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Up – Terlato and Nicklaus Families Introduce Jack Nicklaus Label

     Posted on Sat ,31/07/2010 by admin
Terlato and Nicklaus Families Introduce Jack Nicklaus Label

0 Comments | Food and Beverage Close – Up, Jun 7, 2010

Terlato Wines and golf legend Jack Nicklaus and his family announced their partnership on Jack Nicklaus Wines, a new line of handcrafted, limited-production wines from California’s famed Napa Valley.

In a nod to golf history and tradition, the first bottles of the inaugural vintage — the 2007 Cabernet Sauvignon and 2007 Private Reserve — will be uncorked by Nicklaus at a private event at the Royal and Ancient Golf Club of St. Andrews in Scotland, globally recognized as the birthplace of golf.

The wines’ public debut was on June 4 at the Jack Nicklaus- hosted Memorial Tournament at Muirfield Village Golf Club in Dublin, Ohio.

According to a release, Nicklaus and Terlato families share a lifelong pursuit of excellence and achievement in their respective fields — as well as a deep appreciation for the land. When Nicklaus, a long-time wine collector, sought to create a signature wine, he and his family looked for a partner who held high standards consistent with their own.

Nicklaus and his sons, Jack II and Gary, visited the Terlato- owned vineyards in California to meet with TWI Chairman and Founder Anthony Terlato and his sons, Bill and John. They toured the Terlato- owned Chimney Rock and Rutherford Hill wineries, and what emerged from two extraordinary days in Napa Valley was a friendship and two fabulous new wines.

“It took just moments for us to know that this was going to be a great partnership,” said Nicklaus. “We immediately felt a mutual respect and a connection, sparked by a shared passion for quality and a vision to create something that embodies the high standards of both our families.”

“Jack has lived his entire life in pursuit of excellence,” said Bill Terlato. “Whether mastering the game of golf and dominating his competition like no one before him, or by designing some of the most magnificent and distinctive golf courses around the globe, Jack has demonstrated world-class standards
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Matmi Chooses Unity for Gorillaz Debut Game on iPhone and iPad

     Posted on Sat ,31/07/2010 by admin
Matmi Chooses Unity for Gorillaz Debut Game on iPhone and iPad

Market Wire, July, 2010

Unity Technologies, provider of the Unity development platform for highly interactive 3D content on the web, iPhone, iPad, PC, Mac, Android, Wii, Xbox 360 and PlayStation3, today announced the release of the “Escape to Plastic Beach” game on the iPhone and iPad. Developed by award winning digital agency, Matmi, on the Unity platform for Gorillaz, it features the band’s new single, “Super Fast Jellyfish.”

The iPhone version of the game can be found on the App Store at: http://itunes.apple.com/us/app/gorillaz-escape-to-plastic/id378332559?mt=8
The iPad version can be found at: http://itunes.apple.com/nz/app/gorillaz-escape-to-plastic/id378357270?mt=8

“Branded games are vital new revenue streams for the music industry, and EMI has been a pioneer in the field — witness the success of the campaign we worked on with them for Lily Allen, for example,” said Jeff Coghlan, Founder and Managing Director of Matmi. “As a developer working on both online and mobile platforms, Unity is a great platform because it makes the port from online to the iPhone and iPad so simple. We can develop games which are higher quality than Flash-based games and by working in Unity, we can reach new game-playing audiences on the iPhone, iPod and iPad. For developers and clients targeting both online and mobile audiences, Unity’s development platform has the advantage.”

“It’s exciting to observe how Unity gets adopted outside of the core games industry
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Doctors or accountants? Your say

     Posted on Sat ,31/07/2010 by admin
Doctors or accountants? Your say

0 Comments | Evening Gazette (Middlesbrough, England), July 23, 2010

ANDREW Landsley’s plan to give pounds 80bn directly to GPs and phasing out the PCT system will not improve the NHS.

To manage such a large amount of money will only turn doctors into accountants, taking the priority away from the patient.

In time the NHS will go the same way as the utilities did (gas, water, electricity) and end up being foreign-owned as services will have to be put out to tender in order to save money, which is the sole purpose of the reform.

It has nothing to do with better health care for patients and all about the Tory ideal of a smaller public sector.

Then there’s the question of NICE (national institute of clinical excellence), a quango that costs pounds 30m per year which was set up to ration life-saving drugs, mainly to cancer patients.

