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First Bank sale of Texas branches canceled

First Banks Inc. and Sterling Bancshares Inc. said Monday they have terminated the purchase agreement inked taken August 7 by their bank subsidiaries, First Bank and Sterling Bank.

Financial companies said the termination is without penalty to either party and was a mutual decision after it was determined that the transaction could be completed by December 31 as provided in the purchase contract .

First Bank President and CEO Terrance McCarthy, and president of Sterling, president and CEO J.Downey Bridgwater issued a joint statement: "Although we believe that this transaction could still be beneficial to both companies, the current environment has made obtaining regulatory approval of a longer process than anticipated, and we have reached the point where it is in the best interest of both our franchises to terminate the agreement and proceed forward. "

Banks were first announced in August that it planned to sell its 19 branches in Houston, Texas-based Sterling Bank for 30 million dollars.

Fire officials: Determining cause of Padre Island furniture store fire could ...

- The owner of Island Living Furnishings received the first call his insurance agent: his store was on fire but it did not look too bad.

But calls Shawn C. McGregor got while visiting friends in Dallas did not stop there.

In one hour, the fire erupted into flames shooting out of place construction of 15,000 feet.

Friends here who were at a birthday party at nearby Pelican Lounge, was posted on the nearly five hours Blaze.

But even their descriptions were not prepared for what he saw when he arrived in Corpus Christi at 5:15 am Monday.

"It's amazing. It is my shop, and I could not even recognize anything," he said.

Firefighters were called to the shop, 14,330 S. Padre Island Drive, about 8:30 pm Sunday. About 50 firefighters rotating shifts through Sunday evening, fire officials said.

Officials were still steaming off the items in the building until about 10 am Monday.

Rackspace Cloud Service Experiences Outage at Dallas-Fort Worth ...

A performance advisory Apparent Networks released today, the service provider cloud Rackspace has suffered a loss of connectivity at its Dallas-Fort Worth Data Center, December 18, 2009. Access to business services in the data center that has not been possible during the outage, which began at about 4:37 pm Eastern time and lasted about 35 minutes.

The Apparent Networks Performance Advisory is based on information provided by the company Cloud Performance Center, a free service that uses apparent Network pathview Cloud service to test the performance of service providers like Amazon, Google and GoGrid.

The Cloud Performance Center provides real-time and historical data online to help inform the teams performance problems network that could affect the effective delivery of clouds.It includes measures of performance road network "including bandwidth, jitter and latency" for cloud providers based on the destination path that includes the major cities in North America.

To view the Apparent Networks Performance Consultants, which provides details about the service outage Rackspace, please visit: http://www.apparentnetworks.com/cpc/advisories/rackspace-outage-121809.aspx

To speak with experts in Apparent Networks, please contact Dave Bowker or Katerina Korfias at (781) 684-0770 or apparent@schwartz-pr.com.

About Apparent Networks

Apparent Networks is the sole provider of performance management that provides end-to-end service Insight required for applications of clouds today. By experiencing without affecting network performance, road patented solutions company assess the readiness of network monitoring service levels and diagnose problems that are normally hidden from view. Leading companies rely on Apparent Networks to ensure the delivery of applications and broaden their service portfolios with confidence. For more information, visit www.apparentnetworks.com....

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Management Couples Needed - Dallas, TX | WorkingCouples.com

Click here to view the recruitment video rentals

Holiday Retirement is seeking couples and dynamic professionals for career positions in the immediate management of our retirement communities.

Holiday Retirement has been providing seniors, retirement living independently since 1971. Today, Holiday is the first manager of retirement communities in North America with over 300 residences throughout the United States and Canada. With plans for continued growth through the construction and acquisition of retirement communities, vacation expects to remain as the world leader in the main dwelling.

We are dedicated to enriching the lives of our residents. This brings a high sense of satisfaction and accomplishment not often found in other industries and careers.

We are looking for couples management: 401 (k) Retirement Plan and Company Match

The real success of Community Day is the leadership and the atmosphere of care provided by our Resident Management Team.

As a member of a team managing a holiday, you will enjoy the challenge of managing a business can develop and use new skills, strengths and talents.You'll treasure the relationships you develop with others while working for a professional and caring.

It is a way of life characterized by friendship, belonging and true understanding.

Morris Launches Core24: One-stop Resource Links Local Companies to ...

Before Sunny Morris came along, Dallas had 24 great reasons for choosing a professional service provider.

Now one great reason is enough.

Morris has launched Core24, a one-stop resource of top-tier professional service firms in the Dallas-Fort Worth area. Designed to help companies of all sizes locate “best-of-breed” service providers in 24 key business functions, Core24 eliminates the need for the time-consuming search and selection processes required to choose a professional service provider.

“There are nearly 450,000 service providers in Dallas alone,” Morris said. “So it’s virtually impossible for a company to know what firms are considered to be the best in each of the core business services almost every company needs.

“Core24 has done the due diligence required to sift through the thousands of candidates that comprise our local service base, and we’ve identified two dozen firms considered to be among the best in their respective fields. Now companies looking for a proven service partner can call us directly and get a top-tier referral at no charge whatsoever”without wasting their time and resources.”

Core24’s service categories include:

Accounting

Advertising

Book Publishing

Business Banking

Business Litigation

CFO Services

Commercial Real Estate

Employee Benefits

Executive Coaching

Executive Compensation

HRIS/Payroll Processing

Intellectual Property Law

Investment Banking

IT Technology Training

Labor and Employment Law

Life Products

Management Consulting

Public Relations

Risk Management

Sales Training and Development

Search Engine Marketing

Staffing Services

Tax Services

...

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