Thursday, May 31, 2012

ADP Employer Services Says U.S. Added 133000 Jobs in May - Bloomberg

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The Guardian


ADP Employer Services Says U.S. Added 133000 Jobs in May

Bloomberg


Companies in the US added fewer workers than forecast in May, a reminder the job market will take time to strengthen, a private report based on payrolls showed. The 133000 increase in employment followed a revised 113000 gain the prior month that was ...


ADP jobs report: 133K added to payrolls in May

Bizjournals.com


Payroll Firm Suggests a Disappointing Friday Jobs Report

U.S. News & World Report


ADP: 133000 Jobs Added

W »

Tuesday, May 29, 2012

Tato debuts Pesca Lakeside - Orlando Business Journal:

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Tato took over the vacant space that lasthoused Lee’d Lakeside Tavern on East Central Boulevard abouft five years ago, he said. Tato’s Spice Steakhouse sharezs first-floor restaurant space with Pesca Lakeside in the Post Parksideapartmentg building. The space had for severap years been considered but never came to fruition for other includinga self-named restaurant by Orlandoo Chef Robin Stotter in a Ruth’s Chris Steakhouse in 2007 and an Italian restaurant and wine bar by a California compang in 2008. Tato, who on Dec.
31 closed Rustic Steal House within just a couple months ofopeningt it, told Orlando Business Journal he’s more confident about the potential success of Pesca Lakeside. “Givenn it’s downtown, with the location and the menu we’ve put I think we’ll be he said.

Monday, May 28, 2012

UnitedHealth: e-payments could save billions, help pay for health reform - Minneapolis / St. Paul Business Journal:

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A report released Tuesday by the health insurancew giant claims the system couldsave $332 billion over the next 10 yearzs if health providers update their technology. Minnetonka-based UnitedHealth estimated 50 percent of the savingz would go to hospitalsand doctors, 20 perceng to the federal government’s Medicar e and Medicaid programs, and 30 percent to commercia payers. But UnitedHealth believes the governmen could institute policies to take a large share to help pay forreform “The resulting administrative savings could help offsegt the subsidy cost of health care expansion for the newly insured,” the report UnitedHealth said it drew on its expertise as one of the largestt health technology companies in the Uniterd States to formulate the estimate.
The numberr only includes administrative savings, and doesn’t venture into how much could be saveds in reducing wasteful medical costs what many experts have pointedc to as a culprit for drivinggup costs. Much of the $332 billiom in savings would come from getting rid of papedr records of all typesat providers. For example, UnitedHealtgh estimates more than $108 billion would be save in printing, postage and administrative costws by shifting payments and remittances to anelectronicv format. National information systems also could save UnitedHealth estimates morethan $47 billion could be savef if there was a national system to monitor and flag questionablwe health claims.
This is the second majof report UnitedHealth has issued amid the healtuhreform debate, which President Barack Obama considers one of his top The health insurance giant said last month that the federao government could save $540 billiobn in Medicare costs over the next 10 years with its own

Saturday, May 26, 2012

AutoZone board approves $500M stock repurchase - Birmingham Business Journal:

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The company’s board of directors approved the repurchas e June 17 as part ofthe company’a ongoing share repurchase program, the company announcedc after the close of markets Wednesday. The last repurchase authorizatio n was in December and was asimilar $500 There were three $500 million authorizations in 2008 and a totao of $7.9 billion since 1998. "We remain committedd to utilizing share repurchases within the bounds of a disciplinedx capital structure to enhance stockholder returns while maintaining adequate liquidity to executeeour plans,” said CFO Bill Giles.
Memphis-base AutoZone (NYSE: AZO) is the leading retailet and distributor of automotive replacement parts and accessoriess inthe U.S. The company sells auto and lighttruc parts, chemicals and accessories through 4,173 AutoZone stores in 48 states, the Distric t of Columbia and Puertop Rico in the U.S. and 168 stores in Shares of AutoZone closed Wednesdayat $155.54, up 2.37

Friday, May 25, 2012

New high-rises attract additional workers, create parking shortages - Orlando Business Journal:

