ConocoPhillips board approves split

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Is Ackman Right in investing in BKC? - Franchise Association News

We had to guess after his investigations of Wendy?s (WEN) in 2007 and McDonald?s (MCD) in 2008 that Bill Ackman would reappear in the restaurant space. He did Wednesday, with a full throated presentation as to why Burger King was right up his alley.

Investors must be hopeful and Bill was that today. In fact, we think Bill has the bug and wants to run restaurants. It gets in the blood.

Looking at the numbers and the presentation, several points are noteworthy.

?

Sales lift assumptions after remodel very optimistic: Ackman assumptions call for a 10-17% average sales unit (AUV) sales lift after the BKC remodels, based on a $250K to 300K remodel. A Burger King costs around $2 million, so this might be best characterized as a ?medium remodel? with hopefully both interior, equipment, exterior and drive thru upgrades.

?

The problem is no one in the QSR space has achieved that. MCD gets double digit SSS bumps with a scrape and rebuild, but that is not what we are talking. Jack in the Box (JACK) has done a nice job of remodeling, but reported low/minimal lifts in 2010/2011, for example. The norm is single digits. Is that 10-17% to be achieved every year?

?

BKC versus MCD: head to head competition: doable? Bill mentioned that BKC could be more nimble around ?bloated? MCD and have a restaurant wherever MCD did. He displayed a chart laying out the MCD North American AUV of $2.4M, WEN of $1.4M and BKC of $1.15 million.

?

The problem is that the US MCD AUV is even higher, at almost $2.9M, per my look at the recent 10K. ?MCD European AUVs are even higher. So there is an even greater MCD v. BKC gap, about 2.5X.

?

MCD has a six dayparts/day business while BKC just rolled out a ?catchup? new menu burst just Monday and is still working core dayparts.

?

This isn?t Ackman?s fault of course, but it is 2012, not 2002 or even 1992. The world is filling up with restaurants, and the competition isn?t standing still.

?

Flawed M&A comps: ?During the 2010 acquisition, it was conservatively estimated that there was a $2 billion or more BKC facility conditions backlog. Selling company stores and getting to a 100% royalty income stream concept is a nice idea, but how do you get there in 2012?

?

There has to be the credit or cash generated from operations for franchisees to build and remodel.

?

Bill listed reasonable comparables of Dunkin Brands (DNKN) and Tim Horton?s (THI) as justification for the 10-16X EV/EBITDA multiple he hoped to support.

?

The problem is, the Dunkin Donuts or Tim Horton?s box costs around $500K to build, not $2 million. ??

?

(Historical note:?Burger King did achieve$121M better free cash flow in 2011 v. 2010 (adjusted EBITDA-CAPEX) but also cut CAPEX $75M to partially get there.)

?

Ackman is making a lot of assumptions, but the numbers don't appear to be supporting his story.

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Article > China's colorectal cancer drug market "to be worth over ...

[unable to retrieve full-text content]The colorectal cancer drug market in China is set to grow from a value of $261 million in 2011 to $404 million in 2016, and a key factor driving this fast growth will be the increased used of targeted therapies, according to a ...

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Kate Winslet Calls Leonardo DiCaprio Fat In Interview

Kate Winslet Calls Leonardo DiCaprio Fat In Interview

Kate Winslet has previously struggled with her weight, but is happy with her appearance these days. The “Titanic” is so comfortable with her body that [...]

Kate Winslet Calls Leonardo DiCaprio Fat In Interview Stupid Celebrities Gossip Stupid Celebrities Gossip News

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Networking Skills targeting Students ? Business Network SW

This article struck a chord with me- as a recent graduate I know how important it is to brand yourself and make a good impression. Networking is an extremely useful tool for anyone who wants to develop skills?and?look for?opportunities, especially in today?s difficult job market.?

By giving students the necessary skills to successfully network, they are meeting the?decision?makers and building valuable business relationships that are important to any driven business person of any age, in any position. Once again- it?s not what you know, but WHO you know!

