Westchester County Business Journal back issues from January 2003:
A walking Rolodex: Scarsdale resident offers advice on dealing with busy lifestyle. (Competitive Edge).(Claudette Paage, Paage et Cie Business and Personal Management Services)
Jan 06, 2003; ... At the start of any given year, New. Year's resolutions include such noble aspirations losing weight, quitting smoking and getting organized. While Claudette Paage may not be able to help with the first two, she can definitely assist with the third. Brandishing the slogan "We organize all ...
REIT buys Westchester Pavilion for $39.9m.(real estate investment trust, Urstadt Biddle Properties Inc. )
Jan 06, 2003; ... Heavyweight retailers Toys R Us, The Sports Authority and Borders Books and Records have a new landlord in White Plains after Urstadt Biddle Properties Inc. announced its purchase of the Westchester Pavilion for $39.9 million in late December. The Greenwich, Conn.-based real ...
P.C. Richard opens new store in Yonkers.
Jan 06, 2003; ... After years of being hamstrung in Yonkers by having far less space than its retail rivals, P.C. Richard & Sons Inc. is preparing to catch up to its competitors by snapping up one of the city's few vacant properties for a new freestanding store. P.C. Richard would vacate its ...
Retail brokers predict a bullish 2003.
Jan 06, 2003; ... If Westchester's economy bounces back in 2003 from two years of the doldrums, retailers will be leading the way with a spate of new stores and lease deals. "I'm very bullish on 2003. There's a lot of opportunity out there in retail leasing," said William Hesse of Aries Deitch & ...
U.S.B. announces stock repurchase plan.(U.S.B. Holding Company Inc.)(Brief Article)
Jan 06, 2003 ... U.S.B. Holding Co. Inc., the parent company of Union State Bank, announced Dec. 18 a plant to repurchase up to 150,000 shares, or about 0.5 percent, of the company's outstanding common stock. Repurchases of common stock are authorized to be made from time to time in open-market ...
Employers facing same issues. (Issues @ Work).(human resource management)
Jan 06, 2003; ... Among the 2002 issues that certainly will be alive and kicking in 2003 was the tendency among many Westchester companies to retain their 401(k) plans despite last year's implosion of Texas-based. Enron, Which wiped out the 401(k)s for thousands of Enron employees. The reason ...
Changing pension rules has implications for employee morale. (Issues @ Work).
Jan 06, 2003; ... In the latest sign of the changing contract between employer and employee, the administration is proposing to replace traditional defined benefit pension plans with cash-balance plans. Defined benefit plans deliver a fixed amount base on an employee's salary and years of service ....
ITT Industries acquires Biopharm Manufacturing.
Jan 06, 2003 ... ITT Industries Inc. of White Plains said it has purchased the business and assets of the Biopharm Manufacturing Division of Martin Petersen Company Inc., a manufacturer of process systems for the biopharmaceutical industry. Terms of the sale were not disclosed. Marlin Petersen's ...
Experts cautiously optimistic about 2003 economy.
Jan 06, 2003; ... Harold Fischel is an optimist by trade. "To be a developer means you are an optimist," said the chairman of Fischel Properties Inc. in Norwalk, Conn. Two years ago, when the 1990s hot office market began melting away, he made an upbeat forecast: The market will bounce ...
Calendar of events. (Chamber Chat).
Jan 06, 2003 ... Wednesday, January 8th COMPELLING ISSUES FOR THE BUSINESS OWNER: EXECUTIVE COMPENSATION & LONG TERM RETENTION Sponsored by JPMorgan Chase Presented by William Greene & Co. Time: 7:30 a.m. to 9:30 a.m. Cost: $45 Members * $60 Non-Members ...
News from our members. (Chamber Chat).(includes; Jewish Home and Hospital Lifecare System, Bridget Gallagher appointment)
Jan 06, 2003 ... Bridget Gallagher RN, MSN, has been named vice president for Home Care at the Jewish Home and Hospital Lifecare System. Stephen J. Jones, Esq., a partner in the law firm of Jones, Sledzik, Garneau & Nardone was elected the new President of The Volunteer Center of United Way by ...
