The [New London, Conn.] Day
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NY Sports Journalism
Baseball has signed a deal with Mission skincare products, whose co-founders and R&D staff includes Nash, Williams, Hamm and Amanda Beard.
New York Times
The "Frequent Flier" column this morning features a guy you might like to spend some time with over a bottle of sparkling water. Armando Zapata, the national ambassador for Sauza Tequila, talks about his travels around the country talking up his brands. Part of his mission is to repair the category's bad rep. "Everybody has a tequila story, and it's usually that they drank too much when they were in college and how they'll never drink it again," Zapata tells Joan Raymond. Sure enough, Zapata has a few tales of a decidedly different nature. You'll read …
Reuters
Johnson & Johnson, which has recalled tens of millions of bottles of consumer medicines in the past year because of complaints of a musty or moldy odor, said it was voluntarily recalling another lot -- almost 128,000 bottles -- of Tylenol, Ransdell Pierson reports. The product was identified as adult Tylenol eight-hour caplets sold in 50-count bottles in the U.S. and Puerto Rico. "This voluntary action is being taken as a precaution and the risk of adverse medical events is remote," the company said in a release. The spate of recalls has tarnished the reputation of J&J and …
San Jose Mercury News
Apple reported substantial increases in both its profits and revenue yesterday but gross margins fell from 41.8% a year ago to 36.9% in the most recent quarter and it stock slipped down 6% in after-hours trading on the news. While iPads and iPhones are flying off the shelves, they tend to offer lower margins than Mac computers. CEO Steve Jobs made a rare appearance on the analyst call, Troy Wolverton reports, and he took the occasion to bash Google and its Android OS. He called Google's mobile efforts a "mess" and argued that analysts who frame the battle …
Los Angeles Times
Ben Fritz writes that in its desire to "dominate the Marvel universe as soon as possible," Walt Disney Co. has signed a deal to take over marketing and distribution of "The Avengers" and "Iron Man 3" from Paramount Pictures for a minimum guarantee of $115 million against a percentage of revenue that the Viacom-owned studio would have received. The minimum provides downside protection in case the films flop. "For them to coordinate distribution and marketing and us to still get the economic benefit while focusing exclusively on our own
tentpoles is a win for both sides," …
Ad Age
Jack Neff reports that Walmart has gotten a six-month head start on the companies whose brands it carries by rolling out Fat Foam, a no-drip hair color product based on technology developed in Japan. Women can put the color in and then "go about their day" without worrying about it dripping on the floor or staining clothes, says Michael Smith, senior buyer for hair care and hair color at Walmart. The company behind the product is Hoyu, which bought Samy, a "masstige" hair-care brand founded by stylist Samuel Suarez in Miami. Samy had planned to launch of Hoyu's foam …
NPR
Los Angeles Times