Posts Tagged ‘Reorganization’

A+ Child Development to Restructure Its Operations

December 25th, 2008

A+ Child Development (Canada) Ltd (”A+”), a 70.33% subsidiary of Lingo Media Corporation (”Lingo Media”), is restructuring its operations and has filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act.
Michael Kraft, President & CEO of Lingo Media said, “After an extensive strategic evaluation, A+ made the tough decision to [...]

Six Sigma Certification Booms as Employment Busts

December 22nd, 2008

As unemployment claims have reached a 26-year high, American families have begun preparing for what could be an economic depression. To many of the working-class, this means taking on second jobs to make ends meet. But an increasing number of workers are updating their skills to ensure that they are not on their employer’s next [...]

Warren Consolidated Schools Selects InfoVistas 5View Applications

December 4th, 2008

InfoVista, the leading provider of proven solutions for proactive service assurance, announced that Warren Consolidated Schools, located northeast of Detroit, has chosen its application management solution, 5View Applications, to monitor application performance across its private fiber network. The school system, which serves 15,600 students and 900 teachers across 27 buildings, is committed to using [...]

Student debt levels portend rising loan default rates

December 1st, 2008

Not long ago, Dan Brown and his roommate headed from San Francisco to Las Vegas. They were aiming to win big so they could pay off their student loans.
“If you don’t try, you can’t win,” said Brown, a 26-year-old marketing consultant. He’s sitting on nearly $100,000 in loans taken out to pay for his bachelor’s [...]

Union Ironworkers Provide Contractors With Well-Trained Work Force in Pennsylvania’s $26.8 Billion Industrial Construction Market, a Feature of “Industry Today” on Industrialinfo.com

November 20th, 2008

Researched by Industrial Info Resources (Sugar Land, Texas) — Throughout the Keystone State, Union Ironworkers are working hard to train reliable and available men and women in the growing Pennsylvania industrial construction market to provide construction contractors a well-trained work force. More than 400 industrial projects totaling nearly $26.8 billion are planned to begin as [...]

Noah Education Announces First Quarter Fiscal 2009 Financial Results

November 20th, 2008

Noah Education Holdings Ltd., a leading provider of interactive education content in China, announced its unaudited financial results for the first quarter of fiscal 2009 ended September 30, 2008.
Fiscal First Quarter Financial Summary
— Net revenue decreased by 18.3% to RMB202.2 million (US$29.8 million), compared with RMB247.5 [...]

Binghamton University Gains Network Visibility to Improve Network Management, Control and Security with Lancope’s StealthWatch System

November 17th, 2008

Lancope®, Inc., the provider of the StealthWatch® System, the Best in NetFlow Analysis (http://www.lancope.com/news/08052008.aspx) and the most widely used Network Behavior Analysis (NBA) and response solution, announced that Binghamton University, part of the State University of New York (SUNY) system, is using StealthWatch to help streamline network management, control and security with fast, accurate [...]

Zolio, LLC Launches Free, Online Multimedia Resume Building Tool

November 10th, 2008

This week Zolio, LLC launched www.zolio.com , a free, multimedia-rich online resume building website. Zolio.com transforms ordinary black and white resumes into a complete, professional multimedia profile. Zolio profiles include a concise work history, professional work examples, presentations and video resumes. Zolio’s personalized URLs can be emailed directly to hiring managers, further distinguishing Zolio users [...]

As Girls’ School Plans Closing, the Tears Flow

November 8th, 2008

TERESA McARDLE fell in love with the Academy of St. Joseph, the only all-girls Roman Catholic high school in Suffolk County, as soon as she stepped into the foyer at an open house three years ago. Now, she faces the prospect of graduating from another high school with classmates she barely knows.
Late last month, Ms. [...]

Jobless rate at 14-year high as losses continue

November 8th, 2008

WASHINGTON (Reuters) - The unemployment rate shot to a 14-1/2 year high last month as employers slashed jobs by an unexpectedly steep 240,000, suggesting President-elect Barack Obama will face a deep recession when he takes office.
The Labor Department said on Friday the jobless rate rose a steep four-tenths of a percent to 6.5 percent in [...]