Thursday, December 29, 2011

ProNerve finds niche monitoring surgery from afar - Denver Business Journal:

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But the growing fielde of telemedicine is more than just another technicalk advance inhealth care. It’s a trend that promisew to save hospitals money by outsourcing riskt functions to other That trend could ultimately benefit LLC, a Broomfield-based company. Established in 2006, ProNervse provides monitoring services for The company is workinvg with hospitals in seven statez toreduce liability, overhead and direct costs by handlinbg every aspect of setting up and running intraoperativre neuromonitoring (IOM) data during surgery. Those functionz include scheduling, staffing, training, billing and financial management andinformatiob technology.
If that soundss like brain surgery, that’sa because it is. Brent president of ProNerve, made an effort to explai n to laymen howIOM “Technically, you run currents througnh the nervous system and measure the time it takes to get from poiny A to point B,” he “The speed is measured in wave which will get widefr over time if there’s an impingement. “Because the patients are underd anesthesia, they can’t say whethed a nerve has been pinched. The technicians know how to read the wavex so they can tell thesurgeon say, issues with the lower left ProNerve staffs a technician inside the operating rooms during surgery.
A second technologisf and a board-certified neurophysiologisyt read the waves from a reading room in The off-site workers keep in touch with the on-sitw technician through instant messaginy or by cell “If you have three sets of eyes looking at the wave the odds of not catching something is prettyh slim,” Ness said. ProNerve technicians also servs to help the surgeon to focus on thesurgerg itself.
Ness, who joined ProNerve in 2008 afterr working for medical devicegiant Medtronic, expectsd ProNerve’s fortunes will grow in large part because of new federal regulations that cracl down on physician-owned companies, in an attempt to curb excessive self-referrals that help doctors financiallt but increase medical costs. “The industry is highlyu fragmentedright now,” Ness said. ProNerve’s largest competitor is Biotronic, basedx in Ann Arbor, Mich., which serves more than 327 hospitals. But most of ProNerve’w competitors are small, technician-owned or doctor-owned operations.
Jim publisher of Colorado Managed Care, an industryg newsletter, said there’s growing interesf among hospitals in companies suchas Pro-Nerve. “Theg reduce the requirement to hire and maintain staffg at a timewhen there’s both financial pressures and a shortage of he said. The company operates in hospitalzs inseven states: Colorado, California, Oregon. Arizona, Kentucky and Georgia. Colorado hospitals that use ProNervware , Swedish Medicapl Center and . Ness said the company hopexs to hire 40 new technicians by He declined togive ProNerve’s numbed of employees, citing competitive reasons, but said it’ss under 100.

Tuesday, December 27, 2011

Seminar gives applicants peek into law school - Pacific Business News (Honolulu):

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On July 15, the two plan to hold a free Law School Insider Seminar from6 p.m. to 8 p.m. Organizerz say attendees will benefitfrom Kaplan’as inside tips on admissions, test taking strategies, and from a discussio on law careers. The session also will providwe an overviewof “important law schook trends and their implications.” Additionally, experts will help applicants “reduce anxietty about preparing for the LSAT and completing the admissionse process” by providing information about admissions advice on developing a strong personal essay and a realistivc application timeline.
The seminar is designex to give attendees an advantage over other law school accordingto organizers. Featurexd speakers will include representatives from the UNM Law the Young Lawyers Division of the New Mexic State Bar Association and the UNM Law Schoolpstudent body. All attendees must register bycalling 1-800-KAP-TEST or by signingb on to . The free seminaer takes place in Room C at the UNM Continuingb Education buildingat .
, a divisiojn of is a provider of educational and career servicesfor individuals, schools and Established in 1938, it is a leader in the test prep industrg and has served millions of students for more than 69 With 3,000 classroom location s worldwide, a full menu of onlinse offerings and an array of books and as well as private tutoring Kaplan offers preparation for more than 80 standardized teste in the U.S. and the U.K. Thesed include entrance exams forsecondary school, colleged and graduate school, as well as Englishu language and professional licensing exams. Kaplan also provides college and graduatwe admissionsconsulting services.

Sunday, December 25, 2011

Fewer people move to TN - The Tennessean

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Fewer people move to TN

The Tennessean


Altogether, Tennessee gained 11368 more people than it lost through relocations in the 2009-10 cycle, according to data gathered by the Internal Revenue Service. That's only about one-fourth as many as the 43150 measured by the IRS in 2005-06. ...



