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May 2013
Wenn sie nicht zu kaufen sind bis LA und Orange County Barbie Traumhäuser werden sie aus Scheuern der besten amerikanischen Privatschulen ihre Teenager für die Ivy Liga vorzubereiten. Und jetzt sind sie auf der ganzen amerikanischen Hochzeitsplaner. Sagen ich in Mandarin ist nicht das Gleiche, ohne dass es von Buster Pointdexter Hot gefolgt! Heiß! Heiß!
"Die Reichen in China werden heute über den abendkleider aus türkei üblichen Luxus-Reisen suchen und werden nach Erfahrungen gehen", sagt Christine Lu, der Gründer von Affinity China, eine in New York nach LA, um Shanghai Firma, die hilft, bis diese einzigartige Erfahrungen mit chinesischen Reisende auf dem Weg, um den Satz Staaten. "Sie wollen die Dinge, dass der Rest der Reichen sind noch nicht zu tun und sich in Kalifornien geheiratet ist einer von ihnen zu tun", sagte sie Forbes kürzlich in einem Interview.
Hier ist die gute Nachricht für junge amerikanische Hochzeitsplaner auf der Suche nach Abenteuer. Der Markt für chinesische Hochzeiten in den USA ist klein, aber wächst. Der Markt für Chinesen in China auf der Suche nach amerikanischen Hochzeitsplaner boomt.
Heiraten in China ist ein großes Geschäft. Über $ 57000000000 jährlich auf 10 Millionen Hochzeiten pro Jahr aufgewendet. Die Familien verbringen auf dem üblichen: Fotografien, Limousinen, Brautkleider und Flitterwochen - in die USA oder zu Hause. Etwa ein Zehntel der gesamten Kosten traditionell geht zur Hochzeit, nach der China Hochzeit Industry Development Report in China Daily diesem Wochenende beschrieben. Rund 50% der Paare heiraten sind nun auf Hochzeitsplaner zu helfen, organisieren die Show, laut der Webseite von Hochzeiten Schöne Worldwide, eine 45-jährige amerikanische Firma, die, wie ein Planer sein lehrt.
Schöne Hochzeiten China ist ein Joint Venture mit Weddings by Ling Ying - ein junges Unternehmen, das für wohlhabende chinesische Paare, Expats und chinesischen A-Promis bietet. Sie öffneten ihre Türen und bringt American style over-the-top Hochzeiten nach Peking im Jahr 2011. Ein weiteres Büro eröffnet in Shanghai im Jahr 2012 und ein Zweig wurde gerade gestartet letzte Woche in Suzhou, eine kleinere Stadt in der Provinz Jiangsu ein paar Meilen entfernt von Tai-See.
Holen Sie sich Ihren DJ-Equipment und Ihrem Oldtimer Miami Sound Machine CDs und Kopf nach China. Du wirst sicher sein, es zu töten Einführung zu der Hochzeit Conga Linie.
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Nicole Kidman hat die Croisette letzten Saison beleuchtet, die Schauspielerin kam, Paperboy-Film zu verteidigen. In diesem Jahr die australische Schauspielerin wird noch heute, aber es wird eine andere Funktion haben. Nicole Kidman wird die Jury für die 66. Ausgabe des Cannes Filmfestival. Steven Spielberg ist Nanni Moretti um den Vorsitz über das Board in dieser Saison erfolgreich. Und die Geliebte von Zeremonie wird darstellen, für das dritte Jahr in Folge die charmanten Franzosen. Audrey Tautou hielt diese Rolle an die Stelle der Bérénice Bejo (Mélanie Laurent hat im Jahr 2011). Ein Cocktail aus Filmprofis analysiert die viele Filme im Wettbewerb. Cannes ist aber auch ein zauberhaft Rendezvous. In jeder Saison setzen die Sterne auf ihre 31 die mythischen Märsche Cannes zu erklimmen. Nicole Kidman, ist Mitglied der Jury für die 66. Ausgabe sie mehrmals montiert. Am Vorabend des Starts der Ausgabe 2013 hat Closer.fr die schönsten partykleid von Nicole Kidman für das Cannes Filmfestival decodiert.
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A feast for all denim fans
"Along with Coca-Cola, the blue jeans, the only radiant victory is America after the Second World War," was in February 1978 in the magazine "Der Spiegel" to read - a quote from writer Horst Krüger. He had recognized the potential that lies in the garment early. In the words of the writer then put the "mirror" one better and called the blue skinny jeans as "the greatest success of the garment industry." bertinni shoes wholesale
105 years previously had Levi Strauss and Jacob Davis filed the patent for their new trousers, the "Levis". The name "Levi" is still regarded as the epitome of jeans. On Whit Monday, 20 May, therefore, a large round birthday is announced for the jeans: Because the patenting of "Levi" was 140 years ago, on 20 Mai, 1873.
