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)
January 17, 2013 |
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.
May 6, 1986 |
Trying to keep track of who is who in the long-distance business has not been an easy task lately. And it's expected to get even tougher. Competition among long-distance carriers is relatively new, with hundreds of young companies attempting to attract some of the business that for so long has been dominated by American Telephone & Telegraph Co. But all that competition is starting to take a toll. About 300 regional and national long-distance companies served customers at the end of last year, down from 400 the year before, according to estimates by the Yankee Group, a consulting firm in Boston.
August 18, 1987 |
On the surface, the idea sounds crazy. Is this what the world really needs? An antacid in the form of an aerosol whip? Consider the comic possibilities. How about a helping of strawberry shortcake covered with whipped antacid? Maybe an Irish coffee topped with a dollop of whipped antacid? Eat and drink all you want, and never worry about indigestion. Despite the jokes, Rorer Group Inc. has decided to proceed with national distribution of Maalox Whip, a new formulation of its familiar Maalox antacid.
April 29, 1986 |
Acme Markets, the Philadelphia-based food store chain, remained at the top of the supermarket heap for the second year in a row, according to a survey by Food Trade News, a publication that follows the industry. The survey, which covered 45 counties in Pennsylvania, New Jersey and Delaware, ranked the top 20 supermarkets, which controlled 77.2 percent of the market and had estimated retail food sales in 1985 of $11.3 billion. Acme Markets' 214 stores had sales of $2.682 billion, for a regional market share of 23.66 percent, according to the magazine, which is published in Ardmore.
May 24, 2011
As part of a push to hire 1,000 small-business bankers across the nation, Bank of America said today that it had hired 11 lenders in Southeastern Pennsylvania and six in South Jersey, based at branches in Camden, Burlington, Ocean, and Atlantic Counties. Last June, Bank of America had 102 branches with $7.7 billion in deposits, for a 6 percent market share, in the eight-county Philadelphia area. -Harold Brubaker
November 28, 2012
Virtua Health doctors will serve as medical directors at five MinuteClinic walk-in medical clinics in Burlington Camden, and Gloucester Counties, MinuteClinic, a division of CVS Caremark Corp. said. The move will expand Virtua's coverage of the three-county South Jersey region, where it already has a 32 percent market share, a Virtua official said this month on a conference call with investors. There will be signs in the MinuteClinics in Marlton, Mount Holly, Mount Laurel, Runnemede, and Sewell noting the clinical affiliation with Virtua.
August 29, 1989 |
Conrail yesterday named the veteran manager of its rail-car fleet to the new job of vice president of customer service, a move the railroad said emphasized its need to be more competitive with the door-to-door service of trucking companies. The new post was filled by Ralph von dem Hagen, who has been assistant vice president for car management since 1984. In that job, he managed the rail-car fleet, matching customer orders with available equipment. Chairman James A. Hagen said that although Conrail provided good service, it could be better.
February 28, 2014 |
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.
January 27, 1998 |
bowl fallout Bronco victory augurs bad news for bulls If history is any guide, the Denver Broncos' 31-24 Super Bowl victory over the Green Bay Packers means chances are good that U.S. stocks will end the year lower. In the 31 years the Super Bowl has been played, stocks usually rose for the year when the winner was a team that was in the National Football League before its 1970 merger with the American Football League. With an AFL winner like Denver, major market indexes usually fall.