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Expanded representation in Canada, the United Kingdom, Ireland and Australia—and continued support of Visit California, TravelNevada and the Reno-Tahoe International Airport—compliments strategic market research and media strategies to increase tourism in 2018-19.
NORTH LAKE TAHOE, Calif. / Nev. (PRWEB) November 07, 2018
FOR IMMEDIATE RELEASE
Jessica Pauletto, Account Manager
North Lake Tahoe continues to expand its global resonance by investing in key international markets, partnering with statewide tourism entities, the Regional Air Service Corporation (RASC) and major ski resorts and hotel properties to increase tourism in 2018-19.
In the 2017-18 fiscal year, North Lake Tahoe’s paid marketing campaign influenced $154 million in incremental visitor spending for a return on investment of $182 for every $1 spent on paid media. Earned media garnered 37.3 million impressions, with an increase of $6.78 million in dollar impact. Internationally, the region saw a 19.7 percent increase in visitor spending from 2016 to 2017.
“It’s important to keep a pulse on the quickly expanding markets in 2019, and capitalize on our tourism messages nationally and internationally,” said Andy Chapman, president and CEO of the Incline Village Crystal Bay Visitors Bureau. “Every year, the demographics of our travelers change, which shows that we’re gaining momentum from coast to coast and overseas.”
North Lake Tahoe completed a SMARI study (Strategic Marketing and Research Insights), conducting 1,424 surveys in the markets of Los Angeles, New York, Austin, San Francisco and Sacramento to better understand psychographic travel trends and visitor spending in the region. The activities and attractions that ranked highest among travelers include North Lake Tahoe’s accessibility, family programs, hiking, dining and value. North Lake Tahoe is considered a year-round destination for its “superior product in both winter and summer,” compared to competitive destinations which are known primarily as either a warm weather or cold weather destination.
“The SMARI research allows us to better understand the behaviors of our travelers, and how to sculpt paid and earned media strategies in the future,” said Daphne Lange, director of tourism for the North Lake Tahoe Resort Association.
The North Lake Tahoe Marketing Cooperative, established in 2006, is a joint initiative funded by the North Lake Tahoe Resort Association (Placer County, Calif.) and the Incline Village Crystal Bay Visitors Bureau (Washoe County, Nev.). It is designed to promote the entire North Lake Tahoe region as a single travel destination, from Tahoma on the West Shore to Sand Harbor on the East Shore.
The marketing coop works closely with Visit California, which has representation in 14 countries; and Travel Nevada, which has representation in eight countries, to disseminate content and news, and to assist with domestic and international media tours to North Lake Tahoe.
North Lake Tahoe signed a new contract with Development Counsellors International (DCI) in Canada, to support travel trade between countries. DCI works with tour operators, wholesalers, conference organizers, event management companies and travel agents to educate and encourage tourism to the destination. North Lake Tahoe also renewed contracts with Black Diamond, an international agency that promotes travel trade from the United Kingdom and Ireland; and Gate 7, which supports trade and public relations from Australia.
“The UK, Canada, Ireland and Australia are our fastest growing international markets to the US, and we want to shape traveler perspective before they arrive,” said Lange. “We’ve recognized travelers in these markets as having similar interests to the culture of North Lake Tahoe, enjoying outdoor recreation, wellness and natural beauty.”
Other emerging international markets include China and India, in which North Lake Tahoe continues to spread awareness of the region by working with key journalists in these markets. According to Trekk Soft, Indian travelers spent $15.9 billion on outbound travel in 2015, which is predicted to hit $40.7 billion by 2025. Similarly, the number of Chinese outbound travelers is predicted to grow by 8.4 percent from 2017 to 2022, when it will reach 128 million outbound trips.
North Lake Tahoe’s continued involvement with RASC encourages the strategic growth of new air service routes and airlines to the Reno-Tahoe International Airport.
“Our ongoing commitment to securing new flights is vital to North Lake Tahoe’s global tourism initiative,” said Cindy Gustafson, CEO and executive director of the North Lake Tahoe Resort Association. “The airport works tirelessly to make the region more accessible.”
