Archive for November, 2009
Fitch Rates Blanchard Valley Health System (OH) $110MM Series 2004 Bonds 'A-'; Outlook Stable
by admin on Nov.24, 2009, under Uncategorized
Business Wire, Nov 23, 2009
CHICAGO — Fitch Ratings has assigned an underlying ‘A-’ rating to approximately
$110 million County of Hancock, Ohio, hospital facilities revenue bonds
series 2004. The bonds are insured by Assured Guaranty Municipal Corp.
(formerly FSA) and supported by a standby bond purchase agreement with
Fifth Third Bank (rated ‘A-’, with a Negative Outlook by Fitch).
The Rating Outlook is Stable.
The ‘A-’ rating reflects Blanchard Valley Health System’s (BVHS) leading
market position, consistent operating profitability, moderately high
debt burden, and a strong base of local physicians. Blanchard Valley
Regional Health Center (BVRHC), the hospital component of BVHS, offers a
full range of inpatient and outpatient health care services at the
system’s two facilities in Findlay and Bluffton, OH. BVRHC is the only
acute care provider in its primary service area consisting of Hancock
County and portions of the surrounding counties, with a dominant market
share of 76.5% based on most recent data available. Management’s primary
strategic initiative is to promote a market environment that encourages
collaborative relationships among local physicians, employers, and
hospitals. The system has a history of strong operating profitability
with average operating margins of 4.7% since 2005. For the nine-month
interim period ending September 2009, the system generated a 3.3%
operating margin ($5.9 million), which is consistent with the prior
year’s 3.4% operating margin ($8.1 million). BVHS’s historical
profitability compares favorably to Fitch’s 2009 ‘A’ rated median of
2.7%.
Credit concerns include BVHS’s debt structure, which is approximately
88% variable-rate for the obligated group, a moderately aggressive
investment policy, and moderately high debt burden
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About Face Acne Foundation Committed to Providing a New Face on Life to the Nation's Underprivileged Adolescents Suffering From Moderate to Severe Acne
by admin on Nov.24, 2009, under Uncategorized
Market Wire, November, 2009
Acne is a serious medical condition. More
than 40 percent of mid-teens and adolescents have either acne or acne
scarring requiring professional treatment by a dermatologist.
Unfortunately, nationwide statistics show that only 11 percent of patients
receive treatment.
Studies show that the psychosocial impact of acne can be debilitating and
at times more traumatic than a terminal disease. However, thanks to the
help of modern medicine, acute acne can be easily treated. Unfortunately,
treatment is not available to all.
About Face Acne(TM) is a 501(c)3 non-profit organization that assists
underprivileged adolescents in the treatment of acne vulgaris
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NewMarket Technology, Inc. CFO Reviews $2.2 Million in Net Income on $76 Million in Revenue for the Nine Months Ending September 30, 2009
by admin on Nov.24, 2009, under Uncategorized
Market Wire, November, 2009
NewMarket Technology, Inc. (PINKSHEETS: NWMT)
today released a Webcast to review the Company’s third quarter 2009
financial results filed today on SEC Form 10-Q. The review has been
conducted by the Company CFO, Mr. Philip Rauch. In the Webcast, Mr. Rauch
reviews both the Company’s third quarter financial results as well as
year-to-date progress.
The Company reported $2.2 million in net income and $76 million in revenue
through the first nine months of the year ending September 30. The Company
reported $95 million in global revenue in 2008 and has forecasted
profitable revenue growth in 2009 compared to 2008.
NewMarket provides systems integration services, to include technology
reseller, customization, integration, and support services, in China,
Southeast Asia, Latin America and North America and is actively expanding
its business services into the growing markets of East Africa. NewMarket
focuses on the rapid growth industries in emerging markets that require
technology products and services to support their growth.
A link to the Webcast is now available on the corporate website homepage
and investor relations page at www.newmarkettechnology.com titled
‘NewMarket Technology 3rd Quarter Review Webcast.’
Sign Up to Receive Regular NewMarket Updates
NewMarket sends regular Company updates to its opt-in, permission-based
email database. Interested investors can easily, safely and quickly
register to receive these communications directly on the corporate website
homepage ( www.newmarkettechnology.com ). Recipients can manage their own
email contact profile and safely unsubscribe at any time.
