Newsroom Index - Ernst & Young - United States

News releases

Recent US news releases issued by Ernst & Young.

• Events of 2011 shape the O&G industry in 2012
  Houston, 2 February 2012
  Key events and trends in 2011 frame Ernst & Young’s Oil & Gas Center leaders’ expectations for 2012. Global politics, midstream capacity, new domestic sources of crude, environmental concerns, the shale gas boom and natural gas pricing market are reshaping the oil and gas industry moving forward. 
  
• 2011 U.S. venture capital investment in cleantech steady at $4.9 billion despite tough economy
  Boston, 1 February 2012
  US venture capital (VC) investment in cleantech companies reached $4.9 billion in 2011, flat in terms of deals and down 4.5% in terms of capital invested compared to 2010, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource.
  
• Ernst & Young LLP significantly expands focus on eDiscovery, adding four advisors to Fraud Investigation & Dispute Services practice 
  New York, 26 January 2012
  Ernst & Young LLP today announced a number of recent additions to its Fraud Investigation & Dispute Services (FIDS) practice to meet growing demand for, and bolster its depth in, eDiscovery and fact-finding services. David Remnitz has been named FIDS Global and Americas Forensic Technology and Discovery Services (FTDS) Leader. He is joined by Principals Adam Cohen and Todd Marlin in New York and Jay Sonbolian in Los Angeles.
  
• U.S. IPO Confidence Returns for Companies and Investors in 2012 
  New York, January 23, 2012
  The end of 3Q boasted a U.S. IPO pipeline full and primed for companies to go public in 4Q. Now, due to recent gains in the stock market, both companies and investors are feeling more confident about IPOs according to Ernst & Young’s U.S. IPO Pipeline Analysis.
  
• Ernst & Young LLP recognized on FORTUNE’s “100 Best Companies to Work For” list for the 14th consecutive year 
  New York, 23 January 2012
  Ernst & Young LLP announced today that FORTUNE magazine ranked it among the “100 Best Companies to Work For” for the 14th consecutive year. The firm ranks number 59 this year, climbing 18 spots from its 2011 ranking.
  
• Ernst & Young LLP offers anti-corruption advice for global companies in new book
  New York, 23 January 2012
  As market volatility persists, the demands by regulators and investors for proper governance, compliance, and transparency are reaching new heights. Boards, CEOs and their executive leadership are setting the course for aggressive growth in a global business climate with uncertain boundaries – and this requires a company to have heightened sensitivity to potential risks, such as bribery and corruption.
  
• New Ernst & Young LLP Power & Utilities’ advisors to help clients improve performance in a heavily regulated industry
  New York, 18 January 2012
  In an ongoing effort to help power and utility companies improve performance in a highly regulated, transforming industry, Ernst & Young LLP announced that three senior executives have joined the firm, bringing deep experience working with utilities to improve their strategic, financial and operational processes.
  
• Ernst and Young Voted Top Accounting-Auditing Provider By Hedge Funds Review
  New York, 17 January 2012
  Ernst & Young, a leading global organization of service providers for start-up and established hedge funds, announced today that it is ranked as the top accounting/auditing provider in the first Hedge Funds Review Service Providers Rankings.
  
• Ernst & Young LLP named top consulting firm for financial services organizations by Operational Risk & Regulation for third straight year 
  New York, 13 January 2012
  Ernst & Young LLP announced today that it has been named the overall winner of Operational Risk & Regulation’s annual consultancy rankings for the third consecutive year, and placed first in seven of the 13 risk and regulatory consultant service categories.
  
• Ernst & Young LLP Commits $300K to Network for Teaching Entrepreneurship
  New York, 12 January 2012
  In recognition of Ernst & Young's more than 8,000 Entrepreneur Of The Year Award® winners and the organization's commitment to support future market leaders everywhere, Ernst & Young LLP has established the Ernst & Young Entrepreneur Of The Year® Alumni Fund to reward top Network for Teaching Entrepreneurship (NFTE).
  
• Ernst & Young, LLP continues tradition of overseeing voting process and safeguarding results for the annual Golden Globe® Awards
  Los Angeles, 10 January 2012
  Another award season begins in Hollywood with the 69th annual Golden Globe® Awards, which will be announced on January 15. Prior to the telecast, the names of the winners will be safeguarded by Ernst & Young LLP, a leader in assurance, tax, transaction and advisory services and services to strategic growth markets.
  
