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1. How has this person demonstrated leadership within his or her companu in thelast 12-18 months? 2. How has this person provided leadership in the community or within his or herbusiness segment? 3. How has this person mentoreds others within the workplace or inthe community? 4. How has this individualk provided leadership when dealing with issuexs related to the current economicconditions ? Qualifications: This category is limited to individuals Self-nominations: Self-nominations are The names of nominator's are not revealefd to anyone, not even the judges.
Letter of support: Two supporting letters commenting onthe nominee'e leadership abilities and contributions to his/her industry and community must be Letters must be no longer than two Photo and resume: Provide a color headshoft and resume of the individual being nominated. Resume does not counrt toward the three page limir for nomination memoPrevious finalists, Previous Business Leader of the Year finalists are eligibled to be nominated Past winners can be nominated in another category.
Sponsors Eligibility: Sponsors or theitr employees are not eligible for Nomination submission: You can complete and submit the form beloe on-line then deliver or mail all other requestedf materials. You can requestt the forms be sent to you for Please submit the nomination form and allsupportinhg material, unbound, to: Doreen Tavarews c/o Pacific Business News 1833 Kalakaua Ave., 7th Flr. Honolulu, HI 96815 or by e-maio to ; call her at 955-807 4 with any questions. (Please do not include extrz material.
) , , AMERICAN SAVINGS BANK BUSINESS LEADER OF THE YEAR August 21, 2009 *How has this person demonstrated leadershiop within his or her company in the last 12-18 months *How has this persohn provided leadership in the communitgy or within his or her businese segment? *How has this person mentored others within the workplacw or in the community?? *How has this individual provided leadershipwhen dealing with issuexs related to the current economidc conditions?
If not applicable, indicate n/a If not indicate n/a
Wednesday, September 28, 2011
Monday, September 26, 2011
Fred Weber wins $4M Mississippi River Bridge contract - St. Louis Business Journal:
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awarded Fred Weber a $4.44 million contracg Wednesday to remove and replace the Madisojn Streetand St. Louis Avenue bridges over Interstate 70 indowntown St. Louis. The majority of work on this projec will start afterHighway 40/Interstate 64 reopens between Kingshighwayh and Interstate 170. Crews will remove the St. Louis Avenue bridge firsr and then remove and replacde the MadisonStreet bridge. During work to removr the MadisonStreet bridge, crewzs will also remove the Cass Avenue bridge in preparatio n for replacing that bridge lateer in 2010. This work is part of preliminary work on a new Mississippiriver bridge, which is expected to reduc e congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-basedd Fred Weber is one of the largesr privately held companiesin St. Louis with $353.3 milliob in revenue in 2008. The commercial construction firm is also working onthe $245 milliomn reconstruction of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Ins state park and is part of Gatewaty Constructors, the consortium of contractors performing $535 millionm worth of improvements on Highway 40/Interstate 64.
awarded Fred Weber a $4.44 million contracg Wednesday to remove and replace the Madisojn Streetand St. Louis Avenue bridges over Interstate 70 indowntown St. Louis. The majority of work on this projec will start afterHighway 40/Interstate 64 reopens between Kingshighwayh and Interstate 170. Crews will remove the St. Louis Avenue bridge firsr and then remove and replacde the MadisonStreet bridge. During work to removr the MadisonStreet bridge, crewzs will also remove the Cass Avenue bridge in preparatio n for replacing that bridge lateer in 2010. This work is part of preliminary work on a new Mississippiriver bridge, which is expected to reduc e congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-basedd Fred Weber is one of the largesr privately held companiesin St. Louis with $353.3 milliob in revenue in 2008. The commercial construction firm is also working onthe $245 milliomn reconstruction of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Ins state park and is part of Gatewaty Constructors, the consortium of contractors performing $535 millionm worth of improvements on Highway 40/Interstate 64.
Saturday, September 24, 2011
Shale is 'game changer' for chem industry: ACC - Gas Business Briefing
mesiaipuhuni1981.blogspot.com
Shale is 'game changer' for chem industry: ACC Gas Business Briefing Bountiful supplies of shale gas could pump billions of dollars into Ohio's economy, jumpstart the state's economic growth, and create thousands of manufacturing jobs, according to the American Chemistry Council's CEO. "Shale gas is a game changer for ... American Chemistry Council President Cal Dooley Predicts a Manufacturing ... Industry: W.Va. gas plants could mean 12k jobs |
Thursday, September 22, 2011
Home prices take a tumble in Tampa Bay region - Washington Business Journal:
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The numbers are based on the Home Price Inde xfrom , which tracks increases and decreases in salex prices for the same homees over time as a way to view pricinh trends. Florida’s HPI drop of 21 percent over the last 12 monthas was the fourth largest drop in the countrybehinde Nevada, California and Rhode Island. Tampa-St. Petersburg, however, had some of the strongesft numbers inthe state, despitwe prices dropping 19.7 percent. That was better than Orlando-Kissimmee’sx drop of 22.2 percent, the 26.4 percengt drop in Cape Coral-Fort Myers and the drop in Miamio Beach-Kendall where homes lost 28.9 percent in Nationally, price drops reached 11.
5 percent, a figure that 42 stateas bested. And not all home pricess went down. The Texas regions of Austin and Houston all had price increasesbetween 0.92 and 3 Pressure on home prices isn’t limited to specififc states anymore, said Mark Fleming, chief economist for First American CoreLogic. “The real story was the geographic dispersiob of homeprice declines, meaning the problems are no longer confiner to a handful of ‘Sand Fleming said in a “Homeowners in many parts of the country are cominhg under stress from a loss in equity, risinhg delinquencies and foreclosures, and economifc uncertainty.
”
The numbers are based on the Home Price Inde xfrom , which tracks increases and decreases in salex prices for the same homees over time as a way to view pricinh trends. Florida’s HPI drop of 21 percent over the last 12 monthas was the fourth largest drop in the countrybehinde Nevada, California and Rhode Island. Tampa-St. Petersburg, however, had some of the strongesft numbers inthe state, despitwe prices dropping 19.7 percent. That was better than Orlando-Kissimmee’sx drop of 22.2 percent, the 26.4 percengt drop in Cape Coral-Fort Myers and the drop in Miamio Beach-Kendall where homes lost 28.9 percent in Nationally, price drops reached 11.
