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The strong bottom-line performance rested on growth and cost control in the wireless services segment. Landlines are dwindling as more people switch entirely to cell phones or voice over Internet protocol (VoIP) services from companies like Vonage (NYSE: VG) or Verizon's own VoIP offering. On the flip side of the coin, Verizon is investing heavily in the future, with an expanded rollout of "fiber to the premises" under the FiOS brand name. The high-speed connection directly to consumers' homes gives the company a triple threat of voice, data, and television services similar to what cable companies like Time Warner Cable (NYSE: TWX) and Comcast (Nasdaq: CMCSA) already offer, but at even higher speeds. Yesterday, Verizon announced FiOS availability in a large part of Pasco County, Fla., including the zip codes to the east, west, and northeast of my house.
Minister's claim of helping Canadian in Mexican jail sparks outrage
Federal minister Helena Guergis is being accused of crass politicking in the case of a Canadian woman imprisoned without trial in Mexico for nearly two years. Supporters of Trenton, Ont., native Brenda Martin were astonished when they learned that Guergis, the secretary of state for foreign affairs and international trade, has claimed she and her government have worked hard behind the scenes to expedite Martin's case and to ensure her legal and human rights have been respected. Incredulity turned to anger when Guergis went further, warning in a letter to the editor published in today's Journal that "those who are playing politics with Ms. Martin's regrettable situation ... are not helping to advance her case or get her home any faster." .
Le Roy: Ghana as good as Cameroon title team
The local media derided Ghana's strikers after a 2-1 win over Guinea and a 1-0 victory over Namibia, and Le Roy has tried protect players such as Asamoah Gyan and Junior Agogo from the spotlight. The 59-year-old Le Roy, who has twice coached Cameroon as well as Senegal and Congo, asked the media to be more tolerant when the team fails to show the requisite flair. "Much as we accept criticism, the media must also accept that they are doing their job and we are doing ours," Le Roy said. .
In ’08 race for White House, it’s still the economy, stupid
Between a sliding stock market, fears of a recession and debate over an economic stimulus package, the economy has been hard to miss in the news lately. Pile that on top of a housing slump, high energy prices and long-standing anxiety over globalization, and suddenly dollars and cents are at the top of voters minds, say polls and campaign-watchers.“It has shifted to become the main issue," says Steven Puro, a political science professor at St. Louis University. “It has an immediate effect on everyone's lives and livelihoods."And voters want to know how those who would run the White House plan to deal with it. In state after state through the early primaries, voters say the economy is their top concern, no longer terrorism, health care and Iraq.Candidates have responded accordingly, addressing worries both broad and, often, local.In Michigan, where auto-industry woes have dragged the whole state into a slump, former Massachusetts Gov.
Ashley Schachner Joins Amplify Sports and Entertainment as Account ...
NEW YORK, Nov. 7 /PRNewswire/ -- Amplify Sports and Entertainment, LLC (www.ampfirm.com), specialists in strategic sponsorship consultation, activation, and measurement analysis, today announced the addition of Ashley Schachner as account director. Schachner brings 10 years of experience developing, selling and executing strategic-based solutions to drive corporate initiatives through high profile sports and A-List Entertainment marketing platforms. "Ashley brings Amplify a wealth of experience including concept development, sponsorship negotiations, program management and promotional marketing for marquee brands in the music and sports industries," says Michael A. Neuman, President of Amplify Sports and Entertainment. "We welcome Ashley to the team and are eager to apply her broad expertise to our clients." Prior to joining Amplify, Schachner served as an Account Manager for IMG Consulting, a premier sports and entertainment agency, where she managed a team responsible for developing Verizon's sponsorship marketing strategy, contract negotiations, exclusive content acquisition, and activation plans.
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And he looks good in black. "Nazi band"? Nuh-uh. Perkovic, 42, did not "sieg heil" nor did he rant against the Serbs, Jews or any other group, according to the many Croatians who were happy to interpret during the show. (Perkovic does not speak English.) Instead, in the community center of the Croatian Church of Sts. Cyril & Methodius in Midtown, he sang a lot of fervently nationalistic, mid-tempo rock songs, most of which sounded like Iron Maiden doing Eastern European folk. And he harped again and again on his favorite themes: love of God, family and Croatia. Especially Croatia, which in his music sounds like a place abused for centuries and still under siege. "To battle, to battle for your people," he sang at one point -- that's a translation, of course -- and the words briefly turned into a chant for the room of 600 fans.
Merck Selects Cognizant as Strategic Partner
A member of the NASDAQ-100 Index and S&P 500 Index, Cognizant is a Forbes Global 2000 company and is ranked among the top information technology companies in BusinessWeek's Info Tech 100, Hot Growth and Top 50 Performers listings. Visit us online at www.cognizant.com. This press release includes statements which may constitute forward- looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in our most recent Form 10-K and other filings with the Securities and Exchange Commission.
EIAA study finds Internet advertising builds FMCG brands
The study conducted in association with the assistance of Yahoo, MSN, Lycos, and AOL combined a total of 200 FMCG online campaigns executed across Europe. The aim of the study was to quantify the average impact that European ad campaigns have on traditional branding metrics, and create benchmarks for categories such as FMCG which has traditionally not embraced the Internet as a key advertising medium. The research methodology follows global industry standards set forth by Dynamic Logic (1999) which surveys consumers in two categories; campaign exposed and non-exposed. In total 160,000 individuals were surveyed across Europe representing the two groups. The full 'funnel' of branding metrics was surveyed; brands awareness, ad recall, message association, brand favourability, and purchase intent.
Macy's to cut 271 jobs in northern unit
In the wake of a disappointing holiday selling season, Macy's Inc. disclosed plans to eliminate 271 jobs at its northern division, discontinue most of its wine business and shutter several food operations.
The job cuts account for about 1.5 percent of Macy's North's total workforce and include store-level and corporate posts in areas such as alterations, food, marketing, visual and finance, the company said.
The layoffs take effect in March and are spread across the division: about 100 in the Chicago metro area, 70 in Detroit and 100 in the Minneapolis region. Of those jobs, about 50 are at the Minneapolis headquarters of Macy's North, formerly Marshall Field's.
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