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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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 »

Patient care not as good at for-profit nursing homes, analysis shows

For-profit nursing homes are more likely to provide worse care than their nonprofit rivals, according to a USA TODAY analysis of the governmentÂ’s first ranking of nearly 16,000 nursing homes.
The new Zagat-like rating system, released Thursday by the Centers for Medicare & Medicaid Services, assigns homes one to five stars for their quality, staffing and health inspections, plus an overall score.
The scores reflect tens of thousands of inspection Read the rest of this entry »

Jess Ranch Marketplace Property Fetches $3.8M

Jess Ranch Marketplace Property Fetches $3.8M
Fountainhead Development sold the multitenant retail building at 19201 Bear Valley Road, in Apple Valley, CA, to Landmark Equity Management for $3.8 million, or $497 per square foot.
The 7,641-square-foot retail property is part of the Jess Ranch Marketplace shopping center. It was built in 2007 on 1.5 acres.
Kevin Boeve of Marcus & Millichap represented the seller. Kenneth Chasin of Pegasus Investments Read the rest of this entry »

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 »

Profit strategies program aids long-term success

Is your dairy positioned for long-term success? Not sure how to answer this question? Understanding the factors that limit profitability in different herd sizes and how shifts in management strategies can improve profitability can help you establish long-term viability in your operation.
"Profit Strategies," a Penn State Dairy Alliance program, will show producers how to select a business model that will position their dairy business to be more Read the rest of this entry »

Every company needs a viable online presence

Published: January 5, 2009
If your business does not have a presence online, better get with it.
Every business should have a Web presence, experts say. Increasingly that's where shoppers, competitors and prospective business partners can be found.
For $1,000 to $5,000, you can put your company online, either by yourself if you're savvy or by hiring a professional Web development team, said Hardy Koska, a counselor at Richmond SCORE, which advises Read the rest of this entry »

Callidus Software Recognized With “Positive” Rating From Leading

Callidus Software Inc. (NASDAQ: CALD), the
leader in
(SPM), today announced that it received a "positive" rating
in the latest North American MarketScope for Insurance
(ICM) Applications(1) by Gartner, Inc. (NYSE: IT), the
world's leading information technology research and advisory company.
Authored by Steven Leigh, Kimberly Harris-Ferrante and Michael Dunne,
Callidus Software was recognized with a "positive" rating in this important
report Read the rest of this entry »

Muglia on the cloud, Azure and the economy

A long time ago, Bob Muglia worked on a Microsoft project designed to offer a variety of services in the cloud. That effort, known as Hailstorm, didn't exactly go gangbusters, and Muglia's career took a detour.
But both Muglia and Hailstorm are back. On Monday, Microsoft
, a recognition of the success he has enjoyed as head of Microsoft's server software business.
As for Hailstorm, the name is gone, but many of the concepts are back, as part Read the rest of this entry »

Daily Stock Market Commentary

Stock Market: investors are seriously concerned about the economic outlook.
Bond quality spreads are Bearish. LQD/TLT Relative Strength Ratio fell to multi-year new lows on 12/19/08. This implies that Bond investors are seriously concerned about the economic outlook.
Stocks appear vulnerable to renewed decline.
The stock price recovery/consolidation since the low of 11/21/08 appears to be taking the shape of a potential Bearish Rising Wedge Read the rest of this entry »