Everyone is talking recession. President Bush is promising tax relief, and it hasn't been a very cheery couple of days for the markets. Two thirds of Americans think we're either already in or on the edge of a recession, and, not surprisingly, consumer spending has slowed. Among all this gloom...
Many companies see globalization as both an opportunity and a threat, and wisely so. While new markets provide the opportunity to grow the top line, they are also producing bold new competitors. In this environment, the lack of a global operations strategy that provides effective sourcing, manufacturing, distribution, and service...
International Financial Reporting Standards IFRS are rapidly gaining momentum worldwide. The paper highlights that U.S. companies need to bone up on international accounting standards if they want to remain competitive abroad and at home. Chief Financial Officers CFOs of U.S. companies must understand global Generally Accepted Accounting Principles GAAP, because...
From the executive summary: ‘U.S. companies that outsource work usually face problems that are far more mundane, like unmet expectations in terms of work quality and costs. Foreign companies do not advertise the snags that sometimes occur. Some American companies have stumbled when they have outsourced, even when they set...
From the executive summary: ‘Throughout the United States foreign companies are spending billions of dollars to build or expand operations. In the process, they are lifting local economies and offsetting some of the jobs being sent offshore by American companies. Economists say that insourced jobs tend to be higher-paying and...
Industrial espionage and poor intellectual property safeguards can sting the U.S. companies outsourcing their software development offshore. Some observers say that other countries vying for outsourcing dollars are even worse when it comes to providing legal protection for intellectual property. Court cases are still relatively hard to find, but that's...
The article is about the privatization of the public firms due to high regulatory cost. It explains about the processes that are high in cost. People are moving towards private firms instead of registering for public firms. At a time when tougher corporate-disclosure laws are making life more and more...
As international commerce becomes more important, many U.S firms are shifting from exporting their products to setting up global operations. This encompasses a wide array of activities including establishing foreign offices, hiring employees abroad, and acquiring companies, real estate and other assets in foreign countries. The following article provides an...
In the midst of a worldwide recession, some U.S. companies are pursuing strategies for global expansion. While most U.S. companies are pulling back on plans for expansion abroad, some CFOs are pushing their organizations in the opposite direction. Many of these finance executives established their global growth strategies before the...
The article talks about the American Company’s failure in international market. American companies that are exporting their products are not doing their home work on the wide range of export issues, including packaging or shipping the products as effectively as they could, doing due diligence on the companies they are...
From the executive summary: ‘Few U.S. companies are chasing the growth achieved in the past few years. While strategic planners are willing to make large, risky technology investments of uncertain benefit, the same is not true of foreign investments, whose risks and rewards are similarly difficult to quantify. U.S. companies...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Safeway Launches Events and Fundraising for Prostate Cancer CampaignC2008 - CloseUpMedia - newsdesk@closeupmedia.com Safeway is kicking off its annual prostate cancer fundraising and awareness campaign this week. The company said this marks the eighth consecutive year that Safeway...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-eFoodSafety Offers Report on OraPhyteC2008 - CloseUpMedia - newsdesk@closeupmedia.com eFoodSafety.com, a researcher, developer, and marketer of whole food and nutraceutical products, said that it is providing an update on OraPhyte, its product being tested by major universities for efficacy in...
FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Nielsen Reports on Consumer Goods Categories That Are Most Immune, Most Vulnerable to RecessionC2008 - CloseUpMedia - newsdesk@closeupmedia.com As the economic downturn causes consumers to reprioritize their spending habits and forces consumer packaged goods manufacturers and retailers to reevaluate their...
U.S. producers will increase their domestic spending from $78 billion in 2007 to $81 billion in 2008 (up 3.5%), according New York-based Lehman Brothers' annual spending survey. Most of the increased spending will target oil, given the continued uncertainty surrounding gas prices. "We believe that spending in the U.S. may...
EVERY BASEBALL PLAYER SEEMS TO have a story about a close call with the game's newest nemesis, the airborne bat barrel. "Second game of the year in Cleveland," White Sox reliever Matt Thornton recalled. "I threw the pitch, snapped the bat in half. The ball...
There's a new online home for comprehensive North American financial information http://www.TMXmoney.com. TMXmoney is a new financial portal for Canadian and North American investors and provides a host of exciting and valuable new features, market information and investment tools. Andre Craig, vice president of Product Management for TSX...
Frontera Resources Corporation (London StockExchange, AIM Market - Symbol: FRR; OTCQX Market, U.S.A. - Symbol: FRTE),an independent oil and gas exploration and production company, todayannounced an update of its operations at the Taribani Field Unit withinBlock 12, Georgia. After the completion of fracing operations at the Dino #2 development wellduring...
Homeland Integrated Security Systems, Inc.(PINKSHEETS: HISU) is pleased to announce that the Company's contract tomarket its products on the U.S. General Services Administration GSAschedule begins August 1. The products offered by the Company will beviewable on the GSA Web site approximately one to two weeks after thecontract goes into effect....
-- Reported loss per share of $0.03 compared to $0.07 earnings per share in Q2 2007-- Gross margin increased to 12.2% versus 12.0% in the prior year second quarter-- Restructuring and asset impairment charges of $7.1 million-- Company focused on...
