শনিবার, ১ সেপ্টেম্বর, ২০১২

Energy Business Update: Marathon BORROWS Oil, BP and Others RETURN To The Gulf

Marathon Petroleum Corp. (MPC) announced that will borrow 1 million barrels of crude from the United States Strategic Petroleum Reserve to settle the short-term supply deficits from Hurricane Isaac. This loan will be granted in reaction to a request from Marathon under short-term contractual arrangements.

he end of the holiday weekend should see the return of significant output from Gulf Coast energy producers, following the slow departure of Hurricane Isaac. The largest Gulf producer, BP (NYSE:BP), expects to begin redeploying staff to offshore facilities and will get production back online in the coming days. Royal Dutch Shell (NYSE:RDSA), Anadarko Petroleum Corporation (NYSE:APC), and Chevron Corporation (NYSE:CVX) are also restaffing. As of midday Friday, 83 percent of platforms remained empty, with 95 percent of oil production and 68 percent of gas shut in.

Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>

To contact the reporter on this story: staff.writers@wallstcheatsheet.com
To contact the editor responsible for this story: editors@wallstcheatsheet.com

Source: http://feedproxy.google.com/~r/WallStCheatSheetTrading/~3/fERvmX2_b20/

ryan leaf ryan leaf luke kuechly brad miller chandler jones peyton hillis carolina panthers

Saturday AM Headlines: College football season starts

Sorry, Readability was unable to parse this page for content.

Source: http://www.msnbc.msn.com/id/48869677/ns/local_news-birmingham_al/

obama state of the union address 2012 obama speech mitt romney tax return flip saunders academy award nominations cynthia nixon joe biden

Franchise Success : Club Solutions Magazine

Becoming a franchisee means becoming an integral part of the machine that is the multi-million dollar franchising industry. By signing a franchising agreement, franchisees receive instant access to other club operators, tools and a network of support from people who all want the same outcome ? to be successful.

Many of the franchisees we?ve interviewed already had profitable businesses or careers before signing on to own a franchise ? what exactly made them decide to take the plunge into franchising? For many, it was the aforementioned plethora of knowledge that was awarded from becoming a franchisee.

Alex LaVallee, an Anytime Fitness franchisee.

Anytime Fitness

Anytime Fitness employees live by the slogan, ?Bleed Purple? ? and many of them do ? the ?Running Man? logo has been inked onto the bodies of thousands of Anytime Fitness members, owners and employees.

Founded by Chuck Runyon and Dave Mortensen, the first Anytime Fitness club opened on May 30, 2002 in Cambridge, Minn. Since then, around 2,000 Anytime Fitness clubs span across 49 states and multiple countries around the world, serving almost 1.5 million members worldwide. IHRSA recently labeled Anytime Fitness ?The World?s Fastest-Growing Fitness Club,? and its franchisees are an integral part of that growth.

So, how does it feel to be a franchisee of a company that inspires its employees and members to permanently mark themselves with the Anytime Fitness brand?

For Alex LaVallee, being an Anytime Fitness franchisee feels like being part of a family. LaVallee joined the Anytime Fitness team with his business partner in 2008. Previously, he had owned his own mortgage company, but wanted to diversify his interests. Since opening his first club, he now owns an additional eight clubs in Massachusetts, Connecticut and Rhode Island, and another three are in the pipeline. ?The people I?ve met through Anytime Fitness are my close, close friends,? said LaVallee.

According to LaVallee, Anytime Fitness is characterized by support. ?I had so much support just from the start,? he said. ?We?ve had hundreds of conversations and not once have I ever felt like a burden. The people at corporate connect with you so that you want to be a better franchisee.?

That support has led LaVallee to believe that his growth opportunities with Anytime Fitness are limitless. ?Owning 30-50 clubs is the dream,? said LaVallee, ?And they would allow for me to grow more.?