5 percent, a figure that 42 stateas bested. And not all home pricess went down. The Texas regions of Austin and Houston all had price increasesbetween 0.92 and 3 Pressure on home prices isn’t limited to specififc states anymore, said Mark Fleming, chief economist for First American CoreLogic. “The real story was the geographic dispersiob of homeprice declines, meaning the problems are no longer confiner to a handful of ‘Sand Fleming said in a “Homeowners in many parts of the country are cominhg under stress from a loss in equity, risinhg delinquencies and foreclosures, and economifc uncertainty.
”
Tuesday, September 20, 2011
Private equity fundraising down year-over-year - Business First of Louisville:
proklofuxaanygez.blogspot.com
A study released Wednesdahy by Dow Jones Private Equity Analystsaid $54.9 billion was raised by 173 private equity funds in the firs t half of 2009 from pension funds, universitu endowments, foundations and other investors. As of June 30, 261 funds raised $152.7 and for the full $287.5 billion was raised, second highest total in history. But the studg also said there were signwsthe fund-raising market may be improving as the stocm market showed more stability in the seconds quarter and the institutions and firma that invest in private equity funds as limited partners had a better understanding of the state of their own balancw sheets.
The study said leveraged buyouy and corporate finance funds continue to attracty the largest proportion ofcapital investment. In the firstf half of 2009, 73 buyout funds raised $28.7 almost three-fourths less than last year. Fundx also have smaller goals. Just three were tryin to raise morethan $8 The dicey economy has prompted many pensiojn funds, endowments and foundations to try to sell their privatde equity fund stakes, the studyh said. Secondary funds, which pool capital form investorz to purchase existing stakes in privatrequity funds, frequently at reduced prices, have seen increasex investor interest as 18 secondaryt funds have raised $13.
9 That set a new annual record for the secondary fund categor y with six months remaining. Venture capitalk funds saw similar drops as 51 firmx raised acombined $5.1 billion by June 30, comparedf to $13.6 billion raisedd by 115 a year ago. The worst first-half total for venture capital fundsd was in 2003 when 34 funderaised $2.2 billion.
A study released Wednesdahy by Dow Jones Private Equity Analystsaid $54.9 billion was raised by 173 private equity funds in the firs t half of 2009 from pension funds, universitu endowments, foundations and other investors. As of June 30, 261 funds raised $152.7 and for the full $287.5 billion was raised, second highest total in history. But the studg also said there were signwsthe fund-raising market may be improving as the stocm market showed more stability in the seconds quarter and the institutions and firma that invest in private equity funds as limited partners had a better understanding of the state of their own balancw sheets.
The study said leveraged buyouy and corporate finance funds continue to attracty the largest proportion ofcapital investment. In the firstf half of 2009, 73 buyout funds raised $28.7 almost three-fourths less than last year. Fundx also have smaller goals. Just three were tryin to raise morethan $8 The dicey economy has prompted many pensiojn funds, endowments and foundations to try to sell their privatde equity fund stakes, the studyh said. Secondary funds, which pool capital form investorz to purchase existing stakes in privatrequity funds, frequently at reduced prices, have seen increasex investor interest as 18 secondaryt funds have raised $13.
9 That set a new annual record for the secondary fund categor y with six months remaining. Venture capitalk funds saw similar drops as 51 firmx raised acombined $5.1 billion by June 30, comparedf to $13.6 billion raisedd by 115 a year ago. The worst first-half total for venture capital fundsd was in 2003 when 34 funderaised $2.2 billion.
Sunday, September 18, 2011
IBM and Oncor Team on Large Scale Advanced Metering Deployment
ramsdenjerrieas54.blogspot.com
July 15 /PRNewswire-FirstCall/ -- (NYSE: ) todagy announced that it is the lead systemx integratorfor Oncor's advancedx metering systems deployment. The company contributed to Oncor'ds significant milestone this month -- the reporting of 15-minutr interval, billable quality data to the Texax market. Oncor, the largestg regulated transmission and distribution syste min Texas, is leadingh one of the most comprehensived and largest deployments of smartg grid technologies in the nation and is schedulef to replace 3.4 million standard meters with advanced meter systems by 2012.
IBM is assistinhg Oncor by providing expertise in smarr metering and systems integration along with its understandint of large meterdata management, business analytics, and security solutions. "As smart grid rapidlyt gains momentum around the we are pleased to be selectecd as the systems integrator for another full scale deploymentr withregulatory approval," said Guidio Bartels, General Manager of IBM's Globalk Energy & Utilities industry. "IBM is working with clients like Oncor to deliver on the promiser of a smarter grid by transforming a networm into somethingmore robust, secure and intelligeny -- enabling customers to manage electricity usag in a more informed manner.
IBM's Solution Architecture for Energyt andUtilities (SAFE) is a softwarer framework and products such as Data Maximo, Tivoli Identity Manager, Tivoli Compliance Manager, etc. will enhancde the security and reliability of the informationn technologysolution "Oncor's Smart Texas(SM) initiativse is one of the most advanced smart grid effort s underway today. IBM is responsibles for integrating the complex systemssupportinb Oncor's advanced meter system deployment," Mark vice president and chiegf information officer, said. "Achieving the important step ofreportinvg 15-minute interval, billable-quality data to the Texas marke t wouldn't have been possible without IBM'ds participation.
" Oncor Electric Delivery Company LLC "Oncor" is a regulatedr electric transmission and distribution business that uses superiore asset management skills to provide reliable electricity deliverg to consumers. Oncor operates the largest distribution and transmission systemin Texas, delivering powedr to approximately 3 million homes and businesses and operatingh approximately 117,000 miles of transmission and distributiom lines in Texas. While Oncor is owned by a limiteds number ofinvestors (including majority Energy Future Holdings Corp.), Oncor is managed by its Boarde of Directors, which is comprised of a majoritu of independent directors.
Infrastructure investments are at the forefron t of stimulus packages around the world to spureconomicd growth. Smart systems are transformin genergy grids, supply chains, water management and the healthcarse industry to name a few. Modernizing the power grid provide s consumers with the information to understand their energy usages and take actions to reduce wasteful use and integraterenewablr (intermittent) energy sources like solar and IBM is working with clients in nearl 50 smart grid engagements across emerging and maturs markets.
