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Posted May 30, 2012

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group, Inc. has announced it will acquire Institution Food House, Inc. from Alex Lee, Inc. The acquisition brings together two major foodservice distribution companies to enhance service and offerings to customers in the Carolinas, and the surrounding geography. IFH is a $600M foodservice distributor based in Hickory, North Carolina, with an additional location in Florence, South Carolina. IFH was founded in 1966 and is the largest independent foodservice distributor based in the Carolinas. The transaction is expected to close in mid-June.

Institution Food House, Inc. employs approximately 700 people. At the close of the transaction, IFH employees will have the opportunity to transition to PFG's comprehensive health and welfare programs. At PFG, superior brands, quality products, and excellence in serving customers across the country, all start with creating a great place for great people to work while supporting personal, business, and customer success. PFG is pleased to partner with IFH associates to continue building a strong culture of success.

George Holm, president and CEO of Performance Food Group, stated, "We are very pleased to be able to combine our highly complementary companies to strengthen our presence in the Southeast and to extend our product offerings to all of their customers." The acquisition supports key strategic opportunities for both Performance Food Group and IFH.

Mac Pearce, executive vice president of Performance Food Group, added, "IFH is a highly regarded company built on its dedicated employees and loyal customers. We believe IFH is a great fit for our sales-driven culture. As we welcome IFH into the PERFORMANCE Foodservice organization, we believe that this partnership will bring added value to existing IFH and PERFORMANCE Foodservice customers."

Gerald Davis, Chairman and president IFH, noted, "The joining of PFG and IFH will enable both to be better companies. We have every confidence that this acquisition will be beneficial for our employees, our loyal customers, and our suppliers."

About Performance Food Group:

Performance Food Group, Inc. is the parent company of a leading family of foodservice distributors - Performance Foodservice, Vistar, and PFG Customized Distribution. Through these three segments, it delivers over 94,000 national and proprietary branded food and food-related products to more than 115,000 independent and national chain restaurants, quick-service eateries, pizzerias, theaters, schools, hotels, healthcare facilities, and other institutions via its 64 distribution centers and 12 Merchant's Mart locations across the United States. Altogether, Performance Food Group, Inc.'s family of distributors offers outstanding service with a wide variety of high quality products that, along with the strength of our industry wide relationships and expertise, helps customers run their businesses successfully. For more information, visit http://www.pfgc.com.

About Institution Food House:

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Performance Food Group to Acquire Institution Food House

RICHMOND, Va.--(BUSINESS WIRE)--

Performance Food Group, Inc. (PFG) has announced it will acquire Institution Food House, Inc. (IFH) from Alex Lee, Inc. The acquisition brings together two major foodservice distribution companies to enhance service and offerings to customers in the Carolinas, and the surrounding geography. IFH is a $600M foodservice distributor based in Hickory, North Carolina, with an additional location in Florence, South Carolina. IFH was founded in 1966 and is the largest independent foodservice distributor based in the Carolinas. The transaction is expected to close in mid-June.

Institution Food House, Inc. employs approximately 700 people. At the close of the transaction, IFH employees will have the opportunity to transition to PFGs comprehensive health and welfare programs. At PFG, superior brands, quality products, and excellence in serving customers across the country, all start with creating a great place for great people to work while supporting personal, business, and customer success. PFG is pleased to partner with IFH associates to continue building a strong culture of success.

George Holm, president and CEO of Performance Food Group, stated, We are very pleased to be able to combine our highly complementary companies to strengthen our presence in the Southeast and to extend our product offerings to all of their customers. The acquisition supports key strategic opportunities for both Performance Food Group and IFH.

Mac Pearce, executive vice president of Performance Food Group, added, IFH is a highly regarded company built on its dedicated employees and loyal customers. We believe IFH is a great fit for our sales-driven culture. As we welcome IFH into the PERFORMANCE Foodservice organization, we believe that this partnership will bring added value to existing IFH and PERFORMANCE Foodservice customers.

Gerald Davis, Chairman and president IFH, noted, The joining of PFG and IFH will enable both to be better companies. We have every confidence that this acquisition will be beneficial for our employees, our loyal customers, and our suppliers.

About Performance Food Group:

Performance Food Group, Inc. is the parent company of a leading family of foodservice distributors Performance Foodservice, Vistar, and PFG Customized Distribution. Through these three segments, it delivers over 94,000 national and proprietary branded food and food-related products to more than 115,000 independent and national chain restaurants, quick-service eateries, pizzerias, theaters, schools, hotels, healthcare facilities, and other institutions via its 64 distribution centers and 12 Merchants Mart locations across the United States. Altogether, Performance Food Group, Inc.s family of distributors offers outstanding service with a wide variety of high quality products that, along with the strength of our industry wide relationships and expertise, helps customers run their businesses successfully. For more information, visit http://www.pfgc.com.