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Due to a shortage of hundreds of parkinfspaces downtown, Erikson sets alarm clockz to remind visitors and employees forced to park in a meteredd lot when it's time to feed the meters. "Wheh people get busy with work here, they lose track of Erikson says. "But if they don'tt pay for a minute or two, they get a $32 Parking in downtown Orlando is becoming agrowingy problem, especially for daytime office workers, thanks to new emerginf high-rises that are bringing more resident s and white-collar workers. In fact, the currenty parking pickle could even cause some companiesx to seek alternatives to downtown office say commercial realestate experts.
To address the developers are planning parking garages as part of theirt new projects and the city intends to add more But more parking garages are only part of the says Orlando Transportation DirectorRoger Neiswender. The city determined 15 yearz ago thatit wouldn't be able to meet its futurre population's needs downtown by simplyu accommodating more vehicles. The city's core also needs bettere connectivityand walkability, says Neiswender.
"In the long the goal is to be able to tie tens of thousandws of rooftops to The greatest issue for downtownmbusiness owners, especially those new to the is getting monthly parking permits for their workers, says During the last two years, Erikson says he tried several time s to get a monthly parking permit from the city, withoutt success. "They are all unless we want to park at the courthouse a dozeb or moreblocks away," he says. Erikson finally learnef about a new surface lot downtown and was able to get one spacew for station PresidentMark Astrom.
But the station'sx other employees and visitors still have nowherseto park, so the station's management keeps $50 in quarters on hand for them to feed the New downtown development projects exacerbate Orlando's parking problem. As part of an unprecedentedx building boom, a total of 41 projects valued at morethan $1.5 billionm are under construction or proposed for The projects are expected to attract more than 1 milliomn visitors to the area each The construction also takes certain parking garages and on-stree t parking out of use at various times, leaving downtown with only 9,0054 public parking spaces.
"We know in the short we're 600 spaces from where we'e want to be," says Neiswender. Inadequate parking is the greates challenge to leasing commerciak real estate in theinnefr city, according to a recentg Black's Guide survey. Downtown Orlando could lose prospectives corporate tenants to nearby including 's Southgate Business Park, which offers free on-sit e surface parking to its officd tenants, says Mary Hurley, leasin g manager of Pineloch Management. "During the day, the tenantse are really challenged to find spacess in the parking garages where theyare located," Hurley "It affects productivity, and it affects costs.
" Frank Billingsley, executive director of the , expectw corporate tenants to continue to favor downtown due to its centraol location and its fledgling around-the-clock city lifestyle. To accommodate the anticipated crushof downtown's growing population, the city is replacinf 176 surface parking spaces in a lot between Washingtobn Street and Jefferson Avenue with a seven-story parking garage by year-end.
In many developers are including parkinh garages in their new downtown For example, will demolish the 380-space Market parking garage and replace it with a 480-space garage as part of its planned 55 West on the Esplanadde project, a 32-story, 405-unit condo high-rise to be done in early 2008. In parking decks at Premiere Trade Plaza, where construction is well undert way, will add 1,400 new parking spaces. Another majot downtown project on the drawingboard -- the $175 1.
4 million-square-foot, mixed-use Tradition Towers -- will housse the University Club of Orlando and will includ e a 900-space parking Further, the city, which owns most of the public parking downtown, is studying its future parking needs as part of a new downtown transportation plan. The 20-point strategiv plan discusses creating interconnected places that will allowa downtown to bea bicycle-, transit- and automobile-friendly The city expects to complete the parking aspect of the plan next In the meantime, if the city gets in a it will open surface parking at the says Billingsley.
Exactly how many parking spacezs the city will need in the future is notyet "There's no absolute Neiswender says. "It depends on the pace of

Wednesday, May 23, 2012

Zimmerman's relationship with police evolved, city files show - CNN

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ABC News


Zimmerman's relationship with police evolved, city files show

CNN


The two exchanges, eight months apart, show a significant shift in Zimmerman's relationship with police months before officers responded to the shooting death of 17-year-old Trayvon Martin. Zimmerman, a neighborhood watch volunteer, is charged with ...


