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Showing posts with label Genesee And Wyoming. Show all posts
Showing posts with label Genesee And Wyoming. Show all posts

Tuesday, November 4, 2008

11/04/08 The Raw Greenwich Business News Feed


More than just a hobby
Seacoast Online
... dolls and antique collectors items with price tags of up to $1,000. Diane Drake, owner of Diane's Doll Shoppe in Greenwich, Conn., said her highest priced dolls sell for around $2,500 and many antique doll collectors will pay more than $10,000 for a ...


Weaver Leather sells majority interest to private firm
The-Daily-Record.com
Weaver Leather has sold a majority interest to Capital Partners, a small Greenwich, Conn., private equity firm, to "ensure the long-term stability of the company," officials said in a release.


High-end U.S. markets show cracks in the foundation
The Real Deal
... $360,000, and in Beverly Hills, the median home price has plunged to $930,000 from $1.8 million the year before. Greenwich, Conn., with its manicured green lawns and pristine beaches, may have seemed immune to the real estate slump, but median ...


Multiple Myeloma Research Foundation's (MMRF) Annual Gala Raises More ...
Earth Times
NORWALK, Conn. - The Multiple Myeloma Research Foundation raised over $1.5 million at its 12th annual "Friends for Life" Fall Gala held on November 1, 2008 in Greenwich, Conn.


Boeing jet production will be slow to restart
Seattle Post-Intelligencer
... in 2009, which had been the plan. In a report Monday, Peter Arment of American Technology Research, based in Greenwich, Conn., said the strike and other factors probably have delayed first flight to at least February or March, with deliveries ...


Genesee & Wyoming Q3 results top projections
Brotherhood of Locomotive Engineers and Trainmen
... er, coal, coke and ores, metals, farm and food products, minerals and stone, and petroleum products. Shares of the Greenwich, Connecticut-based company closed at $33.35 Friday on the New York Stock Exchange.


Rivals snatch AIG staff as uncertainty lingers
Business Insurance
... teams of AIG executives have moved to other insurers. For example, W.R. Berkley Corp. has picked up two teams. The Greenwich, Conn.-based insurer created a worldwide property unit for energy risks and named former AIG executive Frank Costa as its ...


Emerging markets face financing crunch
Globeinvestor.com
... the face of a continued refinancing freeze," Alan Ruskin, chief international strategist at RBS Global Banking in Greenwich, Connecticut, wrote clients. "Nowhere is this more acute than the foreign currency financing in the emerging world, where ...


Monday, April 14, 2008

04/14/08 - The Raw Greenwich News Feed For Monday


Let's Take A Look At What's Going On In And Around Greenwich

The Raw Feed


  1. March retail sales unexpectedly rise 0.2 pct

    Reuters

    ... we're in, but it gives you a little bit of hope," said Steve Goldman, a market strategist for Weeden & Co in Greenwich, Connecticut. Food and beverage store sales rose 0.4 percent, reflecting price rises for commodities. Excluding automobiles, ...

  2. Genesee & Wyoming Inc. Reports Traffic for March 2008 and the First Quarter of 2008

    PR Newswire

    GREENWICH, Conn., FirstCall/ -- Genesee & Wyoming Inc. today reported traffic volumes for March 2008 and the first quarter of 2008.

  3. A feature with speaking creatures benefits the environment

    Journal News

    ... like Madrone, the lead buck played by Johnny Ferro. The 21-year-old White Plains High School grad lives in Greenwich, Conn. 'Madrone is kind of arrogant but wants what's best for the herd,' Ferro said. ''I had taken theater class but never wanted ...

    Related Topix: New York Metro, Suffern, NY, Arts, Theater

  4. Books for Grownups: January 2008

    Publishers' Weekly

    ... in this mystery about a Manhattan bookshop clerk who inherits a fortune from her late father and moves to Greenwich, Conn., where she falls in with a group of smart, bored housewives who gossip, drink too much and sleep around with each other's ...