About Institution Food House:

Founded in 1966, Institution Food House, Inc. (IFH) is the largest independently owned broad-line food service distributor based in the Carolinas. IFH's customers range from fine dining establishments to casual restaurants, quick serve restaurants, hotels, school systems, and health care providers. It has approximately 6,000 customers concentrated in North and South Carolina, Virginia, and Georgia. In a competitive marketplace, IFH emphasizes superior customer service and "hassle free delivery." In addition to traditional delivery services, IFH offers customers many value-added services. Its corporate chefs and registered dietitians develop customer-specific menus and assist customers with meal planning.

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Performance Food Group to Acquire Institution Food House, Inc.

By Rita Chattaraj - May 30, 2012 | Tickers: AAPL, DELL, HPQ, RIMM | 0 Comments

Rita is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited.

Worlds third largest PC manufacturer, Dell (NASDAQ: DELL), came out with its fiscal 2013 first quarter earnings last Tuesday and the results fell short of the expectations. The company is facing intense competition from all angles and is attempting to manage them through restructuring and repositioning itself. Here is all that has happened and all that is happening.

A look at the numbers The PC maker delivered a top line of $14.4 billion, reflecting a 4% fall from the year ago period. The revenues from its security and services businesses were up 31% and 4%, while that from the software and peripheral business plunged 7%. The most disappointing performance was delivered by the notebook business which fell by 10%.

Lower than expected sales along with poor economic conditions were responsible for the relatively poor performance of Dell in the first quarter. Another factor that negatively affected the top line was the availability of substitutes. Consumers are prioritizing the purchase of other mobile devices over personal computers. However, Dell is not the only player who is facing these issues. Its peer Hewlett-Packard (NYSE: HPQ), which reported results similar to that of Dell, is also in a similar soup.

What else is going on? Among the major IT players who are seeking to gradually shift their business focus from the relatively low-margin personal computers and peripherals, Dell is surely walking the talk. The IT giant seeks to position itself as an end to end IT provider.

But, what is the need for this diversification and what is Dell doing about it? Lets look into these.

The market environment in which Dell functions is a mature and a saturated one. The demand for personal computers is shrinking every day as more and more people are actively shifting to tablets from manufacturers such as Apple (NASDAQ: AAPL), Samsung, Research In Motion (NASDAQ: RIMM), HCL and many others. In such times it is risky to be stuck with the personal computers business. Dell needs to adopt itself to the changing environment and be flexible.

Now we come to how Dell is trying to deal with the diversification strategy. Dell is trying to take a more service-oriented structure. The company is looking at enhancing its portfolio of cloud-based solutions, security and software solutions through inorganic growth. This IT giant has announced five acquisitions out of which three deals have already been closed this year. The most recent merger, which took place in the last week of May, was that of Wyse Technology, a leading cloud-based service provider. With more than 180 patents under the belt of Dell Wyse, Dell is now the market leader in Thin Clients. Dell is also in talks with Quest Software, a network security software provider, to acquire the later. Apart from Quest, Dell is eying BMC Software, as another target.

The bottom line Its very clear that a lot is going on in the IT M&A space and Dell seems to be a pretty active participant. However, the Company needs to act fast on its plans as its competitor Hewlett-Packard is also active in this space. Being just fit wont ensure survival anymore. Survival of the most adaptable is the new rule of the game. Dells strategy seems to be logical, but how soon will these moves start paying off is what actually matters. Dell first needs to find synergies among its core business and those it is acquiring and then it needs to sync them together if it wants to become an end to end IT provider.

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How Well Is Dell?

ALBANY, N.Y. - Momentive Performance Materials Inc., a leading global provider of silicones and advanced materials, focused on some of the fastest growing trends in personal care products with new additive technology exhibited at NYSCC Suppliers' Day in Edison, New Jersey, May 15-16. These trends include enhanced color protection, as more and more consumers with different hair types are coloring their hair; advanced thermal protection, as the popularity of thermal hair styling continues to grow; more effective sun protection, with continued consumer concern over the harmful effects of ultraviolet light; and improved sustainability, with increasing consumer interest in products that have minimized or eliminated the use of such ingredients as parabens and ethylene oxide.

Momentive's celebrated history of innovation in personal care technology traces back more than 25 years with the introduction of the first commercialized silicone for 2-in-1 shampoo and conditioner in 1986. Since then, the company has helped many of the personal care industry's leading brands bring competitively differentiated products to market that address key consumer preferences in hair care, sun care, skin care and color cosmetics.