A year ago, LaVallee joined the ?inked? club and got an Anytime Fitness tattoo of his own ? the Running Man logo now graces his arm. His decision to ink the logo onto his body stemmed from the impact becoming an Anytime Fitness franchisee has made on his life. ?It?s emotional,? said LaVallee. ?My life is 100 percent better than it was three and a half years ago.?

Photo courtesy of Gold's Gym.

Gold?s Gym

Joe Gold knew how to create an iconic brand, and Gold?s Gym was where it all started. Gold opened the first Gold?s Gym near the beach in Venice, Calif. in 1965. There are now 670 Gold?s Gyms opened worldwide, run by 602 franchisees, and it has become one of the most recognizable names in the health and fitness industry.

Sam Adams, a former defensive tackle for the Seattle Seahawks, Baltimore Ravens, Oakland Raiders, Buffalo Bills, Cincinnati Bengals and Denver Broncos, knows the importance of branding. He recognized the weight the Gold?s iconic name could carry, and knew right away that becoming a Gold?s Gym franchisee would be a perfect fit. ?The NFL is branded for the NFL ? when you step on the field, and when you walk off it, it?s NFL everything,? said Adams. ?That?s why it was easy for me to pick the Gold?s Gym brand. For me it was a no brainer. It put me in my comfort zone.?

Adams joined the Gold?s Gym brand three months ago, when he converted his existing full-service gym to Gold?s. He now has two Gold?s Gyms, and will have a total of four at the end of 2012. ?My experience has been awesome,? said Adams.

Gold?s Gym helps new franchisees such as Adams with everything from marketing to sales. However, according to Tim Hicks, the senior vice president of franchising and licensing for Gold?s Gym, the biggest asset to new franchisees are five franchise business consultants located in various territories across the country. These franchise business consultants help new franchisees get their gym up and running, and provide seasoned franchisees with support. ?The franchise business consultants are a major asset,? said Hicks.

Another perk to being a Gold?s Gym franchisee, one of which Adams recognized, was the over 45 years of experience Gold?s Gym has in the fitness industry ? experience that franchisees, once they sign the franchising agreement, gain access to. ?We have 98 percent brand awareness,? said Hicks. ?In the fitness world, if you were to ask people in the industry if they?d heard of Gold?s Gym ? 98 percent would say yes.?

To Hicks, this speaks to customers, and benefits Gold?s Gym?s franchisees. ?Any time you can plant a seed in a consumer?s mind with brand awareness, it helps the franchisees,? he said.

So far, Adams is confident he made the right choice in becoming a Gold?s Gym owner. ?I would say, if you have a shared passion for the health and fitness industry, Gold?s Gym is a place for you to be,? he said.

The replicated Santa Monica Stairs at Powerhouse Gym, Tampa Bay, Fla.

Powerhouse Gym

The Santa Monica stairs in Los Angeles, Calif. are a popular workout destination for L.A.?s most dedicated fitness enthusiasts. Comprised of about 180 steps, throughout the day you can find people tackling the stairs, which have become an alluring attraction for those looking for a good, challenging workout.

On the other side of the country, in Tampa Bay, Fla. a club owner created his own set of Santa Monica stairs. Matt Midyett, the owner of the Powerhouse Gym in Downtown Tampa Bay, replicated the stairs to provide his members with the famous fitness challenge.

A native of California, Midyett opened his Downtown Tampa location three years ago with his brother Eddy Midyett and brother-in-law John Sanginetti. ?Tampa was really hurting for an old-school gym,? said Midyett.

Powerhouse Gym appealed to Midyett, due to the licensing agreement it gives owners, versus a traditional franchising agreement. This gave Midyett the ability to install signature items exclusive to his club, such as the replicated Santa Monica stairs. ?The thing I like is that we can put our own signature on our club,? said Midyett. ?It?s not a cookie-cutter club.?

Other amenities exclusive to Midyett?s Powerhouse Gym include jump ropes, a 12-station multi jungle, a rock wall, sand pit and beer kegs for functional training. ?We found as we were building the club, that functional training was what people were really interested in,? explained Midyett.

