MIRA INFORM REPORT

 

 

Report Date :           

10.08.2011

 

IDENTIFICATION DETAILS

 

Name :

PALMIERI SPA

 

 

Registered Office :

Via Industria 58, Silla, Gaggio Montano, 40041

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

30.01.1986

 

 

Com. Reg. No.:

03559340371

 

 

Legal Form :

Public Independent

 

 

Line of Business :

Construction and Agriculture Machinery

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

----

 


NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Italy

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

Company name & address 

 

Palmieri SpA

Via Industria 58

Silla

Gaggio Montano, 40041

Italy  

Tel:       +39 0534 32511

Fax:      +39 0534 32501

 

 

Synthesis  

 

Employees:                  105

Company Type:            Public Independent

Incorporation Date:         30-Jan-1986     

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2009

Reporting Currency:       Euro

Annual Sales:               40.0

Total Assets:                46.7

 

 

Business Description     

 

Palmieri SpA is primarily engaged in manufacture of machinery for mining; manufacture of earth-moving equipment;and manufacture of equipment for concrete crushing and screening and roadworks.

 

Industry

Industry            Construction and Agriculture Machinery

ANZSIC 2006:    2462 - Mining and Construction Machinery Manufacturing

NACE 2002:      2952 - Manufacture of machinery for mining, quarrying and construction

NAICS 2002:     3331 - Agriculture, Construction, and Mining Machinery Manufacturing

UK SIC 2003:    2952 - Manufacture of machinery for mining, quarrying and construction

US SIC 1987:    3532 - Mining Machinery and Equipment, Except Oil and Gas Field Machinery and Equipment

 

           

Key Executives   

 

Name

Title

Silvano Palmieri

President

Alessandra Palmieri

Vice president

Stefano Palmieri

Managing director

 

News   

 

Title

Date

Digital Revolution Studios Wins Prestigious 2011 Telly Award
Entertainment Newsweekly (417 Words)

13-Jul-2011

Frank Palmieri Joins Lincoln Financial Advisors
PR Newswire US (356 Words)

6-Jul-2011

A taste for foot traffic Bordentown merchants are using the city's charm -- and eateries -- to bring in more visitors
Trenton Times (NJ) (551 Words)

3-Jul-2011

Beantown Coins offers Grand Opening promotional deals and discounts on rare coins
PR Web (394 Words)

30-Jun-2011

Oliver Byrne takes All-Star Game: OLD-TIMERS GAME ROUNDUP
Staten Island Advance (NY) (486 Words)

26-Jun-2011

 

 

 

Registered No.(ITA): 03559340371

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7190468

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855

 

 

Corporate Overview

 

Location

Via Industria 58

Silla

Gaggio Montano, 40041

Italy

Tel:       +39 0534 32511

Fax:      +39 0534 32501

           

Sales EUR(mil):             28.7

Assets EUR(mil):           32.6

Employees:                   105

Fiscal Year End:            31-Dec-2009

Industry:                        Construction and Agriculture Machinery

Incorporation Date:         30-Jan-1986

Company Type:             Public Independent

Quoted Status:              Not Quoted

Registered No.(ITA):       03559340371

Managing director:         Stefano Palmieri

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

2462     -          Mining and Construction Machinery Manufacturing

 

NACE 2002 Codes:

2952     -          Manufacture of machinery for mining, quarrying and construction

 

NAICS 2002 Codes:

3331     -          Agriculture, Construction, and Mining Machinery Manufacturing

 

US SIC 1987:

3532     -          Mining Machinery and Equipment, Except Oil and Gas Field Machinery and Equipment

 

UK SIC 2003:

2952     -          Manufacture of machinery for mining, quarrying and construction

 

Business Description

Palmieri SpA is primarily engaged in manufacture of machinery for mining; manufacture of earth-moving equipment; and manufacture of equipment for concrete crushing and screening and roadworks.

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

28.7

Assets:

32.6

Current Assets:

29.7

 

Total Liabilities:

32.6

 

Net Worth:

21.5

 

 

 

Date of Financial Data:

31-Dec-2009

 

1 Year Growth

7.6%

NA

 

 

Key Corporate Relationships

Bank:

Banca Nazionale del Lavoro Ag, Monte dei Paschi di Siena Ag, Intesa SanPaolo Ag

 

 

 

 

 

 

 

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Silvano Palmieri

 

President

President

 

Stefano Palmieri

 

Managing director

Managing Director

 

Alessandra Palmieri

 

Vice president

Other

 




Digital Revolution Studios Wins Prestigious 2011 Telly Award

 

Digital Revolution Studios

 

Entertainment Newsweekly: 13 July 2011

[What follows is the full text of the news story.]

