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Denver News For Today's Breaking NewsBy Kenneth R. BlankenshipNews reporting is a classification of journalism, typically written or broadcast in news style.
Being proactive, using geographic targeting, or geotargeting, is the ability to target consumers by geographical location and releases is one line of direction to complete started.
You need to have the latest in commercial enterprise news at your fingertips all the time, so you can move fast to leverage any viable advantage you might have in the purchasing public.
The security of wireless networks remains the beyond all bounds debated topic within mercantile business circles.
The terms breaking news and special report are terms used to describe at which time a broadcast network breaks into regular programming for coverage of an conspicuous news story.
To be of any lasting value, line of work
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Freedom Communications sells four papersFreedom Communications Inc. has sold four papers in the Midwest to an affiliate of Philadelphia private equity firm Versa Capital Management LLC.
The four papers are:
The Telegraph in Alton, Ill.The Journal-Courier in Jacksonville, Ill.The Sedalia Democrat in Sedalia, Mo. The Lima News in Lima, Ohio
Terms of the deal were not disclosed. The sale is expected to close within 30 days.
According to a release from Freedom, "(s)ubstantially all current employees will transition to the new company."
The...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=aBb8ZvlZS_g:NrIvh2fKmiA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=aBb8ZvlZS_g:NrIvh2fKmiA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>CalPERS ups contributions for state employee pensionsCalifornia will pay 5.7 percent more in the next fiscal year for state employee pensions, according to the California Public Employees? Retirement System.
The state of California will pay $3.7 billion in fiscal 2012-2013, which begins in July, up from $3.5 billion it is paying in the current fiscal year.
The CalPERS board of administration approved the new rates Wednesday. They will go into effect July 1.
The $213 million increase is needed because of the change in economic assumptions approved...<div class="feedflare">
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</div>California jobless claims rise by 1,600<img src='http://assets.bizjournals.com/boston/jobsearch*100.jpg?v=3'>The number of people filing new jobless claims across the country was stagnant at 370,000, with no change from the previous week, according to a weekly report from the U.S. Department of Labor. California, however, saw an increase in new claims.
The four-week moving average was 375,000, or a drop of 4,750 from the previous week.
The number of people claiming unemployment benefits was 6,273,624, a decrease of 149,759 from the previous week.
The Golden State reported an increase in claims of 1,613....<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=QhsdwHCtvMY:A9HnEoY5Sso:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=QhsdwHCtvMY:A9HnEoY5Sso:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=QhsdwHCtvMY:A9HnEoY5Sso:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>MIG Real Estate makes first buy in Texas<img src='http://assets.bizjournals.com/houston/news/Logo_MIG*100.jpg?v=1'>MIG Real Estate LLC has bought its first Texas property, Wynhaven at Willowbrook, a multifamily community in Houston.
The Newport Beach-based real estate investment company is expanding its investment strategy and looking into opportunities in the Sunbelt and the Western U.S., the company said in a May 16 statement.
Wynhaven is a 372-unit community with an occupancy rate of 96 percent.
The local submarket experienced 4 percent rent growth last year, and growth is projected at 10 to 15 percent...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=DNvTW70S6p8:bPgHL3kDGIc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=DNvTW70S6p8:bPgHL3kDGIc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=DNvTW70S6p8:bPgHL3kDGIc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>California mortgage, consumer debt drops<img src='http://assets.bizjournals.com/stlouis/creditcards3*100.jpg?v=1'>The average Californian owes less in credit card and mortgage debt than they did last year, according to a new report, but credit scores still dropped a little.
According a monthly report from Credit Karma, Californians owed $303,745 in mortgage debt in April, compared to $309,579 in March and $311,551 in April 2011.
Californians also owed an average $5,674 in credit card debt, compared to $5,900 in March and $6,384 in the year earlier period. Student loan debt fell to $29,069, but auto debt rose...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=5AB-sRuysW8:29Foq2w_K1I:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=5AB-sRuysW8:29Foq2w_K1I:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=5AB-sRuysW8:29Foq2w_K1I:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>Warren Buffett?s Berkshire Hathaway boosts stake in Wells Fargo<img src='http://assets.bizjournals.com/charlotte/warren%20buffett%201%20315*100.jpg?v=1'>A regulatory filing from Warren Buffett?s Berkshire Hathaway Inc. shows the legendary investor has increased his holdings in Wells Fargo & Co. and several other companies, The Wall Street Journal reports.