  5. Man Who Conceived NRA Invents Locking Bottle Top

    Modern Mechanix

    A BOTTLE stopper which can be locked into the neck of the container is the newest creation of Frank E. Vanderhoof, Greenwich, Connecticut, inventor and father of the NRA.


  6. A Trail Of Death And Gruesome Injuries

    The Hartford Courant

    Glenn O'Loughlin will spend the rest of his life taking things slowly. A surgical error made 13 years ago by Dr.

  7. Dollar's Decline May Slow After G-7 Officials Raise Concern About Its Drop

    Bloomberg.com - Asia

    ... attached to the comments about fluctuation,'' said Alan Ruskin , head of international currency strategy at RBS Greenwich Capital Markets in Greenwich, Connecticut. ``Yet, its one thing making bold statements but that's still a long way away from ...

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Please send comments and your news stories to GreenwichRoundup@gmail.com

Albert Camus : By definition, a government has no conscience. Sometimes it has a policy, but nothing more.

Monday, January 14, 2008

01/14/07 - Greenwich Business News Wire

Greenwich Business News Briefs

Genesee & Wyoming Inc. Reports Traffic for December 2007 and the ...
CNNMoney.com - USA
GREENWICH, Conn., Jan. 14, 2008 /PRNewswire-FirstCall/ -- Genesee & Wyoming Inc. (GWI) today reported traffic volumes for December 2007 and the fourth ...

Program appoints new director, sets launch for Jan. 26
Greenwich Post - Greenwich,CT,USA
At Home in Greenwich, a nonprofit organization founded to enable Greenwich residents to live their lives to the fullest in their own homes as they grow ...


Clich Here For The Greenwich Roundup Homepage .

Wednesday, January 2, 2008

01/02/07 - The Raw Greenwich News Feed

To Get The Greenwich Latest News Please Click Here To Go To The Greenwich Roundup Homepage.




Boy, 12, reels in 551-pound bull shark
The Charlotte Observer
... dock record and it took the young man almost an hour to pull in the shark. Medley, who goes to boarding school in Greenwich, Conn., said he hopes to mount the shark and take it back to school with him, according to the Palm Beach Post. ...


Man charged with defrauding Argos players faces more unrelated charges
The Canadian Press
- A man facing charges for allegedly defrauding four Toronto Argonauts players and head coach Michael (Pinball) Clemons is now facing additional fraud charges. Walter Garrick, 37, of Oakville, Ont., faces 16 charges of theft and fraud in Toronto in relation to the Argos case. He was charged in November by Halton regional police with five counts of fraud over $5,000 and one count of fraud under $5,000 for another alleged scam. Police allege Garrick convinced people to invest with him after he told them he was an Ivy League-educated doctor who owned Google stock and the Mississauga IceDogs junior hockey team. Toronto police have now charged Garrick with attempted fraud over $5,000 and two counts of not complying with bail conditions. He allegedly attempted to defraud a real estate office in Greenwich, Conn., through the purchase of a house there.


Construction spending nationwide rises 0.1%
Providence Business News
... were signs of a deepening retrenchment in outlays for single-family homes," Omair Sharif, an economist at RBS Greenwich Capital in Greenwich, Conn., told Bloomberg News. "Builders will likely continue to scale back on groundbreaking activity in the ...


Ketchum, Tittman Earn Weekly Honors from ECAC Hockey
CSTV.com
A pair of Bulldogs earned honors from ECAC Hockey on Monday, as freshman forward Bray Ketchum (Greenwich, Conn.) was named Rookie of the Week and junior forward Sarah Tittman (Chilton, Wisc.) was named Player of the Week. This is the third Rookie of ...

County Fair: AP Apathy
Fairfield Weekly
... directly connected to the county: the appeal of Kennedy family cousin Michael Skakel, denying his part in a 1975 Greenwich murder. The others--Woodbury state senator Louis "Fredo Corleone" DeLuca's mob ties scandal, the exoneration of an East Haven ...

