Chilean navy orders high-tech asset plan
Posted on May 31st, 2011
SANTIAGO, Chile, May 31 (UPI) — Chile’s fast modernizing navy is investing undisclosed millions into an advanced asset management system that will increase the force’s battle-readiness and control of its defense inventories.
Mincom Ellipse 8, devised by Australian enterprise asset management solution provider Mincom, will allow the Chilean navy to keep track of its seaborne and land-based assets and to manage both the inventory and financial costs at different levels.
The Chilean navy is one of the most advanced seafaring forces, closely aligned with the U.S. Navy and other Western Hemisphere navies in the operations it conducts to defend the Latin American country’s 4,000-mile long Pacific coastline.
Mincom said a new contract would allow the Chilean navy to use Mincom Ellipse 8 to improve the visibility and maintenance of critical assets through their life cycle.
Mincom Ellipse 8 is applied worldwide in enterprise work and asset management to significantly enhance asset performance and workforce productivity.
Tags: Asset, Asset Plan
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Somerset drinking ban affected restaurants
Posted on May 31st, 2011
SOMERSET – The townwide drinking water ban in effect in Somerset has affected local business, including some restaurants that decided to close for the day on Wednesday, The Herald News reported.
The drinking water ban was put in place after a company that did not have permission to do so, hooked into a fire hydrant for hydroseeding, which caused the material, which contains some fertilizer, to back into the public water supply.
Town officials are waiting for the results of a water supply test before lifting the ban which was in effect as of Thursday morning.
The company, Hydrograss Technologies, could be charged with larceny of town water and wanton injury to property, and be held responsible for the estimated $20,000 bill for ban-related costs.
Local restaurants took different approaches to the ban, The Herald News reported.
The Rise Café on County Street and Ma Raffa’s closed for the day while the close-by Domino’s Pizza remained open. Cupper
Small Business Lending Increases in New York and Other US States
Posted on May 30th, 2011
In New York and in other parts of the nation, lending for small businesses has seen a clear rise. This is because the economy has improved and there is confidence among businesses though the activity is well below pre-recession levels.
The SBA’s 7(a) program has been used by 28 lenders to make 507 loans for $88.55 million in Buffalo District. That is an increase of 8.3 percent in loan volume and 13.8 percent in dollars. A 57 percent increase in loans took place inclusive of all programs of the SBA after the financial crisis of 2009.
Loan demand is returning and the incentives found as part of small business jobs act also has helped. Small business lending has been a key objective for the Obama administration and the Congress. Keeping this into consideration, small businesses representing vast majority of employers are paying part of nation’s private payroll, generating bulk of the country’s economic output and creating new jobs.
Tags: New York, Small Business, York
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Zynga plans its public offering
Posted on May 29th, 2011
It shouldn’t surprise any watchers of the bubbly tech and social media sector that Zynga, the maker of insanely popular Facebook games like Farmville and Cityville, is now planning its initial public offering.
A source informed Bloomberg News that Mark Pincus’ firm met with banks, including Goldman Sachs and Morgan Stanley, as it sought to find a firm to handle the offering. Zynga must have been observing the LinkedIn IPO with great interest, as the professional social network listed at $45 per share, the upper end of its range, and promptly doubled in the first day of trading.
According to Bloomberg, Zynga’s value stands at $8.2 billion on the somewhat controversial site SharesPost, which allows for limited trading of privately held firms’ stock.
That level tops the market capitalization of more traditional game publishers likeTake-Two Games, at $1.42 billion, and Electronic Arts at $7.94 billion. H Read full article…
Tags: Public, Public Offering
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SBA Flags off ‘Business Recovery Center’
Posted on May 27th, 2011
SBA has announced opening of a Business Recovery Center in Decatur, Alabama so as to help businesses affected by storms, tornados, winds and floods. Private non-profit organizations now can borrow up-to $2 million, in-order, to repair damages caused by storms and ravages afflicted to real estate, machinery, equipment, inventory and other assets.
A total of 20% increase in loans may be granted for the total amount of disaster damage caused to real estate and lease holds. The additional grant is permitted so as to make improvements to lessen the risk of damage caused to property by similar natural disasters in future too.
SBA is also offering ‘Economic Injury Disaster Loans’ for small enterprises, small agricultural cooperatives, and small businesses like those engaged in aquaculture and also private, non-profit organizations. Eco
Choosing a Cheap but Reliable Windows Hosting
Posted on May 27th, 2011
Windows hosting reliability gives you the power of flexibility and user-friendliness. When it comes in finding the right solution for your hosting needs, let’s say, you are a newbie and looking which to put up your first website, reliable windows hosting is a great tool to start up. Managing and website control panel administration gives you the real user-friendly environment when you do have windows hosting. Hosting Fest gives you the plan you desire and be fit to your website needs. There are several plans to choose from. Incredible speed and extra services are often offered to customers like you.
In putting up online website for any purposes, like say a personal blog, an online business store or just an info site, choosing a cheap but reliable windows hosting be the first you are looking forward to. This is a crucial part of setting up your website, your 24/7 presence on the web should be maintained and that is all provided by your hosting. E
Tags: Hosting, Windows Hosting
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Steward Health Care emerges as Landmark buyer
Posted on May 26th, 2011
PROVIDENCE – In a surprising twist, Steward Health Care System emerged as the buyer of the financially troubled Landmark Medical Center, after Superior Court Judge Michael A. Silverstein ruled that none of the other potential bidders were qualified.
The purchase price, according to special master Jonathan N. Savage, is between $62 and $65 million.
Steward, the Boston-based hospital division of Cerberus Capital Management, formerly know as the Caritas Christi Health Care System, previously had been engaged in negotiations to purchase Landmark and its affiliate, the Rehabilitation Hospital of Rhode Island. But those negotiations broke off in December 2010. <
Tags: Buyer, Health Care, Steward Health, Steward Health Care
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