Coca Cola
by ABC News
The multi-national soft drink company Coca Cola Amatil
has confirmed it is intending to buy the Cascade brands, raising
concerns about potential job losses in Hobart.
Carlton United Breweries says the acquisition will have no impact on beer and cider production at its South Hobart brewery.
Helen
Gibbons of the union representing Cascade workers, United Voice, has
told ABC Radio's Country Hour program Coca Cola Amatil is buying the
brands only, not the soft drink plant.
"They intend to make these drinks somewhere else we're not as clear about what they're going to do with the cider," she said.
"We
think the cider might continue to be made in Tasmania but my
understanding is that the cordials, or the non-alcoholic drinks are
going to be made elsewhere."
Dick Warner from the Australian Blackcurrant Association says local growers hope they will continue to supply the new owners.
"We
would see only very positive benefits coming for our group for growers
here and those two labels being supported and marketed by Coke," he
said.
Coca Cola Amatil says it intends to continue sourcing produce from Tasmanian growers.
It says the transfer is expected to be completed over the next two months.
Source: http://www.abc.net.au/news/2012-06-07/coca-cola-swallows-cascade/4059104?section=tas
Take-Two Interactive Software
by The Associated Press
Take-Two Interactive Software Inc. said Tuesday that its
fourth-quarter net loss more than tripled as revenue fell and the video
game maker failed to
repeat the success of "Red Dead Redemption" from a
year ago.
Sales
were slightly
better-than-expected and its shares rose 69
cents, or 6.2 percent,
to $11.85 in after-hours trading following the
release of the earnings report.
The company's net loss in the three months to March 31 came to
$66.8 million, or 79 cents per share, worse than the loss of $22.1
million, or 27 cents per share,
a year ago.
Excluding stock-based compensation expenses and other items, the
adjusted loss came to 60 cents per share, steeper than the 54 cents per
share loss expected by analysts polled by FactSet.
Revenue fell 19 percent to $148.1 million from $182.2 million a year ago, but that
topped the $144 million expected by analysts.
Game makers have faced a tough market with sluggish
sales of
games on aging consoles. NPD Group said earlier this month that U.S.
retail sales of video game hardware, software and accessories fell 32
percent in April from a year ago, the fifth month of decline.
For the fiscal first quarter, Take-Two expects an adjusted loss
of 60 cents to 75 cents per share on revenue of $225 million to $275
million. That's worse than the 9 cents a share
profit on $280 million in
revenues analysts were looking for.
It also said it expected annual adjusted earnings of $2 to
$2.25
per share on revenue of $1.75 billion to
$1.85 billion in the year
through March 2013. That's below the $2.76 per share in earnings
expected by analysts. The revenue forecast bracketed the $1.79 billion
expected by analysts.
Source: http://www.businessweek.com/ap/2012-05/D9UU24301.htm
Facebook
by Salvador Rodriguez
LOS ANGELES:
Facebook is
rebuffing claims that its advertisements are
ineffective. It's come out with its own
research results, which
show
that most ad campaigns get
companies $
3 for every $1 they spend.
The new data released by the social network company was
released on Tuesday
together with ComScore in a report that also shows
how Facebook ads have helped
companies including
Starbucks and Target.
Facebook said its research shows that 70 per cent of ad
campaigns will get advertisers a return three times what they put in,
and in nearly half of all campaigns, Facebook ads get companies $5 for
every $1.
ComScore said that users who saw paid ads for an unnamed
retail company were 16 per cent more likely than those who didn't to
make a purchase from the company's locations and made online purchases
56 per cent more frequently, according to a Bloomberg report.
The
report also showed people who "Like" Target were more
likely to buy from the company 21 per cent more frequently, and people
who saw unpaid marketing messages from Starbucks made purchases from the
company every four weeks 38 per cent more often than those who didn't.
"This provides some strong evidence that
Facebook can be
an effective marketing channel," said Andrew Lipsman, vice president of
industry analysis at ComScore, to Bloomberg. "These are strong results."
The study is based on 60 campaigns in
recent years but
only addresses Facebook's non-mobile platform, leaving up in the air how
effective its mobile advertisements are.
The new report comes out about a month after General
Motors announced that it was pulling all of its Facebook ads just prior
to the social network company going public, which raised concerns from
would-be investors.
Reuters added to those concerns by releasing a poll
earlier this month that showed that 80 per cent of Facebook users said
the site's ads had never influenced them.
Source: http://www.brisbanetimes.com.au/technology/technology-news/facebook-report-aims-to-prove-its-ads-make-money-20120613-20aan.html
Mashup
by Vuong Nguyen
The multi-national companies Coca Cola Amatil, Take-Two Interactive Software Inc. & Facebook confirmed it is intending to buy Starbucks and Target together. They intend to repeat the success of recent years, raising potential
retail sales. We
would see only very positive benefits coming for our group. Facebook said its research shows that 70 per cent of sales were better-than-expected and its shares rose $2.25
per share to $11.85. Coca Cola Amatil says it intends to profit on those two labels being supported and marketed by Facebook, rebuffing claims that its advertisements are
ineffective. A research report show the 3 companies revenue will topped $1.85 billion in the year
through March 2013.