Genesee & Wyoming completes Md. Midland Railway deal
Wednesday Baltimore Sun
... of Maryland Midland, a 70-mile short-line railroad that primarily serves Lehigh Cement Co. in Carroll County. Greenwich, Conn.-based Genesee & Wyoming Inc. is an operator of almost 50 short-line and regional freight railroads worldwide. Maryland ...


Suzanne Radford-Stagg
Peshtigo Times Wisconsin Community Newspaper
... then married Bruce Radford and he died in 1998. She married Russell Stagg in March, 2002 and the couple lived in Greenwich, Conn. and Channahon, Ill. before moving to Airdrie, Alberta, Canada in 2005. She worked as a dress maker, jeweler and most ...


Losing Winter
E-The Environmental Magazine
By Jim Motavalli
Marshall Heaven of Greenwich, Connecticut got tired of waiting for the snow to fall, so he bought two Backyard Blizzard snowmakers and can now promise 15-foot drifts as early as late ...


Market memos
The Capital Times
... have changed hands since Nov. 23. The majority shareholder is Tontine Capital Partners, an investment firm in Greenwich, Conn. BRIEFLY As previously announced, Madison-based TomoTherapy Inc. today changed its ticker symbol to "TOMO." Milwaukee-based ...

Short Order
Wednesday Fairfield Weekly
... juice. Sipping one recently at the very crowded bar of the Ginger Man (sister of the gastropub of the same name in Greenwich) on a weekend night, it was obvious that quite a few of the folks in the post-college crowd were also fans of it. India ...


Breeden Capital Increases Stake in Zale Corp.
NYSSCPA.org
... according to a filing with the Securities and Exchange Commission Wednesday, The Associated Press reported. The Greenwich, Conn.-based investment fund reported owning 5.9 million shares, or a 13.3 percent stake in the jewelry store operator. In ...

Survey: Credit mess won't affect hiring
InvestmentNews
Financial service firms are planning to slightly increase overall hiring levels in 2008, according to a survey by Claymore Partners LLC, an executive search firm headquartered in Greenwich, Conn.

The Masculine Mystique
Fairfield Weekly
... have a massive fan base we can offend." Lima Charlie, whose four members live in Brooklyn, Stamford, Norwalk and Greenwich, formed in 2004. They play in New York City but consider Jimmy's Seaside in Stamford their ideal venue. "In New York, you're ...

Boaters: Launch ramp is a hazard
Norwalk Advocate
... to the back of their cars and back down the ramp at Grass Island's public marina to launch their vessels into Greenwich Harbor. Town officials this month paid about $165,000 to replace an old, damaged concrete ramp with a new one. But instead of a ...

Neenah Enterprises to go public
WisInfo
... have changed hands since Nov. 23. The majority shareholder is Tontine Capital Partners, an investment firm in Greenwich, Conn. In March, the company announced it would invest more than $50 million to construct a state-of-the-art molding line at ...

Friday, August 31, 2007

12/14/06 - Archive - News Reports

Equity fund majority owner of S. Walter Packaging

Source: Philadelphia Business Journal

A private equity fund said Thursday that it has bought a majority ownership in a Philadelphia packaging company.
S. Walter Packaging Corp.'s headquarters will stay in Philadelphia, new owner Brynwood Partners V LP said. Information on how many employees work in the city and whether that number will change was not immediately available. The terms of the sale were not disclosed.
Founded in 1904, S. Walter designs and makes various styles of packaging, bags, boxes and other supplies for retailers. It has plants in Philadelphia and Ontario, Canada, and an outlet store at 2900 Grant Ave. in Philadelphia.
Brynwood said another packaging company it owns, Uniflex Holdings of Westbury, N.Y., will be merged with S. Walter and S. Walter President Andrew Wilson will be chairman and CEO of the combined company.

