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| Women's Business Enterprise National Council (WBENC) Announces New ... - Big Hollywood Posted: 11 Feb 2010 05:42 AM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it.
WASHINGTON, Feb. 11 /PRNewswire/ -- The Women's Business Enterprise National Council (WBENC) today announced its annual listing of America's Top Corporations for Women's Business Enterprises, the only national award honoring corporations for world-class programs that create level playing fields for women's business enterprises (WBEs) to compete for corporate contracts. "Our Top Corporations are world-class leaders generating growth through partnerships with women's business enterprises," said Linda Denny, president and CEO of WBENC, the leading authority on and advocate for women's business enterprises as vendors and suppliers to the nation's leading corporations. "This year we reached a record high of 21 Top Corporations selected for outstanding, enterprise-wide supplier diversity programs and measurable results." Top Corporations programs offer equal access and result in a high volume of business with women's business enterprises. The 2009 Top Corporations for WBEs are: The America's Top Corporations for Women's Business Enterprises Awards presentation will take place on Thursday, March 25, 2010, in the Benjamin Franklin Diplomatic Reception Room of the United States State Department in Washington, DC. The event will occur during WBENC's 2010 Summit and Salute to Women's Business Enterprise: The Opportunity Connection attracting over 1,000 and celebrating 14 Women's Business Enterprise Stars who are exemplary WBEs from across the country. Energy Future Holdings (formerly TXU Corp), UPS, and AT&T(1), including its predecessor companies, have been recognized by WBENC every year since the award was created eleven years ago. Avis Budget Group, Inc. and Chevron, including their predecessor companies, have each won the award ten times. Office Depot and PepsiCo, Inc. have each won nine times; and Shell Oil Company has won eight times. IBM Corporation has won seven times. Pfizer and Verizon have won six times. WBENC also welcomes Ernst & Young LLP, Marriott International, Inc., Microsoft, and The Home Depot in their first year as Top Corporations. "This expanding list demonstrates that best practices prevail in even the most challenging environments. Our Top Corporations are the pillars of our economy by driving and standing behind their vital business partnerships with women's business enterprises," Denny said. About Women's Business Enterprise National Council (WBENC): About WBENC: The Women's Business Enterprise National Council (WBENC) is the leading advocate for, and authority on, Women's Business Enterprises (WBEs) as suppliers and vendors to the nation's corporations. Founded in 1997, WBENC is also the nation's leading third-party certifier of businesses owned and operated by women, with WBENC certification accepted by more than 1,000 corporations, representing America's most prestigious brands. Throughout the year, WBENC is supported by 14 Regional Partner Organizations (RPOs), which administer and process WBENC's Gold Standard Certification, provide regional matchmaking programs, and deliver capacity development training to women owned businesses. WBENC is a 501(c)(3) nonprofit organization that seeks and accepts donations from corporations, foundations and individuals that support its mission and programs. For more information, please go to www.wbenc.org. (1) AT&T Inc., formerly SBC Communications Inc., has won this award every year since its inception. AT&T Corp, which was acquired by SBC in late 2005, also was a multiyear winner. BellSouth Corporation, acquired by AT&T Inc. in late 2006, has also won the award in past years. SOURCE Women's Business Enterprise National Council (WBENC)
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| Ben & Jerry's Ice Cream Chief Leaving - Vermont Public Radio Posted: 11 Feb 2010 05:27 AM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Business News and Financial Advice - Town Hall Posted: 11 Feb 2010 06:53 AM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it.