Buffett raised his longtime stake Wells Fargo (NYSE:WFC) at the end of 2011 as well.
Berkshire Hathaway?s filing also reveals new investments in Viacom Inc. and General Motors Co., though the WSJ speculates that those might have been made by the company?s new portfolio managers, Todd Combs...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=K7BXQhKxRn0:OhN_rTYy2Hs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=K7BXQhKxRn0:OhN_rTYy2Hs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=K7BXQhKxRn0:OhN_rTYy2Hs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>Skechers settles false advertising suit<img src='http://assets.bizjournals.com/losangeles/news/kimkardashian*100.jpg?v=1'>Manhattan Beach's Skechers USA Inc. shoe company has settled a lawsuit accusing the company of false claims that its ?rocker-bottom? shoes promote weight loss and muscle strength. The company has also allocated as much as $40 million for consumer refunds nationwide.
Details about obtaining a refund are available on the Federal Trade Commission?s website.
The FTC, the District of Columbia and 44 attorneys general nationwide were involved in the lawsuit.
Skechers chose not to fight the lawsuit,...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Lqi1g1ZSWA0:QYXo4ozfQa8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=Lqi1g1ZSWA0:QYXo4ozfQa8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=Lqi1g1ZSWA0:QYXo4ozfQa8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>Boeing prepares for U.S. defense spending cutsBoeing Co., which has operations from its Defense, Space and Security division throughout Southern California, said it is preparing for the "distinct possibility" that U.S. defense spending will be cut by a total of $1 trillion over the next decade, the Chicago Tribune reports.
The defense division has laid off about 8,000 of 60,000 jobs over the past 18 months, but most of those positions have been shifted to other departments inside the company, such as the commercial sector.
If $500 million...<div class="feedflare">
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</div>USC on cusp of Coliseum controlThe University of Southern California is on the cusp of controlling its home football venue -- the Los Angeles Memorial Coliseum -- as the Coliseum Commission approved a measure that would give USC control of the venue, according to the Los Angeles Times.
The vote was approved 8-to-1, the report said.
Under the new lease, USC would control the facility until 2054. USC would fun $70 million in upgrades and take control of the revenue.
For more on the deal, read the original Times report.<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=dgcncRzKWXU:FSR_70orqg8:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?i=dgcncRzKWXU:FSR_70orqg8:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_losangeles?a=dgcncRzKWXU:FSR_70orqg8:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_losangeles?d=qj6IDK7rITs" border="0"></img></a>
</div>Proposed budget cuts hit court system<img src='http://assets.bizjournals.com/sanfrancisco/news/California_state_flag*100.jpg?v=1'>Gov. Jerry Brown?s proposal to whack trial court funding by $544 million this fiscal year will seriously compromise public access to justice, members of the judiciary said Monday.
The governor?s proposed May revision of the state of California budget includes a $300 million cut in trial court funding. It also delays $240 in spending on trial court construction and seeks to save $4 million by increasing retirement contribution for state court employees.
Chief Justice Tani Cantil-Sakauye said...<div class="feedflare">
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The networks added news coverage that weekend, largely payable to the cancellation of major-league sporting events.
The Denver News hasan online and time-honored print newspaper with local as well as national commercial news configuration. The breaking news broadcast in the US only deals with in the United States, unless the news will dramatically bearing US citizens or the US economy. Because industrial news is high-ranking to you it's exceptional for you to follow news quickly via an RSS feed.
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Kenny is an experienced family business consultant and business coach who specialized in helping business owners and farmers understand the power of effective communications. Day to day decisions add up to create life long strategies so they are the most important ones any of us is likely to have. To have strategic conversations means to talk about what's important constructively so every decision takes you closer to your objectives. Click here for a free report that will help build your company's capabilities for a brighter future.
