• Skip to main content
  • Skip to primary sidebar

Corporate Office HQ

News

Volkswagen Plans on Being Generous to Win Back US Buyers

There are approximately 600,000 Volkswagen diesel owners in the US and the company has plans to offer generous compensation packages to them., according to an interview published in the German newspaper Frankfurter Allgemeine Sonntagszeitung. Although the company has yet to disclose if their compensation package would include cash, repairs, replacement vehicles, or car buy-backs. 

Kevin Feinberg, head of claims at Volkswagen, stated that he would not make his goal of settling claims within 90 days, he says that his hands are tied as he waits for Volkswagen executives to decide what kind of compensation package they would like to offer. The problem appears to be that no one at the company can agree on what the exact price of their emissions scandal should be.

It has been slightly more than 4 months since this scandal broke and the company still has no approval for an appropriate “fix” for these vehicles. However, Feinberg states that after the compensation package is decided on, he fully expects almost everyone to accept Volkswagen’s generous offer. Feinberg has also worked on settling claims for 9/11 and the BP oil spill. He said in the interview that he had received many emails from diesel car owners which state that they realize that, unlike 9/11, they had not lost a family member, but they did have a car with a problem and they expected to be treated fairly.

The uncertainty about the cost of whatever compensation package Volkswagen eventually offers has led to some dramatically lower stock prices. Since the start of 2016, the company has seen stock prices plunge 26%.

Regulators in America rejected Volkswagen’s original plan of fixing all 2.0 liter diesel cars. A deliberate software code enabled cars to hide their true emission output. The company has already assured owners in the US that they intend to offer packages of “no less than $1,000” and the European Commission is urging the German automaker to do the same with car owners in Europe.

Volkswagen has set aside $7.5 billion to in late 2015 to help cover costs for vehicles worldwide but this might need to be increased by another $3, possibly $4 billion more.

 

 

 

 

 

 

 

Source: Reuters 

x

There are approximately 600,000 Volkswagen diesel owners in the US and the company has plans to offer generous compensation packages to them., according to an interview published in the German newspaper Frankfurter Allgemeine Sonntagszeitung. Although the company has yet to disclose if their compensation package would include cash, repairs, replacement vehicles, or car buy-backs. 

Kevin Feinberg, head of claims at Volkswagen, stated that he would not make his goal of settling claims within 90 days, he says that his hands are tied as he waits for Volkswagen executives to decide what kind of compensation package they would like to offer. The problem appears to be that no one at the company can agree on what the exact price of their emissions scandal should be.

It has been slightly more than 4 months since this scandal broke and the company still has no approval for an appropriate “fix” for these vehicles. However, Feinberg states that after the compensation package is decided on, he fully expects almost everyone to accept Volkswagen’s generous offer. Feinberg has also worked on settling claims for 9/11 and the BP oil spill. He said in the interview that he had received many emails from diesel car owners which state that they realize that, unlike 9/11, they had not lost a family member, but they did have a car with a problem and they expected to be treated fairly.

History

The uncertainty about the cost of whatever compensation package Volkswagen eventually offers has led to some dramatically lower stock prices. Since the start of 2016, the company has seen stock prices plunge 26%.

Regulators in America rejected Volkswagen’s original plan of fixing all 2.0 liter diesel cars. A deliberate software code enabled cars to hide their true emission output. The company has already assured owners in the US that they intend to offer packages of “no less than $1,000” and the European Commission is urging the German automaker to do the same with car owners in Europe.

Volkswagen has set aside $7.5 billion to in late 2015 to help cover costs for vehicles worldwide but this might need to be increased by another $3, possibly $4 billion more.

 

 

 

 

 

 

 

Source: Reuters 

Filed Under: News Tagged With: Volkswagen, Volkswagen Incentives, Volkswagen Woos Buyers

Twitter Forced to Use GIFs to Plug Gushing Leak in Stock

What has happened to Twitter lately?  What used to be the cool venue to share your immediate thoughts and stay in touch with celeb’s has turned into a giant pigeon bomb. Some are saying that this social media platform appears to have reached its pinnacle.  The stock (NYSE:TWTR)  is struggling to stay afloat and find its place among other tech stocks. In fact, Twitter stock has become so volatile that it was recently moved from the “hold” position to the “sell” position, according to stock analyst at Stifel.

