Nail Media Group rebrands as Nail Marketing 360
STAMFORD, Conn. — Nail Media Group announced its new name, Nail Marketing 360. According to the company, this rebranding reflects the wide range of marketing services the agency has provided in recent years to better accommodate the growing needs of its clients.
“When Nail Media Group opened in 2001, our focus was on providing national brands seasoned leadership in media planning and buying,” said Jack Nail, founder of Nail Marketing 360. “Our name change is simply a reflection of our growth and the number of marketing and advertising services our agency has been providing for years to better serve our clients.”
Nail Marketing 360 is a full-service integrated marketing agency providing comprehensive services ranging from brand strategy, media strategy, planning & buying, creative development and fully integrated promotions.
AmerisourceBergen sees ‘strong performance’ for Q3
VALLEY FORGE, Pa. — AmerisourceBergen on Thursday reported increased revenue of $30.3 billion for third-quarter 2014 ended June 30, a 39% increase. Adjusted diluted earnings per share from continuing operations increased 29.5% percent to $1.01.
“We delivered very strong performance in our June quarter, driven by the onboarding of substantial new business, and excellent operational and financial results,” said Steven H. Collis, AmerisourceBergen president and CEO. “In addition, we made important progress with our strategic objectives, and continued to make significant long-term investments in our business. We finalized our agreement to acquire a minority stake in Profarma Distribuidora de Produtos Farmacêuticos S.A., and launched the specialty joint venture in Brazil. We generated substantial free cash flow, continued to take steps to improve our balance sheet, and positioned ourselves well to meet or exceed our financial objectives for the full fiscal year.”
The company also reported that:
- Gross profit was $822.7 million, a 21.2% increase over the same period the previous year;
- Operating expenses were $429.2 million, up 17.2% over the same period last year;
- Operating income totalled $393.5, up 26% from the prior year;
- An effective tax rate of 38%, which the company said is slightly higher than the previous year; and
- Shares outstanding were 230.7 million, which is a decrease of 2.1% from the previous year.
Schiro resigns from PepsiCo’s board
PURCHASE, N.Y. — PepsiCo on Thursday announced that James Schiro has resigned from the company's board of directors for health reasons, effective immediately.
"Jim's contributions to PepsiCo have been simply immeasurable," said PepsiCo chairman and CEO Indra K. Nooyi. "Jim is, without question, one of the finest business leaders I have ever known. He is a strategic thinker whose mastery of the global business landscape, strong leadership qualities, and long track record of creating shareholder value have made him an incredible asset to the PepsiCo Board of Directors for more than a decade. His business acumen is second to none, but so is his generosity of spirit, and he will be greatly missed on both counts. I will be forever thankful for Jim's years of dedicated service to our company, and we will keep Jim in our constant thoughts as he tends to his health with the support of his family and friends."
Schiro is the former CEO of both Zurich Financial Services and PricewaterhouseCoopers. He was elected to PepsiCo's board of directors in 2003 and served as the company's presiding director from May 2010 to May 2013. Most recently, Schiro served on PepsiCo's nominating and corporate governance committee and its compensation committee.