 

Stereoscopic 3D and 2D production company Digital Revolution Studios (DRS) won its first Telly Award for the "Use of 3D" in Bullproof. The original series, Bullproof, which premiered May 5, 2011 on the 3D channel, 3net (a joint venture of Sony, Discovery and IMAX), is an innovative television series, being the first "sportumentary" series to be filmed entirely in 3D. Not only does Bullproof incorporate the use of groundbreaking technology, but Bullproof is an action-packed, adventure-filled series. For a sneak peek of Bullproof, see the video below. http://www.youtube.com/watch?v=efL1nwzs79A&feature=share Accepting the Bronze 2011 Telly Award for DRS is the Director of Bullproof, Craig Tanner, and Stereoscopic Supervisor, Wayan Palmieri. "Bullproof was a lot of fun to work on. From needing to engineer a cost-effective, lightweight 3D rig that was easy for one cameraman to maneuver when a 2,000 pound bull was charging at him, this production gave DRS the ability to shine," said Tanner, President of DRS. "It took a great team, and I wish I could name all the 50+ team members that worked on this show."

 

Perhaps the foremost reason for Bullproof winning a 2011 Telly Award is that the DRS creative team prioritized how stereoscopic 3D, both live action and visual effects, including 2D-3D conversion, could better tell the heroic stories behind the bullfighters' efforts to save the bullriders. "The 'run and gun' style of filming necessary for this action-packed show pushed the limits of what was possible in 3D," added Palmieri, DRS Stereoscopic Supervisor. Digital Revolution Studios and Wild Eyes Productions co-produced the series Bullproof with 3net. "Without the unfailing dedication of Wild Eyes Producer, Aaron Bowden and the crucially important creative input from 3net Vice President, Production and Development, Tim Pastore, this Telly Award would have been impossible. We are thankful for the whole team," said Gina Light Tanner, CEO of DRS and executive producer of Bullproof. About DRS: Digital Revolution Studios (DRS) is a leading authority and innovator in high quality stereoscopic 3D (S3D). DRS is on the forefront of all aspects of S3D, including low to high budget 2D-3D conversion, live action capture, sound design/mix, visual effects, graphics and cutting-edge post-production techniques. Founded by the Visual Effects Editor of AVATAR, Craig Tanner, DRS is a team of award-winning industry professionals with a combined experience of over 60 years as leaders in stereoscopic 3D technology and production. DRS has a reputation for pioneering new technology to expand the use of 3D in productions, including TV and features.

 

Frank Palmieri Joins Lincoln Financial Advisors

 

PR Newswire US: 06 July 2011

[What follows is the full text of the news story.]

 

PHILADELPHIA, July 6, 2011 /PRNewswire/ --Lincoln Financial Advisors (LFA), a retail broker-dealer and registered investment advisor associated with Lincoln Financial Group (NYSE: LNC), announced today that Frank Palmieri is joining Lincoln and will be heading a Regional Planning Office in Long Island, New York. Mr. Palmieri has more than 40 years of experience in the financial services industry and has been the recipient of numerous prestigious industry awards including the GAMA International Management Award at the Diamond level for five straight years.

 

(Logo: �http://photos.prnewswire.com/prnh/20050830/LFLOGO)

 

"The addition of Mr. Palmieri is one of the latest examples of an ongoing commitment to aggressive growth by Lincoln Financial. The expertise and unique suite of services that Mr. Palmieri offers adds another important dimension to LFA's range of services," said Christopher Flint, senior vice president and head of advisor recruitment for Lincoln Financial Network.

 

"Adding Mr. Palmieri to our team underscores our Serve First culture and focus on client needs," said David Berkowitz, senior vice president and head of Lincoln Financial Advisors. "We are excited that he has joined our company and we will continue to build our network and enhance our services to help financial advisors assist clients in reaching their financial goals."

 

About Lincoln Financial Advisors

Lincoln Financial Advisors Corp. is the financial planning division of Lincoln Financial Group and is a member of both FINRA and SIPC. Lincoln Financial Advisors' professionals offer planning and advisory services, retirement services, life products, annuities, investments, and trust services to affluent individuals, business owners and families.

 

About Lincoln Financial Group

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $162 billion as of March 31, 2011. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability income insurance; 401(k) and 403(b) plans; retirement savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com. �

 

A taste for foot traffic Bordentown merchants are using the city's charm -- and eateries -- to bring in more visitors

 

Trenton Times (NJ): 03 July 2011

[What follows is the full text of the news story.]

 

Downtown merchants are trying to generate more foot traffic and revenue in their one-square-mile area by using the city's natural charm to attract visitors, though at least one business district booster sees the location as both a blessing and a curse when it comes to luring tourists.

