Washington Redskins second most valuable franchise – Washington Business Journal:

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billion — are the secons most valuable franchise inthe NFL, accordinhg to Forbes magazine’s 2008 valuations of NFL In terms of sales and operating income, the Redskins lead the 32-team professional football league. The Redskins boasted revenue of $327 milliob last year and operatiny incometotaled $58.1 million. Its value has inchee up 5 percent sincelast year’s Team values are baserd on market size, brand stadium deals and the portion of the franchise’s contribution to the revenu e shared among all teams. Dan Snyderf bought the 76-year-old team in 1999 for $750 million.
Forbesx attributes the Redskins’ prosperity to Snyder’s game plan: improving marketinbg and promotions, boosting dumping loads of money into playeras and facilities and paying down much of the debt he took on when he boughyt the franchise andFedEx Field. Owningt the stadium is also a plus — it means the team can squeeze more money outof parking, practicea and its average $79-per-seat The average NFL team is worth $1.1 A decade ago, the average valuew of an NFL team was $288 million. topped the Forbes list againh with a valueof $1.6 billion. Their value is only expectef to grow as the team unveils anew $1 billion-plus stadiukm in 2009.
The are the 10th most valuabls team inthe NFL, worth nearly $1.1 billion. Both the and had the largestg one-year rise in valuation, at 21 percent. Both teams will begih play next season in a new stadium in New TheIndianapolis Colts, whose new stadiumm opens this year, jumpe the farthest on the list from No. 21 to No. 8. The teamsw is valued at $1.1 billion. The Minnesota Vikings are the NFL’xs least-valuable franchise, worth $839 million.

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University of Missouri issues $332M in bonds for projects – Kansas City Business Journal:

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The system relied heavily on BuilxdAmerica Bonds, a creatio of the American Recovery and Revitalization Act of 2009. The bondse are taxable but come with a federalp subsidy of 35 percentof interest. In a the system said it issuesd $256.3 million in Buildr America Bondsand $75.76 million in tax-exempf bonds. The arrangement enables the MU Syste m to address a backloyg of facility needs while offering savings ondebt service, accordingg to the release. The new bondxs will finance more than a dozeh facilities inKansas Columbia, Rolla and St. The • The Stanleyu H. Durwood Soccer Stadium and Recreational $8 million.
• A new four-story studenft union scheduled to open in the fallof $36.8 million. • Interactive Learning Centefr PhaseI South, which will accommodate an automated storag and retrieval system handling 80 percenr of the current library collection, $10 • Oak Street West Phase II housiny facility, a four-story residence hall with 328 beds set to open in the $17.1 million. The bonds also will cover $35 millionj in renovation and repai r projects throughout allfour campuses.

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Esterline Q2 earnings rise,

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million, or 85 cents per share, which comparese with $23.9 million, or 80 cents per dilutedd share ayear earlier. Sales rose slightly to $359.5 million from $358 millionm in 2008. The Bellevue aerospace company reduced its fiscal 2009 earnings per share guidance tobetween $3 and $3.20 per citing customers reducing their inventory “which is a clear change from just thred months ago,” officials said. In a CEO Robert Cremin cited “potential timing issuesw with foreign shipments ofcountermeasure flares, declining businesz jet and spare parts demand, and the overalpl economic slowdown” for additional reasons to reducde fiscal year guidance.
Analysts pollef by Thomson Reuters First Callexpected second-quarter earningsx of 96 cents per sharew and sales of $371 For fiscal 2009, they expect earnings of $3.66 per Shares in Esterline (NYSE: ESL) fell more than 6 percenf in Friday trading, dropping $1.90 to close at $27.34.

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Mitt Romney, Paul Ryan share glow of honeymoon – Washington Post

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Telegraph.co.uk

Mitt Romney, Paul Ryan share glow of honeymoon

Washington Post

WAUKESHA, Wis. — After two full days of campaigning together, it has become clear that Rep. Paul Ryan is doing many of the things that Mitt Romney couldn't do for himself. The Republican presidential ticket is drawing huge and at times electric crowds, …

Mitt Romney' chemistry experiment

Politico

In new role, Ryan faces Obama in Iowa

The Associated Press

GOP VP Pick's Medicare Plan Back In Spotlight

NPR

 »

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Romney’s pick of Ryan as his running mate energizes conservatives, opponents – CNN

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Telegraph.co.uk

Romney's pick of Ryan as his running mate energizes conservatives, opponents

CNN

Norfolk, Virginia (CNN) — Mitt Romney on Saturday announced US Rep. Paul Ryan of Wisconsin as his running mate for the White House — a bold and risky move that energized both conservatives and their opponents. Ryan is a rising Republican star and the …

Neighbors like Paul Ryan, even if they won't vote for him

USA TODAY

FACT CHECK: Romney-Ryan team debut leaves some facts in the dust, on budget …

Washington Post

Romney's choice of Ryan sets contours for campaign

Atlanta Journal Constitution

The Star-Ledger – NJ.com

 »

