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SinglePoint, Inc. Partners with iATS Payments

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SinglePoint, Inc. Partners with iATS Payments

PHOENIX--(BUSINESS WIRE)-- SinglePoint Inc. (USOTC-PINK: SING) has launched its new software integration with iATS Payments. With this integration iATS is able to easily on-board clients with mobile transactions using SinglePoint's mobile payment technology. SinglePoint is now listed as an iATS text solutions partner at www.iatspayments.com. "We are expecting to see many new clients through the iATS vertical because of the ease of use. It is simply an option they can call in and set up," stated Greg Lambrecht, CEO of SinglePoint Inc.

Mobile payments are expected to reach 1.5 trillion by 2017, although last year that number was estimated to be 120 billion, according to Business Insider. SinglePoint management is confident that the exponential growth and need for mobile payments will drive clients to find an integrated solution that fits their needs. The partnership between SinglePoint and iATS will enable a quick on-boarding process with a company they know and trust to process their transactions. "We are very excited to offer our clients a mobile channel through which to fundraise. Mobile is becoming a significant part of the fundraising strategy for many nonprofits and offering a solution through SinglePoint is an exciting opportunity for everyone," said Stephen Bestbier, VP of Marketing and Business Development for iATS.


About SinglePoint:
Headquartered in Phoenix, AZ, SinglePoint is a state of the art mobile technology company and full service mobile marketing agency. SinglePoint operates a best-in-class mobile commerce and communication platform specifically designed to serve the needs of the non-profit community as well as the for profit companies. SinglePoint makes any campaign instantly interactive via mobile phones. This functionality allows clients to conduct business transactions, accept donations and engage in targeted communication campaigns with their customers or donors through any mobile devices. Send more messages, create more awareness, and raise revenues and donations.

About iATS Payments:
iATS Payments is a leading provider of payment processing services for nonprofit organizations. iATS' simple, seamless transaction processing products and services are specially designed to help nonprofits save time and money on fundraising, allowing them to focus more energy on their mission. Based in Vancouver, BC, Canada, iATS Payments has over 30 years of experience working with over 9,000 clients around the world. Learn more at www.iatspayments.com.

Media Contacts:

SinglePoint, Inc:
Greg Lambrecht, CEO
gregl@textaday.com
(602) 481-1544

iATS Payments
Stephen Bestbier, VP Marketing & Business Development
Stephen.bestbier@iatspayments.com
(778) 945-0047

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of SinglePoint, Inc., are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. SinglePoint, Inc. undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.

http://www.businessinsider.com/chart-of-the-day-mobile-payments-growth-2013-6

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SinglePoint, Inc.
Greg Lambrecht, 602-481-1544
CEO
gregl@textaday.com
or
iATS Payments
Stephen Bestbier, 778-945-0047
VP Marketing & Business Development
Stephen.bestbier@iatspayments.com

KEYWORDS:   United States  North America  Arizona

INDUSTRY KEYWORDS:

The article SinglePoint, Inc. Partners with iATS Payments originally appeared on Fool.com.

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Hybrid Cloud is the Future for 60 Percent of UK and US Enterprises, Finds Rackspace Study

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Hybrid Cloud is the Future for 60 Percent of UK and US Enterprises, Finds Rackspace Study

SAN ANTONIO--(BUSINESS WIRE)-- A new study by Rackspace® Hosting (NYS: RAX) suggests that while the public cloud remains important to IT decision-makers at UK and US enterprises involved in the research, the limitations of using this type of platform as a one-size-fits-all solution are becoming more apparent. According to the survey, these limitations are leading many respondents to turn to a hybrid cloud infrastructure (i.e. public cloud, private cloud and dedicated servers working together in any combination) for certain applications or workloads.

The future is hybrid


The Rackspace study, conducted by independent technology market research specialist Vanson Bourne, investigated the use of different types of clouds - public, private and hybrid - along with dedicated servers by UK and US enterprises*. The study found that 60 percent of respondents have moved or are considering moving certain applications or workloads either partially (41 percent) or completely (19 percent) off the public cloud because of its limitations or the potential benefits of other platforms, such as the hybrid cloud**.

The research also shows that the majority (60 percent) of IT decision-makers see hybrid cloud as the culmination of their cloud journey, rather than a stepping stone to using the public cloud alone for all their cloud needs***.

John Engates, CTO of Rackspace, says: "The findings of our study indicate that the hybrid cloud is the next cloud for many organizations. They may have started with a public cloud-only architecture, but have come to realize the limitations of this approach as they've continued on their cloud journey. They turn to the hybrid cloud because it can combine the best of public cloud, private cloud and dedicated servers, delivering a common architecture that can be tailored to create the best fit for their specific needs. For example, instead of trying to run a big database in the public cloud on its own, which can be very problematic, businesses can leverage the hybrid cloud to run that database much more efficiently on a dedicated server that can burst into the public cloud when needed."

For example, Darren Robertson at Action for Children, says: "In the past we used public cloud for many of our applications and workloads, but as we grew it became clear that some of these applications were becoming too complex for a public cloud-only deployment. We chose a hybrid cloud solution from Rackspace, which includes public cloud, to ensure adequate control over our infrastructure, and have also enjoyed performance, reliability, security and cost benefits."

Action for Children, one of the UK's largest and most prominent charities, uses Rackspace's Hybrid Cloud to get the privacy, security and control of dedicated servers, but the ability to burst into a public cloud when necessary. Dedicated hardware - in the charity's data center but managed by Rackspace - is used to host sensitive data relating to children and families. Rackspace's Public Cloud provides the agility to accommodate spikes in website demand. The charity uses the same cloud for Big Data analytics, placing on it a Hadoop cluster of anonymized customer, donor and fundraiser data, so that it can provide its diverse user groups with bespoke online experiences to improve engagement and support.

Many benefits

Rackspace's study also found that hybrid cloud is now used by nearly three quarters (72 percent) of respondents for at least a portion of their application portfolio, with US organizations (80 percent) more likely to use it than UK organizations (64 percent). The top reasons respondents gave for why their organization is using hybrid cloud instead of a public cloud only approach for certain applications or workloads are better security (52 percent), more control (42 percent), and better performance or reliability (37 percent).

Reinforcing these findings, hybrid cloud users report the top benefits they've experienced from it are more control (59 percent), better security (54 percent), better reliability (48 percent), reduced costs (46 percent) and better performance (44 percent). Specifically, the average reduction in overall cloud costs from using hybrid cloud - for those who have seen a reduction - is substantial, at 17 percent.

Matt McClure, Vice President, Chief Architect at MapMyFitness, says: "There's no excuse for downtime. None. Especially now that the world has gone social and digital life is lived at an always-on, real-time pace.

"At MapMyFitness, we know this very well. We run the web's largest social network of fitness enthusiasts and a wide array of enterprise solutions. With a suite of web and mobile applications that use built-in GPS technology, we allow our users to map, record and share their exercise routes and workouts online (currently about 400,000 activities being logged daily). They can also search more than 80 million global routes, use online training tools, track nutrition, leverage fitness calculators and search local event listings.

"Powering the data of 17 million users worldwide (a number that is expected to double in the next year) and not allowing downtime as an option brought us to the Rackspace Hybrid Cloud, through which we leverage dedicated and Cloud Servers, dedicated and Cloud Load Balancers, SAN, Cloud Files and more."

Notes to Editors:

** Nearly three out of four (73 percent) US respondents and almost half (47 percent) of UK respondents have made, or are thinking about making such a move.

*** 13 percent disagreed with this; 27 percent either didn't know or had no opinion; 72 percent of US respondents agreed that hybrid was the final destination; 49 percent of UK respondents said the same.