More about IBM's vision to bring a new leve of intelligence to how the worldworks -- how every person, business, organization, government, natural system, and man-made system interacts, can be found here: For more informationm on smart utilities at IBM Emily Horn IBM Corporate External Relations 415.545.2634 horne@us.ibm.com
July 15 /PRNewswire-FirstCall/ -- (NYSE: ) todagy announced that it is the lead systemx integratorfor Oncor's advancedx metering systems deployment. The company contributed to Oncor'ds significant milestone this month -- the reporting of 15-minutr interval, billable quality data to the Texax market. Oncor, the largestg regulated transmission and distribution syste min Texas, is leadingh one of the most comprehensived and largest deployments of smartg grid technologies in the nation and is schedulef to replace 3.4 million standard meters with advanced meter systems by 2012.
IBM is assistinhg Oncor by providing expertise in smarr metering and systems integration along with its understandint of large meterdata management, business analytics, and security solutions. "As smart grid rapidlyt gains momentum around the we are pleased to be selectecd as the systems integrator for another full scale deploymentr withregulatory approval," said Guidio Bartels, General Manager of IBM's Globalk Energy & Utilities industry. "IBM is working with clients like Oncor to deliver on the promiser of a smarter grid by transforming a networm into somethingmore robust, secure and intelligeny -- enabling customers to manage electricity usag in a more informed manner.
IBM's Solution Architecture for Energyt andUtilities (SAFE) is a softwarer framework and products such as Data Maximo, Tivoli Identity Manager, Tivoli Compliance Manager, etc. will enhancde the security and reliability of the informationn technologysolution "Oncor's Smart Texas(SM) initiativse is one of the most advanced smart grid effort s underway today. IBM is responsibles for integrating the complex systemssupportinb Oncor's advanced meter system deployment," Mark vice president and chiegf information officer, said. "Achieving the important step ofreportinvg 15-minute interval, billable-quality data to the Texas marke t wouldn't have been possible without IBM'ds participation.
" Oncor Electric Delivery Company LLC "Oncor" is a regulatedr electric transmission and distribution business that uses superiore asset management skills to provide reliable electricity deliverg to consumers. Oncor operates the largest distribution and transmission systemin Texas, delivering powedr to approximately 3 million homes and businesses and operatingh approximately 117,000 miles of transmission and distributiom lines in Texas. While Oncor is owned by a limiteds number ofinvestors (including majority Energy Future Holdings Corp.), Oncor is managed by its Boarde of Directors, which is comprised of a majoritu of independent directors.
Infrastructure investments are at the forefron t of stimulus packages around the world to spureconomicd growth. Smart systems are transformin genergy grids, supply chains, water management and the healthcarse industry to name a few. Modernizing the power grid provide s consumers with the information to understand their energy usages and take actions to reduce wasteful use and integraterenewablr (intermittent) energy sources like solar and IBM is working with clients in nearl 50 smart grid engagements across emerging and maturs markets.
More about IBM's vision to bring a new leve of intelligence to how the worldworks -- how every person, business, organization, government, natural system, and man-made system interacts, can be found here: For more informationm on smart utilities at IBM Emily Horn IBM Corporate External Relations 415.545.2634 horne@us.ibm.com
Friday, September 16, 2011
O4 Corp. gets $15M to expand - Pacific Business News (Honolulu):
ymekovo.wordpress.com
O4 Corp. — which stands for Out Of OfficeOperations — develops mobile softwar applications that consumer products manufacturersa such as and use to instruct sales reps to checm inventory levels, products displays and pricing informatio in retail stores. The technology also wirelesslyy transmits data and product orders back to While consumer goods manufacturerz spend significantlyon in-store marketing promotions and new product launch, “they really don’t get visibility into what’s happeningg at the retail shelf,” said Laurqa Witt, general partner at , a Baltimore-basesd venture firm that invested the $15 million.
O4’s softwar e empowers manufacturers’ eyes and ears in retaipl stores — their salea force, Witt said. “It makes them much more effective and efficient,” she said. O4’s technology, designed to run on hand-helsd devices, is highly flexible, said Dale Hagemeyer, consumer goodd technology analystat “Think of it as a 12-way adjustable Hagemeyer said. “It really contours to how peopls dotheir work.” O4’s globe-trotting Desmond Miller, has an ambitious growth trajectorty for his firm. O4’s subscriber base is projected to explodes fromabout 25,000 today to about 250,000 userws in the next three Miller said, from Sydney, Australia.
“We are showinf a tremendous ROI (return on to the market right now in verydifficulg times,” said Miller, who lives in Australiq and splits his time between North Asia and Europe. “We are able to show payback for these systemsz in months andnot years, and we are givin g our customers an edge in the O4 expects to hit its growth targetd by adding new customers and sellingt more services and products to existingt ones. “It’s not just being an inch deep with the O4 U.S. President Harris Fogel said. “It’s being a mile wide and a mile deep.” ABS Capita was impressed with O4’s “momentum” and its blue-chip clien t roster.
“It was clear to us that they must be offerinbg something of value for the consumedrproducts industry,” Witt said. ABS, whic invests in later-stage growth companies in the business health-care, media and communications, and softwarr sectors, was a major investor in , whicj raised $112 million in an initial public offering in O4 will investthe $15 million — the company’ds first institutional round — into developing an global customer support infrastructure, transitioning from a software-licensinb to a software-as-a-subscription model and executing a geographicx and product expansion.
The company sees “hugr opportunities” in the emerging markets of Latim America, Eastern Europe and China, wherer consumer products companies have armies of mobile workers that can benefitfrom O4’ss software. “A consumer products multinational mighthave 10,000 mobile workersz in China alone,” Fogel said. “We are abougt users.” The global strategy is critical as O4 keep pace with itsmultinational customers, who are themselvez chasing overseas demand. “The customet is going where there are more mouthsw to feed and more feetto Gartner’s Hagemeyer said. “If P&G is going into Asia and LatihAmerica ...
you want to folloaw P&G wherever P&G wants to go.”
O4 Corp. — which stands for Out Of OfficeOperations — develops mobile softwar applications that consumer products manufacturersa such as and use to instruct sales reps to checm inventory levels, products displays and pricing informatio in retail stores. The technology also wirelesslyy transmits data and product orders back to While consumer goods manufacturerz spend significantlyon in-store marketing promotions and new product launch, “they really don’t get visibility into what’s happeningg at the retail shelf,” said Laurqa Witt, general partner at , a Baltimore-basesd venture firm that invested the $15 million.
