Archives for November 2009
A planned effort to influence public opinion is one of the strongest definitions of Public Relations we know.
Planning is a management necessity in successful corporations, with most businesses routinely assembling five-year plans, including support planning down to its lowest operating levels.
The Public Relations function, internal or via agency, should not be exempt from this critical [...]
Big Bet: Las Vegas’ $8.5B CityCenter arrives during tough times but brings hope of better days
LAS VEGAS (AP) — Sin City is pinning its biggest bet ever — $8.5 billion — on a 67-acre, six-tower complex of striking hotels, gourmet restaurants, swank shops and a single casino that starts opening Tuesday in the heart of [...]
Nov. 28, 2009
Copyright © Las Vegas Review-Journal
Herbst plan may serve as model
By JOHN G. EDWARDS
LAS VEGAS REVIEW-JOURNAL
Attorneys Gerald Gordon and Erika Pike Turner believe they have seen the future of some Las Vegas casino operators in the bankruptcy of Herbst Gaming Inc. and affiliated companies.
Herbst lost its casinos and slot routes as a result of [...]
The Commerce Department reported new home sales rose 6.2% last month, to a seasonally adjusted annual rate of 430,000, from an upwardly revised rate of 405,000 in September. It was the sixth time new home sales had risen in the past seven months.
New houses sold in October for a median price of $212,200, up from [...]
Consumers got back in the buying mood in October as their incomes grew modestly, an encouraging sign for the budding economic recovery.
The Commerce Department reported today that consumer spending rose a brisk 0.7 percent last month, following a pullback in September when spending plunged by 0.6 percent.
It was the best showing since a big 1.3 [...]
Orders for big-ticket factory goods fell unexpectedly in October as the economy struggles to get back to full health.
The Commerce Department reported today that orders for costly manufactured goods dropped 0.6 percent last month, following a 2 percent gain in September. It marked the first decline since August.
But much of October’s weakness came from an [...]
Home prices rose slightly in September, the fourth straight monthly increase, according to the Standard & Poor’s/Case-Shiller home price index of 20 major cities released today. The index rose 0.3 percent to a seasonally adjusted reading of 144.96 in September. Prices rose month-over-month in 11 metro areas, a weaker showing than in recent months.
Compared with [...]
Sierra Pacific Power Company, a wholly-owned subsidiary of NV Energy, Inc. (NYSE:NVE), announced today that it is offering to purchase for cash up to $75 million aggregate principal amount of its 6.750% General and Refunding Mortgage Notes, Series P, due 2037.
The economy grew at a 2.8 percent pace last quarter, as the recovery got off to a slower start than first thought.
The government’s new reading ongross domestic product wasn’t as strong as the 3.5 percent growth rate for the July-September period estimated just a month ago.
The main factors behind the downgrade: consumers didn’t spend as [...]
The National Association of Realtors reported today that existing-home sales, including single-family, townhomes, condominiums and co-ops, surged 10.1 percent to a seasonally adjusted annual rate of 6.10 million units in October from a downwardly revised pace of 5.54 million in September, and were 23.5 percent above the 4.94 million-unit level in October 2008. Sales activity [...]