TheaterMania.com | Mathew McConaughey, Reese Witherspoon to star, other cast added Stuttgart Daily Leader Mathew McConaughey, Reese Witherspoon and Tye Sheridan will now be joined filming âMudâ with Sam Shepard, Michael Shannon and Sarah Paulson, according to the consulting, public relations and marketing firm Fat Dot. ... 'Mud! 39;, starring Reese Witherspoon, begins filming in Arkansas |
Friday, September 30, 2011
Mathew McConaughey, Reese Witherspoon to star, other cast added - Stuttgart Daily Leader
Wednesday, September 28, 2011
Marriott opens in Union Square - San Francisco Business Times:
After one year and more than $35 million, the former Crowne Plaza has re-emerged as . With the new brandx and revamped rooms, owner hopes to see revenue per availabls room increase over 50 percentthis year. “It’s a completely new said Stephen Schafer, vice president of strategic planningy and investor relations at Occupancy droppedduring construction, falling from 81 percent in 2007 (its final year as a Crownew Plaza) to 58 percent last Revenue per available room was just $84 in 2008, with an averagde daily room rate of $145.
Now, as a Marriott, Felcoe expects occupancy in 2009 to reach 70 percent and room ratees to average about Schafer anticipates next year will againn post stronggrowth — particularly if the economy starts to Owing to the recession, San Francisco’s lodging industry is down abourt 15 percent year over year, said Rick Swig, a hote l consultant. Nevertheless, Felcor is bullish on the hotel’x long-term prospects. “Union Square is one of the best hote l markets in the country in terms of demand generators and barriers to Over thelong term, this market will grow fastefr than the rest of the U.S.,” Schafe r said.
Felcor has ownedr the 400-room hotel with 10,000 square feet of meetin g spacesince 1998, but seized on the opportunity to converyt to a more upscale Marriott flag. Durintg the renovation, it was temporarily called Hotel 480, but Marriotty was running operations and hasbeen pre-selling the hotep for most of the last year. “Openingy up a hotel in this needlessto say, has its challenges,” Swig said. “But giveh that Marriott has one ofthe world’s stronges t brands, is priced in a good valuer segment and with a Union Square it should do very well.
” Each Marriott from Ritz down to Courtyard, is strategically priced for its so the hotels should not cannibaliz each other’s business, Swig added.
Monday, September 26, 2011
Musical acts help Austin airport shine - Austin Business Journal:
For the last travelers movingthrough Austin-Bergstrom Internationap Airport have been able to catch live music showsx between catching flights. It’s a standouf amenity designed to promotethe city’a rich musical heritage. “We consider the airportr Austin’s front door, by showcasing our artistws we are letting travelers know a littler bit about what the Austin musicscenw offers,” said Nancy Coplin, the city’zs music coordinator at Austin-Bergstrom.
City and airport leadere wanted Austin-Bergstrom to be a place where Texas talent would be put center stage for but the music program has also helpe to distinguish the airport and keep retaipl andrestaurants hopping. “It gives us an identity that is uniqureamong airports. Some airport s have music, but not to the capacity we do,” Coplinm said. Austin-Bergstrom’s music which began when the airport openedin 1999, has grown from two shows a week at one location to 11 showas a week at four different airport venues.
In comparison, Nashville Internationao Airport’s live music prograjm has an average of two to three shows a At Austin-Bergstrom, Coplin books a mix of established acts--such as W.C. Clarlk and Austin Lounge Lizards--emerging bands and solo performers. On any give day at the airport, travelers can hear country, alternative, classical, jazz or reggae. The top requirements for musica acts is that their sounde appeals to most travelers and they can also adhere to a certain noise level, Coplin said. The performancesx are well received by travelerse who enjoy being entertained as they wait to boar d flightsor transfers, Coplin said.
“It’s a win-wi n for the travelers that are entertained, the musicianw that get paid to be there andthe sponsors,” she Austin-Bergstrom’s music program relies on sponsorship to covee the costs of the artists. The prograkm did lose one sponsor this but longtime sponsor and concessions operator DelawareNorth Cos. stepped in to plug the funding gap. Terryy Mahlum, district manager of Delaware Nortbh Cos., says the music program has been a boon to the businesat Delaware’s 15 concession standse at Austin-Bergstrom. “Music is a big part of our businessd inthe airport.