About the research

* Rackspace commissioned independent technology market research specialist Vanson Bourne to undertake the research upon which this report is based. 400 interviews were carried out during June 2013 with IT decision-makers in organizations with more than 1000 employees. Interviews were performed in both the UK and USA across both private and public sectors.

http://www.rackspace.com/knowledge_center/article/rackspace-2013-hybrid-cloud-survey-results

About Rackspace

Rackspace® (NYS: RAX) is the open cloud company and founder of OpenStack, the standard open-source operating system for cloud computing. Headquartered in San Antonio, Rackspace delivers its renowned Fanatical Support® to more than 200,000 business customers, from data centers on four continents. Rackspace is a leading provider of hybrid clouds, which enable businesses to run their workloads where they run most effectively — whether on the public cloud, a private cloud, dedicated servers, or a combination of these platforms. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, and is featured on Fortune's list of 100 Best Companies to Work For. For more information, visitwww.rackspace.com

Forward-Looking Statements

This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements relating to expected or predicted behaviors of consumers and the impact of hybrid cloud; any statements of expectation or belief directly relating to Rackspace business derived from the survey results; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include a substantial margin of error in the survey results, inconsistencies in respondent's understanding and Rackspace's analysis of survey questions and results, the possibility that expected benefits from any shift in consumer behavior may not materialize as expected; the achievement of expected operational results from any shift in consumer behavior; and other risks that are described in Rackspace Hosting's quarterly report on Form 10-Q for the second quarter 2013 filed with the Securities and Exchange Commission on August 9, 2013. Except as required by law, Rackspace assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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Rackspace Hosting
Brandon Brunson, 210-312-1357
brandon.brunson@rackspace.com

KEYWORDS:   United Kingdom  United States  Europe  North America  Texas

INDUSTRY KEYWORDS:

The article Hybrid Cloud is the Future for 60 Percent of UK and US Enterprises, Finds Rackspace Study originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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Osage Exploration and Development Announces Second Quarter Earnings

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Osage Exploration and Development Announces Second Quarter Earnings

Provides Update on Improvements in Field Operations and Production


SAN DIEGO--(BUSINESS WIRE)-- Osage Exploration and Development, Inc. (OTCBB:OEDV), an independent exploration and production company focused on the Horizontal Mississippian and Woodford plays in Oklahoma, reported financial results for the three months ended June 30, 2013 and provided an update on field operations. For the quarter, the Company reported a 75.8% increase in revenues of $2.4 million compared to the same period in 2012, and operating income of $1.2 million versus a loss of $274,563 for the period ending June 30, 2012.

Second Quarter Drilling and Production

Osage participated in drilling ten wells during the second quarter, bringing the total number of wells in which Osage has an interest to twenty-nine as of June 30, 2013. Additionally, the Company reported average daily production roughly in-line with first quarter production.

Improved Field Operations

Constraints imposed by the previously announced construction of an electrical grid and a gas gathering system to service the Nemaha Ridge project are being resolved as those construction projects near completion. While construction was ongoing, most new wells had been placed on an intermediate lift system with a lower production capacity. Since the end of the second quarter, eight of those wells have been placed on a higher capacity permanent lift system with substantially good early results.

Large Production Gains

Improved field operations and production from wells brought online in the third quarter have resulted in large gains in oil production in Osage's Nemaha Ridge project. As of August 12th, oil production on Slawson-operated wells has more than doubled in the six weeks since the end of the second quarter to a one-day rate of 2,000 barrels of oil per day plus gas, bringing Osage's net oil production from those wells to over 400 barrels of oil per day plus gas. Additionally, production from five wells operated by Devon, Stephens Production Company, and Sundance Energy in which Osage has a working interest bring the Company's current net daily production rate from the Nemaha Ridge Project to roughly double Osage's average production rate in the second quarter.

Management Comments

"Osage has redefined itself as a company over the past nine months by virtue of our high drilling rate. The twin bottlenecks of electrical service and gas gathering infrastructure in Logan County are largely behind us now. Also, as the scale of the project has demanded, we have brought in additional experienced talent to optimize our completion, production, and use of artificial lift technologies with an immediate and dramatic jump in production since the end of the second quarter. We believe that we have crossed an inflection point in our field operations," stated Mr. Kim Bradford, Chairman and CEO of Osage Exploration and Development, Inc. "In the next year, expect us to continue to evolve as our oil and gas production from our Nemaha Ridge project grows and as we target the beginning of exploration drilling in one or both of our new Mississippian and Woodford projects."

About Osage Exploration and Development, Inc.
Based in San Diego, California, with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the U.S. and Colombia. http://www.osageexploration.com

About Slawson Exploration Company, Inc.
Headquartered in Wichita, Kansas, with regional offices in Denver, Houston, and Oklahoma City, Slawson began oil and gas exploration in 1957.
http://www.slawsoncompanies.com/exploration.html

About Stephens Production Company
Stephens Production Company (SPC) explores for and produces natural gas and oil. Acquired in the early 50's through a series of acquisitions, SPC is one of the largest privately owned, independent natural gas companies in the U.S. The company, headquartered in Fort Smith, Arkansas, is active in Arkansas, Oklahoma, Texas, Louisiana, Mississippi, Colorado, Wyoming and the Gulf of Mexico.
http://www.stephensgroup.com/aboutourpartners/currinv-energy.html

About Sundance Energy Ltd .
Sundance Energy Australia Ltd. (ASX: SEA) is a US onshore oil and gas company focused on the acquisition and development of large, repeatable resource plays.
http://www.sundanceenergy.com.au

SafeHarbor Statement
The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.

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Osage Exploration and Development, Inc.
Kim Bradford, President and CEO
Phone: 619-677-3956
kbradford@osageexploration.com
or
Jack Zedlitz, VP of Corporate Development
Phone: 405-270-0989
jzedlitz@osageexploration.com
http://www.osageexploration.com

KEYWORDS:   United States  North America  California  Oklahoma

INDUSTRY KEYWORDS:

The article Osage Exploration and Development Announces Second Quarter Earnings originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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Virgin Atlantic Puts the World in Travelers' Hands With New Virgin Atlantic World Elite MasterCard®

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Virgin Atlantic Puts the World in Travelers' Hands With New Virgin Atlantic World Elite MasterCard® Credit Card

Virgin Atlantic and Bank of America Renew Long-Term Partnership

SOUTH NORWALK, Conn.--(BUSINESS WIRE)-- Virgin Atlantic and Bank of America today announced the long-term renewal of their co-brand partnership and the launch of the new Virgin Atlantic World Elite MasterCard® credit card.


The new Virgin Atlantic World Elite MasterCard credit card rewards cardholders with three miles for every $1 spent on Virgin Atlantic purchases and 1.5 miles for all other purchases - one of the best ways to earn Flying Club miles.

"The new credit card program allows us to give our customers an extraordinary experience, both on the ground and in the air," said Chris Rossi, Senior Vice President, Virgin Atlantic North America. "Joining forces with Bank of America and MasterCard ensures our international travelers can use their credit cards easily - whether they're in London, our other worldwide destinations or their own neighborhoods."

Cardholders can earn miles every day that can be redeemed for rewards such as upgrades, Virgin Atlantic flights and partner flights with, for example, Delta Air Lines and Virgin America. Specific Flying Club miles earned through the card include:

  • Three miles per $1 spent directly on Virgin Atlantic purchases
  • 1.5 miles per $1 spent on all other purchases
  • Up to 40,000 bonus miles in the first year:
    • 20,000 bonus miles after first purchase
    • Up to 15,000 annual bonus miles after every anniversary
    • Up to 5,000 bonus miles for adding additional cardholders to existing accounts
  • Tier points to help ascend or maintain Flying Club Silver or Gold status

"Bank of America is proud to continue its long partnership with Virgin Atlantic. We recognize Virgin Atlantic's need to deliver an outstanding value proposition to Flying Club members, and this new World Elite MasterCard program will allow travelers to journey farther and enjoy more of what the world has to offer along the way," said Jeff Norwine, Affinity Banking Executive at Bank of America.

