Author Archive for Richard Meryn
Richard Meryn, Associate Editor Industry Leaders Magazine (www.industryleadersmagazine.com)
Coinstar Reports First-Quarter Profit to Top Previous Forecast
Coinstar Inc. heaved its first quarter forecast, stating cost efficiencies in obtaining content and higher demand for its movie rental kiosks and lower card-processing fees for Redbox. The after-hours trading saw a rush of shares for Coinstar.
AOL Shares Climb After Licensing Deal with Microsoft
Under the pressure of shareholder, to make changes as revenue falls, AOL plans to sell and license patents to Microsoft in an agreement worth $1.06 billion. AOL shares climbed the most in two years. Soar AOL rose 43 percent to close at $26.40, the biggest one-day increase since Nov. 25, 2009. The shares had lost 8.2 percent of their value in the past year before Monday. Microsoft, meanwhile, fell 1.3 percent to $31.10 Monday.
Spain Plans to Stabilize the Budget
Spain is considered to be an epicenter. The country is expected to be in extreme difficulty by the nation’s Prime Minister, Mariano Rajoy. Luis de Guindos, Economy Minister believes that an outline is being prepared by Spain, as to how it will comply with European budget-deficit rules, after its borrowing costs reached the highest since December.
Corporate Taxes Dropping Down
Businesses undoubtedly hands over tax money to Uncle Sam, but are you aware of where the money ultimately comes from? Well, it comes out of your pocket. It can raise the price of its product; it can pay its workers less; or it can pay the tax out of its profits.
U.S. Stocks Headed for a Slightly Higher Open
Friday saw a slightly higher opening of U.S. stocks, the final trading day of a strong quarter, as investors hope for some positive economic reports after a disappointing stretch of data.
German Leaders Agree To Raise More Bailout Money
A real big step was taken by the European Union Monday en route for structuring a strong financial firewall to prevent the spread of fiscal infectivity to major economies like Spain. The move came after Germany dropped its opposition to bringing the Continent’s total bailout capacity to more than 690 billion Euros.
Problems at San Onofre Nuclear Plant Could Reduce Power Supply
San Diego County and Southwest Riverside County would chiefly be at risk of blackouts in the event of a hot summer and if a continued shutdown of two nuclear reactors at the San Onofre Nuclear Generating Station hang around.
Krafts Food Will Now Be Called Mondelez
Northfield, Ill.-based Kraft Foods has declared a plan to rename its corporate identity to Mondelez International Inc. Krafts food said that ‘Mondelez’ is a newly coined word that evokes the idea of delicious world. Monde derives from the Latin word which means world, and delez is an imaginary expression of delicious.
Minnesota Vikings Stadium Moves a Big Step Closer to its New Home
After nearly a decade, Minnesota Vikings has finally come this far in their quest for a new stadium. Governer Mark Dayton and Vikings owners Mark and Zygi Wilf revealed plans for a new, $975 million stadium that would be built nearly on top of the Metrodome site in downtown Minneapolis.
Climbing Costs Weaken Natural Gas Supplies
The natural gas industry is facing a crisis of its own. The piercing boom in the supplies of natural gas that came nearly five years ago has probably being slowed down by the diminishing values in the industry itself.
The App Economy Creates Nearly 500,000 Jobs in U.S.
The requirement for applications for everything ranging from games to quantum physics has created 466,000 jobs in the U.S. since 2007. Thanks to the smartphone and tablet applications.
B/E Aerospace to Acquire Supply Chain Management Co.
Florida-based B/E Aerospace, aerospace manufacturing industry leaders of aircraft cabin interior products and distributor of aerospace fasteners and consumables in the aerospace industry, signed a deal to acquire UFC Aerospace Corp. for $400 million in cash.
Top 5 Business Trends to Watch for 2012
The New Year is already here with a blast and industry leaders have a long to-do list laying on the desks. It seems that 2012 is going to be a better year for industries to perform. Well, the question that arises in mind is – can 2012 turn around and get worse for the businesses? Doesn’t seem though, it actually could, in spite of the rebounding economy.
US Ski Resorts in Trouble Due to Lack of Snow
In many parts of the United States, it has been a mild winter thus far. Although more people are enjoying the unusually “warm” weather for December, ski resorts don’t like it, as it has meant little snow for winter travelers. Ski resorts are hoping to see some snow in the next few weeks, or this season might be a bad one for this sector of the hospitality industry.
Christmas Couriers Having their Biggest Holiday Season
Christmas is less than a week away, so it’s almost too late, to have your packages at their destination before Sunday. There is only a day or two left to get your packages in to Christmas couriers to ensure that they get there on time. This holiday season is projected to be one of the [...]
DHL To Standardize Warehouse Operations Globally
The world’s largest logistics specialist, DHL, is now working on standardizing its warehouse management system globally. In order to make use of supply chain management technology in all its facilities, DHL has fixed a deal with US software firm RedPrairie Corporation.
Recycling E-Waste Becoming Big, Profitable Business
Electronic waste, or e-waste, has been a problem for some time, with local governments trying to do their part to handle the millions of tons of obsolete electronics that are disposed of every year. E-waste and e-recycling programs may be common in cities, but it’s just recently that big business and industry leaders have taken notice that recycling e-waste is not only good for the environment, but is also good business.
Ford Motor Company Supports Nitrogen Tire Inflation
Nitrogen tire inflation may seem like a gimmick, but the practice does have the research to back up its legitimacy. Ford Motor Company conducted a study in 2004 on the effects of nitrogen inflation on tire aging and performance. The study, which took place over a six-month period, found that those tires completely filled with nitrogen had aged slower than those with a 50/50 mixture of nitrogen and compressed air.
Commercial Buildings are Going Green
Going green has been a popular initiative for some time, but the commercial sector has been slow to pick up the trend. Only now are commercial buildings beginning to go green in a variety of ways, and are doing so for both financial and environmental benefits.