"Along with Coca-Cola, the blue jeans, the only radiant victory is America after the Second World War," was in February 1978 in the magazine "Der Spiegel" to read - a quote from writer Horst Krüger. He had recognized the potential that lies in the garment early. In the words of the writer then put the "mirror" one better and called the blue skinny jeans as "the greatest success of the garment industry." bertinni shoes wholesale
105 years previously had Levi Strauss and Jacob Davis filed the patent for their new trousers, the "Levis". The name "Levi" is still regarded as the epitome of jeans. On Whit Monday, 20 May, therefore, a large round birthday is announced for the jeans: Because the patenting of "Levi" was 140 years ago, on 20 Mai, 1873.
Of Levi and Davis "Levis" from Genoa "Genes" is "Jeans"
Levi Strauss came originally from near Bamberg. The skilled journeyman tailor in 1848 emigrated with his family to America and opened in 1853 in San Francisco for a wholesale fabrics. He found that the gold rush in America really need heavy-duty pants and he had it made such garments made of brown hemp fabric.
Meanwhile, also invented the tailor Jacob Davis emigrated from Latvia, a method to make the gold miners pants durable: it reinforced the seams with rivets. As Davis himself did not have enough money for it to register a patent, Levi Strauss support him there. Their common product they called "Levi" - in allusion to their name. That was on 20 Mai, 1873.
50 to 60 years later, the two men replaced the brown hemp fabric with blue denim fabric and the suspenders to the gold rush clothing by Belt: The "blue jeans" were born. And even to this naming process, there is a story: denim was manufactured in 1600 around the first time in the southern French city of Nimes, at the time of Strauss and Davis but he came from Genoa. In allusion to the Italian pronunciation "Genes" they gave the name of the blue pants "jeans".
Jacob Davis worked until his death in 1908 for the Strauss Company further. His grandson later founded the workwear Company "Ben F. Davis," whose clothes are known worldwide especially in hip-hop and skater circles today.
After the Second World War reached the jeans and Europe because American soldiers carried the so-called studs or even Texas trousers. Soon the jeans were a symbol of protest against authority and tradition in the GDR at times even banned.
Turnaround efforts continue for the electronics retail
giant, Best Buy. CEO Hubert Joly’s attempts to stop the company’s slow decline
have yielded some results but the questionable future remains. With newly
implemented policy changes, market cuts and strategic partnerships, Best Buy won’t
be going down without a fight.
Attempts to Hold On:
Best Buy recently changed their return policy, cutting the allotted time to return an item from 30 days to 15 days. Michael McCarthy, the managing director of QualityStocks, found this out by surprise when he tried to return a faulty cable modem 17 days after the purchase date. The customer service representative allowed an exception, but this was clearly a red flag; especially considering that employees aren’t informing customers of the new policy during the checkout process.
The return policy change has caused uproar among consumers and certainly seems to be a step backwards at a time when the retailer is struggling. Knowing there must be something going on internally as none of the other retailers have made dramatic adjustments to their return policies, we did some digging through SEC filings and found that the company’s cash position is down significantly. In just eight months, the company’s cash and cash equivalents dropped from $1.2 billion to $309 million. It’s clear to us that the return policy was changed to help conserve cash.
In another company-wide change, Best Buy recently turned its Price Matching Guarantee holiday program into a permanent policy in hopes for costumer retention. The positive move is an attempt to address the problem of showrooming, the practice of using storefronts to browse through and test products before going home and purchasing online at a cheaper price. Abram Brown, a Forbes markets reporter, stated that, “the price-match guarantee may have come too late to save the company. But, there also may be signs of hope as sales recently increased for the first time since 2010.”
Partnering with Samsung, Best Buy will also soon set up “Samsung Experience” shops staffed with trained Samsung employees. The Samsung shops will be installed inside around 1,400 Best Buy stores. A number of these convenient in-house stores are currently already in existence.
Helpful Numbers:
Last month Best Buy sold its 50% holding stake in Best Buy Europe, a joint venture with Carphone Warehouse Group (CPW), Europe’s largest independent mobile phone retailer. The deal will mark the end of Best Buy’s presence in Europe. Best Buy Europe in the ongoing fiscal year was expected to be in the range of $5.5 to $5.6 billion. Therefore with a 50% holding stake, the deal will help fund turnaround efforts for the giant, although still at a loss on investment given that Best Buy sold its 50% interest in Carphone Warehouse back to them for about $775 million. The original buy-in almost five years ago was $2.15 billion.
In 2011, Best Buy’s stock lost 40% of its value. Fast-forward to 2013 and Best Buy reported a 0.9% Fourth Quarter Domestic Comparable Store Sales Increase for the 13-week fourth quarter. In its March earnings report Best Buy managed to post sales of $16.71 billion to squeeze a weak gain above the $16.67 posted a year ago.
Ending Thoughts:
Critics claim Best Buy stores are nothing but showrooms for online retailers like Amazon.com. With a need for a strong digital presence, Best Buy is currently planning to invest around $750 million on company improvements, including a digital facelift. Best Buy will also cut more than $400 million in overall costs. There may be life left in this sleepy retail giant but the future looks uncertain. Best Buy may still be generating signs of life, but the e-commerce versus brick-and-mortar battle continues onward.
