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Schools request sidewalks be added along Airport Road
With more than 2,500 high school and elementary students criss-crossing various sections of Airport Road during any given school day, it's nothing short of a miracle no one has ever been killed on this hectic stretch of roadway, says Coun. Gary Scripnick. "We've been very fortunate no one has been killed ... we have to consider how do we make this a safe area," Scripnick said Monday during the first city council meeting of 2008.
Pending a forthcoming report from the city's engineering committee, the majority of council more or less committed to installing a sidewalk along one side of Airport Road as part of a project approved in late 2007 to resurface that roadway between Lafleur Drive and Th‚riault Boulevard.
There are approximately 1,000 students each at Timmins High & Vocational School and cole secondaire catholique Th‚riault and another 500 attending R. More>>
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PAREXEL Names Biopharmaceutical Industry Executive Eduard E. Holdener ...
BOSTON, Jan. 9 /PRNewswire-FirstCall/ -- PAREXEL International Corporation (NASDAQ: PRXL) , a leading global bio/pharmaceutical services organization, today announced that Eduard E. Holdener, M.D., formerly Head of Global Pharmaceutical Development at F. Hoffmann-La Roche, Ltd., has been elected to its Board of Directors. Dr. Holdener was recently appointed to the role of non-executive Chairman of NovImmune. The biotechnology Company develops new therapeutic agents in the field of immune-related disorders and inflammation.
"With 22 years of biopharmaceutical industry experience, which has included managing global operations and overseeing global drug development during the past nine years for a major pharmaceutical company, Dr. Holdener will be an excellent addition to PAREXEL and our Board of Directors," said Josef von Rickenbach, PAREXEL's Chairman and Chief Executive Officer. More>>
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IPG Break Up Value Not So Tempting for Shareholders
Interpublic Group of Companies Friday said it was posting a fresh $500 million hit to earnings as it restated its financial results since 2000. The continued drag on IPG's financials, plus the loss of recent business, has had some wondering if the ad agency holding company might be worth more to shareholders busted up than held together. Ad Age calculated that IPG would be worth about 6.3 billion broken up, not that much more than the $5.8 billion its worth today figuring debt, preferred stock and cash. Remarkably, AA figures that Lowe Worldwide is worth but $300 million. Former chairman Frank Lowe spent more than that in IPG stock just acquiring overseas agencies and Formula One racing properties in the 1990s. Then again, he also spent, by one account, $15,000+ for a single men's room door in his former NY headquarters (it was solid cherry and walnut). More>>