Last year, the Reno-Tahoe International Airport launched a nonstop flight to Denver via Frontier Airlines; and a nonstop to San Jose via Southwest Airlines, contributing to 4 million total passengers in 2017 and a 9.6 increase compared to 2016. This year, the airport launched a nonstop flight to Austin via Frontier Airlines, totaling 24 nonstop flight destinations.
“Tourism is a joint initiative between interested entities in the area,” said Chapman. “If we can prove the domestic and international interest in North Lake Tahoe, we’re more likely to add new air services.”
North Lake Tahoe’s major ski resorts and lodging partners—including Northstar California, Squaw Valley | Alpine Meadows, Hyatt Regency, Ritz-Carlton Lake Tahoe and Resort at Squaw Creek— leverage the marketing support of outside agencies to increase tourism year over year. North Lake Tahoe helps fund media tours and regional events, such as WinterWonderGrass and the Wanderlust Festival, to these destinations to increase the diversity of travelers, year-round.
“We are appreciative of the collaborative and research-driven work by the North Lake Tahoe Resort Association and the Incline Village Crystal Bay Visitors Bureau in marketing our region holistically,” said Christy Beck, general manager at The Village at Squaw Valley. “It is critical that we are aligned and working towards the same goals on tourism and community.”
About North Lake Tahoe
Lake Tahoe is a crown jewel of the Sierra. Formed approximately two million years ago, it is the largest alpine lake in North America and the second deepest in the United States. North Lake Tahoe spans two states and boasts two dozen beaches, twelve ski resorts, hundreds of miles of biking trails, half a dozen communities, and a growing number of nationally recognized human-powered events, races and festivals. North Lake Tahoe is a 45-minute drive from the Reno Tahoe International Airport, two hours from Sacramento International Airport and just over three hours from San Francisco International Airport. Visitor information centers are located at 100 North Lake Boulevard in Tahoe City and 969 Tahoe Boulevard in Incline Village. For more information, visit: gotahoenorth.com.
About SMARI Insights
SMARI Insights provides individualized consultation grounded in a fully integrated marketing research service that yields actionable results – every time. Innovation and creativity are essential ingredients in developing and maintaining relevant and actionable research programs in a changing environment. As a small, full-service research consulting firm, in continually chooses techniques that work the best for the situation, considering effectiveness, accuracy in representation, limitations, value and applicability for each client.
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New York students will create apps and games at CodeDay on November 10.
NEW YORK (PRWEB) November 08, 2018
CodeDay, the global 24-hour coding celebration, is returning to Manhattan this November 10-11, 2018 thanks to a partnership with EPAM, a leading global provider of digital platform engineering and software development services.
Taking place simultaneously in 25 cities globally, CodeDay brings together middle and high school students to create fun games over a weekend. Unlike normal classes, CodeDay students do not have set goals for the 24-hour period, but instead are encouraged to express ideas and form groups based on common interests. The mostly-beginner programmers then spend the weekend brainstorming, designing, and programming their games. At the end, students present what they made.
CodeDay is put on by SRND, a Seattle-based nonprofit with a mission to inspire students to learn to code. SRND's CodeDay initiative has been growing since it started in 2012, and currently attracts nearly 10,000 students a year. This is the first time CodeDay has been held in New York City since 2015.
“EPAM is proud to join our partners, like HERE Technologies, SAP and Splunk, in supporting CodeDay, which helps students develop problem-solving skills and strengthen creative thinking,” said Larry Solomon, Chief People Officer, EPAM. “We’re excited to share our passion for technology with these young people.”
"We're thrilled to offer New York's students a new opportunity to see how fun and creative coding can be," echoed Tyler Menezes, Executive Director of SRND.
CodeDay is being held on November 10-11 at Flatiron School in the Financial District. Students who would like to participate can register at CodeDay.org.
About EPAM: Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency. Through its ‘Engineering DNA’ and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver next-gen solutions that turn complex business challenges into real business outcomes. EPAM’s global teams serve customers in over 25 countries across North America, Europe, Asia and Australia. EPAM is a recognized market leader in multiple categories among top global independent research agencies, and was one of only four technology companies to appear on each of the Forbes 25 Fastest Growing Public Tech Companies lists between 2013 and 2017. Learn more at http://www.epam.com/ and follow us on Twitter @EPAMSYSTEMS and LinkedIn.