US-BUSINESS Summary
11:21
 Wall Street recovers as Greece details awaited NEW YORK (Reuters) - Stocks were little changed on Thursday, recovering most of their losses as questions over the final form of a deal to aid debt-laden Greece were... Wall Street recovers as Greece details awaited 11:21NEW YORK (Reuters) - Stocks were little changed on Thursday, recovering most of their losses as questions over the final form of a deal to aid debt-laden Greece were offset by a tumble in first-time claims for jobless... Senate banking chief hopeful for financial reform bill 11:09WASHINGTON (Reuters) - Senate Banking Chairman Christopher Dodd voiced optimism on Thursday that his committee could craft a bipartisan financial reform bill. Dodd said he would negotiate the financial regulation... FirstEnergy to buy Allegheny for $4.7 billion 11:02By Matt Daily NEW YORK (Reuters) - Ohio-based power company FirstEnergy Corp <FE.N> plans to buy Pennsylvania's Allegheny Energy Inc <AYE.N> in an all-stock deal worth $4.7 billion that would create one of... Jobless claims drop raises hopes on recovery 11:00By Emily Kaiser and Alister Bull WASHINGTON (Reuters) - The number of U.S. workers filing new claims for unemployment benefits tumbled last week, welcome news for a White House that is predicting an average of 95,000... Philip Morris profit up, outlines $12 billion buyback 10:39SAN FRANCISCO (Reuters) - Philip Morris International Inc <PM.N> posted on Thursday higher fourth-quarter profit and announced a new $12 billion share repurchase program, sending its shares up 4 percent. The... Business Council CEO survey finds U.S. hiring wariness 10:35By James B. Kelleher FORT LAUDERDALE, Florida (Reuters) - Top U.S. executives say their companies are moving out of the defensive position they adopted during the recent worldwide downturn and are aggressively planning... Citi CFO says bank at no disadvantage on pay 10:16NEW YORK (Reuters) - Citigroup Inc <C.N> is at no disadvantage when it comes to paying employees, the bank's chief financial officer said on Thursday. The bank was able to pay employees competitively in 2009 and... PepsiCo profit boosted by strong sales overseas 9:52CHICAGO (Reuters) - PepsiCo Inc <PEP.N> posted a higher quarterly profit that met Wall Street expectations, helped by brisk sales in international markets such as India, while drinks volumes declined in North... Nortel sees $1 billion more from business sales 9:44(Reuters) - Bankrupt Nortel Networks Corp <NRTLQ.PK> said it was expecting about $1 billion more from the sale of some of its remaining businesses, including the Optical Networking and Carrier Ethernet service. ... EU seals deal to rescue Greece, details still murky 9:33By Marcin Grajewski and Julien Toyer BRUSSELS (Reuters) - European leaders struck a deal to provide financial aid to Greece on Thursday, in an unprecedented move to stave off a broader crisis in the 16-nation bloc that... Marriott beats Wall Street estimates, lifts outlook 9:24By Deepa Seetharaman NEW YORK (Reuters) - Marriott International Inc <MAR.N> posted higher-than-expected fourth-quarter earnings and lifted its 2010 outlook on Thursday as business improved, especially at its... Rio says China partnership key ahead of bribe trial 9:13By Michael Perry SYDNEY (Reuters) - Australia urged China to deal transparently with the trials of four Rio Tinto staff accused of bribery and stealing commercial secrets, as the firm's CEO said the Asian country... IEA revises up global oil demand growth for 2010 9:12By David Sheppard LONDON (Reuters) - Global oil demand will grow by more than previously expected in 2010, the International Energy Agency (IEA) said on Thursday, with all the growth coming from emerging markets. The... Air Products launches hostile bid for Airgas 8:51By Ernest Scheyder NEW YORK (Reuters) - Air Products and Chemicals Inc< APD.N> took its $5.1 billion bid for rival Airgas Inc <ARG.N> hostile on Thursday by launching a tender offer for Airgas shares. The... AutoNation reports earnings beat, Toyota progress 8:36By David Bailey DETROIT (Reuters) - AutoNation Inc <AN.N>, the largest U.S. auto dealership group, on Thursday posted quarterly results that exceeded analysts' expectations and said Toyota Motor Corp was making... Viacom profit beats expectations, sales slip 8:16NEW YORK (Reuters) - Viacom Inc's