• Ernst & Young LLP offers personnel new tax offsets on same-sex domestic partner health and welfare benefits in the US
  New York, 9 January 2012
  Ernst & Young LLP today announced it and its affiliates will reimburse lesbian, gay, bisexual and transgender (LGBT) employees for the additional federal and state taxes they pay on same-sex domestic partners’ medical benefits in the US, making it the first Big Four accounting firm to offer this perk.
  
• Property-Casualty Insurers Should Adopt Five Strategies to Succeed in a Challenging 2012, Ernst & Young Advises
  New York, 9 January 2012
  Ongoing uncertainty over volatile economic conditions continues to plague buyers of insurance products and services, with less than favorable implications for the property-casualty insurance industry, according to Ernst & Young’s new Property-Casualty Insurance Industry Outlook.
  
• Ernst & Young LLP will host nearly 150 ethnically diverse students from 73 US campuses at Discover Ernst & Young
  New York, 4 January 2012
  The firm will concurrently host its fourth annual Campus Diversity and Inclusiveness Roundtable, a forum at which deans, faculty and administrators from top business programs will discuss the business imperative for diversity and inclusion and share best practices.
  
• Ernst & Young Says Fundamentals Will Finally Prevail Over Uncertainty to Get Deals Rolling in 2012
  New York, 7 December 2011
  Dynamics, Core Industries Will Again Bring M&A to Top of Boardroom Agendas
  
• Ernst & Young firms continue to decrease Americas carbon footprint with 7% reduction of GHG emissions from previous year and 20% reduction from 2008 baseline
  New York, 7 December 2011
  Ernst & Young announced today that its Americas firms have achieved a 7% reduction in their Americas carbon footprint, from 187, 610 metric tons of CO2 in the previous fiscal year (FY09) to 174,200 metric tons of CO2 in fiscal year (FY10)
  
• Life Insurers will grapple with managing capital and risk amid continued uncertainty in 2012, Ernst and Young predicts
  New York, 6 December 2011
  
• Media and Entertainment sector in India prime for investment
  New York, 6 December 2011
  Growing digitization, media consumption and improving demographics are leading drivers for industry growth
  
• Ernst & Young LLP's Corporate Responsibility Fellows return from seven-week volunteer and professional development program in Latin America
  New York, 5 December 2011
  Ernst & Young employees help advance entrepreneurial businesses in emerging economies
  
• Oil and gas industry focused on growth over next 12 months according to Ernst & Young's 5th bi-annual Capital Confidence Barometer
  Houston, 30 November 2011
  Just over half of the 92 oil and gas companies responding to Ernst & Young's 5th capital confidence survey view the global economy as stable or improving and are focusing on growth over the next 12 months. Only 4% are in "survival mode."
  
• Ernst & Young Tax Guide 2012 Now Available
  New York, 29 November 2011
  The Ernst & Young Tax Guide 2012 is now available online and in book stores, a favorite among do-it-yourself filers and professional tax return preparers for 27 years. Packed with tax tips and information on tax law changes, readers will find everything they need to prepare for the 2011 filing season.
  
• Ernst and Young LLP expands its Americas Climate Change and Sustainability Services team with key leadership appointments
  New York, 29 November 2011
  Additions signify growing attention on sustainability services for firm and industry
  
• Ernst & Young LLP's Chell Smith recognized for leadership by Consulting magazine
  New York, 29 November 2011
  Named winner of Leadership Award in 5th Annual Achievement Awards: Women Leaders in Consulting
  
• Ernst & Young LLP Appoints Kim Ramko as Americas Life Sciences Sector Leader for Advisory Services
  New York, 15 November 2011
  Ernst & Young LLP announced today that Kim Ramko, former Global Life Sciences Solutions Managing Director for the Computer Sciences Corporation (CSC), has been named as Americas Life Sciences Sector Leader for Advisory Services.
  
• Ernst & Young's True Costs of IPOs Survey Finds Investing in Management Team is Central Element to Companies Going Public
  New York, 14 November 2011
  According to a recent survey conducted by Ernst & Young LLP, a new U.S. listed public company can expect to spend, on average, an additional $2.5 million annually post IPO, excluding the one-time costs related to executing the IPO.
  
