Stocks up as investors await reports
DPI expands sales force with Catalyst
Comfort Keepers hires Linda E. Bambino
Phone company urges: Call before you dig
NEW YORK - Stocks edged higher Tuesday as investors refrained from major moves ahead of first-quarter earnings reports that began with Alcoa Inc.'s results after the closing bell. A modest increase in the Dow Jones industrials marked the eighth-straight win for the blue chip index, its longest such streak since 2003. Aluminum producer Alcoa reported a better-than-expected first-quarter profit, pleasing investors who bid the company's stock up in after-hours trading. Tuesday was the second day in a row that stocks showed little overall movement as investors awaited news of how companies fared during the first quarter, and also their expectations for the coming quarters. In the fourth quarter, Standard & Poor's 500 companies snapped an 18-quarter streak of double-digit profit gains, and Wall Street expects profit growth to remain in the single digits for the first three months of the year. The Dow rose 4.71, or 0.04 percent, to 12,573.85. Broader stock indicators edged higher. The S&P 500 rose 3.78, or 0.26 percent, to 1,448.39, and the Nasdaq composite index advanced 8.43, or 0.34 percent, to 2,477.61.
PINEY FLATS - Diversified Power International of Piney Flats has expanded its sales force and geographic outreach by adding the services of Catalyst Sales Inc., a professional sales organization. A 10-year-old manufacturer of battery chargers, DPI is known for its innovative technology and the ability to customize battery charging systems. By affiliating with Catalyst, DPI will be positioned to access markets in the Midwest, particularly those in Ohio, DPI President Jerry Fagan said. "Up until now, we have largely focused on markets in the Southeast, but we are ready to branch out to new territories," said Fagan. "Our partnership with Catalyst literally will double our sales force and help us to grow our business." Catalyst is based in Gibsonia, Pa., with offices in Cleveland and Cincinnati, Ohio; Livonia, Mich.; and Indianapolis. DPI is also affiliated with Pinnacle Marketing Inc., another sales organization based in Raleigh, N.C., that markets to customers and distributors in the Southeast. Together, Catalyst and Pinnacle provide DPI with a sales force of about 20 individuals.
KINGSPORT - M.D. and Elvera McCue, owners of the local branch of the national Comfort Keepers franchise, recently announced the appointment of Linda E. Bambino as operations manager. More than 500 Comfort Keepers in the United States provide in-home services on an hourly basis tailored to an individual's needs. Services include companionship, meal preparation, light housekeeping, grocery shopping, incidental transportation, laundry and recreational activities. Bambino will provide in-office support managing the day-to-day management of operations for the company. Bambino completed her master's degree in health care communication at East Tennessee State University in 2006, served as the business developmental director for a medical clinic in the late 1990s, and had a long career in nursing since the 1980s.
With the arrival of spring and increased construction activities, Embarq is reminding the construction industry, gardeners or anyone working in their own yard to protect their community by calling their local one-call agency before digging or disrupting the ground in any way. The Tennessee One Call System is available at www.tnonecall.com and 1-800-351-1111. For Virginia call 1-800-552-7001 or visit www.missutilityofvirginia.com. "We typically see an increase in cable cuts during the spring months," said Jim Hansen, senior vice president of network services at Embarq, which provides local phone services in the region.