pacific

Costar…

Jones Lang LaSalle and Pacific Medical Buildings have formed a strategic alliance to provider development, planning and financing services to health care organizations. The venture combines San Diego-based PMB’s track record of financing and developing health-care facilities with JLL’s consulting and development expertise, local capabilities and national business relationships. The firms will assist providers with strategic and development planning…

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Jones Lang LaSalle Aligns With MOB Developer

Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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May 27 (Bloomberg) — Terry Schallich, head of equity capital markets for Pacific Crest Securities, contrasts recent initial public offerings by technology companies to those from the “bubble” in late 1990s. Schallich speaks on Bloomberg Television’s “InBusiness with Margaret Brennan.” (Source: Bloomberg)

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Video: Schallich Says Recent Technology IPOs Unlike 90s Bubble

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Huguette Clark, Reclusive Heiress, Dies In NYC At 104

May 24, 2011

NEW YORK — Huguette Clark, the 104-year-old heiress to a Montana copper fortune who once lived in the largest apartment on Fifth Avenue, has died at a Manhattan hospital even as an investigation continues into how her millions were handled. Clark spent the last two decades of her life in New York City hospitals. She died Tuesday, “with dignity and privacy,” her lawyer, Wallace Bock, said in a statement. The statement was released by Robert Anello, an attorney who represents Bock in an investigation into Clark’s finances. The Manhattan district attorney is looking into claims made by Clark’s family that she was kept isolated from almost everyone except Bock and her accountant and that she may not have understood decisions being made related to her fortune. Clark was born in 1906 to a then 67-year-old U.S. senator, William A. Clark of Montana, and a 28-year-old Michigan woman named Anna Eugenia La Chapelle. Clark had made a fortune in mining and was one of the richest men in America. He built railroads across the United States, founding Las Vegas in the process. Huguette Clark’s fortune is believed to be worth some $500 million. As of last year, she still owned a 42-room, multi-floor apartment at 907 Fifth Ave.; a Connecticut castle surrounded by 52 acres of land; and a Santa Barbara, Calif., mansion built on a 23-acre bluff overlooking the Pacific Ocean. The Daily News writes that Huguette “traded in aristocracy for eccentricity” and removed herself from the outside world — and her vast fortune — after the death of her mother. MNBC ran a report about Huguette’s elusive lifestyle and her abandoned mansions. Andre Baeyens, Clark’s grand-halfnephew, told NBC’s “Today” show that “Everything stopped for her when her mother died. She didn’t want to go out. She didn’t want to have beautiful things, no, no. She just wanted to be home and play with her dolls.” Beginning in the 1960s, Clark rarely left her Fifth Avenue home, having whatever she needed delivered. She moved into a hospital in the 1980s. Bill Dedman of MSNBC tracked Clark down last year and found her living in a very nondescript, almost “drab” hospital room. She was doing fine, but said she just wanted to be left alone. Bock and accountant Irving Kamsler had been in charge of her financial affairs for years, and they’re among the few people who have contact with her. Distant relatives say they have not seen her in years. Visit msnbc.com for breaking news , world news , and news about the economy

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Blue Coat Announces New Regional Sales Leaders

May 24, 2011

New Executives for Americas, Asia Pacific and EMEA Help Drive Go-to-Market Focus

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Japanese inflation data the main focus this week in the Pacific amid the lack of fundamentals

May 22, 2011

Japanese inflation data the main focus this week in the Pacific amid the lack of fundamentals

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Polycom Appoints Key Leaders in Sales and Marketing to Expand Growth Strategy in Unified Communications

May 19, 2011

Promotes Key Sales Leaders Leveraging Asia Pacific Success; Adds Depth and Breadth in Marketing

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Video: Crescenzi Says Pimco Favors Emerging-Market Bond Yields

