May 24 2012

BATS says business is good, despite IPO failure

Posted by Admin in Business

By Angela Moon

NEW ORLEANS, Louisiana |
Fri May 4, 2012 4:16pm EDT

May 24 2012

Online public meeting plan tagged onto LLC overhaul bill

Posted by Admin in Business

A new term could soon take its place in New Hampshires venerable lawbooks: blogging.

Members of a legislative commission on modernizing business-government relations are pushing for a bill that would allow it to use open blogging in place of some in-person meetings.

May 18 2012

CBIZ Small Business Employment Index Shows Slim Gain for April

Posted by Admin in Business

CLEVELAND, May 04, 2012 (BUSINESS WIRE) –
The CBIZ
Small Business Employment Index (SBEI), a barometer for hiring trends
among companies with 300 or fewer employees, increased by .05 percent
during April, following an increase of 1.66 percent in March. The uptick
reflects the prognosis for sluggish growth in employment and follows a
disappointing report on private sector job growth from ADP.

ADP’s April jobs survey that illustrated that the private sector added
119,000 jobs last month, which was below estimates.

CBIZ Payroll Services manages payroll services for more than 3,000
businesses that employ fewer than 300 people. The survey reflects a
broad array of industries and geographies corresponding to the markets
across the United States where CBIZ provides services. The data
represented by the CBIZ Small Business Employment Index is derived from
a segment of employers not wholly accounted for by the ADP and Federal
BLS employment reports.

Philip Noftsinger, business unit president for CBIZ
Payroll Services, offered, “The April CBIZ SBEI shows no material
gain in employment. However, the data did show an increase of .05
percent for companies processing payrolls in both March and April 2012.
As we look across the economy overall, this result is consistent with
other metrics we are following.”

Additional take-away points from the April data include:


At-a-glance: Of the companies surveyed, the data shows that 22
percent reported an increase in employee headcount while 25 percent
decreased staffing. 53 percent of the companies involved in the survey
maintained their number of employees.


Small business sector: Recent BLS data sets have shown a
deceleration in hiring at all levels and it would appear that small
businesses are matching that trend.


What-to-watch: With so much attention being placed on new
business, the small business owner is finely tuned to capacity needs
related to imminent demand. There is very little hiring in
anticipation of longer range prospective demand.

“What this also translates to is a more strategic hiring
practice. Individuals who lack experience or specific skills may not be
considered for positions, as the employer would have to spend time
training those employees. Small business owners are likely looking for
new associates who can provide immediate productivity in the function
that needs attention,” said Noftsinger.

The small business sector of the economy continues to attract headline
coverage as our leadership and political and economic pundits stress
that the small business owner is the driving force of the
economy. The SBEI is focused on this portion of our economy and is a
critical component to understanding economic trends in this small
private sector.

For a month-by-month illustration of the Small Business Employment
Index, please
click here.

Editor’s note: The United States Department of Labor’s Bureau
of Labor Statistics Employment Situation Summary is due to be released
on Friday, May 4, at 8:30 a.m. Mr. Noftsinger is available for media
interviews to discuss employment trends and other payroll matters
impacting the American business environment today and tomorrow.

About CBIZ,
Inc.

/quotes/zigman/386841/quotes/nls/cbz CBZ
-1.28%


CBIZ, Inc. provides professional business services that help clients
better manage their finances and employees. CBIZ provides its clients
with financial services including accounting, tax and consulting,
internal audit, merger and acquisition advisory and valuation services.
Employee services include employee benefits consulting, property and
casualty insurance, retirement plan consulting, payroll, life insurance,
HR consulting, and executive recruitment. CBIZ also provides outsourced
technology staffing and support services, healthcare consulting, and
medical practice management. As one of the largest benefits specialists
and one of the largest accounting, valuation, and medical practice
management companies in the United States, the Company’s services are
provided through more than 130 Company offices in 37 states.

SOURCE: CBIZ, Inc.