 

"We're hemmed in by the river and the highway," said Doug Palmieri, president of Downtown Bordentown Associates and owner of The Old Book Shop of Bordentown. "The highway acts as a barrier, but also keeps Bordentown quiet, walkable, pleasant and quaint. We're the place that people like to come to on a Friday, Saturday, or Sunday."

 

That view of Bordentown was put to the test June 24, when the historic river city bustled with residents and first-time visitors who ventured to the first "Taste of Bordentown City." Event-goers strolled up and down Farnsworth Avenue, where restaurants, boutiques and galleries line both sides of the street.

 

The event was part of a new partnership between the Downtown Bordentown Association and AC Marketing geared toward bringing more visitors downtown.

 

"The economy has affected the small businesses of Bordentown City," said April Sette, who was hired, along with her business partner, Cathy Campbell, by the city in October to help promote the businesses. "Creating events and additional marketing campaigns is an initiative to bring awareness to the small businesses and boutiques," she said.

 

Touting the city's charm, Palmieri said the businesses have largely stayed afloat despite the economic downturn and rising gas prices. Though he counted a half-dozen vacancies, he said Bordentown has recently had five grand openings.

 

Matthew McElmoyl, owner and chef of Oliver: a Bistro, said that nearby vacancies have hurt business for years.

 

"When no one is next door to you, it just looks like a dead, broken-down town," he said. But with the opening of new stores, "the town is coming back to life."

 

AC Marketing's efforts have helped spread the word about Bordentown's thriving main street, Palmieri said.

 

"Most people, once they come, they return," Sette said.

 

The event last weekend drew hundreds of people, Palmieri said.

 

"We had to cut off ticket sales after 500," he said of the unexpected crowd, adding that visitors who couldn't buy "Taste of" tickets still wandered through the area.

 

Palmieri said a straw poll of visitors estimated that more than 60 percent were from out of town.

 

"(The event) helped to reintroduce us to the surrounding areas," he said.

 

Ruben Sierra, manager of Toscano Ristorante, said that it will spur business across the town.

 

"It brings new people to see the town and try different wares all across the row," he said.

 

Hamilton and Trenton have also achieved success after holding similar events.

 

John Strycharz, chairman of the Hamilton Township Economic Development Commission and organizer of the annual "Taste of Hamilton," said the distribution of coupon books helped to stimulate business for the participating restaurants after the event.

 

In Trenton last year, many restaurants participated in New Jersey Restaurant Week for the first time, offering patrons a percentage off the check, complimentary dessert and coffee, or prix-fixe menu, said Candice Frederick, tourism marketing manager for Destination Trenton.

 

An "Eat Trenton!" event, held in mid-March at The College of New Jersey, introduced students to city restaurants. Both events, Frederick said, brought more patrons to the restaurants.

 

Beantown Coins offers Grand Opening promotional deals and discounts on rare coins

 

PR Web: 30 June 2011

[What follows is the full text of the news story.]

 

Boston, MA (PRWEB) June 30, 2011

Beantown Coins is a newly established rare coin website. Their founder, David Leventhal (formerly of J.J. Teaparty, Boston's oldest and largest coin dealers) has over 30 years of numismatic experience. David has decided to reach out with a new web presence online, and BeantownCoins.com was born. He brings an already established reputation as a sharp grader and trustworthy wholesaler to his "newly minted" online coin retail enterprise.

 

In an effort to quickly expand their inventory and establish a web presence, they have recently increased the levels they'll pay when buying from the public by over 25%. According to manager Joe Palmieri, "We believe that the dependability and integrity with which we operate, and the Beantown Community will keep new customers coming back forever." The founder of Beantown Coins, David Leventhal, gained his experience while employed at J.J. Teaparty. The founder of J.J. Teaparty, when asked what he thought about Beantown's newest promotion, said, "Their prices were low already. They must really want to get the word out that they're here, and they're staying."

 

To further aid in welcoming "coinies" to Beantown, for a limited time Beantown Coins will consider their list prices to be negotiable. Find an item # and contact them with your offer. Feel free to browse their inventory often, as it changes weekly.

 

About Beantown Coins:

Beantown Coins was established in 2011 as a way for their proprietor to share his unique inventory and the skill of his staff with the general public. David Leventhal, the son of a coin dealer, has himself been a full-time numismatist (coin dealer) since 1979. David's father, Edwin Leventhal founded, and operated for over 30 years, J.J. Teaparty, Boston's oldest and largest rare coin dealers. Before it's sale to new owners, David was employed at J.J. Teaparty by his father in all aspects of numismatics, including acting as an agent for buyers at auction. He has extensive experience in all categories of rare and collectible coins and brings his skill in grading to verifying their entire inventory. According to manager Joe Palmieri, "We will continue to represent the high standards of generations of merchants of our trade, and we will soon become a major presence in rare coins, online. Welcome to Beantown!"