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Physical therapy association to convene in Tampa
The American Physical Therapy Association will hold its annual conference and exposition at the Tampa Convention Center from June 6-9.
The conference is expected to attract about 2,200 attendees, producing about 6,300 hotel room nights and $2.4 million in delegate spending, a statement from Tampa Bay & Co. said.
APTA, a membership organization representing physical therapists, physical therapist assistants and students, is based in Alexandria, Va.<div class="feedflare">
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Brown & Brown Inc. acquires certain assets of Insurcorp
Brown & Brown Insurance of Nevada Inc., a subsidiary of Brown & Brown Inc., acquired select assets of Insurcorp and Maalouf Benefit Resources, which recently combined under the name Insurcorp.
Insurcorp is a provider of employee benefits and consulting services to clients, in addition to property and casualty related insurance products. The company has annual revenue of about $5 million, according to a written statement.
Brown & Brown (NYSE: BRO), headquartered in Tampa and in Daytona Beach, provides...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_tampabay?a=ngfJ7tzh914:Yjqhj6gFUdE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_tampabay?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_tampabay?a=ngfJ7tzh914:Yjqhj6gFUdE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_tampabay?i=ngfJ7tzh914:Yjqhj6gFUdE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_tampabay?a=ngfJ7tzh914:Yjqhj6gFUdE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_tampabay?i=ngfJ7tzh914:Yjqhj6gFUdE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_tampabay?a=ngfJ7tzh914:Yjqhj6gFUdE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_tampabay?d=qj6IDK7rITs" border="0"></img></a>
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Fowler White lawyer makes iPhone app idea a reality
<img src='http://assets.bizjournals.com/tampabay/blog/MothernBelleApp*100.jpg?v=1'>Many of us have had a great idea for a product or service but shied away from developing it because it fell outside our field of expertise.
Jenny Gribbin, a real estate acquisitions lawyer at Fowler White Boggs, envisioned an Apple iPhone app that would consolidate the various list-keeping and scheduling requirements of parenting.
The idea occurred to her as she was driving one of her children to a friend?s house and realized she?d left something behind.
?I was thinking it would be nice...<div class="feedflare">
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Report: Halifax Media angling to make Trib its flagship
<img src='http://assets.bizjournals.com/charlotte/blog/bank_notes/Buffett_Warren_newscom315x309*100.jpg?v=1'>News that Media General Inc. will sell all of its newspapers ? with the exception of the Tampa Tribune ? for $142 million in cash to Berkshire Hathaway Inc. is cause for a lot of speculation.
Publicly, Media General (NYSE: MEG) said it is in discussions with prospective buyers for its Tampa print assets.
Calls to the company?s corporate communication team are pending return.
But it could be Halifax Media that is the company in talks to buy the Tribune, an unattributed report on Poynter.org...<div class="feedflare">
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Bloomin? Brands boosts IPO offering, adds Raymond James as underwriter
<img src='http://assets.bizjournals.com/tampabay/news/WEB_Outback*100.jpg?v=1'>Bloomin? Brands has increased the size of its planned initial public offering and named Raymond James & Associates Inc. as an underwriter.
The Tampa company, whose portfolio includes Outback Steakhouse and other dining chains, now plans to raise as much as $345 million in an IPO, a filing with the U.S. Securities and Exchange Commission said.
That?s up from the $300 million proceedings expected when the company initially unveiled its plan to go public last month.
The company also added Jefferies...<div class="feedflare">
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Sun Country to connect Tampa Bay with Minneapolis/St. Paul
Sun Country Airlines, an airline based in Mendota Heights, Minn., will offer nonstop service from Tampa four times a week beginning in December.
Service will operate on Monday, Thursday, Saturday and Sunday.
The airline announced service to Huatulco, Mexico, along with the new Tampa service.
Tampa is also the latest addition to Sun Country?s cruise package options, a written statement said.
?Tampa and Huatulco are destined to become a favorite among Sun Country customers,? Stan Gadek, president...<div class="feedflare">
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Media General sells all papers, except the Tribune
<img src='http://assets.bizjournals.com/tampabay/news/Newspapers_iStock*100.jpg?v=1'>Media General Inc. will sell all of its newspapers ? with the exception of the Tampa Tribune ? for $142 million in cash to Berkshire Hathaway Inc., the company said Thursday. Media General (NYSE: MEG) said it is in discussions with prospective buyers for its Tampa print assets.