MasterCard is the exclusive U.S. network for the Virgin Atlantic co-brand portfolio.

"Travelers have told us that acceptance matters. This understanding of core traveler needs - combined with MasterCard's global acceptance footprint - serves as the foundation for a strong value proposition for Virgin Atlantic flyers," said Craig Vosburg, group executive, U.S. Market Development, MasterCard. "Through this program, consumers can build on this core benefit to take advantage of the access, perks and experiences that they look for every day."

In this new offering, Virgin Atlantic's Flying Club members - who earn miles to spend on rewards such as flights and upgrades - will also have access to MasterCard Priceless Cities. Priceless Cities is a program that brings consumers closer to their passion points by offering access to handpicked experiences and offers in their home cities and around the world, including exclusive access to concerts, restaurants, museums and sporting events.

For information on the Virgin Atlantic World Elite MasterCard credit card, including rates and fees, click this link or visit www.virginatlantic.com/plastic.

About Virgin Atlantic Airways

Virgin Atlantic Airways, one of the world's leading long-haul airlines, was founded in 1984, and currently has 38 aircraft in its fleet. Virgin Atlantic offers service from ten US cities as well as Vancouver to London, and onto a range of long-haul destinations worldwide. From its main base at London's Heathrow and Gatwick airports, Virgin Atlantic services destinations as far apart as Las Vegas, Tokyo, Mumbai, Boston and Shanghai. Even with Virgin Atlantic's continued growth, service remains customer driven with an emphasis on value for money, quality, fun and innovation, ensuring flying Virgin Atlantic is anything but ordinary. Pioneering many air travel innovations, Virgin Atlantic recently received a number of travel trade awards including, for the fourth consecutive year, Travel Weekly's "Best International Airline," Global Traveler's "Best Airline for Premium Economy Class," Business Traveler's "Best Premium Economy Class in the World," "Airline with the Best Business Class Service in the World" for 2012 by Premier Traveler and, for the first time, CNN's "Best Airport Clubs/Lounges" for the Clubhouse at New York's JFK. For additional information, visit www.virgin-atlantic.com

About Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We serve approximately 51 million consumer and small business relationships with approximately 5,300 retail banking offices and approximately 16,350 ATMs and award-winning online banking with 30 million active users and more than 13 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYS: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

About MasterCard

MasterCard (NYS: MA) , www.mastercard.com,is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.

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Reporters May Contact:
Virgin Atlantic
Nadia Basil, 1-203-750-2570
Nadia.Basil@fly.virgin.com
or
Bank of America
Betty Riess, 1-415-913-4416
betty.riess@bankofamerica.com
or
MasterCard
Beth Kitchener, 1-914-249-2058
beth_kitchener@mastercard.com

KEYWORDS:   United States  North America  Connecticut

INDUSTRY KEYWORDS:

The article Virgin Atlantic Puts the World in Travelers' Hands With New Virgin Atlantic World Elite MasterCard® Credit Card originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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L-3 Selected to Provide In-Service Support for Canada's CC-150 Polaris Fleet

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L-3 Selected to Provide In-Service Support for Canada's CC-150 Polaris Fleet

NEW YORK--(BUSINESS WIRE)-- L-3 Communications (NYS: LLL) announced today that its MAS division has been awarded a contract from the Government of Canada to provide complete in-service support (ISS) services for the country's fleet of CC-150 aircraft. The five-year contract, with two five-year option periods, has a total potential value of $669 million ($683 million Canadian).

The CC-150 Polaris fleet, which is based on the Airbus A310 platform, is used by Canada's Department of National Defence (DND) for such high-profile missions as VIP transportation and strategic air-to-air refueling, as well as passenger, freight and medical evacuation transportation. As the prime contractor, L-3 MAS is responsible for overall program management, materiel management, engineering support, flightline maintenance, heavy maintenance, and component maintenance, repair and overhaul services.


"We are honored to be selected by the Canadian government to continue supporting the CC-150 Polaris fleet and its strategically important mission," said John McNellis, president of L-3's Integrated Systems Group. "This award is very significant to L-3, as we continue to expand our platform and logistics solutions capabilities internationally. It also provides additional diversity to our impressive Canadian military ISS business base, which already includes fighters, trainers and helicopters."

L-3 MAS has been the incumbent on this program since being awarded the CC-150 Interim ISS contract in June 2012. Under this new contract, L-3 MAS will conduct work at its facilities in Mirabel, Quebec, and at the customer's operating base in Trenton, Ontario.

L-3 MAS, a division of L-3 Integrated Systems Group, is Canada's leading provider of aircraft modification, systems integration, life cycle management, fleet management and in-service support to government and commercial customers. In addition, L-3 MAS offers turnkey solutions for the design, prototyping, manufacture, repair, and overhaul and certification of aerospace components, and is a leader in the technical publications field. L-3 MAS is headquartered in Mirabel, Quebec, and employs 900 people at operating centers across Canada and in Williamtown, Australia. To learn more about L-3 MAS, please visit the company's website at www.L-3com.com/mas.

Headquartered in New York City, L-3 employs approximately 51,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, platform and logistics solutions, and national security solutions. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2012 sales of $13.1 billion.

To learn more about L-3, please visit the company's website at www.L-3com.com. L-3 uses its website as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company's website and is readily accessible.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "will," "could" and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-Looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

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L-3 Communications
Corporate Communications
212-697-1111

KEYWORDS:   United States  North America  Canada  New York

INDUSTRY KEYWORDS:

The article L-3 Selected to Provide In-Service Support for Canada's CC-150 Polaris Fleet originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Introducing the Home Collection by Post-it Brand and Scotch Brand

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Introducing the Home Collection by Post-it Brand and Scotch Brand

New line of organizational products offers easy ways to help manage daily reminders and tackle tomorrow's to-dos

ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M Company launches the Home Collection by Post-it Brand and Scotch Brand, the first comprehensive line of unique Post-it Products and Scotch Products designed to help families manage their busy lifestyles; the collection is currently availableat The Container Store.

Post-it Reminder Tags from the Home Collection by Post-it Brand and Scotch Brand (Photo: Business Wi ...

Post-it Reminder Tags from the Home Collection by Post-it Brand and Scotch Brand (Photo: Business Wire)


Pairing functionality with stylish design and soft hues, the Home Collection by Post-it Brand and Scotch Brand provides a unique and intuitive approach to organization. Tools from the line include memory joggers for important reminders, items to keep everything you need in sight and in mind, and creative solutions to show off and protect items that are fit-to-frame. The products work together to promote accessible and visible organization, so families can spend less time trying to find what they need and more time enjoying each other.

"Communication and organization keep busy households running, and the new Home Collection offers simple yet chic tools that help families do just that, at the same time showcasing their personal style," said Jeff Hillins, Global Business Director, Post-it Brand. "For the first time ever, Post-it Products and Scotch Products are being offered together through The Container Store, tapping into the highly trained experts and exceptional customer service of the nation's leading retailer of storage and organization products."

The Home Collection by Post-it Brand and Scotch Brand features more than 15 new product solutions in different colors and sizes, including:

  • Post-it Reminder Tags: with adhesive on one end to loop notes around bag handles, backpacks and more, Reminder Tags serve as memory joggers to ensure today's important reminders are seen.
  • Post-it View and Go Pockets: designate a visible spot to place items like schedules, school paperwork, coupons, bills and more and help keep track of tomorrow's to-dos and important information.
  • Post-it Shopping Organizer: features a color-coded list note and a multi-layer pocket to conveniently keep everything needed for errands in one place.
  • Scotch Restickable Strips and Scotch Display Frames: add a personalized touch to home décor with decorative ways to neatly show off and protect items that are fit to frame such as children's artwork, accomplishments, family photos and cards. They even work on stainless steel fridges!

