| Partly cloudy weather forecast for Quetta
QUETTA, April 1 (APP) :Regional Met Office has forecast partly cloudy weather in Quetta valley and its surroundings during the next 24 hours. Maximum temperature on Sunday was recorded here at 23.5 degree Celsius while the minimum at 4.0 degree Celsius. Humidity remained 38%. On Monday, the maximum temperature is expected to remain between 16 to 18 degree Celsius while the minimum between 03 to 05 degree Celsius. The highest maximum temperature was recorded in Balochistan as 36.0 degree Celsius at Turbat and the lowest minimum temperature as 2.0 at Kalat. .
Company Notes: News about Tampa Bay area companies
Pyper Paul + Kenney PP+K, 1121 E Twiggs St., Tampa, has been named one of the top three creative agencies in the United States in the American Association of Advertising Agencies (AAAA) 2007 O'Toole Awards for Creative Advertising. PP+K won in the small agency category and will receive the Brass AAAA Pyramid Award at the AAAA National Management Conference. ARCHITECTURE Willingham Architecture, 1698 Manor Way, St. Petersburg, announces its contract with the Dermatology Institute of Southwest Florida, Venice, to provide design and project management services for a 5,000-square-foot surgery center and clinic. CONSTRUCTION FishHawk Ranch, 16144 Churchview Drive, Suite 113, Lithia, has been named one of the nation's best communities by Professional Builder magazine and the National Association of Home Builders and received the Best in American Living award for communities with more than 151 homes.
Banking on better budgeting
What sort of organisations should help people with budgetary advice, and should banks be leading the charge to keep a lid on consumer spending? Westpac's Ann Sherry has been on a crusade that appears to turn conventional wisdom on its head. The former boss of New Zealand's second-biggest bank says institutions like hers have to play a bigger role in helping people micro-manage their money and avoid debt traps. Though the banking ombudsman and budgeting groups are behind bank moves to help improve spending patterns and restrain wasteful habits, they also point the finger at the banks for having been too open with their purse strings driving profligate spending and interest rate rises that might yet hurt the economy. Ms Sherry, who last month left her job as Westpac New Zealand chief executive, says Kiwi children and even some of their parents have lost the skills needed to budget for a family.
AXA Private Equity acquires majority stake in FLEX Group
AXA Private Equity has acquired a majority stake in FLEX Group, a German manufacturer of hand-held power tools, from New York-based investment advisor GSO Capital Partners. The remaining stake has been bought by the current management team. Founded in 1922, FLEX is a developer and manufacturer of professional-grade power tools used primarily in metal-working, stone-working, masonry and concrete. FLEX employs 230 people and had a turnover of around 60m in 2006, according to a statement. The company recently set up an additional sales entity in the US.
Prior to its acquisition by GSO Capital Partners in November 2005, FLEX was part of the Black & Decker Group.
AXA Private Equity is an AXA Investment Managers company that manages and advises private equity funds with assets in excess of 10bn.
|
