Sahm Adrangi Shorts Proteostasis

If Sahm Adrangi is right, which he tends to be when it comes to predicting failing companies, investors should avoid Proteostasis Therapeutics, Inc. when it comes to traditional investing. Proteostasis is still in its developmental stages and its main medication is for the treatment of cystic fibrosis. Unfortunately, although Proteostasis is touting it as a breakthrough medication for the debilitating disease, Sahm Adrangi believes the drug is ineffective. The medication known as PTI-428 will most likely fail Phase 3 trials according to Sahm Adrangi and his company Kerrisdale Capital Management.

During the Phase 2 studies of the drug, the size of the placebo group was very small and the bad outcomes that came with the natural progression of the disease made the treatment group’s results look much better than they actually were. Sahm Adrangi’s research led him to believe that the company is also omitting negative results of the trial to make it look a lot more useful than it actually is.

Kerrisdale Capital Management’s research has led Sahm Adrangi to arrange a short-selling position for Proteostasis that will lead the company and their investors to make a considerable amount of money if their hypothesis is correct. Adrangi has a long history of calling out companies for pushing bad drugs onto the market in order to gain money from investors. When Proteostasis Therapeutics made the announcement of the new medication that is in development, their stock price almost doubled. This rise is expected to be temporary and will most likely fall dramatically after the results of the Phase 3 trial. While the FDA has granted PTI-428 the Orphan Drug and Breakthrough Therapy designations, Kerrisdale Capital’s experts believe these labels are misplaced.

Sahm Adrangi has predicted the ineffectiveness of several other medications that were in development stages including ones by the companies Sage Therapeutics and Bavarian Nordic. In the earlier stages of his career, he gained attention by exposing fraudulent Chinese based companies that were trading in the United States.

https://www.benzinga.com/topic/sahm-adrangi

Anthony Petrello The Passionate Philanthropist

Tony Petrello serves the C.E.O of Nabors Industries limited as from October 2011. He studied at Yale University and finally Harvard University where he graduated with a bachelor’s degree in Mathematics in 1976. He is known to have a passion for philanthropic activities.

At one point, he has been ranked as the most paid C.E. O in America. This outlines how his fruits of hard work, setting a good example and admiration for many. This makes him among one of the most recognized people in the United States. Although his life has not been easy, together with his wife Cynthia, they have always been ready and concerned with helping others in tremendous and overwhelming ways through donations and outreach.

From his experience as a child from a disadvantaged background, Anthony Petrello understands all the hurdles that come along with lacking. He struggled so much with the harsh conditions, but finally received a scholarship that saw him through his college studies. His giving back to society is seen by setting up Yale scholarship that enables the bright students from needy homes to get through their education and eventually succeed in life. His personal story is a motivating one to the young people who look forward to becoming useful to society in future.

Read more on Broadwayworld.com

Tony Petrello was delighted to meet up with Broadway celebrity known as Tommy Tune at his house. This happened during Tommy Tune homecoming to Houston. This was an awesome comeback to Tommy as it was exquisite and lovely. The event also recorded a lot of people who attended to welcome back Tommy Tune. It was a pleasant chance for him to interact and have fun with his fans. They even enjoyed the local food and even performed to his thrilled followers.

CEO Tony Petrello’s undertakings in philanthropy have demonstrated his compassion to many including his company’s employees during and after the Hurricane Harvey. Through the Nabors Industry, he constituted for them to be paid off for them to be able to help the victims’ families. They developed a fund drive plan which they used to offer help to the affected families. The industry also set up a food kitchen at the site to allow them to have at least three meals a day. He has also played a part in the treatment of children with neurological disorders by offering donations to the organizations that deal with such conditions. This must have been motivated by their daughter Carena who has PVL condition that resulted in Cerebral Palsy.

See: http://insiders.morningstar.com/insiders/trading/executive-profile.action?t=0P000003RH&PersonId=PS000001NY&flag=Director&insider=Anthony_Petrello&culture=en-US&productcode=MLE&ops=clear&cur=

How Did Fortress Investment Group Chairman Wes Edens Earn His Billions?

