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.
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.
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.
Mitt Romney, Paul Ryan share glow of honeymoon
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
In new role, Ryan faces Obama in Iowa
The Associated Press
GOP VP Pick's Medicare Plan Back In Spotlight
Romney's pick of Ryan as his running mate energizes conservatives, opponents
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
FACT CHECK: Romney-Ryan team debut leaves some facts in the dust, on budget …
Romney's choice of Ryan sets contours for campaign
Atlanta Journal Constitution
The Star-Ledger – NJ.com
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.
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