UVA-F-1188 DELTA BEVERAGE GROUP‚ INC. It was July 1994‚ and John Bierbaum‚ chief financial officer (CFO) of Delta Beverage Group‚ Inc.‚ sat at his desk at the company’s headquarters in Memphis‚ Tennessee. As he considered the company’s promising future‚ he reflected on how close Delta had come to bankruptcy a couple of years earlier. In the last six years‚ the group had managed to turn around operations‚ and recently it had been on a buying spree and had acquired significant new franchises
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Roy and Jones Inc. is a well-known international commerce and investment company. They were formerly known as a progressive corporation that embolden the hiring of women where a greater part of its staff are women. The firm also provide flexible working conditions which include both time and place of work. This means that their employees can have variable working hours depending on their needs and they can even work from home. However‚ currently the firm faces a bad reputation where they refrain
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Case Summary: Owens & Minor‚ Inc. Owens & Minor‚ Inc. is one of the nation’s largest distributors of medical and surgical supplies that has been in operation for over 114 years. Obtaining and keeping profitable customers was critical for Owens & Minor‚ Inc. The company had an opportunity to negotiate business with Ideal Health Systems‚ a manufacturing company‚ when Ideal’s $30 million annual medical/surgical supply contract was up for bid. This was an opportunity Jose Valderas‚ divisional vice
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Custom Molds‚ Inc. Summary: Custom Molds is a design & fabricator of precision molds and molds part for the electronic industry. The company has to face an environmental change when the electronic industry began to have partnership with parts suppliers. Problem statement: On a short term‚ Custom Molds is not able to satisfy its customers by having a high quality custom product: there was orders returned because of defective parts; and Custom Molds is also not able to respect it’s delivery
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Markets by “Peter Lattman” Wall Street Journal Nov 7‚ 2006 (C1-C5). The case of Le Nature Inc was an indication of the fragility of the debt markets. On Tuesday November 7‚ 2006 in its section “Money & Investing” Wall street Journal reported the collapse of Le Nature Inc. Founded in 1989 by “Gregory Podlucky” this closely held beverage company specialized in producing and selling drinks: flavored water‚ vitamin juice. Le Nature Inc went to bankruptcy under the allegations of financial wrongdoing such
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In the Corn Products Refining Co. case‚ the company had purchased corn futures in order to ensure that the corn needed for operations could be obtained in times of shortage or raising prices‚ without the need to worry about storage capacity limitations. The company reported the gain or loss on the futures as ordinary income and losses in 1940 and 1942‚ however the company later argued that the futures should be classified as a capital asset‚ subjecting the gain and losses incurred to Section 117
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Crooked CEO gets 50 years jail In 2013‚ the founder of Peregrine Financial Group Inc. sentenced 50 years jail for stealing $250 million from investors and hiding his theft around 20 years. The U.S. Attorney Sean R. Berry of the Northern District of Iowa states that‚ for years seemed Russell Wasendorf‚ Sr. was a successful CEO of his own brokerage and respected member of his company‚ supporting local charity‚ and creating jobs. But in reality‚ “he was a con man who built a building on smoke and mirrors”
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THE CASE FOR HUDSON HIGHLAND GROUP‚ INC. DIVERSITY: ATTAINING GLOBAL COMPETITIVE ADVANTAGE THOUGHT LEADERSHIP SERIES VOLUME 1; ISSUE 1 1 TITLE GOES HERE TITLE GOES HERE The Hudson Highland Group Thought Leadership Series addresses timely‚ relevant topics and issues surrounding human capital management and workplace performance. Published periodically by the company‚ these articles showcase the perspectives and insights of our industry experts around the world. Their content
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Towne Services‚ Inc. (Nasdaq/NM:TWNE) today announced the execution of a letter of intent to engage in a strategic merger with Private Business‚ Inc.‚ (Nasdaq:PBIZ). Based in Brentwood‚ Tennessee‚ Private Business is a leading provider of technology-driven solutions that help banks manage accounts receivable financing for small businesses. The company’s software-based solution‚ Business Manager(R)‚ automates the management of accounts receivable financing for a network of over 1‚100 community banks
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CASE ANALYSIS: CAREGROUP Introduction CareGroup was born in late 1996 from the merger of several hospitals in eastern Massachusetts. Intense financial pressure and competitiveness in the healthcare community was the driving force for the merger. As the second largest hospital group in the area‚ CareGroup was now a formidable force in the medical cost war that included healthcare providers and employers. The Network Collapse While most companies are not completely "paperless‚" many
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