Even the  founder and chief analyst of Technalysis Research, Bob O’Donnell, writes that Twitter might have reached its peak and could be on the way out. Although many in the industry cannot imagine Twitter folding completely, other tech analysts are talking about the possibility that Twitter might die an untimely death if CEO Jack Dorsey can’t find a way to plug the leak in his company’s stock.

What has happened to this once popular and seemingly unsinkable company?

For starters, the user base has stagnated and the company does not seem able to find a way to monetize the base that it currently has. New users are practically non-existent and the company does not appear to have any ideas on how to fix this problem. No new users means no new growth. The lack of new users is affecting company stock tremendously.  In just one year, Twitter stock has dropped more than 58%  as of late last year and continues to fall in early 2016.

Jack Dorsey does not appear ready to give up. His answer to Twitter’s gushing leak from their dyke of stock? GIFs.  Some see GIFs as a smart way to spice up the platform content. GIFs are always popular and they have really taken off since Facebook introduced them, but can this tool help Twitter increase revenue? Some believe that the company can generate more income from the brands already on its platform through sponsored GIFs.

Twitter is currently testing a button on the mobile app which would allow users to click on this button, which opens a window with a ready-made selection of GIFs, which include everything from current mood to an opinion (such as a smiley GIF) to others animated pictures that are popular or are trending.

Currently, Twitter’s new user base is pathetically small when you compare it to the number of new users of Instagram or Snapchat. Is it be too late for Twitter to make up for lost time and lost new users?  Only time will tell if the introduction of GIFs will keep current users loyal and bring new users to the platform or if Twitter’s base is going to fly the coop.

 

 

 

 

 

 

 

Source: Learn Bonds 

x

What has happened to Twitter lately?  What used to be the cool venue to share your immediate thoughts and stay in touch with celeb’s has turned into a giant pigeon bomb. Some are saying that this social media platform appears to have reached its pinnacle.  The stock (NYSE:TWTR)  is struggling to stay afloat and find its place among other tech stocks. In fact, Twitter stock has become so volatile that it was recently moved from the “hold” position to the “sell” position, according to stock analyst at Stifel.

Even the  founder and chief analyst of Technalysis Research, Bob O’Donnell, writes that Twitter might have reached its peak and could be on the way out. Although many in the industry cannot imagine Twitter folding completely, other tech analysts are talking about the possibility that Twitter might die an untimely death if CEO Jack Dorsey can’t find a way to plug the leak in his company’s stock.

What has happened to this once popular and seemingly unsinkable company?

History

For starters, the user base has stagnated and the company does not seem able to find a way to monetize the base that it currently has. New users are practically non-existent and the company does not appear to have any ideas on how to fix this problem. No new users means no new growth. The lack of new users is affecting company stock tremendously.  In just one year, Twitter stock has dropped more than 58%  as of late last year and continues to fall in early 2016.

Jack Dorsey does not appear ready to give up. His answer to Twitter’s gushing leak from their dyke of stock? GIFs.  Some see GIFs as a smart way to spice up the platform content. GIFs are always popular and they have really taken off since Facebook introduced them, but can this tool help Twitter increase revenue? Some believe that the company can generate more income from the brands already on its platform through sponsored GIFs.

Twitter is currently testing a button on the mobile app which would allow users to click on this button, which opens a window with a ready-made selection of GIFs, which include everything from current mood to an opinion (such as a smiley GIF) to others animated pictures that are popular or are trending.

Currently, Twitter’s new user base is pathetically small when you compare it to the number of new users of Instagram or Snapchat. Is it be too late for Twitter to make up for lost time and lost new users?  Only time will tell if the introduction of GIFs will keep current users loyal and bring new users to the platform or if Twitter’s base is going to fly the coop.

 

 

 

 

 

 

 

Source: Learn Bonds 

Filed Under: News Tagged With: Twitter, Twitter GIF, Twitter Losing Value, Twitter Stock, Twitter Troubles

LinkedIn Shares on a Downward Slope

In after hour trading, LinkedIn shares plunged downward Thursday  on poor expectations for 2016, even though 4th quarter reports were better than expected.  The workplace networking website beat Wall Street estimates for the end of 2015, but the company’s forecast for 2016 was far below expectations. 2015 saw a strong demand for LinkedIn’s hiring and recruiting software but the company’s online advertising software has not taken off as hoped for.

