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Coriant Looks To Increase Profits With Shaygan Kheadpir

The technology and optical networking brand Coriant has recently been undergoing a major company review as it seeks out the best ways of maximizing its profits for the future. Technology industry veteran Shaygan Kheradpir has been at the forefront of the review after being employed by the parent company of Coriant, Marlin Equity Partners, which has resulted in the former Verizon executive taking up the role of CEO with Coriant.

Shaygan Kheradpir initially arrived at Coriant to act as a consultant tasked with the job of finding areas where profits were not being generated to their maximum level. Kheradpir has gained a reputation for being something of an expert in finding areas where costs can be cut and profits improved; this reputation began with his first role as an executive with GTE Labs and Verizon, where the Cornell University graduate found new ways for cutting information technology costs to a level far below those seen as the standard for the industry.

Following the success Shaygan Kheradpir saw at Verizon he made the move to a new industry when he joined the board of the financial giant Barclay’s, becoming the first technology based executive to do so. Shaygan Kheradpir went on to become an important individual in the life of Barclay’s where he was responsible for the development of the Pingit mobile payments software that forms the basis of many similar products offered by other financial institutions.

As the market for optical transmission equipment and software for the mobile voice, text, and data industry continues to grow Coriant has been looking to develop new products in fiber optic cables that will position them even more strongly in the industry.

Check out Shaygan Kheradpir on LinkedIn

Securus Technologies Calls Upon An Independent Judge To Compare Its Services And Products To That Of GTL

Securus Technologies is one of the biggest inmate communication and security service provider for correctional facilities. It offers a variety of products that facilitate inmate communication and security monitoring for prison facilities. It also has products that help in criminal investigations and promotion of public safety. Their products incorporate evidence analytical tools that allow security personnel to tap into and listen to live phone calls and watch live video call. These analytical tools allow the user to assess critically evidence and come out with a possible criminal motive. Such products include the Thread 3.1.

Recently Global Tec-Link, Securus Technologies main competitor, resorted to offer litigation claiming that their products and customers services were at the same level with that of Securus Technologies. Securus Technologies had little to say on this and called for an independent judge, to analyze the two companies’ products and customer services and offer a verdict which was the best in the correctional security solutions industry and to begin with, if they were even at the same level.

Securus Technologies has state of the art innovations in the inmate communication sector such as Voice Over Internet Phones and video visitation platforms that make them be at the top of the industry. Recently Securus Technologies laughed the video visitation mobile application to the market. This application is supported by phones that have either the Android or Apple operating systems. The new video visitation mobile application is expected to increase Securus Technologies customer service and market penetration.

Securus Technologies also has the world’s largest Voice Over Internet Phones platform in the correctional facility industry, making them the leader in inmate phone calls. On the other hand, Global Tec-Link has a small connection to this platform, thus, more customers prefer Securus Technologies. Securus recently invested over $670 million to fund its development and innovative projects in the United States while Global Tec-Link only invested less than 10% of the same course. The expected outcome is that Securus Technologies will have a wide variety of products on the market in the near future brought about by this investment. Global Tec-Link which invested less in their innovate sector will have nothing or little to offer the market in terms of innovative products. From this, you can easily conclude that Securus Technologies are far ahead of Global Tec-Link in all aspects of the correctional security solutions industry.

Links.
http://www.securustechnologies.com/en

Kevin Seawright: Newark Community Economic Development Corporation

Kevin Seawright is financial and administrative operations leader and for over thirteen years has used his proficiency in finance to improve communities on the East Coast. Kevin is currently working for Newark Community Economic Development Corporation (Newark CEDC) as Senior Vice President and Chief Financial Officer. The corporation works with the Economic and Housing Development of Newark to maintain economic development in the city. Founded in 2007 the company was formerly known as the Brick City Development Corporation, but was redesigned in 2014 and changed to Newark CEDC. The aim of the establishment is to attract and enhance businesses in the twenty neighborhoods of the city. They provide grants, real estate development loans, and business counseling services for entrepreneurs and small businesses.

Kevin spoke about his work at Newark Community Economic Development Corporation in a recent interview on the Local Talk News. In September 2014, he was appointed the Senior Vice President and Chief Financial Officer. Kevin also told World Class Magazines the primary goal for the corporation is assisting small businesses in the community including markets, clothing stores and jewelry shops. They help the companies by providing small businesses loans.

Newark CEDC works alongside other Economic Development Corporations and some banks to assist businesses in obtaining funding. The organization supports all good small business plans in achieving the assistance they need, but they must be located in Newark. That’s why it was such a smart move for the NCEDC to hire Seawright.  The company can offer loans of up to twenty-five thousand dollars to help the small businesses. For loans of more than twenty- five thousand dollars, CEDC will assist in partnering the new company with other financial organizations.

Kevin says on Twitter he feels Newark CEDC is an important component in the assistance and success of small businesses in Newark because the agency offers help with financial documentation and training in tax reporting. Follow Kevin via his SoundCloud profile to pick up on what else he’s got going on.

The Political Influence of Charles Koch

Recently in news, Charles Koch has sat down to a rare interview for the purpose of discussing his current goals for the presidential election of 2016. Charles Koch is the current co-owner of Koch Industries alongside his brother David. Koch Industries is a family business that specializes in oil refining to create usable and popular products that are safe and durable.

