Monday, May 13, 2013
Wednesday, May 1, 2013
Phillips 66 announced this week that the company's earnings for the first fiscal quarter have more than doubled this year amid the persistently low prices of U.S. shale oil and natural gas.
The company's first quarter earnings jumped from $636 million last year to $1.4 billion this year, according to the report. Phillips 66 Chairman and CEO Greg Garland said this strong growth resulted from favorable refining and chemical margins.
"We also are investing in the continued growth of our business. Our plans for a new natural gas liquids fractionator on the Gulf Coast reinforce our commitment to the American energy landscape and highlight our unique opportunities across the downstream value chain," Garland said.
The company has stakes in 15 refineries. It also operates other businesses including Chevron Phillips and DCP Midstream.
Phillips 66 is one of the companies that support and implement workplace diversity initiatives. As a member of DiversityWorking, Phillips 66 ensures that its employees in all its facilities enjoy equal benefits and privileges in the workplace. Find out more about what Phillips 66 is doing to tout workplace diversity and inclusion by clicking through this link.
Monday, April 29, 2013
Deal broker Brad Saville, who is the president of landmark Commercial Real Estate, said Hobby Lobby’s addition to the roster of shops and retailers in Regency Lakes will contribute greatly to the shopping center’s marketability.
“I just think that’s going to help the other businesses in the area increase traffic to the shopping center,” Saville said.
Currently, Hobby Lobby has a total of 525 facilities across the country, providing more than 65,000 home décor products and craft supplies to home and property owners in the U.S.
As a member of DiversityWorking, Hobby Lobby touts workplace diversity and inclusion in all its facilities. All over the world, companies that promote diversity have the best chances of increasing their bottomline and improving their efficiency, thus resulting in bigger profits and happier employees.
If you’re interested to learn more about diversity, you may visit diversityworking.com and see what Hobby Lobby is doing to promote workplace diversity.
Friday, April 26, 2013
Gun and outdoor gear retailer Cabela’s has reported a significant increase in its net profit during the first fiscal quarter amid the ongoing debate about gun control in the U.S.
According to the company, its total earning jumped by 29% to $802.5 million. The company also registered a 24% increase in same-store sales. Additionally, Cabela’s online and catalog sales jumped to $225.2 million, registering an increase of 18%.
All in all, the company said its total net income for the first fiscal quarter jumped from $28.8 million last year to $49.8 million this year, registering a total increase 73%.
The stores will go online on Aug. 15.
“The opening of Cabela’s Denver corporate extension is a sign of our tremendous strong recent growth and commitment to expanding our digital platform initiatives,” said Cabela’s Chief Marketing Officer Scott Williams.
As a member of DiversityWorking, Cabela’s is committed to promoting workplace diversity and inclusion in all of its facilities across the U.S. if you want to learn more about the company’s diversity initiatives, visit diversityworking.com.
Thursday, April 25, 2013