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	<title>Only reliable financial news</title>
	<link>http://fundsinformer.com</link>
	<description>Hot Business Topics</description>
	<pubDate>Mon, 30 Aug 2010 22:36:08 +0000</pubDate>
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		<title>Batavia paper switches to Buffalo printer</title>
		<link>http://fundsinformer.com/batavia-paper-switches-to-buffalo-printer/</link>
		<comments>http://fundsinformer.com/batavia-paper-switches-to-buffalo-printer/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 22:36:08 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<description><![CDATA[The Batavia Daily News is now being published in downtown Buffalo.
The Daily News ran its own presses for the last time on Friday. Its 13,000 daily copies will now be printed by the Buffalo News.
The Batavia newspaper&#8217;s five pressmen are being laid off, along with two maintenance workers, a mailroom employee and 15 to 20 [...]]]></description>
			<content:encoded><![CDATA[<p>The <strong>Batavia Daily News</strong> is now being published in downtown Buffalo.</p>
<p>The Daily News ran its own presses for the last time on Friday. Its 13,000 daily copies will now be printed by the <strong>Buffalo News</strong>.</p>
<p>The Batavia newspaper&rsquo;s five pressmen are being laid off, along with two maintenance workers, a mailroom employee and 15 to 20 part-time workers.</p>
<p>Batavia Newspaper Corp., the Daily News&rsquo; parent company, earlier this year lost its contract to publish the Western New York edition of <strong>USA Today</strong>, leading to extensive layoffs in June <a href="http://sublimebusinesscards.com">high quality business cards</a><!-- . -->. It announced shortly thereafter that it would oursource the Daily News as well.</p>
<p>Details are available at the Daily News&rsquo; Web site.</p>
<p><a href='http://www.bizjournals.com/buffalo/stories/2010/08/30/daily3.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Burns, Pierce take Arizona Corporation Commission seats for GOP; Garcia, Jennings lead among Democrats</title>
		<link>http://fundsinformer.com/burns-pierce-take-arizona-corporation-commission-seats-for-gop-garcia-jennings-lead-among-democrats/</link>
		<comments>http://fundsinformer.com/burns-pierce-take-arizona-corporation-commission-seats-for-gop-garcia-jennings-lead-among-democrats/#comments</comments>
		<pubDate>Fri, 27 Aug 2010 00:12:08 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<guid isPermaLink="false">http://fundsinformer.com/burns-pierce-take-arizona-corporation-commission-seats-for-gop-garcia-jennings-lead-among-democrats/</guid>
		<description><![CDATA[The race for two seats on the Arizona Corporation Commission was narrowed to four Tuesday night, with an incumbent commissioner and former commissioner looking like they would move on.
On the Republican ticket, current Commissioner Gary Pierce and former legislator Brenda Burns were taking the two spots available, keeping distance from former Commissioner Barry Wong in [...]]]></description>
			<content:encoded><![CDATA[<p>The race for two seats on the Arizona Corporation Commission was narrowed to four Tuesday night, with an incumbent commissioner and former commissioner looking like they would move on.</p>
<p>On the Republican ticket, current Commissioner Gary Pierce and former legislator Brenda Burns were taking the two spots available, keeping distance from former Commissioner Barry Wong in the three-way race.</p>
<p>The Republican side of the ticket had become involved in the heated debate over Arizona&rsquo;s new immigration law. Pierce has sent a letter Los Angeles Mayor Antonio Villaraigosa suggesting that the city stop buying Arizona power after its council voted to boycott Arizona companies in the wake of passage of SB 1070 <a href="http://personal-loan-quick.com">quick guaranteed personal loans</a><!-- . -->.</p>
<p>Wong had injected himself into the debate as well, suggesting local utilities should bar illegal immigrants from buying power.</p>
<p>On the Democratic ticket, former long-term commission member Renz Jennings and Tucson legislator Jorge Luis Garcia were leading a tight race over former legislator David Bradley, also from Tucson.</p>
<p><a href='http://www.bizjournals.com/phoenix/stories/2010/08/23/daily27.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Stimulus funds broadband expansion</title>
		<link>http://fundsinformer.com/stimulus-funds-broadband-expansion/</link>
		<comments>http://fundsinformer.com/stimulus-funds-broadband-expansion/#comments</comments>
		<pubDate>Tue, 24 Aug 2010 03:48:03 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
		<category><![CDATA[finance]]></category>

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		<guid isPermaLink="false">http://fundsinformer.com/stimulus-funds-broadband-expansion/</guid>
		<description><![CDATA[The latest round of federal government broadband stimulus money will help fund a network expansion in the rugged Colorado mountains between Aspen and Montrose.