 

Oliver Byrne takes All-Star Game: OLD-TIMERS GAME ROUNDUP

 

Staten Island Advance (NY): 26 June 2011

[What follows is the full text of the news story.]

 

Carl Regina pitched Oliver Byrne to a 5-4 win over Giedel Nick Sweeney in the South Shore Softball Association All-Star Game yesterday.

 

YOUTH FOOTBALL

 

NFC triumphs

 

The NFC topped the AFC 26-22 in the USYL NFL 12s All-Star Game.

 

FAST-PITCH SOFTBALL

 

Panthers take two

 

NEWTOWN, Pa. - Antoinette Galbo's winning RBI double in the bottom of the seventh inning helped the New York Panthers Elite 18s defeat Conklin Raiders 2-1 in their second game at the New Town Rocks College Showcase. They defeated the Long Island Sudden Impact 3-1 in their first game on the day. Jackie Cautela pitched for the victory.


NUTLEY, N.J. - Melanie Palmieri and Stephanie Abolt combined for 13 hits as the New York Panthers Red 14s won three games at the Cobra Clash. Amanda Bassano picked up the win as they defeated the New Jersey Cobras 10-3. Amanda Grant had the other two wins in their victories against the New Jersey Cobras Silver, 14-0, and against the North Jersey Outlaws, 8-0.

 

YOUTH BASKETBALL

 

Rebels escape with win

 

HERSHEY, Pa. - Patricia Conroy (17 points) sank a free throw in overtime and Cameron Corbert (nine points) forced the extra session with a 3-pointer at the end of regulation as the Staten Island Rebels edged the Connecticut Heat 39-38 in a U.S. Junior Nationals 11s pool game.

 

In 12s play, Kerry Egan scored 13 and Liz Bruno added nine to lead the Staten Island Diamonds to a 5-14 victory over the Connecticut Heat.

 

Domenique Toussaint scored 14 and Kelli Yorks had 12 to lead the Staten Island Diamonds to a 53-30 win over DM Panthers.

 

Brooke Diaz (11 points) led the offense and Gerry O'Brien led the defense as the Mavericks defeated the S.I. Heat 22-14 in a Trucks Basketball League 10s game.

 

SWIMMING

 

Vellucci tops in age group

 

ASBURY PARK, N.J. - Eltingville resident Marie Vellucci clocked a time of 29 minutes, 30 seconds to place first in her age group of 60-69 at the Asbury Park Ocean Mile. Vellucci was 114th out of 180 overall.

 

She placed first overall in the 60-69 age group with a time of 25:02 at the Lady Liberty Swim off Liberty Island. Vellucci was 99th overall out of 236 competitors in the 1.2-kilometer race.

 

Ed Mulligan was 105th overall with a time of 25:26.

 

ROAD RACING

 

Liebowitz finishes

 

Ruth Liebowitz, who competes for the Millrose AA, finished the five-mile Gay Pride Run in Central Park with a time of 49 minutes, 12 seconds.

 

Front Runners NY Lesbian/Gay Pride 5K

 

Richmond Rockets: Amy Eshleman, 44:29; Brian Thomson 45:40; Nancy Wagner-Wetzel 47:52; Lisa Lubarsky 48:39; Maria Gelabert 51:12; Dawn La Tourette 51:38; John La Tourette 54:59; Gary Aneis 1:14:28.

 

Bay Ridge Challenge

 

SIAC: Steve Thomas and Josh Pesin 29:44.

 

Bay Ridge 5-K

SIAC: Amy Lenza 25:10.

 

Three local tales of creativity

 

Caulfield Glen Eira/Port Philip Leader (Australia): 13 June 2011

[What follows is the full text of the news story.]

 

A FUSION of different creativity is what three local artists hope to portray in their new exhibition.

 

Anna Minardo, her son Mauro Palmieri and their friend Jurgen Loos each have unique stories to tell.

 

Minardo was born in Italy where she studied at the American Academy of Fine Arts and the Faculty of Architecture in Rome.

 

She was an interior designer in North America and is interested in art and architecture, in particular painting, sculpture, mosaic, graphics and the design of space.

 

``People often ask me `why mosaics?' . . . my aim is to get them to use their imagination,'' she said.

 

Her photographer son grew up at his mum's studio and said he had never thought of a career outside the creative industry. His exhibits were a form of street art inspired by posters and ``combined with the sensuality of a woman and (her) energy''.

