The News Review:
- Management switches boost Borders stock
- Greystar acquires JPI Management Services
- Striking New Project Management Tools Released
- Customized and Transparent Money Management From Erickson Capital
- NutriSystems Partners With Costco To Sell Weight-Management Products
- Renaissance fund cuts management fees: WSJ
Management switches boost Borders stock
Detroit Free Press United States
Jones was gaining traction in a turnaround that began in early 2007 before the credit crunch hit in the fall and plunged consumer confidence to all-time lows. And lacking buyers Borders took itself off the market in November. Marshall 54 former principal of Wildridge Capital Management was named president and CE to “more aggressively drive a turnaround of the company within today’s challenging environment” the company said in a statement. David Schick a retail analyst with Stifel Nicolaus in New York said the difficult economy and Borders’ issues make Marshall’s job doubly challenging. “You are dealing with macroeconomic changes that haven’t occurred in 50 or 80 years. While I think some of the turnaround strategies may not be working I think it is an awfully big thing to throw at a new management team” Schick said. “People are frustrated.
Greystar acquires JPI Management Services
Bizjournals.com NC
us Digg This Related News. JPI Management Services is the management division of Irving-based property management firm JPI.
Striking New Project Management Tools Released
MSNBC
Aptly named the Method123. The toolset includes an entire methodology for projects.
Customized and Transparent Money Management From Erickson Capital
MSNBC
“We’re essentially offeringindividual customized hedge fund portfolios with daily liquidity andwithout onerous performance fees withdrawal restrictions or leverage”says Dean Erickson CFA founder of Erickson Capital. Investors have a choice of independent world-class custodians and onlineaccess to monitor trading in and the performance of their accounts. “Inlight of the recent Madoff debacle transparency is critical” Ericksoncontinues. “Allowing investors to know exactly how their money is investedand giving them the opportunity to get their money back whenever they wantit is only fair.
Related from Sales-monster: Transitions Made Easier
NutriSystems Partners With Costco To Sell Weight-Management Products
CNNMoney.com
‘s (NTRI) weight management program will be available atCostco Wholesale Corp. ‘s (CST) stores at a discount as a partnership with thewarehouse club expands the weight-management products provider’s offerings to awider consumer audience. Costco members who purchase the plan will receive 35 days worth of food freeshipping and a meal planner at $259. 99 for women and $284. 99 for menrepresenting a discount from the standard prices of $299 and $329 respectively.
Renaissance fund cuts management fees: WSJ
MarketWatch
The Renaissance Institutional Futures fund is waiving the 1% fixed management fee for 2009 after falling 12% in 2008 said the Journal. The 12-month fee break equals to about $30 million. In addition the fund will have to make back losses before it charges performance fees or shares the fund’s profits with its managers. Renaissance’s move may herald leaner times ahead for fund managers.