Daily News Mug

November 21, 2014
by The Mug
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Darling Ingredients: Creating Natural Ingredients from Animal By-products

Tracing its roots to its founding in 1882, Darling Ingredients has provided the world with natural ingredients that are both edible and inedible. These products are most useful in various industries and have helped in the creation of some of the items that we now enjoy.

The operations of the company are spread out in five continents which allows the business to quickly address the needs of the bio-energy, feed, pet food, food, fertilizer and pharmaceutical industries. From recycled cooking oils, the company is able to create feedstock, they have also extracted chemicals from rendered fats to be processed as additives to biofuels. The majority of the ingredients that they market are drawn from animal by-products, which are processed and undergo various stages of development.

Formerly known as Darling International, Inc., the company today holds its headquarters in Irving, Texas. The business is the only company in the industry that is publicly held and trades on the New York Stock Exchange.

November 18, 2014
by The Mug
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Cracker Barrel: An Old Country Store

Southern country is the theme that is dominant in all the combined chain of restaurants and gift stores operated by Cracker Barrel Old Country Store, Inc. The business is simply referred to as Cracker Barrel and was put up in 1969 by Dan Evins. Their first store was opened in Lebanon, Tennessee, where the company’s main office is located today.

The first few stores opened were concentrated near highway exits in the Midwestern and Southeastern region of the country. As the business expanded, it has also opened locations that are attractive to those who are interested to feel the Southern vibes of their restaurants and gift shop. As of 2012, the company operated more than 630 stores and has expanded its presence in 42 states.

These store locations feature “down-home” country cooking, a description give to the Southern comfort food, and their nifty gift shops that carry toys and other wood crafts. They are known for offering their two menus, which feature breakfast in one menu and lunch and dinner on the other. They are known for their Southern specialties, which include fried chicken, catfish and biscuits. As the business expanded, so did their menu and the company continues to serve seasonal and regional menu items.

In 1990, the company has made it to national headlines after they were reported for their discriminatory practices. The business was said to be prejudiced against those with different sexual orientation and those of race and the female gender, as a whole. This was quickly addressed by the management by creating non-discrimination policies that the business has strongly implemented until now.

Dan Evins created Cracker Barrel as a means of improving gasoline sales. Back then, the gentleman worked as a representative for Shell Oil. From this concept, he created his own venture, which eventually grew and became a multi-billion dollar company. Currently, the business is capable of generating more than $2.5 billion in annualized revenue.

November 14, 2014
by The Mug
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Chase Corporation: The Once Mighty Darling of Queen Street

One of the biggest losses in the corporate history of New Zealand is Chase Corporation. The company was once considered as the “Mighty Darling of Queen Street” in the country. The business existed in the 1980s, where it met its demise at the end of the decade.

As a property development company, the business has created numerous skyscrapers in the country. The business played a very vital role in the commercial property market in New Zealand in the 1980s. Its operations started in the 1970s and it was once branded as the corporate raider during its time. Other than developing properties in metropolitan areas in the country, they are known for picking up companies that are categorized as under-priced and either restructuring the business or asset stripping it.

Chase Corporation was considered as one of the largest companies that got listed on the stock exchange in the 1980s. Its IPO happened in 1983 and its performance was greatly affected by the share market crash in 1987 until it completely shut down its operations at the end of the year.

November 11, 2014
by The Mug
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CommScope, Inc.: Advancing the Future of Telecommunications

Telecommunications companies heavily rely on the products and services offered by CommScope, Inc., a multi-billion network infrastructure provider. The company is considered as a world premier manufacturer of infrastructure that enables and empowers some of the world’s top-performing networks.

It was in 1977 that the business got spun off from General Instruments. Its existence as a business subsidiary of the latter started the previous year and has strongly focused on the needs of the telecommunications industry. Its product portfolio includes connector panels, racking and metals, fiber optic cabling, jacks and Unshielded Twisted Pair cabling. They are also best known for manufacturing environmentally secure cabinets that are used in DSL applications and FTTN. These products are marketed in more than 100 countries around the world with a customer base that spans from wireless to the broadband markets.

The innovation and the product solutions that the company has injected into the telecommunications industry have paved the way to the creation of the first data centers, the first few intelligent buildings, the first wireless networks and cable TV infrastructure. These milestones have been made part of the long tradition of excellence of the business that continues to lead the development of telecommunication around the world.

