Office holiday parties go on hiatus, but the risks remain
Oct 27, 2009 Object
Filed under: Economy, People, One Year Later
Whether the office holiday party is a chance to unwind with colleagues or an evening of forced fun with people you’re already sick of seeing all day, it’s an institution of corporate America. The food is abundant, the liquor flows, and for a few hours, your colleagues are human beings. Then the next morning, you return to work with a hangover and with the same beefs you had before the party.
There’s only one thing worse than having to go to the holiday party, and that’s to learn that yours has been canceled. When corporate penny-pinching axes the event, that sends an unequivocal message about the company’s financial strength and puts everyone on edge.
Continue reading Office holiday parties go on hiatus, but the risks remain
Office holiday parties go on hiatus, but the risks remain originally appeared on DailyFinance on Tue, 27 Oct 2009 15:40:00 EST. Please see our terms for use of feeds.
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Office holiday parties go on hiatus, but the risks remain
Tags: boost-recovery, buybacks-are, christmasparties, entry, holiday-parties, house, one-year-later, then-the-next
Baidu shares plummet after the Chinese search site switches its ad technology
Filed under: Company News, Technology, Earnings
Baidu (BIDU) — the Google of China — took a major stock market beating Tuesday, as investors bailed out following the company’s warning that revenue may fall while it rolls out a new advertising system. On Monday, Baidu announced a 42 percent jump in third-quarter profit, beating analysts’ expectations, as more large clients moved into web advertising. But the shares plunged after the company said it expects a “temporary negative impact” on next quarter’s revenue as it transitions to the new ad system, called Phoenix Nest.
Continue reading Baidu shares plummet after the Chinese search site switches its ad technology
Baidu shares plummet after the Chinese search site switches its ad technology originally appeared on DailyFinance on Tue, 27 Oct 2009 15:00:00 EST. Please see our terms for use of feeds.
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Baidu shares plummet after the Chinese search site switches its ad technology
Tags: baidu, chinese, google, holiday-parties, news, phoenix, search ads, search technology, searchadvertising, switches-its, technology
BP gushes on earnings but shares and dividend still look good
Filed under: Company News, Investing, Earnings, Stock Picks
No doubt the global recession has been tough on energy companies, but now that oil is back at $80 a barrel, well, it’s hard to have much sympathy. Still, if you can’t beat ‘em, join ‘em. BP (BP), as one of the world’s largest integrated oil and gas companies, has a bright future, thanks to inexorably rising demand.
The energy giant reported a quarterly profit Tuesday that easily surpassed analysts’ expectations. That sent shares up sharply, but they still offer a compelling value. On a forward earnings basis, the stock trades at about a 50 percent discount to the broader market, according to Thomson Reuters, while historically being about 25 percent less volatile. That makes for an intriguing risk-reward scenario.
Continue reading BP gushes on earnings but shares and dividend still look good
BP gushes on earnings but shares and dividend still look good originally appeared on DailyFinance on Tue, 27 Oct 2009 14:45:00 EST. Please see our terms for use of feeds.
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BP gushes on earnings but shares and dividend still look good
Tags: a-bright-future, broader, chinese, dividend, google, holiday-parties, news, shares-and, value investing, world
McDonald’s says goodbye to Iceland, land of fire and ice (but not fries)
Filed under: Economy, McDonald’s
On Tuesday, McDonald’s (MCD) announced its plans to leave Iceland. This weekend, the global restaurant’s three franchises, all located in Reykjavik, will close their doors, as the country’s weak economy has made Big Mac’s prohibitively expensive.
McDonald’s has only been in Iceland for a few years. The first golden arches arrived on the island in 1993, and then-Prime Minister David Oddsson ate the country’s first Big Mac. Ironically, the Big Mac outlasted Oddsson by a few months; the Prime Minister later went on to become governor of the country’s central bank, but was fired by Iceland’s Parliament in February of this year.
Continue reading McDonald’s says goodbye to Iceland, land of fire and ice (but not fries)
McDonald’s says goodbye to Iceland, land of fire and ice (but not fries) originally appeared on DailyFinance on Tue, 27 Oct 2009 14:15:00 EST. Please see our terms for use of feeds.
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McDonald’s says goodbye to Iceland, land of fire and ice (but not fries)
Tags: a-bright-future, a-few-years, a-friend-via, bigmac, bolivia, broader, chinese, dividend, entry, global, holiday-parties, norway, shares-and, the-country-, world
Obama’s smart grid funding leaves California out in the cold
Oct 27, 2009 Object
Filed under: Energy, Technology
President Barack Obama announced today that he is pushing out $3.4 billion in stimulus spending to fund the development and construction of the much vaunted “smart grid.” Significant portions of the funding will go toward subsidizing so-called smart electrical meters for large utilities. Utilities in Florida and Maryland are set to get multi-hundred million dollar grants to underwrite smart meters and other infrastructure upgrades.
But a quick read of the stimulus list implies that the government will inadvertently penalize some utilities that have already moved quickly to build smart meter programs. The biggest loser of all? California. Big utilities in the Golden State got more or less shut of funding awards from Washington D.C. on this round, according to blog Earth2Tech.
Continue reading Obama’s smart grid funding leaves California out in the cold
Obama’s smart grid funding leaves California out in the cold originally appeared on DailyFinance on Tue, 27 Oct 2009 13:30:00 EST. Please see our terms for use of feeds.
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Obama’s smart grid funding leaves California out in the cold
Tags: a-bright-future, cold, energy, entry, florida, golden-state, holiday-parties, more-or-less, norway, power, smart, stimulus, technology, utilities, world
Marijuana critics, and our brilliant plan to save the San Francisco ‘Chronic’-le
The decline in newspaper advertising and an upswing in medical marijuana sales are happening simultaneously. And if viewed together, they present an illuminating opportunity for a few daily papers, should their publishers take advantage of the opportunity.
The two industries are moving in opposite directions. We all know what’s happening to newspaper ad sales: The Audit Bureau of Circulations released precipitous circulation figures on Monday, with a shocking average decline of close to 11 percent over the past six months for daily papers. Weed’s having better luck. The Justice Department announced last week that it will no longer prosecute medical marijuana users, and instead leave enforcement up to individual states (only 13 of which permit marijuana as legal pain relief).
Continue reading Marijuana critics, and our brilliant plan to save the San Francisco ‘Chronic’-le
Marijuana critics, and our brilliant plan to save the San Francisco ‘Chronic’-le originally appeared on DailyFinance on Tue, 27 Oct 2009 12:50:00 EST. Please see our terms for use of feeds.
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Marijuana critics, and our brilliant plan to save the San Francisco ‘Chronic’-le
Tags: a-few-daily, alt weekly, altweekly, chronicle, circulation, entry, francisco, golden-state, holiday-parties, norway, power, technology
Top 5 Reasons You Pack on the Pounds During the Holiday Season
Sep 24, 2009 Object
The leaves turn brown and crunchy, the air gets crisp and cool, and you know fall and winter are approaching. This transition signals travel, family time, holiday parties and another signature seasonal element — gaining weight.
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Top 5 Reasons You Pack on the Pounds During the Holiday Season
Tags: and-cool, are-approaching-, brown-and, family-time, gets-crisp, holiday-parties, leaves-turn, signature-seasonal