Brothers William and Norman Dabish founded and opened the first Powerhouse Gym in Highland Park, a suburb of Detroit, Mich. in 1974. The Highland Park location is still standing, and since its opening has been joined by an additional 280 clubs nationwide. ?It is a family business,? said William Dabish. ?We?ve built it our whole life.?

William Dabish and his son, Henry Dabish, the CEO of Powerhouse Gym, extend their knowledge of the business to licensees ? treating them as part of the Powerhouse Gym family. Midyett was impressed with the fact that after applying to be a licensee, he was able to speak with one of the founders directly. ?They?re there with support and experience and even mentor us,? said Midyett. ?One of the things about Powerhouse Gym is, the brand they?ve built is very well respected. It has really evolved as the name has evolved, and we?re really excited about the future.?

Photo courtesy of Retro Fitness.

Retro Fitness

Megan Sweitzer, the co-owner of the Retro Fitness in East Norriton, Penn., recently ran in the 5K hosted by her club. As she ran, she was amazed to hear the different stories of how her club, through fitness, had impacted the lives of its members.

One woman, Tracie Beagler, entered Retro Fitness walking with a cane. After working with one of Sweitzer?s personal trainers, she?s now able to walk aid-free and finished Retro Fitness? recent 5K. Another member, Kay Hart, lost 60 pounds and 7 percent of her body fat while her husband was away in Afghanistan.

?The 5K was amazing,? said Megan. ?I listened to some of the members who were running, and was amazed at how many of their lives had been changed. I truly love the gym for that reason.?

According to Megan, none of this would have been possible if she and her husband, Jeff, hadn?t become Retro Fitness franchisees. ?We couldn?t just have gone out, opened a gym, and been successful,? she said. ?Franchising gives you a proven model to follow to be successful.?

Megan and Jeff opened their first Retro Fitness location in 2011, the same year Entrepreneur.com named Retro Fitness the ?Fastest Growing Franchise.? Since Retro Fitness? founding by Eric Casaburi in 2002, the franchise has opened 86 clubs and has approximately 60 franchisees.

Because Megan and Jeff had never owned a gym before, they worked hard to be successful club owners. ?We?re in there every day,? explained Megan. ?I?m committed to learning everything my staff does so that I can be a better owner. We?re going to do everything we can to keep our members happy.?

To facilitate their hard work, the couple look for support from Retro Fitness? corporate office whenever needed. ?Corporate really held my hand through opening the gym, and I still talk to them often,? said Megan.
In the end, becoming a Retro Fitness franchise was a way to fulfill a dream previously thought unreachable. ?I?ve always had a passion for fitness,? said Megan. ?We work really hard to be successful.?

Photo courtesy of Snap Fitness.

Snap Fitness

The first Snap Fitness opened in April 2004 in River Falls, Wis. Characterized by its small-box, compact facilities, although its clubs may be small, Snap Fitness? reach is wide ? 1,301 locations serve approximately 900,000 members worldwide, in countries such as the U.S., Canada, India and Australia.

After retiring from the Air Force in 2006, Jeff Spencer became intrigued by the possibility of owning his own business ? but at first, he was skeptical at the idea of franchising. ?Quite frankly, I was expecting to take a job in the Seattle area with a major defense contractor,? said Spencer. ?But something in me was intrigued about running my own business and being my own boss. I liked the idea of being able to see the result of my hard work,? he said.

That was six years ago. Now, Spencer is the owner of six Snap Fitness locations in the Spokane, Wash. area, and was Snap Fitness? 2011 ?Franchisee of the Year.?

Snap Fitness? ?hands on? approach with its franchisees is what appealed to Spencer. The fitness chain helps its franchisees with everything from in-house financing assistance, real estate and site selection, to club design and training support. ?Snap Fitness sets us up for success,? said Spencer. ?They make it very easy to follow the system and offer very solid support in becoming successful. They have thought through just about every scenario that we will encounter. And, if something new comes up, they are lean and mean enough at HQ to adjust positively to any situation.?