Madison, Wis.-based TDS Telecommunications Corp. won $1.8 million in stimulus funding to extend broadband in the Colorado communities of Cedaredge, Crawford, and Somerset. TDS will contribute $609,000 toward the project.
The expansion is [...]]]></description>
			<content:encoded><![CDATA[<p>The latest round of federal government broadband stimulus money will help fund a network expansion in the rugged Colorado mountains between Aspen and Montrose.</p>
<p>Madison, Wis.-based <strong>TDS Telecommunications Corp.</strong> won $1.8 million in stimulus funding to extend broadband in the Colorado communities of Cedaredge, Crawford, and Somerset. TDS will contribute $609,000 toward the project.</p>
<p>The expansion is among 42 broadband projects around the country for which TDS won $92.6 million in stimulus grants, the company said.</p>
<p>The government dedicated $7.2 billion from the American Recovery and Reinvestment Act stimulus program for loans and grants expanding the reach of high-speed Internet in parts of the United States considered underserved by the technology <a href="http://paydayloans-on.com">saving account payday loan</a><!-- . -->. Most of those areas are outside metropolitan areas.</p>
<p>The U.S. departments of Commerce and Agriculture each oversee portions of the broadband stimulus program.</p>
<p>TDS&rsquo; central Colorado project is expected to put 48 people to work building the network during the next 36 months, the company said.</p>
<p><a href='http://www.bizjournals.com/denver/stories/2010/08/16/daily58.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Cardinals go green for season with help from SRP</title>
		<link>http://fundsinformer.com/cardinals-go-green-for-season-with-help-from-srp/</link>
		<comments>http://fundsinformer.com/cardinals-go-green-for-season-with-help-from-srp/#comments</comments>
		<pubDate>Tue, 17 Aug 2010 15:21:08 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<description><![CDATA[The Arizona Cardinals will have a green season as the University of Phoenix and Salt River Project will be using renewable power for the team&#8217;s home games.
SRP will provide the energy &#8212; roughly 1.14 million kilowatt-hours of power &#8212; for eight regular-season and two preseason games. It&#8217;s the amount of power equal to about what [...]]]></description>
			<content:encoded><![CDATA[<p>The Arizona Cardinals will have a green season as the <strong>University of Phoenix</strong> and Salt River Project will be using renewable power for the team&rsquo;s home games.</p>
<p>SRP will provide the energy &mdash; roughly 1.14 million kilowatt-hours of power &mdash; for eight regular-season and two preseason games. It&rsquo;s the amount of power equal to about what 60 homes in the Valley will use annually.</p>
<p>University of Phoenix, which sponsors the stadium, has launched several green initiatives and will be paying for the renewable power.</p>
<p>&ldquo;University of Phoenix has a long-term commitment to sustainability and the environment,&rdquo; said Wlliam Pepicello, president of University of Phoenix. &ldquo;Offsetting the electricity use with clean, renewable energy at University of Phoenix Stadium during every home game this year will have a lasting impact on the environment.&rdquo;</p>
<p>This is not the first time the stadium has used green power. For Super Bowl XLII and accompanying NFL Experience held around the stadium, SRP supplied the green power. The team also played a green game in November 2008. Committing to a full season of &ldquo;green&rdquo; games, however, is new.</p>
<p>The Valley&rsquo;s other professional sports teams, including the <strong>Phoenix Suns</strong> and the Arizona Diamondbacks, have held green games in the past.</p>
<p><a href='http://www.bizjournals.com/phoenix/stories/2010/08/09/daily66.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Alamo RMA awards contract on long-awaited 281/1604 interchange</title>
		<link>http://fundsinformer.com/alamo-rma-awards-contract-on-long-awaited-2811604-interchange/</link>
		<comments>http://fundsinformer.com/alamo-rma-awards-contract-on-long-awaited-2811604-interchange/#comments</comments>
		<pubDate>Fri, 13 Aug 2010 17:30:09 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<guid isPermaLink="false">http://fundsinformer.com/alamo-rma-awards-contract-on-long-awaited-2811604-interchange/</guid>
		<description><![CDATA[The Alamo Regional Mobility Authority awarded Williams Brothers Construction and Jacobs Engineering Group Inc. the design/build contract for the U.S. 281/Loop 1604 interchange in North San Antonio.