The Home Collection by Post-it Brand and Scotch Brand is currently available at The Container Store locations nationwide and online at www.containerstore.com. For more information about the Home Collection by Post-it Brand and Scotch Brand, please visit www.post-it.com/home.

About 3M

3M captures the spark of new ideas and transforms them into thousands of ingenious products. Our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3M is the innovation company that never stops inventing. With $30 billion in sales, 3M employs 88,000 people worldwide and has operations in more than 70 countries. For more information, visit www.3M.com or follow @3MNews on Twitter.

About The Container Store

Founded in 1978, Dallas-based The Container Store is the nation's originator and leading retailer of storage and organization products, offering more than 10,000 innovative solutions designed to save space and time. The retailer couples its one-of-a-kind product collection with expert customer service delivered by its highly-trained organization experts. Learn more about The Container Store's employee-first culture, atypical approach to business and commitment to their communities on its blog at standfor.containerstore.com. Visit containerstore.com for more information about store locations, the product collection and services offered. 2012 Fiscal year sales were $706 million. The Container Store is privately held.

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LaForce + Stevens
Allison Strassberg, 212-242-9353
astrassberg@laforce-stevens.com
or
3M Corporate Communications
Robert Brittain, 651-733-7034
rbrittain@mmm.com

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The article Introducing the Home Collection by Post-it Brand and Scotch Brand originally appeared on Fool.com.

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PopCap Launches Plants vs. Zombies 2 Worldwide

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PopCap Launches Plants vs. Zombies 2 Worldwide

Highly Anticipated Sequel Available Now, Initially Exclusive To iPhone, iPad and iPod touch


SEATTLE--(BUSINESS WIRE)-- PopCap Games, creator of some of the world's most beloved video game franchises and a division of Electronic Arts Inc. (NAS: EA) , today announced the worldwide availability of Plants vs. Zombies2. The highly anticipated sequel to Plants vs. Zombies, Plants vs. Zombies 2 will be initially available exclusively for iPhone®, iPad® and iPod touch®. Featuring a time-travel theme that propels players through different historical eras to face off with zombies from various time periods, Plants vs. Zombies 2 is free to play and can be found on the App Store around the world, in seven different languages with additional languages supported soon. The game will become available for other platforms later this year and beyond. PopCap today also unveiled the official launch trailer for Plants vs. Zombies 2 on its YouTube channel: www.youtube.com/popcap.

Designed as an ever-expanding universe that will offer regular updates including new worlds full of new plants, zombies and challenges beyond the first three that comprise the initial game, Plants vs. Zombies 2 extends the classic gameplay of the original and provides players with dozens of all-new levels, plants and zombies. While the vast majority of the game is entirely free to play (players can face every zombie and access every level in every world at no cost), Plants vs. Zombies 2 players can also purchase upgrades and other in-game items.

In addition to new places to explore and discover, Plants vs. Zombies 2 includes a wide variety of gameplay enhancements, including Plant Food, which drops from glowing zombies and offers a temporary but powerful boost to your plant attacks. Plants vs. Zombies 2 also includes all-new gesture-based power-ups that enable players to interact with zombies directly, to augment their plant defenses.

Key features of Plants vs. Zombies 2 include:

  • Three all-new worlds to explore, with more worlds coming soon!
  • More than 60 levels at launch, with dozens more coming in future worlds
  • Dozens of new plants and zombies, each with unique powers and behaviors
  • Plant food to supercharge your floral defenses
  • Touch-screen power-ups that let you pinch, flick and zap zombies directly
  • Side missions, mini-games and other brain-teasing challenges in every world
  • Challenge Zones at the end of each world that provide never-ending quests for glory

"Hooray!" said Lukas Beedle, 8, of Los Altos, California. "I was five when I started playing Plants vs. Zombies, and my mom and I played all the way to the end a bunch of times. I think she played it even more than I did. I love everything about Plants vs. Zombies, because it's really funny and not scary and there are so many different ways to beat the zombies. I feel like I've been waiting for more plants and zombies for almost half my life - because I have!"

Plants vs. Zombies 2 is available for free from the App Store on iPhone, iPad and iPod touch, or at www.AppStore.com/PopCap.

About PopCap

PopCap Games is the leading global developer, publisher and operator of casual video games: fun, easy-to-learn, captivating games that appeal to all ages across PC, mobile, social and other platforms. Based in Seattle, Washington, PopCap was founded in 2000, was acquired by Electronic Arts in 2011, and has a worldwide staff of more than 400 people in Seattle, San Francisco, and Shanghai.

About Electronic Arts

Electronic Arts (NAS: EA) is a global leader in digital interactive entertainment. The Company delivers games, content and online services for Internet-connected consoles, personal computers, mobile phones and tablets. EA has more than 300 million registered players and operates in 75 countries.

In fiscal year 2013, EA posted GAAP net revenue of $3.8 billion. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality blockbuster brands such as The Sims™, Madden NFL, FIFA Soccer, Need for Speed™, Battlefield™ and Mass Effect™. More information about EA is available at www.ea.com/news.

iPhone, iPad, and iPod touch are trademarks of Apple, Inc., registered in the U.S. and other countries. PopCap, Plants vs. Zombies, The Sims, Need for Speed, Mass Effect and Battlefield are trademarks of Electronic Arts Inc. and its subsidiaries. John Madden, NFL and FIFA are the property of their respective owners and used with permission.

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PopCap Games
Garth Chouteau, 415-602-8147
garth@popcap.com
or
Radiate PR
Laurie Thornton, 650-743-6487
laurie@radiatepr.com

KEYWORDS:   United States  North America  California  Washington

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The article PopCap Launches Plants vs. Zombies 2 Worldwide originally appeared on Fool.com.

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IR's R8 RAD-Hard MOSFETs Increase Efficiency Up to 6% While Reducing Footprint 50% Compared to Exist

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IR's R8 RAD-Hard MOSFETs Increase Efficiency Up to 6% While Reducing Footprint 50% Compared to Existing Solutions

EL SEGUNDO, Calif.--(BUSINESS WIRE)-- International Rectifier, IR® (NYS: IRF) , a world leader in power management technology, today introduced two high performance R8 radiation hardened (RAD-Hard) power MOSFETs optimized for space grade point-of-load (POL) voltage regulator applications.

The new R8 logic level power MOSFETs utilize Trench technology to offer extremely low on-state resistance (RDS(on)) of 12 milliohms (typical) and total gate charge (QG) of 18nC (typical), increasing efficiency performance by up to 6% compared to existing solutions. The IRHLNM87Y20SCS device has a BVDSS rating of 20V and a maximum drain current (ID) rating of 17A. The new devices are available in IR's new SMD 0.2 surface-mount style package, achieving a 50% space saving compared to the existing SMD 0.5 package solution. The devices are also offered in a TO-39 package or in die form for microcircuit design solutions.


"Delivering industry leading performance in the smallest footprint, and optimized for POL designs, IR's new R8 RAD-Hard MOSFETs satisfy the space industry's need to reduce the overall size and weight of the system while increasing efficiency," said Tiva Bussarakons, Marketing Director, IR's HiRel Business Unit.

The products are fully characterized for radiation performance to 300Krads of TID and SEE with LET of 81 MeV-cm2/mg with VGS rating of 12V. Depending on the intended design orbit and anticipated radiation environment, R8 RAD-Hard MOSFETs may be well suited for applications requiring a mission life of 15 years or more.

More information is available on the International Rectifier website at http://www.irf.com/whats-new/nr130815.html.

Availability and Pricing

Pricing for the R8 MOSFETs begins at $594 each for 250-unit quantity. Production orders are available immediately. Prices are subject to change. This product is subject to U.S. export control laws and regulations.

About International Rectifier

International Rectifier (NYS: IRF) is a world leader in power management technology. IR's analog and mixed signal ICs, advanced circuit devices, integrated power systems and components enable high performance computing and reduce energy waste from motors, the world's single largest consumer of electricity. Leading manufacturers of computers, energy efficient appliances, lighting, automobiles, satellites, aircraft and defense systems rely on IR's power management benchmarks to power their next generation products. For more information, go to www.irf.com.