 

Loos was born in Germany where he completed a master's degree in ceramics, exhibiting his sculptures and jewellery throughout Europe.

 

Fusion is at the Obscura Gallery, 285 Carlisle St, St Kilda East, until June 20.

 

A higher calling

 

Daily News of Newburyport (MA): 11 June 2011

[What follows is the full text of the news story.]

 

June 11--AMESBURY -- Michael Farrell was a college dropout who began a profitable career in computer networking. He listens to rock and alternative music. He's a movie buff. He likes Stephen King novels.

 

This might not be the typical introduction to a priest, but it's a snippet on Farrell, 37, who was ordained a priest last month by Cardinal Sean O'Malley.

 

Farrell's first assignment as priest is to work under the Rev. Louis Palmieri of Holy Family Parish in Amesbury and Star of the Sea Church in Salisbury.

 

"I don't have a lot of experience on the North Shore," Farrell said. "I'm trying to find my way around. It's a beautiful area."

 

Farrell moved into the rectory behind Holy Family ChurchJune 1 and is getting used to doing all the things priests do: hearing confession, working with parishioners and celebrating Mass.

 

As part of each Mass, Farrell has to write a homily that has to do with the church's selected reading for that week.

 

Farrell doesn't only have to get used to thinking about what to say and writing it down but also speaking before an audience.

 

"I still get a little nervous about that. I've been told that will fade over time," Farrell said. "When you get up for a homily, you're hopefully communicating something that's not too esoteric, not too confusing, yet not something that they've heard 50 million times."

 

Farrell has a lot to work with: 2,000 years of religious history and the divine mysteries of the church.

 

He tries not to make his homilies too long and hopes they give parishioners something to think about and pray about.

 

The two priests will be alternating which church they will be saying Mass at each week. One week, Farrell will be in Amesbury while Palmieri is in Salisbury. The following week, they will switch.

 

Becoming a priest is something Farrell has known he wanted to do since he was 25 years old.

 

It took him four more years to finally decide to go to school. He was 29 when he enrolled at St. Charles Borromeo Seminary near Philadelphia for his undergraduate studies. He then entered St. John's Seminary in Boston.

 

Born and raised in Charlestown, he lived there until he was 9 before moving to Brockton.

 

He graduated from high school in 1992 and went to Wentworth Institute of Technology in Boston to become a computer engineer. He realized after one semester that wasn't what he wanted to do.

 

It was also during this time that Farrell's family fell on hard times. He dropped out of college and began working in computer networking.

 

"I would say for a lot of people to see the collar and see that I'm a priest that actually knows a lot about computers has surprised a few people," Farrell said.

 

To see more of The Daily News or to subscribe to the newspaper, go to http://www.newburyportnews.com/.

 

For more information about the content services offered by McClatchy-Tribune Information Services (MCT), visit www.mctinfoservices.com, e-mail services@mctinfoservices.com, or call 866-280-5210 (outside the United States, call +1 312-222-4544)

 

Once a Cal Poly headliner, Dianne Reeves to star at this weekend's Playboy Jazz Festival

 

Inland Valley Daily Bulletin (CA): 09 June 2011

[What follows is the full text of the news story.]

 

June 09--Dianne Reeves, the sultry songstress who played a Cal Poly Pomona concert with a $2 admission before she achieved international stardom, will headline the 33rd annual Playboy Jazz Festival with blues guitar giant Buddy Guy this weekend.

 

The eclectic lineups for the Saturday and Sunday shows at the Hollywood Bowl represent a diverse array of artists pushing the boundaries of jazz while simultaneously respecting the straight-ahead, blues and bebop roots of the original American art form.

 

Reeves leads the 3 to 11 p.m. Saturday show. Guy highlights the 3 to 10:30 p.m. Sunday show. Tickets are still available at Ticketmaster and the bowl box office. Each patron, including children, must have a proper ticket.

 

A limited number of select seats are available for 20 percent off when using the special promotional code, WEBPB11. The code must be entered on the Ticketmaster page when ordering $37.50 tickets to automatically receive the discount.

 

Packed lineup of jazz greats for this weekend's Playboy Jazz Festival

 

Playboy Jazz Festival's Saturday lineup, from 3 to 11 p.m. at the Hollywood Bowl, features Dianne Reeves, The Roots with guest trumpeter Terence Blanchard, Eddie Palmieri Salsa Orchestra, trumpeter Ambrose Akinmusire, the Los Angeles Unified School District All-City High School Big Band directed by Tony White and J.B. Dyas, and Fourplay featuring pianist Bob James, bassist Nathan East, pianist Harvey Mason and guitarist Chuck Loeb.