People don’t become billionaires due to one simple investment, do they? Billionaire Wes Edens is in the Top 1000, according to the Forbes Billionaire List. How did Fortress Investment Group Chairman Wes Edens earn his billions?

Fortress Investment Group Success

Hedge funds were just emerging when the Fortress Investment Group went public in 2007. This was right before the Sub-Prime Mortgage Crisis, so money was flowing freely. It was the perfect storm.One of the key advantages of hedge funds is that their managers have the expertise to invest in cutting-edge technologies. They also perform a number of hybrid features, such as spinning, combining and taking certain companies public. Performing many investment bank functions, Fortress has helped keep the capital flowing. Fortress Investment Group Chairman and Co-Founder Wes Edens earned the first big slice of his billions with this IPO. He had paid his dues and learned finance at Black Rock Financial and Lehman Brothers.

Milwaukee Bucks Basketball Ownership

In 2014, Wes Edens paid big bucks for partial ownership of the Milwaukee Bucks. The NBA is a hot sporting brand. Its fast-paced style is particularly appealing to young people. Forbes calculated that revenue from each fan was $35 and gate receipts were $28 million. The Bucks have gone out and brought in great talent, like NBA All-Star Giannis Antetokounmpo. They have also updated facilities by spending $524 million on the downtown arena.The City of Milwaukee has been very happy to have a new owner. New billionaire owners have the deep pockets to make the investments to keep the brand uppermost in people’s minds. Sports franchises work closely with their hometown cities to make the enterprise profitable to all parties.

Fly on the Wall of League of Legends

And, the future of sports is in the electronics sector. Another cutting-edge investment was when billionaire Wes Edens bought the League of Legends Flyquest for $2.5 million. He understands the potential for eSports. He has even placed his son, Ryan as a manager over this team.Just like with so many other profitable ventures, Wes Edens invested in the new asset to upgrade its features. When Mr. Edens knocks, people listen. They know that he is a good source for the capital needed to stay in business.Through wise investments in finance and sports, Fortress Chairman Wes Edens made his billions. His investments are primed for continued success.

Luiz Carlos Trabuco Cappi, Bradesco, And The Integral Role He’s Played In Its Last 48 Years Of Operation

Luiz Carlos Trabuco Cappi has been the President of Banco Bradesco – bigger than every other bank in the nation of Brazil except for one, formed by a super-merger in 2008 – since 2009, having given his mind, body, and soul to the financial institution for an astounding 48 years since his hiring at Bradesco’s original branch in Marília, São Paulo. Mr. Trabuco is arguably best known for securing the entire Brazilian branch of HSBC Brazil, a subsidiary of HSBC Holdings Ltd, that sold for 5.2 billion United States Dollars just two years ago, or 17.6 billion reals.

Mr. Trabuco is certainly a unique executive, in both his performance in his past eight years atop the helm of Bradesco, as well as his journey to the top. While most executives, most notably those of the largest companies in the world – like Bradesco – find employment as CEO, COO, or another Chief blank Officer by getting hired from an external, independent company they’ve never worked at before, Luiz Carlos Trabuco Cappi has spent 100% of his working career with Banco Bradesco. Mr. Trabuco spent forty straight years with the bank, quite literally working his way from the ground up.

Born in Marília, São Paulo, Brazil in October of 1951, Luiz Carlos Trabuco Cappi had dreams of leading people, in whatever field he chose to work in. Although the young Trabuco wasn’t even 18 years of age at the time, Luiz enrolled himself into the University of São Paulo. Although his birth city is in the same state as USP, he traveled over five hours to attend the university, realizing that in order to build a strong foundation for his career, he’d need to make sacrifices. And one of those sacrifices was his plan of living.