If Landsley was serious about setting up a special fund to allow all patients the drugs they need (written into manifesto but not mentioned since) where will NICE fit in? There are still many questions the public deserve answers to – and soon.

KEITH HINDMARCH, Stockton

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Reliance boss fails to meet angry sheriff

     Posted on Sat ,31/07/2010 by admin
Reliance boss fails to meet angry sheriff

0 Comments | Scotsman (Edinburgh, Scotland), The, Sept 15, 2006

Byline: John Ross

A PRISON escort agency boss will today face the wrath of a sheriff, after failing to appear yesterday and explain why his firm had not delivered an accused man to court.

On Wednesday Sheriff Graeme Napier said he was “fed up” with Reliance and their excuses after flight problems left prisoner Lee Hunter stranded in Aberdeen rather than in the dock at Lerwick Sheriff Court.

The sheriff warned that he may charge the company with contempt of court and ordered a senior officer to attend to give an explanation.

However, no-one from Reliance made it to the court yesterday and the case had to be deferred until noon today. The company’s area manager, Mike Pirie, has promised to appear in front of the sheriff, along with a solicitor, Paul Wade.

Hunter, 20, from Lerwick, had been due to appear to face four charges of assault, possession of cannabis and breach of probation.

Reliance’s senior custody officer, Alexander Murray, told the sheriff that officers who had gone to collect Hunter were delayed by fog on Tuesday night. On Wednesday they missed the early flight, after which there was no room on the planes.

An angry Sheriff Napier told Mr Murray that Reliance should have brought Hunter to Shetland by boat as soon as they realised weather problems would affect the flights.

He told Mr Murray he wanted a senior Reliance officer in court yesterday morning.

Mr Pirie and Mr Wade were booked on a flight to arrive in Shetland yesterday, but failed to make the court hearing with foggy conditions prevailing throughout the islands all day.

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The disappearing wholesalers

     Posted on Thu ,29/07/2010 by admin
The disappearing wholesalers by Saul Yarrow
in Business / ECommerce (submitted 2010-02-08)

The Disappearing Wholesaler

The online retail trade for jewelry has continually increased over the previous decade to a phenomenal figure of billions of dollars. It’s not that people around the world are buying more jewelry – it’s actually the opposite. The global economic slowdown has taken a big chunk out of our expendable income and the diamond and jewelry business was one of the first to feel it. It’s very simple. Looking for an engagement ring? Why bother driving out to the city center, search for parking, take time off work and of course – pay substantially more for your ring when you have it all under your fingertips?

What has happened to the traditional jewelry trade over the past 5 years? The phenomena I am going to discuss has accelerated over the past 24 months as the global “credit crunch” crisis continues and deepens. Notwithstanding the various news reports in the media about the US, British and Western European economies emerging from the recession and moving towards growth – and the slowly improving situation for the Wal-Marts and Tesco’s out there, when speaking to anyone in the jewelry and diamond business who is willing to be frank and open, they will reluctantly admit that this “new era” is here to stay for a while and it is time to quickly adapt to the new situation.

The so called “global village” and “e-commerce” era has completely transformed and revolutionized the jewelry and diamond supply chain from one that consisted of a long and extensive list of suppliers, middle men, agents, and numerous other coupon/commission takers on the way to the consumer, into a short and streamlined channel that emerges direct from the source and concludes with the modern technologically advanced consumer, who is influenced strongly by social media and vast amounts of information from the internet. Today consumers are researching, comparative shopping and closing sales online at various levels of price points for all sorts of jewelry from fashion, to silver, to gold and diamond jewelry and even for exclusive designer jewelry pieces.

The first long serving and trusty member of our trade’s supply chain – the traditional jewelry wholesaler – who for decades has been importing, distributing and serving the regional and national jewelry stores – has (to use an analogy) been brutally shoved off the fast moving train and left lying in the muddy ditch fatally injured and bleeding. Most of these wholesalers have not recovered and will unfortunately, or fortunately depending on from where you stand in the supply chain, never recover from their ‘injuries’ and have had to accept their fate, constantly trying to superficially and unsuccessfully dress their wounds (deserting customers, insoluble customers, manufacturers cutting them out, etc) -by taking on more loans and saving energy bills by dimming the lights in their ancient showrooms. This was once a place that used to be a bustling and active area with a steady flow of visitors during business hours. Today it’s like a nightclub where the barman wears a t-shirt print saying “I have swine flu”.