Read the full article here

Great networking skills can mean the difference between landing a dream job after college and graduating without an offer in sight. Your university likely does some of the networking work for you, setting up alumni meet-and-greets and other social events, but it?s still up to you to make the most of those opportunities and land some useful contacts. Here are ten tips to make the most of each networking opportunity and secure a lasting relationship with the people you meet.

1. Dress For Success

No matter how casual an event sounds, try to look your best. Your school may be setting up a quick breakfast Q & A with a successful alum, but that doesn?t mean you should show up in your sweats. They already know you go to the University of Wherever You Are, so leave that college sweatshirt at home. If it?s a fairly informal event, there?s no need to dress up in a fancy suit or your favorite interview blouse, but do throw on something presentable. Skip the jeans if possible, and make sure to iron your clothes.

2. Bring Your Resume

Always have a few copies of your resume with contact info with you when you attend networking events. You may need to kill a tree or two, but having a copy for every potential contact will prove very helpful. If nothing else, having a copy of your resume will raise the chances that these important people remember you when you contact them in the future and who knows, maybe they will hand it over to the HR department and put in a good word for you. If you know whom you?ll be meeting in advance, try to personalize your resume to match the needs of the company each person represents. This, too, will raise your chances of being remembered and hired.

3. Prepare An Elevator Speech

During busy networking events, chances are you won?t have much time to talk to each person. You need to make sure you?re packing a punch into the few moments you have with the person of interest, so think of the things you?d like to say in advance. An elevator speech is a great way to do this. Just think of your most important accomplishments and your best traits, and put together a quick one to two minute speech ? something you would say if you were on an elevator ride and were trying to introduce yourself before you reach your desired floor. Write your speech down and read it over a few times. Don?t memorize it, because you don?t want to sound too rehearsed, but make sure you know it well.

4. Ask Questions

Depending on the amount of time you have to talk to a potential contact, try to ask questions, especially open-ended ones. If you?ve had an opportunity to research the company the person represents, then ask about the company and everything in particular that interests you. If you?re not as prepared as you?d like to be, then ask more general questions, like how the person became interested in the profession that they?re in, what their biggest challenge was, and their favorite aspect of the work that they do. This shows that you?re interested and can carry a conversation.

5. Don?t Be Desperate

Whether you?re a freshman going to your very first networking event or a senior anxiously looking for a first job, don?t show signs of weakness. Successful alumni are like wolves ? they can smell fear ??so make sure you?re confident. If you know what you?re worth, they?ll know it too, so shake hands firmly, and try to keep eye contact at all times. Don?t tell them that working at their company would be your absolute dream come true, but do let them know that working with them would definitely interest you.

6. Thank Them, and Use Their Name

As your conversation winds down, make sure you thank these people for their time, and use their name when you do so. Numerous studies show that people love hearing their own name ? let?s face it, we?re all narcissists at heart ? and they?ll be happy to know that you actually remembered it. With that said, don?t use their name unless you definitely remember it!

7. Follow Up

Assuming you have contact info, which you most definitely should have gotten, e-mail your new network of people and thank them again. Let them know it was great to meet them and that you look forward to keeping in touch. If you?re feeling really bold, ask them to contact you if any career opportunities or internships open up.

8. Organize Your Contacts

After each event, add the names of people you?ve met along with their contact info into a Word document or Excel spreadsheet. As you attend more and more events, your list will grow, and by the time you need to search for a job or an internship, you?ll have a list of people to contact handy. Believe me, it will save you endless hours of searching through old folders and papers. If you find yourself with a pocketful of business cards at the end of the day, put them in a safe place as well. Invest in a business card holder or just use a Ziploc bag, but keep them together and organized. This will make your job or internship search much quicker and much less overwhelming.

9. Use Social Networks Carefully

Social networks really are the new frontier for all kinds of interactions, but make sure you?re using the appropriate tools for appropriate relationships. Finding professional contacts on LinkedIn is a great idea, but avoid friending them on Facebook. Facebook is still, for now, more personal-friend oriented, and friending a person you just met on Facebook might send the wrong idea. Twitter is really a judgement call. Some people use it for more professional purposes while others just use it as a personal account. Either way, be careful when you reach out via socially oriented websites.