In addition to a hands on approach with franchisees, Snap Fitness encourages club owners to take a similar approach with members. ?[Snap Fitness] encourage us to get to know our clients and treat them special,? he explained. ?We are truly a neighborhood gym. We don?t just rent a treadmill. We really do want to see our clients get results.?

As for growth at Snap Fitness, Spencer wants to see the six clubs he currently owns grow in capability, membership and revenue. ?I want people in Spokane, Wash. and Coeur d? Alene, Idaho regions to say, ?those Snap Fitness clubs do it right.??

Photo courtesy of World Gym.

World Gym

When Wes Hodgson, a World Gym managing partner and franchisee in Canada, converted his already successful clubs to the World Gym brand in September 2010, he threw an elaborate party for his members. Hiring a DJ and turning the gym into a nightclub, Hodgson threw the party to celebrate his partnership with an iconic brand made famous by founder Joe Gold, who garnered a following of muscled celebrities such as Arnold Schwarzenegger and Lou Ferrigno. ?We threw a Hollywood-muscle-themed party to show our members what World Gym is all about,? said Hodgson.

Hodgson made the decision to convert his existing clubs to World Gym after searching for opportunities to grow. ?We looked into some other franchises, and when we came across World Gym, we saw that what we wanted to create, they had already accomplished,? said Hodgson. ?The biggest thing is that the name has tremendous value. It?s such a unique brand. Why would you want to do it by yourself? Especially in today?s marketplace.?

World Gym?s conversion plan may appeal to many existing club owners for exactly that reason. According to Keith R. Albright, a franchise development consultant representing World Gym, World Gym?s conversion plan is a highlight and a key strategy for 2012. ?Converting is good for clubs doing well on their own because they can gain further benefit from being a part of the World Gym family,? explained Albright.

World Gym will work with club owners who wish to convert to its brand by covering half of the re-branding costs and reducing the initial franchising and royalty fees. World Gym will also give owners access to its Preferred Vendor Program, and special terms of pricing. ?That?s a deliberate strategy to make it easier for owners to say ?yes? to conversion,? explained Albright. ?We believe in the partnership model of franchising.?

World Gym has partnered with 140 franchisees and serves approximately 750,000 members across 200 clubs in 15 countries. Hodgson loves the access to World Gym?s many owners that being a franchisee gives him. ?Being able to share information with other franchisees is invaluable,? said Hodgson. ?And being a franchisee allows the owner the ability to focus on their business without having to build a brand. We get to focus on running the gym, and that?s what we?re best at.?

?

By Rachel Zabonick

Source: http://www.clubsolutionsmagazine.com/2012/08/franchise-success/

big ten championship game big ten championship game ultimate fighter 14 ultimate fighter 14 2011 bowl projections ndamukong suh ndamukong suh

As Mass. governor, Romney took tough welfare line

BOSTON (AP) ? Mitt Romney, hoping to draw a sharp contrast on welfare, is citing a disputed charge that President Barack Obama is giving recipients a free ride, and he can point to his own record of pushing for tighter rules.

Romney, Massachusetts governor from 2003 to 2007, fought to require single parents with children as young as a year old to work to get welfare benefits if they could obtain state-subsidized child care. He opposed efforts to allow time spent in job training or education programs to count toward the state's 20-hour weekly work requirement for welfare recipients, and pushed for a five-year lifetime limit on welfare benefits.

At the time, Massachusetts was one of only five states without a lifetime limit, instead allowing welfare recipients to claim benefits two years out of every five-year period.

Despite his tougher stand, Romney also tried to shield welfare benefits from budget cuts as the state struggled with sinking revenues.