 

The SFJazz Collective will feature Stefon Harris, Avishai Cohen, Greg Osby, David Sanchez, Robin Eubanks, Edward Simon, Matt Penman and Eric Harland celebrating the music of Stevie Wonder. A Night in Treme: The Musical Majesty of New Orleans presents the Rebirth Brass Band and special guests Donald Harrison Jr., Kermit Ruffins, Michael White and Big Sam Williams.

 

The Cosby All-Stars, handpicked favorites of festival master of ceremonies Bill Cosby, features pianist Geri Allen, trombonist George Bohanon, drummer Ndugu Chancler, bassist Dwayne Burno, percussionist Babatunde Lea and saxophonist/clarinetist Anat Cohen.

 

The Sunday show artists, 3 to 10:30 p.m. on Sunday, are Buddy Guy, Lee Konitz New Quartet, guitarists John Scofield and Robben Ford, Naturally 7, Geri Allen and her Timeline Band, Bill Cunliffe and the Resonance Big Band with Mariah Petrescu in a tribute to piano legend Oscar Peterson, Carlos Varela, the Pullum High School Jazz Big Band directed by Fernando Pullum and Harmony 3 with Ronnie Laws, Walter Beasley and Stanley Jordan.

 

"Still Black, Still Proud: An African Tribute to James Brown" features Pee Wee Ellis, Fred Wesley, Vusi Mahlasela.

 

Parking, acceptable container and cooler sizes and additional information are available at the festival hotline, 310-450-1173.

 

Naturally 7 returns by popular demand after its hands-down best-of-show Playboy performance in 2010.

 

Barry Benson, the former Pomona and Claremont resident who handles the a cappella group's online and digital marketing strategies and promotions, described Naturally 7 as a cutting-edge ensemble.

 

"It took a while for one to materialize, but I think Naturally 7 is the next generation of Take 6," Benson opined. "The aggregation founded by brothers Roger and Warren Thomas has seven males with the magnificent pitch of Ella Fitzgerald using their voices as different instruments. They have such great stage presence and are so original in their approach, they get people to focus on what an acoustic bass, a drum, a tenor saxophone, etc. really sound like.

 

"They do a great job of expanding the music and pushing the boundary of creativity. Naturally 7 lets your ears hear something new," Benson added.

 

The other members of Naturally 7 are Rod Eldridge, Jamal Reed, Garfield Buckley, Dwight Stewart and Hops Hutton. The group opened for Michael Bubl during his tour of the United States, Europe and Australia, sang for Montreux Jazz Festival's 75th birthday salute to Quincy Jones and performed before Prince Charles at a London "Royal" Variety show.

 

Reeves, a naturally gifted child, was born into a musical family that included cousin George Duke, a noted jazz and world music pianist, producer and leader; mother Vada Swanson, a trumpeter; and uncle Charles Burrell, a Denver Symphony Orchestra bassist. Her late father was a singer.

 

A child prodigy on piano and voice, Reeves' range is reminiscent of her idol Sarah Vaughan who could sing from baritone to three-octave soprano. Although admittedly influenced by jazz divas Vaughan, Ella Fitzgerald, Billie Holiday, Betty Carter and Carmen McRae, her signature sound uniquely creates something new from the nuances of her fabulous favorites.

 

Bennie Williams, her junior high school choir teacher in Denver, encouraged Reeves to develop the full spectrum of her vocal abilities, embrace music with no boundaries and use her singing voice as a voice for social justice whenever she could.

 

The young singer took Williams' advice to heart as a pioneering participant in desegregating Denver schools and performing Aretha Franklin's "Spirit in the Dark" and Edwin Hawkins' gospel song "Joy" to unite racially and culturally diverse students in a school concert.

 

Internationally renowned trumpet master Clark Terry discovered Reeves when she was a 16-year-old vocalist singing at an International Association of Jazz Educators conference. He became her musical mentor.

 

When she performed at Cal Poly, she had one hit single, "My Funny Valentine," and the Los Angeles jazz radio station repeatedly played it, pushing it up the charts and to national attention. Collegiate fans and community jazz aficionados packed the University Union to hear her perform.

 

It was a pattern that has been repeated on world stages as she hit her stride performing and touring with Terry, Sergio Mendes, Harry Belafonte, Billy Childs, Tito Puente and George Duke. Yet, as evidenced whenever she encounters fans from that pre-fame Cal Poly concert, when mentoring talented teens as Monterey Jazz Festival's 2010 artist-in-residence, while taking repeated bows at Carnegie Hall's 120th anniversary gala or interacting with collegians at an UC Riverside show in late April, Reeves remains personally humble and vocally pristine.