May 13, 2011

May 13 (Bloomberg) — Tony Crescenzi, market strategist and portfolio manager at Pacific Investment Management Co., talks about strategy for the bond market, inflation and the Federal Reserve’s program of quantitative easing, the outlook for U.S. economic growth. Crescenzi talks with Matt Miller on Bloomberg Television’s “Street Smart.” Bloomberg economist Joseph Brusuelas also speaks. (Source: Bloomberg)

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Video: Shellady Explains Gross’s U.S. 10-Year Notes Strategy: Video

May 13, 2011

May 13 (Bloomberg) — Scott Shellady, manager of fixed income at XFA Futures, talks about Bill Gross’s trading strategy for 10-year Treasury notes. Gross runs the world’s biggest bond fund at Pacific Investment Management Co. Shellady talks with Lisa Murphy on Bloomberg Television’s “Fast Forward.” (Source: Bloomberg)

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Imperial Toy Taps Industry Veteran Genna Rosenberg as Executive Vice President, Strategic Marketing, Communications and Business Development

May 3, 2011

NORTH HILLS, CA–(Marketwire – May 3, 2011) – Imperial Toy , LLC., a leading maker of licensed and non-licensed kids’ bubbles, seasonal products and novelty toys, including the Miracle® Bubbles brand of bubbles and accessories, has hired seasoned toy industry executive Genna Rosenberg as Executive Vice President, Strategic Marketing, Communications and Business Development. Rosenberg joins Imperial after serving 11 years at Malibu-based toymaker JAKKS Pacific, Inc.

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Australian Market Report of April 14, 2011: DataMotion Asia Pacific (ASX:DMN) To Commence Drilling On M12 Rare Earth Elements Target In April

April 14, 2011

Australian Market Report of April 14, 2011: DataMotion Asia Pacific (ASX:DMN) To Commence Drilling On M12 Rare Earth Elements Target In April

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Infinera Appoints Andrew Bond-Webster Vice President for Asia Pacific

April 13, 2011

SINGAPORE–(Marketwire – Apr 13, 2011) – Infinera ( NASDAQ : INFN ) announced the appointment of Andrew Bond-Webster as Vice President of Sales for Asia Pacific to accelerate Infinera’s focus on marketing Digital Optical Network solutions in the Asia Pacific region.

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Video: Pacific Ethanol’s Jones Says U.S. Should Diversify Fuels

April 12, 2011

April 12 (Bloomberg) — Bill Jones, chairman of Pacific Ethanol Inc., talks about the ethanol market and U.S. demand for alternative fuels. He speaks with Pimm Fox on Bloomberg Television’s “Taking Stock” (Source: Bloomberg)

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Former U.S. Assistant Secretary of Defense for Asian and Pacific Security Affairs, Lt.Gen. Chip Gregson, Joins Avascent International

April 11, 2011

WASHINGTON, DC–(Marketwire – April 11, 2011) – Avascent International, a Washington, D.C.-based global advisory and consulting firm with offices in five cities on three continents, today announced that Lt.Gen. Wallace “Chip” Gregson, USMC [Ret.] has joined the firm as a Senior Advisor. Lt.Gen. Gregson most recently served as the Assistant Secretary of Defense, Asian and Pacific Security Affairs.

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Video: Balls Says Pimco `Sceptical’ ECB Can Deliver Rate Rises

April 1, 2011

April 1 (Bloomberg) — Andrew Balls, the London-based head of European portfolio management at Pacific Investment Management Co., talks about European sovereign debt strategy and European Central Bank interest rates. He speaks with Francine Lacqua on Bloomberg Television’s “On The Move.”

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Video: Pimco’s Bosomworth Says ECB Must Lift Rate Every Quarter

March 29, 2011

March 29 (Bloomberg) — Andrew Bosomworth, a fund manager at Pacific Investment Management Co., talks about the outlook for European Central Bank interest rates and Spanish debt. He speaks from Munich with Francine Lacqua on Bloomberg Television’s “On The Move.”