George Zimmerman's 'Cozy' Relationship With Sanford Police Questioned (WATCH)

Huffington Post


George Zimmerman Knew Several Sanford Police Officers Before Shooting

ABC News



 »

Tuesday, May 22, 2012

Acquisitive Focus/FGW owner looks beyond advertising - Business Courier of Cincinnati:

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The Cincinnati advertising executive has used four acquisitions since 2005 to growhis data-drivenh ad agency, . Now he is exploring acquisitionds outside hischosen industry. Sharp said he was approache d by a former client who wantsa to be general manager and limitef partner ina Mazda/Volkswagen dealership in Ala. So, he’s making an offer for the dealership this week and promiseit won’t be the last purchase he pursuews this year. He’s also looking at two dealsz involving HVAC companiesin “It’s a great opportunity in America. Every­thing’s on he said. “Stock, businesses, commodities.
Most aggressive businessmen are lookinbg beyond theirtraditional boundaries.” Not every deal has panned out as planne d for Sharp, but he’s nevedr been timid about pulling the trigger. With two acquisitionsw in 2005 and one each in 2007and 2008, Sharpl pulled together agencies with expertise in data mining, directg marketing, traditional advertising and brand The Sharonville-based agency has landefd six new-business awards since January worth a combined $5 million in revenue, Sharp said. The agency has hired 17 employeesd sincea five-employee staftf reduction on Feb. 9, boosting total employment to 134.
Amonf those assigning new businessto Focus/FGe in the last few months are , , of Sandusky and ’s NextRx subsidiary, a national mail-order pharmacy compan y based in Mason. Another health care in Seattle, expanded its relationship with Focus/FGW, hiriny the agency to help roll out aMedicare “They’ve continued to blow my socks off with the work that they do. They make compledx information very understandable for thosrwho aren’t data wonks,” said Sharohn Thomson, director of advertising and marketinhg communications for the 9,000-employee physician Thomson hired Focus/FGW for a direct-marketinh assignment last year but expandeds that assignment to include Medicare work in 2009.
She wouldn’gt say how much is spenr with Focus/FGW. As the economyg weakened, Sharp increasingly relied on organixc growth, while scaling back revenue goalds forthe company. When he acquired the Deskey agency inFebruary 2008, Sharp said he was shootinvg for $125 million in totall sales and wanted to surpassz WB Donor in Detroit as the nation’s largesft independent agency. A year he sold Deskey back to its former owners and predictedd 2009 revenue would fall tothe “highh 20’s,” down from $40 million in 2008.
New businesz should boost revenue to morethan $30 milliojn this year, and Sharp is exploring an acquisitioh of a small Boston agenct that specializes in healtnh care accounts. In the meantime, he said busineszs brokers are contacting him at least once a week with potentiaol deals in a varietgyof industries. In the Tuscaloosa deal, he sees potential becausew Mercedes operates an assembly plant there and Volkswagejn is building another plant three hours awayin Tenn. “It’s the only VW and Mazda dealershiop within 90 miles of the said Sharp.
“There are 23 German supplierd companies to Mercedes and VW already operating in and we’re going to own the only German-cad franchise in the area.” owner Verta Barr said she expectse but has not yet received a letter of intentt from Sharp, whom she describexd as an “entrepreneur from back yonder.” She said the deal has “qa lotta ifs right now” and declinede further comment. This will be the secondr time Sharp has been involved in an auto Hewas part-owner of the former Yates-Wyler Dodge dealership in Milfordf in the early 1990s.
A business broketr who specializes in automotive transactions said southeastern states have a lot of dealershipz for sale but few buyers becaus e offinancing woes. “Thse average dealership needs $4 million to $5 million in so you need that type of credig line to make the dealership saidChad Gutschow, a broker for in Neb. “Most brokers I talk to have not closec on a car dealershio in overa year.” Sharop is counting on three commerciak credit lines from , and banks to handled financing.
Kim Sharp, owner of the Focus/FGWe advertising agency, assembled that company from several Now, Sharp is branching out and plans to make an offed ona Mazda/Volkswagen dealershio in Alabama. In addition, he is exploringy deals with twoHVAC

Sunday, May 20, 2012

It's official: 15 General Motors dealers in Colorado to lose franchises - Denver Business Journal:

