Archive for the ‘Health and Fitness’ Category
RLPC-Fitness First attracts distressed fund Oaktree
Posted: February 18, 2012 at 9:31 am
LONDON, Feb 17 (Reuters) - Distressed investment funds including Oaktree Capital are buying up debt and building a position in health club operator Fitness First, adding pressure on owner BC Partners' ability to restructure the company's debt, bankers said on Friday.
A number of lenders are selling out of the company, which has started talks to restructure its approximate 600 million pounds ($948 million) of loans, bankers said.
Distressed investors specialise in buying ailing companies' debt, often pursuing a 'loan to own' strategy with the intention of gaining control of a company in a restructuring
Oaktree acquired 45 million euros ($58.69 million) of Fitness First loans this week, at a discount of around 65 percent of face value, the bankers said. Oaktree is approaching other lenders willing to sell, the bankers added.
BC Partners declined to comment. No one at Oaktree Capital was immediately available to comment.
Last week about 39 million Australian dollars ($41.79 million) of Fitness First's loans traded at around the same discount. [ID: nL5E8DABAG]
RESTRUCTURING UNDERWAY
Distressed debt specialists and secondary loan traders attended a bank meeting last Thursday where the company discussed its first-quarter breach of covenants and its debt maturities after BC Partners failed to sell parts of the business last year to repay its debt.
The company needs to refinance or extend maturities on its loans, which fall due this and next year, according to Thomson Reuters LPC data. BC Partners hired advisors from Rothschild to restructure its debt, bankers said.
BC Partners bought Fitness First in 2005 for 1.2 billion euros ($950 million). It tried to float the Australian and Asian operations in Singapore last year but the IPO - also run by Rothschild - was pulled in September due to market volatility. ($1 = 0.7668 euros) ($1 = 0.9331 Australian dollars) ($1 = 0.6323 British pounds) (Editing by Greg Mahlich)
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RLPC-Fitness First attracts distressed fund Oaktree
In Motion O.C. is Hosting a Special Health and Hydration Seminar with Shan Stratton in Irvine, California on March 1 …
Posted: at 9:31 am
On March 1, 2012, In Motion O.C. will be hosting a special seminar on health & hydration, which will be conducted by nutritional consultant, sports supplementation specialist and internationally renowned motivational speaker, Shan Stratton.
Irvine, CA (PRWEB) February 18, 2012
In Motion O.C. is a state of the art physical therapy, fitness and wellness center in Irvine, California. On March 1, 2012, In Motion O.C. will be hosting a seminar on health and hydration with special guest, Shan Stratton.
Shan Stratton is known internationally as the nutritionist to the pros. Shan is a nutritional consultant, a sports supplementation specialist and a renowned motivational speaker.
He’s consulted with teams such as the New York Yankees, Boston Red Sox and Miami Heat regarding sports supplementation. Shan has also performed one-on-one nutritional training with hundreds of athletes such as legendary Hall of Famer, Reggie Jackson and 5-time Cy Young winner, Randy Johnson.
Those attending this unique seminar will learn about why nutrition and hydration go hand in hand. Shan will also cover the difference between nutrient utilization and nutrient consumption, probiotics and prebiotics, and how Kangen water plus proper supplementation can help reduce body fat.
The seminar will be hosted at In Motion O.C., a 6,000 square foot facility in Irvine, CA. In Motion O.C. is a health facility with an emphasis on Physical Therapy, Aquatic Therapy, and Fitness.
For more information regarding this special presentation, visit http://www.InMotionOC.com/about-us/news/ or call In Motion O.C. at 949-861-8600.
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Jeff Thomas
In Motion OC
949-861-8600
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Life Time Fitness 4th-qtr profit on member growth
Posted: at 9:31 am
CHANHASSEN, Minn. (AP) — Health club operator Life Time Fitness Inc. reported Thursday that its fourth-quarter net income increased nearly 13 percent on improved revenue from membership fees and sales within its clubs.
Life Time earned $19.8 million, or 48 cents per share, for the period ended Dec. 31, compared with $17.6 million, or 43 cents per share, in the 2010 fourth quarter. Excluding the impact of performance compensation expenses for its leaders, the company earned 59 cents per share.
Revenue increased more than 12 percent to $250.9 million from $223.7 million.
Analysts, on average, expected adjusted earnings of 56 cents per share, on revenue of $246.3 million for the period.
Life Time said that it expects its membership and other revenue to continue to improve in the coming year. It forecast profit of $2.60 to $2.72 per share for 2012 on revenue of $1.11 to $1.14 billion. Analysts expect earnings of $2.76 per share on revenue of $1.12 billion.
The company posted full year earnings of $92.6 million, or $2.26 per share. That's up from $80.7 million, or $2 per share, for 2010. It earned $2.42 per share on an adjusted basis.
Annual revenue rose 11 percent to $1.01 billion from $912.8 million.
Life Time, based in Chanhassen, Minn., operates 93 fitness centers under the Life Time Fitness and Life Time Athletics brands in 21 states. The company also operated nine additional acquired facilities, which it is transitioning to become Life Time centers.