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Greg Evans Joins Swinerton’s Washington Division

March 28, 2011

BELLEVUE, WA–(Marketwire – March 28, 2011) – Greg Evans has been selected by Swinerton Builders Washington to enhance Swinerton’s position within the Pacific Northwest Native American market. In his new role as Project Executive, Evans will be charged with cultivating new business relationships and positioning the division for serving the next wave of gaming, hospitality, and infrastructure work for local tribes.

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U.S. Estimates Japan Quake Left Billions In Damages

March 11, 2011

WASHINGTON — A massive earthquake that struck off the coast of Japan Friday was the strongest quake in the area in nearly 1,200 years. David Applegate, a senior science adviser for earthquake and geologic hazards for the U.S. Geological Survey, said the 8.9-magnitude quake ruptured a patch of the earth’s crust 150 miles long and 50 miles across. He said the earthquake, which also spawned a massive tsunami that hit Japan before racing across the Pacific Ocean to Hawaii and the West Coast of the United States, likely caused tens of billions of dollars in structural damage in Japan. Laura K. Furgione, deputy director for the National Weather Service, said the tsunami first hit Hawaii early Friday morning. An 8.1-foot wave destroyed piers and docks in Crescent City, Calif., later Friday.

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Video: Gross Says U.S. to Keep AAA Credit Rating for Some Time

March 11, 2011

March 11 (Bloomberg) — Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., discusses the outlook for the U.S.’s AAA credit rating. Gross, speaking from Newport Beach, California, with Margaret Brennan on Bloomberg Television’s “InBusiness,” also talks about the 8.9-magnitude earthquake that struck Japan and the Federal Reserve’s quantitative easing. (Source: Bloomberg)

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SEACOR Capital Announces Jay Shaw to Join as Managing Director

March 9, 2011

HONG KONG–(Marketwire – March 8, 2011) – SEACOR Capital (Asia) Limited today announced that Jay Shaw joined the Company as Managing Director, based in Hong Kong. Mr. Shaw is responsible for overseeing the Company’s Asia Pacific aviation investments and business development activity.

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Rueben Taylor Wins ProfitCLUB Award at ActionCOACH’s Asia Pacific Conference

March 2, 2011

Rueben Taylor Wins ProfitCLUB Award at ActionCOACH’s Asia Pacific Conference

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Simon Harris wins GrowthCLUB award at ActionCOACH Asia Pacific Conference

March 2, 2011

Simon Harris wins GrowthCLUB award at ActionCOACH Asia Pacific Conference

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Video: Campbell Says U.S. Housing May Not Have Reached Bottom

February 18, 2011

Feb. 18 (Bloomberg) — Ken Campbell, chief executive officer of homebuilder Standard Pacific Corp., discusses the U.S. housing market. Standard Pacific is based in Irvine, California. Campbell talks with Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

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Video: Gross Says Investors Should Focus on Emerging Markets

February 4, 2011

Feb. 4 (Bloomberg) — Bill Gross, manager of the world’s largest bond fund at Pacific Investment Management Co., talks about interest rates and investment strategy. Gross speaks with Tom Keene and Ken Prewitt on Bloomberg Radio’s “Surveillance.” (This is an excerpt of the full interview. Source: Bloomberg)

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Video: El-Erian Says Opportunities Still Exist in Bond Market

January 21, 2011

Jan. 21 (Bloomberg) — Mohamed El-Erian, chief executive officer at Pacific Investment Management Co., talks about investment opportunities in the bond market. El-Erian, speaking with Tom Keene on Bloomberg Radio’s “Surveillance,” also discusses the outlook for the World Economic Forum in Davos, Switzerland, next week. (This is an excerpt of the full interview. Source: Bloomberg)

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First REIT IPOs of 2011 To Debut This Week

January 13, 2011

If the first couple of weeks of January are any indication, 2011 may be an active year for REIT initial public offerings. After a mixed performance in 2010, the question is how many of the IPOs will successfully get off the ground without delay or termination. Retail and office owner American Assets Trust, along with West Coast office landlord Pacific Office Properties Trust, Inc., both based in San Diego, are scheduled to launch IPOs on Thursday…

