Windows 8 Generates Little Enthusiasm
As reviews and predictions increase ahead of Friday’s release of Microsoft Corp.’s (NASDAQ: MSFT) Windows 8, a few issues dominate the commentary. The first is that Windows 8 is such a radical departure that…
All Work
Trey Thoelcke
Bickering over the European Budget
The latest report about how Europe’s nations will be bailed out, what the role of the International Monetary Fund will be, whether Germany will block plans that cost its taxpayers too much, and the role of…
Gasoline Prices Fall, but Remain Too High
coutesy of Exxon Mobile Corp.The hope that gasoline prices in the United States will drop finally has some support, based on recent numbers. The AAA Fuel Gauge report shows that the price for an…
Toyota Likely to Fall Short of Its 10 Million Vehicle Goal
After struggling through the financial crisis, massive recalls that harmed its reputation, and an earthquake and severe floods that crippled production, Toyota Motor Corp. (NYSE: TM) seemed to be back on track with its…
WebMD Extends Poison Pill for Two More Years
WebMD Health Corp. (NASDAQ: WBMD) said that on Thursday its board of directors has signed off an amendment to its shareholder rights agreement to guard against coercive takeovers and other tactics that might be…
Honeywell Beats on EPS, Falls Short on Revenue
Honeywell International Inc. (NYSE: HON) this morning reported a better-than-expected third-quarter profit as a boom in natural gas drilling offset weakness in Europe. The New Jersey-based diversified manufacturer posted adjusted earnings per share (EPS)…
Finance Ministers Aim for EU Bank Supervision by 2013
The Europeans finally have agreed on something. There will be one bank supervisor for the region as early as next year. While the decision may be a step forward, it is not entirely clear…
What to Make of Windows 8?
The number of reviews of Microsoft Corp.’s (NASDAQ: MSFT) Windows 8 OS has increased rapidly, with its release only days away. The earnings of the world’s largest software company, hurt by low sales of…
Sony Faces Serious Headwinds
Sony Corp. (NYSE: SNE) continues it retreat as most of its business divisions continue to sputter in the face of competition. The company closed a camera and mobile phone factory. It also will “downsize”…
Southwest Air Lines Posts Profit Despite Weak September
Southwest Airlines Co. (NYSE: LUV) this morning reported an in-line profit in the third quarter, boosted in part to fewer negative fuel-hedging impacts. The Dallas-based company posted adjusted earnings per share (EPS) of $0.13…
Toys“R”Us Extends Free Layaway
In its latest attempt to win over customers during the crucial holiday season, Toys“R”Us announced today that it will extend its free layaway plan until Dec. 16. The toy company has offered free layaway…
$99 Nexus Is One Step Closer to Free Tablets
The tablet wars will continue to heat up if rumors are right that Google Inc. (NASDAQ: GOOG) will release a $99 machine. Although it may not be as feature rich as current products from…
Apple Loses a Round to Samsung
The intellectual property lawsuits between Apple Inc. (NASDAQ: AAPL) and Samsung continue to go back and forth. The latest court decision hurts Apple. A U.K. court said that the Samsung Galaxy tablet did not…
U.S. Unemployment Reaches New Low — Gallup
In the wake of the controversial 7.8% unemployment rate reported by the U.S. Labor Department earlier this month, Gallup today said that its nonseasonally adjusted rate fell from 7.9% at the end of September…
Abbott Labs Q3 Profit Surges, but Revenues Slip
Abbott Laboratories (NYSE: ABT) said that third-quarter earnings surged, despite a slip in revenue, due to a double-digit decline in expenses. The health care company posted adjusted earnings per share (EPS) of $1.30 on…
U.S. Bancorp Posts Record Q3 Profit
U.S. Bancorp (NYSE: USB) reported third-quarter 2012 results before markets opened this morning. The Minneapolis-based bank posted earnings per share (EPS) of $0.74 on revenues of $5.18 billion. In the same period a year…
What Will Be Spain’s Next Move?
nationsonline.orgSpain is on the cusp of something, but no one seems to know for sure what it is. The country received good news from Moody’s that kept Spain’s sovereign paper rating at investment grade.…
IBM, Intel Results Reflect the Sluggish Economy
Analysts continue to sift through the earnings reports from International Business Machines Corp. (NYSE: IBM) and Intel Corp. (NASDAQ: INTC). Each released relatively weak results for the most recent quarter. The fates of their…
Apple to Unveil iPad Mini Next Week
Apple Inc. (NASDAQ: AAPL) apparently is about to have another in a series of very public product announcements that stretch back over all of the years when Steve Jobs ran the company. As the…
Johnson & Johnson Tops Earnings Expectations
Johnson & Johnson (NYSE: JNJ) reported fiscal third-quarter results before markets opened this morning. The health care giant posted earnings per share (EPS) of $1.25 on revenues of $17.1 billion. In the same period…