quarterly profit blazed past expectations, as holiday sales of hit DVDs like "Star Trek" and "Transformers 2" helped make up for another three months of depressed advertising revenue. ... Credit Suisse says at strongest since crisis hit 7:35By Lisa Jucca ZURICH (Reuters) - Credit Suisse <CSGN.VX> boss Brady Dougan said the Swiss bank was winning client money and transactions faster than at any point since the financial crisis began, putting a... Renault targets free cash flow after year loss 7:19By Helen Massy-Beresford and Gilles Guillaume BOULOGNE-BILLANCOURT, France (Reuters) - French carmaker Renault <RENA.PA> posted a wider-than-expected net loss and said on Thursday it would focus on generating... UBS stake may be worth 70 percent less as GIC converts 6:42By Saeed Azhar SINGAPORE (Reuters) - Singapore sovereign wealth fund GIC will convert 11 billion Swiss francs ($10.33 billion) worth of UBS <UBSN.VX> notes into shares next month at a price that may erode the... Aerial shots of falling World Trade Center released 6:36NEW YORK (Reuters) - The only known aerial photographs of the World Trade Center as it collapsed on September 11, 2001, were released by ABC News on Wednesday. The photos, taken from a helicopter by New York Police... MySpace CEO steps down 6:36SAN FRANCISCO (Reuters) - News Corp has replaced the CEO of the social networking site MySpace less than a year after hiring him, and said a discussion of his priorities led both sides to agree to a parting. Owen Van... Swiss minister says U.S. insists on UBS tax deal: report 6:29ZURICH (Reuters) - The Swiss government will probably have to turn to parliament to resolve a legal impasse threatening a deal struck with the U.S. to hand over data from UBS <UBSN.VX><UBS.N> clients, a... Diageo eyes upturn after bonuses, forex weigh in H1 6:20By David Jones LONDON (Reuters) - Diageo <DGE.L>, the world's biggest spirits group, said markets were starting to recover and should turn around by mid-2010 after higher bonus payments and a minor sterling rally... Stocks, euro firmer ahead of EU Greek debate 4:20By Natsuko Waki LONDON (Reuters) - World stocks hit a one-week high while the euro rose broadly on Thursday as investors looked to European Union leaders to lay the foundations for a financial rescue of Greece at a... EU finance ministers agreed IMF role in Greek aid: source 4:10By Boris Groendahl VIENNA (Reuters) - Euro area finance ministers agreed their countries would take "determined and coordinated action" to help Greece, drawing on IMF expertise but not the Fund's money, an EU... EU summit to get to grips with Greece rescue plans 3:51By Jan Strupczewski and Julien Toyer BRUSSELS (Reuters) - European Union leaders are expected to lay the foundations for a financial rescue of Greece at a summit in Brussels on Thursday, but any package of support is... Australia urges Chinese transparency in Rio case 3:13By Michael Perry SYDNEY (Reuters) - Australia urged China to deal quickly and transparently with the trials of four Rio Tinto mining staff accused of bribery and stealing commercial secrets, amid growing investor... De Beers cuts debt, cautious after 2009 loss 2:44LONDON (Reuters) - Top diamond producer De Beers bolstered its balance sheet on Thursday with a $1 billion rights issue and bank refinancing as it swung to a annual $220 million underlying loss after demand plummeted... Rio Tinto half-year profit slides 23 percent, beats forecasts 1:17MELBOURNE (Reuters) - Global miner Rio Tinto <RIO.L> reported a 23 percent slide in half-year profit on Thursday, its worst second-half profit in three years, dented by a sharp drop in iron ore prices, but the... NY Lottery Division gets federal subpoenas 11:07 By Joan Gralla NEW YORK (Reuters) - The choice of a slot machine vendor for New York's Aqueduct Racetrack came under more scrutiny on Wednesday as federal prosecutors subpoenaed a charity with ties to the vendor. ... US-BUSINESS Summary 10:56Asia shares up; eyes on EU summit, Greece rescue SINGAPORE (Reuters) - Asian stocks rose for the third day in a row on Thursday, powered by strong economic data from Australia and China, while the euro steadied ahead... Burmese-American activist jailed in Myanmar 10:34By Aung Hla Tun YANGON (Reuters) - A court in army-ruled Myanmar on Wednesday sentenced a Burmese-American pro-democracy activist