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Economics Trifecta: Leading Indicators and Unemployment Look Up
Unlike the conflicting signals we have seen for so long in the economic news, June 18 gave us three clear positive signs on important statistics. First, The Conference Board's release of the Index of Leading Economic Indicators LEI jumped to 54.9, up from about 40 in April. (The normal, baseline...
Food Roundup: Busch-InBev Cuts U.S. Jobs, Whole Foods Sues FTC, McDonald's Sales Spike, And More
Anheuser Busch-InBev Cuts 1,400 U.S. Jobs -- The world's largest brewer announced a restructuring that will reduce its workforce by 2,000. Most of the U.S. cuts come at the company's corporate headquarters. [Source: Bloomberg News] Whole Foods Sues FTC -- The premium grocer says the agency...
Da-Lite Screen Company Files 10-Q for the Second Quarter for Fiscal 2008
WARSAW, Ind. -- Da-Lite Screen Company, Inc. (Bloomberg: DALITE), a leading manufacturer of projection screens, announced today that it has filed the Company's second quarter report for fiscal year 2008 on Form 10-Q with the Securities and Exchange Commission SEC. About Da-Lite Screen Company, Inc. Da-Lite Screen Company,...
Deutsche Post Plans $880 Mln. DHL Writedown
Deutsche Post AG said it will write down the value of its DHL Americas division by 600 million euros, about $880 million, as the business struggles to make a profit. The writedown of assets such as aircraft and trucks will hurt 2007 net income, John Allan, chief financial officer of...
Business news in brief
IN THE REGION Vioxx lawsuit dropped before trial in Philadelphia A New Jersey woman who claimed Merck & Co. Inc.'s pain reliever Vioxx caused her husband's death dropped her lawsuit against the company five weeks before the case was set to go to trial in Philadelphia. Angela McCool of Marlton...
Business news in brief
IN THE REGION N.J. court clears way for Vioxx class-action suit... A New Jersey appellate court panel opened the door yesterday to a potential class-action lawsuit against Merck & Co. Inc. on behalf of people who took its now-withdrawn pain reliever Vioxx and want the company to pay for tests...
Business news in brief
IN THE REGION Keystone Helicopter to sell its medical unit to Seacor Keystone Helicopter Corp., of Coatesville, said yesterday that it had reached an agreement to sell its flight-services division, which operates 35 aircraft for medical operations on the East Coast and in Puerto Rico. The division, which employs 200...
Electricity back on for overheated New Yorkers after week without power
NEW YORK AFP — After suffering powerless through eight days of blistering heat, most of 25,000 residents of New York's Queens borough now have their electricity restored, New York Mayor Michael Bloomberg said. "They are down to 3,000 or 4,000 left to go," Bloomberg told reporters after consulting with...
Manufacturing Sector Expands at Slower Pace in March
Bloomberg NewsU.S. manufacturing grew less rapidly in March as prices jumped, setting the economy on course for the first three-year stretch of inflation above the Federal Reserve's preferred range since 1995.The Institute for Supply Managements factory index fell to 55.2 last month from 56.7 in February. Readings on ISM indexes...
Prices Fall In Chile
Lower bus fares in Santiago tell the whole story. And the story, as reported by Bloomberg News from Santiago in early January 2005 is that a decline in oil prices made it possible to lower the fares and prices for many other items that have energy as a component...
Industry Transcripts by Seeking Alpha
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Scholastic Corporation F2Q10 (Qtr End 11/30/09) Earnings Call Transcript
on Dec 17, 2009about SCHL
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Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
on Nov 24, 2009about WMG
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Image Entertainment Inc. F2Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about DISK
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Walt Disney F4Q09 (Qtr End 10/3/09) Earnings Call Transcript
on Nov 12, 2009about DIS
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Nexstar Broadcasting Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about NXST
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