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investment community with companies that have great potential and a strong
dedication to building shareholder value. We know our reputation is based on
the integrity of our clients and go to great lengths to ensure the companies
represented adhere to sound business practices.
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AdCare, a provider of senior living and healthcare facility
management and owner/manager of long-term care facilities and retirement
communities, is allegedly lined up to receive a tender offer from the Brogdon
Family LLC, who in April said it intends to make an offer to acquire a 55-75
percent stake in AdCare at $8 per share, a more than 86 percent premium to the
average stock price. The Brogdon Family, controlled by Christopher F. Brogdon,
the former chief acquisition officer of AdCare and a current director,
currently owns 12 percent of the company.
Interesting timing, considering AdCare’s stock turned down a rocky road in mid-March when the company delayed its Q4 earnings release, citing errors in 2012 financial statements. Roughly a month later, on April 15, 2013, Adcare CFO Martin D. Brew bowed out, resigning from the company while an audit committee reported finding material weaknesses and further delayed the restatement. A day later, the Brogdon Family issued a press release outlining its intent for a tender offer of the company.
Despite the hurdles, the market cap of AdCare has risen by more than 30 percent in the past month. But what’s more perplexing is the fact that the Brogdon Family has set the offer price at $8 per share, though AdCare stock has never topped $5.78 – ever. Following the mayhem in March, it’s hard to imagine this stock making new all-time highs any time soon.
Let’s take another approach and look at another angle. Compared to its peer group (Ensign Group (ENSG), National Healthcare (NHC), and Skilled Healthcare (SKH), Adcare is trading at 25x EBITDA vs. 8.5x for the group. The $8 per share offer equates to buying AdCare for 29x EBITDA. That’s more than a marginal difference.
Briefly noting the peculiarity that the Brogdon Family announced their “intention” to submit a tender offer vs. making the actual offer, why is the Brogdon Family only interested in a stake of 55 percent – 75 percent of the shares outstanding? The huge premium, again, is a high note compared to AdCare’s peer group and considering the Q4 earnings fiasco – so if it’s such a great investment, why not the whole thing vs. dropping the tender offer to a more seemingly reasonable premium and gobbling up 100 percent for full ownership?
According to SEC documents and a little dirt digging, the Brogdon Family has yet to position its financing for the deal, and it hasn’t appeared to have retained an investment bank to help facilitate the process despite taking publicly announcing its intentions with a press release on www.cnbc.com.
AdCare today issued a press release announcing that it will not meet the extended deadline to file its Q1 report by May 20 and released preliminary data for the quarter, repeating its message that previously issued financial statements for Q1 are not reliable due to the errors in connection with the audit for FY 2012. New CFO Ronald W. Fleming has his hands full.
AdCare said it anticipates Q1 revenues in the range of $56.0 million to $59.0 million – analysts peg revenues for the quarter at $68.5 million. Net income is expected to range from $1.1 million to $2.2 million, excluding costs associated with the restatement process. The company anticipates these costs in the range of $1.2 million to $1.5 million.
Shares are down 5% at $5.50 mid-day Friday following the release … $8, hmm?
About MissionIR
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investment community with companies that have great potential and a strong
dedication to building shareholder value. We know our reputation is based on
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represented adhere to sound business practices.
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FluoroPharma, a developer of imaging drugs that underpin
important diagnostic capabilities of positron emission tomography (PET),
targets a fast-growing market. This market is currently over $7 billion in size
and is expected to top $15 billion in 2015.
One of the elements driving this growth is the increasing demand for personalized medicine, something that requires a clear and accurate view of key biological processes occurring deep within the body. Other market drivers include an aging population and the growing demand for cost-effective imaging technologies in the Asia-Pacific market. Cardiology and neurology remain two of the industry’s strongest growth opportunities. In the case of FluoroPharma, the current focus is on cardiovascular (CV) disease and Alzheimer’s disease, with imaging drug products that allow PET scans to display in exquisite detail processes that can lead to such diseases.
One in three adults have some form of CV disease, and PET molecular imaging offers superior image quality, but there are no widely adopted PET drug agents in cardiology. FluoroPharma has three products directly addressing the CV market:
• BFPET – For measuring cardiovascular blood flow, in combination with stress testing in patients with presumptive chronic cardiovascular disease, BFPET has the potential to become the new “standard” and replace SPECT (Single-Photon Emission Computed Tomography) in institutions with PET capability.
• CardioPET – For detecting regions of fatty acid uptake, CardioPET is for the diagnosis of acute and chronic CAD in patients that cannot undergo stress testing.
• VasoPET – For detecting inflamed plaques, which are plaques most likely to rupture and cause a heart attack or sudden death.
FluoroPharma is also developing AZPET, an amyloid deposit imaging agent for the early detection of Alzheimer’s disease.
For more information, visit www.FluoroPharma.com
About MissionIR
MissionIR is committed to connecting the
investment community with companies that have great potential and a strong
dedication to building shareholder value. We know our reputation is based on
the integrity of our clients and go to great lengths to ensure the companies
represented adhere to sound business practices.
Sign up for “The Mission Report” at
www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