LinkedIn suffered a loss of $8.4 million, when it had experienced a profit of $3 million the year before. Although the company had a powerful finish to the end of 2015, they disappointed many by forecasting an increase of only 55 cents per share for 2016, far below the expected 75 cents per share that analysts were forecasting.

Spokespersons for LinkedIn stated that the lower forecast comes from expected slower growth from their “Talent Solution” division, from which revenues were expected to drop from the current 30 percent to 20 percent, as well as an economic downturn in Europe and Asia.  This Mountain View, California, based company also stated that it intends to discontinue its advertising program, “Lead Accelerator” due to higher than expected costs.

LinkedIn receives about 60% of its revenue from recruiters, headhunters, and employers who are seeking qualified individuals to fill employment vacancies. The remainder of the company’s income is derived from advertising and premium subscriptions.

Although the company has seen a steady increase in revenue over the past 5 years, it often reports a general net loss due to large stock grants awarded to employees.

LinkedIn shares were volatile in 2015, taking a huge downward plunge in the spring after the purchase of online education site Lynda.com, then hitting a big upswing in the fall, only to drop once more in the last few months of 2015.

Membership in LinkedIn grew to 419 million in the last quarter, an increase of 19 percent. Company executives are expecting more clients from China and other markets, as well as increased revenue from online training and software sales which allow sales reps to increase contacts from their LinkedIn accounts.

The company does face some stiff competition, however, from companies such as GlassDoor, and even from Facebook, which recently launched a new platform so that workers can find and communicate more easily with co-workers and network with other colleagues.

 

 

 

 

 

Source: ABC News 

x

In after hour trading, LinkedIn shares plunged downward Thursday  on poor expectations for 2016, even though 4th quarter reports were better than expected.  The workplace networking website beat Wall Street estimates for the end of 2015, but the company’s forecast for 2016 was far below expectations. 2015 saw a strong demand for LinkedIn’s hiring and recruiting software but the company’s online advertising software has not taken off as hoped for.

LinkedIn suffered a loss of $8.4 million, when it had experienced a profit of $3 million the year before. Although the company had a powerful finish to the end of 2015, they disappointed many by forecasting an increase of only 55 cents per share for 2016, far below the expected 75 cents per share that analysts were forecasting.

Spokespersons for LinkedIn stated that the lower forecast comes from expected slower growth from their “Talent Solution” division, from which revenues were expected to drop from the current 30 percent to 20 percent, as well as an economic downturn in Europe and Asia.  This Mountain View, California, based company also stated that it intends to discontinue its advertising program, “Lead Accelerator” due to higher than expected costs.

History

LinkedIn receives about 60% of its revenue from recruiters, headhunters, and employers who are seeking qualified individuals to fill employment vacancies. The remainder of the company’s income is derived from advertising and premium subscriptions.

Although the company has seen a steady increase in revenue over the past 5 years, it often reports a general net loss due to large stock grants awarded to employees.

LinkedIn shares were volatile in 2015, taking a huge downward plunge in the spring after the purchase of online education site Lynda.com, then hitting a big upswing in the fall, only to drop once more in the last few months of 2015.

Membership in LinkedIn grew to 419 million in the last quarter, an increase of 19 percent. Company executives are expecting more clients from China and other markets, as well as increased revenue from online training and software sales which allow sales reps to increase contacts from their LinkedIn accounts.

The company does face some stiff competition, however, from companies such as GlassDoor, and even from Facebook, which recently launched a new platform so that workers can find and communicate more easily with co-workers and network with other colleagues.

 

 

 

 

 

Source: ABC News 

Filed Under: News Tagged With: LinkedIn, LinkedIn Shares, LinkedIn Stock

Target and CVS – A Match Made in Heaven?

Target’s next 3 stores, which should be opening this year in the Greater Boston area, will all look very much like the location that opened last year at  Fenway and they will all have one thing in common: all locations will contain CVS pharmacies, rather than Target pharmacies.