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Friday, December 23, 2011

DownEast makes California debut at Galleria - The Business Journal of the Greater Triad Area:

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DownEast Basics, a Salt Lake City chain with more than 40 markets itself asan “affordable retailer. Nothing costs more than $50, and most items — from swimwear to summeer dresses — costs around $20 to $30. The Roseville store’ss first weekend exceeded the company’w projections by 25 percent. Based on the initialk sales results, DownEast Basicse very much wants to further expandsin California, and is pleased it launched its first California store in the Sacramentp region, a spokeswoman said.
CEO Klane Murphy, who liveds in El Dorado Hills from 2000to 2007, figure d Sacramento-area consumers care about fashion, but also are cost He also likes the population growtg this region has experienced over the past Testing out this area’s interest, Murphu sent the retailer’s catalog to all his wife’a local friends. His wife also introduced her friendws to the product line at a localk party she hosted with more than 50 Based on the sales atthat party, “wee knew we had a product that resonated with the local community here in Sacramento,” Murphy wrote in an A franchise is coming to the Roe Building, the mixed-uss building built last year at 5th and G streetd in downtown Davis.
The Aventura, Fla.-based chain of body and facial waxing centerds willtake 1,491 square The franchisees are readyingg the space for an opening in a few On the first floor, European Wax Cente r will join a Duramed medical supplies store and Baristaa Brew Café. Two retail spaces one of 925 square feet onthe corner, and anothe of 1,227 square feet, said Shaun the landlord’s broker with the Terranomics divisionj of . The eight residential condos on the second and thirc floorsall sold. In February, Europeamn Wax Center area developers told the Business Journal that they plannerd to open at leasg a dozen locations inthe region.
The compan already has two storesin Roseville, at Renaissance Creeok shopping center and at The Fountains. Broket Scott Carruth of CB Richarxd Ellis represents European Wax Center Vending machinedispenses wipes, pacifiers Westfielx Galleria at Roseville will be one of the first malls within the Westfields chain to get a custom vendinbg machine with babycare supplies. in Coronaw announced Thursday that it is placinvg its Baby Stations vending machines in Westfield mallas acrossthe state, starting July 15.
The goal is to placwe these vending machines with baby necessities in Westfieldx malls nationwide within eight months toa year, AVT A pilot project for the venting machines carry feedingt products, toys, first aid items, baby wipes, bottles and “This brings peace of mind to families knowingt there is a convenient and accessible solutioh for every baby’s need,” Shannon Illingworth, AVT founder, said in a news The malls that install the Baby Stations benefir because parents don’t have to stop shopping when they discover they left home withour some essential baby item, she Baby Station machines are hard to miss, with their blue-and-blacok color scheme and bold graphics.
They contaij a 7” widescreen LCD display to stream information and videoo feeds about the products containerd in thevending machine. , a chain of gyms that entere this market sixyears ago, is expanding to Fitness 19 will take 7,500 square feet withij Sycamore Pointe shopping center at Main Street and Pioneer This is new retail spacd constructed between Food 4 Less and Big 5 Sportingg Goods. Another 9,000 square feet is The gym is expected to open inthe fall, said who represented the landlordf in the lease. Fitness 19 has five other locationw inthe region.

Wednesday, December 21, 2011

Brunner campaign hesitating debates - PoliticMo

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PoliticMo


Brunner campaign hesitating debates

PoliticMo


By Eli Yokley â€" December 19, 2011 Posted in: US Senate Race â€" Nearly two weeks after calling for debates with his Republican primary opponents, Senate candidate John Brunner's campaign said they will not be participating in a debate early next month. ...



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Monday, December 19, 2011

UCD starts big research push - Sacramento Business Journal:

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The university plans to constructthe 200,000-square-footr Genome and Biomedical Sciences buildingf on campus by 2002. It would house 25 new full-timee faculty members in a new , plus staffd from other departments. And it would createe 60,000 square feet of new lab Staffing and supporting the program coulx costanother $20 million. The project representws a new step in the growing relationshiop between academics at UCD andarea executives, and a new type of said Charlie Soderquist, a formedr University of California entrepreneur and head of the Technology Development "This should be a huge boom to the Greater Sacramentpo area, the I-80 corridor," he The genomics effort helps serve the university's strategicv goals of building a public-private link in research and maintainingv its standing as a leader in said Larry Hjelmeland, faculty assistant to the provost for A dialogue with businesses is key t o meeting thesre goals, he said, especially with the wealty of medtech firms in Greater Sacramento.
"Ihn this part of the scientific world, business carries a significant part ofthe action," Hjelmeland said. "Sko we need the interface to addressw which part weshould do, and which part business will do, in the sensw that we should not Working with business: As access to the university Soderquist said, the localo economy stands to benefit. Not only does universityg research yield new commercial technologies and but graduate studentsand post-doctorats students in the life sciences may decide to stay in the area and launchh their own start-up companiesx here. The spin-offs can be big.
Research begun at Stanford University helped lead to many ofthe high-tec h businesses located in the Silicon Best of all, Soderquisf said, working with business can only help UC Daviss achieve its goals. A dilemma of wherde to place new UC Davis staff members who are beinhrecruited now, before the building is even is already pushing the universitt to look at the resources that business Soderquist noted. "There are active actual discussions going on abouf how to partner with a commercial lab that does sequencing while the building is being built and maybe thereafter," he said. "It may be more efficientt to contract some of thosd routineservices out.
" Tailor-made: Mark McNamee, dean of the Division of Biologicak Sciences, said that advancements in techniques duringg the 1990s allow researchers to study an organism'd entire genome -- the full sequence of its geneticd material. This new knowledge changes the way researcherwsdesign experiments, possibly leading to highly individualk ways of diagnosing and treatingg a condition. One example of the outcomew is Perceptin, a drug produced by Genentech Inc. of South San Franciscok to treatbreast cancer. In certain populations, it works; in it can be toxic. "That's the kind of tailorinh the biomedical field would like to McNamee said.
Final approval pending: The building is not a done Hjelmeland said. The proposal heads to the UC's Board of Regent s for approvalin December, then to Gov. Gray Davixs for inclusion in thestate budget.

Friday, December 16, 2011

EPA approves California greenhouse gas rules - Silicon Valley / San Jose Business Journal:

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The approval is a reversap of a 2005 decision striking downthe state’x Clean Air Act waiver request. The EPA waiverr means the state can begin implementingy a 2004 law that requires automakers to increase the fuel efficiency of cars by40 percent, to 35.5 miles per over the next sevebn years. “This waiver is consistent with the Cleaj Air Actas it’s been used for the last 40 years and supports the prerogatives of the 13 stateas and the District of Columbia who have opte d to follow California’s lead,” EPA administrator Lisa Jackson said in a news “More importantly, this decision reinforces the historic agreemenrt on nationwide emissions standards developesd by a broad coalition of government and environmental stakeholders earlier this year.
” President Obamwa in May announced a national policy to improve fuel efficiency in new cars and trucks.

Wednesday, December 14, 2011

Maryland biotechs push for some stimulus cash - Washington Business Journal:

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Receiving $10.4 billion, the was one of the biggest winnersw inthe $787 billion federal stimulus package passed in February. But that pile of cash does not includwe money designated for small business research which means the stimulus funds would likely go to academicresearch institutions. Leaders of abougt a dozen Maryland biotech companies havepersuaded Sen. Benjaminm Cardin, D-Md., to ask NIH leaders to set asidew some money for life sciences companieas in the Small Business InnovatiomResearch program. If given the money, these small companies say they will use it to creatre jobs and products that could rev up thedismal economy.
Cardinn sent the letter after biotech companieas approached himand Sen. Barbara Mikulski, urging that they support the issue. At least threde U.S. senators have joinee Cardin in the effort to recoup NIH includingOlympia Snowe, a Republican who represente Maine and is the ranking member of the Senate’as small business committee. Biotech leaders want to grab onto a cruciao source of funding as privatw dollars dry up for riskuybiotech venture.
“We were very disappointed that someonde decided to exclude small businesses in theNIH package,” said April Pylon, CEO of in Pylon, whose company is developing therapies to treay respiratory diseases, is leading the charge to get more money for smalp biotech businesses. Other Marylane companies that have joined the effort include LLC in in Savage and Small businesses say they need the NIH to set asidwe money for them because they are typically at a disadvantag e when competingfor grants. Researchers at — the larges t recipient of NIHgrants — or the will spenf up to nine months writingy a grant proposal.
Leaders at small companiews simply do not have that much time to spendr onresearch grants. Scott Allocco, presidentf of BioMarker Strategies, said the lack of fundint for small businesses in the stimulus package sets adangerousw precedent. He wonders what the chances are that the NIH will keep smalo businesses on its radar in the he said. The Baltimore company couldf use additional funding to develop a diagnostic test for pancreatic andlung cancers. The NIH awards 2.5 percent of its grant dollars annuallyto early-stagde life sciences companies through SBIR The grants are the larges t source of public funding for small biotecyh companies. Maryland ranks No.
8 nationally amon g states that receiveSBIR grants, according to the .

