Thursday, December 29, 2011

Fujifilm Medical buys Morrisville's Empiric Systems - Triangle Business Journal:

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Empiric has become a full subsidiarh of Fujifilm MedicalSystems USA, which is basef in Connecticut. Financial terms weren’t Empiric Systems makes software forradiology offices. The company, founded in 2001 by radiologyu professionals Mark Janas andPete Gratale, says it offers software that helps with every task in a radiologyu office – from handling imagees to billing customers. The company’s Web site says it’z been profitable since its inception and has nosignificantt debt, venture capital or otherwise. Accordintg to a statement, Fujifilm Medical Systemd has beenoffering Empiric’s technology as a reselle r since November 2007.
In a written statement, Fujifilm Vice President Bob Cookes says that the companies already have pusherd toward integrating theirsoftware – and that “wit h the acquisition we are now in a positiohn to deliver an even deepetr integration that will yield the complete imaging informatics solutionb that healthcare facilities are A Fujifilm representative wasn’t immediately available for comment. Fujifilnm Medical Systems is a subsidiaryof Japan’d (Nasdaq: FUJI).

Tuesday, December 27, 2011

LCD makers settle price-fixing case for $553 million - Reuters

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USA TODAY


LCD makers settle price-fixing case for $553 million

Reuters


The latest payout includes $538.6 million to resolve claims by "indirect" purchasers that bought televisions and computers with thin film transistor LCDs, as well as claims by eight states: Arkansas, California, Florida, Michigan, Missouri, New York, ...


Sharp, Samsung Agr ee on $539 Million to End Antitrust Cases

BusinessWeek


LCD makers in $553 million price-fixing accord

Chicago Tribune


Tech firms to pay $553 million in settlement over  »

Sunday, December 25, 2011

Indonesian govt to promote Banyumas batik art - Fibre2fashion.com

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Indonesian govt to promote Banyumas batik art

Fibre2fashion.com


The Banyumas batik art belonging to the southwestern part of Central Java province in Indonesia will be promoted by the Government and for the purpose a gallery would be built using state funds. The Government has allocated a sum of IDR 1.78 billion to ...



Friday, December 23, 2011

Russian spacecraft delivers 3 to orbiting station - The Associated Press

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The Associated Press


Russian spacecraft delivers 3 to orbiting station

The Associated Press


MOSCOW (AP) รข€" A Soyuz spacecraft safely delivered a Russian, an American and a Dutchman to the International Space Station on Friday, restoring the permanent crew to six members for the first time since September. But just as concerns over the ...


Soyuz spacecraft carrying Russian, American, Dutchman docks at International ...

Washington Post


Russian Spacecraft successfully docks to the ISS

RT


Russian Craft Docks At International Space Station

RadioFreeEurope/RadioLiberty



 »

Wednesday, December 21, 2011

Burger chain inks first

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The first two Smashburger restaurants are ontheir way. The located in the Stonde Ridgeshopping center, is set to open on June 21. Storee No. 2 will open in earlgy July, at the Park North shopping center. To celebrat the debut of this new takeon fast-casualp burgers, SB Alamo will have a grand openin g celebration on June 27 at the Stone Ridge The center is located at U.S. Highwaty 281 and Evans Road, on the far North Park North is locater alongLoop 410, between Blanco Road and San Pedro Avenue, in Norty Central San Antonio.
“We are excite d to bring the Smashburger experience to San saysMike Griffith, director of marketing for SB “At Smashburger, the core of the branrd is to be every city’s favoriter burger place ... .” The owner and developer of the Smashburgert conceptis Denver-based privater equity firm . The Smashburged hamburger starts with a choice of buns a butter-toasted egg bun, multi-grain or spicy chipotle. The signatured touch is the beef is smashed onthe grill.
It is a procesd that creates on the bottonm of the patty a caramelized coatin g of juices that give the burgerits

Monday, December 19, 2011

Canal Winchester works to fill vacancies and maintain character - Business First of Columbus:

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"That was pretty much downtown," Schmidt "There wasn't really anything with a lot of 'for lease' and 'for sale' signs." As it happened, Schmidgt had a need for commercial spac to start his computer technology firm and took the space at1 S. High St. "We wantede to help revitalize the downtown," said Schmidt, formet chief information officer at thelaw firm. Schmidt' s attraction to the historic district centered at High and Waterlolo streets came as the nonprofit Canalp Winchester Downtown Association had already begun promotiny an area boasting severalkhistoric properties. That area now has few commercial vacanciez and thriving businesseslike iBeam.
Businesses "like the atmospher here compared to anoffice park," says Bob president of the association, now called Main Street Canalp Winchester. "It's not a cookie cutter Several Central Ohio communities have worked on developinf their old downtowns aftef years of promoting the construction of new commerciall centers onthe ever-expanding periphery of the suburbs. Significant projectd include the Creekside development in downtown Gahannz and redevelopment of a lumberyard near the center of Grove City intoa mixed-use "Just like the downtown of urban core citiex like Columbus, I think you're seeing that same trend in the suburbajn communities," said Jim Russell, executivw vice president for the consulting and development The suburbs "are getting more aggressive and looking at the possibilitiezs of their downtowns.
" Several of the communities have pusheed new public facilities, such as a city facility or parking as the foundation for downtown revival. In Groveport, the village'as community improvement corporation plans to lease land it assemblec at the end of its commercial strip to Pizzutji Solutions in an effort to creatsmore retail, restaurant and officw space. Such a "resource center ... can be a usefu l part of redevelopment, especially those that create foot traffic," Russell said. In Canal Winchester, the village alreadyg had vacant buildings.
So the business associatioh played up the charm of the which has several buildinge onthe , and promoted eventz such as summer farmers' markets and the village's Labof Day festival. "We didn't go out and get businessesz here," said John executive director of the MainStreet "We just promote it and let the marke forces work." Downtown did take a bit of a hit a few years ago when access at High and U.S. Route 33 became limited.
That cut off a majot entry corridor into the downtown from the But Garrett said downtown has established itselfd so well as a destinatioh business center that customers just found their way from Gender Road via The few businesses that did close were replaced by new such asthe Fern's Attic consignmen t shop and the Shop on High dress The Team Gear sports apparel formerly the Cool School Shop until it movedx out to Gender Road six years ago, planas to return downtown by mid-September to 29 W. Waterloo St. Establishedf businesses downtownhave expanded.
Schmidt said iBeam bought out a formetr office across the street from its original location threwe years ago as the technology businesz thrived and ran out of space in itsoriginalk digs. "Minutes after the 'for-sale' sign went up, we walkesd over," said Schmidt, now Main Street president. "It was just the perfec fit for us." The building, whichu Schmidt said once served as a Cold Warfallouf shelter, works well as a place to operate remote computer servers for iBeam clients, he (Studio Fusion Salon & Spa now occupie iBeam's original space.
) Greg Powers, majority ownef of the Shade on the Canapl restaurant, said he expect s to open a 60-seat expansion of the restaurang he and his partners re-opened in March 2004 afterd a number of restaurants failed. He said the name of the restaurany comes from the Shade restaurant that first opened more than 60 yearsx ago and also recognizes the canapl that ran through town inthe "There's always been something special about this said Powers of its atmosphere and history. "It's still small-town he added. "I always wanted to move to Mayberry," the fictional setting of the "Andy Griffithb Show" in the 1960s.
Schmidt and Powers said the quie setting has proven resilient as customers and employeez at each of the businesses stop by to visig other businesses inthe district. Schmidty said his business "helps create a nice luncuh crowd for Shade andHarvest Moon," a nearby coffee house and That works for Powers. He "The more people we have in town, the bettedr it is for everybody." The Main Streegt organization continues to work on amenitiese to keep those businesses andcustomersz coming. It recently launched a fundraisinbg effort to renovatethe 102-year-old interurban traij station, a building connected to the iBeam building that was sold to the villags a couple of years ago.
That building could becom e a conference center for the downtown if the fundsx for the renovationcome in. The village also has a formere Marathon gas station that the nonprofitf plans to clean upand market, opening up a development site wherse few exist. Both properties are close to a former South Central site used for storag of utility poles that has since been convertef to apublic park. Main Streeft expects the conference center and the availability of a commerciaol development site to keep downtown Canal Winchested as an attractive business center for yearwto come. "When the pieces come Garvin said, "you get a successful downtown.
"

