Tuesday, July 22, 2003

Morning memo



Today's mover

Steve Goodroe was appointed chief executive officer of Dunnhumby USA. He will provide strategic direction and help to build the company's U.S. operations at its new Cincinnati office. Before Dunnhumby, Goodroe worked for Procter & Gamble from 1972 to 2001, serving as vice president of global customer marketing in Cincinnati; vice president of sales and customer business development for P&G's Asia division; and sales director for P&G businesses in the UK and U.S.

--Laura Baverman

Today's career talk

Anybody in a creative profession can understand what entertainer and rapper Ludacris means when he talks about changing personas and approaches to keep his music fresh. In the August edition of the magazine Vibe, the singer notes that stereotypes can help create and maintain an image: "There's nothing wrong with being stereotyped as long as you don't give them the same one each time out," he says. "If you stay the same, that's death in this business. If you stay in one place, you're in trouble."

--John Eckberg

Today's money tip

One signal that a stock might be a good buy is annual boosts to dividends. Because dividends are actual cash leaving the company, they are a better sign of the underlying health of a company and not as susceptible to accounting trickery as vague earnings statements.

--Amy Higgins

TODAY'S COMPANY: BURD BROTHERS INC.

SHIP AND STORE: Located in Batavia, this company provides shipping and warehousing services to clients in the Midwest. Its coverage area includes Ohio, Kentucky, Indiana, Illinois, Michigan, Pennsylvania, Tennessee and West Virginia.

FLEXIBILITY: Burd Brothers concentrates on routes within 300 miles of its Clermont County headquarters, and will transport shipments of one pound to one million pounds via pickup truck, straight truck or tractor trailer. Some of its drivers are certified to handle hazardous materials.

PARCELS OR PALLETS: The company's warehouse can accommodate storage of small or large quantities for varied lengths of time. Burd Brothers offers pick and pack as well as distribution services.

--Jenny Callison




BUSINESS HEADLINES
Fashion makeover is part of Sears strategy
Embezzler gets year in prison
Indiana's casino take rising in '03
First Financial posts 17.2% drop in profits
What's the Buzz?
Morning memo
Small-business tort aid sought
Tristate summary
Economic indicators show slight rise
Business digest