• New Ernst & Young LLP Power & Utilities' advisors to specialize in smart grid and customer engagement
  Dallas, 14 November 2011
  Utilities across the globe are expected to invest as much as $200 billion in smart grid projects by 2015. In response, Ernst & Young LLP announced that two leaders in the utilities industry have joined the firm with extensive experience in helping those companies improve customer satisfaction and deploy new smart technology.
  
• A perfectly blended vision: LinkedIn Co-Founder Reid Hoffman and CEO Jeff Weiner named Ernst & Young National Entrepreneur Of The Year® 2011 Overall Award winners
  Palm Springs, CA, 12 November 2011
  Reid Hoffman and Jeff Weiner honored for bringing their perfect blend of talents and vision to Silicon Valley and the world of the internet, creating off-the-charts success.
  
• A catalyst for economic change: Roger D. Linquist, President, CEO and Chairman of MetroPCS Communications, Inc. named Ernst & Young National Entrepreneur Of The Year® 2011 Media, Entertainment and Communications Award winner
  Palm Springs, CA, 12 November 2011
  Linquist honored for creating valuable growth as the industry underdog while constantly innovating .
  
• Modernizing the family business: Jose R. Mas, CEO of MasTec, Inc., named Ernst & Young National Entrepreneur Of The Year® 2011 Real Estate, Construction and Lodging Award winner
  Palm Springs, CA, 12 November 2011
  Mas honored for bringing company out of a restructuring phase and creating jobs during the recession .
  
• Innovation and philanthropy: Dr. Patrick M. Byrne, Founder, Chairman and CEO of Overstock.com, named Ernst & Young National Entrepreneur Of The Year® 2011 Retail and Consumer Products Award winner
  Palm Springs, CA, 12 November 2011
  Byrne honored for creating a niche market within online retail and for his commitment to the global community
  
• A catalyst for economic change: Timothy Sullivan, former President and CEO of Bucyrus International, Inc., named Ernst & Young National Entrepreneur Of The Year® 2011 Distribution and Manufacturing Award winner
  Palm Springs, CA, 12 November 2011
  Sullivan honored for bringing company from the brink of bankruptcy to world-class status while creating local jobs.
  
• Successful innovation spurred by false start: Andrew Mason, Founder and CEO of Groupon, named Ernst & Young National Entrepreneur Of The Year® 2011 Emerging Category Award winner
  Palm Springs, CA, 12 November 2011
  Mason honored for being nimble in the face of adversity and developing one of the most successful entrepreneurial ventures in the world.
  
• Redefining an industry: Aubrey K. McClendon, CEO of Chesapeake Energy Corporation, named Ernst & Young National Entrepreneur Of The Year® 2011 Energy, Cleantech and Natural Resources Award winner
  Palm Springs, CA, 12 November 2011
  McClendon honored for entrepreneurial courage and foresight to keep company at forefront of industry despite economic downturn.
  
• Industry apprentice changes face of banking: Steve Streit, CEO and Chairman of Green Dot Corporation, named Ernst & Young National Entrepreneur Of The Year® 2011 Financial Services Award winner
  Palm Springs, CA, 12 November 2011
  Streit honored for growing Green Dot Corporation from a home-based start-up into one of the fastest- growing companies in the financial services industry.
  
• An entrepreneurial family: Chintu and Chirag Patel of Amneal Pharmaceuticals, LLC named Ernst & Young National Entrepreneur Of The Year® 2011 Life Sciences Award winners
  Palm Springs, CA, 12 November 2011
  Patel brothers honored for continuing to revolutionize generics industry in the United States.
  
• Emerging on top after the bubble bursts: Red Ventures' Ric Elias, Founder and CEO of Red Ventures, named Ernst & Young National Entrepreneur Of The Year® 2011 Services Award winner
  Palm Springs, CA, 12 November 2011
  Elias honored for emerging out of the internet bubble and continuously revamping the company business model.
  