to three years in prison, his lawyer said, adding to concerns over the junta's human... Charlie Wilson, lawmaker of movie fame, dies at 76 8:36By Chris Baltimore HOUSTON (Reuters) - Former U.S. Representative Charlie Wilson, the swashbuckling Texan chronicled in film for helping secure billions of dollars to fund covert U.S. operations against the Soviets in... Toyota faces lawsuits over shrinking resale values 8:32By Steve Gorman LOS ANGELES (Reuters) - Added to a wave of personal injury lawsuits stemming from Toyota's massive recall, the automaker faces a growing number of consumer class-action cases -- more than 40 so far --... Twitter names Pixar executive as CFO 8:11By Alexei Oreskovic SAN FRANCISCO (Reuters) - Internet microblogging service Twitter named a chief financial officer on Wednesday, as the 2-1/2-year-old company steps up its efforts to make money. Twitter said Ali... California's January receipts top estimates 7:59SAN FRANCISCO (Reuters) - California's receipts in January were $1.28 billion, or 18.6 percent, above estimates in Governor Arnold Schwarzenegger's budget plan, State Controller John Chiang's office said on Wednesday. ... U.S. would reap billions from $1 cigarette tax hike 7:34By Maggie Fox, Health and Science Editor WASHINGTON (Reuters) - Adding a $1 per pack tax to cigarettes could raise more than $9 billion a year for states, health advocates said on Wednesday, and a poll released with... Haiti judge to free U.S. missionaries 7:00By Joseph Guyler Delva PORT-AU-PRINCE (Reuters) - A Haitian judge has decided to release 10 U.S. missionaries accused of kidnapping 33 children and trying to spirit them out of the earthquake- stricken country, a... Aquarium may land in Times Square office tower 6:40By Ilaina Jonas NEW YORK (Reuters) - As if Times Square wasn't enough of a zoo, just wait for its newest neighbor: a giant aquarium in a new office building. Toronto-based Aquarium Development Corp has signed a... AIG launches new system for incentive pay 6:31By Paritosh Bansal NEW YORK (Reuters) - American International Group Inc <AIG.N> has launched a new system to determine how employees get incentive pay, a move that follows public outcry over retention payments... Google to build high-speed Internet network 6:19By Ian Sherr and John Poirier SAN FRANCISCO/WASHINGTON (Reuters) - Google Inc plans to build a super-fast Internet network for up to half a million people, a project that could pressure telecommunications companies to... Australia urges China for speedy Rio resolution 6:18CANBERRA (Reuters) - Australia urged China on Thursday to proceed quickly with the trial of four China-based staff of Anglo-Australian miner Rio Tinto <RIO.AX>, whose arrest on charges of spying and bribery have... PNC says finished repaying U.S. bailout funds 6:14NEW YORK (Reuters) - PNC Financial Services Group Inc <PNC.N> said on Wednesday that it had completed the repayment of $7.6 billion in bailout funds to the U.S. government. The large regional bank had announced... Honda expands airbag recall as more Toyotas probed 5:50By Chang-Ran Kim and Soyoung Kim TOKYO/DETROIT (Reuters) - Honda Motor Co said it would recall another 440,000 cars around the world for faulty airbags as rival Toyota Motor Corp faced further probes over its... Toyota dealers have 70,000 stranded vehicles: exec 5:43By Ben Klayman and Rick Popely CHICAGO (Reuters) - Toyota Motor Corp has up to 70,000 vehicles still stranded on U.S. dealer lots due to defective accelerator pedals that are the subject of a major safety recall, an... Yahoo executives address "misconception" about search 5:19By Alexei Oreskovic SUNNYVALE, Calif (Reuters) - Yahoo Inc executives defended the company's commitment to Internet search on Wednesday, vowing to reverse the erosion of the company's market share and to fix the... Activision results top Street, starts dividend 5:08By Gabriel Madway SAN FRANCISCO (Reuters) - Activision Blizzard Inc <ATVI.O> posted better-than-expected results on Wednesday, fueled by its hit holiday release "Call Of Duty: Modern Warfare 2," and shares... Citigroup names new head of global commodities 5:08NEW YORK (Reuters) - Citigroup Inc <C.N> said on Wednesday it has named Stuart Staley to replace the retiring head of global commodities, which the third largest U.S. bank aims to expand by 30 to 40 percent over... Arabic flashcards land student in U.S. detention 5:02By Jon Hurdle PHILADELPHIA (Reuters) - Federal agents detained and interrogated a U.S. college student at the Philadelphia airport simply because we was carrying a set of English-Arabic flashcards, a lawsuit alleged on... Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| UPDATE 2-Discovery profit up with international business - Reuters Posted: 10 Feb 2010 05:14 AM PST Message from fivefilters.org: If you can, please donate to the full-text RSS service so we can continue developing it. * Q4 shr $0.36 vs $0.25 in year earlier * Q4 rev up 7 pct to $964 million, beating expectations * Sees 2010 rev $3.63-$3.75 bln vs Wall St. view $3.72 bln * Shares down 4.4 pct after year-long rally in stock (Adds analyst and executive comment) NEW YORK, Feb 10 (Reuters) - Discovery Communications Inc (DISCA.O) reported a 46 percent jump in fourth-quarter profit on the back of strong distribution revenue and advertising sales in its international TV business. Once again, Wednesday's quarterly results from the parent of the Discovery Channel, Animal Planet and the Science Channel showed why it has weathered the ad downturn far better than most media companies. For one thing, strong cable channels have brought in reliable subscription fees; for another, its advertising base isn't reliant on the hardest hit categories, such as autos and financial services. Together, that helped drive revenue up a better-than-expected 7 percent in the quarter. Macquarie analyst Ben Stretch said in a note that the results came in "comfortably ahead of our estimates. And it's of high quality too - margin expansion looks impressive. Advertising revenue trends also look quite reasonable domestically and showed a strong reacceleration internationally." But he added that strong results from Discovery were "well anticipated" and he maintained a neutral rating on a stock that has roughly doubled in the last year. Discovery shares dropped about 3 percent on Wednesday, erasing most of the gains made over the last two days. Helped by the weak dollar, Discovery's international business turned in a particularly rosy performance. But even excluding the impact of foreign currency fluctuations, revenue increased 16 percent, with particular growth in Europe, the Middle East, Africa and Latin America. "There are a number of big markets where we're well-positioned," Chief Executive David Zaslav said on a conference call. In countries like India and Brazil, "as the market grows, we'll grow with it." The company reported net income rose to $155 million, or 36 cents a share, matching analyst expectations. A year earlier, it reported a profit of $106 million, or 25 cents a share. While other media companies have posted declines in quarterly ad revenue, Discovery said sales at its U.S. networks rose 2 percent. It said ad sales are running about 5 percent higher, year on year, at the moment, and should grow by at least the mid-single digits for the year. The results come after a year in which Discovery emerged as one of the hottest media companies. Shares have risen steadily since it became independent in late 2008, while it has struck high-profile joint venture deals with Oprah Winfrey and Hasbro Inc (HAS.N). The Oprah Winfrey Network (OWN), in particular, has created buzz for Discovery. The company holds a 50 percent stake in the network, which could draw in substantial audiences since Winfrey will be leaving broadcast TV in September 2011, when she ends her popular daytime show. And last month, Discovery joined ranks with Sony Corp (6758.T) and IMAX Corp (IMX.TO) to launch a dedicated 3-D network in the United States beginning in 2011. As for its financial performance, Discovery said on Wednesday that all of its main measures should increase in 2010, pointing to an improving ad climate and strong ratings for its networks, which specialize in adventure, travel and cooking shows like "MythBusters" and "Shark Week." It said revenue should range between $3.63 billion and $3.75 billion. That stacks up against the $3.72 billion analysts forecast, and would be up about 3 percent to 7 percent from 2009. Shares dropped $1.28 to $27.99 in Nasdaq trade. (Reporting by Paul Thomasch; Editing by Derek Caney) Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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