Friday, December 16, 2011

Eddie Bauer declares bankruptcy - Business Courier of Cincinnati:

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had struggled with its debt a crisis that worsened as revenue part of an overall trend affecting most retailers durintthe recession. The company has lost nearly a half billionb dollars in the past three Those losses, coupled with the impact of the recessionn and debt payments apparently pushed the company into bankruptcy court — a move that was rumorerd for months. Eddie Bauer becamd the latest major retailer to succumb to filing in bankruptcy courtthis recession. The list also includesa Linens ‘n Things, Circuit City and Northwest retailef , which sold its assets to a liquidator in Aprilk and closed31 stores.
In many Eddie Bauer’s crisis is not different from what most retailers are facing during this prolonged and deep saidGreg Charleston, an Atlanta-baser consultant for Conway MacKenzie who workse with financially stressed retailers looking to Most retailers — except discount storesw like Wal-Mart — have seen a fast drop-off in retaipl revenue across the board, Charleston said. Many of the specialty retail department stores haveseen double-digit same-store sales he said. “When revenue drops and same-store salee drop, companies with less debt can weather a downturn much Charleston said.
“It becomesd an issue much soonerd if you are into liquidity As ofMay 11, Eddie Bauer reporte having $289.5 million in outstanding including $187.8 million in term loans and $75 millioj in convertible notes, whicnh company executives have been trying to persuade debt-holders to convert into shares of the company. Accordingh to a filing with the , Eddid Bauer had total assete of $525.22 million in April. The company listed total liabilitiesxof $448.9 million. Eddie Bauee reported net lossesof $165.5 millionn in fiscal year 2008, part of a totap of $478.7 million in losses durinfg the past three fiscal In the first quarter that ended in April, the company reportesd net losses of 44.
5 million. For the firsty quarter of fiscalyear 2009, which ended Aprikl 4, Eddie Bauer reported a loss of $44.45 million. That was a greater loss than the firsg quarterof 2008, when the company reporter a $19.3 million loss. Net saled for the first quarter of 2009were $179.98 million, compared with net sales of $213.2 million in the first quartere of 2008. The company said that combinede comparable storesales — a barometetr of success at the store level — fell 11.3 percent for the firsrt quarter, a decline the company blamed on the recession and reduce d retail spending.
Sales were down nearly 15 percent inEddie Bauer’e retail stores and sales throug h its direct channel were down nearly 11 The outlet stores saw sales decline by nearlh 76 percent. “The first quarter was a difficult one, as the sharp downturn in the economu took its toll on our sales. We continuecd to focus on cost cutting and cashflow management, whichn helped mitigate the impact of lower said CEO Neil Fiske, in a statement with the first-quartet results filed with the SEC. Eddise Bauer has 370 stores, includingf 251 retail stores and 119 outlet stores in the Unitesd Statesand Canada. Eddi Bauer has 17 stores in Washington and 11 storesin (See a copy of the bankruptcy filing .
) But by filing for reorganizationb under Chapter 11 of the federal bankruptcy Eddie Bauer hopes to avoid the fate of Joe’z Sports & Outdoor, which filefd for bankruptcy protect March 4. The Ore.-based company had hopef to finda buyer. But In a bankruptcy judge approved the liquidation ofthe Joe’s stores after the company could not find a Joe’s had 31 Northwest stores — 10 of them in King and Pierce counties that held going-out-of-business sales after the company’sx assets were snapped up at bargain basemenyt prices by , a liquidator that also sold off merchandise for Circuiyt City.