Wednesday, January 23, 2002
Morning Memo
Hot tips and news to start your business day
Today's Number: 100
Acres of pizza that Pizza Hut says Americans eat every day about 11.5 million purchases a day, or 4.2 billion a year.
The Cincinnati Enquirer
Today's Mover
Ronald J. Richter has been named an associate at Wood, Herron & Evans, L.L.P. He was technical adviser. He graduated with a bachelor of science degree in molecular biology from Vanderbilt University, and from the University of Cincinnati College of Medicine. He received his law degree from the University of Dayton School of Law.
Today's Career Talk
The one area of business development that no leader can really control is the one that may be most critical: self-development of employees. Remind yourself that self-development of others is the one thing you cannot delegate, says Marion Luna Brem, author of The 7 Greatest Truths about Successful Women. I always try to remind myself of that, she says. That helps me to let go of other things.
Today's Money Tip
Remember that in a recession, health stocks are usually evergreen. The standard defensive stocks are the pharmaceuticals: Merck, Eli Lilly, Abbott Laboratories. And they'll probably do better than many others, even though they face competition from generic rivals. Al Kildani, an analyst with Pacific Growth Equities, poses a more sophisticated question in judging whether to invest in a health-related or medical-device stock: Will the cost be reimbursed by insurance?
Today's Company: Arden Group Inc.
Techie Tuneups: Founded in 1997, Arden provides computer training services and has become the Cincinnati training center for Notes/Domino I.T. professionals. Public classes are held at the firm's headquarters in Blue Ash, but specially tailored classes at clients' offices are offered.
Fast Track: Many of Arden's customers are Fortune 500 companies in the Cincinnati-Dayton area. Demand for the company's services has resulted in an average growth rate of 75 percent yearly.
A Wider Web: Arden's newest training program is designed for individuals who develop Web applications using programs such as Java, Javascript and XML.
Spreading Out: In May 2001 Arden moved to a 4,000-square-foot plant on Glendale-Milford Road that is 60 percent larger than its original site on Carver Woods Drive in Blue Ash.
Jenny Callison
Discounter lost at its own game
Clairol adding to jobs here
Competition, 9-11 slow casino winnings
Bayer ready for the Big Board
Delta speeds frequent-flier check-ins
Meridian reports 114% net increase
Business Digest
Industry notes: Banking
Tristate Summary
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