About NewMarket Technology, Inc. ( www.newmarkettechnology.com )
NewMarket is a reporting company with audited financial reports filed with
the SEC. NewMarket provides systems integration, technology infrastructure
services and emerging technology worldwide. NewMarket has a focus on
providing technology and support services to rapidly growing economies
where technology purchasing is on the rise. In addition to its base of
operations in North America, NewMarket has operations today in the growing
economies of China, Southeast Asia, Brazil and Northern Latin America. Last
year the Company reported over $40 million in revenue from Asia and over
$20 million in revenue from Latin America
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Merchant Advisory on Approval of Distribution of Residual Settlement Funds
by admin on Nov.24, 2009, under Uncategorized
PR Newswire, Nov 10, 2009
NEW YORK, Nov. 9 /PRNewswire/ — The following statement is being issued by Constantine Cannon LLP regarding the In re Visa Check/MasterMoney Antitrust Litigation.
Dear Merchants,
Constantine Cannon LLP, Lead Counsel for U.S. merchants in the In re Visa Check/MasterMoney Antitrust Litigation, CV 96-5238, advises the class as follows:
On November 6, 2009, the Court approved Lead Counsel’s proposal to make a distribution of residual settlement funds. As outlined in Lead Counsel’s October 9, 2009 proposal, the distribution would be primarily funded from the proceeds of the prepayment deals recently approved by the Court and would include payment of residual monies remaining in the settlement funds after accounting for the payment of all approved claims.
The distribution payments will be made on a pro rata basis to class members who received and cashed their checks for signature debit, PIN debit, and credit card overcharges
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Wish you were.. HERE?
by admin on Nov.23, 2009, under Uncategorized
0 Comments | Sunday Mirror, Nov 22, 2009 | by Anonymous
Great ski chalets..
Where and why
WARM up at the end of a day on the slopes in one of these cosy ski chalets in the mountains, one from Finland and three from France. Chalets offer great value for money, whether you go selfcatering or full board.
1. Levi’s Cabins, Finland
STAY in a cosy self-catering chalet in the pine forest outside Levi in Finland. The lifts are about half a mile away by free ski bus and near the centre. Off the pistes, take the reins of a husky sled, pat a reindeer or try ice fishing on the lake. Warm up in your own sauna at the end of the day.
Wake-up call A week’s self-catering costs from pounds 285 with flights from Heathrow (on December 12 or January 9) through www.neilson.co.uk
2. Chalet Beaumont, Savoie Alps
TAKE in spectacular views across the village of Vallandry in France’s Savoie Alps when you stay at Chalet Beaumont. It’s near the lifts for access to the Les Arcs ski area.
Wake-up call The self-catering property for eight costs from pounds 61.20pp per week. Go to www.holidaylettings.co.uk
3. Le Samovar Hotel, Val D’Isere
A SMALL, family-run hotel which is close to the slopes and lifts with whirlpool baths, a jacuzzi, sun terrace, restaurant and bar.
Wake-up call A week’s half-board starting January 16 costs from pounds 704 through Inghams (www.inghams.co.uk).
4. Chalet Anne Marie, Tignes
A TRADITIONAL chalet with an outdoor hot tub on the sun terrace. Four-course dinner each night includes aperitifs, wine, coffee and chocolates.
Wake-up call A week’s half-board from December 13 costs pounds 459 when two share with flights
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ERF Wireless and Computer Works Partner to Deploy Wireless Broadband
by admin on Nov.23, 2009, under Uncategorized
0 Comments | Wireless News, Nov 23, 2009
ERF Wireless, a provider of enterprise-class wireless and broadband products and services, announced that the company has entered into a Master Services Agreement with the Computer Works, based in Conway, Arkansas, for the provisioning and delivery of broadband services to mobile and static oil and gas sites in North Central Arkansas.
“This is the third in a series of agreements to expand the company’s coverage in active oil and gas territories with quality wireless network providers,” said Dr. H. Dean Cubley, CEO of ERF Wireless. “As noted previously, our strategic plan is focused on supporting our growing base of oil and gas customers through the expansion of our wireless broadband networks by acquisition or master service agreements.”
