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The Fast Paced Style Of Small Business Coaching
By Michael Gultz-5845
In some instances you may hear business coaches talk about business being slow. Here are some tips to keep that from happening.
One would be to place great emphasis on business development. There is always a need to challenge yourself with the development of new products, new marketing techniques, and new speaking engagements.
Make the most of any newsletter you have. Most of your subscribers would welcome valuable information. Be sure to make aware of what you have to offer.
You always want to keep any professional network and strategic partners up to date. On an average most of your clients will come from referrals. This is very important because you want to keep in constant contact with people who are referring clients to you and who may refer clients to you in the future.
Writing down ideas will be of help to. This way you can access the ideas when the time is right.
Consider yourself luck to be able
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St. Charles Convention Center posts profit for 2011<img src='http://assets.bizjournals.com/stlouis/print-edition/Shura.Lindgren-Garnett-head_web*100.jpg?v=1'>Global Spectrum, manager of the St. Charles Convention Center, said today that the convention center?s net profit of $173,858 on revenue of $5.6 million during 2011 was an all-time high since the venue opened in 2005, and it was the second year since then that it has made a profit.
In 2008, the center was budgeted to lose $374,789, but instead managed a profit of $10,141.
The facility?s 2011 gross revenue was $5.6 million, a record high, the company said, and up 12 percent from $5 million in 2010...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=qMY57ulgZR8:ECY7LRcIyiE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=qMY57ulgZR8:ECY7LRcIyiE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=qMY57ulgZR8:ECY7LRcIyiE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=qMY57ulgZR8:ECY7LRcIyiE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=qMY57ulgZR8:ECY7LRcIyiE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=qMY57ulgZR8:ECY7LRcIyiE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Perficient buys Chicago-based PointBridge for $22 million <img src='http://assets.bizjournals.com/stlouis/news/JeffDavis-NEWPROMO*100.jpg?v=1'>Information technology consulting firm, Perficient Inc. said today that it has acquired PointBridge Solutions, a Chicago-based business and technology consulting firm, in a cash and stock deal worth $22 million.
The deal includes $14.4 million in cash and about $7.6 million worth of Perficient common stock. The company said the acquisition will increase the company?s position in the technology market and will bring annual revenue to more than $300 million.
?The acquisition of PointBridge further strengthens our ability to bring a comprehensive portfolio of business-driven technology solutions to market and is a great way to start 2012,? Jeffrey Davis, Perficient?s chief executive officer and president, said in a statement...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=-MUePv0ummY:VHe0I5r4-Iw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=-MUePv0ummY:VHe0I5r4-Iw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=-MUePv0ummY:VHe0I5r4-Iw:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=-MUePv0ummY:VHe0I5r4-Iw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=-MUePv0ummY:VHe0I5r4-Iw:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=-MUePv0ummY:VHe0I5r4-Iw:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Mo., Ill. to participate in $25 billion bank settlement<img src='http://assets.bizjournals.com/stlouis/blog/scam020212-6*100.jpg?v=1'>More than 2 million Americans, including homeowners in Missouri and Illinois, could benefit from a $25 billion settlement announced today over alleged foreclosure abuses as the housing market collapsed. The deal was reached by federal agencies, five banks and attorneys general for 49 states (with Oklahoma the lone holdout).
Under the settlement, Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial have agreed to provide money for loan modifications, direct relief to wronged homeowners and funding for housing programs...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=asZJuqyQb1E:PCUjhgqX9J0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=asZJuqyQb1E:PCUjhgqX9J0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=asZJuqyQb1E:PCUjhgqX9J0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=asZJuqyQb1E:PCUjhgqX9J0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=asZJuqyQb1E:PCUjhgqX9J0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=asZJuqyQb1E:PCUjhgqX9J0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Fontbonne University gets $250,000 gift<img src='http://assets.bizjournals.com/stlouis/blog/fontbonneuniversity*100.jpg?v=1'>Fontbonne University?s Communication Disorders and Deaf Education Department received a $250,000 gift from an anonymous donor, school officials announced today.
