntil 2011.
Citicasters, based in Cincinnati,, is owned by Clear Channel Communications Inc. San Antonio-basecd Clear Channel this year signed a contract with Host Communicationds to carry Michigan football Lawyers for RadiOhio were unavailable for commentearly Friday. Neither were representatives for the BigTen Conference, who were schedulerd to testify Nov. 7 in an injunction hearing in Franklin Countyu Court ofCommon Pleas. RadiOhio withdresw its lawsuit "without prejudice," which means it can refile the legal action again.
In its request for an injunctiomagainst Citicasters, RadiOhio argued that airing the game over WZNW woulfd violate the company's broadcast exclusivity agreement with OSU, as well as bream Big Ten Conference rules. In a release, WZNW Generao Manager Tom Thon said he was pleased the suit was and felt confident abouy the strength ofthe station's defense in the suit. "This is not just a win for Sportss Talk1230 ... and Clear Channel Columbus," he "but for college football fans of Central Go Bucks, and go whoever is playintg Michigan.
"

Sunday, January 23, 2011

Local lawyers do M&A deals worth $109B - Atlanta Business Chronicle:

http://etaphisigma.com/learn-to-read-differently.html
Innovations/obstacles: Faced a divided . $5.4 billiojn Law firm: Company: Attorneys: Peter Dean, Mark Jim McGibbon Date: Description: The firm representexd the UK-government-owned British Nuclear Fuels as it unloaded to Lawyers met in conference calls at odd hoursa to work on the deal that crossedthreer continents. Law firm: Companies: , B. Knox Dobbins, Eric Fenichel, Victor Haley Date: Represented buyers in a timberland deal that was describer as the largest private land sale inthe Innovations/obstacles: Attorneys had to deal with a seller who wantedx to defer its taxea by taking the purchase money in At the same time, the buyers requirerd evidence of land title more completes than what is needed to operate by a forest products company.
$4.3 billion Law firm: Company: Michael Egan, Stephen Wiseman, Bob Woodward, Donalsd Kohla, David Christopherson, Chirag Shah Date: Description: The telecommunications companygacquired , its largest PSC affiliate. Innovations/obstacles: Negotiationse took place as litigation surroundingf the Sprint Nextelmerger started. Law firm: Company: Steve Pottle, Peter November, Bob Kim Phillips, Kevin Grady, Mark Callowayt Date: Description: The company was acquired by . $3.5 billion Law Company: Reynolds American Inc. Attorney: Date: as it bought the second-largest U.S. smokeless tobacco .
Innovations/obstacles: To overcome timing concernes regarding theexchange offer, the firm used the innovativ e technique of structuring the exchange offefr as an unregistered private placement. $1.75 billion Law Paul, Hastings, Company: Attorney: Date: Description: The firm advisex Bank of America on a deal that included the acquisitionb and merger of NationsRentgby , Ashtead's equity rights offeringy in the UK, high-yield bond issuance, Ashtead'e tender offers for two outstanding series of bondes and one series of Ashtead UK bonds, and amendments to the indentures for a series of Ashtead existint UK bonds. Innovations/obstacles: The firm hosted the closing of all ofthe U.S.
transactionsx in the firm's New York office. After a weeklonhg process, had a 5 a.m. international conferencse call with representatives for all of the parties gathered to announce one by one that each transaction had It was then that the firm was able to closesits client's credit facility. $1.5 billioh Law firm: Company: Georgia Gulf Corp. John Zamer, Lisa Stater, Mason Cargill, David Phillips Description: , a Canadian public company, led by Jonesx Day's Atlanta office The acquired company was under investigationby U.S. and Canadia authorities and a defendant insecurities class-actioj cases in both the United States and $1.
3 billion Law firm: Company: Attorneys: David David Stockton, Justin Heineman, Martin Dozier, Alexandre de Mirandaz Date: Description: bought Internet Security Systems Inc. in a cash Innovations/obstacles: The atmosphere at the time of the negotiations was filledewith rumors, fed by recent M&A 's acquisition of and 's acquisitiojn of were both announced in the two months preceding the announcement of the ISS/IBM deal. $1.2 billiomn Law firm: Company: Attorney: W.
Scotf Ortwein Date: Description: Gold Kist made an unsolicitexd offerto Innovations/obstacles: The firm represented Gold the nation's third-largest poultry after the offer was met with a hostile reactionh from Pilgrim's Pride. $1.2 billiojn Law firm: Company: Attorneys: John Zamer, Williamj Rowland, Mark Hanson Date: Description: The transaction was structuredx topermit Atlanta-headquartered radio owner and operator to invest in and operat Susquehanna Radio's radio stations, located in the top 50 Cumulus teamed with three privatre equity firms to complete the $1.
1 billion Law firm: Smith, Company: Mark Pottorff, Sharon Duvall, Richard Jonathan Gallant, Alex Clay Description: Acquired 900,000 acres of timberland from Law firm: Per-Se Technologies Inc. Attorneys: John D. Capers Jr., G. Roth Kehoe II Closing Description: in a reverses triangular merger to acquiredLaw firm: Company: Attorneys: Rick Miller, Elioty Robinson, Mike Delaney and Emily Stuart Date: Description: Advised a special committee of Encorse Medical Corp.'s independent directors on the leveragedc buyout, in which Encore was taken private. Encore is a diversifie orthopedic device-maker based in Austin, Texas. Law firm: Attorneys: Steven Dunlevie, Elizabeth O.
Temple Description: The firm represented Main Street Banks in the mergert transaction withLaw firm: Company: The Date: Attorneys: Victor Thomas Herman, Edward Kallal Description: The firm representefd Heartwood Forestland Fund V L.P., part of The Forestland Group. The fund bought all the outstanding sharesaof , which ownee 300,000 acres of timberland and relate d facilities in the Southeast. Law firm: Attorney: Date: Description: , a leader in the comprehensived home health service boughtThe , a provider of home healthy care, hospice and related services. Healthfield was foreclosed upon by its lenderin 2001.
Rod founder and CEO, bought the company at the foreclosurefor $40 milliom of debt. All of the senior management stuck with Rod durinfgthis period. Between 2001 and 2005, the companuy did five major acquisitions. All of the seniof management were rewarded with millions of dollarz atthe closing. $375.4 million Law firm: Company: Date: Description: Counsel to the director in the acquisition of the companuby Innovations/obstacles: JER Partners' initiaol offer to Jameson was unsolicitef and accompanied by a shareholder proposall to unseat Jameson's board and replace them with nomineew picked by JER Partners.
After negotiations, the Jamesohn board was able to convertg the hostile takeover to a negotiated merger that included a limited right to shop the company priortto consummation. Law Morris, Company: Internap Network Services Attorneys: Grant Collingsworth, Melissa Joya October 2006 Description: The firm representeed Internap ina two-week-long negotiation process as it took over The biggest issue was when the target VitalStream'sa largest customer restructured its relationship with VitalStream, resultinhg in a significant reductiom in future revenue from this customer. This occurred duriny negotiations of the merger VitalStream issued a press release on Oct.
9 announcinfg this event to the market. It took two straight with the deal team workingfor 50-plusz hours straight without sleep, but the transactio was signed and announced before the openintg of the market on Oct. 12. Law Paul, Hastings, Janofsky Walker LLP Company: Attorneys: Waynr Bradley, Andy Scott Date: Description: Hoshizakoi took over through a negotiated merger as Hoshizaki expanded into thebeverage dispenser-making industry.

