Driven by a desire to promote human dignity, Dignitas International, a Malawi-based charity that has provided medical assistance to 200,000 residents in the land-locked nation since 2004. The organisation is now turning its attention to a challenge of an entirely different kind: transaction fees. “Dignitas has to deal with high credit card and transaction fees…
Avon Products AVP announced on Friday that independent chairman Fred Hassan would be stepping down immediately in light of ” his other professional commitments” (which presently include working as a managing director and partner at private-equity firm Warburg Pincus, as well as a director at Time Warner TWX and chairman of Bausch and Lomb) ….
An event dubbed “part art exhibition, part technology convention” is set to explore the boundaries between bitcoin and the art world later this month. Artists, collectors and bitcoin enthusiasts alike will head to the Bitcoin Meets Art event at Stockholm’s Capitol concert venue on 23rd August for a fresh take on the art market. The…
We’re maintaining our fair value estimate and moat rating for Avnet AVT after it reported third-quarter results that indicate trepidation from enterprise businesses in Western markets, but continued growth in emerging markets. Avnet generated $6.3 billion of total sales, in line with seasonality and our own expectations. Pro-forma sales to higher-margin Western markets (EMEA and…
Bitcoin tipping platform ChangeTip has announced that it is expanding its service to YouTube, Tumblr and Google+. The platform already supports bitcoin micropayments on social media sites like Twitter, Reddit and StockTwits – a popular network for traders and investors. Dubbed a ‘love button for the Internet’, ChangeTip lets users gift friends and content providers…
Ametek AME delivered first-quarter earnings of $0.51 per diluted share, an 11% increase versus the first quarter of 2012. While operating margin performance was ahead of pace to meet our full-year expectation, revenue growth, including acquisitions, of 7% was a bit weaker than we anticipated. Management increased the bottom end of its full-year EPS guidance…
