Vt CEOs see mixed economic future: sales up, jobs flat

first_imgRoundtable Releases Fourth Quarter, 2004 CEO Economic Outlook SurveyResults So. Burlington, VT – Results from the Vermont BusinessRoundtable’s (Roundtable) Fourth Quarter, 2004 CEO Economic OutlookSurvey, show that over three quarters of responding CEOs are expectingincreases in company sales in the coming six months, which is a sixpercent increase over the last quarter. Projections for capital spendingare down by a similar percentage and employment levels are flat whencompared to the previous quarter. George Chandler, President & CEO of Hubbardton Forge inCastleton and Jim Crook, CEO of IDX Systems Corporation in Burlington aremembers of the Roundtable. When asked to comment on his CEO EconomicOutlook Survey responses, George Chandler stated that, “There appears tobe steady, though modest growth in the design and home furnishingsmarkets; however the number of domestic players are shrinking. Todaycustomer expectations can be met by any number of less expensive off-shorecompetitors. Continuous investment in people, innovation and capitalimprovements is our only edge if we want to continue to build, much lessmaintain our current market share. Jim Crook said that he is alsoprojecting increases in company sales, capital spending and employment forIDX over the next quarter because, “the need for health care informationtechnology is critical to solving the worldwide mandate of improvedpatient care and lowering the costs of care.” The survey, modeled after the National Business Roundtable’s CEOEconomic Outlook Survey, was conducted in early October and enjoyed a 62%response rate. The key findings which reflect the membership’s outlookfor the next six months, include the following details:* 77% of responding CEOs expect an increase in consumer sales, 22% see nochange, and 1% anticipate a decrease. [Third Quarter results: Increase71%, No change 25%, Decrease 4%]* 45% expect capital spending to increase in the next six months, 46% seeno change, and 9% anticipate a decrease. [Third Quarter results: Increase51%, No change 42%, Decrease 7%]* 58% expect employment to increase in the next six months, 39% see nochange, and 3% anticipate a decrease. [Third Quarter results: Increase59%, No change 37%, Decrease 3%]Created in 1987 as a nonprofit, public interest organization, the VermontBusiness Roundtable iscomprised of 120 CEOs of Vermont’s top private and nonprofit employersdedicated to making Vermont the best place in America to do business, beeducated, and live life. Member businesses employ over 47,000 employees invirtually every county across Vermont.-###-last_img read more

Minute Media secures $40m venture backing to accelerate global appeal

first_imgShare Gold Standard… Minute Media closes $17 million funding round May 17, 2018 Submit Play in the Official SBC Foosball Championship at #BOFCON April 11, 2016 Related Articles StumbleUpon Minute Media has has raised a further $40 million in venture capital to help accelerate the digital sports publisher’s next stage of global growth and further product launches.Closing its latest funding round led by London-based VC fund Dawn Capital, Minute Media raises its total enterprise funding to date to $160 million.A transformative 2019 saw Minute Media aggressively expand its US publishing network by acquiring the high coverage assets of NFL news source ‘The Big Lead’, fan content publisher ‘Fansided’ and baseball legend Derek Jeter’s athlete-focused domain ‘The Players’ Tribune’.Asaf Peled, enterprise founder and CEO, said: “We are grateful to have the confidence of industry-leading investors to support our vision of building digital publishers rooted in strong technology. This round of funding will help us invest in our technology platform and enable us to look at new digital brands as acquisition targets.”Minute Media’s US acquisition drive sees the publisher strengthen its established media network, which includes leading football fan community ‘90mins’, leading esports publisher ‘DBLTAP’ and millennial news and entertainment portal ‘Mental Floss’.Leading the investment, Dawn Capital detailed that it was backing the development of sports and entertainment’s most diverse publishing network, beefing up its asset for global expansion.Haakon Overli – Dawn CapitalBacking Minute Media’s ambitions, Haakon Overli, General Partner at Dawn Capital, said: “Following explosive revenue growth in 2019, we’re pleased to back the team once again, allowing them to accelerate R&D and commercial efforts further still.“Minute Media’s best-in-class platform enables publishers to create, distribute and monetize high-quality content. The company is quickly establishing itself as a major player in the new generation of online publishing, empowering creators and audiences alike.” BOFCON 2016 – Read all about it: Content Marketing April 21, 2016 Sharelast_img read more