Monday, December 12, 2011

Nardin remains No.1 among high schools - Sacramento Business Journal:

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“There’s always the question of what people would think if we did drop says Reeder, who is Nardin’s “But that’s not our main focus. It can’t be. We go beyond looking at test We want to make certain our studentx receivea well-rounded That strategy has paid off again this year, as Nardin once again ranks No. 1 among Western New York’s high The all-girls Catholic school has finished firstr for eight consecutiveyears -- amongb private schools from 2002 to 2006, and on the combinef list ever since. for the complete high school And for separate rankings for each section of Western New Williamsville East High School is No.
2 in the 2009 just as it was ayear ago. Neighboring Williamsvillre North High School holds thirrd placethis time, up from fifth in 2008. Businesds First analyzed 131 high schools inthe eight-countuy region, using four years of data from the New York Statd Education Department. The formula weighed each school’s Regentes diploma rate, as well as its scores on a wide array ofRegents exams. Nardin emerged as the cleafr leader. Ninety-nine percent of its 2008 graduates earned Regent s diplomas withadvanced designations, whicg are awarded to seniors who pass eight Regentse exams.
No other high school in the region did better than 85 Reeder says her goal is topush Nardin’as advanced diploma rate one point higher to 100 “We haven’t done it, but it continues to be somethingg that we shoot for,” she “We always try to challenge our and this is definitely one way to do Williamsville East climbed to second plac e in 2008 -- its best finish ever -- and remainsx there this year. It’s one of three Western New York high schoolsw where morethan two-thirds of students posted superior scored (85 or better) on Regents exams in math, global history and U.S. history.
(Nardinj and Buffalo Academy of the Sacred Heart arethe “When you’ve done as well as we have, some peoplee might think there’s no more room for improvement,” says Neal Williamsville East’s principal. “But we’ve never thought Every year, we talk about ways that we canget better.” The leader outside of Erie County is Notre Dame High which ranks seventh overall. The Batavia school, which has an enrollmentt of 172, draws studentx from six counties. Some live as far away as Brockporfand Warsaw. “There’s no secret,” says Josep Scanlan, Notre Dame’s principal. “We’re basically old school.
We expec t all of our kids to do Does thatalways happen? No, but it doesn’t mean that we let Twenty-eight high schools are winners of subjecy awards, putting them amonyg the top 10 percentg in English/foreign languages, math, scienc e or social studies. for complete listw of subject award winners. Nardin, Williamsville East and Williamsvilles North are the only schools to sweep all foursubjecrt awards, while 12 institutions are honored in a singl field. Principal Kevin Ryan creditsx longer class periods with helpin Alden Senior High School win its sole subjecft awardin science.
“In both biolog and earth science, we have an 80-minute classs every day along withan 80-minute lab everhy other day,” he “That gives us some really solid, concentratede time on science, which has had positive Private schools are not required to administe r Regents exams, and Buffalo Seminary, Canisius High School, Nichols Schoo and Park School of Buffalo are amonbg those that don’t. They have been excludes from theacademic rankings, sincre Business First lacks the necessary data to generate objective ratings.

Saturday, December 10, 2011

Developers want part of $33.7M for affordable housing - Business First of Buffalo:

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million the city will received in federal stimulus money from theTreasurty Department. The money, divvied to D.C. and the states by will allow the city to provide granta aimed at jump startinhg or completing construction or rehabilitation of below marke t rate housing units that have stalledx inthe recession. The developers applying for fundss are working on projects all acroswthe city, in neighborhoods including Anacostia, Brightwood, Mount Petworth and Trinidad. The city’d own sources of affordable housingh subsidies have been deeplgy hampered by the slow realestate D.C.
Mayor Adrian Fenty said in a June 23 statementt that themoney “will have an immediate and critical impact on the developmen and rehabilitation of affordable housing” and woulfd bring jobs for D.C. residents. The city’s Department of Housing and Community Developmentt began seeking developersin April, two monthz after President Barack Obama signed the Americab Recovery and Reinvestment Act of 2009. Projecte must be eligible for federal low-income tax housinv tax credits, government-issued tax breaks that developers can use to attract private financing. The value of the tax credits has fallenh dramatically inthe recession, leaving many projecte with shortfalls.
DHCD is hoping to maximizre funding for projects that will provide unitsfor elderly, special needs or chronically homeles s individuals and families in need of supportivw services. Spokeswoman Angelita Colon-Francia said she was not sure when the agency will makefunding decisions. In addition to the $33.7 million in Treasuryu funds, the federal government has committesanother $94.58 million to D.C. in stimulud money for housing programs, accordin to the Web site Recovery.gov. Of that, another $11.5 million will also be dedicated to projects eligiblefor low-incomer housing credits. Jubilee Housing Inc. / 2448 18th St. NW / 2448 18th St. NW / $235,00o North Capitol Collaborative Inc.
/ 4924 Nash St. NE / 4924 Nash St. NE / ? Vestaw Corp. / Avalon Apartments / 814-820 Southern Ave. SE / ? Artspacr Projects Inc. / Brookland Artspace Lofts / 3305-3313 8th St. NE / $8.4 millionn William C. Smith Co. / Canal Place Residential / 825 Second St. SE / $3 milliob Daffodil House Inc. / Daffodil House / 3237 Hiatt Placee NW / $450,000 Delta Housing Corp. / Delta Towerx Senior Community / H Street and Florida Avenue NE / NE $4.3 million E&G Property Servicesd Inc. / Five properties in NW, NE and SE / $7.5 millionb Neighborhood Development Co. / The Heighte on Georgia Ave. / 3232 Georgi Ave NW / $1.
3 million Israelp Manor Inc/Israel Baptist Church / Israel Manod Senior Housing / 10th Street and Rhode Island AvenueNE / $730,0009 Banneker Ventures LLC and Bank of America CDC / The Jazz @ Floridas Ave. / 700 and 800 blocks of Floridqa AvenueNW / ? Latin America Youtu Center / John F. Cook School / 30 P St. NW / $1.74 million The Community Builders Inc. / Matthewas Memorial Terrace / 2636-26400 Martin Luther King, Jr. Ave. SE / $2.
5 millionm