Patent and Trademark Notice

IR® is a registered trademark of International Rectifier Corporation. All other product names noted herein may be trademarks of their respective holders.

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International Rectifier Corporation
Sian Cummins, 310-252-7148
scummin1@irf.com

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The article IR's R8 RAD-Hard MOSFETs Increase Efficiency Up to 6% While Reducing Footprint 50% Compared to Existing Solutions originally appeared on Fool.com.

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National Academy of Sports Medicine and Life Time Academy Help Launch Successful Careers

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National Academy of Sports Medicine and Life Time Academy Help Launch Successful Careers

Strength of National Collaboration Earns Certified Personal Trainers Higher Salaries

CHANDLER, Ariz.--(BUSINESS WIRE)-- A nationwide collaboration between two industry leaders in health and wellness - National Academy of Sports Medicine (NASM) and Life Time Academy, the premier state-licensed academic division of Life Time - The Healthy Way of Life Company (NYSE: LTM) - is launching successful careers for the industry's most talented Certified Personal Trainers and helping them earn $30,000 more annually than the industry standard.


Life Time Academy, a professional certificate program that trains and educates fitness professionals in the necessary skills for a successful careers in the health and fitness industry, is seeing enormous success in its graduates largely due to its partnership with NASM, a global leader in evidence-based education, certifications and advanced credentials for health and fitness professionals. While attending Life Time Academy, students earn the necessary credentials to be best-in-class professionals obtaining the NASM Certified Personal Trainer (CPT) certification, Corrective Exercise Specialist (CES) and Performance Enhancement Specialist (PES) through NASM while receiving their diploma from Life Time Academy.

"Our partnership with NASM creates the best-in-class curriculum to prepare graduates for success in the business of personal training," said Jeff Rosga, education director for Life Time Academy. "Individuals who get into the fitness industry do so because of their passion for living a healthy way of life. Our program gives our students the tools, real world practical training and certifications they need in order to turn their passion into a rewarding career."

Students at Life Time Academy's state-of-the-art facilities put their learning into applicable practice, and experience one-on-one interaction with highly trained faculty, administration and club members. To date, 100 percent of Life Time Academy graduates have gained employment following graduation and earn $30,000 more annually than the industry average. Nearly 70 percent of graduates are hired at one of Life Time's 106 sports, professional fitness, family recreation and resort destinations located throughout the country.

"The Life Time Academy program simulates the real-life experience of being a Certified Personal Trainer under the guidance of two of the most established health and fitness institutions in the country," said Andrew Wyant, president of NASM. "This partnership brings the fitness industry's top resources to students, arming them with the latest research, methodology, techniques and expert advice designed to accelerate their career opportunities."

Among hundreds of graduates each year, there are countless success stories of men and women who have launched successful careers in the industry:

  • Kathy Miller, 47 - After her mother died of Pancreatic Cancer, Kathy had to deal with her father's stage 2 Alzheimer's. After reading an article linking exercise to decreased chances of developing Alzheimer's, Kathy decided she was "all in" and enrolled to become NASM certified and a Life Time Academy student.
  • Amy Gunty, 27 - Losing more than 100 pounds lit a fire under Amy who enrolled with Life Time Academy following her significant weight loss. Sports made her feel happy, strong and free, and she quickly found she could help others while also enjoying a flexible schedule as a Certified Personal Trainer.
  • Bob Press, 55 - Bob worked as a corporate marketer with several Fortune 500 companies. After being laid off, he decided to make a career change. Bob joined Life Time Academy and not only began a new career path, but got himself into the best shape of his life after losing 26 pounds and lowering his body fat to 16 percent.

Life Time Academy currently offers enrollment to new students in six states including Colorado, Michigan, Minnesota, North Carolina, Texas and Virginia. For more information, visit LTAcademy.net.

About NASM
Since 1987, the National Academy of Sports Medicine (NASM) has been a global leader in providing evidence-based certifications and advanced credentials to health and fitness professionals. In addition to its NCCA-accredited fitness Certified Personal Trainer (CPT) certification, NASM offers a progressive career track with access to Advanced Specializations including the Corrective Exercise Specialist (CES), Performance Enhancement Specialist (PES), Continuing Education courses, and accredited Bachelor and Master Degree programs. The NASM educational continuum is designed to help today's health and fitness professional enhance their career while empowering their clients to live healthier lives.

To learn more about NASM certifications, visit www.nasm.org or call 1.800.460.NASM. For news, industry insight and promotions, subscribe to the latest issue of The Training Edge and follow us on Facebook or Twitter.

About Life Time Fitness, Inc.
As The Healthy Way of Life Company, Life Time Fitness (NYS: LTM) helps organizations, communities and individuals achieve their total health objectives, athletic aspirations and fitness goals by engaging in their areas of interest - or discovering new passions - both inside and outside of Life Time's distinctive and large sports, professional fitness, family recreation and spa destinations, most of which operate 24 hours a day, seven days a week. The Company's Healthy Way of Life approach enables customers to achieve this by providing the best programs, people and places of uncompromising quality and value. As of August 15, 2013, the Company operated 106 centers under the LIFE TIME FITNESS® and LIFE TIME ATHLETIC® brands in the United States and Canada. Additional information about Life Time centers, programs and services is available at lifetimefitness.com.

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Off Madison Ave
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amyl@offmadisonave.com

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More than 2,000 Team Members Celebrate ADT's 139th Birthday by Participating in its First-Annual Day

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More than 2,000 Team Members Celebrate ADT's 139 th Birthday by Participating in its First-Annual Day of Service on August 17

Team Members to Volunteer with More Than 40 Nonprofits in the U.S. and Canada


BOCA RATON, Fla.--(BUSINESS WIRE)-- More than 2,000 ADT team members across the U.S. and Canada will roll-up their sleeves on August 17th for a day of service to celebrate the company's 139th birthday and to launch its community service program, ADT Always Cares. Through company-sponsored volunteer events, ADT Always Cares will enable team members and their families to positively impact charities that protect vulnerable populations and support first responders in their communities.

"Always Cares will be a great catalyst to bring the ADT family together through service to the organizations that matter most to our local communities," said Anita Graham, chief human resources officer at ADT. "The program is an integral part of our culture at ADT, and we look forward to building long-term relationships with these local nonprofits."

ADT team members in seven North American markets will participate in more than 50 events for the ADT Always Cares day of service. Some of the volunteer events include:

  • Boca Raton, Fla.: South Florida team members will perform landscaping and yard maintenance at SOS Children's Village, a unique foster care neighborhood that allows for brothers and sisters to remain together.
  • Knoxville, Tenn.: The Knoxville team will deliver food to the Second Harvest Food Bank, the region's largest hunger-relief charity that distributes about 16 million pounds of food a year to over 500 nonprofits.
  • Jacksonville, Fla.: Jacksonville team members will clean local beaches to create a more attractive environment for citizens to enjoy during the upcoming Labor Day weekend.
  • Rochester, N.Y.: The Rochester team will beautify the grounds at CP Rochester, an organization that helps individuals with physical and developmental disabilities.
  • Dallas-Fort Worth, Texas: Dallas-Fort Worth team members will remove trash, plant trees and construct picnic tables and benches at Mountain Creek Preserve.
  • Denver, Colo: The Denver team will cut and create mulch rings around trees at the Aurora Municipal Center.
  • Calgary, Ontario: The Calgary team will decorate and paint rooms at the Universal Rehabilitation Service Agency, an assisted living residential community.

"ADT is part of a growing number of companies implementing effective volunteer programs that benefit the community and contribute to employee retention, recruitment, and team building efforts," said Colleen Olphert, director of membership at Boston College Center for Corporate Citizenship. "We applaud ADT for launching such a valuable program and wish them great success."