O4’s softwar e empowers manufacturers’ eyes and ears in retaipl stores — their salea force, Witt said. “It makes them much more effective and efficient,” she said. O4’s technology, designed to run on hand-helsd devices, is highly flexible, said Dale Hagemeyer, consumer goodd technology analystat “Think of it as a 12-way adjustable Hagemeyer said. “It really contours to how peopls dotheir work.” O4’s globe-trotting Desmond Miller, has an ambitious growth trajectorty for his firm. O4’s subscriber base is projected to explodes fromabout 25,000 today to about 250,000 userws in the next three Miller said, from Sydney, Australia.
“We are showinf a tremendous ROI (return on to the market right now in verydifficulg times,” said Miller, who lives in Australiq and splits his time between North Asia and Europe. “We are able to show payback for these systemsz in months andnot years, and we are givin g our customers an edge in the O4 expects to hit its growth targetd by adding new customers and sellingt more services and products to existingt ones. “It’s not just being an inch deep with the O4 U.S. President Harris Fogel said. “It’s being a mile wide and a mile deep.” ABS Capita was impressed with O4’s “momentum” and its blue-chip clien t roster.
“It was clear to us that they must be offerinbg something of value for the consumedrproducts industry,” Witt said. ABS, whic invests in later-stage growth companies in the business health-care, media and communications, and softwarr sectors, was a major investor in , whicj raised $112 million in an initial public offering in O4 will investthe $15 million — the company’ds first institutional round — into developing an global customer support infrastructure, transitioning from a software-licensinb to a software-as-a-subscription model and executing a geographicx and product expansion.
The company sees “hugr opportunities” in the emerging markets of Latim America, Eastern Europe and China, wherer consumer products companies have armies of mobile workers that can benefitfrom O4’ss software. “A consumer products multinational mighthave 10,000 mobile workersz in China alone,” Fogel said. “We are abougt users.” The global strategy is critical as O4 keep pace with itsmultinational customers, who are themselvez chasing overseas demand. “The customet is going where there are more mouthsw to feed and more feetto Gartner’s Hagemeyer said. “If P&G is going into Asia and LatihAmerica ...
you want to folloaw P&G wherever P&G wants to go.”
Tuesday, September 13, 2011
Phillips ranks No. 1 on residential real estate list - Houston Business Journal:
manuscripts-shuwatu.blogspot.com
Phillips completed 1,148 transaction sides last year, according to the program’sd list of Top 100 Agents by Transaction Every real estate transaction has a buyingy andselling side, hence the term “transactionj sides.” Phillips, who ranked No. 3 in 2007 transactiojn sides with 609, has benefitedd from Century 21 All-Pro’s focus on moving foreclosed Century21 All-Pro lists foreclosures for the , Fannie Mae and aboutg 25 banks. In an interview with the Kansas City Business Journallin December, Phillips said his successfulp business model involves a division of labor.
who doesn’t deal with any buyers, immediately postsd foreclosure listings with online bidding and multiple listing services. His agents, spread throughout the metro area and other parts of Kansas and place signs and lockboxes at the new listings in exchange for gettin their phone numbers onthe signs. In Phillips delegates to assistants tasks such as writintgproperty descriptions, taking photographs and updating the listings that pour in at a rate of 40 a day. Becausee of the lower price range of most foreclosure Phillips wasranked No. 71 on the Top 100 Agents by Saleds Volume with a totalof $68. million in 2008 sales. Serena Boardman of in New York topped that listwith $255.
21 million. For the awards program, Real Trendw surveyed more than 7,000 real estate brokerages and Foundedin 2002, Century 21 All-Prp has 140 agents in five office including Parkville. Blue Springs, Liberty, southg Kansas City and Kansas City’s Westport
Phillips completed 1,148 transaction sides last year, according to the program’sd list of Top 100 Agents by Transaction Every real estate transaction has a buyingy andselling side, hence the term “transactionj sides.” Phillips, who ranked No. 3 in 2007 transactiojn sides with 609, has benefitedd from Century 21 All-Pro’s focus on moving foreclosed Century21 All-Pro lists foreclosures for the , Fannie Mae and aboutg 25 banks. In an interview with the Kansas City Business Journallin December, Phillips said his successfulp business model involves a division of labor.
who doesn’t deal with any buyers, immediately postsd foreclosure listings with online bidding and multiple listing services. His agents, spread throughout the metro area and other parts of Kansas and place signs and lockboxes at the new listings in exchange for gettin their phone numbers onthe signs. In Phillips delegates to assistants tasks such as writintgproperty descriptions, taking photographs and updating the listings that pour in at a rate of 40 a day. Becausee of the lower price range of most foreclosure Phillips wasranked No. 71 on the Top 100 Agents by Saleds Volume with a totalof $68. million in 2008 sales. Serena Boardman of in New York topped that listwith $255.
21 million. For the awards program, Real Trendw surveyed more than 7,000 real estate brokerages and Foundedin 2002, Century 21 All-Prp has 140 agents in five office including Parkville. Blue Springs, Liberty, southg Kansas City and Kansas City’s Westport
Sunday, September 11, 2011
Best Places to Work winners: Bioworks Foundation, Paragon and Medtronic - Memphis Business Journal:
houston-nearly.blogspot.com
The winners and 15 other finalist companieas werehonored Oct. 20 at the . Memphias Bioworks won in the category with less than51 employees. "It'se a privilege to be selectesd as the winner in that there are a lot of great companies on that sayspresident . "What'sd also exciting is that our staff works really hard to do what we thinl is a good thing for the communityand it's good for the stafff to do that and be recognized, too." , , , LifeWinge Partners and were the other finalists. Paragon National Bank took top honorzs inthe 51-150 employees category. "We were so excited that we won," says , senior vice presidentt of treasury management.
"It was just a tremendous especially with us only being open two years and to alreadt havethat recognition." GTx, , , Pickering, Inc. and were finalists in the category. Medtronif Spinal and Biologics, the Memphis-based spinal fixation divisionof Medtronic, won first place in the category for more than 150 "We are honored to win this awardr and I think it speaks volumee about our people that the award is baser on employee responses," says , president of the Memphiw division. "Medtronic is one of the most employee friendlty places in the country and we want people inthe Mid-South to think of Medtronic when they think of greatt places to work." , , , O.R.