Warren Buffett?s Berkshire (NYSE: BRK.A and BRK.B) will also offer new financing in the deal, offering Media General a $400 million term loan and a $45 million revolving credit line.
The newspapers being purchased...<div class="feedflare">
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Operating income slips for Moffitt, All Children's
<img src='http://assets.bizjournals.com/tampabay/news/AllChildrens_IMG_6758*100.jpg?v=1'>The three months ended March 31 were tough ones financially for H. Lee Moffitt Cancer Center & Research Institute and All Children?s Hospital.
Both saw a drop in operating income for the quarter.
Moffitt had a $4.7 million loss from operations in the just-ended quarter, compared to $1.4 million in income from operations in the same quarter in 2011, the third quarter of Moffitt?s fiscal year.
For the nine months ended March 31, Moffitt had a $7.5 million loss from operations, on operating revenue...<div class="feedflare">
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Annual Business Growth Expo Thursday afternoon
<img src='http://assets.bizjournals.com/tampabay/market_promotions/2012-Expo-promo*100.jpg?v=1'>More than 100 exhibitors and 1,500 business professionals are expected at the Tampa Bay Business Journal's 2012 Business Growth Expo today at the Raymond James Stadium West Club.
Seminars to help growing business this year range from business financing and marketing to tax changes and security. The seminars begin at 2:15 p.m. Tickets are $20 at the door, and doors open at 2 p.m.
Click here for more information and a full list of seminars and exhibitors. Attendees also will have a chance to win...<div class="feedflare">
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Study shows coffee drinkers live longer
<img src='http://assets.bizjournals.com/albuquerque/news/coffee-beans-600*100.jpg?v=1'>Go ahead and pour a second cup this morning ? new research indicates coffee drinkers are likely to live longer, despite their bad habits.
A large study including about 400,000 indicates that instead of raising risks for heart disease as previously thought, coffee has some small benefits, according to an Associated Press report published in the Tampa Tribune.
Some studies of coffee drinkers can be thrown askew because coffee drinkers are more likely to do harmful things to their bodies like smoke,...<div class="feedflare">
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Post Holdings postpones results following Ralcorp?s delay
<img src='http://assets.bizjournals.com/stlouis/blog/Stiritz,-William2*100.jpg?v=1'>Post Holdings Inc., which was spun off in February from Ralcorp Holdings, said late Wednesday that it has delayed the release of its earnings for the second fiscal quarter of 2012.
The delay follows Ralcorp's announcement Tuesday that it has delayed the release date for its fiscal second-quarter earnings for the second time this month, citing its ongoing investigation into accounting errors found in earlier results.
St. Louis-based Ralcorp (NYSE: RAH) delayed announcing its results for the fiscal...<div class="feedflare">
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Urban League President James Buford to retire next year
<img src='http://assets.bizjournals.com/stlouis/blog/buford_james_2011*100.jpg?v=1'>James Buford, who has been president and CEO of the Urban League of Metropolitan St. Louis for 27 years, will retire in the middle of 2013, he said today at a meeting of the league?s board of directors.
Board Chair Debra Denham will appoint a search committee to seek local and national candidates to fill Buford?s position.
Under his leadership, the St. Louis affiliate of the National Urban League has grown in scope, services and community influence, and he is widely recognized as an effective...<div class="feedflare">
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St. Louis adds 2,900 jobs during past year
<img src='http://assets.bizjournals.com/stlouis/news/SaintLouisArchGatewayWeb*100.jpg?v=1'>The St. Louis metropolitan area added 2,900 nonfarm jobs from March 2011 to March 2012, an increase of 0.23 percent.
The St. Louis area employed 1.3 million people as of March this year. The metro area's small percentage growth in the past year ranks it 85th of the 100 largest metro areas, according to an On Numbers analysis of the latest figures from the U.S. Bureau of Labor Statistics.
All but 14 of the nation?s biggest metro areas added jobs during the past 12 months.
