Lessons learned: Investing pros talk about 2008

Our portfolios shrank in 2008, yet we're rich as investors.
Rich, that is, in the wisdom that comes from bitter experience. After confronting what will surely go down as one of the worst financial crises of all time, we should all be much smarter about matters of investing.
Let's review some of the key lessons of 2008. One of the most important is that your risk of losing money rises sharply when you venture away from safe but low-paying investments Read the rest of this entry »

January 1, 2009 | , , , , , ,
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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.
Read the rest of this entry »

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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Investing in gold pays off over 2008

With the global economic turmoil having increased demand for gold bullion over the last 12 months, the yellow metal is set to be the only commodity to improve its position year-on-year.
According to Reuters, gold is set to have increased its value by three percent over the course of 2008, setting it apart from oil - which has fallen in price by 60 percent - and base metals.
"Gold is the only (metal) that has been up this year," confirmed Nick Read the rest of this entry »

December 23, 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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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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Walgreen Profit Drops As Chain Cuts Store Opening Plan

Walgreen Co.
said Monday that its
first-quarter profit dropped 10%, hurt by store-opening and other costs. The
company said it's curtailing its store opening plan to free up capital in light
of the current economic conditions.
, or
a share, from
, or
, a year earlier. Sales in the quarter ended
Nov. 30
rose 6.6% to
$14.9
billion
with comparable-store sales increasing 1.7%.
Analysts, on average, estimated the company (WAG) would Read the rest of this entry »

December 19, 2008 | , , , , , , ,
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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 »

December 17, 2008 | , , , , ,
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Transwestern adds nearly 900000 sf to management portfolio

has taken on nearly 900,000 square feet of new property management assignments.
As of Jan. 1, Transwestern is handling property management on:
Lavaca Plaza, a 119,338-square-foot downtown office building
MetCenter 4-9, a six-building portfolio totaling 336,695 square feet of flex and data center space on State Highway 71 in Southeast Austin
Riata Gateway, a three-story, 148,000-square-foot office building in Northwest Austin
1101 Trinity Read the rest of this entry »

December 17, 2008 | , , , , ,
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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 »

December 16, 2008 | , , , , , , ,
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