Shares of the company were up 29 cents to $50.58 in midday trading
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Life Time Fitness 4th-qtr profit on member growth
Deadline is Monday to register for RB health, fitness fair
Posted: at 9:31 am
By Elizabeth Marie Himchak
A free health and fitness fair in Rancho Bernardo next weekend will focus on seniors’ needs and activities.
The event will be 12:30-3 p.m. Saturday, Feb. 25 at the Ed Brown Senior Center, 18402 W. Bernardo Drive in Rancho Bernardo Community Park. RSVPs are requested by Monday, Feb. 20. Call 858-487-9324.
It will begin with a free lunch from 12:30-1:15 p.m., followed by a presentation from 1:30-2:30 p.m. by Alex Signorello, a certified personal trainer who specializes in exercises for seniors. His talk will be followed by opportunities to learn more about the center’s classes and activities, said Pastor Jeff Keck from Petra Pentacostal Church.
The church, which for the past year has been holding services at the Brown center, is organizing the event as part of its community outreach, Keck said.
Among center classes and activities attendees can learn about are gentle yoga, ways to improve balance, arthritis help, ballroom dancing, Zumba, lawn bowling and croquet.
“We’re trying to let the senior community know about all that is available at the center,” Keck said.
As for Signorello’s talk, Keck said it will likely include health, fitness training, nutrition and a demonstration of low-impact exercises seniors can perform.
“He’s a great instructor,” Keck added.
Free information on health and fitness products, services and places like retirement facilities can be obtained from vendor booths throughout the fair. Each attendee will also receive a goodie bag and have an opportunity to win door prizes. Fun activities will include putting contests and people can receive a tour of the center.
Keck said the free lunch is due to contributions by four Rancho Bernardo businesses — Souplantation, Albertsons, and Starbucks in Westwood and RB Town Center.
As of press time, there were some vendor booth spaces still available. Businesses can rent a 4-foot space for $95 or an 8-foot space for $150. If they would like to have their company logo featured on the event’s banner, they can do so for $75. Camera-ready art must be provided. The deadline is Monday, Feb. 20. For details and availability, call Keck at 858-722-1123.
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Deadline is Monday to register for RB health, fitness fair
Health & Fitness-Exercise Facility-Peak Health & Wellness
Posted: at 9:31 am
Posted: Friday, February 17, 2012 2:59 pm | Updated: 3:10 pm, Fri Feb 17, 2012.
Locations: Coeur d'Alene-Hayden-Post Falls
What started as a dream nearly 30 years ago, PEAK Health and Wellness Centers are still of serving our community keeping people active, healthy and energized! With their challenging and exciting programs in full swing, they strive every day to guide and motivate their members to fulfill their dream.
When you arrive at the PEAK you will be greeted by their friendly, welcoming and knowledgeable staff that is always available to accommodate your individual needs. Joining their community whether you are a swimmer, tennis or racquetball player or enjoy weight lifting and group fitness classes, they have what you need. Their facilities are always updated with the latest equipment and programs/classes such as TRX, Reformer, Gravity/Kinesis, Biggest Loser, Insanity, X-Fit, Zumba and top-notch nutritional training.
PEAK'S new lower dues and affordable childcare make this the perfect time to join. Being a member of PEAK also affords you the luxury of attending your choice of 8 different reciprocal health clubs in the northwest with no additional fees.
Since PEAK values community involvement, they are active supporters of Toys for Tots, St. Vincent de Paul, School District #271 and #272, Special Olympics swim, basketball and hockey programs just to name a few.
Let the dream that started 30 years ago be your dream today.
Posted in Best of north idaho on Friday, February 17, 2012 2:59 pm. Updated: 3:10 pm.
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Health & Fitness-Exercise Facility-Peak Health & Wellness
June-Marie Raw Food and Fitness Health Wednesday Balloon pop 002 – Video
Posted: February 17, 2012 at 4:08 pm
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June-Marie Raw Food and Fitness Health Wednesday Balloon pop 002 - Video
SH*T Personal Trainers Say – Video
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SH*T Personal Trainers Say - Video
Fitness experts offer healthy advice on shedding 10 lbs.
Posted: at 4:08 pm
NASHVILLE, Tenn. -
As warmer weather and swimsuit season is quickly approaching, many throughout the country are hitting the gym to get in shape and shed some unwanted pounds.
Nashville's News 2's Lauren Murphy consulted with health and fitness experts who offered healthy ways to lose 10 pounds.
Health officials said one of the best ways to ensure weight lose is to get a good night's sleep each night and skip that extra cup of coffee to help boost energy.
"People will reach for food or for another cup of coffee. They would just be so much better off if they would just get that recommended eight hours of sleep," explained Maryanne Brockett, a personal trainer and group fitness instructor at 5 Gym in east Nashville.
Another way to help shed the pounds is split meals with friends or co-workers and to eat slowly. Experts say it takes around 30 minutes for a person's brain to register satiety and that by sharing a meal won't be quite as detrimental to a diet since you are only consuming half of the calories.
Experts also suggest that brushing your teeth can help cure a craving.
To help ease mindless eating, health officials suggest painting your nails, organizing your desk or other activities to distract yourself.
