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Bergen County Real Estate

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CHICAGO, Feb. 17, 2012 /PRNewswire/ -- On February 15, 2012, the Securities and Exchange Commission (the "SEC") released its final rule regarding Investment Adviser Performance Compensation (the "Rule") pursuant to Section 418 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act").[1]  The Rule increases the assets-under-management ("AUM") and the net worth thresholds for the "qualified client" definition.[2]  According to Section 205(a)(1) of the Investment Advisers Act (the "Act"), registered investment advisers ("RIAs") are prohibited from charging performance fees; however, the SEC provided an exemption under Rule 205-3(a) of the Act, allowing RIAs to charge qualified clients a performance fee, which is also known as the "Qualified Client Rule." (Logo:  http://photos.prnewswire.com/prnh/20100429/CG95838LOGO) Prior to the Rule, a ... (more)

Sharon McCollam, Director, EVP, COO, CFO, Williams-Sonoma, Inc., Receives Hall of Fame Lifetime Achievement Award

SAN FRANCISCO, CA -- (Marketwire) -- 02/17/12 -- The Independent Selection Panel of the Bay Area CFO of the Year Awards announced today Sharon L. McCollam, Director, Executive Vice President, Chief Operating and Chief Financial Officer, of Williams-Sonoma, Inc. as the recipient of the Hall of Fame - Lifetime Achievement Award for 2012. McCollam, along with the finalists and winners in the six other CFO award categories, will be honored at the Seventh Annual Bay Area CFO of the Year Awards on May 30, 2012 at the Westin St. Francis Hotel in San Francisco. The awards dinner is a se... (more)

GE To Open New Technology Center in New Orleans

GE (NYSE: GE) today announced that it will open the GE Capital Technology Center in New Orleans, Louisiana. The center is expected to grow to 300 information technology professionals over the next three years, and focus on developing innovative new software, processes and technologies to drive excellence for its financial services business, GE Capital. This commitment builds on the GE Works event held earlier this week in Washington, DC, where the Company announced 400 new Aviation jobs in the U.S. and a number of programs to promote economic growth in the U.S. “New Orleans has ... (more)

CAPREIT Announces February 2012 Distribution

TORONTO, ONTARIO -- (Marketwire) -- 02/17/12 -- Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) ("CAPREIT") announced today its February 2012 monthly distribution in the amount of $0.09 per Unit. The February distribution will be payable on March 15, 2012 to Unitholders of record on February 29, 2012. To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units. As one of Canada's... (more)

Eucalyptus Launches Enterprise-Class Cloud Test Lab

CoreSite Realty Corporation, a U.S. provider of powerful, network-rich data centers, on Monday announced that Eucalyptus Systems, creators of the most widely deployed on-premise cloud computing platform, has launched a new enterprise-class cloud test lab offering at CoreSite's Bay area data center campus to address the growing demand for cloud computing technologies. The Eucalyptus Cloud Test Lab provides enterprises with a secure, fully functional hosted infrastructure as a service cloud to validate their cloud application migration strategies prior to implementation.  The offic... (more)