For more than a generation, the experts in the business have helped the telecommunications industry write some of the well accepted standards in every network technology. They have led the advancement and development of coaxial, fiber optic and twisted-pair technology. The company remains at the forefront of every frontier of telecommunications update by segmenting its operations into three primary operations. Through this business strategy, they are able to focus on creating solutions needed in each niche market.

CommScope has made its initial public offering in 2013. The business today trades on the NASDAQ, under the symbol COMM. It holds its headquarters in Hickory, North Carolina and has more than 15,000 employees worldwide.

November 7, 2014
by The Mug
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Cardtronics: Providing Technology to Financial Institutions and Retail Brands

Automated consumer financial services are the expertise that Cardtonics offer to the international market. The company’s main office is located in Houston, Texas and its common stocks are publicly held on the NASDAQ.

Through the multi-functional financial services kiosk and the automated teller machines (ATMs) they operate, they are able to provide their customers cash dispensing and bank account balance inquiries. They also provide check cashing, bill payments, money transfer services and remote deposit capture services. Cardtronics is a world leader in managing self-service financial kiosks. It aims to become the world’s preferred provider of technological solutions to influential banks and retail brands. In turn, these companies are able to provide remote financial access to their consumers.

To date, the company owns about 80,600 retail ATMs in the United States, in Canada, Germany, Mexico and in the United Kingdom. Founded in 1989, the company kicked off its operations as Cardtronics Group, Inc. It changed its brand name in 2004.

November 4, 2014
by The Mug
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CallidusCloud: Transforming Sales and Marketing Strategies

In 2013, the StevieAwards for the Most Innovative Company was given to Pleasanton, California-based CallidusCloud. The award was given during the American Business Awards for their contribution in sales performance management and sales effectiveness. The company has been around since 1996 and has made a significant impact on the industry of enterprise software.

CallidusCloud is registered as a global enterprise software and SaaS company. The solutions that are offered by the company are cloud-based and are thus adding to the mobility and security of information accessed by its users. The systems and software that they market include solutions and applications that would help in quota distribution, ensure property territory, right leads, streamline sales compensation, automate quote and proposal generation and enable sales force lead. In addition to these solutions and features, their products also include content authoring, sales gamification, sales hiring and learning management. Through these services, they are able to increase revenue and sales productivity of businesses.

It was Andrew Swett and Scott Kitayama, who founded the company on September 6, 1996 as Callidus Software, Inc. Prior to the introduction of the cloud systems, the company was focused in specializing in Enterprise Incentive Management (EIM) application systems. The expansion of the company to the cloud environment is the result of its expansion and growth in product offering. This was further enhanced by the acquisitions it has made. Since 2010, the business has acquired 11 similar businesses that carry proprietary technologies.

The products and services offered by CallidusCloud are categorized into three: enterprise software, software as a service and cloud computing solutions. It continues to offer these products to businesses that are in need of transformation for their marketing and sales strategies.

It was in 2003 that the business has made its initial public offering. Today, it continues to trade publicly on the NASDAQ, under the symbol CALD.

October 31, 2014
by The Mug
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Auspex Pharmaceuticals: Putting an End to Orphan Diseases

Orphan diseases is a collective term used for those rare diseases that affect a minority. In the United States, there are about 200,000 people who are affected with these medical conditions. Headquartered in San Diego, California, Auspex Pharmaceuticals is one of the businesses that have taken on the challenge of developing and commercializing novel medications for these rare conditions.

These diseases include Tourette syndrome, tardive dyskinesia, hyperkinetic movement disorders and the Huntington’s disease. The company has product candidates to address these unmet areas of medicine. Their lead compound is named the SD-809 which is primarily developed to come up with treatment for these involuntary movements that are characterized by various neurological disorders. This product is currently in Phase 3 of clinical trial and was drawn from the Tetrabenazine, the only FDA approved drug for Huntington’s disease.

Auspex Pharmaceutical is drawing the potential of SD-809 as a basal medication for other neurological disorders. Through their expertise in deuterium chemistry, they are finding means to change the quality of life of these few patients.

