Posted on May - 20 - 2011

Casey’s store coming to Southeast Side

EVANSVILLE — A Casey’s General Store & Fuel Center is being proposed for the northeast corner of Pollack Avenue and Green River Road.

The site, which formerly included the Neville’s IGA grocery store, sits across from both Wesselman’s Supermarket and Caze Elementary School on different corners.

Both the vacant grocery store building and a vacant house on the site of nearly one acre will be razed to make room for the new construction.

The site is being purchased by Casey’s from Paul and Elvira Neville.

James K. Neville, president of Interprop Management, which manages properties of the Neville family, said construction will possibly begin around the end of July.

Plans for the Casey’s are scheduled to be reviewed at 9:30 a.m. M

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Posted on May - 20 - 2011

Men’s Health: Providence’s debt earns a C+

PROVIDENCE – Providence’s debt earned a C+ and ranked No. 49 among 100 U.S. cities’ to be “in the red,” according to Men’sHealth.com.

In order to calculate its “American Cities With the Most Debt,” the publication looked at personal bankruptcy rates (FDIC); average credit scores, debt, late payments, and credit usage (Experian); percentage of homes facing foreclosure (RealtyTrac); percentage of homeowners and renters who spend more than 30 percent of their income on housing (U.S. Census); and average 401(k) contributions (BrightScope).

The most in-debt city, at No. 100, was Las Vegas.

“Have you heard about the new high-stakes game in Vegas? It’s a gamble called ‘living there.’ The economic downturn has been more like a flaming nosedive for the citizens of Sin City. Things are so bad, in

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Posted on May - 17 - 2011

Unite sees rise in student accommodation reservations

STUDENT accommodation group Unite said it is progressing well in an update today covering the period from March 2 to May 18.

The business, which provides 3,500 bed spaces in several developments across Liverpool, said reservations were 73% for the 2010/11 academic year, compared with 71% at the same time last year.

Its new developments across London and Glasgow are all on target and agreement has been reached with the London Olympic Games organisers to provide 3,600 rooms during the 2012 Olympic and Paralympic Games.

Chief executive Mark Allen said: “Building on our positive results for 2010, 2011 has seen continued strong reservations and excellent operational performance across our portfolio with further growth in our secured pipeline.”

Posted on May - 16 - 2011

How an Asset Based Lender Converts Paper into Cash for Your Business

Raising the money you need for your business doesn’t always have to be an uphill battle. 

Do you know that you, a partner, or an investor in your business may have certain assets that can be used as collateral to obtain the funding you need?

Turning paper into cash is not a new strategy but it is definitely an option worth considering if you have access to the types paper that can be converted.

A lender that extends financing using these assets as security is known as an asset based lender. If

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Posted on May - 15 - 2011

TEXAS BOASTS 3 OF THE NATION’S CITIES WITH THE BEST JOB GROWTH

Job growth is slowly on the rise according to analysts. Recently the annual list of Best Cities for Jobs was release with some surprising results. Last year the reports showed a gloomy outlook when only 13 of 397 metropolitan areas experienced any growth. For this year’s list, which measured job growth in the period between January 2010 and January 2011, most of the best-performing areas experienced increases in employment increases.
Almost 400 metropolitan statistical areas are ranked based on employment data from the Bureau of Labor Statistics reported from November 1999 to January 2011. Rankings are based on recent growth trends, mid-term growth and long-term growth and momentum. Full Article…

Posted on May - 13 - 2011

Stobart attacks ‘entirely false’ allegations of an FSA inquiry into property deal

Stobart 300

LOGISTICS group Stobart has responded robustly to allegations in a national newspaper that the Financial Services Authority are investigating a property transaction after being passed information by Cumbria Police.

Stobart last month announced is was in talks to buy back a property portfolio from two senior executives – chief executive Andrew Tinkler and chief operating officer William Stobart – which the pair acquired from the company four years ago.

In a statement to the stock market this morning, the company responded to the “speculative article” in today’s Daily Telegraph.

It said: “The company believes the content of the article to be entirely false. The company

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