Gregory FCA for CBIZ, Inc.
Jimmy Moock, 610-228-2125
Cell: 610-348-7849
jimmy@gregoryfca.com

Copyright Business Wire 2012

/quotes/zigman/386841/quotes/nls/cbz

Add to portfolio

CBZ

CBIZ Inc

US

: U.S.: NYSE


$
6.18

-0.08
-1.28%

Volume: 234,350
May 17, 2012 4:00p

P/E Ratio10.46
Dividend YieldN/A

Market Cap$312.51 million
Rev. per Employee$146,028

Financial Glossary

Words used in this article:





May 16 2012

MedAssets Holds 12th Annual Healthcare Business Summit to Assist Healthcare …

Posted by Admin in Business

ATLANTA, May 04, 2012 (BUSINESS WIRE) –
Regardless of current performance levels, winning acute-care healthcare
organizations of tomorrow will need to develop more of a retail-inspired
business model to survive the evolving and transformational “ecosystem”
of the United States healthcare market–this was a core message according
to multiple speakers at the 2012 MedAssets

/quotes/zigman/107728/quotes/nls/mdas MDAS
+0.08%



Healthcare
Business Summit, which was held April 10-12, 2012 at the Mandalay
Bay Convention Center in Las Vegas.

“The radical change MedAssets has expected all along has come to
healthcare in direct response to an unsustainable and siloed delivery
system with a widely varying cost infrastructure,” said keynote speaker
John Bardis, chairman, president and chief executive officer, MedAssets.
“Future reimbursement levels will not cover healthcare provider costs
and will force the unprecedented challenge–and opportunity– to reinvent
a more retailed-inspired business model through technology,
entrepreneurial capitalism and consumer health engagement. Cultivating
these competencies will be critical for health systems to capture
additional reimbursements along the continuum of care– and ultimately
survive.”

Speaking to an audience of nearly 4,000 summit attendees, Bardis defined
what he contends are the five capabilities that will be shared by
winning providers of the future:


Rationalized cost and resource consumption


Fee for Value transition


Aligned care delivery


Reinvention through technology


Consumer health engagement

With the backdrop of recession and reform, many analysts predict that a
third of hospitals now in existence in the United States will not cross
the 2020 finish line as winners. Cost structures will continue to rise
due to increasing compliance burdens under healthcare reform. Meanwhile,
reimbursement levels will sharply decline as payors shift to value-based
purchasing that makes claims payment contingent on the provider’s
quality measures.

Insight and Education to Prepare for Radical Change

Attendees of the 2012 Healthcare Business Summit received strategic
education for business model reinvention, along with economic and
healthcare market analysis. More than 70 educational and/or client
case study sessions on today’s “must-address” issues were held,
including; ICD-10, accountable care, population
health, bundled payments and clinical and business intelligence. In
addition, solution
labs were offered to provide hands-on demonstration of existing and
evolving MedAssets technology solutions. A supplier Exhibit
Fair also was held to facilitate invaluable face-to-face networking
opportunities with hundreds of companies serving provider supply chain
needs via the MedAssets client-driven
national contract portfolio. Keynote speakers were John Bardis
chairman, president and chief executive officer, MedAssets and former
Florida Governor, Jeb Bush, who rounded out the program’s U.S. economy
and healthcare market analysis content.

More poignant parts of the agenda reflected the culture and core values
of MedAssets and the sacred healthcare missions of its clients: a
tribute to both returning and fallen U.S. veterans (Bardis is founder of Hire
Heroes USA); attendees assembled and shipped 1,800 individual care
packages to troops overseas; presentation of an humanitarian award to Elissa
Montanti, founder of the Global
Medical Relief Fund (GMRF), and presentation of the 2011 George
Herbert Walker (H.W.) Bush Pacesetter Award to Colonel
George Everette “Bud” Day, a retired U.S. Air Force colonel and
command pilot who served during World War II, the Korean War and Vietnam
War, including five years and seven months as a prisoner of war in North
Vietnam. He often is cited as being the most decorated U.S. service
member since Gen. Douglas MacArthur, having received some seventy
decorations, a majority for actions in combat. Day is a recipient of the
Medal of Honor and the Air Force Cross.

