Word: sectored
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...became one of the first major companies to air a Spanish-language TV commercial. In 1984, it was the first major U.S. corporation to sponsor S??bado Gigante, America's leading Spanish-language entertainment-and-variety program. But with so much competition--and money--now rushing into the sector, P&G can't afford to rest on those laurels. Enter Eleta's 45-person Puerto Rico--based multicultural-marketing division. "I realized how important this [division] was when a few white men within P&G wanted to come and work for us," says Eleta. (She jokes: "They're part...
...ninth largest U.S. oil company in terms of its oil reserves. But economists fear that, due to government pressure and national pride, managers will go for deals with inadequate regard for long-term corporate health. To keep growing, Lenovo needed to reach markets beyond the highly competitive domestic electronics sector, and buying IBM's PC unit gives the company control of one of America's most respected brands. But Lenovo's share price in Hong Kong has fallen 21% since the deal was announced in December. Investors are questioning the prudence of acquiring a unit that lost nearly $1 billion...
...lead over the Tories under Blair would increase to 13% if Brown were at the helm, according to a survey by pollsters NOP. And a whiff of good, old-fashioned socialism does nothing to harm Brown's high standing with Labour's grassroots or with the unions. Each sector controls one-third of the votes in the electoral college Labour must convene when it chooses its leader. Although there are other ministers who would win the endorsement of parliamentary colleagues - the final bloc in the electoral college - the Chancellor would almost certainly triumph in an election to succeed the Prime...
...ACQUIRED. KOREA FIRST BANK, the country's eighth-largest lender, by British bank Standard Chartered after a fierce bidding war with rival HSBC Holdings; for $3.3 billion; in Seoul. The deal represents the biggest-ever foreign investment in South Korea's financial sector...
...Meyer would not comment yesterday on the details of his plans in the private sector. “I’m not going to go there,” he said. “I’m totally focused...