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 »

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 »

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 »

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
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 »

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 »

Arizona may run out of money in February

Arizona could run out of money to pay its bills as early as next month, state Treasurer Dean Martin says.
And unlike last spring, when the treasurer issued a similar alarm, this time there won't be reserves to cover the bills. Martin says the state will be forced to borrow money in the short term - the first time since World War II - and adds that there is little that lawmakers can do to avert it.
"No matter what they do with the budget, we'll 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 »

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 »

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 »