BNET Industries
Market Cap:$233.5M
Last Fiscal Year Sales:$29.1M
- Public
- US
Dow Jones Description
Investment Fund
President
Clifford M. NoreenContact Information
c/o Babson Capital Management LLC 1500 Main St Ste 600
Springfield, Massachusetts 01115
(413) 226-1516
Peer Companies
NAICS Code Floor Covering Stores: 442210
News & Analysis
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mci inc. and verizon communications inc. - All News and Analysis
In Our Opinion: AT&T, MCI Verizon Continues To Harvest Customers
- 2007-02-20
The following feature is part of a larger report just released by activist group TeleTruth. Telecom Policy Report welcomes your comments on this subject. Please send them to Debra Wayne at dwayne@accessintel.com. In 2001, AT&T and MCI had 62 percent of households using their long- distance service. What...
Justice near OK of AT& T-BellSouth deal with no restrictions
- 2006-10-11
The Justice Department is expected to clear AT&T's $67 billion purchase of BellSouth as early as today without requiring any divestitures, say people with knowledge of the matter. Justice could still shift course and require some last-minute concessions, these people say. But the department typically acts on telecom mergers before...
Research and Markets: In The United States, Recent Years Have Seen a Significant Degree of Consolidation amongst Telecommunications Operators Such As MCI Agreed To Be Acquired By Verizon Communications
- 2006-10-05
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c43088) has announced the addition of United States Telecommunications Market Intelligence Report to their offering
In The United States, Recent Years Have Seen a Significant Degree of Consolidation amongst Telecommunications Operators Such As MCI Agreed To Be Acquired By Verizon Communications.
- 2006-10-04
M2 PRESSWIRE-4 October 2006-Research and Markets: In The United States, Recent Years Have Seen a Significant Degree of Consolidation amongst Telecommunications Operators Such As MCI Agreed To Be Acquired By Verizon CommunicationsC1994-2006 M2 COMMUNICATIONS LTD RDATE:06102006 Dublin - Research and Markets...
Verizon profit dips on merger costs
- 2006-05-02
NEW YORK AFP — Verizon Communications said first-quarter profits slipped 11 percent from a year ago after the cost of upgrading its network and integrating the recently acquired MCI business. The second-largest US telecom group posted a profit of 1.6 billion dollars, or 56 cents a share. But...
MCI Center in Washington, D.C., officially renamed Verizon Center
- 2006-03-07
MCI Center, home of the Washington Wizards, Capitals, Mystics and Georgetown basketball, was officially renamed Sunday, eight years after its opening spurred a revitalization of downtown. The arena is now known as Verizon Center. A 20-year naming contract signed in 1995 was transferred to Verizon Communications Inc. in its $8.5...
Verizon and MCI close merger, creating a stronger competitor for advanced communications services
- 2006-02-01
TOP NEWSTOP NEWS
Fitch Affirms Verizon Communications Ratings; Upgrades MCI
- 2006-01-04
CHICAGO -- Fitch Ratings has affirmed the 'A+' issuer default rating IDR assigned to Verizon Communications, Inc. Verizon and removed it from the Rating Watch Negative, where it was placed on Feb. 14, 2005, following the announcement of the acquisition of MCI, Inc. MCI. A Stable Rating Outlook has been...
Looking Back: The Telecom Year In Review
- 2006-01-02
How 2005 Did And Didn't Shape Up Welcome to 2006. Right after New Year's Day is a traditional time for reflection, so Telecom Policy Report once again offers a glimpse at the past year's highlights (TPR, Dec. 22, 2004). The 2005 regulatory and legislative scene saw...
Verizon set to close MCI acquisition.(News)
- 2006-01-02
Verizon Communications Inc. said it has completed all the state, federal and international approvals needed to close on its acquisition of MCI. The company recently received its final necessary approval from the Washington Utilities and Transportat Verizon Communications Inc. said it has completed all...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Clifford M. Noreen | President |
| William J. Barrett | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald Glickman | Board of Directors |
| Marshall D Butler | Board of Directors |
| Martin T. Hart | Board of Directors |
| Robert E. Joyal | Board of Directors |
President (since 2008), Vice Chairman (2007-2008), Member of the Board of Managers (since 2006), Managing Director, Babson Capital; President (2005 - 1/2009), Vice President (1993- 2005) of the Trusts. Vice President (since 1996), HYP Management LLC (LLC Manager); Director (since 2005), MassMutual Corporate Value Limited (investment company); Director (since 2005), MassMutual Corporate Value Partners Limited (investment company); Senior Vice President (since 1996), MMHC Investment LLC (passive investor); Managing Director (since 2006), MassMutual Capital Partners LLC (investment company); Director (since 2008), Jefferies Finance LLC (a finance company); Member of Investment Committee (since 1999), Diocese of Springfield.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | President | Current |
| MassMutual Corporate Investors | Chair of Board | Current |
Chairman (since 1992), Donald Glickman and Company, Inc. (private investments); and Partner (since 1992), J.F. Lehman & Co. (private investments). Director (since 1984), Monro Muffler and Brake, Inc. (automobile repair service); and Lead Director (since 1998), MSC Software Corp. (simulation software).
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Participation Investors | Board of Directors | Current |
| Monro Muffler Brake, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Infinity Venture Capital Fund | Chairman of the Board | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Alpha Technologies | Board of Directors | Current |
| Kyocera Corporation | Director | Former |
MARTIN T. HART has been a director of ValueClick since March 1999. Mr. Hart has been a private investor in the Denver area since 1969. He has owned and developed a number of companies into successful businesses, and has served on the board of directors for many public and private corporations. Presently, Mr. Hart is serving on the board of the following public companies: MassMutual Corporate Investors, an investment company; MassMutual Participation Investors, an investment company; Texas Roadhouse, a restaurant chain; and Spectranetics Corporation, a medical device company. He also continues to serve on the board of directors of several private companies. Mr. Hart graduated with a B.A. from Regis University and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| ValueClick, Inc. | Director | Current |
| Private Lessons Channel | Board Member | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Mediaplex | Director | Current |
| Texas Roadhouse, Inc. | Board of Directors | Current |
| The Spectranetics Corporation | Board Director | Current |
| Willie's Corner | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Beacon Power Corporation | Current | |
| Private Equity | Director | Current |
| Scottish Re Limited | Board of Directors | Current |
| Corporate Governance | Board of Directors | Current |
| Alabama Aircraft Industries, Inc. | Director | Current |
| Jefferies Group, Inc. | Director | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Corporate Investors | Trustee | Current |
| MassMutual Corporate Investors | trustee | Former |
William J. Barrett , 69, Secretary of the Company since 2001, was a director of the Company from 1996 to 1997 and rejoined the Board of Directors in 2001. Mr. Barrett is President of Barrett-Gardner Associates, Inc., a private merchant banking firm; Director of MassMutual Corporate Investors and MassMutual Participation Investors, closed-end investment trusts; Director, Executive Vice President, Assistant Treasurer and Secretary of Supreme Industries, Inc., a specialized manufacturer of truck bodies and shuttle buses; Director of TGC Industries, Inc., a geophysical services company; and Chairman of the Board of Rumson-Fair Haven Bank and Trust Company, a New Jersey state independent, commercial bank and trust company.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Director | Current |
| Chase Packaging Corp | Secretary | Current |
| Tgc Industries, Inc. | Director | Current |
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