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Tampa Media Report 10/20/16
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J&J opens new global services center
Oct 20, 2016 | BioSpectrum
Johnson & Johnson (J&J) officially opened the doors of the new Johnson & Johnson Global Services delivery center in Tampa, Florida, fulfilling the commitment the company announced in August 2015 to establish their best-in-class site in the state. -
Sh*t Happened 10/20/16: Polk inmate forces cop on joyride, local nurses save man on flight
Oct 20, 2016 | Creative Loafing Tampa Bay
By Scott Harrell
Brief mention of the Global Services Center opening. Relevant portion highlighted below. -
3 reasons Johnson & Johnson picked Tampa for a global services center (Video)
Oct 19, 2016 | Tampa Bay Business Journal
By Margie Manning
The Tampa workforce has three characteristics that drew Johnson & Johnson to the area. Well-educated millennials, people further along their career path and multilingual workers were key in the health care company’s decision to locate its Global Services delivery center in Tampa, said Dominic Caruso, chief financial officer at Johnson & Johnson (NYSE: JNJ). -
Incentives make it back into the Florida governor’s budget
Oct 19, 2016 | Tampa Bay Business Journal
By Margie Manning
Despite a stinging rebuke by the Florida Legislature of a business incentives package earlier this year, Gov. Rick Scott once again will try to persuade lawmakers to approve funding to attract companies to the state. Scott said he will include $85 million for business incentives in his budget package for the upcoming legislative session. -
Leaders celebrate new Johnson & Johnson center — and 500 Tampa jobs
Oct 19, 2016 | Tampa Bay Times
By Jerome R. Stockfisch
Lauding the city as "a magnet for well-educated millennials," executives from Johnson & Johnson were joined Wednesday by Gov. Rick Scott and Tampa Mayor Bob Buckhorn in formally opening the company's new North America Global Services Center, which will ultimately employ 500 people by 2020. -
ANALYSTS’ RECOMMENDATIONS STOCKS TRADERS ALERT: ADVANCED MICRO DEVICES, INC. (NASDAQ:AMD) & JOHNSON & JOHNSON (NYSE:JNJ)
Oct 20, 2016 | News Is Money
Brief mention of the Global Services Center opening in the context of company stock. Relevant portion highlighted below. -
Afternoon Update
Oct 19, 2016 | Tampa Bay Times
Brief mention of the Global Services Center opening in the Tampa Bay Times's Afternoon Update. Relevant portion pasted below.
Traditional Media Coverage
Full Text of Stories Below
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J&J opens new global services center
Oct 20, 2016 | BioSpectrum
Johnson & Johnson (J&J) officially opened the doors of the new Johnson & Johnson Global Services delivery center in Tampa, Florida, fulfilling the commitment the company announced in August 2015 to establish their best-in-class site in the state.
The new 88.5 thousand square foot building is a state-of-the-art facility that opens with 240 Johnson & Johnson Global Services employees. By 2020 the company expects to locate 540 people in the center.
Johnson & Johnson chose Tampa as its North America hub due to the availability of highly educated talent in the fields of Finance, Operations, Information Technology, Procurement and Human Resources.
"We celebrate opening this new center as the latest advancement in the proud history of the world's largest and most broadly-based health care company," said Erin Champlin, Vice President of Johnson & Johnson Global Services. "This new center expands our strong business presence within the state of Florida and we are excited to be a more active member of this vibrant Tampa community."
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Sh*t Happened 10/20/16: Polk inmate forces cop on joyride, local nurses save man on flight
Oct 20, 2016 | Creative Loafing Tampa Bay
By Scott Harrell
Need something to temporarily wash the taste of politics out of your psychic mouth? Fair season officially kicks off today, with the opening of the Hillsborough County Fair! When you get out of work, go get an elephant ear and win yer sweetie a giant stuffed raccoon, and we'll circle back around to the soul-sucking tediousness of reality when you're ready. But first:
A Polk County inmate on a work crew got his hands on a knife, kidnapped a cop, and absconded in a city vehicle before being re-arrested in St. Pete. Sing it with me: "Aaaand nobody shot hiiiiim/because he was whiiiiiite..."
This wonderful story broke yesterday about three Bay area nurses who saved a man's life on a flight from Los Angeles to Atlanta. There is indeed grace and goodness in the world, it's just not running for office this year.
