Below please find daily updates pertaining to the latest in financial, business, and tax news:
Wake Forest gears up for TEDx conference
Posted: Wed Feb 22 11:21:47 PST 2012You?ve probably seen the inspirational videos online given at TED conferences from the likes of Daniel Pink, Dr. Anthony Atala, Elizabeth Gilbert and Stephen Hawking. On Saturday, folks in the Triad can experience a version of it in person. Wake Forest University will have it?s own version with the inaugural TEDxWakeForestU, an independently organized event licensed by the nonprofit TED. The T...
Google wants to offer video service in test market
Posted: Wed Feb 22 11:21:16 PST 2012Google Inc. has asked for approval to offer a cable-TV-type video package to residents of Kansas City, Mo., where it is testing out a high-speed fiber network. The New York Post reported that Google's video application is under review by the Missouri Public Service Commission. The Mountain View Internet search giant is laying fiber-optic cable in Kansas City, Mo., and Kansas City, Kan., as pa...
Kansas City Southern tracks new locomotives with $55 million federal loan
Posted: Wed Feb 22 11:21:09 PST 2012Federal transportation officials are loaning Kansas City Southern $54.6 million to buy 39 new locomotives. U.S. Department of Transportation Secretary Ray LaHood announced the loan Wednesday. He said in a release that the new General Electric (NYSE: GE) locomotives will both help KC Southern (Nasdaq: KSU) meet increased customer demand and reduce fuel usage and pollution. The locomotives will...
How South Florida shows its youth
Posted: Wed Feb 22 11:20:13 PST 2012It might be time to scratch the image of South Florida as God's waiting room. A new On Numbers report, based on Census Bureau data, shows the median age in the region is 39.4, which ranks as the 19th-oldest in the state and only 357th out of 942 areas nationwide. However, Florida as a whole might fulfill the stereotype. Out of the six U.S. markets with an average age above 50, four are in Flo...
Casino billionaire James Packer ups stake in Beringer wine parent
Posted: Wed Feb 22 11:18:25 PST 2012James Packer, an Aussie ?casino and gaming billionaire,? has increased his stake in Australian wine giant Treasury Wine Estates, according to wine trade publication Decanter.com. Packer?s family investment fund, Elbertson Capital, invested an additional $123 million in Treasury, Decanter reports, increasing its stake from $4.6 percent to 5 percent, and giving a much-needed boost to Treasury?s ...
Report confirms explosive amounts of methane in St. Bernard backyards
Posted: Wed Feb 22 11:16:16 PST 2012A new report from the Ohio Department of Health?s Health Assessment Section confirmed earlier findings of potentially explosive levels of methane and volatile organic compounds in several backyards near the St. Bernard landfill. Ohio EPA and the Hamilton County General Health District requested the department evaluate recent sampling results from sub-slab soil gas, soil and groundwater testing...
Tahoe?s Kirkwood to be sold to Vail Resorts for $18 million
Posted: Wed Feb 22 11:15:02 PST 2012Vail Resorts Inc. agreed to buy Kirkwood Mountain Resort for $18 million. Effective immediately, pass holders from Heavenly Ski Resort and Northstar California will be able to ski at Kirkwood, and vice versa. Kirkwood is about 35 miles south of South Lake Tahoe. The deal also includes land zoned for both residential and commercial development around the base of the resort, although the seller...
FHLBank Cincinnati 4Q profit falls 10%
Posted: Wed Feb 22 11:14:36 PST 2012The Federal Home Loan Bank of Cincinnati saw profit slide 10 percent during the fourth-quarter of 2011, to $40 million. The bank attributed the lower results to ongoing reductions in long-term interest rates, especially mortgage rates, which resulted in a $41 million increase in the net amortization of purchased premiums on mortgage assets. The Federal Home Loan Bank of Cincinnati, part of th...
JBG Rosenfield marketing Downtown Crown retail space
Posted: Wed Feb 22 11:14:23 PST 2012JBG Rosenfeld Retail is close to signing a 40,000-square-foot gym and three restaurants at Downtown Crown, a Harris Teeter-anchored mixed-use development in Gaithersburg that is expected to break ground in May. There is 260,000 square feet of retail at the development, including a Harris Teeter, according to Krista Di Iaconi, principal for JBG, who was showcasing the project at the Internation...
ConAgra Foods awards MarketVision Hispanic marketing contract
Posted: Wed Feb 22 11:11:48 PST 2012ConAgra Foods has awarded its Hispanic shopper marketing and consumer promotions contract to San Antonio marketing agency MarketVision. MarketVision will be involved in all marketing efforts for Hispanic-focused ConAgra products from strategy to execution. ConAgra selected the firm following a competitive request for proposals. ?ConAgra Foods understands the importance of the changing consume...
What If Berkshire Hathaway Paid a Dividend?
Posted: Wed Feb 22 11:34:35 PST 2012Warren Buffett's Berkshire Hathaway doesn't pay a single penny in dividends. But what if it did? ...
The Most Promising Dividends in Agricultural Chemicals
Posted: Wed Feb 22 11:30:33 PST 2012How does a dividend yield above 7% sound? ...
Will Tech Save the Day?
Posted: Wed Feb 22 11:30:05 PST 2012Will Tech Save the Day? ...
Odds Are Long for Regional Casinos
Posted: Wed Feb 22 11:26:04 PST 2012Competition and a weak economy are keeping regional casino owners from enjoying a recovery. ...
5-Star Stocks Poised to Pop: Ceragon Networks
Posted: Wed Feb 22 11:22:32 PST 2012Market-trouncing returns could be written in this five-star. ...
How Attractive Is IGT's Stock by the Numbers?
Posted: Wed Feb 22 11:20:55 PST 2012Let's take a look. ...
Quicksilver Resources Earnings Preview
Posted: Wed Feb 22 11:20:13 PST 2012Quicksilver Resources will unveil its latest earnings on Monday, Feb. 27. ...
Will Blue Nile Ever Regain its Luster?
Posted: Wed Feb 22 11:20:06 PST 2012Will Blue Nile Ever Regain its Luster? ...
Don?t Get Too Excited With Kraft?s Results
Posted: Wed Feb 22 11:20:06 PST 2012Don?t Get Too Excited With Kraft?s Results ...
Garmin Challenges the Bears
Posted: Wed Feb 22 11:16:11 PST 2012...