Based in Greenwich, Conn., Brynwood invests in lower middle market companies with a focus on light industrial manufacturing, consumer products, specialty retailing and business


Eighty-Six Percent of Buy-Side Traders Say They Add More Value Now Than Three Years Ago

Source: Earth Times

Liquidnet and Greenwich Associates Release Results of Global Study on Key Issues in Equity Trading.

Six out of seven buy-side traders from the world's major market centersagree that they add more value now than they did three years ago. This andother findings were released today by Liquidnet and Greenwich Associates as aresult of their joint study called "Buy-side Voice: The Road Ahead." Onehundred buy-side traders from the US, Canada, Europe and Asia responded,making this study the first of its kind.

"As our study confirms, the role of the buy-side trader has becomeincreasingly influential across the globe. Liquidnet and Greenwich Associates initiated this study because we felt it was important to understand thebuy-side's view on a global level," said Seth Merrin, CEO of Liquidnet. "Ourstudy uncovered some significant geographic differences in opinion aroundissues like exchange consolidation and electronic trading adoption."

Greenwich Associates consultant John Feng adds: "The advent of anincreasingly sophisticated array of trading tools, combined with a growingfocus on best execution, is making the buy-side traders' job morechallenging, fulfilling -- and essential."

Select "Buy-side Voice" Study Results

US leads in electronic trading adoption with penetration at 96 percent;Canada and Asia lag
-
Forty-four percent of all respondents said they have three or more electronic trading systems on their desk.............


Clubs

Source: Greenwich Time

... p.m.; The Grapes, Saturday, 8 p.m.; blues jam hosted by Jason Jones and the Stateline Blues Band, Wednesdays. GREENWICH Beach House Cafe, 220 Sound Beach Ave. (637-0367): The Last Minute, Thursday, Timmy Lovelace and the Reflex Band, Friday; ...


Initial Unemployment Claims in U.S. Decline More Than Estimated to 304,000

By: Bob Willis
Source: Bloomberg

Fewer U.S. workers filed first-time applications for state unemployment benefits for a second consecutive week, a sign that demand for labor is holding up.

Initial jobless claims fell 20,000 to 304,000 in the week that ended Dec. 9 from 324,000 the prior week, the Labor Department said in Washington. The four-week moving average, a less volatile measure, fell to 327,250 from

While job growth is slowing as the economy weakens, companies are still reluctant to let workers go with unemployment near a five-year low. Claims have been distorted the last three weeks by seasonal adjustments that cause wide fluctuations in weekly figures at this time of year, according to a Labor Department spokesman.

``These data tend to get volatile during this time of the year, and we are inclined to dismiss any big moves in either direction,'' said Stephen Stanley, chief economist at RBS Greenwich Capital in Greenwich, Connecticut. ``Our sense is that the labor market is stable.'' ........


Getting tables all dressed for the holidays

Source: The Journal News

... Colin Cowie also finds essential and not hard to achieve. The Zambian-born style maven uses a long table in his Greenwich, Conn., loft for holiday meals and says he likes to switch things around to make his arrangements look new. "If you want to ...


Redistricting talk sparks worries

By: Hoa Nguyen
Source: Norwalk Advocate

Eileen Tang walked into Parkway School to attend a PTA meeting yesterday to find other parents buzzing over the prospect of their school closing.

Earlier that morning, she, like many other parents, had read in the newspaper that First Selectman Jim Lash was calling on education officials to save the town money by addressing declining student enrollment and deciding which elementary schools they should close and when.

'We all were thinking, 'Oh no, what do we do?' ' Tang said.

Redistricting raises fear in the mind of parents and administrators who worry about the consequences of closing schools and forcing students to attend a different one that might be farther away.

'It gets thrown out there and it's a scary word to bring up,' Tang said of redistricting.

Student enrollment has been decreasing in recent years and is expected to continue its downward trend next year. About 8,827 children are expected to attend school next fall. That is about 127 fewer children than this year.

