News releases from 2011

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December 2011


EY 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

EY 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
EY 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)

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
EY employees help advance entrepreneurial businesses in emerging economies

 

November 2011


Oil and gas industry focused on growth over next 12 months according to EY's 5th bi-annual Capital Confidence Barometer
Houston, 30 November 2011
Just over half of the 92 oil and gas companies responding to EY'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."

EY Tax Guide 2012 Now Available
New York, 29 November 2011
The EY 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.

EY'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 catalyst for economic change: Roger D. Linquist, President, CEO and Chairman of MetroPCS Communications, Inc. named EY 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 EY 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 EY 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 EY 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 EY 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 EY 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 EY 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 EY 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 EY 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 EY 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 EY'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

 

October 2011


EY quarterly oil and gas update
Houston, 31 October 2011
While the recent quarter's financial news is decidedly more bearish than bullish, EY'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 WomenTM 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 EY's U.S. IPO Pipeline Analysis.

EY'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 EY 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 EY'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  EY's latest Capital confidence barometer,  based on a survey of more than 1,000 senior executives around the world.

 

September


20 September 2011: Ernst & Young LLP debuts on Consulting magazine’s “Best Firms to Work For” list

15 September 2011: Ernst & Young LLP ranks among top 10 companies for working mothers

12 September 2011: Tax Risk & Process Reengineering professionals join Ernst & Young LLP

8 September 2011: EY campus hiring returns to pre-recession levels; member firms to hire over 9,000 college graduates and MBAs this fiscal year in the Americas

 

August 2011


23 August 2011: EY Appoints David Nichols as Americas CIO Services Leader

3 August 2011: Oil demand likely to increase; supply less certain

2 August 2011: Bob Patton now Americas VC of Advisory Services

 

July 2011


1 July 2011: EY Entrepreneur Of The Year® 2011 South Central Ohio & Kentucky Award winners announced

6 July 2011: In Q2, global IPO activity continues to rise significantly

21 July 2011: EY Entrepreneur Of The Year® Nominees Outshine in Job Creation, Revenue Growth

 

June 2011


25 June 2011: EY Entrepreneur Of The Year® 2011 Southwest Area North Award winners announced

24 June 2011: EY Entrepreneur Of The Year® 2011 New Jersey Award winners announced

23 June 2011: EY Entrepreneur Of The Year® 2011 Gulf Coast Area Award winners announced

22 June 2011: EY Entrepreneur Of The Year® 2011 Greater Los Angeles Award winners announced

16 June 2011: EY Entrepreneur Of The Year® 2011 Florida Award winners announced

16 June 2011: EY Entrepreneur Of The Year® 2011 Northeast Ohio Award winners announced

16 June 2011: EY Entrepreneur Of The Year® 2011 Greater Washington Award winners announced

16 June 2011: EY Entrepreneur Of The Year® 2011 Upper Midwest Award winners announced

16 June 2011: EY Entrepreneur Of The Year® 2011 Mountain Desert Award winners announced

15 June 2011: Ernst & Young LLP increases campus hiring by 25 percent and introduces new initiatives to connect with the college crowd including global internships and mobile quiz

15 June 2011: EY Entrepreneur Of The Year® 2011 Greater Philadelphia Award winners announced

15 June 2011: Technology, power & utilities, healthcare sectors bright spots for M&A in a mixed landscape, according to Ernst & Young LLP

14 June 2011: US oil and gas reserve growth reaches five-year high

10 June 2011: EY Entrepreneur Of The Year® 2011 Western Pennsylvania and West Virginia Award winners announced

10 June 2011: EY Entrepreneur Of The Year® 2011 Michigan and Northwest Ohio Award winners announced

8 June 2011: Ernst & Young LLP bolsters health providers and payer information security services through gaining HITRUST CSF Assessor status

6 June 2011: Application deadline fast approaching for the EY Entrepreneurial Winning WomenTM 2011 competition

 

May 2011


31 May 2011: Oil and gas industry optimistic about growth according to EY’s 4th bi-annual Capital Confidence Barometer

31 May 2011: Transforming e-discovery: Cataphora Legal Joins EY

25 May 2011: Top CEOs, International Policy Experts, and Investment Industry Leaders Gather for Inaugural EY Global Growth Forum

24 May 2011: EY acquisition enhances corporate governance advisory capabilities

23 May 2011: The Hedge Fund Journal announces 50 Leading Women in Hedge Funds 2011

17 May 2011: EY Entrepreneur Of The Year® 2011 Greater Philadelphia finalists announced

17 May 2011: EY Entrepreneur Of The Year® 2011 Michigan and Northwest Ohio semifinalists announced.

16 May 2011: EY Entrepreneur Of The Year® 2011 Greater Los Angeles finalists announced

16 May 2011: EY Entrepreneur Of The Year® 2011 Southwest Area North finalists announced

16 May 2011: IPO pipeline maintains strength as private equity-backed companies go public

15 May 2011: EY Harvests the Business Value of Insight to Improve Enterprise Performance and Manage Risk at SAPPHIRE® NOW