Westchester colleges expand programs. (Focus: Education).
Jan 06, 2003; ... According to preliminary figures from the New York State Education Department, about 45,400 students enrolled at Westchester County's 20 or so universities and colleges last fall, an increase of 4.33 percent since 1997. "It has increased consistently," said Tere Wisell, ...
An education resource: digital arts center prepares tomorrow's filmmakers. (Focus: Education).(Mercy College Center for Digital Arts)
Jan 06, 2003; ... Move over George Lucas, Veggie Tales and Walt Disney Studios. There's a new force in digital arts and it's located at 277 Martine Ave. in White Plains. It's the Mercy College Center for Digital Arts, and it's well on its way to becoming the region's premier incubator for ...
Westchester colleges add 'real-world' studies. (Focus: Education).
Jan 06, 2003; ... If colleges and universities have often been accused of being not reflective of the real world, a look at some of the educational programs of Westchester's institutions of higher learning show how much in step they are with a fast-changing world. In fact, looking beyond the ...
NHTSA proposes new school bus category. (Focus: Education).(National Highway Traffic Safety Administration )
Jan 06, 2003 ... The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) recently proposed a new subcategory of small school buses for use in transporting. children in trips other than to and from school. By creating this new class of school bus, the agency ...
The College of New Rochelle goes wireless. (Focus: Education).(announces wireless capabilities for laptop computers)(Brief Article)
Jan 06, 2003 ... THE COLLEGE of NEW ROCHELLE (CNR) has announced wireless capability for laptop computers for students, faculty, and staff at its main campus in New Rochelle. All members of the CNR family will now be able to use a wireless Ethernet card to connect to the Internet from Gill ...
Purchase College pioneers online course. (Focus: Education).
Jan 06, 2003; ... PURCHASE COLLEGE will offer the nation's first online gay and lesbian studies course this semester, although an instructor describes the step just an extension of an existing program. "We have taught the same or a similar course in the classroom since the early 1970s," said ...
Purchase College awarded grant. (Focus: Education).(Brief Article)
Jan 06, 2003 ... German culture will be showcased at Purchase College through a grant from the Westchester Community Foundation. The cross-disciplinary program will explore various aspects of German culture with an emphasis on film and music. The Purchase College Foundation received the $27,150 ...
'Malaise economy' should continue through the year. (The Economy: Special Report).(regional economy suffers malaise)
Jan 06, 2003; ... Economists have long recognized that consumer and business moods often help shape economic behavior. Sometimes a mood shift is dramatic and is impact immediate and highly visible, such as the one following the 9/11 terrorist attacks. Sometimes changes in sentiment occur ...
Better than last year: economy shows signs of improving, though full recovery uncertain. (The Economy: Special Report).(Westchester County, NY economic forecast)
Jan 06, 2003; ... The new year is likely to be a better one than 2002 was for businesses in several of Westchester's economic sectors, observers agree -- if not the recovery that everyone's hoping for. Business activity will heat up in 2003 despite the economy's sluggish performance in recent ...
Westchester's business outlook for 2003. (The Economy: Special Report).(Westchester economy remains stable)
Jan 06, 2003; ... The Westchester economy has held up quite well during the current period of sub-par nationwide economic activity and the special 9/11 trauma. However, the economic outlook for Westchester business sectors is more dependent on the nationwide trends for these respective industries than on ...
A 2003 forecast for equity markets. (The Economy: Special Report).(U.S. economy rose 3.2% over last 12 mos.)
Jan 06, 2003; ... Some economists worry the economy will double dip into recession, but a modest recovery is more likely. Although the S&P declined for the third straight year, the economy grew at a 3.2 percent pace over the past 12 months, losing momentum heading into the fourth quarter. With a ...
