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  • ( ) Daily Briefing

    The fourth-quarter gain represented a turnaround from a loss a year earlier, when results were reduced by hefty acquisition charges for Kos Pharmaceuticals Inc. For the quarter ended Dec. 31, the company's net income was 77 cents per share and compared with a loss of $476.2 million, or 31 cents per share, in the same period of 2006.

    Earnings rise 37% at ConocoPhillips

    Houston —- Record oil prices at the end of 2007 helped ConocoPhillips post a 37 percent increase in fourth-quarter profit, even as the third-largest U.S. oil company produced less crude and natural gas than a year earlier. ConocoPhillips' fourth-quarter net income rose to $4.37 billion, or $2.71 per share, compared with $3.2 billion, or $1.91 per share, during the same period a year earlier.

    Sallie Mae to curb lending policies

    Washington —- Sallie Mae, the embattled student lender, said Wednesday that it lost $1.6 billion in the fourth quarter as borrowing costs rose and it set aside $575 million to cover bad loans. More>>

  • ( ) Saturday | 26 January, 2008

    ERP and accounting software may be split between the big multinationals and the personal and small business desktop application, but one local company is scaling to both ends of the business spectrum.

    Sydney-based Happen Business was founded by Paul K Berger in 2001 as a commercial software venture that spun out of a previous computer support company.

    Berger used to run a low-level hardware repair business with about 35 engineers and the company needed a way to cope with thousands of service jobs at a time.

    The company developed Job Information Management, or JIM, for DOS which grew into a full ERP and accounting package and eventually commercialized into what is now Jim2, Happen Business' flagship product.

    Berger believes Jim2 is different to other ERP applications in that it came from the fundamental business process side which makes it "quite unique". More>>

  • ( ) MetLife and Babson College Host 2008 eBusiness Thought-Leadership ...

    Now more than ever, organizations need to understand how to leverage emerging technology to improve customer satisfaction, retention and growth. New technologies offer companies a view to gain a greater understanding of how customers perceive and use their products and services. In addition, new technologies provide the ability to capitalize on personalization trends to better align products and services with the needs of the end consumer. During the conference, speakers and panel participants discussed ways in which businesses could harness the value of emerging technologies to improve customer service and business performance. "Partnering with Babson College to host leaders from various industries during this year's eBusiness Thought-Leadership Conference was exciting and thought-provoking," said Cynthia Smith, vice president, Institutional Business, multi-channel service group at MetLife. More>>

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