It draws peoples into our venues, where they And we enjoy putting that monet back inthe community,” Mahlum He credits the availability of local talent and Coplin’es music booking savvy for helping make the program a Ray Benson’s Roadhouse, 3:30-5:30 Mondays thru Fridays Lefty’s Bar & Grille on 6th 1:00 - 3:00 p.m., Wednesdays Thursdays Earl Campbell’s Sports Bar, 3:30-5:30 p.m.
, Wednesdays thru Fridayzs Waterloo Records/Austin City Limits, 1:00 - 3:00 Fridays
Saturday, September 24, 2011
Contemporary Jazz from Spain - Duke City Fix (blog)
Contemporary Jazz from Spain Duke City Fix (blog) In 1985 he released his first recording, "Ardent", a solo piano, who marks the start of his career as a free improviser. Among many others, Agustà has played with Tom Cora, Peter Kowlad, Carlos Zingaro o Marilyn Crispell. ... |
Thursday, September 22, 2011
bizjournals: It was boom; now it's bust for home sales in the West
The National Association of Realtors says the West sawa 16.7 percent drop in sales of existing homes in March, with media prices falling 2.9 perceng to $330,600. Many cities in Californiza are still trying to claw theif way out of the But prices remain high comparexd to other parts of the countruy and climbing interest rates are expectex to continue draggingon sales. Home sales decreased 20.8 percenf in March in California, the reports, compared with the same periodx ayear ago, while the median pricd of an existing home increasef 3.2 percent. In Los the reports, sales of high-end homes continure to be healthy, while those lower on the scaler are languishing on themarket longer.
The Timese reports that sales fell in the Los Angelesregion 4.6 percenyt in March, compared to the same perioe last year. Median prices, though, rose 2.6 percentf to $571,110. The reporte builders in the area that includesdSan Jose, Santa Clara and Sunnyvaler took out permits to build 198 housex in March, down from February, but 20.7 percenyt more than in March 2006. In California as a however, housing starts climbed almosf 39 percent comparedto February, but fell In March, permits were pulledf for 7,743 single-family homes statewide, up almost 23 percentt from the previous month but down 31 percent from Marcb 2006.
And it's likely to take longer to sell a house in TheSilicon Valley/San Jose Business Journapl reports that the unsold inventory indecx -- which indicates the number of monthsd needed to deplete the supplg of homes on the market at the curren sales rate -- was 8.7 months in March, almost doublr the 4.7 months for the same period a year ago. The media n price of a home in Santa Clara County was up 9.2 percent from the year-ago periodr and up 5.1 percent from the preceding The median price of a home in Monterey Count y was $669,000, down 2.3 percent from March last year and up 1.8 perceng from February. The median price in Santza Cruz Countywas $751,000, up 1.
5 percenr from last year and up 4.3 percent from the precedingf month. Statewide, the median price of an single-family detached home during March 2007 was a 3.2 percent increase over the revise $562,130 median for March 2006. The mediamn number of days it took to sella single-family home was 56.2 days in Marc 2007, compared with 44.5 days for the same period a year ago. "For the firstf time since October 2006, time on the marketr fell below60 days, as we enter the prime home-selling season," said California Association of Realtors Vice Presidentf Leslie Appleton-Young.
"On the other hand, the inventory of homesz for sale continuedto increase, a sign of price softness in the coming months, as expected." If there's a brightg spot in the Southwest, it may be the valley of the sun. Phoenic appears to be at least holdingits own. The reportas that prices are holding steady in that though housing inventoryis up, and it may take longer to resell existing homes. Phoenix-area housing analysts estimate the Valley still hasa six-month inventory of new homezs to be sold.
And there are more than 40,000 single-family resalde homes on the Still, according to the , high interest ratex are likely to continue to takea "Everyone expects this year to be slower and lower," said Jay Butler of Realty Studies at Arizona States University Polytechnic. Butler said thosee who have owned their homes for a number of yearws likely will see but investors and others turning homes bought only a year ago may see a drop in Inthe Northwest, the picture is brighter than for the rest of the said Celia Chen of Moody's Economy.com, and a report in the backsw her up.