Muddling through and dealing with scarcity. (The Economy: Special Report).(market trading volatility)
Jan 06, 2003; ... This year may not provide investors with much relief in the way of less market trading volatility, although we do not believe we are headed for a fourth down year. Indeed, our market targets for year-end 2003 are 1,075 for the S&P 500 and 10,375 for the Dow Jones Industrial Average. We do ...
Peter Berman making sea part of life. (Profits & Passions).
Jan 06, 2003; ... For reasons he doesn't understand, Peter Berman, professor of finance at New Haven University, became fascinated with the sea as a child. His fascination led him to the library where books about explorers like Ferdinand Magellan helped satiate his appetite for the unknown ...
Earned Income Showcase presented by the Social Enterprise Alliance. (Credits, Clients and Awards).
Jan 06, 2003 ... Greyston Bakery, Yonkers, a wholesaler and retailer of bakery goods, and an operating unit of Greyston Foundation, was one of five social entrepreneurs selected as the winners in the Earned Income Showcase presented by the Social ...
The New York State Council on the Arts. (Credits, Clients and Awards).(awards grant to Neuberger Museum of Art)(Brief Article)
Jan 06, 2003 ... The Neuberger Museum of Art, Purchase, was awarded a $9,500 grant from the New York State Council on the ...
The Boys & Girls Clubs of Northern Westchester. (Credits, Clients and Awards).(receives Verizon grant)(Brief Article)
Jan 06, 2003 ... The Boys & Girls Clubs of Northern Westchester, Mount Kisco, a nonprofit organization that provides youth development programs, received a ...
Host Marriott Corp. (Credits, Clients and Awards).(awards contract to Walsh Associates Inc.)(Brief Article)
Jan 06, 2003 ... Walsh Associates Inc., Port Chester, a provider of hotel project management and furniture, fixtures and equipment purchasing services announced that it has been awarded another contract by Host Marriott Corp., Bethesda Md a hospitality real estate company, to ...
The Bethel Nursing & Rehabilitation Center. (Newsmakers).(Kyle O'Laughlin Cahill appointment)(Brief Article)
Jan 06, 2003 ... Kyle O'Laughlin Cahill of Yonkers was appointed executive director of the Bethel Nursing & Rehabilitation Center, Crotonon-Hudson. Most recently, Cahill was the administrator at St. Vincent De Paul, Bronx, and a consultant to the Terence Cardinal Cooke Healthcare Center, Manhattan. Prior ...
ERA Insite Realty. (Newsmakers).(David Flynn appointment)(Brief Article)
Jan 06, 2003 ... David Flynn of Valhalla was appointed manager of business development at ERA Insite Realty, White Plains, a real estate firm. Since 1994, Flynn was a branch manager in New York City at Hold Brothers ....
Fivecat Studio/McCarthy LePage Architects P.C. (Newsmakers).(Peter A. Marchese appointment)(Brief Article)
Jan 06, 2003 ... Peter A. Marchese of Milton was appointed design services associate at Fivecat Studio/McCarthy LePage Architects P.C., Pleasantville, an architectural firm. Since 2000, Marchese was a member of the architectural staff at ...
St. Mary's Healthcare System for Children. (Newsmakers).(Norman M. Feinberg appointment)(Brief Article)
Jan 06, 2003 ... Norman M. Feinberg of Manhattan, chief executive officer of Gateside Corp., Rye, a real estate development firm, was elected chairman of the board of directors of St. Mary's Healthcare System for Children, Queens and Ossining, a provider of ...
Mid-Hudson Pattern for Progress. (Newsmakers).(announces election of new board of directors)(Brief Article)
Jan 06, 2003 ... Mid-Hudson Pattern for Progress, Newburgh, a regional planning and policy membership group, announced the election of the following individuals to three-year terms on its board of directors. Dr. Donald Katt of Kingston, president of Ulster County Community College, Stone Ridge, ...