The ADT Always Cares program will continue to roll-out to all ADT locations across the U.S. and Canada over the next 12-24 months. To learn more about ADT Always Cares, please visit: www.adt.com/cares.

About ADT

The ADT Corporation (NYS: ADT) is a leading provider of electronic security, interactive home and business automation and monitoring services for residences and small businesses in the United States and Canada. ADT's broad and pioneering set of products and services, including ADT Pulse interactive home and business solutions, and home health services, meet a range of customer needs for today's active and increasingly mobile lifestyles. Headquartered in Boca Raton, Florida, ADT helps provide peace of mind to more than six million customers, and it employs approximately 16,500 people at 200 locations. More information is available at www.adt.com.

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The ADT Corporation
Media Relations:
Sarah Cohn, +1 561-322-7029
scohn@adt.com

KEYWORDS:   United States  North America  Canada  Colorado  Florida  New York  Tennessee  Texas

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The article More than 2,000 Team Members Celebrate ADT's 139th Birthday by Participating in its First-Annual Day of Service on August 17 originally appeared on Fool.com.

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ACE Limited Board Declares Quarterly Dividend

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ACE Limited Board Declares Quarterly Dividend

ZURICH--(BUSINESS WIRE)-- The Board of Directors of ACE Limited (NYS: ACE) today declared a quarterly dividend equal to $0.51 payable on October 21, 2013, to shareholders of record at the close of business on September 30, 2013, subject to a required filing with the Swiss Commercial Register. Dividend payments will be made in United States dollars (USD) by the company's transfer agent.

The company's par value is currently 27.95 Swiss francs (CHF) per share, and in connection with the dividend the par value per share will be reduced on the record date by the CHF equivalent of $0.51 based on the USD/CHF rate published on September 23, 2013. This will be the second of four par value reduction installments as approved by the company's shareholders on May 16, 2013.


The ACE Group is one of the world's largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYS: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.

Cautionary Statement Regarding Forward-Looking Statements :

Forward-looking statements made in this press release, such as statements regarding the dividend payment and record date, reflect the company's current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially as set forth in these statements. For example, the company's forward-looking statements about its dividend payment could be affected by extraordinary currency fluctuations leading to reduction in the USD value of the dividend pursuant to the dividend cap approved by the company's shareholders and described in the company's proxy statement dated April 5, 2013; or delay in filing or acceptance of filing of the necessary amendments to the company's Articles of Association which makes the record date official. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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ACE Limited
Investor Contact:
Helen M. Wilson, (441) 299-9283
helen.wilson@acegroup.com
or
Media Contact:
Stephen M. Wasdick, (212) 827-4444
stephen.wasdick@acegroup.com

KEYWORDS:   United States  Bermuda  Europe  North America  Caribbean  New York  Switzerland

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The article ACE Limited Board Declares Quarterly Dividend originally appeared on Fool.com.

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Xylem expands its aquaculture offering with new ultraviolet, saltwater-resistant treatment solutions

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Xylem expands its aquaculture offering with new ultraviolet, saltwater-resistant treatment solutions

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- Xylem Inc., a leading global water technology company focused on addressing the world's most challenging water issues, announced today that it has expanded its offering of WEDECO ultraviolet (UV) disinfection solutions specifically developed for the tank-based aquaculture industry. Xylem's new closed-vessel WEDECO BX and Quadron series UV systems are designed for inactivating fish pathogens. The systems are contained in duplex stainless steel reactors capable of resisting the corrosive effect of saltwater. The new WEDECO units will enable customers to efficiently handle pressurized flows ranging from 10 to more than 4,000 cubic meters per hour. The new systems are being showcased at the Aqua Nor trade show in Trondheim, Norway this week (stand # 325).

"We are excited to offer new and innovative aquaculture solutions to our customers," said Gretchen McClain, president and chief executive officer of Xylem. "The recent extension of our line of WEDECO disinfection systems is the latest example of our commitment to solving our customers' water problems. We look forward to bringing all areas of Xylem's aquaculture expertise to customers in pumping, treatment, instrumentation, heat exchange and control systems, for optimal biosecurity, energy efficiency, and value."


Xylem's WEDECO brand is a world leader in UV technology. Large-scale fish farms in European countries such as Norway, a country with some of the longest established and most advanced aquaculture industries rely on Xylem's disinfection equipment to protect their aquatic livestock from the spread of diseases and to ensure clean, safe water for their aquaculture businesses. Xylem's aquaculture UV solutions are approved by the Norwegian Veterinary Institute (NVI) and validated according to the United States Environmental Protection Agency (EPA) standards.

For more information on Xylem's aquaculture offering, please visit www.xyleminc.com/aquaculture to learn more about our complete line of products and services and also to download a newly issued white paper entitled Protecting Fish and Fish Farmers from Infectious Disease, which discusses UV disinfection systems for aquaculture biosecurity.

Aquaculture is the most rapidly growing sector of food production worldwide. Higher fish density can lead to pathogen increase which is a significant threat to aquaculture operations. Disinfection by UV or ozone can reduce the risk of disease in aquaculture systems and results in less need for vaccination, as well as higher growth rates and decreased fish mortality.

About Xylem

Xylem (NYS: XYL) is a leading global water technology provider, enabling customers to transport, treat, test and efficiently use water in public utility, residential and commercial building services, industrial and agricultural settings. The company does business in more than 150 countries through a number of market-leading product brands, and its people bring broad applications expertise with a strong focus on finding local solutions to the world's most challenging water and wastewater problems. Xylem is headquartered in White Plains, N.Y., with 2012 annual revenues of $3.8 billion and approximately 12,900 employees worldwide. In 2012, Xylem was named to the Dow Jones Sustainability World Index for advancing sustainable business practices and solutions worldwide.

The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all -- that which occurs in nature. For more information, please visit us at www.xyleminc.com.

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Xylem
Jennifer Jacob, +1-914-323-5745
Jennifer.Jacob@xyleminc.com

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The article Xylem expands its aquaculture offering with new ultraviolet, saltwater-resistant treatment solutions originally appeared on Fool.com.

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New York & Company, Inc. Announces Date of Conference Call and Webcast for Second Quarter Fiscal Yea

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New York & Company, Inc. Announces Date of Conference Call and Webcast for Second Quarter Fiscal Year 2013 Results

NEW YORK--(BUSINESS WIRE)-- New York & Company, Inc. (NYS: NWY) , a specialty apparel chain with 512 stores open, today announced that the Company will release second quarter fiscal year 2013 results after the market closes on Thursday, August 22, 2013. The Company will conduct a conference call at 4:30 p.m. Eastern Time on the same day to discuss its second quarter fiscal year 2013 results. The call will be hosted by Greg Scott, Chief Executive Officer; Laura Weil, Executive Vice President and Chief Operating Officer; and Sheamus Toal, Executive Vice President and Chief Financial Officer.

Investors and analysts interested in participating in the call are invited to dial (888) 430-8691 and reference conference ID number 5963186 approximately ten minutes prior to the start of the call. The conference call will also be web-cast live at www.nyandcompany.com. A replay of this call will be available at 7:30 p.m. Eastern Time on August 22, 2013 until 11:59 p.m. Eastern Time on August 29, 2013 and can be accessed by dialing (877) 870-5176 and entering conference ID number 5963186.


About New York & Company

New York & Company, Inc. is a leading specialty retailer of women's fashion apparel and accessories, and the modern wear-to-work destination for women, providing perfectly fitting pants and NY Style that is feminine, polished, on-trend and versatile. The Company's proprietary branded New York & Company® merchandise is sold exclusively through its national network of retail stores and eCommerce store at www.nyandcompany.com. The Company currently operates 512 stores in 43 states. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company's website: www.nyandcompany.com.