About SRND: Since 2009, SRND has developed and grown worldwide initiatives to motivate students to pursue Computer Science. Its largest program, CodeDay, has reached more than 35,000 students. SRND, a non-profit, is headquartered in Seattle, Wash. and runs programs in 50 cities across the US and Canada. Reported by PRWeb 4 hours ago.
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On November 8th, 2018, two new Italian Wine Experts and seven new Italian Wine Ambassadors officially joined the Vinitaly International Academy (VIA) community of dedicated wine professionals worldwide. These new Ambassadors and Experts successfully completed the re-formatted, tasting-intensive VIA Italian Wine Ambassador certification course held in Hong Kong in the lead up to the International Wine and Spirits Fair.
HONG KONG (PRWEB) November 08, 2018
The overall count for VIA-certified Italian Wine Experts and Ambassadors after the Hong Kong course has now reached 171 professionals, of which 13 are Experts and 158 are Ambassadors. The VIA Expert title is the highest certification of proficiency in Italian wine awarded by VIA. In Hong Kong, two new professionals received this prestigious title:· Francesco Marchio, Managing Director at Vinoveritas Asia in Hong Kong;
· Gill Gordon-Smith, Wine Educator and Owner of Fall From Grace Winery in Aldinga, South Australia.
VIA Italian Wine Ambassadors certified in Hong Kong include:· Alice Wong, Co-founder and Wine Coach at Vinetude Asia in Hong Kong;
· Anson Wan, Sales Manager at ASC Fine Wines HK Trading Corporation Limited in Hong Kong;
· Phyllis Chan Wai Yin, Senior Executive Officer at the Constitutional & Mainland Affairs Bureau in Hong Kong;
· Vincent Yuen MS, Freelance Wine Columnist at Winenow in Hong Kong;
· Sebastian Wöll, Main Educator at Wine Family Education & Consulting based in Hangzhou, China;
· Giulia Mengoni, Sommelier at The Crafers Hotel in Crafters, South Australia;
· Luca D’Andrea, Export Manager at the Corvezzo Winery in Italy.
VIA Founder Stevie Kim proclaimed the new Ambassadors and Experts during the traditional pinning ceremony held in the Vinitaly Hong Kong pavilion at the International Wine and Spirits Fair in the presence of Veronafiere’s President Maurizio Danese and CEO Giovanni Mantovani, and VIA Faculty Sarah Heller MW and Henry Davar. Kim comments on the innovative aspects and educational objectives of the revisited Ambassador course: “This was our 10th edition and it was a bit tricky as we were implementing a newly-formatted Ambassador course, which was characterized by key elements of innovation aimed at strengthening the candidates’ knowledge of Italy’s distinctiveness in viticulture and winemaking and enhancing the candidates’ tasting skills. I am pleased with how it went and confident that VIA is on the right track to educate wine professionals abroad to the complexity and quality of Italian wine in an effective and thorough way.”
The 29 candidates, who sat the four-day educational program in Hong Kong, immersed themselves in the Italian wine culture through lectures on grape varieties and the wines’ territories as well as close examinations on themes which are central to appreciating the Italian wine-making tradition at an international level (e.g. the Nebbiolo and Sangiovese iconic grapes, Italy’s tradition of sparkling wines). VIA Faculty member Henry Davar, who co-devised and co-taught the course in Hong Kong with Sarah Heller MW, commented on how the Ambassador course fulfils VIA’s core objective: “Over the course of four days, it became clear that the VIA class of Hong Kong 2018, first individually, and eventually collectively as a group, had begun to fully understand and embrace the mission statement of VIA and the true nature of the ambassadorship. Having gained a stronger grasp of the Italian cultural heritage and viticultural landscape, they started to recognize in themselves the potential of championing the diversity and uniqueness of Italian wine.”
The enhanced tasting component of the course included tastings led by the VIA Faculty and additional self-guided Tasting Labs. In total, VIA Ambassador candidates tasted 85 labels of Italian wine coming from the 20 regions of Italy. The addition of the new Tasting Labs was particularly welcomed by these professionals; in Hong Kong, these Labs featured wines coming from Abruzzo and Alto-Adige.
