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Market Share

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SPORTS
August 5, 2012 | By Nick Carroll, For The Inquirer
EAST RUTHERFORD, N.J. - Blue Bell resident Richard Gutnick cornered the market on Saturday at the Meadowlands Racetrack, owning both $1.5 million Hambletonian winner Market Share and world record-tying Chapter Seven, who scored in the Nat Ray. Gutnick, trainer Linda Toscano, and driver Tim Tetrick all won their first Hambletonians after Market Share finished the race in 1 minute, 52.1 seconds in the 87th edition of harness racing's most prestigious event....
SPORTS
August 16, 2012
Hambletonian winner Market Share and world-record holder Chapter Seven, both co-owned by Blue Bell's Richard Gutnick, headline Sunday's stakes-filled harness racing card at Harrah's Philadelphia Casino and Racetrack in Chester. The fifth annual "Super Stakes Sunday" features $2.7 million in total purses. Market Share faces seven rivals in the $500,000 Colonial for 3-year-old trotters and Chapter Seven meets seven foes in the $150,000 Maxie Lee Invitational for older trotters. Both horses are trained by Linda Toscano and will be driven by Tim Tetrick.
SPORTS
August 16, 2012 | FOR THE INQUIRER
Hambletonian winner Market Share and world-record-holder Chapter Seven, both co-owned by Blue Bell's Richard Gutnick, headline Sunday's stakes-filled harness racing card at Harrah's Philadelphia Casino and Racetrack in Chester. The fifth annual "Super Stakes Sunday" features $2.7 million in total purses. Market Share faces seven rivals in the $500,000 Colonial for 3-year-old trotters and Chapter Seven meets seven foes in the $150,000 Maxie Lee Invitational for older trotters. Both horses are trained by Linda Toscano and will be driven by leading driver Tim Tetrick.
BUSINESS
December 11, 1986 | By Ron Wolf, Inquirer Staff Writer
The cure was successful. The patient has recovered completely. Contac, the nonprescription cold remedy manufactued by SmithKline Beckman Corp., has regained all of the market share it lost in the United States in the wake of product-tampering incidents earlier this year. SmithKline's $40 million promotional blitz on behalf of its imperiled brand propelled Contac back into a leading postion among cold remedies, according to market-research data compiled by the A.C. Nielsen Co. SmithKline withdrew Contac from the market in March after capsules in Houston and Orlando, Fla., were found to have been contaminated with rat poison.
BUSINESS
December 17, 2002 | By Harold Brubaker INQUIRER STAFF WRITER
With its market for plastic food-and-beverage containers expected to expand by 11 percent a year through 2005, Constar International Inc. has no shortage of opportunities. Now that it has been spun off from the financially troubled Crown Cork & Seal Co. Inc., it should be easier for Constar to reap its share of that growth. "We need funding so we can grow with the marketplace," said Michael Hoffman, president and chief executive officer of Constar, which went public Nov. 15. The company's shares have not moved far from their $12 offering price, closing down 63 cents yesterday at $11.75 on Nasdaq.
BUSINESS
December 24, 2013 | By Jane M. Von Bergen, Inquirer Staff Writer
When Paul Steinke, 49, became general manager of the Reading Terminal Market in 2001, a voice in his head cautioned him that he might be joining a dying institution. Hard to imagine why, considering that the market, especially crowded around big food holidays like Thanksgiving, Christmas, and Easter, attracts 115,000 visitors a week. One of America's oldest and largest public markets, it is also one of the city's top tourist attractions. Question: What worried you in 2001?
BUSINESS
June 19, 2002 | By Tom Belden INQUIRER STAFF WRITER
The top dog among the region's supermarkets is growling again. Acme Markets, which had lost market share in recent years as it struggled to upgrade and expand its stores, was the clear winner in this year's survey of the supermarket business conducted by Food Trade News. While Acme boosted its market share, ShopRite and Genuardi's each suffered from a different problem and lost share. Their losses were both to Acme and a growing list of nontraditional rivals that make the Philadelphia area one of the more competitive grocery retailing markets in the country, the survey found.
