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12/20/11
The Power of Plastic - Gift Cards to Surpass $100 Billion in 2011 Sales Printer Friendly Version
 
Boston, MA, December 20, 2011 – TowerGroup, a Corporate Executive Board Company and leading financial services research and advisory firm, today released its annual estimates for the U.S. gift card market. Based on projections, gift card spending will top $100 billion this holiday shopping season surpassing 2010 sales by $9 billion and eclipsing the three previous years of soft, recession-era sales. CEB’s TowerGroup attributes much of this growth to increased consumer spending and greater ease of gift card use—especially cards that can be used at multiple merchants. CEB’s TowerGroup predicts that gift card sales will exceed $130 billion by 2014 with significant growth coming in the form of e-gifting, which is projected to grow tenfold. 
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11/14/11
The Rise of “The Challenger Sale”: Corporate Executive Board Research Confirms the Demise of Relationship Selling Printer Friendly Version
 
Arlington, Va., Nov. 14, 2011Corporate Executive Board (CEB) (NYSE: EXBD), a leading research and advisory services firm, today announced the release of “The Challenger Sale: Taking Control of the Customer Conversation,” a new book that confirms companies are wasting precious time and money cultivating sales people who focus on building and maintaining relationships instead of teaching business insights—the number one attribute customers value in today’s complex selling environment. “The Challenger Sale” prescribes specific steps companies can take to develop a sales force of Challengers, which in a study of more than 6,000 sales reps, consistently outperformed other types of sales reps by nearly 15 percent.
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11/09/11
Information Trumps Automation as Global CIOs Shift Budget Priorities in 2012 Printer Friendly Version
 
ARLINGTON, Va., Nov. 9, 2011 – New research from Corporate Executive Board (CEB) (NYSE: EXBD), a leading research and advisory services company, says CIOs expect to spend 39 percent of their 2012 project budgets on information management initiatives and 32 percent on process automation projects. This represents a significant shift in corporate IT departments’ priorities as information outstrips process automation. CEB also anticipates rapid growth in cloud and mobile applications spending. Cloud spending is projected to increase by more than 20 percent and account for approximately 7 percent of total budgets; mobile applications will increase by more than 60 percent and account for roughly 4 percent of budgets in 2012.
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11/04/11
The Corporate Executive Board Declares Quarterly Dividend Printer Friendly Version
 
Arlington, Virginia - (November 4, 2011) - The Corporate Executive Board Company (“CEB” or the “Company”) (NYSE: EXBD) today announces that its Board of Directors has approved a cash dividend on its common stock for the fourth quarter of 2011 of $0.15 per share. The Company will fund its dividend payments with cash on hand and cash generated from operations. The dividend is payable on December 30, 2011, to stockholders of record at the close of business on December 15, 2011.
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10/31/11
The Corporate Executive Board Reports Third Quarter Results Printer Friendly Version
 
Arlington, Virginia - (October 31, 2011) - The Corporate Executive Board Company (“CEB” or the “Company”) (NYSE: EXBD) today announces financial results for the third quarter and nine months ended September 30, 2011.  Revenues increased 9.6% to $122.9 million for the third quarter of 2011 from $112.1 million for the third quarter of 2010.  Net income for the third quarter of 2011 was $14.0 million, or $0.41 per diluted share, compared to $7.0 million, or $0.20 per diluted share, for the same period of 2010.  For the third quarter of 2010, adjusted net income was $14.8 million and non-GAAP diluted earnings per share was $0.43, excluding the after tax effect of the non-cash impairment loss relating primarily to a write-down of goodwill associated with our 2007 acquisition of Toolbox.com.
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