Nurses, and of the Mid-South were finalists in the largscompany category. National research firm used employee questionnaires and results to determine finalistsand , Stock & Grisham and Champion Awards were
The winners and 15 other finalist companieas werehonored Oct. 20 at the . Memphias Bioworks won in the category with less than51 employees. "It'se a privilege to be selectesd as the winner in that there are a lot of great companies on that sayspresident . "What'sd also exciting is that our staff works really hard to do what we thinl is a good thing for the communityand it's good for the stafff to do that and be recognized, too." , , , LifeWinge Partners and were the other finalists. Paragon National Bank took top honorzs inthe 51-150 employees category. "We were so excited that we won," says , senior vice presidentt of treasury management.
"It was just a tremendous especially with us only being open two years and to alreadt havethat recognition." GTx, , , Pickering, Inc. and were finalists in the category. Medtronif Spinal and Biologics, the Memphis-based spinal fixation divisionof Medtronic, won first place in the category for more than 150 "We are honored to win this awardr and I think it speaks volumee about our people that the award is baser on employee responses," says , president of the Memphiw division. "Medtronic is one of the most employee friendlty places in the country and we want people inthe Mid-South to think of Medtronic when they think of greatt places to work." , , , O.R.
Nurses, and of the Mid-South were finalists in the largscompany category. National research firm used employee questionnaires and results to determine finalistsand , Stock & Grisham and Champion Awards were
Friday, September 9, 2011
How You Can Help Super-Theft Victim Mike Meyer [Video] - ComicsAlliance
http://earthscholars.com/pages/6/page6.html
Time Out Chicago (blog) | How You Can Help Super-Theft Victim Mike Meyer [Video] Comics » |
Wednesday, September 7, 2011
Venture capital waning force in entrepreneurship, study finds - bizjournals:
avaohev.blogspot.com
Only 16 percent of the 900 companies thatmade ’ list of the 500 fastest-growing companies from 1997 to 2007 receivec venture capital, the study found. Less than 1 percent of the estimatedf 600,000 new businesses a year that hire employeed are backed by venturecapital firms. The study concludese the venture capital industry needs to shrink because its returns are stagnatinvg or declining while its asset s under managementare growing. Over a 10-year time frame, returns on venture investments were 10 percenty below the Russell 2000 Indexsof small-cap stocks, Kauffman found.
“To provides competitive returns, we expecty venture investing will be cut in half incoming years,” said Robertr Litan, vice president of research and policy at the Kauffman The study notes that information technologuy and telecommunications — the core industries that made ventured capital firms successful — are mature and less capital-intensive now. the stock market and potential corporate buyers are less interestedd in young and unprofitable companies than they were inventure capital’as heyday.
“Professionals in the ventured industry have gotten comfortablse with the way their industry is set up in termaof size, structure and compensation,” said Paul a Kauffman senior fellow who authored the “However, our study indicates venture participants now need to overcomwe their resistance to change, so they can most effectiveluy fund entrepreneurs and offer investors competitive That change already is occurring, accordin to a separate study released June 10 by and the . More than half of the 700 venturse capital firms surveyed plan to invest infewerr companies. For more information, see www.kauffman.org or www.nvca.
org
Only 16 percent of the 900 companies thatmade ’ list of the 500 fastest-growing companies from 1997 to 2007 receivec venture capital, the study found. Less than 1 percent of the estimatedf 600,000 new businesses a year that hire employeed are backed by venturecapital firms. The study concludese the venture capital industry needs to shrink because its returns are stagnatinvg or declining while its asset s under managementare growing. Over a 10-year time frame, returns on venture investments were 10 percenty below the Russell 2000 Indexsof small-cap stocks, Kauffman found.
“To provides competitive returns, we expecty venture investing will be cut in half incoming years,” said Robertr Litan, vice president of research and policy at the Kauffman The study notes that information technologuy and telecommunications — the core industries that made ventured capital firms successful — are mature and less capital-intensive now. the stock market and potential corporate buyers are less interestedd in young and unprofitable companies than they were inventure capital’as heyday.
“Professionals in the ventured industry have gotten comfortablse with the way their industry is set up in termaof size, structure and compensation,” said Paul a Kauffman senior fellow who authored the “However, our study indicates venture participants now need to overcomwe their resistance to change, so they can most effectiveluy fund entrepreneurs and offer investors competitive That change already is occurring, accordin to a separate study released June 10 by and the . More than half of the 700 venturse capital firms surveyed plan to invest infewerr companies. For more information, see www.kauffman.org or www.nvca.
org
Monday, September 5, 2011
Stimulus funds lag health woes - Minneapolis / St. Paul Business Journal:
http://hoeslyrealestate.com/2278-honey-farm-way-columbia-tn-38401/
That’s the view of the eight-member pane of industry and medical experts who were invitexd by the South Floridqa Business Journal to share their views of whatthe $787 billiob federal stimulus package means to the health care What emerged was a broad discussion of how stimulus legislation is just one piecr of change needed in an industry that has run financiallyy amok due to an overreliance on specialists, shortfallsx in information technology and patients who are undereducated. The Congressionalp Budget Office has projected that totaol national spending on health care could hit 48 percent of gross domestic product by 2050 ifleft unchecked.
To solv e this problem will takemore money, in the short term. The Obama administration’s $59 billiom for health care stimulus spendingincludesw $19 billion for electronic health care Starting in 2011, doctors who can show meaningfulo use of electronic medical recordx will get incentives – and those who don’ t will get declining Medicare payments. But, the old-fashionede general practitioner may also have a big Linda Quick, president of the , said health care refornm legislation that coincides with the stimuluz calls for individuals to have a home location or a primaryu care provider.
She said that allows for “sa community location close to home and getting more done in a actually high clinicaltechnology setting.” in turn, will also translatre into a less costly location, the panelists Rachel Sapoznik, CEO of , “The reason I believe in the last 25 yearse of seeing health care costs rise dramaticallty is we have moved away from the primary care physician knowing the patient to specialists.” Patients go from specialisrt to specialist to get each ailment treated, but an overvies of their condition and family history is George Foyo, executive VP and chief administrative officer at , “Piggybacking on primary care is absolutely right.
All these specialties are adding thousands and thousandsxof dollars.” One problem is that specialists tend to overdoo tests because they are so worried about legalo liability issues, he Dr. Tony Prieto, a family practitioner and president of the Browardc CountyMedical Association, said reimbursement issues for tests done in his officw also frustrate him. A hospitalk might get $2,000 for a test from but he can onlyget $200. “I don’t thinm it’s anything that’s going to work unlesse we use somecommon sense,” he said.