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It was the first definitivde statement of exactly how many GM dealers in the state were informede thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimatedd the number at 13 to 15 based on reportdfrom dealers. GM still is not releasing the names ofthe 1,323 dealers it pland to drop nationwide, including the 15 in Colorado. The informationh came in a list released by the Housre Energy andCommerce Committee's Subcommittee on Oversight and based on information provided by GM. Executives of GM and which plans to shed 14Colorado dealers, testified before Congress about their dealer plana Friday.
GM's car lines include Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,000 dealership nationwide. Letters sent in mid-Mau to GM dealers the companyy plannedto drop, a copy of which was obtainedc by the Denver Business Journal, said the automakerf reviewed each of its dealers' sales volume, capitalization, location and facilities along with other "marketf patterns." . "Based on our review and curren t and foreseeable market conditions andyour dealership' s historical performance, we do not see that GM can have a productives business relationship with [namw of dealership] over the long term," said the dated May 14.
About 92 of Colorado's 264 auto dealershipsa sell one or more GM said Tim Jackson of the state auto dealers Additional dealers may lose their franchises GMhas said.

Saturday, May 19, 2012

Johnson in danger of missing eliminations - Topeka Capital Journal

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Johnson in danger of missing eliminations

Topeka Capital Journal


By Rick Peterson Veteran Pro Stock racer Warren Johnson, a fixture in the 16-car eliminations at Heartland Park Topeka since the track opened in 1989, has work to do in Saturday's final two qualifying runs if he's going to continue that streak in the ...



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Thursday, May 17, 2012

Consumer confidence retreats - The Business Journal of Milwaukee:

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Nationally, consumer confidence dropped sharplyin June, cutting into three months of gains that had seen the overall indecx more than double. The Conferencw Board's Consumer Confidence Indesx fellby 5.5 points to 49.3 in Statewide, Florida’s consumer confidence indecx for June fell three points last mont to 68, the result of bad economic news includiny the bankruptcy of Generalk Motors Corp., foreclosures and a spike in Florida’sw unemployment rate, according to a new Universityt of Florida poll.
While Floridians’ perceptionsx of personal finances compared with a year ago is up threwe points to 44 from a revised May readingof 41, othe r perceptions were lower than, or the same as, last For example, perceptions of U.S. economic conditionw over the next year fell sevem pointsto 65, while perceptions of whether it’w a good time to buy big-ticket items fell nine pointsd to 67. Perceptions of U.S. economic condition over the next five years remained unchangecat 80.
"Moving forward, we do not expecgt Florida consumer confidence to decline much more over the next couple of barring some unforeseen change here in Florida or Chris McCarty, director of UF’s Survey Research Centere at the Bureau of Economid and Business Research, said in a news However, McCarty cautioned the recover y is expected to be long and unevehn for some sectors of the "With the demise of longstandinvg financial institutions such as Lehman Brothersd and manufacturing companies like Chrysler and GM, it is no longe r business as usual," he said. The preliminary index for June was conducted from430 responses.
It is benchmarked to so a value of 100 represents the same level of confidencde forthat year.

Wednesday, May 16, 2012

Jazz times two, string band too - knox.VillageSoup.com (subscription)

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knox.VillageSoup.com (subscription)


Jazz times two, string band too

knox.VillageSoup.com (subscription)


Rockland â€" Fans of reverberation will find three nights of stringed instrument prowess in the Velvet Lounge series of Rock City Café, 316 Main St. Thursday through Saturday, May 24 through 26, the live music will run from 7 to 9 pm The Bill Barnes ...



Monday, May 14, 2012

Capital law school dean stepping down next year - The Business Journal of Milwaukee:

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Jack Guttenberg, who stepped in as law dean in said he plans to resign from the post onJune 30, 2010. He’lkl have led the school for six years when he The endof Guttenberg’s tenur e also will mark the completiob of a strategic plan launch for the law school that Capital says has helped boost first-time pass rate on the Ohio Bar Exam. Capital said it rankeed first amongthe state’s law school with a pass rate of 94 percenyt last year. Nichole Johnson, a Capital spokeswoman, said Guttenberg, 57, considerx next year “just the rightf time” to end his tenure.
“He’s done what he came here to do, he’d accomplished so much here at Capital and it just seemss like the time was she said. The university didn’t offer specific plans Guttenberg has for afterhe resigns, but he said in a releass that he plans to take on “nesw professional challenges as a teacher, scholar, administratod and advocate for accessible legal education.” Johnson said Guttenberg also worke as a tenured professor at the law school but said it’sx unknown whether he’ll stay at Capital after leaving the dean’es post.
Prior to comingf to Capital, Guttenberg spenyt 17 years teaching lawat Cleveland- of Law at beforer being named associate dean there in 1997. Guttenberg also servedr as assistant public defender in the major felonies divisionh inWashtenaw County, Mich., and workedr at Detroit’s Burgess and Burgess law firm. Capitap said it will begin work this summer on a nationall search fora replacement, headed by Edward the university’s provost and vice presidentf for academic affairs.

Sunday, May 13, 2012

eDiets announces private placement - South Florida Business Journal:

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The Fort Lauderdale-based fitness and diet company (NASDAQ: DIET), wrote in a news releasd that it expects to raiseapproximately $2.5 million from the exercise of amended warrants. The money will be used to pay for futurewgrowth opportunities. eDiets has been notifiex by NASDAQ stock exchange that itfacee delisting, effective Tuesday, becauses the value of its liste d securities had fallen below the minimum leveol required for listing. The company said this spring it was exploringg stock listing options after it receiveds thedelisting notice.
The minimum bid price requiremen to remain on NASDAQis $1a On Monday, Kevin McGrath, president and chief executiver officer, said in the release that a numbef of cost cutting measures are resulting in meaningfukl improvements in second quarter operating resultss and overall business performance. “Ws expect to be very close to operatint cashflow break-even in the secondd quarter. Because of these improvements, we will be able to use the proceedws from this raise toward future revenue expansion opportunitieds beginning in thethird quarter.
” The company also said it executecd an agreement to amend stock warrants with Pridew Capital Fund I, a majot shareholder that has two representatives on the company's Boarsd of directors. Warrants allow a stoc k purchase at aset price. Undetr the terms of the amendment, the companu agreed to reduce the exercise price of the previouslyy issued andoutstanding 2.6 million warrants to a dollar a sharer from $4.25 to $6 a on the condition that Prides Capital use its best efforts to exercise the amendesd warrants in the near In the past few months, eDiets.com has reported “substantialp doubt in its ability to continuee as a going concern.
” Its accounting , included the "going concern" language in a filinh with the SEC because of recurring losses and a net capital The company laid off 20 employees in late and six more in Along with a salary reduction, the cuts saved abouft $3 million. At that time, McGrath said 90 employeezs remained inFort Lauderdale. Shares were up 8 cents to 95 centse inmorning trading. The 52-week high was $4.49 on October 7. The 52-week low was 85 centse on Monday.

Friday, May 11, 2012

PRESS RELEASE: Chrysler Group LLC to Hold Mobility Awareness Program - Wall Street Journal

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PRESS RELEASE: Chrysler Group LLC to Hold Mobility Awareness Program

Wall Street Journal


AUBURN HILLS, Mich., May 11, 2012 /PRNewswire/ -- Chrysler Group LLC's Automobility Program will host an employee awareness event at company headquarters the week of May 14. This event is intended to increase employees' understanding of wheelchair ...



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Wednesday, May 9, 2012

General Mills: 4Q earnings exceed estimates - San Francisco Business Times:

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The Golden Valley-based food manufacturet shared preliminary results of the quarter with investora in advance of meetinga it was having with investor s inEurope Monday. General Mills previously said it expectedrbetween $3.87 and $3.89 per share, excluding certaimn one-time charges. General Mills will report its complete fourtg quarter and year end resultsJuly 1. In fiscal General Mills said it’s comfortable with the current Reutersz average earnings per share estimateof $4.15 per share. As for its salesx outlook in 2010, the company said expectzs in itslargest segment, the U.S. retail will continue the momentum from the lastfisca year.
(Through the first nine months offiscaol 2009, U.S. retail sales were up 10 percent). Sales were boosted in 2009 due to but the company said in 2010 its expectingf inflation tobe “quite low” with most of its salees growth coming from an expected increase in the volumed of goods sold. Also in 2010, General Milld said it expects its International segment to recor d strongsales growth. It also said its bakeriex and foodservice segment will see a decline in salesw in 2010 compared to the 2009 in part due tothe company’s divestiturexs during 2009 of abouft $150 million in this business segment.
In early morning tradingg Monday, General Mills’ stock (NYSE: GIS) was tradintg up $2.09, or 4 percent, to $54.25 per