He earned the modern-day equivalent of a bachelor’s degree at USP in Philosophy from the School of Philosophy, Science, and Letters. At the time, Luiz knew deep down that that single degree could help him travel long distances in whatever field he worked in, oblivious to the fact he’d eventually become one of Brazil’s most highly respected executives in financial services. However, Mr. Trabuco decided to stay in college and earn a graduate degree, this time transferring to the School of Sociology and Politics of São Paulo, nestled in the same university he earned his first degree from. The hard-working 20-something quickly obliterated all necessary courses for a postgraduate degree in Socio-Psychology, a field very few people majored in at the time, as very little was known about the brain and psychology.

Despite being able to work directly out of high school if the hard-working young man desired, Luiz Carlos Trabuco Cappi’s two degrees prepared him for his future position as the President of Brazil’s second-largest bank. In 1969, Mr. Trabuco had applied for a position as a bank teller in his hometown of Marília, working there for two years after earning the job. Mr. Trabuco exhibited a high level of dedication, making the travel of more than five hours back to Marília, even though he had went to two schools and lived in Cidade de Deus, the metropolitan area of the state of São Paulo.

After those two years – he obviously didn’t quit – he was offered a position at the headquarters of Bradesco in São Paulo, moving yet again, showing great effort to please his employer in Banco Bradesco. Working through various positions throughout his years, he was named Executive Vice President of Bradesco’s insurance subsidiary, next moving up to the role of President in 2003. Six years later, in 2009, Luiz Carlos Trabuco Cappi became President of the entire organization, not just the subsidiary, having held the position for eight years straight as of today.

Sheldon Lavin – The Chairman And Chief Executive Officer Of OSI Group

As the leader of OSI Group, Sheldon Lavin has a high profile in the food and meat processing sector while filling the position of Chief Executive Officer and Chairman, the company. Sheldon is also the OSI International Foods Ltd president and remains dynamically involved in several operations of the company.

Since 1970, Sheldon Lavin developed wide field knowledge after being engaged in the funding of Otto & Sons, which at least grew to become OSI Group. Under the vision and leadership of Lavin, OSI Group easily developed from a local food processing organization to a global industry leader. The company has presently over 60 locations across 60 various countries.

Read more: IPPE Report: NAMI presents industry achievement awards.

On February 20, 2016, Vision World Academy honored Sheldon Lavin by giving him the Global Visionary Award. According to Lavin, he was humbled and honored to win the prestigious award. He added, he was much proud of his work in assisting OSI Group to develop into the world powerhouse it is today. Sheldon Lavin spent his life devoted to the entire welfare of the organization and its various workers.

Apart from extending the OSI Group operations around the world, the organization has likewise received a long catalog of sustainability and environmental awards under Lavin’s watch. That is something Lavin hopes that the next generation of corporate leaders will proceed to prioritize. When inquired concerning his long record of successes, Sheldon Lavin added that he sought to inspire the next generation of leaders in the corporate sector. The leaders should devote themselves to develop their companies in dependable means that facilitate the growth of world commerce and chances for their workers.

Even though Sheldon Lavin’s message of wisdom is uplifting, he is not relenting or resting any time soon. He still creates time to get engaged in charitable causes within the community, including Ronald McDonald House Charities. Apart from having a successful profession, Lavin is also blessed with a good family. Sheldon Lavin vision for OSI is to go on expanding it and making profitable growth in the entire facets of the operation. He seeks to continue as one of the inspiring leaders within the world food sector.

Find more about Sheldon Lavin: http://www.amickfarms.com/corpresponsibility.html

Tony Petrello reaps big payday in 2013, but also produces big results

Tony Petrello has been on board with Nabors Industries in a number of executive roles since the early ‘90s. Originally brought on board and 1991 as a chief operations officer, Tony Petrello’s presence was a crucial component in leading the company from chapter 11 insolvency into becoming a highly profitable business.

Petrello’s hiring by the company was largely serendipitous. He had previously had a career spanning more than 10 years with famed law firm Mackenzie Baker as a mergers and acquisitions attorney and had worked some of the largest deals taking place in American business over recent history.