Another key element of innovation was the group video project where candidates presented a video exploring the evolution of the Valpolicella blend. This new component to the course has been designed to strengthen the candidates’ communication skills and facilitate community-building. VIA Faculty member Sarah Heller MW comments on the reaction of the VIA class in Hong Kong to the new format: “I’ve been immensely impressed by the enthusiasm of our students, some of whom have traveled from as far away as the US and Mexico as well as all over Asia to take part in this first new edition. They’re highly engaged and really seem to be embracing the new, more structured format based on the insightful, informed questions we’ve been fielding all week. Also, the group video project seems to have accelerated the community-building that is another key pillar of this project.”
New VIA Italian Wine Ambassador certification courses will run in 2019 in Verona, Italy, in the lead-up to Vinitaly from March 29th to April 2nd (registrations are open) as well as in a number of locations in the United States and Asia soon to be announced. Reported by PRWeb 3 hours ago.
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Eliminate Cancer Initiative, National Brain Tumor Society, and Pediatric Brain Tumor Foundation applaud National Cancer Institute funding for adult and pediatric tumor sequencing projects
Bethesda, MD, Nov. 08, 2018 (GLOBE NEWSWIRE) -- This week, the National Cancer Institute (NCI), the U.S. government's principal agency for cancer research, announced funding for new adult and pediatric brain cancer research projects. The funding, totaling $4 million, was driven by the leadership of the NCI and concerted advocacy efforts of the U.S. brain tumor community, led by the Eliminate Cancer Initiative (ECI), the National Brain Tumor Society (NBTS), and the Pediatric Brain Tumor Foundation (PBTF).
The funding stems from recommendations made by a diverse group of stakeholders, including researchers and patients, who participated in the inaugural U.S. Brain Cancer Mission Roundtable meeting in May 2018.
“The Eliminate Cancer Initiative has been championing collaborative initiatives focused on cancer prevention, as well as the discovery and development of innovative cancer treatments. Since its inception in 2017, ECI is proud to have supported Brain Cancer Missions in the US, UK, Australia and China,” said Karen Smith, ECI’s CEO. “This generous funding kicks off our efforts in the US to bring relevant groups together with an unwavering focus on defying the odds and making cancer a treatable, non-fatal disease for the next generation.”
The two community-driven projects that received the combined $4 million in NCI funding – with each receiving $1 million per year for two years – are:
· *GBM CARE* (Cellular Analysis of Resistance and Evolution) – This project will use single-cell sequencing analysis to provide in-depth understanding of the genomic, epigenomic, and immunological characteristics of individual adult glioblastoma tumors. This information, combined with clinical data sets from across a large consortium of U.S. research institutions, will provide unprecedented insights into the biology of GBM and reveal new potential treatment targets.
· *Project HOPE* (High-Grade Glioma-Omics in Pediatric and AYA) – This project will also use single-cell sequencing approaches designed to capture critical information on tumor cell types and the tumor microenvironment that are missed by traditional sequencing techniques. This information will generate new discoveries about tumor growth and progression and will ultimately inform the development of more effective treatments for pediatric and young adult patients.
Both efforts will be managed out of nine cancer centers throughout the U.S. that will share technical infrastructure and resources. Critically, these institutions will, in turn, engage in data sharing and multi-institutional teamwork across multiple other research centers in the U.S. to drive new discoveries for brain tumor patients.
“GBM Care and Project Hope are positioned to confront the complexity and treatment resistance challenges brain tumors present, which is necessary to improve the survival rates of glioblastoma and pediatric brain tumor patients.” said David Arons, Chief Executive Officer, National Brain Tumor Society. “In light of the recent Annual Report to the Nation on the Status of Cancer, the NCI clearly recognizes that the current status quo in glioblastoma and pediatric brain tumors is unacceptable, and that new efforts such as these are vital to finding better treatments. We thank the NCI for responding to the concerns of patient advocates and the U.S. Brain Cancer Roundtable recommendations that called for using state-of-the-art sequencing approaches.
