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Casual Articles - Inside A Company's News Release, Part Two
I was reading an interesting story on President Bush in Yahoo News (because, of course, I so seldom get away from my PC). There was a picture of the president trying to make a hasty retreat from reporters in Beijing, only to discover that the doors had been locked. Apparently, he hadn't decided on an exit strategy beforehand. His predicament reminded me of a problem that entrepreneurs may often encounter. The lack of a feasible exit strategy.Why would you need an exit strategy for a plan, a partnership or your relationship with a vendor? Because the consequences are TOO high for you not to. It doesn't make you a failure and you are not planning t
The average U.S. company loses approximately fifty percent of its customers within five years of its inception. Because of the Internet businesses today have to play by new rules. Customers are more fickle than ever and they have more choices than ever before. This is why building customer loyalty is more important than ever before.Corporations today are downsizing but they aren’t turning things around. Instead, they find themselves launching another round of downsizing a year later. They cut costs, reengineer, restructure, and still keep loosing customers. Why?To answer this question we have to look at a business as a simple equation. A busines
Uranerz Energy (OTC BB: URNZ) issued a few telling news releases, which may explain the direction in which they are heading. On June 5th, the company announced a new Chief Financial Officer. URNZ also announced it had closed a financing, bumping up their cash to just under $12 million. URNZ Chief Executive Glenn Catchpole told us he hoped to launch his first In Situ Recovery operation for about, or less than, $10 million. This is a good sign. But, it was the next day’s news release which confirmed the earlier news and reinforced where the company is going. The company announced the appointment of three independent directors to its Board. All three were appointed to the audit committee. Two are accountants with impressive track reco
The festivities of the holiday season manifest even in the most focused of workplaces. Most workplaces have their own holiday traditions: formal holiday parties, lunchtime cookie swaps, Secret Santa exchanges or all of the above. But for those companies looking for a special way to celebrate the spirit of the season, why not consider adopting a family for the holidays?There are a number of compelling reasons to incorporate the Adopt-a-Family tradition into your workplace's holiday festivities. For one, it's truly a feel-good endeavor. What could be a better way to celebrate the holidays than by assuring that less fortunate children are able to have
Uranerz Energy (OTC BB: URNZ) issued a few telling news releases, which may explain the direction in which they are heading. On June 5th, the company announced a new Chief Financial Officer. URNZ also announced it had closed a financing, bumping up their cash to just under $12 million. URNZ Chief Executive Glenn Catchpole told us he hoped to launch his first In Situ Recovery operation for about, or less than, $10 million. This is a good sign. But, it was the next day’s news release which confirmed the earlier news and reinforced where the company is going. The company announced the appointment of three independent directors to its Board. All three were appointed to the audit committee. Two are accountants with impressive track reco
So you want to buy a small business!The first question I always ask is: Why?There are as many excellent reasons to buy a business as there are excellent reasons not to.Most people desire their own business because they feel that they will have a higher income, create a greater overall net worth, pay less taxes and most of all they want to be their own boss and control their own destiny.Doesn’t everyone?However, nothing in life is ever perfect. Being your own boss has many apparent advantages. It also has many, not so apparent disadvantages.As you are already considering buying a small business it is obvious that
Uranerz Energy (OTC BB: URNZ) issued a few telling news releases, which may explain the direction in which they are heading. On June 5th, the company announced a new Chief Financial Officer. URNZ also announced it had closed a financing, bumping up their cash to just under $12 million. URNZ Chief Executive Glenn Catchpole told us he hoped to launch his first In Situ Recovery operation for about, or less than, $10 million. This is a good sign. But, it was the next day’s news release which confirmed the earlier news and reinforced where the company is going. The company announced the appointment of three independent directors to its Board. All three were appointed to the audit committee. Two are accountants with impressive track reco
There’s nothing like watching an athlete at the top of their game -- the sprinter racing to the finish line, the star center sinking the game winning shot. They make it look absolutely effortless, as if it was the most natural thing in the world for them to perform that well.Appearances can be deceiving. What you don’t see is the long, grueling hours of training and practice star athletes put in behind the scenes: the endless laps around the track with no one watching, the skill drills where that star player practices jump shot after jump shot after jump shot.The same is true for exhibiting. The truly great exhibitors don’t just show up at the s
Are you harboring bitterness or anger towards your current or past employer?Do you find it difficult to be upbeat when interviewing or networking because of past job experiences?Have you spent sleepless nights worrying about how to explain your choppy resume?If you are currently in the job market, you need to dump this baggage fast!Here are 4 key job search facts you need to know:Fact #1: Your past employer is not investing hours in a personal vendetta against you.Fact #2: Employers know that the demise of dot.com companies and the economic downturn of the last 4 years have resulted in ch
What do you do about a company that hasn’t been issuing a flurry of news releases? Take Strathmore Minerals (TSX: STM; Other OTC: STHJF) as an example. There are developments, but the news stream has been fairly quiet. Have they come to a standstill? No, quite the opposite is true.
We did what any investor should always do in the absence of major news. We picked up the phone and called their investor relations department. During a brief chat with Craig Christy, the company’s spokesman, we asked about the company’s cash situation. He responded, “We have about C$0.55/share in cash.” Based on Thursday’s closing price, that comes to more than 30 percent of what the market is valuing STM. That’s UP from
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