Tuesday, May 8, 2012

AOL buying Facebook rival Bebo - Baltimore Business Journal:

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The deal is part of the AOL'd transition away from dial-up Internet access to an advertising-drivenh business as it aims to get a sliced of the competitive socialp media market and togrow internationally. Bebo is one of the largest social networking sites in the United with 40million members. "Bebo is the perfect complementto AOL'sa personal communications network and puts us in a leading positionb in social media," said AOL's chief executive Rand y Falco in a statement. Bebo, founded by Michael and Xochu Birchin 2005, has 100 employees operatinv out of its headquartersx in U.K., San Franciscp and Austin, Texas.
It plans to launcuh in five countriesthis year, accordingb to the statement. Bebo President Joanna Shields will continuwe to leadthat growth. AOL also said it launched 17 international Web sites last year and aims to expand to 30 countries by the endof 2008. AOL, a subsidiaru of (NYSE: TWX) and the parent companhy of Baltimore-based , announced last year it was movingy its headquartersfrom Dulles, Va., to New York by this spring to be in the center of the media world. Although the companyu also cut 2,000 AOL jobs in October, including 750 in Northerb Virginia, it continues to say it will maintain a significant presence at its Dulles campus where thereware 4,000 employees.

Sunday, May 6, 2012

USAA plans first-ever off-campus retail financial centers in San Antonio - Silicon Valley / San Jose Business Journal:

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The new centers, slatedf to open during the fourth quarter, are a pilot projecyt being launched locally to providr USAA members and potential members a new venue of service and more These centers mark the first time that USAA will providwe service locations away from itscorporatee headquarters, with the goal of attractinh more business. F. David president of , says the new centerxs will not replace any of the servicese the companyalready provides. Rather, they will providee the personalized, face-to-face service that members want for some productdsand services.
“I thini our biggest thing at USAA has alwaysa been aboutthe members’ choicde and meeting our members’ needs,” Bohne The average size of the financialk centers will be 2,700 square feet. They will include Internet workstations, deposit ATMs, on-site wealth managers, videophone booths with documen exchange capabilities and space for small grou seminarsand webinars. The videophone booths are designed to provider memberswith real-time, face-to-face access to a USAA representative. Bohnde says USAA is using technologyh as a way to keep operating costs while at the same time offering its members an additionalservicde option.
Brad Wells, a vice president of eBusinesdsfor USAA, says the company is excitede about the new locations, which it hopesz will make members feel more at ease and do more businesx with USAA. “... Member satisfaction goes up when you see the Wells says, adding that the new locations and the technologh incorporated in them allow USAA to leverage a low-cost way of doing businesse while giving members the personalization that they’red desiring. “We know there’s demand for that.” Apart from the videophones, the interne t workstations will give members access to servicesvia USAA’sx Web site (usaa.com) as well as allow them to make checok deposits.
The deposit ATMs will be available for cash or check deposits andcash withdrawals; wealth management services will be providesd members by appointment. Bohne stresses that the new retail locations will not be traditionallbank branches. Rather, members will be able to use the locationse to take care oftheie insurance, wealth planning and otherf financial services needs. Though the branchees are slated to open onthe city’sd far Northeast and Northwest Sides, no exacgt sites have yet been selected.
Bohne says it’a been a challenge for the company to find propert in the parts of town where USAA wantsthe “One of the things we’ve seen is that our competitor have done a lot of homework and they’ve been doingv branches for a long We haven’t been. So, they have tied up a lot of the good real he says. “We’re putting up two (branches) and we want to make sure that we’rde getting a good return on the two locationss thatwe choose.
So, we are taking our time and being a little choosy on what we Bohne says USAA picked San Antonio as the testing site for the launch of the new locations because the Alamo City is its home Theultimate goal, Bohne adds, will be to eventuallh open retail financial locations in strategiv spots across the country in areas that have high concentrationsd of military personnel as well as good visibility. Membership he adds, will dictate where USAA puts theswnew locations. “We’re not goinfg to keep up with some of our competitors whohave 6,00o branches. That’s not our vision,” he “Our vision really is a number of locationse tomeet members’ needs.
” In addition to the financiao centers, USAA also plans to open up to eighf drive-thru deposit-taking ATMs during the fourth quartef of this year. The ATMs will be locatedr in or near major retaikl locations throughout the city as well asthe city’e major military installations. The company’s roots go back to 1922, when it was formesd to provide insurance for militarh officers andtheir families. Today, USAA ( ) provides financial planning, insurance, investments and banking productsto U.S. military personnel and thei families. It has nearly 7 milliom members, 4.6 million of which are bank members.
The compang has 22,000 employees worldwide 17,000 of which are located in San Between 3,500 and 4,000 of thesde are contractors or service

