HispanicBusiness

Inside the June 2008 Issue

A Candid Q&A With the CEO of Brightstar, the HB500's Top Company

For the second year in a row, R. Marcelo Claure, the chairman, CEO, and president, has taken his company, Brightstar Corp. to the top of the Hispanic Business 500 companies. He's done so with verve, vision, and the ability to penetrate new markets. Despite his globetrotting schedule, we caught up with Mr. Claure this spring for a surprisingly forthright interview. He not only shared his business philosophies, he also gave us a glimpse of his early experiences that set the course for his remarkable success. Our discussion spanned a variety of issues and topics. ...continue

The Hispanic Business 500: Tough Economy Challenges Hispanic-Owned Firms

The Hispanic Business 500 have endured turbulent economic times before, but market conditions proved especially bearish for U.S. Hispanic companies in 2007. Revenues for this year's HB 500 slid backwards 0.6 percent to $36.1 billion. It is the first such dip since 2002, and only the third in the directory's 26-year history. It should come as no surprise that more than 41 percent of CEOs cited market conditions as the top barriers to growth in 2007. ...continue

Top Hispanic-owned Green Cos. Remain Optimistic

This year, for the first time, Hispanic Business magazine is tracking the top Hispanic-owned 'green' businesses, while keeping a finger on the pulse of this rapidly evolving industry. Of the Hispanic Business 500 companies, at least 13 are significantly involved with environmental restoration, cleanup, engineering, or management of some other type of green enterprise. ...continue

Public Pension Guru Robert Aguallo Moves to Private Equity Firm

In early May, Robert Aguallo Jr., a major figure in the world of colossal public pension funds, announced that he was leaving the public sector to take over a fledgling private fund based in Los Angeles. Whatever Mr. Aguallo does is noticed in the financial world, but this time there is a potentially even bigger story behind why he made the move to manage the new fund, called Cardinals America. It's a story that could literally change the face of California, and potentially the entire nation. ...continue

Quarterly Economic Forecast: Retail and Service Sectors Hold The Line

The Hispanic Businesses 500, which contains some of the nation's most dynamic and well-established firms, saw a worrisome 0.6 percent decline in total revenues in 2007. A review of the 2007 economic accomplishments of the 500 largest Hispanic companies suggests that Wall Street's failings were significantly impacting Main Street in 2007. ...continue

Molina Healthcare's CEO on the Economy and the Value of a Nickel

In 1980, Dr. David Molina formed a company to serve low-income patients in California. Today, Molina Healthcare, under the stewardship of Dr. Molina's son. Dr. J. Mario Molina. Molina Healthcare has ascended to the top of the health care sector of the HB 500, and into the second position overall. Recently, we had a chance to talk to the company's personable CEO. ...continue

Five Top CEOs Share Hot Tips for Thriving in the Cold Economy

Wholesalers are rationing rice. Gas prices are higher than ever. Your family vacation is costing you twice what you planned. In this economic environment you and your business are still expected to turn a profit. It's time for some serious time at the drawing board. We talked with the nation's top Hispanic Business CEOs who have already had those meetings. They've seen local markets dry up, customer tastes change with the wind, and now they share what they're doing to stay strong in the tough times. ...continue

Hispanic Fans Critical to Major League Baseball

Hispanic baseball fans are driving attendance numbers to record heights. Aggressive marketing plans and an increased number of Hispanic ballplayers and managers have made Hispanic attendance a critical element to the bottom lines of many major league teams. If that sounds like hyperbole, consider this. More than half of all fans who watched Los Angeles Dodger games at Chavez Ravine in 2007 were Hispanic. That represents nearly two million baseball lovers. ...continue

HB 500 Methodology

Miss out on this year's Hispanic Business 500 -- or want to nominate another company as a candidate to our list? Or do you just want to know our methodology in selecting the list? Click through! ...continue

Chivas Regal Reintroduces its 25-Year-Old Scotch

In 1982, Gabriel Garcia Marquez won the Nobel prize for literature, Michael Jackson won praise for "Thriller," and E.T. won hearts at the movies. And in a sunny corner of Scotland, barley and malt began a 25-year journey to Ignacio Sanchez's whiskey glass in New York City. At a shade under $300 for a 750-milliliter bottle, Chivas 25 is no average Scotch. It nestles on the shelf with other luxury whiskeys, most of which are single-malt Scotches, not blends. Find out why Chivas 25 has proven its appeal among Hispanics. ...continue

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