These wholesalers have ended up with a marble / granite lid over their business with an engraving on the tombstone stating – ‘thanks for your service and support over the good years sucker but we don’t need you anymore’. The select few old and loyal customers (his father purchased goods from the wholesaler in the 70′s and 80′s) may pay a visit once in a while and see how the flower bed around the graveyard of the business is doing and then leave a small donation (pity purchase) to help pay for the gardening.

As a result of the above situation, the jewelry manufacturing community, primarily in China, India and other Far Eastern locations, witnessing the disappearance of the wholesaler, made a quick move and began to offer their merchandise directly to the independent high street jeweler .They conveniently hid their “terms and conditions” small print on the reverse of the order form and gave up on minimum quantity requirements, cancelled shipping costs, and for the icing on the cake – generously offered extended credit terms with prices cheaper than the wholesaler used to offer. All you had to do, is let them in the front door.
They also started to send regularly a rep all the way over to visit from China – even if situated in the small high street of a remote Scottish village – and leave you with trays of goods on a memo/consignment basis until his return on the next sales trip.

By doing a simple google search and reading the “about us” pages of the well known diamond moguls and jewelry manufacturers, you can clearly see that they have not only passed over the wholesaler (on their trek to a ‘decent margin’ dream) some of them have now even conveniently skipped their customer’s customer (where the trek ends) – the independent high street family jeweler / chain store and are now selling online directly to the consumer!. Let’s face it – it worked for the insurance companies – they dropped their agents a long time ago and sell online directly to anyone that will pay. Same story with the major airlines – when was the last time you bought an air ticket from your local high street travel agent?

The savvy wholesaler that is aware of what’s happening around him has made the gradual transition himself – instead of being thrown off the train he has chosen simply to move to another carriage either in front of him or behind him – up or down the supply chain. He may have started manufacturing locally on his own – developing a basic line and branding it, or alternatively elegantly skipped over his own customer (who has by now developed his own commercial website targeting the same end user).Winston Churchill, after WW2, in order to save the British economy gave some very useful advice to the business community: “export or die” – well today in our industry we can apply a similar quote: “establish yourself online or die”.

However – there is still one good reason for the wholesaler to exist
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Hostile Application to Acquire BEO Bancorp Withdrawn

     Posted on Thu ,29/07/2010 by admin
Hostile Application to Acquire BEO Bancorp Withdrawn

Business Wire, July 29, 2010

HEPPNER, Ore. — I am pleased to announce that the application made to the Federal
Reserve Bank by Community Bancshares, Inc., to acquire up to 100% of the
outstanding shares of BEO Bancorp has been withdrawn, said President
and CEO Jeff Bailey. Though I will not speculate as to why the
application was withdrawn, I understand that the Federal Reserve Bank
received literally hundreds of letters from shareholders, customers, and
employees in opposition to the application. I am certain these letters
made a difference and was a factor in the final decision, continued
Bailey.

Because of the overwhelming message to remain independent that we heard
from our shareholders and community, we will diligently proceed with
actions to buttress the existing anti-takeover measures already within
the articles of incorporation and bylaws, as well as adopt further
measures suggested by counsel. With these measures added to defenses
already existing within Oregon statutes, we will in fact be an even
stronger, more independent corporation, said EVP and CFO Mark Lemmon.

The Board of Directors, management and employees of Bank of Eastern
Oregon thank the stakeholders for resoundingly voicing support and
conviction for Bank of Eastern Oregon to remain staunchly independent,
locally owned and operated, as well as an integral part of our
communities, concluded Bailey.

For further information on the Company or to access internet banking,
please visit our website at http://www.beobank.com.

About BEO Bancorp

BEO Bancorp is the holding company for Bank of Eastern Oregon, which
operates 12 branches and two loan production offices in nine eastern
Oregon counties. Branches are located in Arlington, Ione, Heppner,
Condon, Irrigon, Boardman, Burns, John Day, Prairie City, Fossil, Moro
and Enterprise; loan production offices are located in Hermiston and
Ontario
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Senior police officers may face Freedom of Information scrutiny

     Posted on Thu ,29/07/2010 by admin

Senior police officers may face Freedom of Information scrutiny

0 Comments | Herald, The; Glasgow (UK), Jul 29, 2010 | by brian currie

SENIOR police officers, private prison operators and Glasgow Housing Association (GHA) may face closer scrutiny under plans to make them more accountable.