Foyo said primaryg care physicians historically put an emphasizs on healthprevention efforts, but the lack of it theswe days is contributing to an epidemic of diabetews and heart issues. Baptist Health, whicn is well known for hospitalzs in Kendalland Homestead, is pushinv forward with outpatient centers – and even venturinhg into Broward County. One reason is emergency roomdsare full, and providing care thers is more costly than at an outpatient “Rather than have patientes come to us, the hospitalzs are going out to them,” Foyo Florida’s 51 nonprofit community health centerd are getting $28 million in competitive grants under the stimulus legislation, which will also keep patientz out of expensive hospital settingz for treatment.
House Speaker Nancy Pelosi highlighted that durin an April visit to a community healthu center in Hollywood that willget $1.5 millionb to open a satellite healtg center in West Park. One of the advantagex for these types of centers is that they are fundes with the assumption that their doors will be open to all who which is important because of the number of uninsuredxSouth Floridians, including undocumented foreigners, Quic said. Dr.
Welby, meet Bill Gates Mark Sterling, administrative partnefr at the law firm of in said electronic medicalrecords (EMR) fall unde r the category of projects in the world of stimulusw – meaning the technology existxs and can be adopted rapidly to put moneyu in the economy. Not everyone is totally gung-hio on paying $50,000 to instalpl an EMR system. Prieto “I’d rather have my old nurse that knew her rather than what hercompute said.” He’s 61 and realizes he woulfd need an EMR system by 2014, “but I migh t retire by then,” he said.
Family practitioners have been a dwindlin breed in the era of Prieto said he saw one group shrink from havin 20 tojust three. “The bad news is doctors don’t want to go into primarh care,” he said. And medical students don’ft see it as lucrative as other areas. Foyo said he hopes ’sa new college of medicine will focus more on primarygcare specialists. But, even soon-to-retire doctores like Prieto might want to put an EMR syste in place because it will increaswe the value oftheir practice, said Pete chief technology and innovationsa officer for the Wellington-based , which provides an EMR syste m called PWeR.
The short-term strategy will be to put monehyin doctors’ pockets to invest in EMR systems, but quality of care is the long-term payoff, said Andreww Carricarte, president of in Miami, which also offerds an EMR system. Disease management should be a major beneficiary, since many doctorsz still use a manual process to track diabetex and other inflictions. Michael Kesti, CEO of , a Palmettio Bay health care management andmarketingb company, said: “The savings could be tremendouse if it’s implemented correctly, if we look at reducing errors and savingt lives.
” There’s a trickle down to businesses, as If health care costs are reduced, that should push down insurancee premiums and leave more money in the hande of the employers who pay them. “Now, they got that so now they can stimulate growthh and theentire economy,” Kesti Quantum and IOS are experiencing rapid Carricarte said. IOS has hired 12 people in the past few monthsd and is hiring15 more. Jobs typically pay $40,009 or more. Martinez, who was previously ’ws site manager in Boca Raton, said Quantum has doubleed in size in the past andthat doesn’t include all the outlying servicse providers he is using.
Widely publicized reports thatBritney Spears, Farrah Fawcett and “octomom” Nadya Suleman’a records were viewed by unauthorized medical workers are raisinvg concerns about just how well medical recordxs are protected. Proposed rules in the stimulua legislation would require notification to patients whosed medical recordswere exposed. If 10 or more patientd can’t be notified, the provide r must notify the news mediza or put it on the home page of their Web Sapoznik said patients already worry that employersx will see informationon Web-basef systems.
“Employees are very concerned aboutg putting theirinformation there, even though it’s private information and the employer has no accesz to it,” she said. “From the insurance perspective, they feel theirr systems are controlled and protected for the Older patients are often stresseds about going online to even look fora doctor, Sapoznilk said. However, the hospital association’sx Quick said there are examples of systems working A local federation of communityy health centers can know about a patient visitinbg two different centers and what was donein each. and Humanz have links on their but there’s no universal accesas across a broader spectrum.
Quick said the goal for healtyh care should be the type of portability founx withATM cards. She said if she can go to a foreignh country and use herATM card, then why shouldn’y she have access to prescriptionm information and her latest MRI in case she falls and bumps her head? Foyo “Ultimately, we have to create a system that will allow the patienyt to have all that information available at a moment’d notice.” Sapoznik said personal responsibility as a consumer needs to be part of the “Should I have three MRIs in a year? Should I have a CAT MRI and blood tests?
” She said consumers also need to gatheer information on whether they are choosing the righyt hospital and doctor, and understand their capabilitie and the outcomes. Foyo said consumers need to understane the costs when they go toa “just like when you shop for a car, you can get a differenrt price for every model in the world.” Consumers will be able to choose because they will know the cost and the history of the he said. Physicians also need to be paid to keep you Martinez said. He likenex the current system to one wherw a mechanic is paid to work on a car on anunlimitedd basis, rather than being encouraged to do preventivs maintenance.
In response to continued privacy and security concernsa about the widespread adoption ofEMR systems, Martinezs said it’s a misnomer that paper systems or PCs are more Somebody might walk up to a paper system and pull a file, or a thief mighf steal a PC and get a wealth of patienty information, he said. Martinez and Carricarte argue that data is safer storedon well-protected computer cloud networks. Among the factors are data physicallyimpregnable bunker-like data warehousee and firewall-encrypted systems. Martinez said healthu care stands out as a laggarde inadopting technology.
“Ninety percent of the transactionss in this businessare phone, paper and fax in the 21st he said. “So, the fundamental transformation of this industryu is based onelectronic interchange.” Florida’se patchwork state budget drew concerns from panelists abouy what will happen when stimulus money runs out. In one maneuver, the Legislaturer took $800 million in stimulus funds for Medicaid, and then movedf $800 million of state money to otherd parts of thebudget – a “shel l game” in the eyes of state Sen. Nan Foyo said the tobacco tax willadd $2.5 but the system already has a shortfall.
“Therer is a cliff at the end of threwe years andwhat happens? All of this [stimulues money] goes away,” he said. Quicko said every extra 1 percent of unemploymentmeand 100,000 people become eligible for Medicaidf when their incomes fall low enough. While federapl funds used to be 50 percent of now it’s up to 56 percent. But, just to fund the now-lower 44 percent share, the stated needs to increase taxes on The federal money comes with strings to maintain Quick said. “That’s a good thing every time we run short onMedicais money, we start throwing people off the bus.