10. Keep Following Up

When it?s time to land that job or internship, don?t hesitate to contact all the people you?ve met at networking events. It?s best to check in with all your contacts from time to time, even if you aren?t looking for a job at the moment, just to keep yourself fresh in their minds. But, even if it has been a while, reach out to them. Remind them who you are and where you met, and don?t be too apologetic for not contacting them in the past. They know they are a professional contact and don?t expect a weekly check-in.

Remember: Be brave when talking to your contacts, no matter how ?high-up? they are. And always be yourself. Happy Networking!

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Cornish PR agency Barefoot Media wins food and drink contract ...

9:17 am, April 4, 2012

Cornish public relations agency Barefoot Media continues to expand after landing a new client and welcoming a new staff member.

The Barefoot Media team, with new recruit Kate Ardron (far left)

Just days after new recruit Kate Ardron joined the St Wenn-based firm, the agency won the pitch for the PR and marketing of the 2012 Cornwall Food & Drink Festival.

Specialising in food and drink, tourism and events, the agency is looking forward to working on the festival which takes place from September 28-30 and celebrates Cornwall?s best food and drink producers.

Managing partner Jim Michell said: ?Kate?s arrival has strengthened our team?s food and drink credentials and she has helped us get off to a great start with a successful pitch win to work on the Cornwall Food & Drink Festival.

?We are really looking forward to working on the event; Cornwall?s food scene is absolutely buzzing at the moment and what?s most encouraging to see is that the quality of the produce and the skills in the local community are defining what makes us different.?

The team?s newest recruit, Kate Ardron, has joined Barefoot Media from her previous role as PA to the executive team at The Seafood Restaurant, bringing her expertise in food and drink and events.

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Working Nature Of Certified Nursing Assistants - 1st about psychology.

There are lots of people thinking about joining the medical profession through the program of caring for individuals in a personal way. Deciding to become a CNA is a choice that will impact many people. Trained nursing assistants possess the chance to work in lots of settings and with a number of people. Generally, the decision to become a CNA comes from a desire to assist individuals inside a very physical and practical sense. While some CNAs will make a choice to work in potentially quick tempo environments such as nursing homes and hospitals, others will prefer a one on one in house slower paced work experience.

Job Description
? Provides direct patient care such as bathing, toileting, grooming, dressing and personal cleanliness.
? Assist patients who are not able to feed themselves.
? Check and record vital signs (blood pressure level, temperature, pulse, respiration rate and pain scale).
? Prepare and make beds for patients.
? Turn and assist patients to move in bed to stop complications.
? Assist patient in standing, transfer and walking.
? Record liquid intake and output as ordered.
? Monitor and report how a patient responds to a care being given.
? Answers call for help.
? Assist in emptying bedpans, urinals and change soiled linens.

Role of CNA
The nursing assistants can work in wide variety of settings. The nursing assistant should be prepared to work with the patient of any age, gender or ethnity. They look after the patient?s fundamental requirements and help them with duties such as feeding, grooming, taking bath and assistance while using restrooms. They have to work side by side with other medical experts such as doctors and registered nurses. As a CNA you should usually be ready to assist the patients because they cannot perform these duties by themselves due to physical weakness.

Even though, there are specific timings for a nursing assistant that are called job hours, but in a few emergency cases they might be called any time. Due to their association with the medical units and the patients, CNAs need to help in over all responsibilities. In case, you?re working like a private caretaker, you might be asked to remain in the service quarter of the house only so that you may be accessible at any time. Overall, this is a honorable job which needs commitment and care for the patients.

Prior to enrolling for any education program you should be absolutely certain that CNA profession is exactly what you are looking for. Check out this free CNA training website to discover more info about online CNA certification programs.

Please, add a bookmark ;-)

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