Part of the gift will go toward funding the department?s Development Language Group Family Observatory and Therapy Rooms which is part of the Eardley Family Clinic for Speech, Language and Hearing, and helps individuals with communication disorders.
The gift will support two individual therapy rooms, which measure approximately 10 by 10 feet ? a therapy room for young children and a viewing space for families, said Elizabeth Brennan, senior communications and marketing coordinator for the university...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8-ruxVQ5MlA:HAzb5sT0C9A:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8-ruxVQ5MlA:HAzb5sT0C9A:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=8-ruxVQ5MlA:HAzb5sT0C9A:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8-ruxVQ5MlA:HAzb5sT0C9A:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=8-ruxVQ5MlA:HAzb5sT0C9A:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8-ruxVQ5MlA:HAzb5sT0C9A:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>City Academy receives $1.5 million for school?s expansion<img src='http://assets.bizjournals.com/stlouis/Taylor,JackpromoUSE*100.jpg?v=1'>City Academy officials said today that they received two donations worth a total of $1.5 million to help fund the expansion of the school.
Jack Taylor, founder of Enterprise Holdings Inc., gave the academy $500,000 to support its purchase and demolition of a warehouse adjacent to the campus on North Kingshighway in St. Louis. The property will accommodate overflow parking in the short-term.
Longtime City Academy supporters Marc and Marge Seldin, owners of Miss Elaine Inc., donated $1 million to the school to help fund an endowment to support future expansion...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ykzhaWoKvJo:9P_y8Cv9_f0:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ykzhaWoKvJo:9P_y8Cv9_f0:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ykzhaWoKvJo:9P_y8Cv9_f0:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ykzhaWoKvJo:9P_y8Cv9_f0:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=ykzhaWoKvJo:9P_y8Cv9_f0:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=ykzhaWoKvJo:9P_y8Cv9_f0:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Sigma-Aldrich?s annual profit grows 19 percent <img src='http://assets.bizjournals.com/stlouis/print-edition/2010/11/26/Sachdev,Rakesh-020_web*100.jpg?v=1'>Sigma-Aldrich Corp. officials said today that both profit and net sales increased for the year ended Dec. 31.
The company posted a profit of $457 million for the year ended Dec. 31, up 19 percent from a profit of $384 million during 2010. It reported sales of $2.5 billion for last year, up 10.6 percent from 2010 sales of $2.3 billion.
Profit and sales also both increased for the fourth quarter. The company?s profit was $108 million for the quarter ended Dec. 31, up 14.9 percent from $94 million during the same quarter a year earlier...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8ZC4c2HXQus:LB-3xiEerfM:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8ZC4c2HXQus:LB-3xiEerfM:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=8ZC4c2HXQus:LB-3xiEerfM:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8ZC4c2HXQus:LB-3xiEerfM:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=8ZC4c2HXQus:LB-3xiEerfM:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=8ZC4c2HXQus:LB-3xiEerfM:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Belden sees Q4 profit fall 53%<img src='http://assets.bizjournals.com/stlouis/news/JohnStroup-mug-new-promo*100.jpg?v=1'>Cable manufacturer Belden Inc. said today its profit decreased 53 percent to $26.5 million in the fourth quarter, from $56.4 million in the fourth quarter of 2010, when it saw a $44.8 million after-tax gain on its sale of Trapeze Networks.
The company?s revenue for the quarter ended Dec. 31 increased 9.2 percent to $464.4 million, compared with $425.2 million a year earlier, the Clayton-based company said.
?In response to an uncertain economic environment, volatile commodity prices and shorter lead-times, our customers and channel partners aggressively reduced inventory levels,? Chief Executive John Stroup stated in the company?s earnings release...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nwcUSSvvvEs:nbn8Wnvr4wE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nwcUSSvvvEs:nbn8Wnvr4wE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=nwcUSSvvvEs:nbn8Wnvr4wE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nwcUSSvvvEs:nbn8Wnvr4wE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=nwcUSSvvvEs:nbn8Wnvr4wE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=nwcUSSvvvEs:nbn8Wnvr4wE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Looking for good news on the economy? Skip this?Cautiously optimistic? is probably the phrase that summarizes the views of an accountant, an economist and a banker who discussed the economic outlook at a breakfast panel today at the Ritz-Carlton in Clayton.