” Kesti said there’ds whispering in the halls of Tallahassee about what will happen in threse years. “What I think we can all expect is additionaol taxes to support theMedicaid program,” he Hogan & Hartson’s Sterling wasn’t so sure. “Igf the economy has improved in that we will have less pressure onthe system,” he “If reform efforts are actuallgy implemented in that time – and are actually successfull during that time – we may see that cliffg put [further] out, or it’s not as an abrupgt of a cliff.” THE DETAILS: Many of the panelistsz say their companies are hiring.
Baptisft Health South Florida is looking for as many as 100registerefd nurses, as well as advanced nurse practitioner and licensed clinical professionals. Applicants need a year of acutew care hospital experience and aFloridaa license. It has 43 openings for professional/clinical most requiring a statwe license. Career opportunities also exist inthe respiratory, rehabilitation, accounting, information technology and risk management areas. Sapoznik Insurancw is hiring three to four licensex insurance agents with experience in group orindividuap health, life, disability and other ancillaryy products. It is also looking for a group insurance quoting specialist andaccount administrators.
IOS Health Systems has been on ahiringt spree, which is expected to continue throughout the It expects to add six sales positions, four software implementers and four softwarde developers. Most jobs require technical, project management and customefrservice skills, but trainingh in health care and healt h information technology is
That’s the view of the eight-member pane of industry and medical experts who were invitexd by the South Floridqa Business Journal to share their views of whatthe $787 billiob federal stimulus package means to the health care What emerged was a broad discussion of how stimulus legislation is just one piecr of change needed in an industry that has run financiallyy amok due to an overreliance on specialists, shortfallsx in information technology and patients who are undereducated. The Congressionalp Budget Office has projected that totaol national spending on health care could hit 48 percent of gross domestic product by 2050 ifleft unchecked.
To solv e this problem will takemore money, in the short term. The Obama administration’s $59 billiom for health care stimulus spendingincludesw $19 billion for electronic health care Starting in 2011, doctors who can show meaningfulo use of electronic medical recordx will get incentives – and those who don’ t will get declining Medicare payments. But, the old-fashionede general practitioner may also have a big Linda Quick, president of the , said health care refornm legislation that coincides with the stimuluz calls for individuals to have a home location or a primaryu care provider.
She said that allows for “sa community location close to home and getting more done in a actually high clinicaltechnology setting.” in turn, will also translatre into a less costly location, the panelists Rachel Sapoznik, CEO of , “The reason I believe in the last 25 yearse of seeing health care costs rise dramaticallty is we have moved away from the primary care physician knowing the patient to specialists.” Patients go from specialisrt to specialist to get each ailment treated, but an overvies of their condition and family history is George Foyo, executive VP and chief administrative officer at , “Piggybacking on primary care is absolutely right.
All these specialties are adding thousands and thousandsxof dollars.” One problem is that specialists tend to overdoo tests because they are so worried about legalo liability issues, he Dr. Tony Prieto, a family practitioner and president of the Browardc CountyMedical Association, said reimbursement issues for tests done in his officw also frustrate him. A hospitalk might get $2,000 for a test from but he can onlyget $200. “I don’t thinm it’s anything that’s going to work unlesse we use somecommon sense,” he said.
Foyo said primaryg care physicians historically put an emphasizs on healthprevention efforts, but the lack of it theswe days is contributing to an epidemic of diabetews and heart issues. Baptist Health, whicn is well known for hospitalzs in Kendalland Homestead, is pushinv forward with outpatient centers – and even venturinhg into Broward County. One reason is emergency roomdsare full, and providing care thers is more costly than at an outpatient “Rather than have patientes come to us, the hospitalzs are going out to them,” Foyo Florida’s 51 nonprofit community health centerd are getting $28 million in competitive grants under the stimulus legislation, which will also keep patientz out of expensive hospital settingz for treatment.
House Speaker Nancy Pelosi highlighted that durin an April visit to a community healthu center in Hollywood that willget $1.5 millionb to open a satellite healtg center in West Park. One of the advantagex for these types of centers is that they are fundes with the assumption that their doors will be open to all who which is important because of the number of uninsuredxSouth Floridians, including undocumented foreigners, Quic said. Dr.
Welby, meet Bill Gates Mark Sterling, administrative partnefr at the law firm of in said electronic medicalrecords (EMR) fall unde r the category of projects in the world of stimulusw – meaning the technology existxs and can be adopted rapidly to put moneyu in the economy. Not everyone is totally gung-hio on paying $50,000 to instalpl an EMR system. Prieto “I’d rather have my old nurse that knew her rather than what hercompute said.” He’s 61 and realizes he woulfd need an EMR system by 2014, “but I migh t retire by then,” he said.
Family practitioners have been a dwindlin breed in the era of Prieto said he saw one group shrink from havin 20 tojust three. “The bad news is doctors don’t want to go into primarh care,” he said. And medical students don’ft see it as lucrative as other areas. Foyo said he hopes ’sa new college of medicine will focus more on primarygcare specialists. But, even soon-to-retire doctores like Prieto might want to put an EMR syste in place because it will increaswe the value oftheir practice, said Pete chief technology and innovationsa officer for the Wellington-based , which provides an EMR syste m called PWeR.
The short-term strategy will be to put monehyin doctors’ pockets to invest in EMR systems, but quality of care is the long-term payoff, said Andreww Carricarte, president of in Miami, which also offerds an EMR system. Disease management should be a major beneficiary, since many doctorsz still use a manual process to track diabetex and other inflictions. Michael Kesti, CEO of , a Palmettio Bay health care management andmarketingb company, said: “The savings could be tremendouse if it’s implemented correctly, if we look at reducing errors and savingt lives.
” There’s a trickle down to businesses, as If health care costs are reduced, that should push down insurancee premiums and leave more money in the hande of the employers who pay them. “Now, they got that so now they can stimulate growthh and theentire economy,” Kesti Quantum and IOS are experiencing rapid Carricarte said. IOS has hired 12 people in the past few monthsd and is hiring15 more. Jobs typically pay $40,009 or more. Martinez, who was previously ’ws site manager in Boca Raton, said Quantum has doubleed in size in the past andthat doesn’t include all the outlying servicse providers he is using.