 

Guy is one of the most revered blues guitarists of the 20th and 21st centuries. His incredible skills have been lauded by Muddy Waters, his musical mentor, as well as B.B. King, Howlin' Wolf, Junior Wells, Led Zeppelin, Jeff Beck, Jimi Hendrix, Stevie Ray Vaughan, Jimmy Page and Eric Clapton.

 

His flamboyant style, joyous smile and stage presence have made him popular with fans, artists and critics worldwide. Hendrix mimicked Guy when he played guitar with his teeth and over his head. Guy has also played guitar with drum sticks and charismatically charms audiences with his skills and entertaining antics.

 

Guy, a Rock and Roll Hall of Fame honoree who's No. 30 on Rolling Stone magazine's list of the "100 Greatest Guitarists of All Time," is credited as the link between the blues and rock-and-roll. Clapton calls him "the best guitar player alive" and admittedly steals Guy's guitar licks.

 

"Without Buddy Guy, the blues, not to mention rock as we know it, might be a heckuva lot less interesting today," noted a feature in "Guitarist" magazine. "Take the blues out of contemporary rock music -- or pop, jazz and funk for that matter -- and what you have left is a wholly spineless affair. A tasteless stew. Makes you shudder to think about it."

 

Born July 30, 1936 in Lettsworth, La., Guy learned guitar on a two-string diddley bow he made. His Harmony acoustic guitar is now included in the Rock and Roll Hall of Fame collection. Mentored by Muddy Waters when he moved to Chicago, he continues to be the major living embodiment of the Chicago blues style. His Legends' blues club in Chicago still draws prominent musicians who come to jam with Guy.

 

To see more of the Inland Valley Daily Bulletin or to subscribe to the newspaper, go to http://www.dailybulletin.com/.

 

For more information about the content services offered by McClatchy-Tribune Information Services (MCT), visit www.mctinfoservices.com, e-mail services@mctinfoservices.com, or call 866-280-5210 (outside the United States, call +1 312-222-4544)

 

Jacksonville Jazz Fest: A weekend of music, fun

 

Florida Times-Union (Jacksonville, FL): 27 May 2011

[What follows is the full text of the news story.]

 

May 27--Three days, four stages, more than 50 artists, zero dollars to attend -- the annual Jacksonville Jazz Festival offers a broad variety for listeners across the cultural spectrum. The lineup is packed with esteemed musicians. Five of those musicians, who share the festival bill with musical giants such as Herbie Hancock, David Sanborn, George Duke, Marcus Miller, Natalie Cole and Mavis Staples, have answered questions posed by the Times-Union.

 

See their answers here and check our photo galleries from all of the Jazz Festival events.

 

Here's a look at festival's lineup by day.

 

Friday

 

Festival open 4-10 p.m.

 

SWINGIN' STAGE

 

* 5 p.m. Gentlemen of the Night, with Paul Taylor, Marion Meadows and Warren Hill

 

* 7 p.m.John Pizzarelli Quartet with UNF Jazz Ensemble I

 

* 9 p.m.Natalie Cole

 

BREEZIN' STAGE

 

* 5 p.m.Navy Band Southeast's TGIF Band Dixieland Jazz from the Navy's finest.

 

* 6:30 p.m.Pierre & Co.

 

* 8:30 p.m. Global Noize

 

GROOVIN' STAGE

 

* 5 p.m.Dayve Stewart and the Vibe

 

* 6:30 p.m.Joey Calderazzo Trio featuring Orlando Le Fleming and Donald Edwards

 

* 8:30 p.m.Rebirth Jazz Band

 

OLD CHURCH

 

* 6 p.m.Gary Starling Jazz Organization

 

* 8 p.m. Ray Callender Quintet, featuring Doug Carn

 

HYATT REGENCY JACKSONVILLE RIVERFRONT

 

* 10 p.m. 'Round Midnight Jazz Jam, hosted by the Kelly/Scott Quintet

 

Saturday

 

Festival open 11 a.m. to 11 p.m.

