Year-to-date operating income from the diversified companies
, including the tax credit on coalbed methane, increased 7 percent to $41.
Diamond also serves as Chairman of True North Diversified Companies
, a division of True North Communications (NYSE:TNO), a global marketing firm with revenues in excess of $1.
Guzzle said, "TECO Energy's earnings for the six-month period were down despite improved operating results from our diversified companies
Umberto Quadrino, who was also co-chairman, left the company to become executive vice president of the Fiat Group with responsibility for Fiat's automotive components and industrial diversified companies
in Turin, Italy, while Pei-yuan Chia, former vice chairman, Citicorp and Citibank, N.
Guzzle, chairman and CEO, said the 10-cent increase in earnings per share resulted from increased profits by TECO Energy's diversified companies
and favorable income tax adjustments, which more than offset a slight earnings decline at Tampa Electric.
True North has three major advertising agencies -- Foote, Cone & Belding Worldwide and Bozell Worldwide, both global, and Temerlin McClain, a strong national agency -- and a Diversified Companies
In addition to further expanding FCB's leadership positions in key international markets, True North said that it will continue to build its Diversified Companies
brands with a focus on making BSMG Worldwide and Marketing Drive Worldwide global leaders in public relations and marketing services, respectively.
True North has three major advertising agencies - Foote, Cone & Belding Worldwide and Bozell Worldwide, both global, and Temerlin McClain, a strong national agency - and a Diversified Companies
Clarke remarked, "While the Diversified companies
have generally different characteristics than our core group, they benefit from having a high degree of positive cash flow.
Our new agreement extends the work we're doing within FCB and TN Media, and now provides access to Monitor-Plus throughout True North, including the Bozell Worldwide agency network as well as True North Diversified Companies
Proxima Gas is an infrastructure development and investment company with operations in Baja California and throughout Mexico, whose stockholders are a group of Baja California businesspeople with diversified companies
As a founder of one of Europe's larger diversified companies
, he will bring great insight and experience to the USI team.