13 May 2011: EY Entrepreneur Of The Year® 2011 Mountain Desert region finalists announced

12 May 2011: EY Names 2011 Finalists and Lifetime Achievement Award Recipient for Entrepreneur Of the Year® Award in Florida

12 May 2011: EY Entrepreneur Of The Year® 2011 South Central Ohio & Kentucky finalists announced

12 May 2011: Former Federal Reserve Bank of Boston executive Preston Thompson joins Ernst & Young LLP's Financial Services Office

11 May 2011: EY Entrepreneur Of The Year® 2011 Western Pennsylvania and West Virginia finalists announced

9 May 2011: EY Entrepreneur Of The Year® 2011 Orange County finalists announced

 

April 2011


29 April 2011: EY Entrepreneur Of The Year® 2011 Upper Midwest finalists announced

25 April 2011: EY Expands IT Advisory Services Leadership Team to Serve Growing Market

21 April 2011: New oil price shock threatens economic growth

21 April 2011: Ernst & Young LLP's Financial Services Office announces a significant addition to its insurance tax and actuarial talent

20 April 2011: EY Entrepreneur Of The Year® 2011 Utah Region finalists announced

20 April 2011: Delivery of deal value and anticipated synergies increase success of deal integration according to Ernst & Young LLP's Transaction Advisory Services

20 April 2011: Ernst & Young LLP joins Startup America to accelerate entrepreneurial growth

18 April 2011: EY Entrepreneur Of The Year® 2011 Central Midwest finalists announced

18 April 2011: Time to rethink information security programs and strategies

05 April 2011: ISA Consulting joins Ernst & Young LLP

05 April 2011: Outstanding women entrepreneurs sought for 2011 EY Entrepreneurial Winning WomenTM competition

 

March


24 March 2011: Transfer pricing tops list of tax issues for oil and gas execs

14 March 2011: New study shows profitability and growth in media & entertainment

10 March 2011: Jeff Hecht joins Ernst & Young LLP's Financial Services Office

9 March 2011: Ernst & Young LLP ranks no. 5 on the 2011 DiversityInc Top 50 Companies for Diversity List

7 March 2011: Global IPO activity off to a strong start in 2011

1 March 2011: Gregg Clark rejoins Ernst & Young LLP as Americas Consumer Products Leader for Advisory Services

 

February


28 February 2011: Retail banks in developed markets still losing customer trust

23 February 2011: Women's Business Enterprise National Council (WBENC) Announces New List of 20 America's Top Corporations For Women's Business Enterprise

22 February 2011: Improving internal controls – a guide for humanitarian aid organizations

17 February 2011: Dave Hollander to lead Insurance Advisory group for Ernst & Young LLP's Financial Services Office

10 February 2011: Ernst & Young LLP Joins Cloud Security Alliance

9 February 2011: 2010 fourth quarter marks the end of a strong year of growth for technology mergers & acquisitions

3 February 2011: EY and 3M to Host Webcast to Help Organizations Prepare for Overhaul of Health care Coding System

3 February 2011: Small companies lead IPO Pipeline as busy IPO market eases pipeline pressure, according to Ernst & Young LLP

2 February 2011: US venture capital investment in cleantech grows to nearly $4 billion in 2010, an 8% increase from 2009

2 February 2011: Dodd-Frank at six months: intensive rule-making in 2011 highlights the need for financial services institutions to assess, mobilize and implement change

2 February 2011: Regulation and risk driving corporate investment to address privacy in 2011

 

January


26 January 2011: Lisa Choi joins Ernst & Young LLP's Financial Services Office

25 January 2011: Leading across borders: new report reveals action steps for business leaders managing an increasingly global and interconnected workforce

24 January 2011: Environmental Defense Fund and Ernst & Young LLP to Pilot a Program on Environmental Innovation for Private Equity

20 January 2011: Ernst & Young LLP named to FORTUNE's "100 Best Companies to Work For" list for 13th year in a row

20 January 2011: EY Oil & Gas quarterly report: 2010 closes with 2nd biggest oil demand increase in 30 years

18 January 2011: EY's Israeli member firm acquires Hacktics® professional services practice

17 January 2011: Ernst & Young LLP seeks outstanding entrepreneurs

14 January 2011: Former Federal Reserve official Jim Embersit joins Ernst and Young LLPs Financial Services Office

13 January 2011: Ernst & Young LLP continues long tradition of maintaining accuracy and integrity of Golden Globes® balloting process for 38th consecutive year

13 January 2011: Soft market conditions and low investment returns will challenge US property-casualty insurers in 2011, EY predicts

 5 January 2011: Ernst & Young LLP to host three-day Discover Tax event for minority students with a concurrent Campus Diversity and Inclusiveness Faculty Roundtable