Wednesday, March 3, 2010

“Marsh appoints 2 executives to insurance business - BusinessWeek” plus 3 more

“Marsh appoints 2 executives to insurance business - BusinessWeek” plus 3 more

Marsh appoints 2 executives to insurance business - BusinessWeek

Posted: 02 Mar 2010 01:33 PM PST

NEW YORK

Insurance broker Marsh Inc., a unit of Marsh & McLennan Cos., appointed two executives to its U.S. division.

The company said Tuesday that it named Regina Spratt as head of the national brokerage business and Edward Lynch as business development leader for Marsh & McLennan Agency LLC, which works with mid-sized businesses.

Spratt most recently led Marsh's national brokerage business in the New York market. She was previously sales leader for Marsh's operations in New York and the Northeast.

Lynch, a 28-year company veteran, was formerly the national brokerage leader.

In trading for the day, Marsh & McLennan shares inched up five cents to close at $23.39.


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Business news briefs - Lansing State Journal

Posted: 03 Mar 2010 01:00 AM PST

MICHIGAN

Dow to shed Styron in $1.63 billion deal

MIDLAND - Dow Chemical Co. said Tuesday it would sell its Styron division to Bain Capital Partners in a $1.63 billion deal that gives it cash to pay down debt and free up resources for its higher-margin businesses. The chemical giant also has the option to receive up to 15 percent of Styron's equity as part of the transaction with Bain. Terms also include several long-term supply, service and purchase agreements. Styron, a diversified chemicals and plastics company, has more than 40 manufacturing plants and is expected to post yearly revenue of $3.5 billion.

NATION

Apple sues HTC over iPhone patents

NEW YORK - Apple Inc. sued Taiwanese phone maker HTC Corp. on Tuesday, accusing the rival of violating patents related to the popular iPhone. HTC was the first company to manufacture a cell phone based on Google Inc.'s Android operating system, which has emerged as a significant competitor to the iPhone. It is also making the Nexus One phone, which Google is selling directly to consumers. Apple said HTC has infringed on 20 of its patents covering aspects of the iPhone's user interface and hardware. In an e-mail message, HTC spokeswoman Linda Mills said the company only learned of the lawsuits on Tuesday through media reports and hasn't had time to review Apple's claims.

WORLD

Greece's PM: More painful cuts needed

ATHENS, Greece - Greece's leader called on Greeks to brace for more painful spending cuts to deal with an unprecedented financial crisis, saying their sacrifices were essential to national survival. In a dramatic speech Tuesday in Parliament, Prime Minister George Papandreou said time was running out to pull the country out of the crisis. His government is to announce further spending cuts today - likely to include more tax hikes and deeper reductions in civil servants' pay. The cuts are aimed at reducing the deficit, winning firm backing from the European Union and convincing bond investors that Greece is creditworthy so they will keep lending.

- From wire reports

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Research and Markets: Express Scripts - SWOT Framework Analysis - Businesswire.com

Posted: 02 Mar 2010 04:32 PM PST

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b2fa39/express_scripts) has announced the addition of the "Express Scripts - SWOT Framework Analysis" report to their offering.

SWOT Analysis, is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective.

The aim of any SWOT analysis is to identify the key internal and external factors that are important to achieving the objective. SWOT analysis groups key pieces of information into two main categories:

Internal factors - The strengths and weaknesses internal to the organization. External factors - The opportunities and threats presented by the external environment.

The internal factors may be viewed as strengths or weaknesses depending upon their impact on the organization's objectives. What may represent strengths with respect to one objective may be weaknesses for another objective. The factors may include all of the 4P's; as well as personnel, finance, manufacturing capabilities, and so on. The external factors may include macroeconomic matters, technological change, legislation, and socio-cultural changes, as well as changes in the marketplace or competitive position. The results are often presented in the form of a matrix.

SWOT analysis is just one method of categorization and has its own weaknesses. For example, it may tend to persuade companies to compile lists rather than think about what is really important in achieving objectives. It also presents the resulting lists uncritically and without clear prioritization so that, for example, weak opportunities may appear to balance strong threats.

Key Topics Covered:

  • A. Executive Summary
  • B. A Brief Profile of the Company
  • C. SWOT Framework Analysis
  • C.1 Strengths to Build Upon
  • C.2 Weaknesses to Overcome
  • C.3 Opportunities to Exploit
  • C.4 Threats to Overcome
  • D. Glossary of Terms

For more information visit http://www.researchandmarkets.com/research/b2fa39/express_scripts.

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Expert predicts state population loss was anomaly - Tampa Bay Online

Posted: 02 Mar 2010 09:04 PM PST

By MICHAEL SASSO

msasso@tampatrib.com

Published: March 3, 2010

TAMPA - Florida's population loss last year may wind up being a one-time blip.

A leading population researcher predicts the state will start growing again this year.

The University of Florida's Bureau of Economic and Business Research predicts the state will grow by 23,000 people from April 1, 2009, through this coming April. That's small growth, to be sure. Florida has been known to grow by 300,000 to 400,000 people a year.

At this point, however, any growth is positive. From April 2008 through April 2009, the state lost roughly 57,000 people - the first decline since World War II.

"It appears the state's population loss was a one-year occurrence," Stan Smith, BEBR's director, says in a written announcement.

The numbers indicate Florida's population will rise from 18,750,000 people to 18,773,000 people from April 2009 through April.

The bureau bases its projections on electric utility hookups and disconnections.

Longer term, the state's population could grow to 21.25 million by 2020, the bureau forecasts.

Reporter Michael Sasso can be reached at (813) 259-7865.

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