Legg Mason Appoints Matthew Schiffman Head of Product and …

The News Review:

- Legg Mason Appoints Matthew Schiffman Head of Product and …
- US retail sales worst in decades; holiday view cut
- Target same-store sales slide
- Talbots Reports Third Quarter 2008 Sales Results
- BioEnergy Solutions Names Renee A. Rippchen VP of Sales and Marketing

Legg Mason Appoints Matthew Schiffman Head of Product and …
MarketWatch 
Schiffman has deep experience in sales, product development and marketing strategy across distribution channels and asset classes. Most recently, he was National Sales Manager at Lincoln Financial. Prior to that, he was Director of Sales and Marketing for Prudential Annuities from 2003-2006 where he was responsible for setting the strategic direction for growth of the division across the independent, wirehouse, bank and agency channels. From 2002-2003, he was National Sales Manager for Dreyfus Corporation, focused on separately managed accounts, mutual funds, variable annuities and investment-only 401Ks. From 1994 to 2002, he held senior positions at Manulife Financial, where he had responsibility for product development, marketing and sales strategies for the firm’s annuity, life and pension products and the firm’s Section 529 platform. He has also held senior positions at Nicholas-Applegate, and Paine Webber.

US retail sales worst in decades; holiday view cut
guardian.co.uk, UK 
7 pct * Wal-Mart stock off 0. 8 pct, S&P retail index off 4. 6 pct (Updates stock price, adds link to retail results table) By Nicole Maestri NEW YORK, Nov 6 (Reuters) – U. retail chains posted theworst October sales results in more than three decades asconsumers cut spending sharply, stunned by a financial crisisthat has derailed the U.

Target same-store sales slide
Bizjournals.com, NC 
decreased by nearly 5 percent, and the company expects more of the same through the holiday season and after. Target (NYSE:TGT) stores that had been open at least one year saw a decline of 4. 8 percent compared to last year.

Talbots Reports Third Quarter 2008 Sales Results
MarketWatch 
Talbots reported total sales for the thirteen weeks ended November 1,
2008 of $357 million, versus last year’s sales
of $414 million. Retail store sales were $303 million compared to $345
million last year. Comparable store sales for the Talbots brand declined 13. 9% for the
thirteen-week period. Direct marketing sales for the thirteen-week period were $54 million,
including catalog and Internet, compared to $69 million last year. Year-to-date sales for the thirty-nine weeks ended November 1, 2008 were
$1,167 million compared to $1,280 million reported for the thirty-nine
weeks ended November 3, 2007. Retail store sales were $983 million
compared to $1,084 million last year.
Related from Affiliaterevenuemonster: T-Mobile USA Reports Third Quarter 2008 Results

BioEnergy Solutions Names Renee A. Rippchen VP of Sales and Marketing
MarketWatch 

BioEnergy Solutions offers a cost-free alternative to the capital costs
farmers and other food processors face in coming years to meet new air
quality requirements and greenhouse gas standards. The company designs,
builds and maintains waste-to-gas systems on farms or at processing
facilities, then sells the renewable natural gas to power generators. The property owners benefit from a new source of revenue, sharing in the
sales of biogas and resulting emission credits, while utilities benefit
from a new source of “green”
energy. Prior to joining BioEnergy Solutions, Rippchen filled a number of roles
for Monsanto Dairy Business. Most recently, she was the national brand
manager responsible for guiding the company’s
brand strategy and marketing of its highly successful POSILAC(R)
brand, a pharmaceutical product commonly used throughout the dairy
industry to safely and efficiently increase milk production in cows. Rippchen was a Fresno-based national account representative for Monsanto
from 2004 to 2007, helping dairy farmers to more efficiently manage
their herds, increase milk production and grow their revenues. Between
1998 and 2004, Rippchen managed Monsanto sales areas in Central and
Northern California, New York and Ohio.

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