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Friday, August 9, 2002

Volume 3, Issue 23


In the news this week...

Univision Profit Declines, Revises Earnings Estimates
Univision Communications Inc. said Wednesday that its net profit fell 22 percent for the second quarter despite strong sales growth over the same period last year.

Study: U.S. Could Benefit from End to Cuban Embargo
Two economists from the University of Colorado at Boulder said in a study released on Thursday that the U.S. tourism industry would benefit considerably if the embargo on Cuba were lifted.

HBC Stock Price Falls Further
Hispanic Broadcasting Corp. of Dallas saw its stock price fall for the second day in a row Thursday because of concerns that its merger with Univision Communications Inc. may be more difficult than originally thought.

Hispanic Population Growing Outside Established Hubs

A new study by the Brookings Institution Center on Urban and Metropolitan Policy and the Pew Hispanic Center shows how the rapid growth of America’s Hispanic population has played out among the cities and suburbs of the 100 largest metropolitan areas.

GOP and Dems Vying for Hispanic Vote
Democratic officials will unveil a comprehensive get-out-the-vote plan targeting Hispanic voters on Thursday.

Wall Street Plummets, Recession Fears Mount
Wall Street plummeted Monday as sluggish economic figures stoked fears that the United States may be headed into a "double-dip" recession.

Avon Inks Distribution Deal with Latina Magazine
Latina Magazine and Avon joined forces in a strategic co-marketing partnership to extend their reach to Hispanic women in the US.

Kmart Names New Chief Diversity Officer
Kmart Corporation announced the promotion of Lyman Locket to Vice President, Logistics Human Resources and Chief Diversity Officer, and Dave Lanni to Vice President, Field Human Resources, effective immediately.

New Spanish Media Programming Debuts
CNN en Español and People en Español will air weekly segments to debut on Tuesday, August 13, during "Escenario" and "Directo desde EE.UU."

Ricky Martin Honored With Hispanic Heritage Award
Latin pop superstar Ricky Martin is among the five winners of the 16th annual Hispanic Heritage Awards.

A Maverick with Eye for Talent, Ear for Latin music
Bruno del Granado, a Latin music industry guru who helped launch MTV Latin America, is at it again, building a hot brand for alternative Latin label Maverick Musica.

Lopez Foods to Celebrate 10th Anniversary
Oklahoma City firm climbs to 13th largest in annual sales among U.S. Hispanic owned companies.

U.S. Postal Service

From the current issue of

Hispanic Business magazine

Man Behind the News
Seasoned broadcaster Rolando Santos takes up the reins of CNN Headline News.

Missing Part of the Equation
Hispanic women continue to be underrepresented in the sciences and engineering. Some say research suffers as a result.

Visit our other sites!

HBEvents.com provides the most up-to-date information on Hispanic Business Inc. educational services and events, including the Hispanic Business Magazine Entrepreneur of the Year.

HispanTelligence.com contains quantitative data and a qualitative analysis on the U.S. Hispanic market. It allows researchers and business planners to access data on the Hispanic market.

HireDiversity.com, the recruiting branch of the family, offers an efficient place for minority job-seekers and diversity-minded employers to meet. The site also offers an array of diversity news.

SuperOnda.com is the site of the sister magazine of HISPANIC BUSINESS. It aims at passing along the Hispanic heritage of success to the next generation of young Hispanics. The site features a list of the best schools for Hispanic students, career development resources, musical and entertainment reports and much more.

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