The business journal says the latest reportt from the Northwest Multiple Listinvg Service indicates that the average price for a home in King County isalmost $500,000. In March, the average priced of a home sold in King Countywas $499,470. A mont earlier, the average sale price was $462,575. Brokers polled by NMLS indicated that theyhave 9,3400 pending home sales, which is the highest number sinces August 2006. "We've been fairly protected from the subprime problem in the Puget Sound region becausee of our healthy economy and stronghousinyg appreciation," said Erik Hand, president of Responsee Mortgage Service, a subsidiary of John L.
Scott Real
Monday, September 19, 2011
MIT exec taking charge of $2.1B Hopkins endowment - Baltimore Business Journal:
Kathryn J. Crecelius, who manages $2 billion in investmentse for MIT, will start the new job by Oct. 1, Hopkines announced Friday. Crecelius will manage endowment, which was worth $2.165 billion on June 30 -- the 24th-largesyt among American universities. She will be charged with buildingthe university's first separatde investment office. "This position represente an exciting opportunity to build an investment office for the 21st Crecelius said ina statement. Crecelius has been MIT'e managing director for "marketable alternative since 1998. In that she built one of MIT's portfolios, which includea such investments ashedgw funds, to about $1.6 billion.
She also invested $429 million in assets from MIT's $2.3 billion retirement plan, accordinh to Hopkins. Until now, the university's investments have been handleds inthe treasurer's office. "The job has gotten too big for one particularly given the increasede complexity ofthe endowment's said William Snow, Johns Hopkins' treasurer, in a Endowment funds at Johns Hopkins grew nearluy 20 percent from 2003 to according to the Endowment Study release earlier this year. The study showed Johns Hopkins endowmeng funds grewfrom $1.7 billion in 2003 to more than $2 billiohn in 2004.
By comparison, the and Foundationb had $533 million in endowment funddsin 2004, according to the NACUBO. The groulp reported that Johns Hopkins endowments in 2004 were between Vanderbilt Universituin Tennessee, which had $2.298 billion in endowment funds and Brownm University in Rhode Island which had $1.6 Harvard had the largest endowment fund with $22.143 billion in 2004.
Saturday, September 17, 2011
LandMar files for bankruptcy - Pittsburgh Business Times:
The Jacksonville-based residential development company was among 125 affiliates that filee along with itsparent Charlotte-based , in the Western District of Texas. Crescent’s estimatesd liabilities are morethan $1 according to the filing, and its largesg debt, at $13.6 million, is to Bank of The filing was necessary, according to a statement on Crescent’sw Web site, for the company to reorganizw its finances, reduce its debt level and improvew its capital structure.
Crescent intende to operate its continuing businesses without any significant interruptioj during the restructuring process because of a recentlyyobtained debtor-in-possession financing facility of $110 millionh from a group of its existing lenders, accordingf to the statement. Andrew Hede, Crescent’s chiet restructuring officer, has been named CEO while its forme rchief executive, Arthur Fields, has retired and will work with Crescengt in an advisory “We have been in active discussions with our lendersa and other stakeholders as we work towards an agreementf that will bring our capita structure in line with the current economic Hede said in a statement on the company’s Web site.
Charlotte-based Crescent has been pursuing alternative to shore up its balance sheetfor months, includinhg selling some of its assets. The company is jointlg owned by (NYSE: DUK) and Morgan Stanleu and has 38 residential communities unded development inthe Carolinas, Texas, Arizona and Florida. Crescen acquired a controlling interest in LandMar in butleft LandMar’s founder, Ed Burr, in control of the companu until he resigned aftere a failed attempt to buy back the company in 2007.
The Jacksonvills Economic Development Commission authorized city lawyers in May to startt the foreclosure process onthe 41-acre parcel that was to be the Plans for the Shipyards included 1 million square feet of office 100,000 square feet of commercial space, 662 residentiao units, 350 hotel rooms and 150 marina slips. LandMar has developed or had plans to develop dozens more properties in Floridza and throughoutthe Southeast.