And finally, Johnson & Johnson is bringing a "North America Global Services Center" and 500 jobs to Tampa. I'm sure there are plenty of "well-educated millennials" who can't wait to go to work for a company that lost a lawsuit over its talcum powder causing cancer, because if there's one thing I never see the kids doing, it's being passionate about corporate ethics and social justice.
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3 reasons Johnson & Johnson picked Tampa for a global services center (Video)
Oct 19, 2016 | Tampa Bay Business Journal
By Margie Manning
The Tampa workforce has three characteristics that drew Johnson & Johnson to the area.
Well-educated millennials, people further along their career path and multilingual workers were key in the health care company’s decision to locate its Global Services delivery center in Tampa, said Dominic Caruso, chief financial officer at Johnson & Johnson (NYSE: JNJ).
“Tampa has a great pipeline of entry level talent. It’s very important to us to attract that entry level talent. Last year, about one-quarter of Johnson & Johnson’s new hires last year were young professionals under the age of 35,” said Caruso, speaking at a ribbon-cutting ceremony for the new facility. “Tampa also provides a great source of managerial level talent due to the presence of other shared service providers in the community.”
He also cited the diversity of talent, including multilingual speakers who are an important addition for the company’s global reach.
The services center brings together human resources, finance, procurement and information technology professionals, said Erin Champlin, vice president of Johnson & Johnson Global Services.
The workforce is key to Johnson & Johnson’s success, Champlin said.
“For all of the scientific breakthroughs and medical miracles, for all the devices that have reclaimed millions of people’s lives, for all of the iconic brands of this great company, in the end our real difference, our real secret ingredient, is and always has been our people,” Champlin said.
There are currently about 250 workers at the new global services center, an 88,500-square-foot facility at 8800 Grand Oak Circle in the Hidden River Corporate Park. The company expects more than 500 workers there by 2020, Caruso said.
Johnson & Johnson is in line for nearly $7 million in state and local incentives if it creates all the jobs it has promised to bring to the area. The new jobs are expected to pay an average wage of at least $75,000.
View video clip here: http://www.bizjournals.com/tampabay/news/2016/10/19/3-reasons-johnson-johnson-picked-tampa-for-a.html
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Incentives make it back into the Florida governor’s budget
Oct 19, 2016 | Tampa Bay Business Journal
By Margie Manning
Despite a stinging rebuke by the Florida Legislature of a business incentives package earlier this year, Gov. Rick Scott once again will try to persuade lawmakers to approve funding to attract companies to the state.
Scott said he will include $85 million for business incentives in his budget package for the upcoming legislative session.
Incentives work, Scott said, speaking at a ribbon cutting for Johnson & Johnson’sGlobal Services delivery center in Tampa.
“We’ve won over 500 competitive projects since I got elected. Companies like Johnson & Johnson, USAA, a variety of projects around the state,” said Scott.
It’s key to Scott that incentives provide a good return for taxpayers.
“So this year in my budget I’m going to put in $85 million for incentives, but I’m going to make sure taxpayers continue to get a return on their dollars,” he said.
Johnson & Johnson (NYSE: JNJ), a global health company, is in line for nearly $7 million in state and local incentives if it creates all of the high-paying jobs it has promised to bring to the new facility in the Hidden River Corporate Park.
The incentives were a factor in the company’s decision to locate in Tampa, but not the only factor, said Erin Champlin, vice president of Johnson & Johnson global services.
“We were looking for a place to do business that would be in an economically stable great place to work. The tax incentives certainly made that attractive,” Champlin said. “We also looked at availability of talent, location and proximity to the rest of our businesses.”
Johnson & Johnson has several other businesses in Florida — including its Human Performance Institute in Orlando and its Vision Care business in Jacksonville, where the Johnson & Johnson board of directors is scheduled to meet Oct. 20.
“The state’s been good to us so we wanted to leverage that infrastructure,” Champlin said.
Johnson & Johnson currently has about 250 workers at the new Tampa facility and expects to have more than 500 at the site by 2020.
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Leaders celebrate new Johnson & Johnson center — and 500 Tampa jobs
Oct 19, 2016 | Tampa Bay Times
By Jerome R. Stockfisch
Lauding the city as "a magnet for well-educated millennials," executives from Johnson & Johnson were joined Wednesday by Gov. Rick Scott and Tampa Mayor Bob Buckhorn in formally opening the company's new North America Global Services Center, which will ultimately employ 500 people by 2020.