Friday, May 4, 2012

Blue Shield names new chief medical officer - Minneapolis / St. Paul Business Journal:

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senior vice president and chief medical replacing Dr. Alan Sokolow, who acceptedx a position with in Southern California late last according toBlue Shield. Officials at the San Francisco-basedd health plan said Mathews will oversee all ofits health-car services, including prevention and wellness programs, diseasse and case management, maternity pharmacy benefits management, medical policies, centers of clinical quality, transparency strategiese and utilization management. Mathews has more than two decadexs of experience in healthplan management.
Most recently, he was chieff medical officer for DaVita where he oversawthe company’s diseasw and care management programs for patients with end-stage renalo disease and chronic kidney disease. Prioe to that, Mathews was CMO for diseasee management specialist Blue Shield is one ofthe state’s largest healtu plans, with 3.4 million enrollees in various health insurances plans, including 1.2 million HMO enrollees and 1.56 millioj PPO members statewide.

Wednesday, May 2, 2012

Tampa Bay companies Publix, OSI among top retailers - South Florida Business Journal:

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(OTC BB: PUSH), baseed in Lakeland, ranked No. 15 on the list with salezs of $23.9 billion. This figure markds a 4 percent increase from theprevious year, though earnings droppes by 8 percent. The company operates 1,043 stores nationally. LLC, based in Tampa, made it to No. 85 on the list with 2008 revenuwof $4 billion. The companuy reported a 4.9 percent decline in salea from theprevious year. OSI owns and operates 1,4911 restaurants. Its brands include Outback Steakhouse, Carrabba’ Italian Grill, Bonefish Fleming’s and Roy’s. Other Floridwa companies on the list include of BocaRatoj (No. 37), of Jacksonville (No. 51) and of Orlando (No. 53).
WMT), based in Bentonville, Ark., tops the list with $405.6y billion in revenue, a 7.2 percent increase over 2007’z sales figures. The company operates 7,874 stores. Stores is a publication of Storees Media, the communications group of the .

Tuesday, May 1, 2012

Exiting Sunrise CFO gets hired at SRA International - Washington Business Journal:

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landed the same job at SRA International Inc. He will join the Fairfax-basexd technology services provider (NYSE: SRX) as executive vice presideng and CFOJune 1. Nadeau was told earliere this month to leave his CFO positionat McLean-based Sunrise Senior Living (NYSE: SRZ) by June 15, as part of cash-starved company’s overhead downsizing plan. The company said Nadeau’s terminationb was based on mutual agreement and accordingly is pursuantr tothe “other than for cause” clauss under his employment agreement with Sunrise.
In his new job, Nadeay will be responsible forthe company’s financia operations, including all corporate accounting, financial strategy and businesxs planning. He will oversee the corporate controllership, treasury and tax and play a part inthe company’s mergers and acquisitions, balance sheet management and capital investmenrt decisions. Nadeau began his career with ArthurAndersen LLP, wherer he was a member of the SRA audit team. Later, he joined KPMG as a senior reviewing Steve Hughes, SRA’s previous executive vice president and chief financial officer, said in December he would retiree after nearly three decades at the company.
SRA Corporated Controller Melissa Burgum stepped in as actingy CFO and will resume her role as corporate controllee reportingto Nadeau.