The Koch brothers have both political as economic influence which has been observed through their heavy influence in the 2012 election. In 2012, Charles supported the Mitt Romney campaign with over $400 million in funding. Though Mitt Romney lost, the Koch brothers are ready for the 2016 election with over $900 million collected from investors to use for a Republican candidate for the 2016 election.

Charles Koch sat down to discuss the election and was not hesitant to call out one candidate in particular as being unfit to be president of the United States. This candidate is Donald Trump who is a self-funded businessman who is running on the Republican side of the election. The Koch brothers’ are in open disagreement with the Koch brothers about his policies on taxes, foreign policy, as well as on trade. The Koch brothers believe that Donald Trump lacks diplomacy as many international organizations and nation-states have protested him running for president.

Charles Koch is in disagreement with Donald Trump due to his lack of respect for the United States’ ideology of universal freedom. They believe that this ideology will soon disappear if Mr. Trump creates a law for Muslims to register their religion before coming into the United States. In addition to this, they are not fans of his aggression nor for his lack of diplomacy. The Koch brothers predict that with Mr. Trump as president, they will lose trade with different countries.

The Koch brothers are currently launching a campaign to discredit Donald Trump as a candidate by highlighting his shady business deals as well as his bankruptcy. Charles Koch has the intention of discrediting him as a presidential candidate as he would run the country such as he would run his own business.

The Many Interests of Sam Tabar

To look at Sam Tabar, your first thought might be that he is a handsome young man. However, in reality, he is so much more! Sam Tabar was smart to complete his education at an early age, which provided the foundation he needed for a variety of interests. Some folks know Sam as a financial strategist, and others are familiar with his legal background as an attorney. Yet many people also admire him for his charity work and concern for others.

Education

About.me indicates that Sam began his education in 2000, when he attended Oxford University, where he completed his bachelor of arts degree with honors. Later, he would also attend Columbia Law School. In addition, he would work for the Columbia Business Law Review as their associate editor.

Careers

Tabar would get his start in the law profession at Skadden, Arps, Slater, Meagher and Flom LLP in 2001, where he would work as an associate. His responsibilities included advising clients, gathering information on hedge funds and working with investment management promotions.

By the year 2004, Sam’s interests would lead him to finance, where he joined the Sparx Group in the PMA Investment Advisors division. While working at Sparx, he helped to raise more than one billion dollars in assets and worked closely with the CEO and founding partners of the company.

Six years later, Sam became a director for the Asia-Pacific region at America Merrill Lynch. There, he counseled clients in hedge funds, pensions and foundations.

In 2013, he left the financial world to go back to a legal career working for Schulte Roth & Zabel LLP. As one of the senior associates, he counseled a number of clients on investment agreements, regulatory issues and hedge funds.

Today, Sam Tabar is the chief executive officer at Full Cycle Fund.

New Interests

Surprisingly, after working in the legal and financial fields for so many years, Sam found himself involved with some new interests.

By chance, Sam became involved with a company called THINX. Initially, a friend of his introduced him to the founders of THINX. After meeting with Mikki and Antonia, he was impressed and decided to invest in the company.

The startup company has developed recyclable sanitary pads that provide an ideal solution for African women. Up until this time, most African women stayed home during their monthly menstrual cycles because they lacked sanitary pads.

Consequently, he devotes much of his time to African wellness initiatives dealing with AIDS to improve the lives of children in Africa. Sam believes, if we raise awareness about the conditions in Africa, we can work together to make a difference.

Highland Capital Management: Rearranging Investments

Highland Capital Management was created out of the GIC subsidiary of Protective Life. James Dondero and Mark Okada founded the joint venture and concentrated on fixed income markets. Several years later, the venture changed into Protective Asset Management Company, and investment advisor. The the time Protective Life owned 60 percent and Okada and Dondero owned 40 percent. By 1997, the company was really starting to take off and so Dondero and Okada purchased Protective Life’s stake and slowly turned the venture into Highland Capital Management.

By 2000, Jim and Mark helped the firm to develop an investment 40 act platform that would act as an alternative, as well as establishing the first commingled bank loan fund.

Before Jim Dondero started his own fund, he got experience in a variety of positions. James worked as a portfolio manager and a corporate bond analyst. He worked for the Morgan Guaranty training program and then American Express. This was all after he had graduated with honors from the University of Virginia with a dual degree in accounting and finance.

The firm’s activities were recently reviewed by Octa Finance. The online newspaper did an analysis of of Highland Capital Management’s 13F for the third quarter of 2015. Octa Finance found quite a few changes that had been made in the fund’s portfolio. One of the increases was the fund’s increased positions. The firm now has 204 million dollars invested in American Airls Group Inc. It has 87 million dollars in Patterson Companies Inc, 5 million dollars in Kinder Morgan Inc Del, 54 million dollars in Corning Inc and 54 million dollars in Salesforce Com Inc.

Highland Capital Management also sold several stocks, including Nexpoint Cr Strategies Fd, Envision Healthcare Hldgs In, Spdr Series Trust, Mckesson Corp and Laboratory Corp Amer Hldgs. These securities made up nearly 8 percent of the fund’s portfolio and the 13F did not give any indication as to why the fund decided to lessen their position in the stocks but it was probably either due to there being a better place for the fund’s capital, the value of the stocks or the momentum.

Follow Jim on Facebook and Twitter to stay up to date on Highland Capital’s holdings.

If you would like to read the entire article, click here: http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/