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Posts Tagged ‘Cathy Baron Tamraz’

Warren Buffett, Business Wire Celebrate 50 Years at the NYSE

Photo: Scott Eeels/Bloomberg

PRNewser made a trip to the New York Stock Exchange this morning where Warren Buffett, Business Wire chairman and CEO Cathy Baron Tamraz, and the rest of the Business Wire team gathered to ring the opening bell and celebrate 50 years of BW business. (Berkshire Hathaway owns Business Wire.)

The scene on the stock market floor was a frenzy with international media and traders doing their stock market thing. Add to that the excitement over a visit from Buffett and there’s even more chaos. The media was definitely interested in hearing more about his thoughts on taxing the rich and the economy, and the traders treated him like a celebrity, approaching him with pens in hand for an autograph.

After the opening bell, Buffet and Tamraz came down to the floor for photos and interviews with Fox Business, CNN, and other outlets. We tweeted about some of the action from the floor this morning and BusinessWire is tweeting about the events happening at the NYSE today, which includes a luncheon and Q&A with the execs.

Before heading to the stock market floor, we met the Ball State University student, Jenna Marie James, who won the chance to meet Buffett for lunch today. You can click here to watch her winning video entry answering the question “What is the future of PR and communications?” She came to the stock exchange with ukulele in hand.

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Microsoft Raises Questions with Earnings Announcement

The New York Times’ newly revamped Dealbook blog takes a closer look at Microsoft’s decision to release its earnings recently on its website. The press release that Microsoft issued went up about 30 minutes after the earnings were made public and only directed people to their site.

“In an age of high-frequency trading when every millisecond counts — even in after-hours trading — the move toward companies’ distributing earnings and other market-moving information via their Web sites rather than through wider distribution channels raises some serious questions about transparency,” Dealbook reads, an issue that newswires have also voiced. Read more

Business Wire Names Gregg Castano President

Gregg Castano.jpg

Twenty-four year Business Wire veteran Gregg Castano was promoted to president today, the company announced. Castano was previsously co-chief operating officer. He has played a key role in Business Wire’s international expansion and global sales operations.

“Gregg is calm under pressure and a consensus-builder, qualities that are certain to serve him well in his new role,” said Business Wire CEO Cathy Baron Tamraz in a statement.