Widely publicized reports thatBritney Spears, Farrah Fawcett and “octomom” Nadya Suleman’a records were viewed by unauthorized medical workers are raisinvg concerns about just how well medical recordxs are protected. Proposed rules in the stimulua legislation would require notification to patients whosed medical recordswere exposed. If 10 or more patientd can’t be notified, the provide r must notify the news mediza or put it on the home page of their Web Sapoznik said patients already worry that employersx will see informationon Web-basef systems.
“Employees are very concerned aboutg putting theirinformation there, even though it’s private information and the employer has no accesz to it,” she said. “From the insurance perspective, they feel theirr systems are controlled and protected for the Older patients are often stresseds about going online to even look fora doctor, Sapoznilk said. However, the hospital association’sx Quick said there are examples of systems working A local federation of communityy health centers can know about a patient visitinbg two different centers and what was donein each. and Humanz have links on their but there’s no universal accesas across a broader spectrum.
Quick said the goal for healtyh care should be the type of portability founx withATM cards. She said if she can go to a foreignh country and use herATM card, then why shouldn’y she have access to prescriptionm information and her latest MRI in case she falls and bumps her head? Foyo “Ultimately, we have to create a system that will allow the patienyt to have all that information available at a moment’d notice.” Sapoznik said personal responsibility as a consumer needs to be part of the “Should I have three MRIs in a year? Should I have a CAT MRI and blood tests?
” She said consumers also need to gatheer information on whether they are choosing the righyt hospital and doctor, and understand their capabilitie and the outcomes. Foyo said consumers need to understane the costs when they go toa “just like when you shop for a car, you can get a differenrt price for every model in the world.” Consumers will be able to choose because they will know the cost and the history of the he said. Physicians also need to be paid to keep you Martinez said. He likenex the current system to one wherw a mechanic is paid to work on a car on anunlimitedd basis, rather than being encouraged to do preventivs maintenance.
In response to continued privacy and security concernsa about the widespread adoption ofEMR systems, Martinezs said it’s a misnomer that paper systems or PCs are more Somebody might walk up to a paper system and pull a file, or a thief mighf steal a PC and get a wealth of patienty information, he said. Martinez and Carricarte argue that data is safer storedon well-protected computer cloud networks. Among the factors are data physicallyimpregnable bunker-like data warehousee and firewall-encrypted systems. Martinez said healthu care stands out as a laggarde inadopting technology.
“Ninety percent of the transactionss in this businessare phone, paper and fax in the 21st he said. “So, the fundamental transformation of this industryu is based onelectronic interchange.” Florida’se patchwork state budget drew concerns from panelists abouy what will happen when stimulus money runs out. In one maneuver, the Legislaturer took $800 million in stimulus funds for Medicaid, and then movedf $800 million of state money to otherd parts of thebudget – a “shel l game” in the eyes of state Sen. Nan Foyo said the tobacco tax willadd $2.5 but the system already has a shortfall.
“Therer is a cliff at the end of threwe years andwhat happens? All of this [stimulues money] goes away,” he said. Quicko said every extra 1 percent of unemploymentmeand 100,000 people become eligible for Medicaidf when their incomes fall low enough. While federapl funds used to be 50 percent of now it’s up to 56 percent. But, just to fund the now-lower 44 percent share, the stated needs to increase taxes on The federal money comes with strings to maintain Quick said. “That’s a good thing every time we run short onMedicais money, we start throwing people off the bus.
” Kesti said there’ds whispering in the halls of Tallahassee about what will happen in threse years. “What I think we can all expect is additionaol taxes to support theMedicaid program,” he Hogan & Hartson’s Sterling wasn’t so sure. “Igf the economy has improved in that we will have less pressure onthe system,” he “If reform efforts are actuallgy implemented in that time – and are actually successfull during that time – we may see that cliffg put [further] out, or it’s not as an abrupgt of a cliff.” THE DETAILS: Many of the panelistsz say their companies are hiring.
Baptisft Health South Florida is looking for as many as 100registerefd nurses, as well as advanced nurse practitioner and licensed clinical professionals. Applicants need a year of acutew care hospital experience and aFloridaa license. It has 43 openings for professional/clinical most requiring a statwe license. Career opportunities also exist inthe respiratory, rehabilitation, accounting, information technology and risk management areas. Sapoznik Insurancw is hiring three to four licensex insurance agents with experience in group orindividuap health, life, disability and other ancillaryy products. It is also looking for a group insurance quoting specialist andaccount administrators.
IOS Health Systems has been on ahiringt spree, which is expected to continue throughout the It expects to add six sales positions, four software implementers and four softwarde developers. Most jobs require technical, project management and customefrservice skills, but trainingh in health care and healt h information technology is
Friday, September 2, 2011
KB Home narrows 2Q loss - Dallas Business Journal:
tiqosi.wordpress.com
The loss is attributed to charges tiedto joint-venture impairments and the abandonment of land optionm contracts, the homebuilder said. Los Angeles-based KB Home KBH), which has significant operations inthe Dallas-Fort Worth posted a second-quarter net loss of $78.4 million, or $1.043 per share. That is improved from last year when the companty reported a much deeper lossof $255.90 million, or $3.30 per share. The company’s overall revenue as compared to last year fell 40 percenf in thesecond quarter, hitting $384.5r million, down from $639.1 millionb a year earlier.
The decline is attributed to a 37 percent drop in the number of homes delivered and a 5 percenrt drop in the average homeselling price. KB Home’s President and Chief Executive Officet Jeffrey Mezger said Friday the company reported a lower net loss due to strategicx initiatives that set the goal of improvinggrosds margins, cutting overhead expenses and creatinf profitability in the company’s operations.
The loss is attributed to charges tiedto joint-venture impairments and the abandonment of land optionm contracts, the homebuilder said. Los Angeles-based KB Home KBH), which has significant operations inthe Dallas-Fort Worth posted a second-quarter net loss of $78.4 million, or $1.043 per share. That is improved from last year when the companty reported a much deeper lossof $255.90 million, or $3.30 per share. The company’s overall revenue as compared to last year fell 40 percenf in thesecond quarter, hitting $384.5r million, down from $639.1 millionb a year earlier.
The decline is attributed to a 37 percent drop in the number of homes delivered and a 5 percenrt drop in the average homeselling price. KB Home’s President and Chief Executive Officet Jeffrey Mezger said Friday the company reported a lower net loss due to strategicx initiatives that set the goal of improvinggrosds margins, cutting overhead expenses and creatinf profitability in the company’s operations.
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