| EMBARQ(TM) Homepage, E-mail, Security Upgrades Begin Today
OVERLAND PARK, Kan., April 9 /PRNewswire-FirstCall/ -- EMBARQ today began migrating existing residential EMBARQ(TM) High Speed Internet and EMBARQ(TM) Business-Class DSL customers with EarthLink email accounts to a new, enhanced EMBARQ-branded Internet portal. As part of the transition, embarqmail.com replaces earthlink.net email addresses. (Logo: http://www.newscom.com/cgi-bin/prnh/20060516/EMBARQLOGO ) Benefits of the new MyEMBARQ(TM) portal include an innovative email service with unlimited mailbox storage and award-winning online security tools providing advanced virus and anti-spyware protection. The new myembarq.com and biz.myembarq.com homepages offer instant access to email, search, news, weather, sports, financial information, 20 channels of commercial-free radio and more.
Why Teach Golf to Kids?
I remember the day very clearly. It was Mother's Day 1995. My daughter, Alison, was 25 and attending Harvard Business School. I was at Harvard to attend an executive business program. I suggested celebrating Mothers Day together with a round of golf on a new public course, Shaker Hills Golf Club, which had just opened about 45 minutes west of Boston. The day was glorious: bright sun and a clear, blue sky.
Those four hours over 10 years ago remain one of our most memorable Mother's Days. We still talk about it.
Alison learned how to play golf when she was about seven. She took a few lessons from our club's golf professional, but I didn't push it. The game always took second place to girls' tennis and soccer. But I hoped the game would stick with her over the long run.
Premarket Movers: Daktronics, NetLogic
A slashed forecast from Daktronics Inc. hurt shares of the company, while an improved outlook from NetLogic Microsystems Inc. boosted the stock in premarket trading Monday. Daktronics Inc., which makes scoreboards and large screen video displays, plunged $5.02, or 18 percent, to $22.89 in premarket electronic trading after it cut its fiscal fourth-quarter forecast. The Brookings, S.D.-based company late Thursday slashed its profit and sales outlook to well below analyst estimates, citing lower-than-expected order volume. The company also said its outlook for growth next year remains "generally unchanged." Shares closed at $27.91 Thursday on the Nasdaq Stock Market, the last trading day before the Friday holiday. Shares of biopharmaceutical company CV Therapeutics Inc.
John Sumser presents the interbiznet Bugler
This week, I am taking my youngest daughter, Kate, on a tour of some of the Great California Colleges. We're going to Santa Cruz, San Luis Obispo, Santa Barbara, Marina Del Ray, Claremont and a number of other stops. As you read this, we're facing the ocean in Santa Cruz. Kate has a number of conflicting interests (this tells you more about colleges today than it does about Kate.) She has an amazing gift for language acquisition (loves Spanish and is going to a Japanese immersion program in Tokyo this summer). She wants to be fluent in Spanish, Japanese and Chinese, as a minimum. She also loves the hard sciences and wants a school that will embrace her as a fledgling woman scientist. ( Read More) New from John Sumser: A new presentation hot off the presses from John Sumser, Recruiting Is A Conversation available for download.
Situations: Coles, Qantas, Oxiana
Sydney, Apr 10, 2007 (ACN Newswire) - Coles Group has rejected the Wesfarmers led bid and toldshareholders not sell their shares ahead of completion of the board's ownership review. The plea, made in a statement yesterday, leaves open the possibility of rival bids.In the statement Coles said it had not indicated that the $16.47 cash per share offer contained in the Wesfarmers-led group's indicative proposal, would be one that the Coles Board would be prepared to recommend to its shareholders."Until such time as Coles' ownership review has been completed and the Coles Board has made a recommendation to shareholders, Coles shareholders are advised not to sell, or grant economic or voting interests over, their shares," the company said in a statement.That means the attempts by Wesfarmers and its partners to get an early recommendation from the board for its bid has failed and Coles is courting bids from other possible suitors.The statement came a day after Coles shareholder Hedley Group, pledged to support the $19.7 billion offer by pledging its 1.5 per cent stake in Coles to Wesfarmers taking the Perth-based company's interest to 12.8 per cent.Coles said it was committed to running a "fully competitive process in evaluating ownership alternatives in order to maximise shareholder value for Coles shareholders".Although Wesfarmers had talks with Coles over Easter and is hoping to go through the potential target's books this week, Coles said the consortium has not yet been granted access to any non-public material from the Coles.The Coles Group said that a number of interested parties would likely be granted access to the data room to begin due diligence shortly, possibly today.Coles said that the current interest in voting power in Coles Group securities held by the Wesfarmers-led group was not one that could prevent or deter any alternative ownership proposal for the company.Well-placed leaks Sunday indicated that Hedley had agreed to say 'yes' because of the nature of the offer, if it happens.
What's Ahead This Week
Sydney, Apr 10, 2007 (ACN Newswire) - After all the speculation about interest rates we should have a day or two's relief this week before there's a newoutbreak of commentary with the March Labour Force figures to be released Thursday by the ABS.Later today the National Australia Bank's monthly survey of economic activity (one of the most closely watched of the private surveys) will be released: there should be a little chat but the big noise will come withThursday's figures.And there's housing finance figures for Australia for February out tomorrow that should interest investors and the markets.But the concentration will be on the United States where last Friday's strong job growth data has re-started speculation in the US that the economy isn't slowing, it's motoring along nicely, without the need for a rate cut, which was the orthodoxy a week ago.For investors though the complication is the start to the second quarter earnings deluge: Alcoa is the first major stock this week and it will take about 10 days to build up momentum but the way the numbers pan out will tell us a lot about how the direction and strength of the US markets over the next month.There are expectations that corporate profits are slowing: that an average rise of 3.8 per cent is the best the markets can hope for.AfterAlcoa,industrial and financial bellwether, General Electric,produces its numbers on Thursday.As usual in the US the point to focus on in earnings reports is not only what is being reported, but the forward guidance for the next quarter or the rest of the year.The US Labor Department said Friday that 180,000 jobs were created in March, far more than expected, while job growth figures from January and February were revised upward.
Changing Michigan Business Landscape Spurs Marketing and ...
ANN ARBOR, Mich. & NORTHVILLE, Mich.-(Business Wire)-April 9, 2007 - Eyeing an anticipated surge in the number of small and medium businesses in southeast Michigan, Clarity Quest Marketing and Vision Computer Solutions today announced a business development partnership to better serve companies in Oakland, Wayne, and Washtenaw counties. .
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