Malignant brain tumors, commonly referred to simply as “brain cancer,” intersect three challenging disease areas – cancer, neurological disease, and rare disease. Malignant brain tumors can be devastating diseases because they are both a threat to life and sense of self. The five- and ten-year survival rates for all brain tumors are 33% and 13.5%. In adult glioblastoma (GBM), there is a much shorter five-year relative survival rate of 4.7%. In pediatrics, brain tumors are now the leading cause of cancer death in children and adolescents (ages 0-19), and sadly, those with high-grade gliomas, including diffuse intrinsic pontine glioma (DIPG), have the worst median survival at less than 14 months. There is currently no universally accepted standard of care for DIPG.
“Collaborating to fund and advocate for brain tumor research is the only way we will truly defeat this devastating disease,” said Dr. Joanne Salcido, Vice President of Research and Advocacy, Pediatric Brain Tumor Foundation. “The clinically relevant analyses at the single-cell level of Project HOPE parallel the brain tumor community’s end goals for precision medicine at the individual patient level. The results of this groundbreaking endeavor will set up the research community as a whole for greater and more rapid success in translating discoveries into curative treatment options for children and adolescents with brain tumors.”
Participating in the GBM CARE project will be researchers from Columbia University; Dana-Farber Cancer Institute; Duke Cancer Institute; Fred Hutchison Cancer Research Center; The Jackson Laboratory; Mayo Clinic; Massachusetts General Hospital; MD Anderson Cancer Center; Memorial Sloan Kettering Cancer Center; Northwestern University; University of Alabama, Birmingham; University of California, Los Angeles; University of California, San Diego; and the University of California, San Francisco.
The Project HOPE project will include investigators from Children's Hospital of Philadelphia; Children's Hospital of Pittsburgh; Children's National Health System; Children’s Hospital Los Angeles; Cincinnati Children's Hospital Medical Center; Dana-Farber/Boston Children’s Hospital; Emory University School of Medicine and Children's Healthcare of Atlanta; The Jackson Laboratory; Johns Hopkins Hospital and Sidney Kimmel Comprehensive Cancer Center; Lurie Children's Hospital of Chicago; Memorial Sloan Kettering Cancer Center and Weill Cornell Medical Center; Seattle Children's Hospital; Stanford University; Texas Children's Hospital; University of California, San Diego and Rady Children’s Hospital; and the University of California, San Francisco.
*About Eliminate Cancer Initiative*
In May 2017, Australia’s leading philanthropists, Andrew and Nicola Forrest donated $75 million to be applied as seed capital to the Eliminate Cancer Initiative (ECI), an organization that will encourage the global cancer research community to coordinate and collaborate on research to find novel therapies and cures to cancer. ECI’s mission is to make cancer non-fatal so that eventually it has minimal impact on life or life style for the next generation. ECI’s flagship projects include tobacco prevention, innovative clinical trials, and the Universal Cancer Databank. ECI wants to (i) eliminate suffering by putting patients and families first, (ii) eliminate silos by developing a sincere culture of collaboration, (iii) eliminate competition by crossing traditional boundaries, and (iv) eliminate fear and skepticism by building trust. Visit www.eliminatecancer.org to learn more.
*About National Brain Tumor Society*
National Brain Tumor Society (NBTS) is the largest nonprofit organization in the U.S. dedicated to the brain tumor community. We are fiercely committed to finding better treatments and driving rapid progress toward a cure for brain tumors. We drive a multi-faceted and thoughtful approach to aggressively influence and fund strategic research, as well as advocate for public policy changes, in order to achieve the greatest impact, results, and progress for brain tumor patients. Money raised by the generous gifts from our supporters have funded groundbreaking discoveries, programs, clinical trials, and policy initiatives. Visit www.braintumor.org to learn more.
*About Pediatric Brain Tumor Foundation*
As the world's leading nonprofit dedicated to children and teens with brain tumors, the Pediatric Brain Tumor Foundation’s mission is to care for families along their journey, cure all childhood brain tumors, and help survivors and families thrive. Since 1991, we have funded more than $30 million in scientific discovery to increase survivorship, improve quality of life, and ultimately eliminate pediatric brain tumors. We also provide emotional, informational, and logistical support to help families navigate their journey, including the Starfolio Resource Notebook for the newly diagnosed, emergency financial assistance Butterfly Fund, and award-winning Imaginary Friend Society. Our signature Ride for Kids, Starry Night, and Vs. Cancer events rally supporters across the country, and regional chapters provide critical on-the-ground support to families. Visit www.curethekids.org/mission to learn more.