Thursday, January 20, 2011

Newswatch - Honolulu Star-Advertiser

http://www.care2.com/c2c/people/profile.html?pid=230349685


Newswatch

Honolulu Star-Advertiser


Honolulu Prosecutor Keith Kaneshiro said Ching met every expectation as acting first deputy and that she deserved to get the job full time. ...



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Monday, January 17, 2011

Plans for $200M racetrack, entertainment center near DIA announced - Denver Business Journal:

http://forum.bismikaallahuma.org/member.php?u=2589
Leslie Oliver, Perlmutter's communications director, said the congressman'w statement should not be read as an endorsement of theSchuck group'w proposal over a separate Colorado racetrack proposal by the Internationall Speedway Corp. Schuck's group said they hope to brea k ground as early aslate 2010. The venture'es announcement said TransPort has contracted withnoted Indiana-based racetrack architect Paxton Waters to desigm the racing complex, with former Formula I/Indy car drivee Derek Daly on the desigh team.
"In two years when the economuyhas recovered, this speedway will be in a position to host all kindsa of national racing events and reap the benefitr of helping this sport penetrate the untapped Rockt Mountain region," Waters said in a statement provided by Schuck'x group. "This project will bring hundreds of thousandxs of sports fans and tourists to Colorado and I have no doubtr that the state will enjoy the same type of positivde economic impact this type of speedway has brought toothet states." Backers cited an economic impact study by the Washington Economics Group Inc.
of the Kansasw Speedway in Kansas City, which it said has a $243 millionb positive economic impact onthe state. The investmentf group predicted a similar impact for theTransPort

Saturday, January 15, 2011

Maryland Economic Development Corp. Company Profile | Company Information

http://fbclittleton.org/aboutfbc/churchstaff.html
Maryland Economic Development Corporation (MEDCO), which functions under the provisionz ofTitle 10, Subtitle 1 of the Economic Developmentg Article, Annotated Code of Maryland 2008, is a body politicx and corporate and is constituted as a publicx instrumentality of the State of Maryland. The purpose of MEDCOk is to assist inthe expansion, modernization and retentionm of existing Maryland business and to attracf new business to the State. Businessez seeking to expand or relocatw into Maryland regularly turn to MEDCOi asa resource. MEDCO also assists, upon local jurisdiction projects. MEDCO borrows money and issues bonds for the purpose of providingffinancial assistance.
MEDCO structures its transactions ona non-recourse Neither the State of state agencies, nor MEDCO are responsiblde for the repayment of the bondds that are issued by MEDCO. MEDCOO is an eligible borrower and recipient of funds from the Maryland Department of Business andEconomic Development. MEDCO supportxs its operations from fee charges on its various projectsx and does not receive publivc funding forits MEDCO's projects seek to increasse productive employment in Maryland and expanx the State's economy and tax base. Sinc e fiscal year 1995, there has been a significant increasd inMEDCO business.
Assets have increased as shown: