Facebook’s IPO is already expected to be the largest in history, and the internet company has just revealed that it is expanding its initial public offering even more. As the most popular online social network, Facebook has upped the stock price range from $28-$35 to $34-$38 per share. The sale may raise as much as…
Category Archives: Company Focus
Company Focus: Inmarsat Plc.
According to Inmarsat Plc., the company’s quarterly core earnings increased as a result of its maritime unit. “Subscriber growth of over 10 percent in the first quarter continues to underpin our expectations for improved results in 2012,” said Rupert Pearce, Chief Executive. This year’s first quarter proved beneficial for the mobile satellite company, with core…
Working for Google: Company Focus
Google Inc. ranks number one on oh-so-many lists, so it’s no surprise that they top the list of Best Companies to Work For in 2012 as well. Founded by Larry Page and Sergey Brin in 1998, Google’s mission is to “organize the world’s information and make it universally accessible and useful.” The company’s primary focus…
Kickstarter Helps Fund Ideas in an Untraditional Way
Eric Migicovsky, an engineer, had a great idea. He wanted to create watches that could show information from an iPhone such as caller ID and text messages. But when he went after backers the traditional way, he came up against a brick wall. Luckily Migicovsky could turn to Kickstarter. This innovative web site gives ordinary…
Focus on Companies: Edward Jones
According to a survey by Fortune Magazine, Edward Jones ranks as the fifth best company to work for. The investment firm has 11,000 offices all over the United States, and an astounding 65% of its employees are women. Another characteristic that sets Edward Jones apart from some of its sister firms in the financial sector…
Business Spotlight: SHIFT Atheltic Performance
SHIFT Athletic Performance is a new business established by Katy Luetke in January. It focuses on professional strength and conditioning, group fitness programs, sports-focused programs, personal training, nutritional coaching and more. In an interview with Redding.com, Luetke spoke about her new business. What prompted you to start your own business? “As a local and former…
Company Focus: iRobot Corporation
One of the fastest growing companies in America now is a high-tech firm called iRobot Corporation. Founded in 1990 by Massachusetts Institute of Technology-educated robotocists, iRobot generated over $465 million in earnings in 2011. Colin Angle is a co-founder, Chairman of the Board and CEO. His vision for the company is to bring practical robots…
Warren Buffett’s Cancer and a Letter to Shareholders
At 82 years old, Warren Buffett is considered one of the most successful investors of all time. The American businessman, investor and philanthropist is the head shareholder, CEO and chairman of Berkshire Hathaway, and has been ranked among the world’s wealthiest people for decades. Often referred to as the “Wizard of Omaha ,” “Oracle of…
Curves Fitness Franchise Big Hit in California
Helen Glutch, owner of one of the branches of the successful women’s fitness chain “Curves” in Citrus Heights, California explained that she is passionate about helping women be the best they can be. "We offer not only strength training and cardio workouts, but a fabulous weight loss program called Curves Complete. It's about losing fat…
Facebook Buys Instagram for $1 Billion
With only a few months to go before Mark Zuckerberg takes Facebook into the world of publicly owned companies, the world’s largest social networking on-line tool has purchased Instagram for $1 billion. Promising that this type of purchase was not going to happen too often, Zuckerberg said that the acquisition of Instagram was “an important…