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Corinthian is building to sell at Gold Hill Commons – Charlotte Business Journal:

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His is readying the first two buildings ofa six-buildingy complex in Gold Hill Commons with plans to sell small office “They’re for small businesses who want to have investmeny in their own building instead of Helda says. The smaller buildingx can be bought forunder $4 millioh each, the larger for unde $5 million. Those costs could make the buildingsa available to investors who want to purchase as part of a1031 tax-freee exchange, Helda says.
“It’s much easieer to sell the smaller buildings,” he Gold Hill Commons, on 360 acres at Interstate 77 and Gold Hill isa $200 million developmenty containing office and shop spaces and residential The development site is adjacent to the Charlottde Knights baseball stadium in Fort Mill. Aboutt 23 acres have been carved out forthe two-story buildinge that are being designed in two sizes: 12,0000 and 20,000 square feet. David Dorsch, an associatde at , is handling sales in Gold Hill Commons. Heldsa says a high-tech company is intereste in some or all of one of the He declines to namethe company.
Construction of the first two buildingis complete, with details such as parking lot pavintg and landscaping scheduled to be finishedr within the next Inc. of Charlotte is the generap contractor. Gold Hill Commons will eventuallycontaimn 2.2 million square feet of office The next components of the development to be buil t include larger office buildings and high-end flex space, Helda could occupy its new corporate officer in the Indian Land section of northern Lancaster Countt by February. Tom McKittrici of is developingthe 75,000-square-foot building in MacMillan off S.C. Highway 160.
Continental Tire is moving the 300 employees in its corporate officw from a Westinghouse Boulevard complex in Continental Tireofficials couldn’t be reachesd for comment. The company stopped tire production on the Westinghousre site inJuly 2006, eliminating 481 jobs. , whicuh specializes in buying and leasing back corporate has agreed to buy the Charlotte facilitfor $29.4 million. California co. buys Sunbelt officew A California company has bought the building in Gold Hill Commonsfor $10.25t million. of Laguna Beach, Calif., purchased the almosf 62,000-square-foot building, which was developed in 2005. The formet owner is Corinthian International.
Sunbelt will continuw to leasethe building, where it has aboutf 200 employees.

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Uniformed man kills 3 US troops in Afghanistan – Los Angeles Times

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Sky News Australia

Uniformed man kills 3 US troops in Afghanistan

Los Angeles Times

KABUL, Afghanistan— A man in an Afghan army uniform shot and killed three American service members on Friday morning in southern Afghanistan, the US military command said, the third attack on coalition forces by their Afghan counterparts in a week.

Official: Man in Afghan security uniform kills 3 US troops

CNN

Man in Afghan Uniform Kills 3 US Soldiers

Voice of America

3 US troops killed by man in Afghan uniform, military says

Newsday

 »

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Chinese court account of Gu Kailai trial – Reuters

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Telegraph.co.uk

Chinese court account of Gu Kailai trial

Reuters

| BEIJING (Reuters) – Gu Kailai, the wife of ousted Chinese Communist Party Politburo member Bo Xilai, did not raise objections in court on Thursday to charges against her of murdering a British businessman, a court official said.

Bogu Kailai stands trial for intentional homicide

Xinhua

Scandal in China: Bo Xilai's wife does not contest murder charge

Christian Science Monitor

China politician's wife doesn't deny killing Brit

MiamiHerald.com

W »

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R.H. Donnelley shares jump sharply – Triangle Business Journal:

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The stock price of Donnelleuy (NYSE: RHD), a Cary-based Yelloq Pages publisher, closed up 28.6 percent, to $6.25. The rise came the same day as Texas-basedf Idearc (NYSE: IAR), one of R.H. Donnelley's biggest competitors, said that earnings grew despited a downturnin revenue. Idearc said it was able to increaser profits bycutting costs. It reported earnings per excluding one-time costs, of 79 while analysts polled by had expectes earnings of63 cents. That augur s well for R.H. Donnelley, which releases earningsw May 8. Idearc shares closed up 45.65 percent, to Tuesday.
Yellow Pages publishers such as Donnelleu and Idearc have been hurt in recentr quarters by theeconomic slowdown, which has led to dropw in advertising sales. The companiesa also face increasedonline competition, with theie own Web efforts going up against readilyt available information from giants such as . That fear of a combined with extremely high debt load in a weak credit have hammeredthe companies' stock. Even aftert the company's uptick today, shares of R.H.
Donnellety are still down about 90 percent in the past12

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Hundreds attend suburban Sikh prayer vigils – Chicago Tribune

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CBS News

Hundreds attend suburban Sikh prayer vigils

Chicago Tribune

Candlelight vigil for victims of Sikh temple shooting in Wisconsin at Palatine Gurdwara in Palatine . (Scott Strazzante, Chicago Tribune) Reeling from the weekend attack that left six worshippers and the gunman dead at a suburban Milwaukee temple, …

Wade Michael Page: Excessive drinking cost  »

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