CEO of Target, Brian Cornell, calls the Fenway Target store “the crown jewel”  of all the companies current locations. The Fenway location is huge in size, consuming 160,000 square feet of space and 3 stories of shopping space. This location is much larger than any other Target location, but it’s all in the new CEO’s plan.

Target will be focusing more on cultivating their urban customers, so while the Fenway location might be enormous, the truth is that there aren’t that many 10 acre lots waiting to be developed in large cities. This means that many of the future Target locations will need to be compact or look towards adding floors, making them some of the first “high rise” Target stores in America.

Cornell recently announced that, starting this month in North Carolina, Target branded pharmacies will be replaced with CVS pharmacies. This re-branding effort will be nationwide and is expected to be completed within 8 months. The CEO has said that he is not concerned that long time Target pharmacy customers will be turned off by the name change. Cornell states that survey’s have shown most people have complete trust and confidence in the CVS brand and that he believes this is the perfect marriage of convenience and one-stop shopping. People can do their weekly shopping at Target while their prescriptions are being filled.

Target’s on-line sales are also soaring. Cornell believes that more and more people will place their orders online, then swing by the pharmacy to get their prescriptions on their way to check out.

The company plans to open at least 3 stores in the greater Boston area and Cornell says they are actively looking for more locations to suit this CEO’s aggressive plan for growth.

 

 

 

Source: Boston Business Journal

x

Target’s next 3 stores, which should be opening this year in the Greater Boston area, will all look very much like the location that opened last year at  Fenway and they will all have one thing in common: all locations will contain CVS pharmacies, rather than Target pharmacies.

CEO of Target, Brian Cornell, calls the Fenway Target store “the crown jewel”  of all the companies current locations. The Fenway location is huge in size, consuming 160,000 square feet of space and 3 stories of shopping space. This location is much larger than any other Target location, but it’s all in the new CEO’s plan.

Target will be focusing more on cultivating their urban customers, so while the Fenway location might be enormous, the truth is that there aren’t that many 10 acre lots waiting to be developed in large cities. This means that many of the future Target locations will need to be compact or look towards adding floors, making them some of the first “high rise” Target stores in America.

History

Cornell recently announced that, starting this month in North Carolina, Target branded pharmacies will be replaced with CVS pharmacies. This re-branding effort will be nationwide and is expected to be completed within 8 months. The CEO has said that he is not concerned that long time Target pharmacy customers will be turned off by the name change. Cornell states that survey’s have shown most people have complete trust and confidence in the CVS brand and that he believes this is the perfect marriage of convenience and one-stop shopping. People can do their weekly shopping at Target while their prescriptions are being filled.

Target’s on-line sales are also soaring. Cornell believes that more and more people will place their orders online, then swing by the pharmacy to get their prescriptions on their way to check out.

The company plans to open at least 3 stores in the greater Boston area and Cornell says they are actively looking for more locations to suit this CEO’s aggressive plan for growth.

 

 

 

Source: Boston Business Journal

Filed Under: News Tagged With: Boston Target Stores, CVS and Target, CVS Pharmacy, Target, Target and CVS in Boston

Google Kicks Apple Off the Top Spot as Most Valuable Company

Google’s parent company, Alphabet, has finally kicked Apple  off their throne as the World’s Most Valuable Company. This came after Google posted stunning growth in the last quarter, mostly fueled by digital advertising.

Alphabet is a spin off from Google business and in its first ever business report, the company posted a profit of $4.9 billion. This is up from the $4.7 billion it listed as profit before the spin off.  This report sent Wall Street into a frenzy, boosting the company’s stock price and giving it an approximate overall worth of $570 billion, which is more than Apple’s current worth of $535 billion.

Even though Apple announced record quarter sales just last week, the company is facing a rocky road in 2016. Smart phone sales have stalled while advertising via mobile phones is hotter and more profitable than ever. Google is still the preferred search engine and that engine appears to have unlimited potential, which is driving company profits through the roof.

Google’s hiring of a new Chief Financial Officer, Ruth Porat, a former Wall Street executive with a great deal of experience, has helped to bring financial discipline to the company. This, in combination with growth and transparency, has allowed the company to find its own magic potion that continues to bring new customers, especially in the area of click marketing.