“The Computer Works has earned its reputation for first-class service in this market,” said Pat Wilson, President of The Computer Works
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Hitachi Laboratory Equipment Donation Extends Nationwide
by admin on Nov.22, 2009, under Uncategorized
Business Wire, Nov 22, 2009
Hitachis Integrated University Program to Help Develop Hard Disk
Drive Industry Talent in the Philippines by Providing Scholarships,
Research Grants, Lab Equipment and On-the-Job Training
CEBU CITY, Philippines — Hitachi Global Storage Technologies (Hitachi GST) announced today the
expansion of its knowledge and skills enhancement initiative in the
Philippines called the Integrated University Program with the
launch of its regional laboratory center at Cebu Technological
University (CTU) Main Campus. President Gloria Macapagal-Arroyo, DOST
Secretary Dr. Estrella Alabastro, PEZA Director General Atty. Lilia de
Lima and Commission on Higher Education (CHED) Commissioner Nona
Ricafort were present to witness the turnover of laboratory facilities
to CTU Hitachis latest recipient.
Launched in 2008, the Integrated University Program is the result of an
alliance between key local universities and Hitachi GST Philippines
Laguna-based facility to provide scholarships, research grants,
sponsorships, laboratory donations and on-the-job training (OJT) to both
students and faculty members. This program signifies the companys
commitment to build local hard disk drive technology and manufacturing
capabilities in the country, as well as nurture and develop essential
skills associated with the industry. The program had initially focused
on Manila until CHED and Hitachi GST agreed to mount a wider regional
initiative to benefit more schools at the national level. The launch at
CTU marks the start of this program extension.
We have recommended the set up of seven labs in public institutions
strategically located nationwide to enable other schools within the
region to share in the use of the laboratory facilities. This way, we
are increasing coverage of the program to help more students and faculty
around the country, says CHED Commissioner Ricafort.
A key element of the program is a donation from Hitachi GST laboratories
consisting of cutting-edge equipment. The first recipients in 2008 were
Ateneo de Manila University (AdMU) and the University of the Philippines
(UP). The laboratory donation focuses on robotics (multi-axis robots,
precision stages, servo motor control and vision systems) and metrology
(interferometry, microscopy and measurement). Other university
recipients from Luzon, Visayas and Mindanao will receive similar
laboratory donations.
Under the program, scholars, research grantees and on-the-job trainees
are chosen every year
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Crime time Chicago
by admin on Nov.22, 2009, under Uncategorized
0 Comments | Daily Mirror, The; London (UK), Nov 21, 2009 | by DAVID EDWARDS
WITH its soaring glass skyscrapers, spectacular views across Lake Michigan and its cultural scene, Chicago symbolises all that’s great about the USA.
It’s a city that melds the cosmopolitan chic of New York with the Mid-West’s legendary friendliness.
While world-class shopping, thousands of restaurants and spectacular modern architecture make it a city of the 21st century, there’s plenty about Chicago’s shady past to attract the more adventurous tourist…
From Al Capone to Bonnie and Clyde to Ma Barker, the region has always been synonymous with gangsters – a reputation bolstered by the recent hit film Public Enemies, about mobster John Dillinger and starring Johnny Depp and Christian Bale.
And if the movie piqued your interest, Chicago offers a wealth of attractions sure to delight those intrigued by the workings of organised crime.
Housed in an award-winning building sculpted to reflect the landscape’s rolling pastures, flowing streams and industrial heritage is the Indiana Visitors Center in Hammond, three miles from the city limits, which has its very own Dillinger Museum (southshorecva.com) featuring original artifacts, interactive exhibits and period newspaper clippings
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Protesters hire lawyer to fight Mormon temple
by admin on Nov.22, 2009, under Uncategorized
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A.M. Best Affirms Ratings of Bison Insurance Company Limited
by admin on Nov.21, 2009, under Uncategorized
Business Wire, Nov 20, 2009
OLDWICK, N.J. — A.M. Best Co. has affirmed the financial strength rating of A-
(Excellent) and issuer credit rating of a- of Bison Insurance
Company Limited (Bison) (Hamilton, Bermuda). The outlook for
both ratings is stable.
The ratings reflect Bisons historically adequate capitalization,
generally favorable operating performance, conservative reserve levels
and effective management of its catastrophe exposures
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