He was originally working on the chapter 11 proceedings when he was noticed by Nabors Industries management, who believed he had all the right qualities to lead the company out of bankruptcy and back into profitability. He was hired in 1991 and immediately began implementing a radically different strategy than what had previously been Nabors’ modus operandi.

Tony Petrello, who had a MS in mathematics from Yale and a Juris Doctor degree from Havard Law School, saw the huge potential of North America’s shale and tar sands reserves. He knew that, if those reserves could eventually be extracted economically, in a way that would make them a viable source of producible oil, Nabors Industries as well as the United States itself could reap a gigantic windfall, becoming energy independent and creating vast numbers of new jobs as well as economic opportunities for all involved in the extraction of those resources.

Petrello immediately shifted Nabors Industries’ focus into the development of high-tech and cutting-edge drilling equipment that would allow for the economical extraction of the traditionally hard oil reserves that were found throughout North America. This strategy ultimately proved to be a gigantic success. By the mid 2000, Nabors Industries found itself the premier vendor of directional drilling equipment in North America, almost single-handedly fueling the explosion of oil extraction activity within North America.

 

 

How EOS Displaced their Competition

EOS seemingly emerged out of nowhere to become the premier seller of Skin Care products in the United States. Of course, the emergence of the brand was more involve that that and involved a significant amount of planning and understanding of the market.

EOS  lip balm was co-founded by industry stalwarts who had extensive experience in several major manufacturing companies including Pepsi and Unilever. They were used to developing detailed understandings of the markets which the served and in developing products that fit the needs of their customers. Instead, what they saw in the lip balm market was an industry that was underserved by their competition. As an example, the products that were sold by the brands they would soon be competing against were very similar to the products sold a century earlier. Lip balm wasn’t being modified to meet the needs of modern consumers and had artificial and manufactured tastes; very contrary to the all-natural and organic trends that were emerging.

EOS decided to build their lip balm from the ground up and created an all-natural and organic lip balm that was sourced with high quality ingredients such as shea butter and jojoba oil. Vitamin E and C was added to create a superior level of protection for your lips, and the brand created some unique and interesting flavors such as Vanilla Mint and Blackberry Nectar which didn’t exist before but had a varied flavor that did not taste fake or like medicine. EOS lip balm packaged their products in unique applicator cases that were shaped like small eggs, but had unique hands free applications that were clean and sanitary.

Customers flocked to this new brand, and, in particular women, who were the inspiration for the design of the EOS lip balms. In doing so, EOS was able to outperform the stagnate bellwethers such as Chapstick in the industry and provide a new and wonderful product that customers adored.

EOS products are sold on Amazon and http://www.target.com/p/eos-organic-lip-balm-sphere-summer-fruit/-/A-13352556

 

Taking Eucalyptus to the Next Level: Flavio Maluf Is doing Amazing Things

Flavio Maluf was not aware of what his future held when he was attending university in Brazil. Flavio Maluf was an eloquent young man who had a vision in life. Because he had a sense of direction, he believed the business was the best thing which would happen to his life. Therefore, he decided to focus on success before achieving any other thing in his life. When he entered the University of Fundacao Penteado in Sao Pauli, Flavio Maluf had no idea of his success in life. He studied hard and graduated with the highest grades in Mechanical Engineering at http://www.dino.com.br/releases/flavio-maluf-e-sua-trajetoria-profissional-flavio-maluf-e-presidente-da-eucatex-brasil-dino89063425131. This was the time he was to have a real taste of the business and corporate world Brazil had to offer.

It was during this tie that it came to his mind that he had to pursue a certification in business education and management to make him well-prepared to face the Brazilian business and corporate world. For this reason, Flavio Maluf made a decision to attend the New York University where he began studying Business Administration. For more than one year, he worked and studied in the United States and attained a qualification in Business Management. This was the separation point which he needed to begin his career in management and business administration.

In 1987, Flavio Maluf commenced his career when he joined Eucatex Group of Companies and started working at the bottom. During his trajectory in the company, Flavio Maluf worked at the trading department of the company. This section gave him the rare opportunity to exercise whatever he had learned in the United States into real action. He also got an opportunity to develop and formulate structures and business models which would help him work to attain the greatest success for the company. The company on Twitter, through his business models and networks, started exporting goods to other countries including the United States, the United Kingdom, and Australia.