But, to this listener at least, the concrete reasons for optimism were few and far between.
First, the panel: Jim Castellano, chairman of the RubinBrown accounting firm in St. Louis; Chris Slusher, managing director of the Capital Markets Group at The PrivateBank in Chicago; and Jim Miller, senior adviser in Husch Blackwell?s Washington, D...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=eUi5ySxxrmw:UgnI1j-d91M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=eUi5ySxxrmw:UgnI1j-d91M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=eUi5ySxxrmw:UgnI1j-d91M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=eUi5ySxxrmw:UgnI1j-d91M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=eUi5ySxxrmw:UgnI1j-d91M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=eUi5ySxxrmw:UgnI1j-d91M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Cataldo steps down at CPI; James Abel named interim CEO<img src='http://assets.bizjournals.com/stlouis/Cataldo,Renatopromo1*100.jpg?v=1'>CPI Corp. announced today that President and Chief Executive Renato Cataldo is leaving the company to pursue other opportunities.
CPI?s board of directors named James ?Jim? Abel as the interim president and chief executive. Abel, 65, has been an independent director at CPI since 2004. He retired in 2007 as executive vice president, secretary, treasurer and chief financial officer of The Lamson & Sessions Co., a manufacturer and distributor of electrical, consumer, telecommunications and engineered sewer products...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=DDb6__z8lnA:lF69sLvQjlk:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=DDb6__z8lnA:lF69sLvQjlk:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=DDb6__z8lnA:lF69sLvQjlk:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=DDb6__z8lnA:lF69sLvQjlk:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=DDb6__z8lnA:lF69sLvQjlk:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=DDb6__z8lnA:lF69sLvQjlk:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
</div>Furniture Brands Q4 loss narrows<img src='http://assets.bizjournals.com/stlouis/Scozzafava,Ralphpromo*100.jpg?v=1'>Furniture Brands International reported a fourth-quarter loss of nearly $9.5 million, narrower than the $44.7 million loss the company had reported in the prior-year's quarter due to lower expenses related to restructuring activities, compensation, benefits and other costs.
For the quarter ended Dec. 31, the St. Louis-based company's sales fell nearly 7.5 percent to $255.5 million compared with $276.1 million in the fourth quarter of 2010.
For full-year 2011, Furniture Brands loss grew to nearly $43...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=w60G-yuhqAA:_wh7ETlM1h4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=w60G-yuhqAA:_wh7ETlM1h4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=w60G-yuhqAA:_wh7ETlM1h4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=w60G-yuhqAA:_wh7ETlM1h4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?i=w60G-yuhqAA:_wh7ETlM1h4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_stlouis?a=w60G-yuhqAA:_wh7ETlM1h4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_stlouis?d=qj6IDK7rITs" border="0"></img></a>
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to make a living helping people. Keep notes of all your feedback so that you have something to go back on especially the feel good stories to review when maybe things aren't going as well as expected. Keep your focus on marketing yourself. We are always going to have to do things that we really don't want to do. But spend as much time as you can with getting new clients. When you come across a situation where you don't feel that the client you are working with is compatible with you refer him or he to another coach who is better suited for the job. Also, try to surround you with an excellent team. You shouldn't feel like you should be doing everything yourself. Divide the chores among your strengths. Keep a positive outlook that you will succeed. Sometimes you may not always succeed but if you keep a positive outlook for the most part you will. When at times you are going through a slow time or down time use that situation to get caught up in other things you need to do like following through with marketing, client recruitment and product development. Michael Gultz has 10 years of experience working with small business owners who are looking for strategies for success as a www.sicoaching.com/ >Small Business Coaching advisor.
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Food safety firm Locus Traxx adding 110 jobs in Jupiter
Locus Traxx plans to add 110 jobs as it opens a food safety and security facility near Jupiter, according to an announcement from the Business Development Board of Palm Beach County and the Workforce Alliance.
