by Doug French
A punk economy is doing what legislators around the country could never do: shrink state and local governments. California Governator Arnold Schwarzenegger has declared a fiscal emergency because his state is $40 billion in the red and may actually be completely busted by February. He even “ordered state officials to prepare to furlough [...]
In 2007, the average earnings of the 120 major-college football coaches hit $1 million, a USA TODAY analysis finds. They are being paid more than the presidents.
This is why US is and will be in trouble for long time to come.
Unless US stop all these kinds of wasteful spending, US will never get out of [...]
By John Ittner
Last update: 8:09 a.m. EDT Aug. 26, 2008
NEW YORK (MarketWatch) — American Eagle Outfitters Inc. said Tuesday that second-quarter earnings fell to $59.8 million, or 29 cents a share, from $81.3 million, or 37 cents a share, in the same period a year ago. Sales fell to $688.8 million compared to $703.2 million. [...]
US HOT STOCKS: Virgin Mobile, Wells Fargo -7-
Last Update: 4/30/2008 5:12:30 PM
Among the companies whose shares were active in after-hours trading Wednesday
were Itron Inc. (ITRI), JDS Uniphase Corp. (JDSI), and Amkor Technology Inc.
(AMKR).
Itron Inc. (ITRI) rose 5.4% to $98.10 after the data acquisition and
communication products supplier raised its 2008 adjusted earnings and revenue
forecasts. The company [...]
US HOT STOCKS: Visa, Microchip Tech Active In Late Trading-6-
Last Update: 4/28/2008 5:17:30 PM
Among the companies whose shares were active in after-hours trading on Monday
were Visa Inc. (V), General Motors Corp. (GM), Cognex Corp. (CGNX) and Microchip
Technology Inc. (MCHP).
Visa Inc. (V) fell 4% to $72.60 after the credit-card transaction company said it
expects 11% to 15% [...]
American Express feeling pinch from economy
Profit down 6%, not as steep as forecast
By Riley McDermid, MarketWatch
Last Update: 9:08 AM ET Apr 25, 2008
NEW YORK (MarketWatch) — American Express is feeling the pinch from a worsening
U.S. economy as financially stressed consumers make fewer payments less often,
analysts said Friday.
The credit card giant reported Thursday that first-quarter profit [...]
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