The News Review:
- Legacy Appoints Vice President of Sales and Marketing, Europe, Middle…
- Oracle shares slide on disappointing sales
- Sun Swallows MySQL, But Management Remains Intact
- Stacy Keen Appointed Director of Sales and Marketing for The Wyland…
Legacy Appoints Vice President of Sales and Marketing, Europe, Middle…
Genetic Engineering News – Genetic Engineering News (press release) – Mar 27, 2008
Paul Vaughan-Griffiths has over 30 years’ experience in thePharmaceutical Industry. Prior to joining Legacy he was Head ofCommercial European Operations in Prostrakan Ltd where he was involvedin building the European business and for 10 years with ValeantPharmaceuticals, previously ICN where he was Vice President Sales,Marketing and Business Development and built the EuropeanPharmaceutical Business achieving sales growth from $30 million to$250 million. He also spent 20 years working for American Cyanamid,Lederle Laboratories holding various sales, marketing and GeneralManagement positions in Europe and the United States. Vaughan-Griffiths will be based at the Company’s Europeanheadquarters in Basel, Switzerland. About Legacy Pharmaceuticals Legacy Pharmaceuticals International GmbH is a customer-focusedcontract manufacturing and generic pharmaceutical company specializingin global manufacturing of prescription, over-the-counter (OTC),generic and cosmetic products at its plants in Humacao, Puerto Ricoand Basel, Switzerland. More information about Legacy can be found at www.
Oracle shares slide on disappointing sales
MarketWatch – Mar 27, 2008
Analysts, however, maintained a largely bullish view on Oracle, with many telling investors to take advantage of the price drop to pick up shares. ‘”I’m surprised applications was light; it’s definitely disappointing… Many of those analysts told investors Thursday morning that the weakness in the shares represented a good buying opportunity. “We continue to believe that Oracle is better positioned than most software companies to weather a difficult economy, as it has become more strategic to its customers, and we believe it has room to grow margins through natural cost rationalization in sales and marketing and R&D,” wrote John DiFucci of Bear Stearns in a note to clients. DiFucci added, however, that “a relatively deep, prolonged recession” would have a “material affect” on the company’s results. Kirk Materne of Banc of America Securities noted that Oracle is heading into what’s typically a seasonally strong period — the final three months of its fiscal year — and that its forecast “reflects a healthy level of optimism based on a strong sales pipeline and does not assume any improvement in closure rates. ”
Charles Di Bona of Bernstein Research said that while Oracle “remains a reasonably defensive investment,” it is clearly not immune from the economic environment. “We remain concerned about the sustained organic growth rates of the company and believe that achieving the company’s stated earnings goals would appear to call for a continuation of Oracle’s acquisition activity,” according to Di Bona, who rates the stock as market perform.
Related: Aberdeen Asset Management says Morgan Stanley, UBS buy, sell shares
Sun Swallows MySQL, But Management Remains Intact
InformationWeek – Mar 27, 2008
Urlocker, Executive VP for Worldwide Sales Mark Burton, and CEO Marten Mickos all remain in place and are urging their staffs to continue doing what they were doing before the acquisition and not try to adopt Sun’s practices, Urlocker stated during a panel at the Open Source Business Conference in San Francisco on Wednesday. More Software InsightsWhite Papers
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Stacy Keen Appointed Director of Sales and Marketing for The Wyland…
e-Travel Blackboard – e-Travel Blackboard (press release) – Mar 27, 2008
Keen, a seasoned professional of the hospitality industry with more than 22 years of sales and marketing experience, is responsible for the development and implementation of a comprehensive sales and marketing strategy to maximize market share, revenue, and occupancy growth while upholding the company’s mission. Prior to moving to The Wyland Waikiki, Keen was a senior sales manager for Outrigger Hotels & Resorts’ Beachfront Division representing the Outrigger Waikiki on the Beach, Outrigger Reef on the Beach and the Outrigger Keauhou Beach Resort. While a member of the Outrigger Beachfront team, Keen was instrumental in developing sales strategies to reposition the Outrigger Reef on the Beach, which is currently undergoing a major $120 million makeover to transform the hotel for the luxury market. Keen has also worked as the director of sales for the Turtle Bay Resort where she developed and implemented a sales & marketing strategy that exceeded revenue sales goals and grew the wholesale customer base by 30 percent.
Related: … Design International Announces Development & Marketing…