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    • Delivery room drama: Has birth become a spectator sport?  May 21, 2013
      Expectant moms thankfully no longer have their mother’s delivery room experience, with Don Draper era dads sitting in waiting lounges until a doctor reports that baby has arrived. But the pendulum may have swung too far in the other direction.These days, delivery rooms can be rife with drama as grandparents-to-be vie for the best camera angle, or a mother-in […]
      Jacoba Urist
    • Man kills biggest Burmese python ever in Florida May 21, 2013
      Just call him Python Dundee.A Miami man pulled an 18-foot Burmese python out of roadside brush and wrestled with it for 10 minutes before cutting its head off with a knife.The 128-pound specimen turned out to be the biggest Burmese python ever captured in Florida, besting the previous record by more than a foot, wildlife officials said."I was pretty exh […]
      Tracy Connor, Staff Writer, NBC News
    • How to help Oklahoma tornado victims May 21, 2013
      By Suzanne Choney, Contributing Writer, NBC NewsThe loss of life and stunning devastation in Oklahoma City suburbs after a monster tornado ripped through the area are heart-wrenching. But within hours, relief organizations were getting out the message on how to help.American Red CrossThe Red Cross has set up shelters in various communities. You can donate to […]
      U.S. News
    • 'Confirmed casualties' at Oklahoma school flattened by tornado, fire chief says May 21, 2013
      There are "confirmed casualties" at an elementary school that was flatted by a tornado Monday, and rescuers were searching for survivors in the rubble as night fell, officials said.Several children and teachers were pulled alive from the ruins of Plaza Towers Elementary School in Moore after the building took a direct hit Monday afternoon.A little […]
      Tracy Connor, Staff Writer, NBC News
    • How to help tornado victims May 21, 2013
      By Devin Coldewey, Contributing Writer, NBC NewsThe tornadoes in Oklahoma, Texas, Kansas and other states are wreaking havoc, but relief efforts are underway. Local schools, churches and community organizations lucky enough to escape damage are coordinating food and shelter for displaced residents and accepting donations of food, blankets and other much-need […]
      U.S. News

Where Not to Look for a Job (Yet)

Jun. 22 2011 – 9:51 am | 1,553 views | 0 recommendations | 0 comments
Posted by Brad Schaefer, courtesy of Forbes.com

While sales have increased for most industries over the past 12 months, there are businesses that still haven’t begun to see the light of recovery.  The list below, which is dominated by real estate-related industries, can serve as the top places not to look for a job in 2011.

Top 5 Sales Declines
Last 12 Months’ Sales Growth

Source: Sageworks, a financial information company, 6.21.2011

1. Land Subdivision -9.9%
2. Motion Picture and Video Industries -5.6%
3. Nonresidential Building Construction -3.8%
4. Architectural and Structural Metals Manufacturing -2.9%
5. Foundation, Structure, and Building Exterior Contractors -2.4%

Link to Full Article

Top 5 Industries that Can’t Cover Their Debt

Jul. 12 2011 – 12:41 pm | 1,267 views | 0 recommendations | 0 comments
Posted by Brad Schaefer, courtesy of Forbes.com
 
While there are several industries in which privately-held businesses are struggling to earn enough to cover their debts, Sageworks has identified the five industries struggling the most.  To determine a company’s ability to pay its debt, corporate credit analysts claim that a company’s debt should not be more than five times its Earnings Before Interest, Taxes, Deprecation, and Amortization (EBITDA; the preferred metric used to calculate a company’s income).According to Harry Domash, a leading expert in the investment field, “If the debt to EBITDA ratio exceeds a predetermined level, typically seven or eight, it can trigger a loan repayment demand from the lender.  A repayment demand is a big deal, and can cause a company to fail.”  Even if the company doesn’t fail, it will be difficult for them to secure a loan.  Considering that these industries listed below have an average during the past twelve months of at least 7.9, the overall health and sustainability of businesses in these industries may be in jeopardy.

 

Debt to Income (EBITDA) for the Past Twelve Months
Source: Sageworks, a financial information company, 7.12.2011

NAICS Code – Industry Debt to EBITDA
5311 – Lessors of Real Estate 8.9
7211 – Traveler Accommodation 8.7
6233 – Community Care Facilities for the Elderly 8.6
4411 – Automobile Dealers 8.4
2372 – Land Subdivision 7.9
 
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