Category: Business Written by Michigan Chronicle Staff
Suzanne Shank, President and CEO of Siebert Brandford Shank & Co., L.L.C. (SBSCO), has been named the National Association of Securities Professionals (NASP) prestigious Maynard H. Jackson award recipient. She was presented with the honor on June 26, 2013 at a luncheon of 500 securities industry leaders at the NASP's annual Pension and Financial Services conference in New York City.
NASP is the nation's premier non-profit organization advocating for women and people of color in the financial services industry. Each year, the National Association of Securities Professionals' (NASP) honors the financial services industry's most esteemed members with the organization's highest awards at its Annual Pension and Financial Services Conference. The Maynard Jackson award honors the financial service professional who best exemplifies entrepreneurial achievement, community service and high moral standards.
Orim Graves, Executive Director of the National Association of Securities Professionals said, "Once Suzanne hit Wall Street she was determined to succeed and to do it in the right way, exemplifying the traits held by Maynard Jackson. In a world where the term role model is thrown around frivolously, Suzanne is the very definition of the word, a guidepost to all who strive for excellence, professionalism and success."
Maynard Jackson served as the first African American Mayor of Atlanta (Terms in office: 1974-1982 and 1990-1994). He led the expansion of Georgia's Hartsfield Airport and reformed the City of Atlanta's police department. Mayor Jackson supported Affirmative Action and in 1990 founded the Maynard Jackson Youth Foundation Inc, a leadership program for disadvantaged kids. He later served as CEO of Jackson Securities.
Suzanne Shank co-founded the municipal finance firm Siebert Brandford Shank & Co., L.L.C. with Muriel Siebert and Napoleon Brandford in 1996 and continues to serve as President and CEO. The firm plays a key role in arranging financing for important public infrastructure projects including highways, bridges, water and sewer systems, airports and schools. Since its founding, 18 years ago, SBSCO has underwritten more than $1 trillion in public financing transactions.
"I am humbled to receive this award for doing something I love to do and to be recognized by this esteemed organization and the industry that we all serve," said Ms. Shank. "I was always in awe of Maynard Jackson and his accomplishments as mayor. His inspiration lives on and it is because of Jackson's leadership and tenacity to uplift minority businesses that SBSCO even exists. I am grateful for the recognition from the NASP Board and the honor of joining a distinguished group of previous honorees."
Last Updated on Wednesday, 03 July 2013 09:44
Category: Business - Original Written by Amber Bogins
As part of its unique facilitated networking model, the Michigan Business and Professional Association (MBPA) is hosting "Sizing up Your Business," a Network and Learn Business Breakfast. Curt Petterson, president and owner, Absolute Engineering & Consulting, LLC and founder of Business Improvement Team, LLC will be the featured speaker.
This is a free event for MBPA members. Guests of members may also register for free and members are encouraged to bring one or two clients. The event will take place Wednesday, July 31, 2013 from 8 a.m. until 10 a.m. at Davenport University, 19499 Victor Parkway in Livonia.
The Network and Learn @ Business Breakfast Connections start promptly and feature a continental breakfast, a premier speaker and Facilitated Speed Networking. This session also provides an opportunity for professionals from across the area to exchange contact information, discuss current industry information and generate sales leads.
For more information or to register, call 586-393-8800 or visit www.michbusiness.org.
Last Updated on Monday, 01 July 2013 12:30
Category: Business - Original Written by Trina Naylor
Conrad Mallett Jr.
Marvin W. Beatty
Nancy Schlicting (left), William f. Pickard, Ph.D., Carol Cain, Tom Canedo,
Cindy Pasky and Bud Denker.
Nancy Schlicting (left), William F. Pickard, Ph.D., Carol Cain, Cincy Pasky and
Nancy Schlicting (left), William F. Pickard, Cindy Pasky, Sharima Bulchak, Bud
Denker, Robert Ballone and Yvette Anderson.
Nancy Schlicting (left), William F. Pickard, Kelli Bischoff, Tomika Smith, Cindy
Pasky, Bud Denker and Bill Sichender.
Last Updated on Monday, 01 July 2013 15:37
Category: Business Written by Mashable
It has been only about 10 days since video on Instagram debuted, and Twitter-owned competitor Vine is already losing ground.
Marketing Land used analytics tool Topsy to compare Instagram versus Vine link shares on Twitter. It found that Vine shares on Twitter dropped almost 40 percent between June 19 and June 20 — the day Instagram video launched.
In the week that followed, the Topsy data shows Vine shares on Twitter continued to fall. Marketing Land reports that on June 26, less than 900,000 Vine links were shared on Twitter, compared with nearly 3 million shared on June 15.
Instagram's video share takeover on Twitter is ironic, considering Vine is owned by Twitter itself. Instagram is owned by rival social network Facebook. Both platforms empower mobile users with short video sharing. But while Vine limits users to 6 second clips, Instagram videos can be 15 seconds. Within the first 24 hours of Instagram video availability on June 20, users uploaded more than 5 million videos. Vine may have foreseen the impending competition, since it had publicly thanked its users on Twitter just two days before, calling them "awesome." Continue to Mashable...
Last Updated on Monday, 01 July 2013 12:03
Category: Business Written by Forbes.com
It’s a good time again to be a privately held company. No pressure over quarterly earnings, no obsession with stock prices, no anxiety over what you can say to whom about how the business is going. Heck, nobody outside the owner has to know anything. Mark Zuckerberg probably wishes Facebook were still private.
Growth has been better among privates, too. Forbes’ 2012 roster of America’s biggest private firms, based on 2011 data, showed revenue growth of 12%, twice the growth of the S&P 500. More recent data come from a new study by KPMG and Forbes Insights, which found that 58% of private companies are poised for revenue growth of 6% or more over the coming year. Ten percent of the 473 executives who responded believed their sales will rise more than 20%. Projections are flattish to slightly up for S&P 500 earnings.
Forbes is also privately held, and we’re outdoing most of our publicly held rivals, even if we still talk about meeting revenue goals in hushed tones so as not to jinx them. Forbes has also been covering non-public companies since its launch in 1917. We care about the health of private companies because it’s the right thing to do, and because we sorta have to. They make up 99% of all businesses in the U.S. Continue To Forbes.com
Last Updated on Monday, 01 July 2013 08:10
- Michelin Recognizes 25 Year Partnership with the North American International Auto Show
- Several Detroit Companies Honored by Corp! Magazine
- The Expendables: How the Temps Who Power Corporate Giants Are Getting Crushed
- First phase of retail transformation lands at Detroit Metro Airport’s McNamara Terminal
Digital Daily Signup
Sign up now for the Michigan Chronicle Digital Daily newsletter!
- Detroit Begins A New Chapter as Detroit Bankruptcy is Allowed to Proceed (1)
- Joyce Hayes Giles retires after 35 years with DTE (2)
- Sarah Palin accuses Obama of Libya ‘shuck and jive’ (1)
- Detroit is eligible for bankruptcy, pension cuts (2)
- Blue Cross Blue Shield of Michigan and Blue Care Network among lowest priced health plans on Michigan’s ACA health insurance marketplace (1)