Lash has said that in order to capitalize on the smaller student population, save the town money and solve the problem of racial imbalance in some of its schools, officials should close at least one elementary school and redistribute those students to other schools in the district.

For Tang and other parents at Parkway, the threat might be closer at hand because the school already is at just 64 percent capacity. By 2008-09, decreased capacity is projected to trigger a district policy that says officials should consider closing the school.

'It's much more than a school for us,' Tang said of Parkway, adding that nearly all her friends are those she met through the school, including during the weekends when the backcountry parents congregate on the playgrounds with their children. 'We'd lose that. We would not really have any social connection back here. It would be really hard.'

Though parents were sad at the prospect of the school closing, Tang said, they also had to remind themselves that redistricting was a concept that only Lash was talking about and pursuing at this point. He made the remarks during a United Way of Greenwich legislative forum Tuesday.

Parking should not be sacrificed for park in Byram

Source: Greenwich Time

To the editor: Regarding 'Park plan caught in traffic jam,' (Greenwich Time news story, Nov. 18), the area proposed for the pocket park is not a 'town-owned parking lot,' as stated. It is the western-most point of Church Street West, containing 10 ...


A sense of urgency regarding enrollment

Source: Norwalk Advocate

Declining enrollment in the Greenwich Public Schools is not a new phenomenon: The total number of students has been down for years, and is projected to decline for another 10 at least.


On the job

By: Lisa Chamoff
Source: Greenwich Time

When Paula Grande was laid off four years ago by a local medical equipment company, the Stamford resident in her 60s struggled to find work.

Grande, originally from El Salvador, tried temping for a few years, but said some employers found her accent to be a barrier.

Eventually, she sought the help of Jewish Family Service and a federal program run by the Stamford-based organization. Now that she has a permanent job at the CTWorks Career Center in Stamford, she helps people whose experiences echo her own.

'I don't want people to go through what I did,' said Grande, whose work involves helping job seekers with resumes and cover letters and signing them up for workshops. 'I help them a lot, no matter who they are. I enjoy it because I'm trying to make it easy for them.'

Though life after 55 is a time for retirement for some people, it becomes a time to search for work for some older residents with limited incomes.

It's not always easy.

The Senior Community Service Employment Program, a federal program, is run locally by Jewish Family Service and helps low-income, lower Fairfield County residents 55 and older transition into the work force by setting them up in part-time positions with local government agencies and nonprofit organizations. The program runs from Greenwich to Stratford.

The participants get on-the-job training and supervision, while generally working about 20 hours each week and making minimum wage. While on the assignment, participants are expected to look for permanent employment..........

Reps seek boost in clean-water funding

By: Martin B. Cassidy
Source: Norwalk Advocate

State legislators said yesterday they would push to restore tens of millions of dollars in budget cuts that have jeopardized efforts to lower nitrogen levels in Long Island Sound and set back projects to protect marine life and Connecticut waterways.

It could take hundreds of millions in state funds over several years to catch up with the state's goals to reduce hypoxia, or low oxygen levels in the Sound caused by nitrogen discharges from sewage plants that threaten fish and other wildlife, said state Sen. William Nickerson, R-Greenwich, a member of the legislature's finance committee and state Bond Commission.

Nickerson said that over the past several years, the legislature has cut about $80 million in funding for the state's Clean Water Fund, stalling a 1998 initiative to provide low-interest loans to towns for sewage-plant upgrades to reduce nitrogen discharges into the Sound.

The Audubon Society is among the groups pushing legislators to provide $300 million over the next two years for sewage-plant improvements to address the problem.

In 1998, Connecticut, along with New York and the federal Environmental Protection Agency, aimed to reduce nitrogen levels in Long Island Sound by 58 percent by 2014.

Consumer sales up at yule

Source: Newsday.com

... housing and manufacturing would steal the economy's holiday joy,' said Stephen Stanley, chief economist at RBS Greenwich Capital in Greenwich, Connecticut. 'Feels like the fourth quarter may not be so weak after all, even with the twin drags of ...


