Company notes
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- Has Computer Associates’ new CEO solved its problems? – November…
- Bulgaria is the next Spain on the overseas property market
Company notes
St. Petersburg Times – Nov 27, 2006
FINANCIALNorthMarq Capital Inc. , One Tampa City Center, Tampa, has arranged first mortgage financing for Tahitian Inn, Tampa, 40,000 square-foot, hotel consisting of 83 rooms, 601 S Dale Mabry Highway, Tampa, $5-million; CRI Hidden River LLC, for the 67,892 square foot building at 8900 Grand Oaks Circle, Tampa, $8. 6-million; and United Self Storage of Bloomingdale LLC, 71,000 square-foot facility consisting of 676 storage units, 1035 Starwood Ave. Valrico, $3-million. HEALTHCARESuncoast Medical Clinic, 601 Seventh St. Petersburg, was the grand prize winner in the innovators in operational excellence at the Cisco Growing with Technology Awards 2006… , 1315 S Howard Ave. , Tampa, announces a lease transaction with Pennco LLC to Fast Fabricators, 26,200 square feet, new lease, industrial space, 1518 SW 12th Ave. W, Suite 560, Tampa, announces these leases: Tampa Memorial Center LLC to Crawford & Co. , 3,507 square feet, class Aoffice space, new lease, One Memorial Center, 4921 Memorial Highway, Tampa; and Eisenham Tampa Limited Partnership to CEMEX, 2,636 square feet, class A office space, Northdale Executive Center, 3820 Northdale Blvd.
Y! My Web
eWeek – Nov 27, 2006
‘ But [the new regulations] will become a model for the way litigation is carried out in federal court-and eventually in state courts. "
For businesses, it means making changes in the technology used to store the information. "We have had to change and upgrade quite a bit of our storage system over the last couple of years," said John Greiner, who handles legal records for New York City. "It’s meant a lot of extra hours for our staff because it means we can’t just save our data on tape or on disk anymore and make sure it’s safe. We have to be able to get pretty granular about how to access it. "
New rules approved by Supreme Court in April
The… Level 2 ($250 per tape) offers a list of specific files on the tapes themselves, whose mailbox they were in, size of the files and what kind of file (text, attachment, photo, etc. Zantaz, like other companies in its space, also offers media restoration services (moving data off tape and onto disk, for example) for $250 to $350 per tape. Among others finding their own niches are Azaleos, which provides an appliance and Web-based service that handles all the archiving and classification of e-mail for Microsoft Exchange Server, and Solix Technologies, which specializes in classifying active or non-active business information and making it available across all IT platforms. In addition, Fortiva offers a complete message archiving and compliance solution of its own.
Has Computer Associates’ new CEO solved its problems? – November…
cnn.com – Nov 27, 2006
When he arrived, the nearly $4 billion-in-revenues company had barely avoided federal indictment for securities fraud and obstruction of justice – Swainson has called it a "near-death experience" – and had negotiated a deferred prosecution agreement, which essentially put the company on probation. Eight former senior executives, including Kumar, would eventually plead guilty to fraud, obstruction of justice or both. Since then Swainson has embarked on an energetic and comprehensive series of reforms – staking out a commitment to ethics, taking concrete steps to transform a sales culture that treated customers as adversaries and making more than a dozen strategic acquisitions. But for CA, shoddy ethics have been replaced by bumbling execution. While revenues and earnings have inched upward, cash flow – the constant that has sustained the company during its darkest moments and persuaded a coterie of investors to remain shockingly loyal to its stock – is sagging… "He admitted everything," recalls Steve Duplessie, founder and analyst at the Enterprise Strategy Group, "and took it all right on the chin. And I’d never seen anyone from CA do anything but flagrantly lie to me before. " Swainson and his team began moving fast. As part of the deferred prosecution agreement, they made employees attend ethics courses (with consequences for their paychecks if they didn’t show up) and created an ethics hotline. Meanwhile, the CEO was soothing customers. He listened to their concerns, renegotiated existing deals with longtime buyers, and reduced prices to win loyalty. Operationally, Swainson was equally busy.
Related: Guru jailed for housing benefit scam
Bulgaria is the next Spain on the overseas property market
Sofia Echo – Nov 27, 2006
Additionally, this year, we expanded our activities within Bulgaria to Borovets, 70 km south of Sofia. In this area we will soon start the construction of our first skiing development Borovets Heights I, consisting of 48 luxury apartments with a design based on traditional Bulgarian mountain architecture. As with all the projects of the company, it offers communal amenities, including an indoor heated pool, cafe, parking, storage, etc. These are facilities all skiers appreciate. In addition to a further four developments in the area of Varna and its provinces, we aim, by the end of 2007, to have our property portfolio including at least ten projects, covering the Varna district (for those who love the sea and the beach), Borovets area (for those who love snow and skiing), and Sofia (for investors, students, big city-lovers).
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