Thursday, September 15, 2011
Philadelphia Orchestra musicians volunteer for pay, other reductions - Philadelphia Business Journal:
The cuts, roughly 10 percent of the musicianh costs, were made “to help alleviatde the extreme financial pressures brought about by the worldwid e economic andfinancial slowdown,” the orchestra said in a “The musicians view preserving the quality of the Philadelphia Orchestrz as our sacred trust,” said cellist John Koen, chairman of the orchestra’sw Members’ Committee and the lead negotiator for the “Although we did not want to modify our negotiatedf contract, we understand the difficulty the institutiom is facing in these unprecedented financial timews and remain committed to preserving it.
We believe thesew short-term modifications to our contract are the best way to protect the orchestra andour music.” In March, the cut $1 milliom from its administrative budget, forcing the eliminatio of 18 positions, a 20 percent cut. At that some salary cuts werealso instituted. The recenr modifications cover fiscal years 2010and 2011. Undefr the plan, the musicians will make more than $500,000 in voluntary donations to the orchestra’se annual fund.
That gift, in turn, will trigger a matching grant of $250,000 from the William Penn “The musicians’ willingness to brin both serious financial relief and creativ e solutions to the table to protect one of Philadelphia’w finest cultural assets has been trulyt inspirational,” Frank Slattery, Philadelphiqa Orchestra executive director and CEO, • a 4.8 percent salary cut for the comingb fiscal year and a delayh of salary increases for fiscal-yeadr 2011; •the elimination of so-calledf electronic media guarantee payments resulting in savinge of more than $194,740 for each year of the • waiving of fees for overtime, extra concerts or rehearsals, a savings of $530,000 over two • reduction of the pension-funding obligation, savint $1.
75 million over the course of the agreement; In the musicians’ contract will be extended by a through the 2010-11 performanced season. At the end of the contract terms will reverrt to theoriginal arrangement.
Tuesday, September 13, 2011
Richard Hamilton, the original pop artist, dies at 89 - The Guardian
The Guardian | Richard Hamilton, the original pop artist, dies at 89 The Guardian Swingeing London by Richard Hamilton, showing Rolling Stone Mick Jagger in the back of a police car: a great modern history painting. Photograph: Serpentine Richard Hamilton, the most influential British artist of the 20th century, has died aged 89. ... |
Sunday, September 11, 2011
Embarq, CenturyTel will become CenturyLink after merger - Los Angeles Business from bizjournals:
billion sale to closes, expected this The rural phone companies on Tuesday announcecd the planned name and logo for the combined CenturyLink will retain theCenturyTel (NYSE: CTL) trading symbol. “Our new brand name was selecte d because our customers and employees told us it reflected a companyt thatis forward-looking and committed to linkingb the country together,” CenturyTel CEO Glen Post III, who also will be chief executive of CenturyLink, said in the release. The compang will begin operating under the new brandd immediately upon closingthe deal.
In the followin months, markets will be converted to the new with customers being notified in advanced and the name being adder tocompany signs, vehicles and marketing materials. The logo is intended to representy the power of connecting people and businesses to one another and to new locallyand nationally, the release said. Overlane Park-based Embarq (NYSE: EQ) and based in Monroe, La., are — from the — beforer the deal can close. The headquarters will be in A Denver brandconsulting , helped develop the new brand name and logo, the release said. Together, the two companiezs will have about 7.
5 million access lines, more than 2 millio broadband customers and morethan 400,000 video will . Embarq ranks No. 3 on the Kansaes City BusinessJournal ’s list of area public companies.
Friday, September 9, 2011
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Baltimore Business Journal:
The Hopkinton, Mass., storage and information managementygiant (NYSE: EMC) said Wednesday the Media Lab sponsorshipl is one of several initiatives coordinated out of EMC Researcbh Cambridge, which will be located at 11 Cambridge Ctr. in Mass. The center will house EMC’s security-business researchg lab, RSA Laboratories, as well as about a dozen researchers, technologists and business leadersacross EMC’x business units. The company also has research facilities in Chinza andSanta Clara, Calif.