The company will expand with a 60,000-square-foot lease in Florida Research Park, where it will report on the temperature, security and location of food shipments as they are in transit. Locus Traxx plans to boost its workforce from 50 to 160 by the end of the year.
?We are so pleased to have assisted another technology and innovation company in growing jobs in Palm Beach County,? BDB President and CEO Kelly Smallridge said in a news release...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=0VGreQPTV7k:Io85pPAD0CA:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=0VGreQPTV7k:Io85pPAD0CA:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=0VGreQPTV7k:Io85pPAD0CA:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a>
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Regulators approve 1st United acquisition of Palm Harbor bank
Both federal and state regulators have approved Boca Raton-based 1st United Bancorp?s application to purchase Palm Harbor-based Anderen Financial.
The $37 million deal was announced in October. In a news release on Wednesday, 1st United (NASDAQ: FUBC) said it expects to complete the acquisition early in the second quarter.
After earning $3.7 million in 2011, 1st United finished the year with $1.42 billion in assets. Anderen Financial?s Anderen Bank subsidiary held $207 million in assets at year-end...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=MTFuiR9wcUE:zQMe3FZ6-AE:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?i=MTFuiR9wcUE:zQMe3FZ6-AE:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_southflorida?a=MTFuiR9wcUE:zQMe3FZ6-AE:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_southflorida?d=qj6IDK7rITs" border="0"></img></a>
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Massive mortgage settlement has winners and losers
<img src='http://assets.bizjournals.com/southflorida/print-edition/Roy-Oppenheim*100.jpg?v=1'>The $25 billion federal/state settlement with the nation?s largest mortgage servicers has created some winners and loser among borrowers, especially in South Florida.
The deal is supposed to allow for financial relief to homeowners who are underwater ? owing more on their mortgages than the value of their homes. According to CoreLogic, about half of the mortgages in South Florida are underwater. However, it seems unlikely that everyone will qualify for relief, said Boca Raton attorney Marlyn Wiener, who represents borrowers in loan modifications and short sales...<div class="feedflare">
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Related Group plans new Hallandale Beach condo development
<img src='http://assets.bizjournals.com/southflorida/news/SFBJ%20Jorge%20Perez%20315*100.jpg?v=1'>The Related Group is planning a new condo development in Hallandale Beach that would also include a hotel. The 31-story Beachwalk tower would have 84 residences and 432 hotel rooms.
The proposed project would be located on the Intracoastal Waterway, at the western end of the Hallandale Beach Boulevard Causeway, according to Condo Vultures.
Related is already selling units for its 49-unit, oceanfront project Apogee Beach in Hallandale Beach. It broke ground on the project in December.
Beachwalk is the 22nd project to be proposed east of Interstate 95 in South Florida...<div class="feedflare">
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Direct Title president charged with fraud
The president of an Oakland Park title company was charged with wire fraud for her participation in a mortgage fraud scheme where Bank of America provided one of the mortgages.
Michelle Austin-Wilks, 38, of Parkland, was charged with wire fraud. She faces up to 30 years in prison.
According to the criminal complaint, Austin-Wilks was president and director at Direct Title & Escrow Services. According to a news release, she and others allegedly profited by fraudulently buying and selling residential real estate property in Broward County through straw buyers...<div class="feedflare">
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Equality Florida backs Competitive Workforce Act
Equality Florida's top priority in the current legislative session is passage of the Florida Competitive Workforce Act, which would add sexual orientation and gender expression as protected in employment, housing and public accommodations, the group's deputy director said at a Miami event on Thursday.
Stratton Pollitzer, deputy director of Equality Florida, talked about his group's efforts during the Miami-Dade Gay and Lesbian Chamber of Commerce's State of our Community Luncheon.
While Miami-Dade County and many others Florida locations offer anti-discrimination protection for gays, lesbians, bisexuals and transgendered people, some areas of the state don't, he said...<div class="feedflare">
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Miccosukees fight IRS summons of Lehtinen
The Miccosukee Tribe of Indians of Florida is trying to prevent the federal government from using a summons to obtain documents and correspondence from its former attorney, Dexter Lehtinen.