They are currently exempt from Freedom of Information (FoI) inquiries, but the Scottish Government yesterday launched a consultation on broadening the scope of the legislation, which gives people the right to access information from publicly funded bodies.

Organisations specified in the 14-week consultation include the private contractors running Addiewell and Kilmarnock prisons and those that transport prisoners.

The unique scale and public profile of GHA means there are strong grounds for it to be covered, according to the Government. The Association of Chief Police Officers in Scotland, which represents senior officers from the eight forces, is also on the list.

Private contractors that build and maintain schools, hospitals and trunk roads could also be included but it is likely each will be considered on a case-by-case basis.

Bruce Crawford, the Minister for Parliamentary Business, said the Government was committed to the principles underpinning FoI requests, but he added it would carefully consider whether it was appropriate to impose new regulatory constraints and the associated costs on to companies.

He said: “These principles of openness and transparency are essential parts of open democratic government, nowhere more so than in following the expenditure of public money.”

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The simple reason

     Posted on Thu ,29/07/2010 by admin

The simple reason being this decision will bring about significant business risks in the form of transferring day-to-day responsibilities of running mission-critical systems to a 3rd party. In addition, there may be considerable operational impact on staff that comes in the form of adjustments in working styles.

The objectives of outsourcing generally comprise of the following:

? Cost control / savings

? Concentration on core activities

? Access to new skills and technologies

? Overcoming internal organizational inertia to effect change

Objectives have to be clearly identified by the CIO and he will also have to take on the responsibility to communicate these objectives to all respective stakeholders from the outset of the process.

A outsourcing relationship that starts without clearly-defined objectives frequently fail, or may require significant remedial efforts to reset expectations and amend the services agenda.

How often do you read newsletters

     Posted on Thu ,29/07/2010 by admin

How often do you read newsletters and/or trade publications in your industry?

5. Do you work part-time or full time? About how many hours per week?

6. What are the one or two biggest reasons why you are in this business today? (i.e. do you love the product or service, do you hope to make enough money to become financially free someday, do you love the interactions you have with your customers, etc.)

7. How do you measure success in your business today?
(i.e. profits/money, number of customers, etc.)

Make some time in your schedule this week to think about your answers to these questions. And if you have a business coach today, also make the time to review your thoughts about these questions with him or her.

Understanding where you’re at in your business today is the first step to laying a solid foundation and beginning to catapult your business into massive momentum. Take action and get these questions answered today. You’ll be glad you did!

Matt Zembruski (aka “Mr. Momentum”) is the author of this article and publisher of the Massive Momentum Now newsletter.
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Short sales can make sense

     Posted on Thu ,29/07/2010 by admin

Short sales can make sense

0 Comments | San Gabriel Valley Tribune, Jun 24, 2010 | by Kevin Smith

Many struggling homeowners who have fallen behind in their mortgage payments fear foreclosure is their only option.

But Mayer Dallal, a certified distressed property expert with offices in Los Angeles and Pasadena, says a short sale is often the better way to go because it’s far less damaging to a homeowner’s credit.

Problem is, many people are unaware of this alternative.

A short sale is when a property is sold for less than the value of the balance owed on the property’s loan.

A foreclosure occurs when ownership of the home is taken away from the borrower. The home is then either sold at auction, or taken back by the bank.

“With a short sale on your credit, you’ll lose 100 to 150 points,” said Dallal, who is also a licensed real estate broker. “But with a foreclosure, you’ll lose about 300 to 350 points on average, and a foreclosure stays on your record for seven to 10 years.”

A short sale also allows the bank to immediately recoup some of its investment on the home, although lenders are generally reluctant to shoulder such a loss.

But if a bank opts to press forward with a foreclosure, it will be responsible for ongoing costs associated with maintaining the home and possibly revamping it for sale at a later date.

Dallal said a foreclosure also lowers neighboring property values by about 20 percent.

“The biggest problem we’re having now is a lack of education,” he said. “We’re trying to educate professionals on how to handle a short sale and on how people qualify.”

Dallal said it takes expertise to effectively package a short sale. Fortunately, more lenders are coming around to the idea that – in many cases – a short sale makes more sense.

Tom Adams, owner of Century 21 Adams & Barnes, said banks are getting better and quicker at handling foreclosures. But for a homeowner to qualify, the criteria are strict.

“It must be their primary residence – it can’t be an investment property,” he said. “And they are not going to do a short sale for someone who has a lot of other assets
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