Percentage-wise, Stockton,...<div class="feedflare">
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Scott Credit Union pledges $100,000 for new St. Joseph?s Hospital
<img src='http://assets.bizjournals.com/stlouis/news/ScottCreditUnion_Promo*100.jpg?v=1'>Scott Credit Union has pledged $100,000 over the next five years to support the new St. Joseph?s Hospital being built on Route 160 at Troxler Avenue in Highland, Ill.
The new building is about a mile north of the current 64-year-old hospital it will replace.
Construction recently began on the new 91,000-square-foot facility, which is scheduled to be complete in the summer of 2013. The $60 million medical campus will include a 25-bed critical access hospital and medical office buildings.
St....<div class="feedflare">
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Nominate your rising star for 30 Under 30 awards
With just over 24 hours remaining in the nomination process, more than 110 individuals are vying for a spot on this year?s 30 Under 30 awards list. The nomination period will close at midnight tomorrow (Friday, May 18), so this truly is your last chance to recognize an up-and-coming star in your industry.
Our pool of nominations includes individuals from all parts of the St. Louis metro area who work in a variety of industries. From nonprofits to government agencies and health care to financial...<div class="feedflare">
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Concord Bank CEO Tony Feraro dies at 64
<img src='http://assets.bizjournals.com/stlouis/print-edition/2010/11/19/Feraro,-tony_web*100.jpg?v=1'>Tony Feraro, 64, the president and CEO of Concord Bank, died Wednesday afternoon, KSDK reports, citing an announcement Wednesday by the bank's chairman, Earl Gates.
Feraro joined the bank as president and chief executive in November 2008. He previously had worked as chief executive of Silvergate Bank in La Jolla, Calif., since 2006. Previously he had been a bank consultant and had served as chief executive of Unity Bank Corp. in Clinton, N.J. Feraro had worked in St. Louis from 1984 to 1995 as president...<div class="feedflare">
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Alton Telegraph to be sold to Versa Capital Management
Officials from Irvine, Calif.-based Freedom Communications Inc. said today that they reached an agreement to sell the Telegraph in Alton and three other newspapers to an affiliate of Versa Capital Management LLC.
The financial terms of the deal were not disclosed. The sale is expected to close within the next 30 days, and all employees will transition to the new company, Freedom Communications said.
Philadelphia-based Versa Capital Management, led by CEO Gregory Segall, is a private equity investment...<div class="feedflare">
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Enterprise Holdings acquires Mint Cars On-Demand
<img src='http://assets.bizjournals.com/baltimore/blog/Enterprise-Rent-a-car*100.jpg?v=1'>Enterprise Holdings has acquired New York City-based Mint Cars On-Demand, a car-sharing company serving more than 8,000 members in New York City and Boston. Financial terms of the transaction, which closed today, were not disclosed.
Mint will operate under its current brand name for the short-term before being incorporated into the local Enterprise car-rental fleets in the New York City and Boston regions. From there, it will operate as a natural extension of the Enterprise home-city business model,...<div class="feedflare">
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Stillman's Blues group raised $72 million to buy team
<img src='http://assets.bizjournals.com/stlouis/Stillman_Tom_Web*100.jpg?v=1'>Tom Stillman?s ownership group of the St. Louis Blues raised $72 million in an equity offering to buy the team, with each investor putting in at least $1 million, according to a document filed with the Securities and Exchange Commission.
The SEC Form D document, required for such fundraising, does not specify how much each investor kicked in.
The name of the corporate entity was SLB Acquisition Holdings LLC and is registered to the same address as Stillman?s Summit Distributing beer distribution...<div class="feedflare">
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MEMC CFO Murphy resigns, Wuebbels named successor
MEMC Electronic Materials Inc. said Wednesday that its chief financial officer, Mark Murphy, resigned effective immediately to return to Praxair Inc. , and that Brian Wuebbels has been named executive vice president and CFO to succeed Murphy, the St. Louis Business Journal reports. Murphy, who is leaving to become president of Praxair Surface Technologies, will work with MEMC in a consulting role to assist in the transition.<div class="feedflare">
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