Stream Energy: Using More than Just Money to Give Back

Hurricane Harvey is one of the most devastating catastrophes in the world that left many people desperate and stranded. Hurricanes such as Harvey are relatively common in America with other hurricanes such as Hurricane Katrina, Hurricane Rita, Hurricane Wilma, Hurricane Charley and Hurricane Ivan having hit the country in the past decade. In such cases, the victims are left helpless after the loss of their livelihood and other valuables. In the recent Hurricane Harvey, the water rose to 56 inches and flooded every part of Houston, leading to massive damages and even loss of lives. In an action to fund the recovery, Stream Energy – an energy distributing company based in Dallas – recently initiated a charity foundation, Stream Cares. Stream Energy has established long-lasting relationships with the Red Cross Society and Habitat for Humanity. Stream operates through a business model where the company’s associates are paid to build a chain of loyal consumers and deliver products and services including energy and mobile phone plans.

Stream Energy caters to both domestic and company needs, providing energy, telemedicine, and virtual doctors. Successful associates receive a commission based on sales and may choose to support as individual entrepreneurs or as passionate individuals. One of the associates in Dallas –Home Supply Co. – is deeply concerned about homelessness. The charity provides diapers, food, school supplies, clothing and more for homeless children in Dallas. Stream Energy in Collaboration with Home Supply Co. organizes an annual Splash that brings together homeless children. Stream then delivers the supplies as well as funds to Hope Supply. This is not the first time that Steam Energy is helping disaster victims. In 2016, Stream came to the aid of North Texas Tornado victims and matched their lost households together with donations from associates.

According to Stream Energy, giving is not all about money. In collaboration with Operation Once in a Lifetime, Stream donated transport to less fortunate military veterans and their loved ones to enjoy a December lunch out, and an American Doll Event for their daughters. Stream Energy has displayed devotion in helping the less fortunate by employing corporate generosity and associate passion.

The Price of Crude Oil is on the Rise

Based upon the currently rising prices of the Brent Crude, it is clear that oil prices worldwide are on the rise and could potentially spike to a level not seen since 2004. Banyan Hill’s Chief Resource Investment Expert Matt Badiali foresees a potential crude oil price jump to over $ 100 a barrel, but, with the right investment strategy, an opportunity for gains. Brent Crude refers to a grade of crude oil that is light with a low sulfur content. The price of Brent Crude is used as a benchmark for the petroleum markets and prices almost two-thirds of the world’s oil.

The third quarter trading brought prices over $ 80 per barrel, and with continued disruption in Venezuela, and the looming sanctions Iran faces, Matt Badiali believes the oil supply may fall short of demand, driving prices even higher. In addition to potential source disruptions, Matt Badiali points out other factors within the U.S., such as pipeline issues and worker shortages, that may also contribute to the petroleum supply shortfall. While consumers can expect to pay more at the pump, other industries, such as utility companies and the manufacturing sector will also be affected by the rising prices of crude oil.

Matt Badiali believes there may be a rise in heating costs this Winter and the potential for higher prices in durable goods, in addition to the rise in transporation costs, all of which could potentially slow the current rate of economic growth. Although if the price of crude oil becomes to high, the U.S. government may release oil from the Strategic Petroleum Reserve to reduce the impact of a limited oil supply on consumers. Watching the Brent Crude pricing carefully and using his natural resource knowledge, Matt Badiali is cautiously optimistic about the gains petroleum investors may earn during this highly volatile period. Tailoring a strategy carefully will provide an opportunity for profit.

Fortress Investment Group: Focusing on Customer Oriented Services

Fortress Investment Group is a multinational organization that is based in New York City, United States. It is one of the most recognized asset managers in the industry that has been in operation for almost three decades. The longstanding organization formed by experienced asset managers such as Wes Edens, Peter Briger, and Randal Nardone has proved to be consistent over time. The three executive leaders have vast experience given that they have been working in the financial industry for a more extended period.

One of the main strategies that have helped Fortress Investment Group to overcome competition from other organizations is its ability to focus on customers, which is something that other asset managers were not doing before the start of this company. The company decided that its primary goal has been to help the customers to manage their assets professionally. According to the leaders at Fortress Investment Group, customers help the organization run, and as such, they have to be treated with the dignity they deserve.

To meet the customers’ needs, the organization decided to implement a technological system that would ensure that the company helps serve a large number of customers within a short period. The company would ensure that no member of the public would visit the company premises and leave before their particular needs have been addressed. Many of the customers who visited the organization highlighted how they were treated professionally and got whatever they needed.

After developing a plan that involved addressing the needs of the customers, Fortress Group started attracting a vast number of customers who felt that they were receiving quality services from the company than they were receiving from other organizations. Randal Nardone, one of the company executives, was highly involved in addressing the needs of customers to help the firm attain its intended goal. The customer-oriented strategy has enabled Fortress Investment Group to be an asset manager with the most significant number of customers in the industry.

One of the magic moves that Fortress Investment Group has taken is the acquisition by SoftBank, a Japanese multinational. This transaction will enable Fortress to leverage the broad customer base of SoftBank as well as its goodwill. At the beginning of this year, Wes Edens came out to shed clarity about the acquisition to eliminate the doubts and panic that had filled most of the investors of the organization. Everything was confirmed to be in the correct position since the leadership of Fortress Group remained intact.

https://www.crunchbase.com/organization/fortress-investment-group

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