Quantcast

Monthly Archives: August 2010

Huge Surge In German Exports–At Least One Country Is Growing

The economy of one Western nation is growing rapidly--Germany's. The Federal Statistics Bureau said that exports rose 28.5% in June compared with a year ago. Germany exported commodities to the ...
Read Full Story »

Trouble For Global Car Companies–China Growth Slows

The rapidly expanding car market in China has been critical to the earnings of global auto companies like GM, VW, and Toyota Motor (NYSE: TM). China's insatiable demand for cars ...
Read Full Story »

Housing Shows Small Recovery On Improvement In Weakest Markets, Fewer Underwater Homes

Housing is making a recovery--a tiny one. Some home prices in the weakest markets have begun to improve. In California, 20 of the 26 markets tracked by real estate research ...
Read Full Story »

24/7 Wall St.’s Corporate Power Rankings: Week 30

The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product ...
Read Full Story »

Give Starbucks CEO Schultz a Raise

Starbucks Corp.  (NYSE: SBUX) Chief Executive Howard Schultz took plenty of grief earlier this year after his company awarded him a $1 million bonus at a time when the ...
Read Full Story »

Dell’s Board is Driven to Distraction

Members of Dell Inc.'s (NYSE: DELL)Board of Directors have many distractions preventing them from reviving the struggling computer maker which help their back accounts and hurt the computer's long-suffering shareholders. ...
Read Full Story »

Media Update (8/9/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd settled a sexual harassment case from reality TV star Jodie Fisher. Reuters:   HP will signal its direction based on the background of ...
Read Full Story »

Former HP CEO Mark Hurd’s “Consulting” Friend

According to several news reports, the consultant who worked for Hewlett-Packard (NYSE: HPQ) for amounts that were at least several thousand dollars a day and became entangled with former CEO ...
Read Full Story »

BP plc Claims Capping Of Well Is Complete

BP plc (NYSE: BP) says at its website that tests of the cement plug on its leaking well have been successful and it is not releasing any more oil. Douglas ...
Read Full Story »

Apple iPhone Chief Pays The Price

In another sign that Steve Jobs can do no wrong, the head of engineering for the Apple Inc (NASDAQ: AAPL) iPhone has been pushed out of the company. The Wall ...
Read Full Story »

Former HP CEO Hurd Settles With Contractor

According to several media accounts former Hewlett-Packard (NYSE: HPQ) Mark Hurd has settled sexual harassment charges brought by a former contractor with the company. The amount of the settlement was ...
Read Full Story »

The Unusual Suspects For The Week Ahead (ARO, APEI, IRE, BRK-A, BRK-B, CSCO, DNDN, GSAT, HPQ, RIMM, SD, TGT, TNH, DIS, GLD)

There are many issues on deck for The Unusual Suspects that are carryover issues from Friday or which have events on the schedule.  This week's Unusual Suspects for the week ...
Read Full Story »

Despite Derivatives Losses, Berkshire Hathaway Makes Billions (BRK-A) (BRK-B)

Warren Buffett is still making billions for Berkshire Hathaway Inc. (NYSE: BRK-A).  The conglomerate just reported operating earnings of $3.074 billion versus $1.78 billion in the second quarter of 2009.  ...
Read Full Story »

Mark Hurd Out At H-P Over Sexual Harassment (HPQ)

Hewlett-Packard Co. (NYSE: HPQ) just made an announcement that many will be shocked about.  Chairman and CEO Mark Hurd has decided to resign his positions from H-P effective immediately.  The ...
Read Full Story »

Consumer Credit Keeps Drying Up

Consumer credit keeps going lower and lower in the U.S.  The Fed reported that June's credit was down 0.7% on a seasonally adjusted basis with a $1.3 billion drop down ...
Read Full Story »