 

SWINGIN' STAGE

 

* Noon: Jazz Piano Competition winner

 

* 1:30 p.m.McCoy Tyner Trio with Gary Bartz

 

* 3:30 p.m. Defenders of the Groove

 

* 5:30 p.m. Boney James

 

* 7:30 p.m.Eddie Palmieri Salsa Orchestra with Herman Olivera

 

* 9:30 p.m.Diane Schuur with the Jacksonville Symphony Orchestra

 

BREEZIN' STAGE

 

* 11 a.m.Generation Next Youth Competition, first round

 

* 2 p.m.Generation Next Youth Competition, finals

 

* 4 p.m.B.K. Jackson

 

* 5:30 p.m.Isaac Byrd Jr. and Tribe Judah

 

* 7:30 p.m. Noel Freidline Quintet

 

* 9:30 p.m. Spam Allstars

 

GROOVIN' STAGE

 

* Noon: St. Johns River City Band

 

* 1:30 p.m.Bradford Rogers

 

* 3:30 p.m.Raul Midon

 

* 5:30 p.m. The Flail

 

* 7:30 p.m. "*****es Brew" Revisited

 

* 9:30 p.m.Roy Ayers

 

OLD CHURCH

 

* Noon: Bill Hart Quartet

 

* 2 p.m. Just Jazz Quintet

 

* 4 p.m.John Ricci Organ Trio

 

* 6 p.m. Ethan Bortnick Trio

 

HYATT REGENCY JACKSONVILLE RIVERFRONT

 

* 10 p.m. 'Round Midnight Jazz Jam

 

Sunday

 

Festival open 11 a.m. to 8 p.m.

 

SWINGIN' STAGE

 

* Noon: Douglas Anderson School of the Arts Jazz Ensemble I

 

* 2:30 p.m.Nestor Torres

 

* 4:30 p.m.George Duke, Marcus Miller and David Sanborn

 

* 6:30 p.m.Herbie Hancock

 

BREEZIN' STAGE

 

* Noon: Tropic of Cancer

 

* 2:30 p.m.J.B. Scott's Swingin' Allstars featuring Terry Myers

 

* 4:30 p.m. ArtOfficial

 

* 6:30 p.m.Gordon Goodwin'sBig Phat Band

 

GROOVIN' STAGE

 

* Noon: Joe Baione Quartet

 

* 2:30 p.m. The Wild Magnolias

 

* 4:30 p.m.Mavis Staples

 

* 6:30 p.m. Guitarzzz featuring Chuck Loeb, Chieli Minucci and Paul Jackson Jr.

 

OLD CHURCH

 

* Noon and 2:30 p.m. Sacred Jazz

 

* 4:30 p.m.Von Barlow'sJazz Journey


Annual Profit & Loss

 

                                                                               

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.719047

0.683679

0.730637

Consolidated

No

No

No

 

 

 

 

Total income

41.8

41.1

32.0

Net sales

40.0

40.7

31.2

Other operating income

0.3

0.3

0.3

Raw materials and consumables employed

18.6

15.9

10.6

Other expenses

9.2

9.1

6.5

Total payroll costs

5.6

5.7

4.6

Fixed asset depreciation and amortisation

0.9

0.8

0.8

Other operating costs

0.1

0.2

0.1

Net operating income

7.5

9.4

9.5

Total financial income

0.4

0.7

0.1

Total expenses

0.1

0.1

0.0

Profit before tax

7.8

10.0

9.6

Extraordinary result

-

0.0

0.0

Profit after extraordinary items and before tax

7.3

10.0

9.6

Total taxation

2.0

3.4

3.6

Net profit

5.3

6.7

6.0

 

 

Annual Balance Sheet

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Total stockholders equity

30.9

24.6

19.2

Provision for pensions

0.7

0.8

0.9

Other long-term liabilities

2.2

-

-

Trade creditors

9.8

6.9

7.5

Bank loans and overdrafts

-

2.6

-

Other current liabilities

2.4

2.7

3.1

Accruals and deferred income

0.7

0.5

0.5

Total current liabilities

12.9

12.7

11.2

Total liabilities (including net worth)

46.7

38.1

31.2

Intangibles

1.1

0.0

0.0

Total tangible fixed assets

1.4

1.3

1.6

Long-term investments

0.1

0.2

-

Total financial assets

1.5

0.2

-

Receivables due after 1 year

0.0

-

-

Loans to associated companies

1.4

-

-

Total non-current assets

4.1

1.5

1.6

Finished goods

8.4

7.0

6.0

Net stocks and work in progress

13.0

10.4

8.6

Trade debtors

18.9

16.2

15.4

Other receivables

2.3

1.2

0.9

Cash and liquid assets

6.6

8.3

4.7

Marketable securities

1.4

-

-

Accruals

0.4

0.5

0.1

Total current assets

42.6

36.6

29.6

Total assets

46.7

38.1

31.2

 

 

Annual Ratios

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Sales per employee

0.53

0.63

0.52

Profit per employee

0.10

0.16

0.16

Average wage per employee

0.07

0.09

0.08

Net worth

30.9

24.6

19.2

Number of employees

105

85

85

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.17

UK Pound

1

Rs.73.72

Euro

1

Rs.64.26

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.