Flavio went on and moved to the manufacturing section of the company. In this section on econoinfo.com.br, he was given the task to repair and keep he machines serviced and running all the time. During this time, hs uncle extended an invitation to have him join the executive board members.

Kate Hudson And Adam Goldenberg Bring Forth A Ton Of Customers

When starting a business and trying to bring it to success, business owners can be met with a lot of challenges. For one thing, people have to not only know about the company but also be persuaded to shop at the company. This is where Kate Hudson comes in. Kate Hudson is not only involved with TechStyle but is also involved with the establishment of one of the brands. As a matter of fact, Fabletics is every bit as much her idea as it is Adam Goldenberg’s. She has seen the opening in the market for some innovation. Also, her star quality has encouraged plenty of people to sign up for the service.

Adam Goldenberg and Kate have solved the problem of bringing forth customers. However, they were also aware of the other issue that company owners have to solve. They had to figure out how to keep customers. While many customers would stay with a company that offers good products on vator.tv in many cases, there is a growing number of customers that pay close attention to other practices of the company. For one thing, more customers are waking up to the fact that they don’t want to do business with a company just for the products. They want to make sure that the company is making positive changes in every aspect of the world it is involved in. Customers would not feel comfortable if they were buying products from unethical practices on builtinla.com.

Fortunately for Adam Goldenberg, he has shown that he is one of the most ethical people when it comes to offering products. He has also encouraged a lot of creative expression in the design of these products so that people will feel a sense of fun when they shop at one of the brands of TechStyle. People will find some fun items and support great business practices.

Learn more about Adam Goldenberg: http://video.cnbc.com/gallery/?video=3000543492

The Philanthropy Of Dick DeVos

Dick and Betsy DeVos, through their Dick & Betsy DeVos Family Foundation, have given away an incredible $139 million in their lifetimes. Just in 2015 the couple gave $11.6 million away, mostly to educational nonprofits. The extended DeVos family was recently ranked #24th by Forbes on their “America’s Top Givers” list, and has given away about $1.33 billion of its roughly $5.2 billion estate.

Dick DeVos has commented that they give educational causes priority, and education accounted for about 1/4 of their 2015 donations. He believes that the current education system does not provide students with the means to obtain the American Dream, especially for kids who happen to grow up in the wrong zip code. He looks to change this through the education nonprofits that his foundation supports. He supports school choice and providing an improved system to support excellent teachers working to reach every child. The primary beneficiary of their donations are in Michigan but DeVos does support national organizations as well.

DeVos has stated that the institutions they support are held accountable, feature a program of academic rigor, supports the teachers and administrators, and provides ample supervision of the students. Some of the schools they support are Potter’s House, Grand Rapids Christian Schools, and the West Michigan Aviation Academy. This academy trains high school students to enter the aviation industry, including having now graduated 15 licensed pilots. About one-third of the students are impoverished, 40% are minorities, and the graduation rate is 86%.

The next focus of DeVos is on Arts & Culture, to which they gave about 20% of their donations to in 2015. The donations were given to organizations like the DeVos Institute for Arts Management. The foundation has also provided money to nonprofits such as churches, as well as into fields in Public Policy, Health & Human Services, and other civic or community based organizations.

Dick Devos started his career with Amway. He held several positions at the company and eventually was promoted to being a Vice President there. When he took over the development of foreign markets at Amway only 5% of their sales were outside the United States; within six years of his leadership that had grown to account for 50% of Amway’s sales. DeVos is also an owner of the Orlando Magic NBA team, and co-founded The Windquest Group with his wife, Betsy. The Windquest Group is a private financial investment company based on Grand Rapids, Michigan. The main fields that they invest in are technology, industrialism, and clean energy. One of their investments is the Green Machine, which captures the heat given off during the manufacturing process and turns it into electricity.