The total value of the construction is estimated at $109 million. The value of the design contract alone is $9.1 million. The purpose behind the project is to ease [...]]]></description>
			<content:encoded><![CDATA[<p>The Alamo Regional Mobility Authority awarded Williams Brothers Construction and <strong>Jacobs Engineering Group Inc.</strong> the design/build contract for the U.S. 281/Loop 1604 interchange in North San Antonio.</p>
<p>The total value of the construction is estimated at $109 million. The value of the design contract alone is $9.1 million. The purpose behind the project is to ease traffic congestion between U.S. Highway 281 and Loop 1604.</p>
<p>As part of the agreement, Jacobs will design eight direct connectors and Williams Brothers will construct the southern four direct connectors in the U.S. 281/Loop 1604 interchange. In all, the project includes nine bridges, four direct connectors and two pedestrian bridges. It also includes the design and modification of noise walls. This is the first design/build project executed by the Alamo Regional Mobility Authority (RMA) <a href="http://paydayintime.com">Payday advance</a><!-- . -->.</p>
<p>&ldquo;Jacobs is delighted to work with Williams Brothers Construction and the Alamo RMA on one of the largest federal stimulus transportation projects in Bexar County,&rdquo; Jacobs Group Vice President Robert M. Clement says. &ldquo;We look forward to assisting in implementing operational and safety enhancements while providing needed relief for this congested intersection.&rdquo;</p>
<p>Pasadena, Calif.-based Jacobs (NYSE: JEC) is one of the world&rsquo;s largest providers of technical, professional and construction services. The company has an office in San Antonio. Williams Brothers Construction is based in Houston.</p>
<p><a href='http://www.bizjournals.com/sanantonio/stories/2010/08/09/daily16.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Phoenix Coyotes ownership dealings may get more players</title>
		<link>http://fundsinformer.com/phoenix-coyotes-ownership-dealings-may-get-more-players/</link>
		<comments>http://fundsinformer.com/phoenix-coyotes-ownership-dealings-may-get-more-players/#comments</comments>
		<pubDate>Tue, 10 Aug 2010 10:51:10 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<guid isPermaLink="false">http://fundsinformer.com/phoenix-coyotes-ownership-dealings-may-get-more-players/</guid>
		<description><![CDATA[The on again, off again saga around ownership of the Phoenix Coyotes continues, all with a looming deadline to sell the franchise and the city of Glendale on the hook for potentially millions.
