*In the fourt-Quarter, Home Depot's profit fell more than 27%.
*A slowing housing market
led to the company’s first annual sales decline.
*The company said that the 2008 was expected to be worse in terms of sales and profits.
*The home improvement industry has suffered as consumers pulled back on renovations in the face of declining home values.
* The company was also lagging in costumer service.
* The company said that even thought the looses they plan to add 55 stores this year.
*.Lowe’s reported that its fourth-quarter profit dropped by a third.
* it predicted that sales would improve slightly in 2008 Even with the low house selling market
(((NY TIMES)))
Friday, February 29, 2008
Tuesday, February 12, 2008
Presidential Candidates
John McCain:
Republican
*1st place in total delegates
Cut Taxes On The Middle Class:
Hard-working American families need lower taxes
Keep Tax Rates Low:
John McCain will make the Bush income and investment tax cuts permanent, keeping income tax rates at their current level and fighting the Democrats' plans for a crippling tax increase in 2011
Make It Harder To Raise Taxes: John McCain believes it should require a 3/5 majority vote in Congress to raise taxes
Reward Saving, Investment and Risk-Taking.
Ban Internet Taxes: John McCain believes we must make a farsighted, robust, and fervent commitment to innovation and new technologies to sustain our global competitiveness, meet our national security challenges, achieve less costly and more effective health care, reduce dangerous dependence on foreign sources of oil, and raise the quality of education in the United States.
Lower Medicare Premiums.
Stop Earmarks, Pork-Barrel Spending, And Waste.
Budgetary Reform To Give Tax Cuts A Fair Chance.
Reform Social Security: John McCain will fight to save the future of Social Security and believes that we may meet our obligations to the retirees of today and the future without raising taxes.
Control Medicare Growth.
Lowering Barriers to Trade
Hillary Clinton:
Democrat
*1st place in total delegates.
Would establish a $30 billion emergency housing fund to assist states and cities mitigate the effects of mounting foreclosures. Would also include a 90-day moratorium on subprime foreclosures and an automatic rate freeze on subprime mortgages of at least five years. Would provide $25 billion in emergency energy assistance for families facing skyrocketing heating bills. Would invest $10 billion in extending and broadening unemployment insurance for those who are struggling to find work. Would accelerate $5 billion in energy efficiency and alternative energy investments to jump-start green-collar job growth
Republican
*1st place in total delegates
Cut Taxes On The Middle Class:
Hard-working American families need lower taxes
Keep Tax Rates Low:
John McCain will make the Bush income and investment tax cuts permanent, keeping income tax rates at their current level and fighting the Democrats' plans for a crippling tax increase in 2011
Make It Harder To Raise Taxes: John McCain believes it should require a 3/5 majority vote in Congress to raise taxes
Reward Saving, Investment and Risk-Taking.
Ban Internet Taxes: John McCain believes we must make a farsighted, robust, and fervent commitment to innovation and new technologies to sustain our global competitiveness, meet our national security challenges, achieve less costly and more effective health care, reduce dangerous dependence on foreign sources of oil, and raise the quality of education in the United States.
Lower Medicare Premiums.
Stop Earmarks, Pork-Barrel Spending, And Waste.
Budgetary Reform To Give Tax Cuts A Fair Chance.
Reform Social Security: John McCain will fight to save the future of Social Security and believes that we may meet our obligations to the retirees of today and the future without raising taxes.
Control Medicare Growth.
Lowering Barriers to Trade
Hillary Clinton:
Democrat
*1st place in total delegates.
Would establish a $30 billion emergency housing fund to assist states and cities mitigate the effects of mounting foreclosures. Would also include a 90-day moratorium on subprime foreclosures and an automatic rate freeze on subprime mortgages of at least five years. Would provide $25 billion in emergency energy assistance for families facing skyrocketing heating bills. Would invest $10 billion in extending and broadening unemployment insurance for those who are struggling to find work. Would accelerate $5 billion in energy efficiency and alternative energy investments to jump-start green-collar job growth
Monday, February 11, 2008
US economy entering a "Recession"?
1.Recession: Decline in economic activity: a period, shorter than a depression, during which there is a decline in economic trade and prosperity.
2.http://ap.google.com/article/ALeqM5hJjzb-73g6-mEmgvyixbf7Vzw2lgD8UNNUBO2
3.US Is Already in a Recession.
