Unfortunately, small business retained earnings alone won’t take the economy from moribund recovery to robust expansion. That will require Corporate America to stop hoarding cash and start investing in the economy. The question is, when will Wall Street let them?
Hot Business News Today
Hot Business News Today
5 Negotiation Mistakes to Avoid
by Successful IBO • • 0 Comments
Negotiating is difficult and stressful. To get what you want the right way, avoid these mistakes.
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Ready for the Holidays? 5 Small Business Saturday Survival Tips
by Successful IBO • • 0 Comments
Small Business Saturday is fast approaching. Make sure you’re ready for the holiday season with these tips.
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Sony Xperia Z3v: Top 3 Business Features
by Successful IBO • • 0 Comments
Sony’s Xperia Z3v is a durable business phone with a big display, fast performance and handy software features.
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OS X Yosemite: Is it Good for Business?
by Successful IBO • • 0 Comments
Apple’s new desktop operating system adds a ton of productivity-boosting features for business users.
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Interview with Kelly Wenzel – Founding Director with Stella & Dot and National Account Manager with Simply Hired
by wahanelson • • 0 Comments
Tell us about your work at home position with Stella & Dot. Stella & Dot’s mission is to give women globally the means to style their own life on their own terms. With Stella & Dot, our celebrity coveted accessories brand is only sold through private trunk shows, personal shopping sessions and our ecommerce site. […]
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Job growth a key issue in NY governor's race
by Successful IBO • • 0 Comments
Gov. Andrew Cuomo says New York has more jobs than ever and that upstate New York is rebounding.
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Tax cut for Ohio small businesses goes unclaimed
by Successful IBO • • 0 Comments
Hot Business News Today
Micro-Enterprise Network CVSL Sets Terms For $60 Million Uplisting To The NYSE
by Tina Williams • • 0 Comments
CVSL, which acquires and improves the operations of small direct selling businesses, announced terms for its uplisting to the NYSE MKT on Tuesday. The Plano, TX-based company plans to raise $60 million by offering 6.7 million shares at a price range of $8 to $10. At the midpoint of the proposed range, CVSL would command a market value of $308 million.
It is currently traded on the OTCQX Marketplace under the symbol CVSL, and has a market value of about $293 million, down from $500 million when it last filed in early September ($250 million when it first filed in May).
CVSL was acquired by Chairman and CEO John Rochon, the former head of Mary Kay. Its seven portfolio companies’ industries include home improvement, gourmet foods, skin care and nutritionals. The holding company builds these independent businesses using its expertise in e-commerce, social media and micro-enterprise strategy as well as bringing efficiencies in finance, IT and the supply chain.
Net sales jumped 122% to $41 million for the six months ended June 30, 2014 due to recent acquisitions. Its operating loss widened to $7 million from $4 million due to higher commissions and incentives and SG&A as a percent of revenue because of the
Hot Business News Today
Micro-Enterprise Network CVSL Sets Terms For $60 Million Uplisting To The NYSE
by Tina Williams • • 0 Comments
CVSL, which acquires and improves the operations of small direct selling businesses, announced terms for its uplisting to the NYSE MKT on Tuesday. The Plano, TX-based company plans to raise $60 million by offering 6.7 million shares at a price range of $8 to $10. At the midpoint of the proposed range, CVSL would command a market value of $308 million.
It is currently traded on the OTCQX Marketplace under the symbol CVSL, and has a market value of about $293 million, down from $500 million when it last filed in early September ($250 million when it first filed in May).
CVSL was acquired by Chairman and CEO John Rochon, the former head of Mary Kay. Its seven portfolio companies’ industries include home improvement, gourmet foods, skin care and nutritionals. The holding company builds these independent businesses using its expertise in e-commerce, social media and micro-enterprise strategy as well as bringing efficiencies in finance, IT and the supply chain.
Net sales jumped 122% to $41 million for the six months ended June 30, 2014 due to recent acquisitions. Its operating loss widened to $7 million from $4 million due to higher commissions and incentives and SG&A as a percent of revenue because of the