Brockett told Nashville's News 2 that it is ok for a person to indulge occasionally.
"Instead of having that one cookie when you really, really wanted it, you're going to eat that whole bag [if you deprive yourself]," she said.
Another tip to help shed the pounds is to substitute soda and alcohol for sparkling water.
"I'll put a lime in it and you'd never know the difference," said Mark Magnuson, who has successfully lost 13 pounds of fat and kept it off.
Brockett said she encourages everyone to drink plenty of water throughout the day.
"Your body is made up of water," she explained, adding, "If you don't have enough, none of [your body] functions correctly. It also helps stave off hunger so you really need to get at least 64 ounces."
Melony Barnett told Nashville's News 2 she successfully lost 10 pounds by enlisting in an exercise partner.
"It's kind of become a competition," said Barnett. "We try to outdo each other!"
Another tip that Brockett offers to those working out is to keep it fun.
"If you get bored, you're going to quit, so you always need to change it up," she explained.
According to Brockett a few other ways to shed pounds include instead of emailing co-workers drop by their office, during commercial breaks of your favorite television show perform quick workouts focusing on different areas of your body and keep healthy snacks available.
The fitness trainer also said many health and fitness magazines offer workout plans online and to place a photo of you looking your best on the refrigerator so you will be reminded of how healthy you were at that time.
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Fitness experts offer healthy advice on shedding 10 lbs.
Health Net Enrolls One Millionth Member in Its Combined California State Health Programs
Posted: at 4:08 pm
LOS ANGELES--(BUSINESS WIRE)--
Health Net of California, Inc. and its subsidiary, Health Net Community Solutions, recently enrolled the one millionth member in their state-sponsored health plans (Medi-Cal and Healthy Families), cementing their combined role as the largest provider of state-sponsored health plans in California.
“Health Net is committed to providing quality benefits and excellent service to Californians,” said Dave Meadows, Health Net’s vice president of California Health Programs. “Reaching this milestone demonstrates our strength in California and the impact we have made in helping build healthy communities.”
To address the health and wellness needs of its growing membership, Health Net has opened four Community Solutions Centers (CSCs). These centers offer a wide range of free fitness and health-related classes, activities and events in both English and Spanish to local families all year long. In addition, individuals can speak with bilingual Health Net representatives, enroll in Medi-Cal and Healthy Families programs, and get their questions answered about Health Net benefits.
There currently are four CSC locations in California: East Los Angeles, Fresno, Bakersfield and Modesto.
Health Net recently relocated its East Los Angeles CSC to a larger building to accommodate the increased number of visits and growing demand for programs and services. The “grand re-opening” of the center is today, February 16, 2012, and includes a community health fair with free dental screenings and other health and wellness activities.
Dedicated to Serving Californians
In California, Health Net provides:
Medi-Cal in 12 counties: Fresno*, Kern*, Kings*, Los Angeles, Madera*, Orange*, Riverside*, Sacramento, San Bernardino*, San Diego, Stanislaus and Tulare. Healthy Families Program in 20 counties: El Dorado, Fresno, Kern, Kings, Los Angeles, Madera, Merced, Napa, Orange, Placer, Riverside, Sacramento, San Bernardino, San Diego, San Francisco, San Joaquin, Solano, Stanislaus, Tulare and Yolo. Healthy Families and Medi-Cal Dental programs in 26 counties: Serves more than 236,000 members statewide.
About Health Net of California
Health Net of California, Inc., a subsidiary of Health Net, Inc. (NYSE:HNT - News), is one of the largest health plans in the state. Together with Health Net Community Solutions and Health Net Life Insurance Company, it serves more than 2.2 million members statewide and contracts with 67,000-plus physicians, 300-plus hospitals and 5,000-plus pharmacies, giving its members greater choice and more convenient access to care. For more information about Health Net, visit the website at http://www.healthnet.com.
* Health Net is a sub-contracted Medi-Cal plan in these counties.
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Health Net Enrolls One Millionth Member in Its Combined California State Health Programs
Get help with fitness
Posted: at 4:08 pm
Thursday, February 16, 2012 Last updated: Friday February 17, 2012, 1:26 AM
The latest news on health and fitness is right at your fingertips on NorthJersey.com. Whether you're looking to get healthy, want to know more about fitness programs or facilities in North Jersey, or need a home-workout routine to keep you moving, we can help. From the latest workout trends to finding yoga poses to reduce stress, NorthJersey.com has you covered no matter what your fitness goals.
Just click Health under the News menu on the home page to learn about new gyms and yoga studios near you, find out about fitness events - like charity races and sponsored walks - and get tips on how to maximize your workout results, plus learn about all the ways to get fit in your community with articles on running, yoga, kickboxing, bicycling and more. Discover fitness centers geared toward kids of all ages and stay informed about the medical effects of various fitness routines with informational stories from local fitness experts, as well as renowned professionals nationwide.
Experience the most North Jersey health and fitness news every day on NorthJersey.com - and remember to share stories with family and friends via your Facebook and other social media accounts. The company cares about your health, North Jersey!
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Get help with fitness