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More U.S. Job-Hunters Try Australia

December 27, 2010

SYDNEY–Australia’s economic boom is spurring a steady stream of unexpected visitors looking for work: Americans. U.S. citizens are heading to Australia in small but growing numbers as near-10% unemployment at home drives more to look for jobs Down Under, where China’s thirst for iron ore and energy is transforming the Pacific nation into an economic powerhouse. Daniel Davila, a 23-year-old timber floorer from Camarillo, Calif.–a Los Angeles suburb knee-deep in the Golden State’s housing dust bowl–made the 14-hour move across the Pacific two years ago.

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Retail Watch: A&P Files Ch. 11; TJX Consolidating AJ Wright Division

December 16, 2010

The Great Atlantic & Pacific Tea Company Inc. (A&P) filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy Court for the Southern District of New York. A&P said it plans to continue to conduct business and serve customers at its 395 stores while proceeds through the Chapter 11 process. The company said the financial and operational restructuring was necessary in order to shed debt and restore it to long…

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Video: Pimco Raises U.S. Economic Growth Forecast on Stimulus

December 9, 2010

Dec. 9 (Bloomberg) — Pacific Investment Management Co., which manages the world’s biggest bond fund, is raising its forecast for U.S. growth next year as policy makers pump a “massive amount” of stimulus into the economy, Chief Executive Officer Mohamed El-Erian said. Julie Hyman reports on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

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A busy week full of important data for Asia Pacific

December 4, 2010

A busy week full of important data for Asia Pacific

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Video: Blanchflower Says Irish Crisis May Lead to Contagion

November 17, 2010

Nov. 17 (Bloomberg) — David Blanchflower, an economics professor at Dartmouth College and a former Bank of England policy maker, discusses Ireland’s talks with the European Union about a possible bailout for the country’s banks. Neel Kashkari, head of new investment initiatives at Pacific Investment Management Co., also speaks. They speak with Margaret Brennan on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

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Axa Asia Pacific bid reach $13.0 billion

November 15, 2010

Axa Asia Pacific bid reach $13.0 billion

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Japanese GDP data amid a calm week for the Pacific

November 14, 2010

Japanese GDP data amid a calm week for the Pacific

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An important week awaits the Pacific

October 31, 2010

An important week awaits the Pacific

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Retail Watch: Disappointing Quarter Leads to More Store Sell Offs / Closures for A&P

October 28, 2010

The Great Atlantic & Pacific Tea Co. (A&P) in Montvale, NJ, reported a second quarter loss from continuing operations of $143 million versus last year’s loss of $62 million. Sales for the second quarter were $1.9 billion versus $2.1 billion a year earlier…

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Video: Pimco’s Toloui Says Consider Emerging Market Bonds

October 25, 2010

Oct. 25 (Bloomberg) — Ramin Toloui, an emerging-markets portfolio manager at Pacific Investment Management Co., talks about emerging market bonds. He speaks with Margaret Brennan on Bloomberg Television’s “InBusiness.” (This report is an excerpt. Source: Bloomberg)

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Video: Pento Sees Fed Policy Boosting Jobless Rate Above 10%: Video

October 22, 2010

Oct. 22 (Bloomberg) — Michael Pento, a senior economist at Euro Pacific Capital, and Todd Harrison, chief executive officer of Minyanville Media Inc., talk about Federal Reserve monetary policy. Pento and Harrison also discuss U.S. stocks and the dollar. They speak with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

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Video: Clarida Questions Effectiveness of Quantitative Easing: Video

October 21, 2010

Oct. 21 (Bloomberg) — Richard Clarida, global strategic adviser at Pacific Investment Management Co., discusses the potential impact of so-called quantitative easing by the Federal Reserve on the U.S. economy. Clarida, speaking with Deirdre Bolton and Erik Schatzker on Bloomberg Television’s “InsideTrack,” said the expansion of asset purchases will help lower interest rates but questions whether it can generate long-term economic growth. (Source: Bloomberg)

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BofA Loan Repurchases: Pimco, New York Fed Want Bank To Buy Back Bad Mortgages

October 19, 2010

Oct. 19 (Bloomberg) — Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York are seeking to force Bank of America Corp. to repurchase soured mortgages packaged into $47 billion of bonds by its Countrywide Financial Corp. unit, people familiar with the matter said.

