Thứ Tư, 15 tháng 6, 2011

Clear Fork schools celebrate many successes - Mansfield News Journal

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Clear Fork schools celebrate many successes

Mansfield News Journal


On June 3 our successes came to a peak by graduating 153 outstanding students. We want to wish them the very best in their future endeavors. The Class of 2011 made many contributions to the success of our academic and extracurricular programs. ...



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Thứ Hai, 13 tháng 6, 2011

Moody

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has lowered the Golden State’s credigt rating two notches, from A2 to Baa1. The credit-ratingy giant warned the rating couls be lowered again unless lawmakera reach abudget deal, already weeks The budget delay has forced the state to issue IOUs for many of its for only the second time sincd the Great Depression. California’s currentr credit-rating is three steps above junkbond status.
“Moody’s believes that as the day and week s go by without enacted solutions to the currentg cash crisis andthe $26 billiob budget gap, the risk to priority and eventually debt-service payments, is increasing,” Moody’s said in the “The downgrade incorporates the risk we believre exists at the current as well as the state’s inabilit to resolve the current difficulties in a timely Last week, downgraded the state’s generalk obligation bonds two steps, from A- to BBB, or two ranksz above junk bond status. California has the lowest credit rating inthe nation, with the current gradwe the lowest since December 2003.

Thứ Bảy, 11 tháng 6, 2011

Atlas Pipeline and Williams launch Marcellus Shale venture - Memphis Business Journal:

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The two companies LLC, on April 1 . Atlas Energy Resourcexs LLC (NYSE:ATN), an affiliate of Atlas Pipelinee Partners, will be the anchor tenan on Laurel Mountain’s system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners willreceive $90 million in a preferred right to proceeds under a $25.5 millionj obligation from Williams, and 49 percent of Laurel Mountain. The obligation amortizes in equal principal installmentw overthree years.
Atlas Pipeline Partnerss can convert its right to receivd accrued principal and interest under the obligatiomn into a sum equal to the accruefd principal and interest and use that to coverd its required capital expenditures underthe joint-venture Atlas Pipeline Partners also said its lenderse recently agreed to relaxc the covenants relating to total debt and earninga before interest, taxes, depreciation and amortization on its $380 million revolvingb credit line and $463 million term loan Additionally, , which owns the genera l partner of Atlas Pipeline Partners, said Monday it has repaid $30 millioh on its credit facilityh and will pay down the remaininbg $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings got the $30 million it used to pay down the facilitty by issuing $15 million of preferred limitedx partner units to Atlas Pipeline Partners and by borrowinf $15 million from Atlas America Inc.
, which owns Atlasa Pipeline Holdings’ general partne r and 64 percent of its common units. Atla America (NASDAQ:ATLS) also guaranteed that Atlas Pipeline Holdings will repagy theremaining $16 million on its credit The Atlas companies have offices in Philadelphi a and Moon, Pa.

Thứ Tư, 8 tháng 6, 2011

Google releases 'safer and snazzier' Chrome 12 browser update - Digitaltrends.com

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USA Today


Google releases 'safer and snazzier' Chrome 12 browser update

Digitaltrends.com


Following in the footsteps of its recent Chrome releases, Google has concentrated on improving security first and foremost. The Safe Browsing feature has been updated to warn users when they attempt to download a potenti »


Start pension early, pay yourself first

Vancouver Sun


Ralph and Greta Wescomb have been happily married for 35 years and have never had the luxury of knowing a company pension awaits them in retirement. Ralph and Greta Wescomb have been happily ...



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Thứ Bảy, 4 tháng 6, 2011

North Carolina's $2B hog industry belted as farms fail - Washington Business Journal:

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Two culprits – overly larg herds and rising costs due to higher grainpricezs – have been shrinking the bottom lines at many hog operationas in North Carolina, the nation’s second largest hog-producing behind only Iowa. To those factors can be adderd the recentswine flu, or H1N1 flu, the effects of which the industry is only startinf to tally up. “A lot of people have just not realizedx what’s been going on in the industry,” says Deborajh Johnson, CEO of the , an industry tradse group. Already, she says, “We are beginninf to see some (hog farmers) leave the industrhy due to financial hardship.
” At threed eastern North Carolina operations, relief from the pressure will come from Chapteer 11 or Chapter12 reorganization. Chapter 12 is a provisionn written into the federal bankruptcu code in 1986 dealing exclusively withfamilh farms. Both Chapter 11 and Chapter 12 allowe a company breathing room to attempta reorganization. In theidr reorganization filings, Bunting Swine Farm of Wilson listed assets of justunder $1 milliomn and debts of $12.e million; Perfect Pig of Newton Grover in Sampson County listed assets of $9.3 million and debtss of $23 million; and of Enfielx listed assets and debts in the $1 millionb to $10 million range.
All threew are considered mid-level producing between 100,000 and 200,000 hogs a North Carolina farmers raise abouy 10 million hogs a year for Some farmersare independent, taking theidr product directly to the market. Othedr farmers operate under contract with one of the major pork suchas Virginia-based , which in the past has had contractx with more than 1,000 North Carolina farms. Anothetr prominent producer is , which has had dealw with as many as 150 North Carolina Recent developments at publicly traded Smithfield Foodsillustrater what’s ailing the industry. The meat-producing giant, in a recentt U.S.
Securities and Exchange Commission filing, reportec losses of $112 million for the nine monthsendingf Feb.1, 2009, explaining that its costs per hundredd weight of hog had risen from $49 to $62, largelh due to higher grain prices. The company attributeas the rise in grain coststo “the United ‘corn to ethanol’ policy.” Meanwhile, as costsx were climbing, the Smithfield managers say, the marketf was glutted because a record numbersx of hogs were slaughtered in 2008 and into 2009. Demand for pork at the grocer y store has been flat in recent New retail numbers will begin to tell the effectzs of theH1N1 scare.
While a finalk determination has not been the blame for the flu outbreak is being laid to hog farmsby some. In response to market Smithfield has been closing someproduction plants, includingh one in Elon near and shaving 1,800 employees companywide. “The whole industry is feelingt pressure,” says Dr. Todd See of Looking down the grain prices have started to moderatee in recentweeks and, Johnson says, the latest Nortu Carolina herd is expected to be 3 percent smaller than last Nationwide, the movement toward smaller herds might be even more pronounced than Nortu Carolina’s 3 percent, says Christine an analyst with Cleveland Research Co.
“A lot of theses (hog producers) have been losing moneyu for 18 months,” she says. “Ane that’s a long time.”

Thứ Tư, 1 tháng 6, 2011

Seattle thinking repeat as 2011 WNBA season begins - USA Today

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Seattle thinking repeat as 2011 WNBA season begins

USA Today


SEATTLE â€" Along with now being a two-time WNBA champion and continued recognition as arguably the best women's player in the world, something else changed for Lauren Jackson in the offseason. ...



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