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Company Contact:
Suzanne Rosenberg
Director, Investor Relations
(212) 884-2140
or
Investor Contact:
ICR, Inc.
Investor: Allison Malkin
(203) 682-8200

KEYWORDS:   United States  North America  New York

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The article New York & Company, Inc. Announces Date of Conference Call and Webcast for Second Quarter Fiscal Year 2013 Results originally appeared on Fool.com.

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Drop in Auto Production Pushes Factory Output Lower

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industrial production manufacturing output economy factory workers
Richard Drew/AP
By MARTIN CRUTSINGER

WASHINGTON -- Output at U.S. factories declined slightly in July, reflecting a drop in auto production. The decline was expected to be temporary given the banner sales year automakers are having.

The Federal Reserve says manufacturing output edged down 0.1 percent in July compared with June. It was the first drop since declines in March and April.

July's weakness reflected a 1.7 percent drop in production of motor vehicles and parts. That decline should be reversed in coming months as automakers ramp up production for the new model year.

Overall industrial production, which includes factories, mines and utilities, was flat in July after a 0.2 percent rise in June. A sharp 2.1 percent surge in mining was offset by a 2.1 percent drop in utility output.

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Thursday's Top News Headlines

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Here are today's top news headlines from Fool.com. Check back throughout the day as this list is updated, and follow us on Twitter at TMFBreaking.

Warren Buffett Candy Tour Charity Auction Raises $156,000

IBM Wins $1 Billion Department of the Interior Contract


Cheap Natural Gas Keeps Producer Prices Steady for July

Housing Affordability Falls to Lowest Level in 4.5 Years

The article Thursday's Top News Headlines originally appeared on Fool.com.

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Eccentric Aussie Digs China an $8 Billion Investment Sinkhole

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CiticThe Sino Iron Mine's concentrator area.

"It seemed like a good idea at the time" is a phrase often used to cover a multitude of sins, bad ideas, and botched plans. But even back when the plans for this massive iron-ore-mine-gone-wrong were first proposed, many people in the know didn't think the idea was very good.

Seven years ago, eccentric Australian billionaire Clive Palmer pitched Citic Pacific Investment Ltd. on the idea of mining low-grade iron ore from the Australian Outback. Citic is a part of China's biggest state-owned investment vehicle.

Clive Palmer, Australian billionaire and mining magnate, speaks during a news conference on the plans for the replica Titanic at the Ritz hotel in London, U.K., on Saturday, March 2, 2013. Palmer plans to build a 21st Century replica of the Titanic and sail it from England to New York by the end of 2016. Photographer: Matthew Lloyd/Bloomberg via Getty Images
Matthew Lloyd/Bloomberg via Getty Images Clive Palmer, Australian billionaire and mining magnate

The total cost to get the Sino Iron mine producing ore on a steady basis was originally estimated to be $2.5 billion. With the first two lines built but still not fully operational, the mine has yet to actually ship any ore; estimates for how much it will cost in total to get it completely up and running range as high as $8 billion, according to a Bloomberg report.

At least one analyst quoted in that article thinks even that figure is far from certain. "The uncertainty is," Moody's Investors Service senior analyst Kai Hu said, "the company still hasn't provided the market with clear estimation of the remaining capital expenditures."

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And this week, the news out of Sino Iron continued to be bad: According to Reuters, CITIC Pacific said Wednesday during its half-year earnings report that repairs to a key processing plant on the second production line were taking longer than anticipated, which means more delays for the project. On the positive side, progress was being made in getting the first production line started up.

According to The Australian news website, the issues at the grinding mill, which halted work in April, are a "major technical problem." And beyond that, the site notes, a major money wrangle between Citic and Palmer -- to the tune of around $183 million in contested royalties -- will have to be settled by the courts before the ore can begin flowing. As The Australian writes:

In a report to shareholders, Citic did not provide a fresh estimate for when magnetite exports would begin from the project, but did concede that shipments could not start until the resolution of a messy legal dispute with Mr Palmer over security plans at the Cape Preston port.

China is the world's largest consumer of iron ore, and helped fund the investment through Citic as a way to have a stake -- and therefore more of a say -- in the procurement of a commodity its economy relies on. Now, Citic may have to sell a considerable amount of debt to finance the completion of the mine, causing its stock price to drop for the fourth year in a row. Currently, Citic shares are down by about a third from their 2013 high point.

Follow the Mad Money

Palmer earned the tag "eccentric" in part because of his plans to build a full-scale replica of the Titanic and and sail it from the U.K. to New York City. Perhaps adding fuel to the fire, according to Palmer himself, at the time he proposed the idea of a low-grade iron-ore mine in the far reaches of Australia, peers called the idea "mad."

Palmer stands to make money on the deal from royalties once the mine is actually producing and selling ore, but it's unclear how much money Palmer himself put up to fund the project, if any. If his statement in the Bloomberg article is any indication, he seems unconcerned at the state of things: "[The mine has] cost ... more money and it's taken ... longer, but that's the learning curve."

Palmer may be unconcerned at how long it's taking to turn a profit from the world's largest iron-ore mine, but it's unlikely that Citic and its long-suffering shareholders feel quite so unconcerned about the investment sinkhole they now find themselves in.

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John Grgurich is a contributing writer to The Motley Fool.

 

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Common Money-Saving Mistakes That Can Cost You -- Savings Experiment

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Everyone likes to save money, but certain deals aren't all they're cracked up to be. Here are a few ways to avoid the most common money-saving mistakes.

First, never tell a salesperson your maximum budget. Your inclination may be to set a price limit, but once they know your budget, salespeople will try to push products on the high end of your range, and possibly beyond. Instead, offer a general price range without getting into specifics.

Next, if you're desperate for a new item -- whether it be a new computer, phone or other big ticket item -- don't disclose how badly you need it. Knowing the necessity of a purchase can lead a salesperson to hold back on giving you the best deal.

When it comes to food, warehouse clubs may not be your best bet. You'll get more, but could potentially save less. According to the Natural Resources Defense Council, buying in bulk is the leading cause of food waste in America, costing a family of four up to $2,275 per year. So, keep spending down by buying items that are used often and don't spoil quickly.

Before you head to the stores, keep these common shopping mistakes in mind. You'll catch more deals and end up throwing away less money.

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1 Problem Ford Needs to Reverse

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Ford world headquarters. Photo Credit: Ford Motor Company.

A huge problem facing many large corporations today is the underfunding of pension plans. Consider this: As of last quarter, Ford's automotive debt totaled $15.8 billion but its pension plan ended last year underfunded to the tune of $18.7 billion. It's the same story across town at General Motors , which was underfunded by a staggering $27.8 billion. Those are huge sums of money needing to be put into the pension plan that could otherwise be spent to grow the business. Ford has made real progress this year at tackling this problem head on, and plans to have the pension fully funded by mid-decade.

By the numbers
In 2011 Ford only contributed $1.1 billion into its pension plan, but increased its pay-in significantly last year to $3.4 billion. Much of Ford's contribution last year was discretionary; it was only required to put in $1.4 billion. Ford is continuing that trend and bumping up its contributions even more this year for a total of $5 billion. The equivalent of all of 2012's contributions ($3.4 billion) will be discretionary this year as only $1.6 billion was required.


In addition to paying in more than required to try and fix the underfunded pension problem, Ford has been executing a de-risking plan. It's basically offering some employees a lump-sum option, and has completed about 60% of its expected settlements, wiping $2.7 billion in obligations off the books.

One factor that is out of Ford and GM's hands is the discount rate. As discount rates rise, obligations to the pension fund drop, and vice versa. Since rates had been sitting at very low levels it's caused the underfunded pension figures to balloon, but that's beginning to change.

In fact even a small change in the discount rate makes a huge difference. A 70-80 basis point increase would reduce Ford's pension gap by 42%, down to $10.8 billion by the end of this year, said Matthew Stover, an auto analyst with Guggenheim Securities, according to Automotive News.

