Assisted living sites face legal challenges Sunwest Management CEO …

In a last-ditch effort to save his company, Sunwest Management CEO Jon Harder placed himself and 14 individual assisted living centers — including Alpine Court in Eugene — into Chapter 11 bankruptcy.
In legal maneuvering that unfolded in the waning days of 2008, Harder sought an injunction to stop nine big investment banks from seizing the most profitable of the company’s nearly 270 assisted living centers across the country.
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December 31, 2008 | , , , , , , ,
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Ciena Solutions Joins SAP(R) PartnerEdge(TM) as an SAP Services …

Ciena Solutions, a NetSol Technologies, Inc.
"NetSol" (NASDAQ: NTWK) (DIFX: NTWK) company and provider of enterprise
application solutions and global business services, today announced it has
joined the SAP® PartnerEdge(TM) program as an SAP services partner. The
program gives partners access to resources, services and benefits that will
help Ciena Solutions build and maintain a successful partnership with SAP,
which will help it to optimize business Read the rest of this entry »

December 28, 2008 | , , , ,
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EMS Technologies sees 2009 profit above analysts

EMS Technologies Inc.
on Monday issued a full-year profit forecast above Wall Street expectations, saying it expects improving results across all its businesses.
The Atlanta-based maker of wireless communications technology expects per-share earnings from continuing operations in the range of $1.55 to $1.65 in 2009, based on accounting standards used in 2008 and prior years.
The bottom end of the company's expected profit range is just above Read the rest of this entry »

December 26, 2008 | , , , , ,
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Ira Millstein’s Opinion Helped Steer Yeshiva’s Money to Madoff

Dec. 31 (Bloomberg) -- A legal opinion from
, a corporate-governance specialist for four decades,
helped set the stage for
’s millions of dollars
in losses in the Madoff scandal.
Millstein, a senior partner of Weil, Gotshal & Manges, said
in a letter seen by Bloomberg News that Yeshiva had “followed
procedures adequate to prevent either the appearance or the
reality of a conflict of interest.” The September 2000 opinion
cleared financier
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December 26, 2008 | , , , , , ,
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Speak Though Videos and Foster Online Business

(OPENPRESS) December 26, 2008 -- Quick cam Recorder is a portable Webcam recorder that helps to record your videos direct to your website through your browser, and also playback your videos. It is now so easy to both record videos of yourself and publish them to the internet.
One of the biggest challenges faced in business is to effectively communicate one’s message to customers. Sharing information through videos is one of the simplest and best Read the rest of this entry »

December 25, 2008 | , , , , ,
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New York Community Bancorp, Inc. to Issue Fourth Quarter 2008 …

New York Community Bancorp, Inc. (NYSE: NYB) (the "Company”) today
announced that it expects to issue its earnings release for the three
and twelve months ended December 31, 2008 at approximately 8:00 a.m.
Eastern Time (ET) on Tuesday, January 27, 2009. The release will be
posted to the Company’s web site,
,
upon issuance.
The Company will conduct a post-earnings conference call at 9:30 a.m.
(ET) on January 27th, during which Chairman, President, Read the rest of this entry »

December 24, 2008 | , , , , , ,
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Los Angeles-area small-business lender receives cash infusion

The Merrill Lynch funds are meant for microloans of $5,000 to $50,000, he said. Half the $1 million has already been tapped for loans. Merrill Lynch also gave the center a $50,000 grant to create a streamlined, computer-based loan approval process it hopes other microlenders can copy. The money will also pay for a new loan officer in the center's downtown L.A. office.
In addition to running its own loan funds, which are often set up by banks or Read the rest of this entry »

December 22, 2008 | , , , , , , ,
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Online Journalism: Donations Accepted

Amid traditional media's bloodletting, nonprofit news outfits like Spot.Us are experimenting with community-funded journalism on the Web
The news business is in disarray. Thousands of journalists have been left jobless by deep cuts at
), Gannett (
), Viacom (
), and other large media properties. Small newspapers and trade publications around the country are shutting down operations, and many that survive have eliminated bureaus, reduced Read the rest of this entry »

December 21, 2008 | , , ,
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New Organic Clothing Site Debuts Online

Launching in December 2008, EcoFriendlySolutionsSite.com is a site that specializes in organic and fair trade clothing. Aside from having an ethical business practice and products, the site has a blog that describes the process on how to successfully go green.
Fairfield, OH (
) January 4, 2009 -- Amidst the economic problems of the U.S., there's still the worsening condition of the planet, which can have far more dire effects, particularly Read the rest of this entry »

December 21, 2008 | , , , ,
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Online court records a lucrative business

FAIRHOPE, Ala. — Today marks the end of the non-bid contract between the Alabama Administrative Office of Courts and the Mobile-based company that provides technical support for electronic access to public court records in Alabama.
“We are currently negotiating a renewal contract with (On Line Information Services Inc.),” said Griffin Sikes Jr., AOC’s legal division director in Montgomery. “They are a private contractor which, working Read the rest of this entry »

December 19, 2008 | , , , ,
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