Thursday, February 23, 2012

OB10 Selected by AlwaysOn as an OnDemand Top 100 Winner.

Atlanta, GA (PRWEB) March 31, 2011

OB10 (http://www.ob10.com), the global e-Invoicing network, today announced that it has been chosen by AlwaysOn as one of the OnDemand Top 100 winners. Inclusion in the OnDemand 100 signifies leadership among peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. OB10 was specifically selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

OB10 and the OnDemand Top 100 companies were honored at AlwaysOn's OnDemand event on March 28th, 2011, at Hewlett-Packard's Worldwide Headquarters in Palo Alto, CA.

This two-and-a-half-day executive event featured CEO presentations and high-level debates on how the Internet is disrupting how companies - from small businesses to large enterprises -- create, store, distribute, analyze, and take advantage of their mission-critical data.

"As the digital information created by businesses continues to explode at astronomical rates, the need to store, manage, socialise, and share this information is becoming extremely challenging," says Tony Perkins, founder and editor of AlwaysOn. "By providing innovative technologies that help enterprises better compete in this new era of information complexity and move their data out into the cloud, the OnDemand 100 represents some of the highest-growth opportunities in the private company marketplace."

The OnDemand 100 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2011 list.

"We are pleased to have been selected as an OnDemand Top 100 winner," said Peter Watson, Senior Vice President, OB10. "As the leading global e-Invoicing network, we are very proud to be recognized for our innovation and the value we create for our customers. More companies are realizing the financial and environmental benefits of switching from paper to electronic invoicing. We pride ourselves on delivering results to our customers and will continue to play a leadership role in the continued growth of our industry."

A full list of all the OnDemand Top 100 winners can be found on the AlwaysOn website at: http://www.aonetwork.com/AOStory/Annoucing-2011-OnDemand-100-Top-Private-Companies.

LinkedIn: http://www.linkedin.com/company/22101

Twitter: http://twitter.com/#!/OB10eInvoicing

Facebook: http://on.fb.me/i6JoZr

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Read the full story at http://www.prweb.com/releases/2011/03/prweb5213264.htm

Wednesday, February 22, 2012

DNB, EMR, FRX, BSX, CMC, DE Expected to Trade Up Short Term.

M2 PRESSWIRE-February 28, 2011-BUYINS.NET: DNB, EMR, FRX, BSX, CMC, DE Expected to Trade Up Short Term(C)1994-2011 M2 COMMUNICATIONS

RDATE:28022011

BUYINS.NET / http://www.squeezetrigger.com is monitoring top equities trading strategies and these stocks are the most likely to trade Up in the coming weeks. DUN & BRADSTREET CORP (NYSE:DNB), EMERSON ELECTRIC CO (NYSE:EMR), FOREST LABORATORIES INC (NYSE:FRX), BOSTON SCIENTIFIC CORP (NYSE:BSX), COMMERCIAL METALS CO (NYSE:CMC), DEERE & CO (NYSE:DE) are all expected to go Up as [prediction_disposition_txt] signals have been generated by top equity trading strategies. This trading system is designed to identify high probability reversion to mean trading candidates. It looks to go long immediately following strong sell-offs, and goes short after sharp run ups. Its trades are short term and hone in on the irrational decisions of emotional traders around these extreme moves. The specific technology used to make these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/sw/ot.php

The chart below displays the stocks expected to go Up and a suggested stop level to limit any potential trading losses.

Symbol Company Price Price Stop Level

DNB DUN & BRADSTREET CORP 80.800 $77.35

EMR EMERSON ELECTRIC CO 59.970 $56.52

FRX FOREST LABORATORIES INC 31.880 $30.13

BSX BOSTON SCIENTIFIC CORP 7.180 $6.42

CMC COMMERCIAL METALS CO 16.580 $14.73

DE DEERE & CO 90.600 $81.91

DUN & BRADSTREET CORP (NYSE:DNB) - The Dun & Bradstreet Corporation provides commercial information and insight on businesses worldwide. The company offers risk management solutions, including DNBi, an interactive online application offering the customers real time access to global business information, and monitoring and portfolio analysis; Business Information Report, Comprehensive Report, and International Report, which provide profiles of a company; Self Awareness Solutions that allow small business customers to establish, improve, and protect their own credit; decisioning scores, which help in assessing the credit risk of a business by assigning a rating or score; and Supply Lifecycle Risk Management, an online solution that allows customers to standardize their supplier registration and evaluation process by creating a single point of entry with consistent procedures. It also provides sales and marketing solutions comprising solutions for customer data integration, which are a suite of solutions that cleanse, identify, link, and enrich customer information; D&B Optimizer solution that transforms customer prospects and files into commercial insight, enabling a single customer view across multiple systems and touchpoints, such as marketing and billing databases; and Direct Marketing Lists, which enable the customers to create a marketing campaign. In addition, the company provides products that address the online business intelligence needs of professionals and small businesses, including information on companies, industries, and executives, as well as research and advice regarding starting up and managing a business. It delivers subscription solutions online through its Hoovers Online and electronic data feeds; and advertising and e-marketing solutions through www.hoovers.com, www.AllBusiness.com, www.firstresearch.com, and related Internet sites, as well as licenses proprietary content to third-party content providers. The company was founded in 2000 and is based in Short Hills, New Jersey.

EMERSON ELECTRIC CO (NYSE:EMR) - Emerson Electric Co., a diversified global technology company, engages in designing and supplying product technology, as well as delivering engineering services and solutions to various industrial, commercial, and consumer markets worldwide. Its Process Management segment offers customers product technology, as well as engineering and project management services for precision control, monitoring, and asset optimization of oil and gas reservoirs, and plants that produce power, or that process or treat items, such as oil, natural gas, and petrochemicals; food and beverages; pulp and paper; pharmaceuticals; and municipal water supplies. The companys Industrial Automation segment provides integrated manufacturing solutions to the manufacturers of products, including motors, power transmissions, alternators, fluid controls, and materials joining equipment. Emerson Electrics Network Power segment designs, manufactures, installs, and maintains products providing grid to chip electric power conditioning, power reliability, and environmental control for telecommunication networks, data centers, and other critical applications. This segment offers power systems, embedded power supplies, precision cooling products, inbound power systems, and connectivity products. The companys Climate Technologies segment provides products and services for areas of the climate control industries, including residential, commercial, and industrial heating and air-conditioning, as well as commercial and industrial refrigeration. Its technology enables homeowners and businesses to manage their heating, air-conditioning, and refrigeration systems. In addition, this segment digitally controls and remotely monitors refrigeration units in grocery stores and other food distribution outlets. Emerson Electrics Appliance and Tools segment offers products and solutions in motors, appliances and components, tools and storage areas. The company was founded in 1890 and is based in St. Louis, Missouri.

FOREST LABORATORIES INC (NYSE:FRX) - Forest Laboratories, Inc. develops, manufactures, and sells branded and generic forms of ethical drug products. Its principal products include Lexapro to treat depression; Namenda to treat Alzheimer's disease; Bystolic, beta-blocker to treat hypertension; and Savella for the treatment of fibromyalgia. The company also provides Sudocrem, a topical preparation to treat diaper rash; Colomycin, an antibiotic to treat cystic fibrosis; Infacol, which is used to treat infant colic; and Exorex, which is to treat eczema and psoriasis. In addition, its products include Dutogliptin, a small molecule dipeptidyl-peptidase-4 inhibitor, which is in Phase III studies to treat Type II diabetes mellitus; F2695 that completed Phase II study and is a selective norepinephrine and serotonin reuptake inhibitor for the treatment of depression and other central nervous system disorders; and ceftaroline acetate, a injectable cephalosporin antibiotic that exhibits bactericidal activity against the strains of gram-positive bacteria. Further, the companys products comprise NXL104, an intravenous beta-lactamase inhibitor; Linaclotide for the treatment of constipation-predominant irritable bowel syndrome and chronic constipation; Aclidinium, an inhaling therapy, which is in Phase III studies for chronic obstructive pulmonary disease; and Cariprazine, an atypical antipsychotic in Phase II(b) studies for the treatment of schizophrenia, bipolar mania, and other psychiatric conditions. Additionally, its products include Oglemilast, a phosphodiesterase-IV inhibitor in Phase II study to treat COPD and asthma; and Benicar, an angiotensin receptor blocker to treat hypertension. The company has collaboration and license agreements Phenomix Corporation, Pierre Fabre Medicament, Novexel, S.A., Laboratorios Almirall, S.A., Gedeon Richter Ltd., Glenmark Pharmaceuticals Ltd., and AstraZeneca plc. Forest Laboratories, Inc. was founded in 1956 and is based in New York, New York.

BOSTON SCIENTIFIC CORP (NYSE:BSX) - Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. It offers cardiac rhythm management products, which monitor the heart and deliver electricity to treat cardiac abnormalities; and RF generators, intracardiac ultrasound and steerable ablation catheters, and diagnostic catheters for the diagnosis and treatment of cardiac arrhythmias. The company also provides interventional cardiology products, such as coronary stent systems, coronary revascularization products to treat patients with atherosclerosis and intraluminal catheter-directed ultrasound imaging catheters and systems; vascular access products, balloon catheters, stents and peripheral vascular catheters, wires, and accessories, as well as products for peripheral embolization procedures; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease various forms of benign and malignant tumors. In addition, it offers coated and uncoated detachable coils, micro-delivery stents, micro-guidewires, micro-catheters, guiding catheters, and embolics to neuro-interventional radiologists and neurosurgeons to treat diseases of the neurovascular system; and endoscopy and interventional bronchoscopy products to diagnose and treat various digestive diseases, as well as pulmonary disease systems within the airway and lungs. Further, the company provides urology/womens health products to treat patients with urinary stone disease, benign prostatic hyperplasia, stress urinary incontinence, pelvic organ prolapse, and excessive uterine bleeding; and spinal cord stimulation system for the management of chronic intractable pain of the trunk and/or limbs. Boston Scientific Corporation markets its products through direct sales force, and a network of distributors and dealers. The company was founded in 1979 and is headquartered in Natick, Massachusetts with additional offices in Tokyo, Japan and Paris, France.

COMMERCIAL METALS CO (NYSE:CMC) - Commercial Metals Company engages in recycling, manufacturing, fabricating, and distributing steel and metal products, as well as providing related materials and services in the United States and internationally. It involves in recycling operations through metal processing plants located in Alabama, Arkansas, Florida, Georgia, Kansas, Louisiana, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The company also operates five steel minimills in Texas, Alabama, South Carolina, Arkansas, and Arizona that produce reinforcing bars, angles, flats, rounds, small beams, fence-post sections, and other shapes; a copper tube minimill; and a scrap metal shredder processing facility, as well as purchases and removes rail and other materials from abandoned railroads. In addition, Commercial Metals Company engages in fabrication operations through steel fabrication and processing plants that bend, weld, cut, fabricate, distribute, and place steel; warehouses that sell or rent products for the installation of concrete; plants that produce special sections for floors and support for ceilings and floors; plants, which produce steel fence posts; and plants that treat steel with heat. Additionally, the company purchases semi-finished long and flat steel products from international and domestic sources, and markets and distributes these products in the Americas. Further, it operates rolling mills that produce reinforcing bars, merchant products, and wire rods; and scrap processing facilities that directly support its minimill in Poland and Croatia, as well as manufactures electric arc furnace based steel pipes. The company also markets and distributes steel, copper, and aluminum coils; sheet and tubing; ores; metal concentrates; industrial minerals; ferroalloys; and chemicals. Its customers include steel, nonferrous metals, metal fabrication, chemical, refractory, and transportation businesses. The company was founded in 1915 and is based in Irving, Texas.

DEERE & CO (NYSE:DE) - Deere & Company provides products and services primarily for agriculture and forestry worldwide. The company operates in three segments: Agriculture and Turf, Construction and Forestry, and Credit. The Agriculture and Turf segment manufactures and distributes a line of farm and turf equipment, and related service parts, which include large, medium, and utility tractors; loaders; combines, cotton, and sugarcane harvesters and related front-end equipment; sugarcane loaders; and tillage, seeding, and application equipment. This segment also offers hay and forage equipment comprising self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, such as riding lawn equipment, walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment; integrated agricultural management systems technology; precision agricultural irrigation equipment and supplies; landscape and nursery products; and outdoor power products. The Construction and Forestry segment offers a range of machines and service parts used in construction, earthmoving, material handling, and timber harvesting, including backhoe loaders; crawler dozers and loaders; four-wheel-drive loaders; excavators; motor graders; articulated dump trucks; landscape loaders; skid-steer loaders; and log skidders, feller bunchers, log loaders, log forwarders, log harvesters, and related attachments. This segment markets its products and services primarily through independent retail dealer networks and retail outlets. The Credit segment primarily finances sales and leases of new and used agriculture and turf equipment, as well as construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment, provides operating loans, finances retail revolving charge accounts, offers certain crop risk mitigation products, and invests in wind energy generation. The company was founded in 1837 and is based in Moline, Illinois.

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Tuesday, February 21, 2012

TRAGIC NATASHA TAUNTED BY BULLIES EVEN IN DEATH; Sick jibes posted on Facebook.(News)

Byline: RICHARD SMITH

SICK internet ghouls have posted disgusting messages about a teenager who died under a train.

Tormentors made the jibes on a Facebook page dedicated to Natasha MacBryde, 15, who friends say leapt to her death after being targeted by bullies. One poster said: "Natasha wasn't bullied, she was just a whore." Another said: "I caught the train to heaven. LOL."

A macabre video spoof - called Tasha the Tank Engine - was also featured on the YouTube website but has been removed after her family complained. The teenager's dad, Andrew, 47, yesterday called for Facebook to launch an "immediate crackdown" on messages placed on tribute pages.

He said: "I am disgusted at these comments made by some seriously sick individuals.

"I cannot understand how or why these people get any enjoyment or satisfaction from making such disgraceful comments."

Natasha was killed instantly on Valentine's Day when she was hit by a passenger train at Bromsgrove railway station near her home in Upton Warren, Worcs.

Friends say bullies picked on the pupil at the pounds 10,000-a-year Royal Grammar School in Worcester after her parents split up.

British Transport Police, who are not treating her death as suspicious, are hunting the Facebook sickos and a source said the "postings will be traceable".

Facebook said it was saddened by the abuse on Natasha's tribute page.

A spokesman added: "Posts can be removed and, if necessary, individuals can be blocked from posting on a fan page wall."

CAPTION(S):

TORMENTED Natasha was targeted by bullies

Labels that exploit grandpa's traditions.(Old World wine)(Viewpoint essay)

Osgood is my alter ego. He comes with me wherever I go just in case one of us has a bright idea that needs debating. Recently, while Osgood and I were shopping for a couple of mixed cases of wine for the house, one of us, I can't remember which, became interested in the many wines, stacked high, that sold for less than $15, especially the wines with truly venerable California names.

As I picked up each wine (Osgood has no hands) to read the back label, I felt my heartstrings being tugged. From one back label to the next, someone's grandfather called to me--you know, the very old, long gone man who developed calluses from planting those ancient vines and scrubbing those redwood tanks to build that venerable brand name. It seems that each of these granddads had the same commitment to bring Old World wine culture to our uncultured New World (although the back label only implies the part about lacking culture, or maybe Osgood inferred it).

I felt Osgood stirring and then he asked, "Do you think these back labels are good marketing?"

Since I am the only one who can hear my alter ego, it was incumbent on me to answer him.

"Well, Osgood," I said in a hushed whisper, "I don't know."

Osgood is opinionated, so I also figured I might as well ask, "What do you think?"

"It's clear that these back labels are meant to impart a feeling of tradition and a connection to our European roots," he said. "So, for under $15 we are expected to believe that domestic wines are as European as the under-$15 wines on the market that actually are from Europe. But there's something wrong with the message."

"What do you mean, Osgood?"

"First, it's a staid, tired message for today's consumer; does anyone know where the 'little ole winemaker' from Italian Swiss Colony now resides? Does anyone care?

"Second, besides being outdated, the message carries the extra burden of not being exactly forthright. Read the labels again."

I went back to the labels to find that, almost without exception, the wines under $15 were not "Produced and Bottled By" the venerable wineries; they were either "Vinted and Bottled By" or "Cellared and Bottled By" them.

"You see what I mean?" chided Osgood. "We don't know who made the wines."

Osgood began to shout inside my head. "Get real. Would grandfather have sent his precious grapes that he worked so hard to nurture to a large volume plant to 'process' them for him?"

An Osgood tirade is difficult to stop. If he had physical features, I am sure that my alter ego's veins would have been near to bursting. To indicate that the conversation was over, however, I quickly dumped bottles into my cart and proceeded to the checkout counter. But Osgood screamed in my head all the way to the cash register.

"You see what I mean? Some of these wineries aren't even in the family anymore. Oh yes, I know there's a lot of wine to move out of inventory, but what about credibility? How can you capture today's youthful, Internet-savvy market with references to something that is no more? I know that it's an attempt to compete with lower priced European imports, but people buy the European wines for their price not for their faux history."

"Osgood! Puh-leeze beee quiet."

"I'll shut up, but only if you promise to do something for me.

"Sure," I proceeded intrepidly. "What is it that you want me to do?"

"You are in the wine business. You write in trade magazines. You have access to wine producers. Do me a big favor: Ask them if they really believe that tying their grandfathers' tradition to wines that they don't even ferment themselves is good marketing."

"Osgood," I pleaded, "don't make me do that. Wine producers will skewer me for bringing it up."

"You promised," Osgood shot back. "Ask that nice editor Jim Gordon to let you pose a question in the magazine.

Well, I asked. And Jim said yes.

From wineries that continue to invoke traditional methods when the wines are no longer produced that way, and even after maybe Brown Forman, Gallo or Constellation has taken over the venerable family brand, Osgood wants to know: If you haven't anything to say on the label that is relevant to today's market, then maybe you should do what his grandfather might have advised: Why not let the wine speak for itself?

Thomas Pellechia is a 26-year wine industry veteran who produced wine in the Finger Lakes (1985-93) and owned a wine retail shop in Manhattan. He has written about wine and food for 20 years and is the author of three books. Contact him via edit@winesandvines.com.

We welcome commentaries from readers on issues of current interest in the wine industry. Send your topic idea to edit@winesandvines.com, and we'll contact you.

NYU GEORGE H. HEYMAN, JR. CENTER FOR PHILANTHROPY AND FUNDRAISING TO HOLD LEADERSHIP SUMMIT ON GLOBAL PHILANTHROPY.

NEW YORK -- The following information was released by New York University:

Think Tank" Summit Will Highlight Changes in Fundraising and Philanthropy in the United States and Abroad As A Result of Globalization and the Advent of Technology

Representatives from 40 institutions from throughout the world are coming together to attend a frank exchange of ideas in a "think tank" summit meeting on global philanthropy called by the Heyman Center for Philanthropy and Fundraising (scps.nyu.edu/philanthropy) within the New York University School of Continuing and Professional Studies (NYU-SCPS). Taking place at the NYU Kimmel Center from Thursday, February 17 through Saturday, February 19, 2011, The Leadership Summit on Global Philanthropy will highlight the changes in fundraising and philanthropy in the United States and abroad as a result of globalization and the advent of technology.

"Philanthropy today, like every other aspect of life, has gone 'global,'" said Naomi Levine, executive director of the Heyman Center. "New trends driven by the advent of technology have clearly played a major role in this globalization."

Levine continued, "Many institutions abroad have learned from the Internet that 1.4 million nonprofits in the US raised $306 billion dollars last year. How can the institutions abroad apply this 'American model of fundraising' to supplement the reduced financial aid many of them now receive from their governments? American organizations, on the other hand, are interested in exploring the approach that many institutions in other parts of the world are now using to learn whether they can improve the American model. The walls are clearly down and the institutions, as diverse as their geography, are learning from one another."

It is in this spirit of exchanging ideas and learning from one another that this Summit is being called. Representatives from many important nonprofit organizations from throughout the world, such as universities, museums, libraries, and social service agencies are attending.

Keynote speakers include:

Dame Stephanie Shirley, Ambassador for Philanthropy of the United Kingdom, will launch the three-day conference with a keynote address on the evening of Thursday, February 17, 2011;

Dr. John Sexton, President of New York University;

Sir C. Duncan Rice, former Principal of the University of Aberdeen;

Stacy Palmer, Editor, Chronicle of Philanthropy;

Dr. Robert Lapiner, Dean, NYU School of Continuing and Professional Studies;

Dr. L. Jay Oliva, President Emeritus, New York University;

Mr. Jean-Paul Warmoes, Executive Secretary, King Baudouin Foundation United States and Director, International Relations, King Baudouin Foundation.

Other major speakers are scheduled to address the Conference, including experts in the fields of major gifts, technology and social media in fundraising, foundation and corporate philanthropy, ethics, annual campaigns, board governance, and other aspects of philanthropy and fundraising.

Registration for the three-day conference is now open online at scps.nyu.edu/heymanconference.

MEDIA ONLY: Reporters wishing to cover the conference, please contact Cheryl Feliciano at cheryl.feliciano@nyu.edu or Kaitlyn Kotlowski at kkotlowski@schwartz.com.

About The George H. Heyman, Jr. Center for Philanthropy and Fundraising at NYU-SCPS

The Heyman Center was established to help fundraisers learn about the complexities in fundraising and philanthropy and help them become sensitive to the many ethical issues that arise in governance and fundraising. Since its inception in 1999, the Heyman Center has now taught more than 3,000 students and provides more than 40 courses in non-credit certificate programs. It offers a two-year Master of Science in Fundraising and Grantmaking Program and three professional certificates (in Fundraising, Global Philanthropy, and Grantmaking and Foundations).

About the NYU School of Continuing and Professional Studies

Established in 1934, NYU-SCPS (scps.nyu.edu) is one of NYU's several degree-granting schools and colleges, each with a unique academic profile. The reputation of NYU-SCPS arises from its place as the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally. This is manifest in the School's diverse graduate, undergraduate, and continuing education programs in fields such as Real Estate and Construction Management; Hospitality, Tourism, and Sports Management; Global Affairs; Philanthropy and Fundraising; Graphic Communications Media, Publishing, and Digital Arts; Human Capital Management, Marketing, and Public Relations; with complementary strengths in the Liberal and Allied Arts, Translation and Interpreting, Management and Information Technology, and Finance and Taxation. More than 100 distinguished full-time faculty members collaborate with an exceptional cadre of practitioner/adjunct faculty and lecturers to create vibrant professional and academic networks that attract some 4,800 degree-seeking students from around the globe. In addition, the School fulfills the recurrent continuing higher education needs of local and professional communities, as evidenced by 54,000 annual enrollments in individual courses, specialized certificate programs, conferences, workshops, seminars, and public events. NYU-SCPS is especially proud of the ever-growing worldwide network of its supportive degree-holding alumni, now 24,000 strong.

HickoryTech to Report Fourth Quarter 2010 Results on Feb. 28.

Company will host webcast on March 1 at 9 a.m. CT

MANKATO, Minn. -- HickoryTech Corporation (Nasdaq: HTCO), a leading communications solution provider, will release its fourth quarter 2010 results on Monday, Feb. 28 after the market closes. The company will discuss its results in a conference call on Tuesday, March 1 at 9 a.m. CT.

Live Conference Call

Date: Tuesday, March 1, 2011

Time: 9 a.m. CT or 10 a.m. ET

Dial-in Number (U.S. and Canada): 877-774-2369

Dial-in Number (International): 706-634-1198

Conference ID: 41593243

Audio webcast and presentation: http://investor.hickorytech.com

Audio Replay

Dates: March 1- March 15, 2011

Dial-in Number (U.S. and Canada): 800-642-1687

Dial-in Number (International): 706-645-9291

Conference ID: 41593243

Presentation: http://investor.hickorytech.com

The conference call webcast will be available on the Investor Relations page of HickoryTech's Web site at www.HickoryTech.com. A webcast replay will be available for 30 days following the event.

About HickoryTech

HickoryTech Corporation (dba HickoryTech and Enventis) is a leading integrated communications provider in the markets it serves. With headquarters in Mankato, Minn., the corporation has approximately 450 employees and a regional fiber network with facilities-based operations in Minnesota and Iowa. Enventis serves businesses of all sizes across a five-state region with IP-based voice, data and network solutions. HickoryTech provides bundled residential and business services including high-speed Internet, Digital TV and voice services in its legacy telecom markets. The Company trades on the Nasdaq Stock Exchange, symbol: HTCO. For more information, visit www.hickorytech.com.

Forward-Looking Statement

The press release may contain forward-looking statements that are not based on historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from future results, events or developments described in the forward-looking statements. Such factors include those risks described in HickoryTech's Form 10-K on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. HickoryTech undertakes no obligation to update any of its forward-looking statements, except as required by federal securities laws.

Monday, February 20, 2012

Tesco and Blackcircles unite to offer online tyres to UK consumers.

Byline: Louise McHenry

Tesco, Britain's most powerful retailer, has formed a joint venture (JV) with UK-based online tyre retailer Blackcircles, to offer tyres to UK customers.

The website at tesco-tyres.com will officially go live in February.

The JV will merge Blackcircles' supply chain and infrastructure with Tesco's marketing strategies and wide customer base.

Mike Welch, Blackcircles' managing director, told ERJ that the move will allow the company to reach more customers, and to continue to support independent businesses in its network of affiliated garages and franchises.

"Blackcircles' network is made up of independent operators in the UK. We will retain the control and management of that network. Blackcircles, and therefore Tesco Tyres, are supporting local businesses and putting business back in to the independent section," he said.

Blackcircles first made an approach to Tesco about six years ago, but the formal process only began three years ago when the retailer undertook an audit on the company. Welch said the time difference had given Blackcircles the opportunity to develop objectives that matched those of Tesco.

Annual sales at the end of 2010 were about u20 million (C23.8 million), which Welch admitted was quite small in terms of the overall market. However, he noted that Blackcircles' infrastructure could cope with five times that, even if his projections for the next year were more modest.

"We have an incredible capacity within our network to cope with a significant rise but I'd be happy if we can grow ourselves by 50 percent as a consequence of the Tesco deal," he said.

Welch noted that the formation of Tesco Tyres would not lower Blackcircles' tyre prices, saying that the company would not use its economy of scale to drive prices down.

"A tyre is probably the most important element of safety, and yet retailers continue to commoditise the product by going toe-to-toe on price across the range. We will retain our low price but we won't actually trade down as we increase our volume," he said.

Customers will however receive incentives as part of Tesco's reward card scheme that offers discounts on food and fuel.

Having been involved in the tyre industry for over 12 years, Welch started off developing his business plans during his lunch breaks when he worked in Tesco as a teenager, stacking shelves. He later founded Blackcircles.com aiming to use the Internet to reach a wide customer base.

As well as the increased sales expected when Tesco Tyres gets fully underway, Welch also predicted that the winter tyre market will take off in 2011.

"There's now a winter tyre market in the UK. We sold out of all our winter tyre product from October to the end of December 2010. There's a new market emerging, and if we have customers with two sets of tyres then the markets going to double u that's certainly the trend we're seeing," he said.

Copyright 2011 Crain Communications Inc. All Rights Reserved.