CONTACT: Media Contacts:
National Brain Tumor Society
Eliminate Cancer Initiative
Pediatric Brain Tumor Foundation
email@example.com Reported by GlobeNewswire 2 hours ago.
In a challenging year for technology organizations, corporate responsibility in products and services is the biggest driver for stakeholder support
Boston, MA, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Reputation Institute (RI), the world’s leading provider of reputation intelligence, today announced the 2018 US Technology RepTrak® rankings. NVIDIA attained the top position with the best reputation overall and is the only company with an excellent score. Samsung closely followed with its strong reputation driven by transparent communications and popular support for its products and services; Garmin came in the third spot.
The top 10 most reputable technology companies in the US for 2018 are:
1. NVIDIA [NASDAQ: NVDA]
2. Samsung [OTCMKTS: SSNLF]
3. Garmin [NASDAQ: GRMN]
4. Hewlett Packard Enterprise [NYSE: HPE]
5. Intel [NASDAQ: INTC]
6. Google [NASDAQ: GOOGL]
7. Texas Instruments [NASDAQ: TXN]
8. Adobe [NASDAQ: ADBE]
9. Salesforce.com [NYSE: CRM]
10. Hewlett-Packard [NYSE: HPQ]
The largest corporate reputation study of its kind, the US Technology RepTrak research is based on a survey that captured more 23,000 individual ratings from among the informed General Public in the US and is based on an assessment of over 60 nominated companies. Organizations in the study focus on the development and production of technology as well as services that incorporate technology, including pure technology companies, information platforms, and telecommunications firms. The survey quantifies the emotional bond stakeholders have with leading companies, and how these connections drive supportive behaviors such as intent to purchase, trust, work for, or invest in the company.
While the top companies successfully managing their reputations receive the benefits of broad stakeholder support, 2018 has been a very challenging year for many technology businesses, including issues of data breaches, election meddling, fake news, political polarization, Congressional hearings, and stock price declines in the sector. As a result, technology companies are generally less likely to be trusted now with only 30.9% of respondents willing to offer the benefit of the doubt. Only 32.6% of respondents believe tech firms welcome open discussions about business activities, and only 21.5% believe the businesses provide sufficient information about their activities.
Some of the organizations facing challenges in the tech sector include Apple and Facebook. In the 2018 results, Apple’s reputation dropped 11.4 points driven by its decline in the categories of Leadership (-9.6 points) and Governance (-16.0 points) based on controversies about tax sheltering and battery tampering. Facebook’s reputation dropped 5.8 points due to security breaches and Congressional hearings.
“In order to regain stakeholder support, technology companies need to practice corporate responsibility in products and services,” said Brad Hecht, Executive Vice President and Market Leader of Americas at Reputation Institute. “High quality products, fair and ethical behavior, and a positive influence on society are key drivers for technology companies in the US. It is critical for tech companies to be responsible as enterprises and through their products, while also being ahead of the curve in the market.”
Study results indicate that leveraging leadership can be a successful strategy for reputation management and improving stakeholder support. Companies that can clearly demonstrate that their CEOs have a positive impact on society, and companies with a heritage of iconic leaders, should put their leaders in the forefront. CEO reputation accounts for 16% of corporate reputation in the US – one of the highest globally – exceeding the 14% demonstrated in global studies.
“There is a significant opportunity for many firms to earn back trust through communication,” said Ana Angelovska, Research Director at Reputation Institute. “With over 50% of the public on the fence when it comes to trusting them, technology companies must communicate through genuine and open dialogue to establish trust among stakeholders.”
For more information, view the 2018 Global Millennial RepTrak webinar and download the report and full rankings: https://ri.reputationinstitute.com/2018-us-technology-reptrak
*Learn More and Know Your Reputation Score *
Annually, RI measures the reputation of thousands of companies using the RepTrak framework, including measures of the most highly regarded multinational companies in 15 countries including Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, South Korea, Spain, the United Kingdom and the United States.
