November 30th, 2009
As long as we are doing it this year, why not do it always?
"This year, it all comes down to value and getting the best bang for your shopping dollar," said Tod Marks, senior editor of Consumer Reports.
He was referring to a survey by the magazine showing nearly two-thirds of Americans […]
Filed under: money by Forest
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November 29th, 2009
Japan’s consumer prices fell at a near record pace in October, reinforcing the government’s concern that deflation will hamper the economy’s recovery from its worst postwar recession.
Prices excluding fresh food slid 2.2 percent from a year earlier after dropping a 2.3 percent in September, the statistics bureau said today in Tokyo. That matched […]
Filed under: term by Forest
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November 27th, 2009
MONTREAL–Bombardier Aerospace says it will lay off an additional 715 workers in its Montreal-area facilities as it reduces production of its CRJ regional jets.
The company says a tough economic and airline industry environment make it difficult to gain new aircraft orders. Executives have been warning of cuts to the company's workforce for some […]
Filed under: marketing by Forest
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November 26th, 2009
The number of people making initial claims for unemployment payments fell in the week ending Nov. 21, the U.S. Labor Department reported Wednesday.
The advance figure for seasonally adjusted claims was 466,000, down from 501,000 in the week ended Nov. 14, according to a news release.
The total number of U.S. citizens receiving unemployment benefits as of […]
Filed under: management by Forest
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November 23rd, 2009
Small-business owners with cash flow problems might be tempted during yet another difficult holiday season to forgo gifts for clients or customers. Many look at gifts as budget items that just aren’t critical.
There’s another, bigger-picture way to look at business giving. Gifts selected with care convey to customers how important they are, and […]
Filed under: finance by Forest
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November 22nd, 2009
Ontario Power Generation Inc. had a $259 million profit in its latest quarter, although the provincial Crown corporation continued to feel the impact of reduced demand for electricity.
The profit for the three months ended Sept. 30 was an improvement on the $142 million net loss for the same period of 2008.
However, OPG said […]
Filed under: legal by Forest
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November 20th, 2009
Wal-Mart Stores Inc, which has already cut prices on everything from toys to turkeys to TVs to win holiday shoppers, is now reducing the price it charges for money transfers.
Through January 31, U.S. Wal-Mart stores will charge customers a $7 fee to send up to $200 anywhere in the United States or abroad. Previously, […]
Filed under: news by Forest
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November 19th, 2009
China is among the emerging markets facing risks of property and commodity market bubbles, central bank adviser Fan Gang said, joining officials from the region in expressing concern about surging asset prices.
“The real risk is really asset bubbles,” Fan, who heads the National Institute of Economic Research, said at a business conference in […]
Filed under: business by Forest
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November 17th, 2009
Fortinet Inc. said Monday that it well sell 12.5 million shares in its initial public offering this week instead of the 12 million originally planned.
That raises the total value of the offering to up to $137.5 million at the expected initial price of between $9 and $11.
The change is entirely in the number of insider […]
Filed under: news by Forest
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November 16th, 2009
EADS unveiled a 77 percent drop in third-quarter core earnings on Monday, as it battled a downturn in civil aviation and damaging delays to its A400M program.
Europe’s largest aerospace group said earnings before interest and tax (EBIT), or operating income before impairments and certain exceptional items, fell to 201 million euros.
Analysts polled by Reuters […]
Filed under: term by Forest
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