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Filed under: Competitive strategy , Small business Recently, the stock market has had an explosive rally. A key reason is that Corporate America has aggressively cut costs, resulting in stronger profitability. However, cost-cutting can be dangerous
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Entrepreneur’s Journal: Cutting costs without killing your company
Filed under: Forecasts , Economic data , Recession Paraphrasing Thomas Paine: These are the times that try men’s and women’s souls … especially if they’re economists.
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These are the times that try economists’ souls
Filed under: International markets , Politics , Federal Reserve , Recession Two countries, the United States and China, are playing financial poker, with the U.S. Treasury and the Federal Reserve on one side and China on the other
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China takes a pass on U.S. Treasuries
Filed under: Earnings reports , Yahoo! (YHOO) Internet search firm Yahoo! (NASDAQ: YHOO ) recently reported that its second-quarter net income rose to $143 million, or 10 cents per share, from $132.4 million, or 9 cents per share in the same period a year earlier. Net revenue in the period ended in June fell to $1.14 billion from $1.35 billion.
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Bellwether stock #10: Yahoo! (YHOO)
Filed under: Earnings reports , Forecasts , Comcast Cl’A’ (CMCSA) , Dean Foods (DF) , Economic data Last week’s Fed Beige Book report and GDP numbers suggested that the economy may be stabilizing, and this coming week will bring plenty of economic data to confirm or deny that suggestion. On the schedule are consumer credit , construction spending , factory orders , and pending home sales for June, the employment situation , the Import Price Index , and new motor vehicle sales for July, as well as the ISM Manufacturing and Non-manufacturing Indexes for July. The week will also bring quarterly reports from home builders Beazer Homes USA Inc
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The week in preview: Seeking more signs of economic stability
Filed under: Earnings reports , Merck and Co (MRK) , Stocks to Buy Although earnings for Merck (NYSE: MRK ) were down in the last quarter, the stock is gaining momentum. The pharmaceutical giant reported a 3% decrease in sales to $5.9 billion from $6.05 billion in the year-earlier period. Earnings were $1.56 billion or 74 cents per share, compared with $1.77 billion or 82 cents per share in the same quarter a year ago.
Originally posted here:
Bellwether stock #8: Merck (MRK)