Offering Winning Solutions

“The transformational experience faced by our client base, and every
facet of our country’s healthcare system, demands a world-class
conference focused on delivering practical solutions, in-depth political
and industry analysis along with critical and timely education to assist
them in this transition. That is what the Healthcare Business Summit is
all about,” added Bardis. “Hospitals will have to find new ways to
reduce overhead and uncover new sources of revenue. The good news is
that collectively our nation has the brain power and cultural
capabilities to build new business models that offer greater value to
both society and the patient.”

About MedAssets

MedAssets

/quotes/zigman/107728/quotes/nls/mdas MDAS
+0.08%



partners with healthcare providers to improve
their financial strength by implementing revenue cycle, spend and
clinical resource management solutions that help capture revenue,
control cost, improve margins and cash flow, increase regulatory
compliance, and optimize operational efficiency. MedAssets serves more
than 4,200 hospitals and 100,000 non-acute healthcare providers. The
company currently manages $48 billion in supply spend and touches over
$340 billion in gross patient revenue annually through its revenue cycle
solutions. For more information, go to
www.medassets.com .

MDAS/B

SOURCE: MedAssets

MedAssets
Media Contact:
Robin Wrinn, 678-624-7420
rwrinn@medassets.com
or
Investor Contact:
Robert Borchert, 678-248-8194
rborchert@medassets.com

Copyright Business Wire 2012

/quotes/zigman/107728/quotes/nls/mdas

Add to portfolio

MDAS

MedAssets Inc.

US

: U.S.: Nasdaq


$
12.04

+0.01
+0.08%

Volume: 240,370
May 15, 2012 4:00p

P/E Ratio1,564
Dividend YieldN/A

Market Cap$701.60 million
Rev. per Employee$196,580

/quotes/zigman/107728/quotes/nls/mdas

Add to portfolio

MDAS

MedAssets Inc.

US

: U.S.: Nasdaq


$
12.04

+0.01
+0.08%

Volume: 240,370
May 15, 2012 4:00p

P/E Ratio1,564
Dividend YieldN/A

Market Cap$701.60 million
Rev. per Employee$196,580

Financial Glossary

Words used in this article:





May 14 2012

Best-for-business poll: Ohio 35th, Mich. 46th

Posted by Admin in Business

Ohio and Michigan again rank in the bottom half in a survey of top executives measuring the best states in the United States in which to do business.

This is the eighth year that Chief Executive magazine has polled chief executive officers. In all eight years, Texas has ranked as the best state for businesses and California has been ranked last.

Ohio was ranked 35th in the poll, up from 41st in 2011.

May 14 2012

Business leaders working to keep A’s in Oakland

Posted by Admin in Business

OAKLAND, Calif. — The leaders of some of Oaklands biggest companies are joining forces with city officials to try to keep the Athletics in the city.

Business leaders and city officials gathered at the downtown headquarters of Clorox Co. on Thursday morning, where Clorox chairman and CEO Don Knauss said the company is endorsing efforts to keep the As in Oakland.

Executives from about a dozen Oakland-based companies were also at the gathering, as was Oakland Mayor Jean Quan.

Knauss also said that if the owners of the As are not committed to keeping the team in Oakland, an ownership group has been identified with what he termed the financial wherewithal to buy the team.

But As owner Lew Wolff says in an email to The Associated Press that the team is not for sale, no one has reached out to purchase.

May 08 2012

UNIT4 Business Software a Double Finalist in VIATeC Technology Awards

Posted by Admin in Business

VICTORIA, British Columbia and MANCHESTER, New Hampshire, May 4, 2012 /PRNewswire via COMTEX/ –
UNIT4 Business Software (
http://www.unit4software.com ), developer of Agresso Business World, an Enterprise Resource Planning (ERP) software platform for Businesses Living IN Change (BLINC), has been selected from among a strong field of nominees as a finalist for the Vancouver Island Advanced Technology Centre (VIATeC) 2012 Technology Awards in the “Technology Company of the Year” category. Shelley Zapp, president of UNIT4 Business Software has been selected as a finalist in the equally competitive “Executive of the Year” category.

The Technology Company of the Year award recognizes a Vancouver Island company that has demonstrated excellence in innovation and a commitment to the technology community while embracing sound business fundamentals. Correspondingly, the Executive of the Year award recognizes an individual who has had a significant impact on the success of an organization as a direct result of their leadership.