Ice Edge Holdings LLC efforts to work out a lease deal with the city of Glendale, which owns Jobing.com Arena, and a purchase [...]]]></description>
			<content:encoded><![CDATA[<p>The on again, off again saga around ownership of the Phoenix Coyotes continues, all with a looming deadline to sell the franchise and the city of Glendale on the hook for potentially millions.</p>
<p>Ice Edge Holdings LLC efforts to work out a lease deal with the city of Glendale, which owns Jobing.com Arena, and a purchase of the team from the National Hockey League could be cooled off again.</p>
<p>The NHL bought the Coyotes in October for $140 million and wants to sell the team for $170 million. If a deal can&rsquo;t get done by an NHL-imposed Dec. 31 deadline, the league could sell the team to a Canadian group that would move the franchise back to Winnipeg. It also could leave Glendale covering up to $25 million in subsidies for the team if the sale continues to linger.</p>
<p>Ice Edge spokesman Robert Johnson said the investment group continues to talk to the NHL and Glendale about a deal.</p>
<p>&ldquo;We&rsquo;re staying focused,&rdquo; said Johnson.</p>
<p>Ice Edge had exclusive negotiating rights with Glendale to work out a lease deal earlier this summer but no longer has that exclusivity. Glendale said Ice Edge did not provide all the necessary financing paperwork to keep that exclusivity.</p>
<p>That development and having other groups looking at the Coyotes has caused some of Ice Edge&rsquo;s partners to step back from their pursuit of the Coyotes, according to a source familiar with the situation. Ice Edge wanted to buy the Coyotes and keep them playing in Glendale with the option of playing several home games in Saskatoon, Saskatchewan.</p>
<p>Glendale spokeswoman Julie Frisoni wouldn&rsquo;t comment on the Coyotes wranglings. Multiple sources said other groups in the mix include Chicago Bulls and White Sox owner Jerry Reinsdorf, who has been in and out of the Coyotes ownership soap opera several times. One source said the National Hockey League has been trying to bring Reinsdorf back into the Coyotes mix even after the Chicago sports mogul pulled the plug on his latest bid in May.</p>
<p>The Reinsdorf camp did not respond to requests for comment. Glendale officials privately hope they can get a deal done before the Dec. 31 deadline bell tolls. The city and NHL previously wanted to get Coyotes&rsquo; deal done with an Arizona owner earlier this summer and then before Labor Day and then before the start of the season in October.</p>
<p>The Coyotes have lost more than $300 million since moving to Phoenix from Winnipeg in 1996. The team could lose as much as $2 million to $3 million a month when the season starts &mdash; according to officials familiar with the team&rsquo;s finance &mdash; which could draw down Glendale&rsquo;s $25 million allocation of city money to the hockey team.</p>
<p><a href='http://www.bizjournals.com/phoenix/stories/2010/08/02/daily76.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Spirit net income rises in Q2</title>
		<link>http://fundsinformer.com/spirit-net-income-rises-in-q2/</link>
		<comments>http://fundsinformer.com/spirit-net-income-rises-in-q2/#comments</comments>
		<pubDate>Fri, 06 Aug 2010 18:42:03 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<description><![CDATA[Spirit AeroSystems Inc. reported Tuesday that net income in the second quarter rose to $55 million, compared to the $8 million loss in net income the company reported in the second quarter of 2009.