Empty homes and for-sale signs clutter neighborhoods.
People Squeezed by high energy and food bills.
The meltdown in the housing and mortgage markets.
Credit has become harder to get.
The job market is faltering — a point driven home by a report showing that employers cut jobs in January for the first time in more than four years.
2.http://ap.google.com/article/ALeqM5hJjzb-73g6-mEmgvyixbf7Vzw2lgD8UNNUBO2
3.US Is Already in a Recession.
Empty homes and for-sale signs clutter neighborhoods.
People Squeezed by high energy and food bills.
The meltdown in the housing and mortgage markets.
Credit has become harder to get.
The job market is faltering — a point driven home by a report showing that employers cut jobs in January for the first time in more than four years.
Friday, February 8, 2008
Is It Too Late for Yahoo?
Jerry yang became chief executive of Yahoo. the first questions that he had to ask was was whether the company could remain independent.
Mr Yang faces enormous pressure as he decides whether to try to rescue the company from the clutches of Microsoft, or accept the bid and watch Yahoo become part of Microsoft.
A $44.6 billion bid from Microsoft is once again forcing Mr. Yang and his board to consider the viability of Yahoo as an independent company
Mr. Yang and Mr. Filo recognized that they did not have the experience to run the company. They called themselves Chief Yahoos and hired others to fill the chief executive post.
One top executive countered that Mr. Yang had already shuttered some projects and turned Yahoo into a more efficient company, without jeopardizing profitable businesses.
Some analysts said the only move that could have averted Microsoft’s bid was for Yahoo to outsource its search advertising business to Google — something the company is now considering.
My guess is that Yahoo’s fate won’t be completely decided, but the end game is definitely underway. The most likely scenario is that Yahoo will engage negotiations with Microsoft
Mr Yang faces enormous pressure as he decides whether to try to rescue the company from the clutches of Microsoft, or accept the bid and watch Yahoo become part of Microsoft.
A $44.6 billion bid from Microsoft is once again forcing Mr. Yang and his board to consider the viability of Yahoo as an independent company
Mr. Yang and Mr. Filo recognized that they did not have the experience to run the company. They called themselves Chief Yahoos and hired others to fill the chief executive post.
One top executive countered that Mr. Yang had already shuttered some projects and turned Yahoo into a more efficient company, without jeopardizing profitable businesses.
Some analysts said the only move that could have averted Microsoft’s bid was for Yahoo to outsource its search advertising business to Google — something the company is now considering.
My guess is that Yahoo’s fate won’t be completely decided, but the end game is definitely underway. The most likely scenario is that Yahoo will engage negotiations with Microsoft
Friday, February 1, 2008
Microsoft makes offer to buy Yahoo!
http://www.allheadlinenews.com/articles/7009900939
Microsoft has offered $44.6 billion to buy the company.
Software giant Microsoft has bid $44.6 billion to acquire Yahoo, Google's long-time rival
Microsoft Corp., the world's biggest software maker, made an unsolicited $44.6 billion offer for Yahoo! Inc. to challenge Google Inc.'s dominance in Internet search services and advertising.
The $31-a-share bid of cash or Microsoft stock is 62 percent more than Yahoo's closing price yesterday
The purchase would be the largest acquisition ever in the technology industry. There have been bigger media and telecommunications deals.
Executives contend that the acquisition would jumpstart Microsoft's online advertising business by establishing it as a must-buy for marketers.
My guess is that Yahoo’s fate won’t be completely decided, but the end game is definitely underway. The most likely scenario is that Yahoo will engage negotiations with Microsoft
Microsoft has offered $44.6 billion to buy the company.
Software giant Microsoft has bid $44.6 billion to acquire Yahoo, Google's long-time rival
Microsoft Corp., the world's biggest software maker, made an unsolicited $44.6 billion offer for Yahoo! Inc. to challenge Google Inc.'s dominance in Internet search services and advertising.
The $31-a-share bid of cash or Microsoft stock is 62 percent more than Yahoo's closing price yesterday
The purchase would be the largest acquisition ever in the technology industry. There have been bigger media and telecommunications deals.
Executives contend that the acquisition would jumpstart Microsoft's online advertising business by establishing it as a must-buy for marketers.
My guess is that Yahoo’s fate won’t be completely decided, but the end game is definitely underway. The most likely scenario is that Yahoo will engage negotiations with Microsoft
Subscribe to:
Comments (Atom)