October 28, 2014
by The Mug
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Berry Plastics: One of the World’s Largest Plastic Producers

There is a lot of usage of plastics. Every day, we encounter plastics in any form. These plastics could be used for storage, for packaging, for marketing purposes and for just about any purpose it may serve. As plastics threaten the world’s cleanliness and the survivability of its flora and fauna diversity, plastic manufacturers also find the means to control the alarming rate of damage it has on the environment.

Berry Plastics is one of those businesses that continuously innovate their product offerings, not just to cater to the needs of their business partners, but also to address environmental issues and its impact to the community. The company has been around since 1967 and is considered to be one of the world’s largest manufacturers of plastic packaging materials. The business started out as Imperial Plastics and through several acquisitions and mergers, became Berry Plastics, a multi-billion global venture.

The business is considered as one of the most aggressive plastic businesses out there. Since 1988, the company has acquired 30 plastic businesses across the globe. It is one of the companies that are actively in the lookout for possible takeovers. As a global business, they have 80 manufacturing plants around the world. Their annual sales are reported to be more than $5 billion. It was in March 2012 that the company has gone public. Today, the business remains publicly held on the New York Stock Exchange and trades its common stocks under the symbol BERY.

The operations of the company are divided into the different plastic types they manufacture: Engineered Materials, Rigid Open Top, Rigid Closed Top and Flexible Packaging. Among its largest clients are Coca-Cola, Pepsi-Cola, Avon, Unilever, McDonalds, Colgate-Palmolive,Kraft Foods, L’Oreal, Procter & Gamble and Starbucks, among others. Berry Plastics remain to be one of the largest suppliers of plastics to the personal care, food, retail, building supplies, dairy, promotional and industrial companies around the world.

October 24, 2014
by The Mug
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AmTrust Bank: A Subsidiary of the New York Community Bank

Considered probably as one of the most resilient financial institutions in the country, AmTrust Bank traces its history in 1889 as the Ohio Savings Bank. The company is one of the many financial institutions that have been impacted by the recession the country is experiencing.

Despite being closed down in 2009, the business got revived the following year. During the melt down of the business, all of its deposit accounts were moved to the New York Community Bank. As the latter expanded its operations in Cleveland, the business got revived. Together with its rebirth, the company’s original brand name also got revived as another subsidiary of NYCB. It now functions as a division of the New York Community Bank. The company offers construction lending, investment and insurance, mortgage, commercial and retail banking.

Starting out as a savings and loan association AmTrust Bank was once considered as one of the 20 largest mortgage lenders in the country. Together with 6 other brand names, they form the NYCB Family of Banks.

October 21, 2014
by The Mug
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Amgen: The World’s Largest Biotechnology Firm

Considered as the world’s largest biotechnology firm, Amgen is an American biopharmaceutical company headquartered in Thousand Oaks, California. The business was formerly known as Applied Molecular Genetics. The current business name is a portmanteau of the former name of the enterprise which started out in 1980. It was  three years after that the business adopted its current brand name.

The growth of the business is mainly attributed to its organic expansion and strategic acquisition. Since the time of its inception, the company has made five major corporate acquisitions. From 1994 until 2013, the business was able to acquire 15 biopharmaceutical businesses that are in line with the company’s mission of becoming the biggest firm in the world.  As of, there are several products that the company manufactures and markets. They have about 12 approved drugs that are used to treat 17 medical conditions and several other therapeutics that are on its clinical testing pipeline.

Amgen is best known for their drugs used to prevent infections of those patients who are undergoing chemotherapy. These two drugs are somehow interrelated and are marketed under the brand names Neulasta and Neupogen. They also have a medication that has been approved for rheumatoid arthritis and other autoimmune diseases. This tumor necrosis factor blocker is marketed under the name Enbrel. Amgen is also the producer and marketer of drugs like XGEVAm Aranesp, Epogen, Prolia, Sensipar/Mimpara, Vectibix and Nplate. They also have three other products that were developed by their team of experts and were later sold off and licensed to other businesses: Kineret, SteamGen and Kepivance.

The novel therapeutics that Amgen creates are marketed around the world. These products and all the services offered by the company help generate their annual income of more than $15.58 billion. The company is listed as a major component of the S&P 500, the NASDAQ 100 and the Russell 3000 Indices. It continues to be publicly held on the NASDAQ under the symbol AMGN.