Genesee & Wyoming Inc. Reports Traffic for November 2006

Source: PR Newswire

Genesee &Wyoming Inc. (GWI) (NYSE: GWR) today reported November 2006 traffic volumesfor its North American and Australian operations.

GWI's traffic in November 2006 was 68,048 carloads, an increase of1,652 carloads, or 2.5 percent, compared with November 2005. GWI'S trafficin the fourth quarter of 2006 through November was 143,157 carloads, anincrease of 7,620 carloads, or 5.6 percent, compared with the fourthquarter of 2005 through November.

GWI's traffic in November 2006 increased by 1,652 carloads, or 2.5percent, compared with November 2005. Excluding 8,315 total carloads fromGenesee & Wyoming Australia which GWI started operating June 1, 2006, andfrom the Chattahoochee Bay Railroad which GWI started operating August 26,2006, same-railroad traffic in November 2006 decreased by 6,663 carloads,or 10.0 percent. U.S. and Canada same-railroad traffic decreased by 6,316carloads, or 9.9 percent. The decrease was principally due to a decline incoal coke & ores traffic of 2,337 carloads as a result of plannedmaintenance at a power plant served by GWI's Illinois Region which isexpected to be completed in mid- December. In addition, lumber & forestproducts traffic declined by 1,808 carloads, minerals & stone trafficdeclined by 1,082 carloads and all other U.S. and Canada traffic declinedby a net 1,089 carloads.

GWI's traffic in the fourth quarter of 2006 through November increasedby 7,620 carloads, or 5.6 percent, compared with the fourth quarter of 2005through November. Excluding 17,266 total carloads from Genesee & WyomingAustralia which GWI started operating June 1, 2006, and from theChattahoochee Bay Railroad which GWI started operating August 26, 2006,same-railroad traffic in the fourth quarter of 2006 through Novemberdecreased by 9,646 carloads, or 7.1 percent. U.S. and Canada same-railroadtraffic decreased by a net 8,926 carloads, or 6.8 percent, primarily due todeclines in lumber & forest products traffic, pulp & paper traffic and coalcoke & ores traffic.

In the first quarter of 2006, GWI started to include haulage trafficassociated with the former Rail Management Corp. railroads as part of itsOther commodity carloads; previously these carloads were excluded. GWIstarted operating the Rail Management Corp. railroads in June 2005, andaccordingly 2,780 carloads of haulage traffic have been included in theNovember 2005 carloading information, and 5,503 carloads of haulage traffichave been included in the fourth quarter of 2005 through November.

Historically, the Company has found that carload information may beindicative of freight revenues on its railroads, but may not be indicativeof total revenues, operating expenses, operating income or net income.

Matthew O. Walsh, Vice President - Corporate Development and Treasurer,Genesee & Wyoming Inc., 203-629-3722


Super-mom McWilliam takes world title

Source: The Journal News

... "To me, she's a rock star. Like seriously, a rock star." Ragals met McWilliam after her first triathlon, in Greenwich, Conn., which McWilliam won. Training together helped them both reach their goals. Shelly Wolfson, 38, completed the Hawaii Ironman ...


Store Sales Surge, Smashing Forecasts

Source: New York Post

... housing and manufacturing would steal the economy's holiday joy," said Stephen Stanley, chief economist at RBS Greenwich Capital in Greenwich, Conn. "Feels like the fourth quarter may not be so weak after all, even with the twin drags of autos and ...


Satire: Tuesday Morning Pretentious Douchebaggery

Source: Blogcritics

... shallow heathens.) I'm So Classy, I Say Cognomen Instead of Nicknames: Reader Frank Johnson of Greenwich, CT, writes, 'TMQ, you are so smart. I wish I could be smart like you. But I'm not. I want to hang myself. Anyway, in an attempt ...

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