• Making connections: LinkedIn Corporation Co-Founder and Executive Chairman Reid Hoffman and CEO Jeff Weiner named National Ernst & Young Entrepreneur Of The Year® 2011 Technology Award winners
  Palm Springs, CA, 12 November 2011
  Hoffman and Weiner honored for creating an innovative social network that revolutionizes how professionals interact.
  
• Threat of security breaches is an after-thought in the rush to adopt new technologies and media
  New York, 3 November 2011
  In the rush to utilize new technologies and move into the increasingly borderless world of cloud computing, mobile devices and social media, a growing gap is developing between global organizations' business needs and their ability to tackle new and complex security threats, according to Ernst & Young's 14th annual Global Information Security Survey released today.
  
• Large Energy Storage deals push US VC investment in cleantech to $1.1 billion in Q3 2011
  Boston, 2 November 2011
  Energy Storage segment raises a record high of $421.0 million in Q3 2011
  
• Ernst & Young quarterly oil and gas update
  Houston, 31 October 2011
  While the recent quarter's financial news is decidedly more bearish than bullish, Ernst & Young's Oil and Gas Center anticipates a steady close to the year. The oil and gas industry is set to end 2011 strong amid great uncertainty in the broader market.
  
• Ernst & Young LLP Announces 10 National Winners of 2011 Entrepreneurial Winning Women^TM Program
  New York, 24 October 2011
  High-potential entrepreneurs receive resources and support to help accelerate the growth of their businesses.
  
• U.S. IPO Pipeline Grows to Record Level in Third Quarter as Market Softens
  New York, 18 October 2011
  The U.S. IPO pipeline is full and primed for companies to go public in Q4 despite continued market swings and volatility according to Ernst & Young's U.S. IPO Pipeline Analysis.
  
• Ernst & Young's Finance Management Consulting Capabilities Cited As Market Leader by Kennedy Consulting Research & Advisory
  New York, 17 October 2011
  Ernst & Young LLP today announced that the global Ernst & Young organization was cited as a market leader in Kennedy Consulting Research & Advisory's Finance Management Consulting Marketplace 2011-2014 report due to its financial management capabilities.
  
• Ernst and Young launches Americas Tax Center
  New York, 13 October 2011
  A network of highly experienced tax professionals who can deliver cross-border services throughout North, Central and South America.
  
• From Ernst & Young's Energy Executive Insight Session: Opportunity abounds for US O&G and China
  Houston, 13 October 2011
  Having imported 60% of its fossil fuels in 2010, China is aggressively pursuing partnerships to support future fuel supply.
  
• Surprising appetite for deals despite market turbulence
  New York, 3 October 2011
  Despite economic turbulence and market turmoil, 41% of leading international companies expect to make an acquisition in the next 12 months, according to  Ernst & Young's latest Capital confidence barometer,  based on a survey of more than 1,000 senior executives around the world.
  
• Ernst & Young LLP debuts on Consulting magazine's "Best Firms to Work For" list
  New York, 20 September 2011
  Ernst & Young LLP announced that it has been named among Consulting magazine's "Best Firms to Work For" for 2011.
  
• Ernst & Young LLP ranks among top 10 companies for working mothers
  New York, 15 September 2011 
  Working Mother magazine announced today that Ernst & Young LLP ranked in the top ten on the 2011 Working Mother 100 Best Companies list and is now a member of its Hall of Fame. Demonstrating the power of change and their unwavering commitment to parents nationwide, all of this year's winning companies offer flextime hours, telecommuting, paid maternity leave and employee assistance programs.
  
• Tax Risk & Process Reengineering professionals join Ernst & Young LLP
  Chicago, 12 September 2011 
  Ernst & Young LLP recently announced that key professionals from the Tax Risk & Process Reengineering Practice of True Partners Consulting (TPC) based in Chicago have joined the firm. This investment further builds on Ernst & Young's team and capabilities that help clients address the growing demands of tax functions and achieve enhanced performance. 
  
• Ernst & Young campus hiring returns to pre-recession levels; member firms to hire over 9,000 college graduates and MBAs this fiscal year in the Americas 
  New York, 8 September 2011
  Ernst & Young firms in the Americas will hire approximately 9,000 students from across the area, including 5,200 from US campuses, in the 2012 fiscal year, which began July 1, 2011. This marks the return of the organization's campus hiring to pre-recession levels.