Wednesday, July 3, 2013
Equities gain on better US jobs data
Relatively robust US jobs data lift global stocks, while the dollar stabilised after Thursday’s sharp declines against the yen and the euro
Read more from Financial Times
PRODUCTION COORDINATOR Allocator (LAX South Bay Area)
? Process production orders and follow up with the China office or factories to ensure production placement, x-factory dates and on time delivery.
? Communicate with the China office, product development/design department, allocations team and customer service on any production delays on shipments and resolve any problems.
? Review weekly order status report received from factories. Identify problems, discrepancies, delays, etc. and take action to resolve.
? Create weekly Domestic availability reports that are distributed to 150 territory managers throughout the USA.
? Review weekly product line sheets, identify any discrepancies and take action to correct.
? Produce and maintain all sizes for USA production. On a daily basis analyze in detail orders booked against production and make necessary adjustments.
? Develop and execute initial allocation and replenishment of product to all assigned stores detailed in the "Buy Plans." Manage auto replenishment within published standards and proactively make adjustments based on sales trends, seasonality factors, visual merchandising strategies, and business needs. Identify and focus on "Top 20" SKUs. Target a 90% in-stock rate on those SKUs. Develop and employ "best practices" methodologies as they are discovered.
? Transfers -- Responsible for monitoring SKU performance at the store level and recommending transfers or consolidations within published guideline
? Must be proficient in Microsoft Windows, Excel, Word, Filemaker Pro
? Good written and verbal communication skills
? Very detail oriented
? Must be highly analytical
? Must type at minimum of 45-50 WPM
? 10-key by touch
? Good problem solving skills
? Must be able to multi-task
? Must work well under pressure
? Accounting background or financial analyst is a plus
JOB QUALIFICATIONS
? 2-3 years of Allocations experience
? College degree preferred
Oil rises above $96, tracking stock market
NEW YORK — The price of oil closed above $96 Friday, after the government said the economy added 175,000 jobs last month, a good sign for fuel demand.
Benchmark oil for July delivery gained $1.27, or 1.3 percent, to finish at $96.03 a barrel. Oil ended the week with a gain of 4.4 percent.
The oil market’s initial reaction to the report from the Labor Department was negative. Oil fell as low as $93.72 a barrel. But the stock market gave the jobs numbers a thumbs-up, rising about 1 percent in early trading, and oil took off from there. At one point oil it reached $96.39.
The job growth in May was at a steady pace that showed strength in the face of tax increases and government spending cuts. But the unemployment rate rose to 7.6 percent from 7.5 percent in April. That’s because more people began looking for work, a healthy sign, but only about three-quarters found jobs.
Analysts don’t expect that the jobs growth is strong enough to convince the Federal Reserve to pull back on the economic stimulus currently in place. Those measures have been intended to ease long-term borrowing costs, and have had the effect of supporting the price of oil.
At the pump, the average price for a gallon of gas remained at $3.63. That’s 2 cents higher than a week ago, and 7 cents higher than last year at this time. In Houston Friday, the average was $3.370 a gallon, down from $3.373 Thursday.
Meanwhile, Brent crude, a benchmark for many international oil varieties, rose 95 cents to finish at $104.56 a barrel on the ICE Futures exchange in London.
In other energy futures trading on the Nymex:
— Wholesale gasoline rose 2 cents to end at $2.87 a gallon.
— Heating oil gained 2 cents to finish at $2.89 per gallon.
— Natural gas was flat at $3.83 per 1,000 cubic feet.
*GENERAL OFFICE CLERK* (Glendale, CA)
Atkinson-Baker, Inc., having made the INC 500 list twice and the INC 5000 list three times, has continued to grow each year since its inception over 20 years ago. We provide litigation support services to law firms and corporate legal departments. Please visit our website at http://www.depo.com/ for more information about our company.
Skills and Requirements:
- Must live within 20 miles of Glendale, CA,
- Office experience is a plus,
- Basic computer skills,
- Must type 40+ wpm and have excellent spelling,
- Able to work from 8:30am to 5:30pm, Monday through Friday.
Compensation:
Compensation depends on experience. Benefits include Medical, Dental, Vision, a 401K and paid parking.
To apply:
Please fill out our online job application form by going to our website at https://www.depo.com/about/application.html. Additionally, email your resume to jobs@depo.com. Please type "General Office Clerk" in the subject line of your email. Both the resume and application form are needed. Posting ID: 3629777860
NRG Plans $400M IPO for unit to own, operate power assets
NRG Energy Inc. (NRG) said a newly created unit, formed to operate renewable and conventional power assets and pay regular dividends to shareholders, plans to raise as much as $400 million in an initial share sale.
The unit, NRG Yield Inc., would own a mix of solar, wind and gas-fired generating assets and “pay a consistent and growing cash dividend,” it said today in a filing. The company intends to list its shares for trading on the New York Stock Exchange under the symbol NYLD. The number of shares to be offered and price weren’t disclosed.
NRG, the largest independent U.S. electricity generator, is expected to retain a majority voting interest in the unit and a similar economic interest in its assets, the Princeton, New Jersey-based company said today in a statement. NRG Yield expects to be “a premier company for investors seeking stable and growing dividend income from a diversified portfolio of lower-risk high-quality assets,” it said in the filing.
Labor issues: NRG expects more layoffs from GenOn merger
NRG Yield owns three natural gas or dual-fired facilities, seven utility-scale solar power plants, one wind farm, and two portfolios of distributed solar energy systems, for a total of 1,324 megawatts of capacity. The assets sell electricity under long-term contracts with “credit-worthy counterparties,” according to the filing.
NRG Yield would use a portion of proceeds from the IPO to fund construction of its 250-megawatt California Valley Solar Ranch project that’s expected to be completed in October 2013, the company said.
Bank of America Corp., Goldman Sachs Group Inc. and Citigroup Inc. are managing the offering.
SoftBank looks beyond Sprint to T-Mobile USA
People close to the process said news of SoftBank’s interest in T-Mobile could scare Sprint shareholders into voting for the deal
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MAKE MONEY SENDING EMAILS (WINNETKA/WOODLAND HILLS)
Google and Facebook deflect data critics
Statements from the companies are notably similar, marking an attempt to deflect mounting criticism over revelations of data gathering on a vast scale
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Experienced Housekeepers Needed! Great Pay! Flexible Hours! (All LA)
We offer some of the best compensation in the industry, and as an independent provider you will have complete control over your schedule and which jobs you'd like to take.
We are looking for independent cleaning professionals who take pride in doing excellent work and in exceeding expectations. We have a number of requirements that must be met in order to ensure that all new housekeepers we register are a great fit for our agency:
- We will conduct thorough background check.
- You must be able to speak fluent English and be legally able to work in the US.
- You must have prior professional cleaning experience.
- You must be knowledgeable in various cleaning techniques and have experience using a wide range of cleaning products.
- You must have reliable transportation and your own full range of cleaning supplies.
- You must have a cellphone and access to email, as those are our primary forms of communication.
If this sounds like you, you can send an email with your work history and references to the above address, and we'd be happy to set up an initial interview and skill demonstration. Please do not call us about this position.
***DO NOT CALL ABOUT THIS POSITION. WE WILL ONLY ACCEPT EMAIL APPLICATIONS. Posting ID: 3629679782
Posted: 2013-02-19, 4:56PM PSTemail to a friendTravel hungry Brazilians eat into deficit
A decade of low unemployment and a strong currency has led to a boom in Brazilian overseas travel. For foreign cities such as New York, Brazilian tourism is an economic windfall
Read more from Financial Times