BUSINESS
May 23, 1992 | FROM INQUIRER WIRE SERVICES
General Motors Corp. will de-emphasize market share and adopt a "profit first" strategy, chairman Robert Stempel told stockholders yesterday. "Your corporation's North American focus has moved from 'market share with profitability' to 'profit first,' with less emphasis on market share," Stempel told about 1,650 shareholders at the company's annual meeting. In recent years, GM has tried vainly to hold onto its share of the U.S. market by offering rebates and discounts on its cars and trucks.
BUSINESS
December 19, 2001 | By Benjamin Y. Lowe INQUIRER STAFF WRITER
Acme Markets Inc. said yesterday that it would spend 17 percent more in 2002 than this year to remodel and expand its supermarkets in the Mid-Atlantic region. Over the last five years, the Malvern-based company has refurbished 40 percent its 185 markets as it tries to stem the number of customers leaving Acme for newer stores. Acme, whose area market share eroded from 28.4 percent in 1996 to 25.8 percent this year, operated 85 stores in the eight-county Philadelphia area as of June, according to Food Trade News.
BUSINESS
July 7, 2000 | By Benjamin Y. Lowe, INQUIRER STAFF WRITER
Once an Acme customer, Jacki Menard now shops several times a week at the Genuardi's supermarket at the St. Davids Square Shopping Center. The Acme where she used to shop had "awful management" and "the stores were seedy and run-down," the Villanova resident said. Acme seems to know what she meant: Earlier this year, the company announced a 24-store improvement project. But for Menard, it was too late. She had converted to Genuardi's, citing better customer service, a cleaner store, and a better shopping environment.
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BUSINESS
February 28, 2014 | By Linda Loyd, Inquirer Staff Writer
Cargoes were up 15.1 percent in 2013 in the Port of Philadelphia, the fourth consecutive year for gains and an indicator the economy is recovering, officials said. More steel, more paper, more cocoa beans, and more sugar accounted for the increase. Total tonnage: 5.1 million. The year was not all rosy. Unconventional cargoes, known as "project cargoes," were down 10.8 percent. Automobile imports from Hyundai and Kia were down 9.8 percent, due in part to labor strife in South Korea and Japanese automakers' bouncing back to regain market share, said Robert Blackburn, the Philadelphia Regional Port Authority's senior deputy executive director.
NEWS
February 3, 2014 | By Peter Dobrin, Inquirer Music Critic
This evening about 6:30 in East Rutherford, N.J., a soprano from the Metropolitan Opera will join the NFL. Televised to more than 100 million listeners, she will sail "The Star-Spangled Banner" aloft with operatic vibrato, and by Monday morning all of America will be so stirred by her voice that apps will collapse under the strain of the sudden demand for Verdi and Wagner. Scratch that. Authorities have charged a pair of New Jersey Metallica fans with organizing a massive classical-music ticket-scalping scheme after hearing pianist Lang Lang rocking out with the heavy metal band on last Sunday's Grammy broadcast.
BUSINESS
December 24, 2013 | By Jane M. Von Bergen, Inquirer Staff Writer
When Paul Steinke, 49, became general manager of the Reading Terminal Market in 2001, a voice in his head cautioned him that he might be joining a dying institution. Hard to imagine why, considering that the market, especially crowded around big food holidays like Thanksgiving, Christmas, and Easter, attracts 115,000 visitors a week. One of America's oldest and largest public markets, it is also one of the city's top tourist attractions. Question: What worried you in 2001?