To get your company’s 2018 score and learn how you can improve your ranking and grow your stakeholder support, just ask us at: https://www.reputationinstitute.com/about/Contact-Us*
About Reputation Institute
*Reputation Institute (RI) powers the world’s most reputable companies. We are a data-driven, reputation insights advisory firm, and provider of peer-to-peer membership services. By mining media conversations, measuring stakeholder perceptions and providing reputation management services, we unleash the potential of Reputation Intelligence to build better companies. Our proprietary RepTrak® model tracks and analyzes the reputation of companies, CEOs, cities, and countries. We are most widely known for the Forbes-published Global RT100. Learn more at: http://www.reputationinstitute.com
CONTACT: Karen Hopp
Bazini Hopp for Reputation Institute
firstname.lastname@example.org Reported by GlobeNewswire 2 hours ago.
Dominic Duffy, president and CEO of Mandalay Resources (TSX:MND, OTCQB:MNDJF) reports seeing positive signs in production at its mines and expects the Canadian miner to finish with a stronger fourth quarter and ride this “positive momentum” into 2019. Looking ahead, the company’s focus is to fast-track production from the high-grade Youle deposit at its Costerfield gold-antimony mine in Victoria, Australia. “With the operational issues of the third quarter now fundamentally behind us, Mandalay expects to finish with a stronger fourth quarter, generating positive momentum into 2019,” Duffy said in a statement. “Going forward, our primary focus is to fast-track production from the high-grade Youle deposit at Costerfield.” Duffy described Mandalay’s third-quarter as “challenging” operationally as the Canadian metals miner worked to address and correct production disruptions at its two producing mines, Costerfield and the Björkdal gold mine in Sweden. Production and sales this quarter were significantly impacted by a delay in the on-vein development of the Brunswick lode at Costerfield, caused by the need for more dewatering than anticipated. This was combined with a changeover of the underground haulage contractor at Bjorkdal which caused a haulage bottleneck of higher-grade underground ore, which created the need to process lower-grade stockpiled material. READ: Mandalay Resources to sell non-core Challacollo silver-gold project “The lower production and sales volumes for the quarter compared to previous quarters negatively impacted the Company’s financial performance and led to uncharacteristically high unit costs, which we do not expect to recur in the coming quarters,” Duffy said. But Mr Duffy is bullish on the mines’ future prospects as the company has begun development on the higher-grade Brunwick vein at Costerfield and is seeing higher-grade ore being processed at Bjorkdal early in the fourth-quarter. “We are … pleased to say that we have now begun development on the higher-grade Brunswick vein at Costerfield, and we are seeing higher-grade ore being processed at Björkdal early in the fourth quarter, as the underground haulage rates continue to increase at the mine,” Duffy said. READ: Mandalay Resources' Youle vein at Costerfield set to provide potential reserve boost During the third quarter, Mandalay reported some positive news regarding its non-core assets. First, the company signed a non-binding letter of intent with Aftermath Silver Limited to sell its Challacollo silver-gold project in Chile in exchange for total consideration of C$11.6 million. And secondly, the company also received C$5.3 million via a release of funds which had been posted by Mandalay as a security for its reclamation obligations related to the Lupin mine. Last July, Mandalay filed its final closure and reclamation plan for the Lupin mine, which is set to be approved about 12 months from its submission. In the third quarter, Mandalay reported quarterly revenue of $21.8 million, down from $35.4 million in the year-ago quarter. Its consolidated net loss came to $7.47 million. Its Björkdal gold mine produced 8,504 ounces of gold in the third quarter while Costerfield produced 8,370 gold equivalent ounces. Due to the Brunswick production delay at Costerfield and the haulage bottlenecks at Björkdal, the company has revised its 2018 guidance. The company now expects saleable gold produced of 66-71koz, up from 83-93 koz. It also expects saleable gold equivalent produced to fall to 79-86koz, up from 101-113koz. Mandalay slipped 6.67% to C$0.070 in Thursday’s afternoon-trading session. Contact Ellen Kelleher at email@example.com
Reported by Proactive Investors 2 hours ago.
Australia head coach Michael Cheika believes Israel Folau will have "plenty of chances" to showcase his counter-attacking threat against Wales on Saturday.
Reported by MailOnline 1 hour ago.
Australian spin legend Shane Warne says he would be willing to help Cricket Australia if the beleaguered governing body needed his advice.
Reported by SBS 1 hour ago.