Apple had disappointing sales with their iPhone 6s, which has some questioning if Apple has reached its pinnacle. There are plans to release a completely new iPhone later this year, so this news does not necessarily mean that Apple is out of the race but that this giant might have simply stumbled a bit right out of the 2016 gate.

At its core, Google has always been an advertising and search engine company but their latest forays into self-driving cars, fighting cancer, and Internet beaming drones has made this company one of great interest to the public. For investors, the thought that Alphabet might spin off some of these endeavors in to even more profitable companies, these ideas are like ringing the bell for Pavlov’s dogs. They see the potential for huge profits and are willing to part with their hard earned cash in hopes of, one day soon, cashing in.

This is a huge mile marker for Alphabet and Google as many in the industry thought Apple the unbeatable business model. Apple now needs to become a “prove it” company to Wall Street in order to regain their title and throne.

 

 

Source: ABC News 

x

Google’s parent company, Alphabet, has finally kicked Apple  off their throne as the World’s Most Valuable Company. This came after Google posted stunning growth in the last quarter, mostly fueled by digital advertising.

Alphabet is a spin off from Google business and in its first ever business report, the company posted a profit of $4.9 billion. This is up from the $4.7 billion it listed as profit before the spin off.  This report sent Wall Street into a frenzy, boosting the company’s stock price and giving it an approximate overall worth of $570 billion, which is more than Apple’s current worth of $535 billion.

Even though Apple announced record quarter sales just last week, the company is facing a rocky road in 2016. Smart phone sales have stalled while advertising via mobile phones is hotter and more profitable than ever. Google is still the preferred search engine and that engine appears to have unlimited potential, which is driving company profits through the roof.

History

Google’s hiring of a new Chief Financial Officer, Ruth Porat, a former Wall Street executive with a great deal of experience, has helped to bring financial discipline to the company. This, in combination with growth and transparency, has allowed the company to find its own magic potion that continues to bring new customers, especially in the area of click marketing.

Apple had disappointing sales with their iPhone 6s, which has some questioning if Apple has reached its pinnacle. There are plans to release a completely new iPhone later this year, so this news does not necessarily mean that Apple is out of the race but that this giant might have simply stumbled a bit right out of the 2016 gate.

At its core, Google has always been an advertising and search engine company but their latest forays into self-driving cars, fighting cancer, and Internet beaming drones has made this company one of great interest to the public. For investors, the thought that Alphabet might spin off some of these endeavors in to even more profitable companies, these ideas are like ringing the bell for Pavlov’s dogs. They see the potential for huge profits and are willing to part with their hard earned cash in hopes of, one day soon, cashing in.

This is a huge mile marker for Alphabet and Google as many in the industry thought Apple the unbeatable business model. Apple now needs to become a “prove it” company to Wall Street in order to regain their title and throne.

 

 

Source: ABC News 

Filed Under: News Tagged With: Apple, Google, Google Alphabet, Most Valuable

  • « Go to Previous Page
  • Page 1
  • Interim pages omitted …
  • Page 4
  • Page 5
  • Page 6
  • Page 7
  • Go to Next Page »

Primary Sidebar

Corporate Office Search

Recent Complaints

  • Azalea Scott on Camp Bow Wow Corporate Office
  • Beverly Coker on CoverGirl Corporate Office
  • Arthur Maxwell on Maverik Corporate Office
  • Layla turin on T.G.I. Friday’s Corporate Office
  • Andrias Chataryan on NVIDIA Corporation Corporate Office
  • Greer Kingsley on DoorDash Corporate Office
  • Amy on Garden of Life Corporate Office
  • Liana on IHOP Corporate Office
  • Karen Curlovic on Allergy Partners Corporate Office
  • Alex on Toyota Corporate Office

New Company Profiles

  • Guerrilla Tacos Corporate Office
  • Jubilee Foods Corporate Office
  • CoolSculpting Corporate Office
  • 3 Birds Restaurant Corporate Office
  • UltraHuman Ring Air Corporate Office
  • Birch Creek Energy Corporate Office
  • CharterUp Corporate Office
  • CareBridge Corporate Office
  • Carrabba’s Italian Grill Corporate Office
  • NYPD Pizza Corporate Office

Company Industries

Copyright © 2013-2023 CorporateOfficeHQ.com. Privacy Policy | Terms & Conditions | Contact Us

CleanTalk Pixel