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- Recession to leave permanent scars
- On a blustery November morning at an airfield outside London, an enormous second-hand car auction is buzzing. Demand is so great that average prices have risen 27 per cent over the past year. "The turnround started in January and we haven't looked back since," says Tim Naylor of British...
- News items 2009-11-23
- Weak economy hurts music publishing
- Music publishing, once one of the few stable areas of an industry suffering from declining CD sales and online piracy, is starting to suffer from the weak economy, results from Warner Music showed on Tuesday.Fewer ads are being made and aired, limiting music companies' once-healthy revenues from the use...
- News items 2009-11-24
- Planning for upturn hurts Autonomy
- The cost of preparing for an economic upturn, including a product launch, hurt gross margins at Autonomy in the third quarter, pushing shares in the software company down 8 per cent yesterday.Cambridge-based Autonomy, whose software is used by businesses and governments to search for and analyse unstructured information such...
- External links 2009-10-20
- Publicis claims worst of slump is over
- PARIS, Oct 27 - Advertising group Publicis said the worst of the economic downturn was over, forecasting a better fourth quarter and a return to growth in the second half of 2010, after posting lower third-quarter sales.The world's third-largest advertising group in terms of revenue said third-quarter sales were...
- News items 2009-10-27
- WPP puts its faith in 'LUV' recovery
- WPP is counting on tough "LUV" to lead it out of the recession, the advertising group said on Friday, as it revealed declines in revenue only slightly worse than its French rival Publicis but ahead of the other global ad agencies.Shares in WPP rose 4.3 per cent or 23...
- External links 2009-10-30
- Johnson & Johnson to slash workforce
- Johnson & Johnson on Tuesday announced that it would slash 6 to 7 per cent of its 117,000 global employees by 2011 as it cuts costs to weather the global downturn and increase spending on new products.The move comes as the company sees a sluggish recovery from the global...
- News items 2009-11-03
- Tomkins airs car hopes
- Shares in Tomkins moved ahead as the car parts maker forecast a small recovery in global carmaking volumes.Jim Nicol, chief executive, said interim revenue, which fell from $2.9bn (£1.7bn) to $2bn, had been adversely affected by downturns in the automotive and construction sectors, with trading in North America particularly...
- External links 2009-08-13
- Bullion demand at 5½-year low
- Demand for gold sank to a 5½-year low in the second quarter of 2009 with jewellery buying weakened by global economic recession."The global economic downturn has had a major impact on the purchasing power of gold consumers, as have high local prices and dollar volatility," said Aram Shishmanian, chief...
- External links 2009-08-19
- RTL says ads 'will not pay all the bills' as profits plunge
- Economic recovery in Europe will not guarantee a return to growth for companies dependent on television advertising, the chief executive of the continent's largest broadcaster said on Wednesday."In the future, advertising will not pay all the bills," said Gerhard Zeiler.Mr Zeiler said it was impossible to see more than...
- External links 2009-08-26
Additional Resources
- Recession Recovery: Is it All in the Mind?
- Reading BNET1's latest find from Bain & Co, it occurs to me that there's rarely a day that goes by without a new usually pessimistic forecast about the economy, an industry, or an individual business. But whose predictions should we heed -- how reliable are the analysts...
- Blog posts 2008-12-02
- Preparing for a Recession Recovery | Leila's House of Corrections
- The economy is showing signs of improvement. While it may take time for the recovery to trickle down to businesses, don't sit back and wait. Here are some smart things you can do to prepare.
- Videos 2009-10-11
- European Recession Over, Still Blackspots
- By Brian LovePARIS (Reuters UK) - The euro zone shook off recession in the third quarter although the largely government-engineered rebound after more than a year of shrinkage fell a little short of forecast, official estimates showed on Friday.Economists said the comeback appeared to be mostly driven by exports and...
- News items 2009-11-13
- The Coming Jobless Recovery
- Now we are getting the clearest indication yet that we are headed for a jobless recovery. A total of 467,000 jobs were eliminated in June, bringing the jobless rate to 9.5 percent from 9.4 percent in May, according to the Labor Department. The jobless rate was the...
- Blog posts 2009-07-02
- U.S. Recession Should End This Quarter, Economists Say
- WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression will probably end in the third quarter, but uncertainty exists over the speed and duration of the economic recovery, according to the most recent survey of private economists. The Blue Chip Economic Indicators survey of private economists released on...
- News items 2009-08-10
- Nine Million Part-Timers Mean Slow Job Growth in Recovery
- During this recession we've come to learn that the headline rate of unemployment doesn't tell us the whole truth about the job market. The official rate for July was down a bit, to 9.4 percent, but the government's alternative measure (called U-6), which includes people who are forced to work...
- Blog posts 2009-08-20
- Recession May Be Over, But Don't Relax Just Yet
- If the recession really is over, what should companies do? Can they take it easy now? Well, they could try taking the credit for ending the slide in economic activity or they could thank the government for slashing interest rates and keeping consumer spending buoyant. ...
- Blog posts 2009-06-11
- Recovery starting for electronics industry, but damage will be felt for long time, says Gartner
- The recovery is under way for the electronic equipment industry; however, much uncertainty continues to rest on the macroeconomic recovery and the effectiveness of government stimulus packages, especially when that stimulus runs out, according to Gartner. As a result, Gartner does not expect a sustainable recovery pattern until 2010, and...
- News items 2009-10-14
- Expect a Slow March out of Recession
- Now that the recession is over (phew, that's a relief), how quickly can we expect the U.S. economy to rebound? Historically, the steeper the fall, the sharper the recovery. Unfortunately, this beast of a recession is no ordinary rabbit. Through August, the recession will have lasted 20...
- Blog posts 2009-10-01
- Philips Electronics: Ready for the Recovery
- Philips Electronics PHG shocked analysts by reporting an outstanding third quarter. Profits were $256 million or $0.19 a share. That was more than three times last year’s third quarter of $0.06 a share. Analysts were expecting a loss. Sales were down 11%, showing that Philips is not immune from the...
- External links 2009-10-14
- How to Spot an Economic Recovery
- Three easy ways to tell when the rebound has finally arrived. The answer for now: Not yet. ...
- Articles 2009-04-24
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