Colombo DiSalvatore business highlight topic today is on credit crisis. Central banks around the globe pumped billions of dollars into banking systems on Friday in a concerted effort to beat back a widening credit crisis, and they pledged to do more if needed. In all, central banks in Europe, Asia and North America
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Colombo DiSalvatore business highlight topic today is on trapped miners. Rescuers have heard no signs of life from six trapped miners in Utah
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Colombo DiSalvatore business highlight topic today is on Wal-Mart. Forget exchanging letters, phone calls or e-mails. This year, Wal-Mart Stores Inc. wants students heading to college to log on to Facebook to design their dorm room with their roommate. The world's largest retailer on Wednesday is launching the "Roommate Style Match" group on Facebook, a social networking site that has millions of college-age users, in the hopes of grabbing a larger chunk of back-to-school shopping dollars. Facebook users who join the Wal-Mart group will be able to take a quiz to determine their decorating style and get a list of "recommended products" they can buy at Wal-Mart to mesh their style with their roommate's.
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Colombo DiSalvatore business highlight topic today is on Viacom. Viacom Inc on Thursday posted a better-than-expected profit, boosted by DVD sales and the box office hit "Shrek The Third". The film division helped second quarter results with a string of theatrical hits that also included "Blades of Glory" and "Disturbia." The New York-based owner of MTV Networks, Paramount movie studios and Nickelodeon cable channels said its second quarter profit fell less than 1 percent to $434 million down from $437.3 million a year earlier. Earnings per share rose to 63 cents from 61 cents, as a result of a lower share count from a buyback authorization.
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Colombo DiSalvatore business highlight topic today is on Kodak. Photography company Eastman Kodak Co. on Thursday said posted a net profit versus a year-ago loss, boosted by a gain from the sale of its health imaging unit. Kodak said its net profit was $592 million, or $2.06 cents a share, compared with a year-earlier loss of $282 million, or 98 cents a share. Revenue fell to $2.51 billion from $2.69 billion. Since late 2003, Kodak has focused on digital devices, hoping to outpace the drop in demand for film, historically its main revenue source. At the same time, it is reducing costs by cutting some 30,000 jobs and trimming manufacturing.
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Colombo DiSalvatore business highlight topic today is on CVS. Purchasing Caremark was a good thing for CVS. CVS Caremark Corp said on Thursday quarterly profit more than doubled, aided by the addition of Caremark's pharmacy benefits business and new stores. CVS, one of the largest U.S. Drugstore chains, bought Caremark, a pharmacy benefits manager, in March. Second-quarter profit rose to $723.6 million, or 47 cents per share, from $337.9 million, or 40 cents per share, a year earlier. CVS had forecast earnings of 44 cents to 47 cents per share, while analysts on average had expected 46 cents, according to Reuters Estimates.
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Colombo DiSalvatore business highlight topic today is on Mattel recall. Recently China has a black cloud hanging over due to questions about their exports. Here’s another one…A major US toy maker is recalling 1.5 million Chinese-made toys because of high levels of lead in the paint. The recalled toys made for Mattel's Fisher-Price range include popular pre-school characters like Elmo and Big Bird along with dozens of other items. The recall comes amid heightened concern worldwide about the safety of China 's exports. Mattel said it had isolated two-thirds of the affected toys before they reached the shelves. In the United States, the Fisher-Price toys were sold nationwide between May and August.
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A special article by Columbo DiSalviatore...
COLOMBO & KAREN DISALVATORE, “Ronald Reagan walked his talk. When he was an actor, few encouraged him to see himself as governor and certainly not president. But Ronald Reagan had made up his mind regarding the direction for his life, and step-by-step moved in that direction. With the wisdom hindsight, we can appreciate the insight. Ronald Reagan was the 40th US
Colombo
“My philosophy of life is that if we make up our mind what we are going to make of our lives, then work hard toward that goal, we never lose - somehow we win out.”
“No arsenal…is so formidable as the will and courage of free man and women…”
- Ronald Reagan
Colombo DiSalvatore and Karen DiSalvatore are members of independent business owner (Quixtar IBO) trade association, IBOAI.
IBOAI, the official trade association, leadership team including Billy Florence, Jody Victor, Randy Haugen, Joe Markiewicz, Colombo DiSalvatore, Don Wilson and Jim Janz serves and protects the business interests of independent business owners, (Quixtar IBO’s ) throughout North America.
Special Column by Columbo DiSalvitore
Looking for a healthier lifestyle? Read what Columbo DiSalvatore has to say about eating right.
Colombo DiSalvatore of IBO Trade Association (IBOAI) – An estimated one-third of Americans are starting new “diets” in 2007 and millions more are pledging to eat right, living a better lifestyle tops the “must do” list of many. “Our trade association members, (Quixtar IBOs) have what many need to achieve their healthy resolutions,” says Colombo DiSalvatore.
We all know that eating right and exercising are keys to achieving a healthier lifestyle,” says Karen DiSalvatore. “While our intentions are good, sometimes it’s hard to get the vitamins, fiber and nutrients we need on a daily basis.” Nutrilite Invisifiber allows consumers to quickly and conveniently add fiber to their diets. An important part of a healthy diet, fiber has many health benefits, including cardiovascular and digestive health.
“Nutrilite Invisifiber is taste-free and not gritty,” says Colombo DiSalvatore. “It can be sprinkled onto foods or mixed into liquids without changing the taste or texture.” Each stick pack contains four full grams of soluble fibers and only 15 calories, and it is available exclusively through our IBOAI members, Quixtar IBO business owners in North America
About Colombo DiSalvatore Karen DiSalvatore and IBOAI
“The official IBO Trade Association, IBOAI is dedicated to serving and protecting the interests of Quixtar powered Independent Business Owners (IBOs) throughout North America 2007 IBO Board of Directors Executive Committee Team includes Jim Janz, Chairman, Don Wilson, Vice Chairman, Bob Andrews, Brad Duncan, Kanti Gala, Randy Haugen, Bill Hawkins, and Kathy Victor. Governance and Oversight Committee includes Jody Victor and Billy Florence. New members include: Orrin Woodward, Joe Markiewicz, Chris Brady, and John Merris.
Colombo DiSalvatore business highlight topic today is on Caterpillar. Caterpillar Inc), the world's top maker of earthmoving equipment, diesel engines and gas turbines, said on Friday quarterly earnings fell more than expected due to lower truck engine sales, weakness in North American construction markets and higher production costs. The results, which the company called disappointing, sent Caterpillar shares down more than 8 percent in morning trading and weighed on the whole market amid worry the profit miss might be the first in a series from the heavy equipment industry. But the consensus was that the issues holding back Caterpillar were largely internal.
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