All is Not Lost - HP and Home Depot Beats Expectations

"Hewlett-Packard boosted the tech sector on Tuesday. The computer maker said preliminary fourth-quarter earnings were higher than analysts expected. First-quarter guidance for 2009 was also above estimates. The...

Sohu.com forecasts profit above expectations

"Monday October 27, 9:14 am ET Chinese Web portal Sohu.com predicts 4Q profit well above Wall Street's expectations NEW YORK (AP) -- Sohu.com Inc., a Chinese Web portal, forecast fourth-quarter earnings well above Wall Street's expectations on Monday, after reporting that...

Asian markets continue to slide; Nikkei down 414pts

Asian markets are once again down deep into red despite some bounce back on the Wall Street. Asian stock markets suffered fresh losses on Friday as fears grew that the financial crisis is taking a heavy toll on corporate earnings in the region. " ASIAN stock markets...

Quest Diagnostics Reports Growth in Revenue and Earnings for Third Quarter 2008

"the world's leading provider of diagnostic testing, information and services, announced that for the third quarter ended September 30, 2008, adjusted income from continuing operations increased to $0.86 per...

Financial Weapons Of Mass Destruction

"Financial Weapons Of Mass Destruction photo credit: laffy4k New York Times called the possibility of an AIG liquidation “as close to an extinction-level event as the financial markets have seen since the Great Depression.” We keep hearing that the current...

Disney star Vanessa Hudgens sued by music producer

When you're famous, everybody wants a piece of your success.  She was in hot waters a while back with inappropriate pictures of her appearing on the internet, and now she is being sued for $27 million in...

Apple earnings are up 40% from last year

Apple is reporting a whopping 40% increase in revenue from just a year ago. This hike in Apple’s revenues is attributed to a surge in the sales of its two brand name products Mac and iPod. "Apple reported Mac...

Starbucks plans to close 600 U.S. stores, fire 12,000

I am quite surprised by this. Just yesterday while I was driving back from dinner, I saw two starbucks that I have not noticed before. In Vancouver it seems like Starbucks is more prevalent than ever, but I guess...

What About the Inequity in Power?

*****OPINION***** [Note: I italicized the portions from Mr. Kling's article for easier reading.]"You know what, I never thought about inequity in such specific terms before I read an article by Cato’s Arnold Kling reprinted from the Orange County Register (Click here for...

Heady excitement damped by doubt

Benin's intro:  This is an excerpt from absolutely amazing  special report that the Financial Times has done on the current state of the Nigerian economy.  The report was very fairly balanced and...

Mental health care cost 'to double'

The high costs associated with long-term and intensive psychotherapy and extended hospital stays in England and Wales requires more investment to help people get back to work. Some who have severe illness face...

Google earnings Pale Compared to Another Earnings Report

The BBC is reporting that Internet search engine Google has seen quarterly profits soar by 69%, beating expectations.Net income climbed to $1bn in the first three months of 2007, up from $592m on a year earlier....

New York Times Earnings Reflect Ongoing Double Whammy

Even the venerable NYTimes is not immune to the dramatic downturn in newspaper revenues."With ad spending overall down just under double digits at 9% for the first quarter, the New York Times' results -- most...

Harley-Davidson to Cut More Than 700 Jobs

Harley-Davidson announced today they will be reducing their motorcycle production, and cutting more than 700 jobs over the next several months." U.S. retail sales of Harley-Davidson motorcycles were down 12.8...

Jay-Z, Mary J. Gross $9 Million in First 8 Tour Dates

Who says there's no longer any money in the music biz?Jay-Z and Mary J are proving end-of-the-industry analysts to be wildly wrong, as they pad their already well-lined pockets with mo' dolla dolla bills,...

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