Yesterday Hispanic Broadcasting Corp. announced that the company would miss their 4th Q 2000 revenue and profitability goals. The Street reacted negatively, sending the stock into a -32% downward spin to $23 7/8 at the end of the trading day.
Rev. Jesse L. Jackson, Sr. announced the Rainbow/PUSH Wall Street Project's 4th Annual Conference entitled Diversity in Corporate America: The Essential Best Practice, will take place in the capital of the business world, New York City.
Mass retailers posted solid sales gains for 2000, according to the International Mass Retail Association. Even with a slower-than-anticipated holiday season, they reported some steady increases in sales for the full year.
From the city streets of Brooklyn to the neon-lit metropolis of Tokyo, the 'urban' mindset has swept the globe. With spending power in excess of $890 billion and the online urban community numbering at 19.2 million (and growing at 17% per year), this consumer group is not to be overlooked.
The sixth annual Diversity Achievement Awards, sponsored by District Two of the American Advertising Foundation (AAF), will be held Wednesday, January 17, 2001 at Cipriani’s on 42nd Street in New York City, at 6:30.