Due to Ford contributing billions of dollars more than required, enacting a successful de-risking plan, and taking advantage of a rising discount rate, the company should meet its goal to fully fund its pension plan by mid-decade. That's great news for its investors who would much rather see those billions go to returning value to shareholders.

Bottom line
As Ford races toward 2015 there are many positive catalysts that should enable its success story to continue. Consider that in 2015 Ford plans to be profitable in Europe again, double its market share in China, reduce automotive debt from $15.8 billion to roughly $10 billion, and have a fully funded pension plan. That's a list of impressive goals; if achieved as planned, it will boost Ford's stock price much higher.

Keeping tabs on problems like underfunded pensions is how investors become successful. Do you know the major developments that could crush Ford? The secrets to success that could make investors like you rich? The answers are simpler than you think, and The Motley Fool is sharing them in a free report entitled, "5 Secrets to Ford's Future." Inside we outline critical information every Ford investor must know, so click here now for your free report.

The article 1 Problem Ford Needs to Reverse originally appeared on Fool.com.

Fool contributor Daniel Miller owns shares of Ford and General Motors. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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Is Netflix's Latest Hit Show Doomed If This Star Actress Walks Away?

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Netflix is making big bets on original programming. The company has reportedly spent more than $200 million on shows such as Kevin Spacey vehicle House of Cards, cult comedy revival Arrested Development, and women's prison dramedy Orange Is the New Black. The gamble appears to be paying off, but nothing comes easy in Hollywood.

The first batch of originals has produced 14 Emmy nominations, and Orange might beat them all next year. After all, Rolling Stone says that it's "the better written, more heartfelt, and more complete show" and added: "It shines where Cards fails and, if the TV gods are on our side, it will end up with just as many nominations as its big brother in 2014."

Orange was renewed for a second season before the first one even became available to Netflix subscribers. That's a gutsy call, and also a strong endorsement of the show's quality. Reviews like the gushy Rolling Stone article indicate that it's the right bet, too.


But what if the much-lauded cast doesn't come together for the second season? The Hollywood Reporter says that key cast member Laura Prepon won't be a regular next year.

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Laura Prepon, in character as Orange Is the New Black's Alex Vause. Source: Netflix.

"Prepon will only return to the [Lions Gate ] TV-produced drama to wrap up her storyline, though the door remains open for the actress to return to the series," says the Reporter. The magazine "confirmed" this data point but won't spill the beans on its insider sources.

Removing Prepon from the boiling Orange pot could ruin the hit-making recipe. Her character, drug mule Alex Vause, is the reason series lead Piper Chapman (played by Taylor Schilling) is in prison to begin with, and their strained relations play a central role in the first season.

Netflix wants to shoot down the Reporter scoop. The company told E! Online and others that the rumor is misleading. "It's not accurate. Our season is still developing and nothing is confirmed," goes the party line. Showrunner Lions Gate isn't weighing in on the issue.

I'm guessing that there's something to the Reporter scoop. Notice how carefully Netflix's spokesperson worded its rebuttal. This is less than a flat-out denial and just barely more than nothing at all.

Chances are that Prepon wants to cash in on the acclaim from her first season at Orange, and who can blame her? A role like this could be the perfect springboard from mostly TV show work into leading-lady roles on the silver screen.

That said, the framework around Orange Is the New Black is complex enough, interesting enough, and flexible enough to allow for some turnover. One core character already left the prison only to come back a few episodes later. And if HBO hit Game of Thrones taught us anything, it is that drama series only get more interesting when none of your favorite characters are guaranteed to survive the next episode.

So Prepon may or may not be around for the entire second season, but Netflix and Lions Gate will find ways to roll with the punches. I still see Orange in the running for Emmys in 2014 and beyond.

The payoff in Netflix subscribers comes from building a complete portfolio covering several niches in high-quality content. Orange will do its part for lovers of prison drama, three-dimensional female characters, and unpredictable plot twists.

In fact, letting Laura Prepon walk away might be the tastiest twist of the second season. We shall see in 2014.

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The article Is Netflix's Latest Hit Show Doomed If This Star Actress Walks Away? originally appeared on Fool.com.

Fool contributor Anders Bylund owns shares of Netflix, but he holds no other position in any company mentioned. Check out Anders' bio and holdings or follow him on Twitter and Google+.  The Motley Fool recommends and owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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3 Entertainment Stocks Profiting From a Frightening Box-Office Trend

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Moviegoers still enjoy a good scare. Last month's The Conjuring beat out not only Turbo but also comic-book adaptations Red 2 and R.I.P.D. with a $41.9 million opening, the second-highest debut ever for a supernatural horror film, Box Office Mojo reports.

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The Conjuring is the latest paranormal thriller to win over audiences. Source: Warner Bros.


The film has since earned $167 million worldwide on a mere $20 million production budget, a huge win for Time Warner's Warner Bros. Studios. I'd call it an outlier if paranormal thrillers weren't filling the coffers of several mid-tier entertainment stocks.

In January, Universal's Mama grossed $146.2 million worldwide over an 11-week run in theaters. Last summer's The Possession earned $85.4 million on a $14 million budget. Two months later, Sinister grossed $77.7 million after costing just $3 million to produce.

What big-budget superhero flicks have become to big-name studios such as Walt Disney, small-budget horror flicks have become for Hollywood's second tier.

3 entertainment stocks with scary potential
In a way, it's always been like this. Horror flicks entertain at the basest level by scaring the bejeezus out of us without putting us in any physical danger. From Alfred Hitchcock to George Romero to Roger Corman to Guillermo Del Toro, the genre has produced more than its share of legends while supplying studios with a steady stream of profits.

Lately, our culture's appetite for apocalyptic fare has grown nearly insatiable. Shares of AMC Networks trade near a 52-week high in part because of the success of zombie thriller The Walking Dead. At theaters, a number of high-potential supernatural flicks are in the works. Here's a closer look at the entertainment stocks poised to profit.

1. Viacom Home to Paramount Studios and one of the top supernatural franchise of all time: Paranormal Activity. On a worldwide basis, the series' four films have grossed $718.7 million -- or $179.7 million each, Box Office Mojo reports. The 2009 original's "found footage" style, popularized by The Blair Witch Project a decade earlier, cost just $15,000 to make. Paramount spent $5 million on last year's fourth installment. A fifth film is due in October.

2. Sony . Also known as the parent studio for Screen Gems, which brings the horror classic Carrie back to the big screen two weeks before Halloween. The 1976 original, which starred Sissy Spacek in the titular role, earned $33.8 million at the time and $129.5 million when adjusted for inflation, according to Box Office Mojo.

3. Lions Gate . Responsible for both Sinister and The Possession -- as well as the Saw franchise -- the studio screens You're Next on Aug. 23 and then plans to follow November's Ender's Game and The Hunger Games: Catching Fire with the horror flick Jessabelle in January. A long history of cheap-but-frightening successes, and more than a few hit TV productions, has allowed Lions Gate to compete for bigger budget franchises.

Some horror stories end well ...
Among the films coming out soon, I like Carrie's chances to outperform most. But as a studio, I like Lions Gate's diversity of franchises and I've picked the stock to outperform in CAPS as a result. 

Chloe Moretz stars in the remake of Carrie, coming in October. Sources: YouTube, Screen Gems.

As good as the entertainment sector has been to investors lately, the fragile American economy threatens to kill portfolio profits before many of us will get to collect. Warren Buffett put it at its most frightening when named one macro trend "the tapeworm that's eating at American competitiveness." What industry did he mean, and how can you protect yourself? Find out in our special report: "What's Really Eating at America's Competitiveness." Your copy is free -- just click here for immediate access.

The article 3 Entertainment Stocks Profiting From a Frightening Box-Office Trend originally appeared on Fool.com.

Fool contributor Tim Beyers is a member of the  Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Walt Disney and Time Warner at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends AMC Networks and Walt Disney and owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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