"There are a number of areas where I feel significant cuts would be too difficult on such short notice. I did not cut welfare payments," Romney said in a televised address in 2003 explaining his state budget proposal after just four weeks on the job. "In fact, the majority of state programs for the poor and elderly were not touched."

As the GOP presidential nominee, Romney has been criticized for shifting his position on everything from abortion and embryonic stem cell research to health care. But his stand on welfare has remained relatively constant.

Despite his record as governor, his campaign has come under increasing criticism for leveling what Democrats and many independent fact-checkers say are dubious charges against Obama.

Romney's campaign alleges in remarks and TV ads that Obama is loosening welfare restrictions by ending a provision that requires welfare recipients to work. Romney has told voters again and again he'd restore the work requirement to the federal program.

Former Pennsylvania Sen. Rick Santorum made the attack line a big part of his speech to the GOP convention, saying that Obama "showed us once again he believes in government handouts and dependency by waiving the work requirement for welfare."

Yet numerous independent fact-checkers, including The Associated Press, have determined that Romney and his surrogates are distorting the facts.

The White House says the waivers Obama approved for states recently would only allow them to drop the work requirement if they can accomplish the same goals using different methods.

In Massachusetts, Romney clashed not only with Democratic leaders but also with advocates for those on welfare. Those advocates said some of his recommendations were harmful to children, particularly those requiring parents of young children, often mothers, to work up to 20 hours a week to maintain their benefits.

In a state with a liberal reputation, Romney's tough stand put him at odds with a Democratic-controlled Legislature. Yet it also placed him in line with some of his GOP gubernatorial predecessors in Massachusetts.

Romney vetoed a proposal sent to him by the Legislature during his first year to allow welfare recipients to use time spent in training and education classes to satisfy the state work requirement. It later overturned Romney's veto.

During his second year, Romney took another stab at toughening welfare requirements, again pushing to require more parents currently receiving welfare benefits to go to work.

By 2005, Romney sought to increase the pressure even more by proposing rules that would mandate welfare recipients with children as young as a year old to start working 20 hours a week to earn their state benefits.

In his state of the state address that year, Romney outlined his efforts to bring what he called "real welfare reform to Massachusetts," saying part of his goal was to help get those on welfare back into the workforce as quickly as possible.

"People from both political parties have long recognized that welfare without work creates negative incentives that lead to permanent poverty," Romney said. "It robs people of self-esteem."

Throughout his term, Romney often found himself at odds with welfare advocates, who said his tougher line would ultimately hurt the children of those on welfare and make it difficult for recipients to find jobs that would allow them to support their families.

During his final year in office, Romney and Democratic lawmakers again clashed over the best way to overhaul the state's welfare laws.

The House and Senate passed a bill they said would require more welfare recipients to work, but critics, including Romney, said the plan didn't go far enough, jeopardizing millions in federal welfare dollars.

The Legislature's bill would have required about 16,000 of the state's 45,600 welfare recipients to work. Romney proposed a series of amendments he said would put more than 25,500 recipients to work.

Among those was his push to require women with children between 1 and 2 years old to work if they could obtain state-subsidized child care. Romney also wanted to require disabled welfare recipients to meet the stricter federal definition of disability rather than a more lenient state definition.

The Legislature ended its formal session that year without taking final action on the welfare overhaul bill.

Asked for comment on his welfare record, Romney's campaign cited his remarks this month in Iowa, saying he pushed for tougher work requirements for those receiving benefits.

"People who receive payments from government are going to be required to work, not as a punitive measure, but as a gift. Work is enhancing. Work is elevating," Romney said in Iowa. "I want more people working if they're going to receive government assistance."

___

Miga reported from Washington.

Source: http://news.yahoo.com/mass-governor-romney-took-tough-welfare-line-072739324.html

the big c the visitor king of kings ostara masters 2012 andy kaufman tom watson

What is the life expectancy in Israel?

Sorry, Readability was unable to parse this page for content.

