Archive for: Company News

Boeing Beats Profits. Future Still Cloudy

A confession…I used to like Boeing for its long-term prospects. Countries stepping into the 21st Century with a burgeoning middle class – like those from Latin America, central Europe and Asia – typically take huge jumps in air travel.

America’s Biggest Franchiser Gives the Brits Something To Chew On

People tend to dismiss McDonalds. It’s been around so long. And the dollar menu is nothing new anymore. But McDonalds is an extremely well run fast-food franchiser.

Intel Outperforms Apple in Third Quarter Results

Intel has been rising on news of its technology breakthroughs. Most recently he announced the development of a battery technology that would allow laptops to operate for more than 24 hours without being plugged in. Now its shares should rise because it registered better-than-expected gains in revenue and profits

If Lending Is Up, Why Are US Banks Down?

Are US banks safe again? And exactly how much more growth do they have left in the tank? I don’t trust our big banks. And the third quarter was rough on the economy. But the banks did more than just survive. Their lending went up and their bad loans went down. I’d call this a satisfying quarter (though not a great one by any means).

Google Results “Nothing Short of Phenomenal”

Yesterday, Google reported quarterly results that blew away expectations…again. Many are surprised that this Internet giant keeps growing. Not me.

Goldman Strikes Again. “We Were Ripped Off,” Says British Official.

If I’m ever caught with a smoking gun in my hand, blood on my shirt and a dead body in the room, I want Goldman’s in-house lawyers to defend me. I’d get probation at worse.

Bankers Steel Themselves for the Next Financial Crisis by Counting Up Their Bonuses

Banks have badly lagged behind the S&P 500 so far this year. Goldman may report in the upcoming days only its second quarterly loss in a decade. JP Morgan is also expected to report a disappointing quarterly performance. But, they still demand their…

Is Southwest Getting Too Smart For Their Own Good?

I’ve admired Southwest for years. I also fly with them. Their flights get delayed too much for my liking but I’d have the same complaint with every other airline too…