On the agenda.(Calendar)
Jan 06, 2003 ... Monday, Jan. 13 Institute of Management Consultants chapter dinner meeting, wit Bob Frare on how to get more clients, 6 to 9 p.m., The Water's Edge at Giovanni's 11,2748 Boston Post Road, Darien, Conn. $35 members; $45 non-members. Call Reve Carberry at 277-1103. ...
Focus on five areas today to close business tomorrow. (View Point).(sales strategy)(Column)
Jan 06, 2003; ... All too often, salespeople focus on the wrong elements in their attempt to increase sales. They turn their attention to the features, benefits, and value-added aspects of their product or service in an attempt to differentiate it from the competition and ultimately convince prospects to ...
2003 is going to be a great year. (Looking Inside).(Brief Article)(Column)
Jan 06, 2003; ... Last year many of the business pundits told us to wait until this year for a better economy and stock market rise. Now we're in the first quarter and there is already a new confidence in the future. It could be the exuberance of New Year's, but I think a new year gives us a ...
Mobius Management Systems Inc. (Looking Inside).(announces Total Billings Inc. agreement)
Jan 06, 2003 ... Mobius Management Systems Inc. of Rye, a leading provider of software for total content management (TCM), has announced that Total Billings Inc. (TBI), a North Carolina-based bill service provider, will deliver electronic bill presentment and payment services to its customers using ...
Taro Pharmaceutical Industries Ltd. (Looking Inside).(files patent application for essential tremor treatment)(Brief Article)
Jan 06, 2003 ... Taro Pharmaceutical Industries Ltd. (Nasdaq/NMS:TARO) of Hawthorne has filed a patent application for the use of T2000 in the treatment of essential tremor. T2000 is Taro's patented, novel, long-acting, non-sedating barbiturate compound. The new patent application was based upon ...
The Finx Group Inc. (Looking Inside).(focuses resources on security systems business)(Brief Article)
Jan 06, 2003 ... The Finx Group Inc. (OTCBB:FXGP) of Elmsford has implemented its strategy to focus all of its resources on its security sys tems business. Finx will increase sales representatives and enter reseller agreements with major corporations; direct product distribution; expand ...
IBM Global Services. (Looking Inside).(announces Nokia agreement to provide end-to-end secured business applications)(Brief Article)
Jan 06, 2003 ... Nokia (NYSE:NOK) and IBM (NYSE:IBM) will together provide end-to-end secured business applications on advanced mobile handsets targeted at the enterprise market. IBM Global Services based in Armonk will act as a system integrator of Nokia's mobile VPN solution for Symbian ...
Donnelley Inc. (Looking Inside).(completes consent solicitation of subordinated notes)(Brief Article)
Jan 06, 2003 ... Donnelley Inc., a subsidiary of Rueben H. Donnelley Corp. (NYSE:RHD) in Purchase, has successfully completed its consent solicitation with respect to $150 million aggregate principal amount of its 9 1/8 percent senior subordinated notes due 2008. The early consent payment ...
Starwood Hotels & Resorts Worldwide Inc. (Looking Inside).(manages new hotel in metro Detroit area)(Brief Article)
Jan 06, 2003 ... The new Westin Detroit Metropolitan Airport came in for a landing on Sunday, Dec. 15 adjacent to the Edward H. McNamara/Northwest World Gateway terminal at Detroit's Metropolitan Wayne County Airport. The 11-floor, 400-room property -- the ...
The Bank of New York. (Looking Inside).(named Exchange Traded Fund services provider to the NASDAQ-100 European Tracker Fund)(Brief Article)
Jan 06, 2003 ... The Bank of New York has been named Exchange Traded Fund (ETF) services provider to the NASDAQ-100 European Tracker Fund, which was launched on NASDAQ Europe on Dec. 2, 2002. "We are delighted to have expanded our partnership with NASDAQ and to have helped them bring the first ...