Source: http://wiki.answers.com/Q/What_is_the_life_expectancy_in_Israel&src=rss1

chris carpenter chris carpenter dick cheney hcg drops reason rally mad hatter azerbaijan

Slow start in Angola elections

LUANDA, Angola (AP) ? Angry voters banged at the gate to a polling station which remained closed 90 minutes after voting was to start Friday in legislative elections that the ruling party is expected to win.

Victory for the Popular Movement for the Liberation of Angola , or MPLA, would give Angola's ruler for 33 years, President Jose Eduardo dos Santos, another five-year term.

Office cleaner Amalia Masungo said she is not voting because "they (politicians) are all bad men and I don't think my vote will make any difference."

A more positive note came from Braulio Silva, a 26-year-old who works for a logistics company. "Every vote will make a difference. We have to believe in the electoral process," he said from a line of up to 150 people outside a polling station at a school in the slum district of Prenda.

His friend Luis da Silva, a 28-year-old plumber, said the delay is unacceptable and shows no respect for some of the elderly people who have been waiting since 5 a.m. to cast ballots.

Polls were to open at 7 a.m. (0600 GMT) in only the second election in 20 years to be held in this oil- and diamond-rich nation whose leaders are accused of corruption and mismanagement.

Some 9.7 million voters are registered to elect 220 legislators. Dos Santos has never been directly elected. Presidential elections were repeatedly postponed. Last year, the government changed the constitution so that the No. 1 candidate of the winning party becomes president.

Dos Santos' party holds 191 national assembly seats after it won 2008 elections in a landslide. UNITA, the biggest opposition party, won 10 percent of votes and 16 seats. UNITA is expected to pick up a few more votes from people who complain about a lack of democracy and an unequal spread of wealth.

At Prenda 2011 primary school they finally opened the gates to votes at 8:40 a.m. Electoral official Delfina Manuel said there was no electricity and it was too dark in the classrooms to open earlier. They also only had one person distributing electoral materials.

This southern African nation was a Cold War battlefield for 27 years, with dos Santos' Popular Movement for the Liberation of Angola , or MPLA, backed by Cuban soldiers and a Soviet war chest, pitted against Jonas Savimbi's UNITA, which was backed by apartheid South Africa and the United States. Half a million people died in the war, more than 4 million ? a third of the population ? was displaced and much infrastructure was destroyed. Both parties had started as guerrilla movements to end Portuguese colonization.

Since the war ended soon after Savimbi's death in a 2002 clash with government troops, Angola has dominated the list of the world's fastest growing economies and is sub-Saharan Africa's second-largest oil producer, after Nigeria. Oil-backed credit lines from China ? Angola is China's No. 1 oil supplier and its second biggest importer is the United States ? have fueled a building boom of houses, hospitals, schools, roads and bridges. Average life expectancy went up from 45 in 2002 to 51 in 2011, and the average Angolan now has nine years of schooling compared to five in 2000.

But 87 percent of urban Angolans live in shanty towns, often with no access to clean water, according to UNICEF. More than a third of Angolans live below the poverty line. In 2011, Angola ranked 148 out of 187 countries on the U.N. Human Development Index and 168 out of 183 on Transparency International's Corruption Perception Index.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-08-31-Angola-Elections/id-61d6a9417e7b48b2a6304c82ba8ddc92

herman cain south carolina palmetto rob lowe sanctum the notebook duke basketball miranda july

Apple Has Decided We Can't Track Killer Drones With Our iPhones [Video]

Drones are being used by militaries to quietly attack targets, and little is reported about it because of how little manpower is necessary to carry out such an operation. So an iPhone app like Drones+—which sends you a notification every time a drone strikes—sounds like a good idea as far as government transparency goes. Unfortunately, Apple doesn't feel the same way. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/7T7Z9X36WXE/apple-has-decided-we-cant-track-killer-drones-with-our-iphones

m.i.a super bowl coin toss madonna super bowl halftime kelly clarkson super bowl giants super bowl 2012 half time show halftime show 2012