"Over the years, the science behind feeling beautiful has grown increasingly complex, as the range of benefits offered to consumers has become more diversified and personal care products themselves becoming more versatile or more specialized," said David Cohon, Global Marketing Director, Personal Care, Momentive Performance Materials. "At Momentive, our job is to help our customers continually create and feed consumer demand by providing additives that help their formulations do more. It's hard for consumers to see, but there's a lot of science that goes into helping them look and feel their best. And because these are consumer products, formulators want to work with companies they can trust - companies, such as Momentive, that have been in the business for years and have the global bandwidth to develop and deliver products anywhere they are needed."

Recent product introductions that offer some of the most sought-after product performance and processing benefits are highlighted below.

o Silsoft* AX-E conditioning agent - can promote excellent thermal and color protection in hair products, as well as smoothness and shine without greasiness. o Silsoft Q PF cationic silicone terpolymer - can help enhance volume and body while providing outstanding softness to the hair. o SME253 PF amine functional silicone microemulsion - can help hair care products deliver excellent conditioning in addition to color protection. o SilForm* 60-A emulsifier - can act as a highly stabilizing water-in-oil (W/O) emulsifier for a broad spectrum of oils. Through a significantly higher concentration of polyether silicone copolymer than standard products of this type, this emulsifier can achieve high levels of actives in a gentler carrier, while improving wash-off resistance and remaining aesthetically pleasing. o SilForm EOF emulsion - is manufactured without the use of ethylene oxide (EO) and propylene oxide (PO). Formulators can use this EO-free, W/O emulsifier at low usage levels to formstable emulsions with many cosmetic oils. o SilForm FR-10/SilForm FR-5 fluids - can be used to help form a highly flexible film on the surface of the skin for typically longer lasting comfort, greater water and oil resistance and extended durability in sun care, skin care and color cosmetics formulations.

For more information about Momentive's solutions for the personal care industry, please call 800.295.2392 in North America (+1 614 986 2495 everywhere else), email 4information@momentive.com or visit http://www.momentive.com.

About Momentive Performance Materials Inc. Momentive Performance Materials Inc. is a global leader in silicones and advanced materials, with a 70+ year heritage of being first to market with performance applications for major industries that support and improve everyday life. The company delivers science-based solutions, by linking custom technology platforms to opportunities for customers. Momentive Performance Materials Inc. is an indirect wholly-owned subsidiary of Momentive Performance Materials Holdings LLC. Additional information is available at http://www.momentive.com.

About Momentive Momentive Performance Materials Holdings LLC is the ultimate parent company of Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (collectively, "Momentive"). Momentive is a global leader in specialty chemicals and materials, with a broad range of advanced specialty products that help industrial and consumer companies support and improve everyday life. The company uses its technology portfolio to deliver tailored solutions to meet the diverse needs of its customers around the world. Momentive was formed in October 2010 through the combination of entities that indirectly owned Momentive Performance Materials Inc. and Hexion Specialty Chemicals Inc. The capital structures and legal entity structures of both Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. (formerly known as Hexion Specialty Chemicals, Inc.), and their respective subsidiaries and direct parent companies, remain separate. Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. file separate financial and other reports with the Securities and Exchange Commission.Momentive is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Momentive and its products is available at http://www.momentive.com.

*Silsoft and SilForm are trademarks of Momentive Performance Materials Inc.

Media Contact Nancy Pitts +001-203-801-0836 Nancy.Pitts@momentive.com Ed Farris +001-518-533-4735 Ed.Farris@momentive.com

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New Technology from Momentive Performance Materials Focuses on Fastest Growing Trends in ...

TEL AVIV, Israel--(BUSINESS WIRE)--

Citi (C) was awarded a mandate to provide fund administration services for Phoenix Pension & Provident Funds, Limited (Phoenix), to support their new personal provident fund offering, a form of retirement savings through defined contribution schemes.

Phoenix is one of the leaders in the industry of personal provident funds in Israel. Motti Dahan, CEO, Phoenix said: We selected Citi to provide administration services because of its robust operational platform, its global network and ability to leverage the best practices of its fund services business in support of our new funds. Citis profile matches the needs of our clients and the high standard of service we provide. Phoenix is leading the industry of personal provident funds and I am convinced that the cooperation with Citi will bring great benefits to our clients and maintain the leading edge position of our company.

Citi launched fund administration services in Israel in March 2012 and this mandate represents Citis first fund administration agreement with a local institutional asset manager. With a local presence since 2000, Citi currently has over 150 employees in Israel.

One of Citis strengths is our ability to offer a wide range of products and services to support the needs of our clients and provide them with tailored solutions, said Ralph Shaaya, CEO, Citi Israel. We are pleased to announce this first mandate for fund administration services and look forward to continuing to grow our business.

Sanjiv Sawhney, Global Head of Fund Services, Citi Transaction Services added: This deal illustrates Citis ability to combine global resources and practices with local expertise to offer our clients best-of-breed solutions. I am confident that this will prove to be a valuable fund administration model for our clients in Israel.