Revenues at the Wichita-based aircraft supplier dipped slightly year over year, down to $1.056 billion from $1.06 billion
Earnings per share rose to [...]]]></description>
			<content:encoded><![CDATA[<p>Spirit AeroSystems Inc. reported Tuesday that net income in the second quarter rose to $55 million, compared to the $8 million loss in net income the company reported in the second quarter of 2009.</p>
<p>Revenues at the Wichita-based aircraft supplier dipped slightly year over year, down to $1.056 billion from $1.06 billion</p>
<p>Earnings per share rose to 39 cents compared to the earnings per share loss of 6 cents reported in the second quarter of 2009.</p>
<p>The company attributed its second quarter losses in 2009 to the strike by the International Association of Machinists and Aerospace Workers the previous fall, the implementation of new data systems and the cancellation of <strong>Textron Inc.</strong>&rsquo;s (NYSE:TXT) Cessna Columbus project.</p>
<p>Spirit (NYSE: SPR) had been developing the fuselage for the Columbus.</p>
<p>Total deliveries at Spirit dropped by 12 year over year, down to 250.</p>
<p>The company&rsquo;s backlog was down 3 percent to $27.2 billion and its 2010 guidance remained unchanged with estimated revenues of between $4 billion and $4.2 billion.</p>
<p>Spirit said its second quarter results included the stock awarded to eligible employees as part of the company&rsquo;s 10-year labor contract with the IAMAW.</p>
<p>&ldquo;We generated solid operating performance across the company,&rdquo; Jeff Turner, Spirit president and CEO said in a news release. &ldquo;With our core businesses executing well, continued progress on our development programs, and our team for the future intact, we have the positive momentum needed to fulfill our long-term value- creation strategy.&rdquo;</p>
<p>Turner says demand for Spirit products is growing.</p>
<p>&ldquo;While certain segments of the business jet market are still a concern and several significant development milestones are ahead of us, our priority will continue to be on solid execution as we deliver on our customer commitments to ensure we meet our company&rsquo;s potential,&rdquo; he said.</p>
<p><a href='http://www.bizjournals.com/wichita/stories/2010/08/02/daily6.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Independence Center gets $50,000 Anthem gift</title>
		<link>http://fundsinformer.com/independence-center-gets-50000-anthem-gift/</link>
		<comments>http://fundsinformer.com/independence-center-gets-50000-anthem-gift/#comments</comments>
		<pubDate>Sun, 01 Aug 2010 22:42:04 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<description><![CDATA[The Anthem Blue Cross and Blue Shield Foundation in Missouri awarded $51,479 to Independence Center, a nonprofit agency serving St. Louis-area adults with serious and persistent mental illnesses.
The grant will fund Independence Center&#8217;s wellness coaching project to educate participants on the need for physical activity and healthier lifestyle choices. The program is called Take Charge: [...]]]></description>
			<content:encoded><![CDATA[<p>The Anthem Blue Cross and Blue Shield Foundation in Missouri awarded $51,479 to Independence Center, a nonprofit agency serving St. Louis-area adults with serious and persistent mental illnesses.</p>
<p>The grant will fund Independence Center&rsquo;s wellness coaching project to educate participants on the need for physical activity and healthier lifestyle choices. The program is called Take Charge: Increasing Physical Activity Levels for Adults with Serious Mental Illnesses. About 100 people will be served annually through the program.</p>
<p>Executive Director Mike Keller heads Independence Center, which provides programs and services to assist St. Louis-area adults who have serious and persistent mental illnesses through rehabilitation, employment, education, social and housing opportunities. The Center also provides clinical, case management and partial hospitalization services in collaboration with Barnes-Jewish Hospital and the BJC Health System.</p>
<p>St. Louis-based Anthem Blue Cross and Blue Shield in Missouri is an operating subsidiary of Indianapolis-based health insurer WellPoint Inc. (NYSE: WLP). Anthem Blue Cross and Blue Shield Foundation is an affiliate of the WellPoint Foundation.</p>
<p><a href='http://www.bizjournals.com/stlouis/stories/2010/07/26/daily80.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Emergency department part of $8M expansion of Huber Health Center</title>
		<link>http://fundsinformer.com/emergency-department-part-of-8m-expansion-of-huber-health-center/</link>
		<comments>http://fundsinformer.com/emergency-department-part-of-8m-expansion-of-huber-health-center/#comments</comments>
		<pubDate>Wed, 28 Jul 2010 11:57:04 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<guid isPermaLink="false">http://fundsinformer.com/emergency-department-part-of-8m-expansion-of-huber-health-center/</guid>
		<description><![CDATA[The Huber Health Center is set for an $8 million expansion that will include an emergency department, Grandview Medical Center officials announced Monday night.
&#8220;We have seen the need for emergency services there for several years now,&#8221; said Grandview Medical Center President Richard Haas.