Poised for growth: pleasantville multimedia publisher hoping for turnaround. (Competitive Edge).(Sunburst Technology )
Jan 13, 2003; ... Sunburst Technology is looking forward to production as well as staffing growth this year at its Pleasantville operations. The Elgin, Ill.-based developer and publisher of multimedia educational software, videos and printed supplements for the K-12 market is looking for a return ...
Reinsurer considers expansion in county: Bermuda-based Endurance wins promise of tax break for a move to White Plains.(Endurance Reinsurance Corporation of America )
Jan 13, 2003; ... A new American offshoot of a $1.2 billion Bermuda-based reinsurance company is in talks to move its new U.S. office from temporary quarters in Tarrytown to a larger space in White Plains, where it would expand its workforce more than five-fold by creating 58 new jobs over the coming year. ...
Financial planning firm charts rapid growth.(Fusion Financial Group to hire additional financial planners)
Jan 13, 2003; ... A growing financial planning firm in Tarrytown expects to continue to expand rapidly in the region this year, reasoning that investors will shun high-risk stocks in favor of less volatile investment products sold through the firm. Fusion Financial Group plans to hire as many as ...
Early bird forecast for 2003.(insurance industry)
Jan 13, 2003; ... Each year the Insurance Information Institute invites a panel of Wall Street stock analysts and industry professionals to review the prospects for the industry in the current and coming year. The survey reveals that 2002 was another tough year for insurers and that the ...
States may face protracted fiscal woes.
Jan 13, 2003; ... Current fiscal miseries plaguing states may be just the tip of an iceberg, economists warn. Relief from the crisis may not come soon even if the economy rebounds because "all the easy fixes are up. "Even when the economy recovers -- which I think it will, although it may not be ...
WIM to offer business advice. (Issues@Work).(nonprofit group, Women in Management, conducts roundtable)
Jan 13, 2003; ... If you own or manage your own business and are looking to expand (or just survive!) in the sluggish economy are "in transition" in your career and perhaps considering starting your own business, or just looking for ways to advance your career, the nonprofit group Women in Management -- ...
Local companies make business fun.(biopharmaceutical company improves employee morale )
Jan 13, 2003; ... Recently, I wrote a column on the importance of injecting an element of fun into the workplace to improve, employee morale and boost productivity. Evidently, many companies in Westchester County have been long taking this concept to heart, and work to provide an environment for employees ...
Oxford class-action trial set for March.(Oxford Health Plans Inc.)(Brief Article)
Jan 13, 2003 ... Oxford Health Plans Inc. of Trumbull said the U.S. District Court for the Southern District of New York has scheduled trial to start March 10 in the securities class-action lawsuits brought in 1997 after the Oct. 27, 1997 decline in the price of the company's common stock. In ...
Tax reform tops small-business owners wish list.(tax reform is top small business issue for new Congress)
Jan 13, 2003 ... Entrepreneurs say tax reform, including tax cuts and elimination of the estate tax, should be the top small-business priority for the 108th Congress, which convened last week. According to the OPEN Small Business Network Semi-Annual Monitor from American Express, 33 percent ...
SBA considers rule revision favorable to tour operators.(U.S. Small Business Administration loans' rules change)(Brief Article)
Jan 13, 2003 ... At the urging of the National Tour Association (NTA), U.S. the Small Business Administration has proposed a rules change that would expand tour operators' ability to secure SBA loans. Currently, tour operators are eligible for SBA loan guarantees and emergency loan assistance if ...
Reader's Digest launches Web site for dieters.(Internet, fee-based weight loss service )
Jan 13, 2003 ... Reader's Digest Association Inc. in Pleasantville has launched Change0ne.com, an Internet, fee-based service for what it calls a new approach to dieting. The Web site launch coincides with the publication of the book "ChangeOne: The Breakthrough 12-Week Eating Plan: Lose Weight ...