Penguins rally past Maple Leafs 6-5 in shootout

first_imgPittsburgh Penguins’ Evgeni Malkin, left, puts the game-winning goal behind Toronto Maple Leafs goalie Jonathan Bernier (45) to end a shootout during an NHL hockey game in Pittsburgh, Wednesday, Nov. 27, 2013. (AP Photo/Gene J. Puskar)PITTSBURGH (AP) — The Pittsburgh Penguins spent the first 25 minutes against the Toronto Maple Leafs showcasing all of their flaws, from defensive breakdowns to spotty goaltending to questionable decision-making.Then they spent the next 40 providing a reminder why they remain one of the most potent teams in the NHL.Evgeni Malkin picked up his first two-goal game in more than 18 months and added the game-winner in the shootout and Pittsburgh rallied by the stunned Maple Leafs 6-5 on Wednesday night.“That game was all over the place,” Pittsburgh coach Dan Bylsma said.So was Bylsma’s team, which fell behind 4-1 and 5-3 — looking comical at times in the process — before getting its act together in the third period.Malkin and James Neal both scored in the third to tie it up, with Malkin and Sidney Crosby beating Toronto’s Jonathan Bernier in the shootout as Pittsburgh narrowly avoided its third three-game losing streak of the season.“Give everyone credit for sticking with it, because that first 25 minutes is as ugly as it gets,” Crosby said.Chris Conner and Kris Letang also scored for Pittsburgh while Crosby added two assists to lift his point total to a league-leading 33. Rookie Jeff Zatkoff stopped 11 of 13 shots after replacing ineffective starter Marc-Andre Fleury less than a minute into the second period.“Jeff came in and made the stops he needed to make and played heads up,” Bylsma said.Having the third period off helped too. Toronto didn’t record a single shot over the final 25 minutes of play and went 0 for 2 in the shootout.James van Riemsdyk scored twice and added an assist for the Maple Leafs. Phil Kessel, Tyler Bozak and Nazem Kadri also scored for Toronto, but the Maple Leafs lost their way after taking a big lead.“I thought we did some good things for parts of the game, but obviously against a team like that you give them an inch and they’re going to take it all,” van Riemsdyk said.While the Maple Leafs fizzled, there were no problems for the Penguins, who peppered Bernier with a season-high 48 shots. The goaltender made 43 stops, but went just 1 for 3 in the shootout.The Penguins have won 12 straight games against goaltenders making their first career starts against Pittsburgh.It’s a streak that appeared in jeopardy when Bozak put the Maple Leafs ahead 5-3 with 5 seconds left in the second period by tapping a lazy rebound by Zatkoff.Instead, it proved to be the last sign of offense from Toronto. Pittsburgh’s decimated defense, which lost star Paul Martin for 4 to 6 weeks earlier in the day with a fractured leg, clamped down and let Malkin, Crosby company go to work.“We received the whole third period,” Toronto coach Randy Carlyle said. “We didn’t skate, we didn’t forecheck, we didn’t establish much.”Neal’s sixth goal in his past five games pulled Pittsburgh within 5-4 at 3:46 of the third and Malkin tied it less than four minutes later when he stood in front of the crease and nudged a scrambling Bernier into the net then tucked the puck under the sprawled goaltender.“Slow start but we need to play whole 60 minutes,” Malkin said. “Not a great game for us but two points, it’s fine.”Toronto managed to extend the game through overtime, but was no match against Zatkoff in the shootout. Zatkoff stuffed Bozak and David Clarkson in the first two rounds, and after Crosby easily beat Bernier to give the Penguins the advantage, Malkin wrapped up the comeback by firing a wrist shot over the exhausted goaltender’s right arm.Pittsburgh dominated for stretches early, but the Maple Leafs kept effectively counter punching.Van Riemsdyk and Kadri helped the Maple Leafs take an early 2-1 lead and things only got worse for Fleury early in the second. He failed to clear the puck behind the net, instead feeding it directly to van Riemsdyk, who pushed it across the goal to make it 3-1 just 13 seconds into the period. That was all for Fleury, stopped just eight of the 11 shots he faced.Zatkoff didn’t exactly settle in quietly. Another Pittsburgh turnover allowed Bozak to set up a wide-open Kessel for a one-time that pushed Toronto’s lead to 4-1 just 29 seconds after Fleury skated to the bench.Pittsburgh drew within a goal as Malkin and Letang scored on consecutive power plays, but the hard work seemed to evaporate in the final moments of the second as Zatkoff failed to control a rebound on a van Riemsdyk slap shot and the puck just sat in the crease for Bozak to tap in with just 5 seconds remaining in one of the weirder 20 minutes of the season for both teams.It set the stage for what Bylsma called the best 25 minutes he’s seen from his team in quite some time.NOTES: The Penguins went 3 for 5 on the power play. … Malkin’s last multiple-goal game came on March 22, 2012, against Nashville. … Toronto played without F Joffrey Lupul, who strained his groin in the second period of Monday’s loss to the Blue Jackets. … A crowd of 18,660 showed up the night before Thanksgiving to provide the Penguins with their 300th straight sellout.last_img read more