The center is operated by Grandview, which is part of the Kettering Health [...]]]></description>
			<content:encoded><![CDATA[<p>The Huber Health Center is set for an $8 million expansion that will include an emergency department, Grandview Medical Center officials announced Monday night.</p>
<p>&ldquo;We have seen the need for emergency services there for several years now,&rdquo; said Grandview Medical Center President Richard Haas.</p>
<p>The center is operated by Grandview, which is part of the <strong>Kettering Health Network</strong>. The project includes a 30,000-square-foot addition that will be two-stories, with the emergency department going on the first floor. Grandview officials said in a news release that they expect the facility to be built in about nine months and bring at least 40 new jobs to the center.</p>
<p>Along with 12 treatment rooms, the new facility will have a triage room, an ortho-cast room, respiratory therapy quarters and a complex care room.</p>
<p>There is an adjoining two-story building that opened in January that included adding equipment to the center, such as CT, X-ray, digital mammography and MRI <a href="http://payday-z.com">paydayloans</a><!-- . -->.</p>
<p>Officials said in the news release that there are no plans for inpatient beds, and that about 14,000 square feet on the top floor will be set aside for future use. The new addition completes a two-year, three-phase renovation, according to the release.</p>
<p>The Huber Heights area has seen several medical projects in the past few years. Along with the renovation of the Huber Health Center by Grandview last year, <strong>Premier Health Partners</strong> opened an $8 million, 50,000 square-foot health care center in January 2009. Premier&rsquo;s center includes outpatient services and several physician practices, as well as imaging, a laboratory, a physical therapy facility, women&rsquo;s health care services and other ambulatory services.</p>
<p><a href='http://www.bizjournals.com/dayton/stories/2010/07/26/daily10.html?surround=lfn' rel='nofollow'>Source</a></p>
]]></content:encoded>
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		<title>Duke Energy slashes Indiana smart-grid plan</title>
		<link>http://fundsinformer.com/duke-energy-slashes-indiana-smart-grid-plan/</link>
		<comments>http://fundsinformer.com/duke-energy-slashes-indiana-smart-grid-plan/#comments</comments>
		<pubDate>Mon, 26 Jul 2010 13:48:03 +0000</pubDate>
		<dc:creator>Forest</dc:creator>
		
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		<guid isPermaLink="false">http://fundsinformer.com/duke-energy-slashes-indiana-smart-grid-plan/</guid>
		<description><![CDATA[Duke Energy goes back to Indiana regulators next week looking for approval of a scaled-down proposal for smart grid operations in that state.
Despite the promise of more efficient energy use, greater reliability and new services, smart grid is often proving a tough sell. It certainly was in Indiana. In November, the Indiana Utility Regulatory Commission [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Duke Energy</strong> goes back to Indiana regulators next week looking for approval of a scaled-down proposal for smart grid operations in that state.</p>
<p>Despite the promise of more efficient energy use, greater reliability and new services, smart grid is often proving a tough sell. It certainly was in Indiana. In November, the Indiana Utility Regulatory Commission shot down Duke&rsquo;s initial $450 million proposal for a complete rollout of the digital, interactive technology across the state.</p>
<p>The commission said there were no demonstrable benefits for customers.</p>
<p>Now, says SNL Energy, Duke is back with a much smaller $22 million proposal. Duke has gone from proposing installing 800,000 smart meters over six years trying the system with 40,000 meters over about a year <a href="http://payday-nofax.com">payday loans</a><!-- . -->.</p>
<p>The company will collect data for a year after that. It then hopes to be able to demonstrate to regulators in the state that the program should be implemented statewide.</p>
<p>Ohio regulators have approved a full scale smart-grid plan for Duke in that state. The company does not expect to implement smart-grid operations in the Carolinas until about 2017, after the Midwest operations are in place.</p>
<p>Duke (NYSE: DUK) provides electricity to Durham, Chapel Hill and most of the western Triangle.</p>
<p><a href='http://www.bizjournals.com/triangle/stories/2010/07/19/daily73.html?surround=lfn' rel='nofollow'>Source</a></p>
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