The tribe sued Lehtinen, a former U.S. attorney, in December for alleged malpractice in failing to properly advise it regarding obligations by tribe members to pay federal taxes on income that may have been derived from gambling operations. Lehtinen denies the allegations.
On Feb. 8, the tribe filed a motion to stop the summons from Internal Revenue Service attorneys...<div class="feedflare">
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Florida to get $8.4B from national mortgage settlement
<img src='http://assets.bizjournals.com/southflorida/news/SFBJ%20Pam%20Bondi*100.jpg?v=1'>The proposed mortgage settlement between 49 state attorneys general and the nation?s largest loan servicers could net $8.4 billion in relief to Florida homeowners, Florida Attorney General Pam Bondi announced on Thursday.
The joint federal-state investigation resulted in a proposed $25 billion settlement over the mortgage practices of large banks and loan servicers, including robo-signing, where lenders were alleged to have filed foreclosure lawsuits without verifying the accuracy of the documentation...<div class="feedflare">
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Regulators block five South Florida assisted living/home health providers
Florida regulators said they revoked or surrendered the licenses of five assisted living and home health companies in South Florida in January.
The Agency for Health Care Administration said these providers are no longer eligible to participate in Medicaid and Medicare. They could attempt to stay in business with private pay, but most assisted living and home health facilities depend on these government programs.
Following are the companies AHCA took action against:
Lauderhill-based Shalom Manor, a 35-bed assisted living facility, had its license revoked and was fined $40,000...<div class="feedflare">
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University of Miami spends most on athletics in South Florida
The University of Miami spends more on athletics than any other South Florida university, according to a new database that analyzes Equality in Athletics data from the U.S. Department of Education.
The UM athletic department ranked 43rd out of 340 athletic departments nationwide, spending $57.6 million on Hurricane sports during the 2010-2011 season. Of the total, $24.4 million was for football expenses and $5 million was for basketball expenses. Other South Florida schools trailed far behind UM...<div class="feedflare">
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Slide show: Shakeup among top bank brands
<img src='http://assets.bizjournals.com/dayton/news/25_topusbankbrands2012*100.jpg?v=1'>There was a big shakeup at the top of the banking brand rankings released this past week, which included many of the largest banking companies operating in Arizona.
Wells Fargo & Co. jumped ahead of Bank of America for the second spot on Brand Finance's Banking 500, a list of the best global banking brands in 2012, which was released Feb. 1.
Bank of America (NYSE: BAC) is the No. 3 banking company in the Phoenix area in terms of local deposits, and employs more than 10,000 people in Maricopa County...<div class="feedflare">
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Arizona gas prices hit January record, expected to move higher
<img src='http://assets.bizjournals.com/atlanta/news/2011/01/10/gasolinepump*100.jpg?v=3'>Arizona had record-high January fuel prices, and that trend is continuing into February, according to the American Auto Association.
The January average was $3.311 per gallon, an increase of 12 percent from the January 2011 average of $2.960.
The state?s average for February 2011 was $3.148. So far this month, the average price is almost 9 percent higher: $3.415.
In the past seven weeks, the national average fuel price has climbed 3.3 cents to $3.488 per gallon. In Arizona, the price has increased 2...<div class="feedflare">
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LVM Systems expanding in Mesa
LVM Systems Inc., a provider of call center software for the health care industry, is nearly doubling its space.
Construction started last week on a 7,000-square-foot structure just north of its existing 10,000-square-foot headquarters in Mesa. Construction costs are estimated at about $1 million, said company spokesman Lorenzo Sierra, adding the project will be financed through a combination of cash on hand and a bank loan.
The new building will accommodate up to 40 employees, he said.
The company employs 61 people nationwide, including 51 at its headquarters...<div class="feedflare">
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National Laser Institute to hire 40 in Scottsdale, expand nationally
<img src='http://assets.bizjournals.com/phoenix/news/Louis_Silberman*100.jpg?v=1'>The National Laser Institute, a medical aesthetics training facility and spa in Scottsdale, is planning to hire 40 people locally and expand nationally.