Pepsi loses appeal against Coke.(Brief Article)
Jan 13, 2003 ... Purchase-based PepsiCo Inc. has lost an appeal in a 4-year-old suit claiming that rival Coca-Cola Co. abused its market power to maintain control over the fountain beverage market in movie theaters and restaurants. Pepsi, the No. 2 beverage producer, argued in a 1998 suit that ...
Stewart I. Edelstein: a lawyer with a love for words. (Profits & Passions).(new book focuses on etymology)
Jan 13, 2003; ... Two roads diverged in a wood, and I -- I took the one less traveled by, And that has made all the difference. Robert Frost "I came to that fork in the road," says Stewart I. Edelstein, an attorney at Bridgeport's Cohen and Wolf P.C. in ...
Westchester seeks new ways to attract tourists. (Focus: Business and Personal Travel and Tourism).(lower hotel occupancy rates mark drop in tourism)
Jan 13, 2003; ... Last year was not one of the best years tourism in Westchester First came 9/11 that immediately took a big bite out of corporate travel to the county. But no sooner had corporate travel started to recover than the general economic downturn deepened over the summer and tourism in general ...
Sluggish business travel keeps travel industry creative. (Focus: Business and Personal Travel and Tourism).(3% drop in business travel 2001)
Jan 13, 2003; ... The good news is that business travel is better this January than it was a year ago when the entire industry was still recovering from 9/11. The bad news is that the recovery would have been much further along if the economy had not token a turn for the worse in midyear, forcing companies ...
Companies get tough to contain travel costs. (Focus: Business and Personal Travel and Tourism).(findings of a survey by American Express)
Jan 13, 2003 ... A comprehensive survey by American Express reveals that, after several years of skyrocketing business travel prices, travel and entertainment (T&E) costs have become companies' second-largest controllable expense. In response, corporate America has ushered in a new get-tough era of ...
Business travel costs to rise 5 percent in 2003. (Focus: Business and Personal Travel and Tourism).(Business air fares to rise 7% )
Jan 13, 2003 ... The National Business Travel Association's (NBTA) 2003 business travel cost forecast shows business travel costs will increase 5 percent in 2003. The forecast, compiled by the group's research staff, predicts this year: * Business airfares will increase by 7 percent. ...
Business travel expenditures to stay flat in 2003. (Focus: Business and Personal Travel and Tourism).(poor economy affects business travel)
Jan 13, 2003 ... Corporate travel expenditures dipped in 2002 and will most likely remain flat in 2003, according to a recent survey conducted by the National Business Travel Association (NBTA). Travel managers do not expect full recovery of business travel before 2004, saying their companies' ...
Analyze this: bayer diagnostics in Tarrytown continues to advance medical testing. (Techonomy).(reported sales of $1.8 bn in 2001)
Jan 13, 2003; ... For many people, the name Bayer conjures up images of small white tablets. And while aspirin remains an integral part of its market, the company is now also on the cutting edge of medical technology, with advances ranging from pharmaceutical development to the creation of sophisticated ...
Maps and data point county in right direction. (Techonomy).(Department of Information Technology)
Jan 13, 2003; ... Let's say you're trying to find an address on a map. Perhaps you're new to an area and want to locate the library or bus stop closest to your house or office. Westchester County's GIS has a website for you. A new Community Facility Locator application is just the ...
The music is the message: Nielsen SoundScan tracks sales to its own success. (Techonomy).(sole provider of point of sale information to music industry)
Jan 13, 2003; ... Nielsen SoundScan president Rob Sisco understands the power of a countdown. A former radio disc jockey and program director, Sisco recalls being questioned by producers when he proposed such a device for one of his own shows. "I said, if you walked into a room and the television ...
It execs to be offered business skills training program. (Techonomy).(information technology professionals in Westchester County )
Jan 13, 2003 ... For the first time, information technology professionals in Westchester County will be able to improve their business skills through a program of courses geared specifically to their needs. Westchester Community College's Professional Development Center will soon provide a ...