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Kozlov Joins Parsons’ Infrastructure & Technology Group

October 19, 2010

PASADENA, CA–(Marketwire – October 19, 2010) –  Parsons announced today that Brigadier General Alexander Kozlov, US Army Reserve (USAR), joined its Infrastructure & Technology group as Vice President. In this role, Mr. Kozlov will support Parsons’ projects in the Pacific Rim.

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Kingsgate Consolidated Limited (ASX:KCN) Seeks Gold Project Opportunities In Southeast Asia And The Pacific Rim

October 14, 2010

Kingsgate Consolidated Limited (ASX:KCN) Seeks Gold Project Opportunities In Southeast Asia And The Pacific Rim

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Video: Pimco’s Gross Says Capitalism Is Under `Relative Siege’: Video

October 8, 2010

Oct. 8 (Bloomberg) — Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., discusses quantitative easing. Gross, speaking with Tom Keene and Carol Massar on Bloomberg Radio’s “Bloomberg Surveillance,” sees a “long slog back to prosperity” if a second round of quantitative easing can’t stimulate the U.S. economy. He also discusses bond yields and investment strategy. (Source: Bloomberg)

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Video: Kiesel Favors Bonds Over Stocks on Less Volatility Risk: Video

October 7, 2010

Oct. 7 (Bloomberg) — Mark Kiesel, global head of corporate bond portfolios at Pacific Investment Management Co., talks about strategy for the fixed-income market and bond versus stock investments. Kiesel speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)

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ERM Announces New Hire for Asia Pacific Region

October 5, 2010

HOUSTON, TX–(Marketwire – October 5, 2010) –  Rajiv Grover has joined ERM as the Director, Performance and Assurance focused on the Oil and Gas Sector for ERM’s Asia Pacific Region. Mr. Grover comes to ERM with over 25 years of experience in refining, petrochemicals, and chemicals businesses with varying roles in environmental engineering and compliance, general management, project management, operational leadership, and business development. In his previous role, Mr. Grover was the Environmental Program Director in BP’s US Refining and Logistics Team. 

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Video: Gundlach Pans Pimco’s `New Normal’ Concept for Economy: Video

October 5, 2010

Oct. 5 (Bloomberg) — Jeffrey Gundlach, chief executive officer of DoubleLine Capital LP, discusses the “new normal” phrase used by his rivals at Pacific Investment Management Co. to describe the post-financial crisis world. Bloomberg’s Erik Schatzker reports. (Source: Bloomberg)

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Video: Kiesel Says Pimco Favors Emerging Market Corporates: Video

September 27, 2010

Sept. 27 (Bloomberg) — Mark Kiesel, managing director and global head of corporate bond management at Pacific Investment Management Co., talks about his investment strategy for U.S. banks and emerging market corporate bonds. Kiesel talks with Margaret Brennan on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

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Cathay Pacific orders 30 planes from Airbus

September 18, 2010

Cathay Pacific orders 30 planes from Airbus

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Video: Faucette Rates RIM `Sector Perform’ on Market Share: Video

September 16, 2010

Sept. 17 (Bloomberg) — James Faucette, equity analyst at Pacific Crest Securities in Portland, Oregon, talks about Research In Motion Ltd.’s financial results. The maker of the BlackBerry smartphone reported second-quarter revenue and profit that beat analysts’ estimates on rising demand for advanced phones that can surf the Web and manage e-mail. (Source: Bloomberg)

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