New Jersey Briefs
Friday, August 15, 2008 1:52 PM
Symbols: ADP
(Source: Record, The; Bergen County, N.J.)trackingMWW Group to do Gold's Gym PR

EAST RUTHERFORD MWW Group, one the nation's largest public relations firms, said it has been retained by Gold's Gym International as the company's public relations agency of record. As agency of record, MWW Group will develop a national communications program including media relations, internal communications, event marketing, partnership development and franchise support.

Gold's Gym, established in Venice, Calif., in 1965, has more than 620 locations in 43 states and 30 countries.

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Aluminum distributor's sales slip

FORT LEE Empire Resources Inc., a distributor of aluminum products to three continents, said Thursday net income for the second quarter declined 5 percent to $1,068,000, or 11 cents a share, from $1,125,000, or 11 cents, a year ago. Sales slid 11 percent to $104.2 million from $116.8 million.

Empire Resources distributes aluminum products to customers in the distribution, transportation, automotive, housing, appliance and packaging industries in the U.S., Canada, Australia, New Zealand and Europe.

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Security company doubles income

FAIR LAWN Henry Bros. Electronics Inc., a turnkey provider of technology-based integrated electronic security solutions, said second-quarter net income climbed twofold to $337,261, or 6 cents a share, from $150,044, or 3 cents, from the same period a year ago. Revenue rose 12 percent to $15.1 million from $13.5 million a year ago. The company said revenue rose based on "a significant increase in revenue as a result of work completed on contracts for several large public agencies in the New York metropolitan area. Revenue improvement from the Arizona and Virginia subsidiaries also contributed to the company's top-line growth in the second quarter of 2008."

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ADP payroll company to buy shares

ROSELAND The board of Automatic Data Processing Inc., the payroll and benefits company, authorized the purchase of an additional 50 million shares of its common stock, Gary C. Butler, president and chief executive officer, said Thursday.

This is in addition to the 8.6 million shares remaining to be acquired under previous share repurchase authorizations resulting in a total authorization of 58.6 million shares. ADP currently has 510 million common shares outstanding.

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Wiley inks Bogle to multi-book deal

HOBOKEN John Wiley & Sons Inc., a publisher of investment books, on Thursday announced the signing of a multiple-book deal with John C. Bogle, founder of The Vanguard Group, author and an influential leader in investing.

Considered by many to be the "Father of Index Investing," Bogle has been cited for his work by financial luminaries including Warren Buffett, Paul Samuelson and Bill Gross. In accordance with his custom, Bogle will donate all of his book royalties to charity.

The first book, "Enough," is scheduled to be published in November 2008. The second book is titled "Jack Bogle Speaks" and is scheduled for publication in the fall of 2009.

By The Record's staff

(c) 2008 Record, The; Bergen County, N.J.. Provided by ProQuest LLC. All rights Reserved.


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