Citi is a leading global service provider to the fund industry with over $1.5 trillion in assets under fund administration. In addition to its award-winning fund administration services, Citi offers fund and partnership accounting, transfer agency and distribution support, alternative investment services and a full suite of asset manager solutions through Citi OpenInvestorSM.

Citi OpenInvestor is the investment services solution for todays diversified investor, combining specialized expertise, comprehensive capabilities and the power of Citis global network to help clients meet performance objectives across asset classes, strategies, and geographies. With an on-the-ground presence in over 95 countries and over $13 trillion in assets under custody, Citi offers award winning service and unmatched scale. Citi provides complete investment services for institutional, alternative, and wealth managers delivering middle office, fund services, custody, investing and financing solutions focused on clients specific challenges, customized to their individual needs.

###

About Citi

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Citi Awarded Mandate to Provide Fund Administration Services for Phoenix Personal Provident Funds

AGOURA HILLS, CA--(Marketwire -05/30/12)- As the outdoor industry's sole manufacturer of truly all natural, organic performance wear, Gramicci recently received independent testing confirming the brand's Natural Performance Technology (NPT) apparel performs as well, or better than, chemically-treated cottons or petroleum-based synthetics.

SGS (www.sgs.com) testing compared Gramicci NPT shirts against popular market leaders' chemically-treated performance cottons and petroleum-based synthetic performance knitwear. Test results conclusively established that Gramicci products excelled in areas of moisture absorption, breathability, dry time, comfortable body-temperature maintenance and odor elimination.

Three years after launching Natural Performance Technology, Gramicci regularly hears from hundreds of climbers, hikers, runners, endurance racers and other athletes who say NPT is their new go-to performance apparel of choice.

"The retailer doesn't know or doesn't believe performance wear can be natural or organic. We are the only brand making performance apparel that is truly all natural and organic," said Gramicci President Marty Weening. "Consumers don't have to settle for active wear that's been chemically treated to add performance -- nature has already provided us with hemp and organic cotton. Our proprietary weave results in, a tested, outstanding all natural, organic performance wear."

Gramicci introduced NPT fabrics with a modest selection of men's and women's separates in 2010. Now NPT collections have been further refined and expanded by 160 percent. The active wear collections are geared at anyone from a high-performance sports enthusiast to a consumer looking for fashionable, sustainably produced lifestyle clothing.

The raw materials for Gramicci NPT garments are grown without pesticides or insecticides that poison the earth, water sources and the humans that harvest it. There is little to no shrinkage, no twisting or torqueing of side seams. The NPT series is dyed with Gramicci's low-impact Bastion dye process creating Gramicci's signature "perfectly imperfect" look, and now, complete with performance that is all natural.

Lifestyle of Health and Sustainability (LOHAS) research confirms Weening's thoughts, showing some $290 billion spent annually for goods and services focused on health, the environment, social justice, personal development and sustainable living in the U.S.

Gramicci's organic products have received certification from GOTS, OE Blended and OE 100 certified. Gramicci is also a fair labor manufacturer assuring fair wages, clean work environments and zero-tolerance child labor policies. http://www.gramicci.com.

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Gramicci Sets New Industry Standard for Performance Wear

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28-05-2012 16:20 The Blog Entry that Accompanies this Vlog is at: My Daily Blog is at: My channel at BlogTV is: Ok. We've got the previous money management principles down. Now we just want to jump into using them to trade the Forex, the Stock Market, to Day Trade with, or to use in the Commodity Futures arena. Not so fast. How do we take everything we've discussed thusfar in regards to Money Management Principles, and putting them in an easy to read format? We discuss that in this video . . . NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc

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Money Management: Performance Analysis - Video

Video Link: https://www.youtube.com/watch?v=XTVZwE5dae4

29-05-2012 01:57

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2012 Make Windows 7- 8 services Faster and its Performance. - Video

Video Link: https://www.youtube.com/watch?v=DyJLaDAiTyU

29-05-2012 09:01 Game Shape Physical Therapy and Sports Performance Center provides physical therapy, personal training, massage and fitness memberships for Manalapan NJ. Call 732-617-8090.

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Game Shape Physical Therapy and Sports Performance Center - Video

Video Link: https://www.youtube.com/watch?v=pOw5i86lSDw

29-05-2012 09:49 Described by the Examined Life Institute as one of Australia's most outstanding writers and commentators, Nigel Marsh speaks from direct personal experience, giving his views on communication, change, and work/life balance. Nigel is renowned CEO and performance coach and best-selling author of Overworked and Underlaid: A Seriously Funny Guide to Life and Fat, Forty and Fired.

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Nigel Marsh - Inspiring Speaker on Work-Life Balance and Peak Performance - Video