"J & J chose Tampa because of the quality of the people here — people with experience in business services. Smart, talented people. People with multilingual capabilities," Erin Champlin, the company's vice president of global services, told hundreds of employees and guests.
The state and the company announced last year that Johnson & Johnson would create jobs averaging at least $75,000 and make a capital investment of $23.5 million into the region. That made the New Brunswick, N.J., company eligible for state and local incentives of up to $6.4 million as it delivers on the promised jobs and wages.
There are already 240 employees at the center, in the Hidden River Corporate Park off E Fletcher Avenue and Interstate 75. J & J has leased the first five floors of six-story Hidden River Corporate Center One. Many of the jobs will be in human resources, accounting, information technology and other back-office jobs.
Dominic Caruso, Johnson & Johnson's executive vice president and chief financial officer, repeated the "millennial magnet" boast Buckhorn first used at the August 2015 announcement of the deal. But the city's cheerleader-in-chief had plenty more to tout.
"This is a place that three out of the last five years has led the state in number of new jobs being created," Buckhorn said. "This is a place that young people are flocking to. Where intellectual capital is coming, wanting to be a part of this. This is that place in America that the best and brightest want to be a part of."
Johnson & Johnson is one of the most recognized brand names in the world. Its consumer health care products include its eponymous baby shampoo and lotion, Band-Aid adhesive bandages, Listerine mouthwash and Tylenol pain reliever.
The move adds to an already significant footprint for the company in Florida. Its Vistakon eye care business is based in Jacksonville and its surgical, consumer and pharmacy businesses are in South Florida, which serves as a hub for Latin America.
"They're going to continue to grow because we're going to continue to make sure we have the right talent, the right taxes, the right regulation, and we're going to continue to make sure J & J wants to add more and more jobs," Scott said.
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Oct 20, 2016 | News Is Money
On Wednesday, Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)gained 0.59% to $6.77. The share price is trading in a range of $6.57 – 6.80. The stock exchanged hands with 29.42 million shares contrast to its average daily volume of 45.02 million shares.
On Thursday, October, 19th, Advance Micro Devices (AMD) will release its third quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and has a Value, Growth, and Momentum score of B.
AMD is expected to report earnings of -$0.01 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 36.36% at -$0.07 per share, beating estimates of -$0.11 per share. (Source: ZACKS)
Advanced Micro Devices, Inc. (NASDAQ:AMD) have shown a low EPS growth of -27.10% in the last 5 years and has earnings growth of 136.10% yoy. Analysts have a mean recommendation of 2.90 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). The stock appeared -15.38% below its 52-week highs and is up 0.3% for the last five trades.
Shares of Johnson & Johnson (NYSE:JNJ) declined -0.71% to $114.59. The share price of the stock surged 16.64% for the year.
Johnson & Johnson (JNJ) officially opened the doors of the new Johnson & Johnson Global Services delivery center in Tampa, Florida, fulfilling the commitment the company declared in August 2015 to establish their best-in-class site in the state.
The new 88.5 thousand square foot building is a state-of-the-art facility that opens with 240 Johnson & Johnson Global Services employees. By 2020 the company anticipates to locate 540 people in the center. Johnson & Johnson chose Tampa as its North America hub because of the availability of highly educated talent in the fields of Finance, Operations, Information Technology, Procurement and Human Resources.
Analysts give JNJ a mean recommendation of 2.50. The company has dropped -8.51% in past 3 months and in the last five trades has moved down -2.87%. The stock has earnings growth of -10.90% yoy and showed a high EPS growth of 2.80% over the past five years. The stock’s price moved up its 200-day moving average of $117.58. The stock is presently trading down its SMA-50 of $118.44.
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Oct 19, 2016 | Tampa Bay Times
LEADERS CELERATE NEW JOHNSON & JOHNSON CENTERLauding the city as "a magnet for well-educated millenials," executives from Johnson & Johnson were joined Wednesday by Gov. Rick Scott and Tampa Mayor Bob Buckhorn in formally opening the company's new North America Global Services Center, which will ultimately employ 500 people by 2020.
View full article here: http://www.tampabay.com/incoming/afternoon-update-follow-our-live-fact-check-of-tonights-presidential/2299236
Traditional Media Coverage
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