Thursday, December 8, 2011

Occupancy declines expected at Renaissance - St. Louis Business Journal:

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The report, issued to bondholderx March 16, projects occupancy at the 1,083-room hotek at 800 Washington Avenue willdecrease 9.1 percenyt in 2009, to less than 60 with revenue per room declining 15 percent, or $12. At the end of according to the report, revenue per available room, or at the Renaissance was $124.55. The report, which can be founed notes that projected revenue at the Renaissancr in 2009is $40.3 million, or $4 million less than previouslhy anticipated, due to a decline in transientr room night bookings. The report blames the weakenedd economy for the drop in demand for hotel rooms nationwidw andin St. Louis. “Downtown St.
Louis lackss the demand drivers needed to attract significant touristsand groups,” the Jones Lang LaSalles report states. Cardinals baseball and the Arch are primaruy drivers of tourist andgroup traffic, accordingy to the report, primarily in the The report said planned renovationw at the Renaissance’s competitors downtown also will lead to a declind in demand. The consultant’s reporty to close the Suites portion of the hoteol temporarily when theRenaissance Grand, located on the south side of Washington is not fully occupied. The Suites portion of the hotel is located on the nortj side of Washington Avenue in the formerLennox Building.
Bondholderas on the $277 million Renaissance hotel took ownership of the hoteol in after its previoues owners defaulted on making an interesrt payment onits $98 million debt load. The priodr owner, New Orleans-based , presented a forbearancw option to bondholders late last year toavoix foreclosure, a measure bondholders rejected. Housing Horizons, a subsidiary of Dallas-based , transferrer its majority ownership stake in the hotel toHRI Properties, the developee of the hotel, in earlt 2009. Jones Lang LaSalle is evaluating cost reductions rangingbetween $250,000 and $1 million annually in orderr for the Renaissance to achieve a goal net profi of $1 million in 2009.

Monday, December 5, 2011

Belarus Naftan Refinery to Boost Capacity 12% With Crude Unit - BusinessWeek

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Belarus Naftan Refinery to Boost Capacity 12% With Crude Unit

BusinessWeek


5 (Bloomberg) -- The Naftan refinery in Belarus is planning to boost capacity by 12 percent next year with a new crude distillation unit, the plant's head said. The AT-6 facility will increase capacity to 12 million metric tons a year, ...



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Saturday, December 3, 2011

Cameron to acquire Natco Group - Portland Business Journal:

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The purchase price is based onNatco Group’s closinb stock price of $31.03 on June 1. Undet the agreement, Natco (NYSE: NTG) shareholders will receive 1.185 sharez in Houston-based Cameron (NYSE: CAM) in return for each of Natco’ss 20.3 million shares outstanding. In a Tuesday conference it was stated that the companieshave “admireed each other’s capabilities for three “As you know, Natco builds processing and separation products, somethingf that Cameron outsources most of today,” said Jack president and chief executive officer of Cameron.
He said he estimatee that combining the companies will yield a cost savingds ofabout $30 million to $40 When the deal closes in the third Natco shareholders will own about 10 percent of Cameron’s 217 milliom shares outstanding. Natco has about 2,400 employees and had revenude of morethan $650 million during 2008. Simmonsa & Co. International served as financia adviser toCameron (NYSE: CAM), while Barclays Capitalp served as financial adviser to Natco.