Friday, November 23, 2007

Time Warner agrees to carry National Geographic in high definition

During the last class, peers discussed about Time Warner. Time Warner Inc. (NYSE: TWX), formerly two separate companies as Warner Communications, Inc. and Time Inc. before the Time-Warner merger in 1990, is the world's largest media and entertainment conglomerate headquartered in New York City, with major operations in film, television, publishing, Internet service and telecommunications. Among its subsidiaries are AOL, Home Box Office, New Line Cinema, Time Inc., Time Warner Cable, Turner Broadcasting System, The CW, Warner Broos Entertainment, Cartoon Network, and CNN. After class, I have searched some articles about Time Warner. “Time Warner agrees to carry National Geographic in high definition” is the latest one new. Time Warner Cable San Antonio has added National Geographic HD to the company's digital line up.
I totally agree with them to add one more channel for their customers because Time Warner has lost a lot of money since 2000. They need to build up strong product and customer service; therefore they can get more market share and make more profits. This article is good for some stock holders. Stock holders can get clew from every new.
Reference:
http://www.bizjournals.com/sanantonio/stories/2007/11/19/daily31.html

Friday, November 16, 2007

Collecting Information

First of all, I believe this method is good for companies such as Google or Apple. But here, I want to give an example to explain. Professor Vragov gives us an assignment which is talking about HP’s EPS price. I have searched couple of website and some news about them. To be honest, I have no idea about which I am going to buy, because I might miss some comment or news which are very important. After all, I decided use our whole class’s search result to make my decision. I analyses the trend of exchanging. In the first day, basically it was 50 & 50. Now, there is a huge difference between green tickets and red ticket. It seems 60 & 40. Someone offers 10 green tickets for 15 red tickets. In this case, I think that I am doing information aggregation.
Based on study, I feel that there is no correct answer for information aggregation. Every answer is opposite. In my opinion, I think we can use some information to estimate the future sales or profits. However, it is not always correct. People now make the prediction but use the information gained months ago or years ago. There are considerable errors. Also, in this brutal business battlefield, lots of fake information makes you get in a trap. People do not have any tool to judge the reliability of information. For example, the information I got from our student Blackboard could be fake. Perhaps the student wants to people get in the green and he gets the red. Then he can obtain the largest benefits.
For building a system for collecting information, first of all, the system must have a search engine. System can automatically search the relevant information about key words. This system also needs a filter. Filter is very important, because there are too much fake or unvalued information on the Internet or the real word. The system can analyzes information well and truly. It will save lots of money and time for the collectors.
For building this system, we still need a very strong hardware system such as a huge storage device and huge memory system and processor, besides the hardware, software is more important. We need a stable system to running for 24 hours because we have different time zone. I recommend Linux system as the operation system. Last, we need the collecting information system which we designed in last paragraph.

United HealthCare Now Enrolling Providers for EPS

The most interesting thing I learned this week is that United Healthcare uses Electronic Payments & Statement (EPS). Since naturally a lot of people do not believe pay money through internet or other electronic system, I have searched couple of articles about this system. “United HealthCare Now Enrolling Providers for EPS” is the most interesting one. Electronic Payments and Statements (EPS) is a practical solution to provide delivery of electronic claims payments and remittance advice information. Hospitals, laboratories, physicians and other health care professionals receive and reconcile thousands of claims payments and paper. Explanation of Benefits (EOBs) each year, creating countless stacks of checks and paperwork, resulting in hours of staff time spent on manual processing and reconciliation. EPS allows for easier reconciliation, less paperwork and greater efficiency. Since United HealthCare has some problem about their claim processing, they do need a better system to improve their service to their clients. I agree about this article, because I can see they want to enhance efficiency. This article is good for suppliers and the companies who are focusing in producing EPS system.
Reference: https://www.navinetclaims.com/content.html?story=UHC-EPS.story

Saturday, November 10, 2007

Duane Reade lays plans to create a profit hub with central-fill facilities

As an international student, at the very beginning of the last class when I heard something about Duane Reade, I did not know what it was. After class, I learned that Duane Reade is the largest drug store in New York. Founded in 1960, the chain started with three stores, named after the location of the company's warehouse between Duane and Reade Streets on Broadway in lower Manhanttan. It completed its initial public offering (IPO) on February 10, 1998. It traded on the New York Stock Exchange under the ticker symbol DRD until August 2, 2004, when it was acquired by Oak Hill Capital Partners and taken private.
I have searched some articles about Duane Reade. “Duane Reade lays plans to create a profit hub with central-fill facilities” is a very meaningful one. Duane Reade has expended or initiated several programs designed to enhance the profitability of the pharmacy and to make the practice of pharmacy more satisfying to its pharmacists. The central-fill is set up so that some of the work flow for processing and filling scripts can be routed to select remote stores in an integrated system. Duane Reade hopes to have transformed other select stores, primarily low volume sores that have not reached peak capacity, into central-fill/ central-processing hubs that can handle stores in other Duance Reade markets. This system will make Duance Reade working more effective.
I think that some stock buyers and shareholders will be very interested in this article because it’s talking about the stock price.

Reference:
Link: http://findarticles.com/p/articles/mi_m3374/is_11_23/ai_77579198
Author: Liz Parks

Friday, November 2, 2007

Learn How To Maximize Profits at Online Auctions

Auction is the most interesting thing I learned from last class. Professor has mentioned there are kinds of auction style, which are English acution, Dutch auction, Sealed-bid-first-priceauction, and All-pay acution. We tried to use it to earn profit during the class time. I was thinking how to get a considerable profit when you do an auction. I search some article about this question. “Learn How To Maximize Profits at Online Auctions” is an article which introduces several steps to get profit. I totally agree with it.
I believe that selling information products on the Internet must be the easiest business in the world. Hardly any product or delivery costs and practically 100% profit on any sale. In fact you would think it is the kind of business you could not fail in, but thousands of people do. Why? Perhaps it appears so simple that people do not think there is any need to do any preparation or gain any knowledge. As someone who has been selling information online for quite a few years now let me tell you that if you take this attitude then you are wrong. The more you know about the business before you start, the fewer mistakes you will make and the more likely you are to become a successful information seller.
This article is very good for those people who are selling items in eBay or other websites. Also is good for the buyers.

Reference:
Link: http://www.auctionessentials4u.com/MaxProfit.htm