NEWS
August 15, 2013 | By Linda Loyd, Inquirer Staff Writer
In a move that caught shareholders, creditors, analysts, and the airline industry by surprise, the U.S. Justice Department; six states, including Pennsylvania; and the District of Columbia sued Tuesday to block the merger of US Airways and American Airlines. No one saw it coming, two days before a federal bankruptcy judge in New York City was scheduled to approve American's reorganization plan. The news sent airline stocks tumbling. American's creditors, along with shareholders of both airlines and European Union regulators, had given a green light to the $11 billion deal.
BUSINESS
August 9, 2013 | By Harold Brubaker, Inquirer Staff Writer
Radian Group Inc., a Center City mortgage insurer, said Wednesday that July was its biggest month ever, a sign of strength in the housing market and a shift in the industry that has benefited private mortgage insurers. The company insured $5.3 billion worth of home mortgages in July, 58 percent more than July 2013 and five times more than the low in 2010 of $959 million. "We're really excited about reaching a point in July where we had our highest writing month of new insurance in the history of the company," said Teresa Bryce Bazemore, president of Radian Guaranty Inc., Radian's mortgage-insurance arm. "We've been through - as has pretty much any company that's in the housing market - a very difficult period of time, lots of losses," Bazemore said.
BUSINESS
April 30, 2013 | Associated Press
Auxilium Pharmaceuticals Inc., of Chesterbrook, reported disappointing first-quarter sales on Monday and said it is spending $585 million to buy a urology drug company. Auxilium said sales of its two approved drugs, Xiaflex and Testim, both decreased because of lower sales in the U.S. It said both drugs appear to be losing market share and reduced its sales expectations for both products. The company also said it bought Actient Holdings LLC from private equity firm GTCR for $585 million.
NEWS
February 28, 2013
Q: Might a company that rakes in a lot of money still be a bad investment? - L.D., Worcester, Mass.   A: It's possible. Remember that the money a company takes in (its revenue, or sales) is its top line. Before you get to its bottom line of profits, you have to take out expenses, such as salaries, supplies and taxes. It's critical to know how much (if anything) the company keeps as profit, and whether important numbers, such as sales and profits, are increasing. Arch Coal, for example, has had average annual revenue growth of more than 12 percent over the last five years, and growth has accelerated.
BUSINESS
January 17, 2013 | By Harold Brubaker, Inquirer Staff Writer
  The University of Pennsylvania Health System's tentative deal to acquire Chester County Hospital in West Chester may be a move to block competitors from gaining control of a lucrative patient market, health-care experts say. "I suspect that part of the reason was they didn't want it to fall into somebody else's hands," said Mark V. Pauly, a health-care economist at the University of Pennsylvania. Pauly said he had no inside information. The two organizations said Friday that they had signed a nonbinding letter of intent, allowing Penn to delve more deeply into Chester County Hospital's weakened financial condition and work more broadly with the hospital community on a merger agreement.
NEWS
January 3, 2013
Q: What's the definition of "market share?" - E.M., Victoria, Texas A: The useful online glossary at investorwords.com provides a good definition: "The percentage of the total sales of a given type of product or service that are attributable to a given company. " Consider smartphone- operating systems, for example. According to Kantar Worldpanel Com- Tech, in the United States, Apple's iOS recently held a 53 percent share of the market (up from 36 percent a year ago), versus 42 percent for Android, 3 percent for Windows and less than 2 percent for BlackBerry OS. Recent global data from IDC for "smart" connected devices (which include smartphones, PCs and tablets)
SPORTS
December 21, 2012 | INQUIRER STAFF
When it comes to winning races and winning awards, Chapter Seven has broken the bank. The 4-year-old male trotter, who won eight of 10 starts and equaled the world record of 1 minute, 50.1 seconds on a mile racetrack, was named horse of the year Thursday in Dan Patch Awards voting by the U.S. Harness Writers Association. Chapter Seven's 10 starts were the fewest for a horse of the year winner in harness racing history. On Tuesday, Chapter Seven was named trotter of the year, defeating stablemate Market Share by 39 votes for the honor.
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