Executives
Thomas F. Farrell - Executive Chairman, Chief Executive Officer, President, Chairman of Virginia Electric & Power Company, Chief Executive Officer of Dominion Energy and Chief Executive Officer of Virginia Electric
David A. Christian - Executive Vice President and Chief Executive Officer of Dominion Generation
G. Scott Hetzer - Senior Vice President of Tax and Treasurer
Mark F. McGettrick - Chief Financial Officer and Executive Vice President
Thomas Hamlin -
Analysts
Michael J. Lapides - Goldman Sachs Group Inc., Research Division
Dan Eggers - Crédit Suisse AG, Research Division
Jonathan P. Arnold - Deutsche Bank AG, Research Division
Greg Gordon - ISI Group Inc., Research Division
Paul Patterson - Glenrock Associates LLC
Paul T. Ridzon - KeyBanc Capital Markets Inc., Research Division
Leslie Rich - Columbia Management
Anthony C. Crowdell - Jefferies & Company, Inc., Research Division
Dominion Resources ( D ) Q3 2011 Earnings Call October 28, 2011 10:00 AM ET
Operator
Good morning, and welcome to Dominion's Third Quarter Earnings Conference Call. On the call today, we have Tom Farrell, CEO, and other members of senior management. [Operator Instructions] I would now like to turn the call over to Tom Hamlin, Vice President of Investor Relations, for Safe Harbor statement.
Thomas Hamlin
Good morning, and welcome to Dominion's Third Quarter 2011 Earnings Conference Call. During this call, we will refer to certain schedules included in this morning's earnings release and pages from our earnings release kit. Schedules in the earnings release kit are intended to answer the more detailed questions pertaining to operating statistics and accounting. Investor Relations will be available after the call for any clarification of these schedules. If you have not done so, I encourage you to visit our website, register for email alerts and view our third quarter 2011 earnings documents. Our website address is www.dom.com/investors. In addition to the earnings release kit, we have included a slide presentation on our website that will guide this morning's discussion.
What customer (and merchant) experience can Groupon create to dramatize its difference – especially when the perception of their offer is predominantly low scale offers of ladies' skin-care products and massages? Groupon needs to align its strategy,
We have added to our hedge positions for our merchant generation fleet, reducing our sensitivity to changing commodity prices. And finally, fourth quarter operating earnings guidance is $0.58 to $0.73 per share. Our operating earnings guidance range
Hydrogen and oxygen for energy and environmental markets, nitrogen for electronics and merchant capacity for emerging markets. Now some financial highlights. We had a strong year, with significant improvement in operating cash flow, up 15%.

Verghese still plans to cash in. In two decades the Bangalore-born trader has built Olam into a $4.5 billion company involved in around 20 different commodities including coffee, cocoa, rice, grains and sugar, from a startup that sold Nigerian cashew
Group Commerce is seeking a highly motivated and energetic Payables Accountant to join our team part-time for 3 to 4 months. This position will bring excellent experience in a fast-paced ecommerce startup, and may turn into a full-time role. The Payables Accountant will be responsible for assisting in the payables operations of the Accounting Department.
Specific duties will include: merchant /vendor accounts payable processing and reconciliation, and chargebacks processing. Experience with heavy volume payables is a plus.
Responsibilities:
• Responsible for vendor payments -- receive and process incoming invoices; process weekly vendor payments and insure timely, accurate payment of vendor invoices
• Maintain vendor files
• Perform accounts payable reconciliations as directed
• Respond to chargeback notifications and maintain chargeback schedule
• Other duties as assigned
Requirements:
• Must have a Bachelor's degree
• 2+ years of accounts payable experience required
• Outstanding PC skills (MS Word, Excel)
• Excellent analytical, problem solving, and abstract reasoning skills
• Excellent communication, interpersonal and teamwork skills
• Eagerness to learn, detail oriented, and ability to manage multiple tasks
______________________________________________________________________________
About Group Commerce:
Founded by former Google and DoubleClick executives David Rosenblatt, Jonty Kelt, and Andrew Glenn, Group Commerce has assembled a diverse team of experts from companies such as Gilt Groupe, AOL and 1-800-Flowers.com. Group Commerce Inc., a full-service group buying and social commerce platform built for the unique needs of publishers and merchants, being used by customers including The New York Times, Meredith Corporation, DailyCandy, and Thrillist.