As the locally based subsidiary of a worldwide company, UNIT4 Business Software has been steadily expanding its business throughout North America. With annual revenues over $20 million, UNIT4 Business Software is a significant local employer of graduates in the technology, business and communications disciplines. The company competes successfully against multi-billion dollar giants such as SAP, Oracle, and Microsoft thanks to an exceptionally innovative ERP solution that allows fast-changing organizations to embrace the changes they face quickly and at an exceptionally low cost. The company categorizes these dynamic organizations as Businesses Living IN Change (BLINC)(TM).

UNIT4 Business Software’s nomination was supported by one of its local British Columbia customers, the City of Port Moody. “The company delivers an exceptional product, world class service and the stability that organizations require in an Enterprise Resource Planning (ERP) vendor,” wrote Stephen Smith, divisional manager of information services.

VIATeC is an organization that emphasizes and promotes technology in Vancouver Island and British Columbia. Since the inception of VIATeC, The Greater Victoria tech sector has grown to over 800 technology companies, employing over 13,000 people and generating more than $1.95 billion in annual revenues, making advanced technology Greater Victoria’s top private industry.

About UNIT4 Business Software

UNIT4 Business Software in North America (
http://www.unit4software.com ) is a wholly-owned subsidiary of UNIT4, a $602 million enterprise resource planning (ERP) company and a top six mid-market ERP software player globally. The company helps dynamic public sector, and commercial services organizations to embrace change simply, quickly and cost effectively in a market sector it calls ‘Businesses Living IN Change’ (BLINC)(TM). Agresso Business World is widely acknowledged as the business software solution that delivers the lowest Total Cost of Change. The software’s unique Vita(TM) architecture allows for ongoing, post-implementation changes by business users, without the external IT costs typical of disparate systems.

Over 3,000 companies and organizations in 100 countries deploy Agresso Business World for both operational support and strategic management. The company’s role-based, Web Services and Services-Oriented Architecture (SOA) enabled solutions include Financial Management, Human Resources and Payroll, Procurement Management, Project Costing and Billing, Reporting and Analytics, Business Process Automation, and Field Services and Asset Maintenance.

The names of actual companies or products mentioned herein may be the trademarks of their respective owners. Agresso, Agresso Business World and Businesses Living IN Change (BLINC) are registered trademarks of UNIT4 Business Software.

Media contacts:
JoAnn Marlow
Director of Marketing, UNIT4 Business Software
Phone: +1(250)704-4489
Cell: +1(250)415-7510
Email: Joann.Marlow@unit4.com
Twitter: @UNIT4SoftwareNA

SOURCE UNIT4 Business Software

Copyright (C) 2012 PR Newswire. All rights reserved

Financial Glossary

Words used in this article:





May 02 2012

Auto sales post best results in nearly four years

Posted by Admin in Personal Economics

Terri Drechsler went car shopping Tuesday.

And when she saw a shiny, pre-owned, convertible VW bug at Bozzani Motors in Covina, her eyes lit up.

Im looking for something thats economical, reasonably priced – and not new, the 47-year-old San Dimas resident said.

With Southland gasoline prices averaging well above $4 a gallon, that criteria could likely be applied to 98 percent of todays buyers. On Tuesday, the average price for a gallon of regular, unleaded gas in the Los Angeles-Long Beach region was $4.33.

Its crazy, Drechsler said. It affects you because you think about where you need to go and what you have to do. And Ive got teenagers!

The auto industry is still digging its way out of a deep downturn that prompted government bailouts of General Motors and Chrysler.

But figures released Tuesday show things are picking up.

Stylish small cars, low interest rates, truck deals and unseasonably warm weather helped the auto industry achieve its best monthly performance in almost four years in March.

General Motors Co. said its US sales rose 12 percent compared with last March on solid demand for cars and small crossovers that achieve 30 miles per gallon or better on the highway. Chrysler Groups sales jumped 34 percent as buyers went for Fiat small cars and Chrysler sedans.

Toyota Motor Corp. said sales were up 15 percent, with sales of the Prius hybrid climbing 54 percent for the

RX Burning