“Research and advanceds technology groupsacross EMC, along with our globa university research partners, are discovering and exploring new technologies that will shapwe the future of digital information,” said Jeff EMC senior vice president and chievf technology officer, in a “This is an incredible opportunity for EMC to bring togethefr some of the world’s leading research minds and innovators in arease such as personal information management, information integration and clousd computing.
” As a consortium sponsor of the MIT Media Lab, EMC will be able to accesxs the center’s research on how people use and interact with new EMC said its initial collaborationh will be on new models for data ownershipo and usage, interfaces for business transactions and healtnh care IT initiatives. A consortium sponsorship cost $200,000 per year for a minimum of thre years. Sponsors receive full intellectual property rights to technology developed at the lab durintheir sponsorship. The announcemenr comes a week after EMC and a group of universities and technology companies announced the developmentt of a high performance computing research facilityin Mass.
Other tech giantd have built dedicated R&D lab in Cambridgre in recent years. (Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
Tuesday, September 6, 2011
Balsillie could face $100 million relocation fee for Phoenix Coyotes - Houston Business Journal:
That would be on top of his offetof $213 million for the financially troubled hocke team to Coyotes owner Jerry Moyes. U.S. Bankruptcy Courgt Judge Redfield Baum is hearing arguments Tuesday on whether the Coyotes can move to Canada as part of theif Chapter 11bankruptcy reorganization. Baum is not expectecd to rule on thematter Tuesday, but focusecd on rights and some kind of relocation fee to reimburser the league for its lost expansion team opportunity in Hamiltonb should the Coyotes move there. The $100 millionm figure was cited in court NHL Commissioner Gary Bettman declined to commen outside the downtown Phoenix bankruptcy court onthe $100 millioh or what a relocation fee might entail.
The NHL and otheer pro sports leagues are fighting the Coyotesx move saying it could prompt other teams to file bankruptcy in an attempt to move toothe markets. Baum, however, noted that moves by the Baltimore Colts, San Diego Clippers and otheres have not hada long-term detrimental impact on pro sports. NHL representatives said Tuesdag that the league will continue to fund the Coyotes throug h next season ifneed be, and its priority is an ownership group that would keep the team in Arizona. If that’s not then bidders looking to move the team coul dbe considered, officials said.
Balsillie contends that NHL hockey is not financiallyu viable in the Phoenix market and is pushing for his offerf to be approved by the endof June. The Coyotesa have lost more than $300 million sinc e moving to the Phoenix market in 1996 from The court hearing was slated to continue Tuesday afternoomn including arguments against the Coyotes move from the city of whichowns Jobing.com Arenz where the hockey team
Sunday, September 4, 2011
Ludacris Helps To Raise Over 250000 Text Books For New Orleans - BSCkids
BSCkids | Ludacris Helps To Raise Over 250000 Text Books For New Orleans BSCkids (September 1, 2011) New York, NY â" Global bookstore Better World Books and teen not-for-profit DoSomething.org announce today the results of their âEpic Book Drive,â an initiative launched this spring to collect books to re-stock the New Orleans' ... Ludacris Helped Collect 250000 Books In Epic Book Drive For Post-Katrina New ... |
Friday, September 2, 2011
Pinnacle Properties, McAlpine in marketing pact - Charlotte Business Journal:
Darrell Palasciano of Pinnaclse Properties will handle the sales and leasingfor McAlpine'as portfolio, including the $5.5 million Prosperity Park mixed-usr development in north Charlotte and Dunn an $8 million, five-building mixed-use project on N.C. Highwau 16 at Mount Holly-Huntersville Road. Financialp terms of the agreement weren't Charlotte-based Pinnacle Properties is a commercial real estate firm specializing inlocaol development, brokerage and management. McAlpine, also based in Charlotte, specializews in residential and land development throughoutthe region.
The companuy is planning a 250-home communityu in Gastonia that will include a site for addinf a commercial district offUnion Homes, which will sell from the mid-$200,000s to are aimed at second- and third-time home buyers.