The school employs 100 people, and owner Louis Silberman said he?s looking to hire 40 new employees in a variety of positions during the next 12 months. Positions include 10 more instructors with experience in procedures like laser hair removal and Botox injections. The other 30 positions include marketing, admissions and spa support jobs.
To accommodate its new staff the institute plans to add 5,000 square feet to its administration building in Scottsdale near Bell Road and the Loop 101...<div class="feedflare">
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The Marketing Coach: Lead generation, not sleaze generation
If you ever need a good laugh, just take a look at the marketing pitches of scheisters in the real estate, insurance and other lead-generation industries. One group, ?Mike and Carl,? explain that if you only follow their method of creating marketing videos, you will never have to network again. Thus, sayeth Mike and Carl, you?ll get to spend more time with your family.
If only that were so.
The reality is that most businesses need a combination of marketing, networking and lead generation to bring in the customers...<div class="feedflare">
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Flexible electronics, displays heading in consumer directions
Those interested in flexible display and electronics technology saw glimpses of the future this week at a national conference in Phoenix, and that future is trending more toward consumers.
The Flexible Electronics and Displays Conference and Exhibition, developed by the FlexTech Alliance, came to Phoenix this week to show off the latest in digital screens that can bend and move.
Malcolm Thompson, chief technologist at the FlexTech Alliance, said as the technology has evolved, so have the applications...<div class="feedflare">
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Gabby Giffords, Mark Kelly back former aide for U.S. House seat
<img src='http://assets.bizjournals.com/phoenix/morning_call/gabrielle-giffords_214x320*100.jpg?v=1'>Ron Barber, a former aide to Gabrielle Giffords during her tenure in Congress, is running for her Arizona congressional seat.
Barber has backing from Giffords and her husband, former NASA astronaut Mark Kelly.
Giffords resigned last month as she continues to recover from being shot through the head and brain during a shooting rampage in Tucson in January of last year.
The special primary and general election are being held to finish Giffords? term.
Barber is a former district director for Giffords...<div class="feedflare">
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Arizona reaps $1.6 billion from national mortgage settlement
<img src='http://assets.bizjournals.com/phoenix/print-edition/page20_Horne_Tom.jpg?v=1'>Arizona officials unveiled an agreement Thursday worth as much as $1.6 billion locally as part of the national mortgage settlement against five banks over mortgage abuse and fraud.
Arizona Attorney General Tom Horne had vowed the state would not join the national settlement unless it could resolve its separate lawsuit against Bank of America Corp.
The Arizona agreement, officially reached at 11 p.m. Wednesday night, will require Bank of America to pay $10 million to the Arizona Attorney General...<div class="feedflare">
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Archway Holdings buys medical office buildings for $14.5M
Archway Holdings Corp. of Beverly Hills, Calif. purchased three medical office buildings in the Phoenix metro area for a combined $14.5 million.
In the first deal, Archway purchased the 101 Medical Office Center at 9250 W. Thomas Road for $8.6 million. The seller was the original developer, McShane Corp. of Chicago. Archway paid cash and renamed the 80,815-square-foot property Estrella Health Center. It was built in 2009.
In the second deal, Archway purchased a note secured by two properties for $5...<div class="feedflare">
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Tempe apartments sell for $45 million to Seattle company
<img src='http://assets.bizjournals.com/phoenix/print-edition/San%20Portella%20Apt*100.jpg?v=1'>Pillar Communities in Seattle purchased the San Portella apartments in Tempe for $45.1 million, or $146,428 per unit.
The complex located at 2155 S. 55th St. was built in 2008 by a joint venture involving Mark-Taylor Inc. of Scottsdale and Principal Real Estate Investors of Des Moines, Iowa.
The legal selling entity was Apartments at Fountainhead LLC. The legal purchasing entity was PrivatePortfolio Group LLC.
Tyler Anderson, Sean Cunningham and Asher Gunter of CBRE in Phoenix represented the seller...<div class="feedflare">
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