The Buffett Bonus Call (BRK-A, HBC)
There is an interesting take out there on Berkshire Hathaway Inc. (NYSE: BRK-A) and on HSBC Holdings plc (NYSE: HBC) over how these firms should pay a high bonus to staff based upon a…
Jobs
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Newest first · Page 96Conference Board’s Jobless Recovery
The Conference Board is known for many key economic readings in the US and abroad, but this morning’s data may just add a little more fear that the hope and belief of a stabilizing…
The Unusual Suspects (APP, BRK-A, CPB, MTXX, MCO, MHP, RMBS, QQQQ, GDL, UNH)
It is the weekend, albeit a long three-day weekend for Labor Day. Earnings season is done, gone, bye-bye, but this coming week there are going to be some key events and key stocks to…
Unemployment Still Heads Toward Double-Digits
The unemployment and change in non-farm payrolls data for August is out, and despite some positive trends seen during the weekly data it just isn’t pretty. The change in nonfarm payrolls was -216,000 versus…
Jobless Claims Offer Little Hope For Friday’s Payrolls Data
Weekly Jobless Claims were just released by the US Labor Department and the numbers came in at 570,000 again on the preliminary claims figure. Last week was originally reported as 570,000, and that figure…
Jobless Claims Staying High
The data from the Labor Department on weekly jobless claims is out, and it is continuing to be a dragging number. Many keep hoping for improvements, yet they remain elusive. The weekly claims fell…
GM’s Board Goes On Offense
GM has been trying to sell Opel for months and has talked to nearly every company in the world that has any interest in owning an auto firm and can prove it can make…
Jobless Claims Ticking Back Up
Weekly jobless claims are heading the wrong direction again this morning, although some of this may still have some seasonality to it. The Labor Department showed a gain of 15,000 jobless claims to 576,000…
Less-Bad Still Looks OK in Jobs
The data from the Labor Department on weekly jobless claims has been released. We are seeing a slight rise by 4,000 to 558,000 for week. The four-week average rose by 8,500 to 565,000. This…
Reading Jobs Data With Disbelief
The unemployment rates and jobs data almost does not add up on the surface. Some of this may boil down to seasonality issues, but many traders are scratching their heads after seeing this report. …
Weekly Jobs Data Previews Unemployment Tomorrow
The weekly jobless claims came in at 550,000, a drop of some 38,000 from a revised figure of 588,000 last week. Unfortunately, we saw an increase in the continuing jobless claims after weeks of…
GM: Firing 7,500 More Taxpayers To Save Taxpayer Money
GM’s July sales fell 19%, more than any of the other major car companies, to 188,156. The number is down so much that without the Pontiac and Saturn brands that it plans to phase…
Weekly Jobless Claims Creep Back Up Toward 600K
We just got the Labor Departments read on the weekly jobless claims,and that figure came in at a gain of 25,000 to 584,000 on a seasonally adjusted basis. Bloomberg listed the consensus expectation as…
Is Starbucks Altering Its Health Insurance Stance? (SBUX)
Starbucks Corporation (NASDAQ:SBUX) has announced to its U.S. employees that it will make the company discretionary match to the 401(k) Savings Plan for the 2009 plan year. In December 2008, Starbucks made its 401(k)…
IBM’s (IBM) Relocation To India
One of the concerns analysts have about the nature of second quarter earnings is that they are beating forecasts due to cost cuts and not improvements in revenue. Cost cuts can help margins for…