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Factoid du Jour
9 hours ago ago from Dissenting Democrat
The collective deficit or shortfall for ALL of the State governments is $ 168 BILLION. The total sum of Federal assistance for ONE corporation, the AIG insurance giant, was $ 180 BILLION. The Federal Government, having lavished its attentions on corporations like AIG, will likely not have the resources to bailout the broke States. To whom should we have an obligation? The states which share the people's sovereignty with the federal ...
Related contentOwens & Minor Reports Strong 2009 Financial Results
13 hours ago ago from 7x7 Financial
Owens & Minor (NYSE-OMI) reported financial results for the fourth quarter ended December 31, 2009, including quarterly revenue of $2.04 billion, increased 4.2% when compared to revenue of $1.96 billion in the fourth quarter of 2008. Income from continuing operations for the quarter improved 16.9% to $32.0 million, or $0.76 per diluted share, compared to $27.4 million, or $0.66 per diluted share, for the same period last year. Net income for ...
Related contentFrom the diaries of politics
20 hours ago ago from The Cautionary revelation of the apocalypse
The government own and controlled Scandinavian airline SAS has announced a new share issue to raise 5 billion kronor ($674 million) as well as a program of cuts and savings designed to save a further 2 billion kronor. For some reason the current Swedish government, lefties and Keynesians as they are, have decided to buy some of those shares, further making the Swedish people pay for a useless company going down. SAS is among the most ...
Related contentTelenor Alltime High Cash Flow in Fourth of Quarter 2009
1 hour, 1 minute ago ago from Telecom News Bulletin
Strong cash flow in 2009 “ In 2009 the main focus within the Telenor Group has been to secure market positions while scaling our activities to a challenging business environment . The full year results demonstrate our commitment to these priorities . We had a strong operating cash flow in 2009, and the Nordic region was the main contributor with NOK 10 billion. In spite of weak macro economic conditions, our operations in Central and ...
Related contentNYSE Beats on Lower Expenses Analyst Blog
16 hours ago ago from Stock Market News & stocks to watch from StraightStocks
NYSE Euronext, Inc. s ( NYX ) fourth quarter operating earnings per share of 58 cents came in decisively ahead of the Zacks Consensus Estimate of 48 cents. Earnings were also ahead of the 52 cents per share recorded in the year-ago quarter and 53 cents in the prior quarter. Results reflect increasing momentum in the business model and the continuing benefit from the various cost reduction programs, including 14% year-over-year reduction ...
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The Mouse is in the House - MarketBeat - WSJ
9 hours ago ago from Wall Street Journal
By Matt Phillips Disney shares are up after the close, as the company beat expectations for its fiscal first quarter on both the top and the bottom lines. Dow Jones Newswires' Kathy Shwiff reports: Walt Disney Co.'s fiscal first-quarter profit was little changed despite bigger profits in the film studio and television operations as charges and gains skewed comparisons. Shares rose 1.8% to $30.39 in after-hours trading as the media giant ...
Related contentBofA spent $1.18M lobbying government in 4Q
14 hours ago ago from U.S. News
BofA spent $1.18M lobbying government in 4Q CHARLOTTE, N.C. (AP) -- Bank of America Corp., the nation's largest lender, spent $1.18 million in the fourth quarter to lobby the federal government on issues such as executive compensation, credit cards and mortgage lending practices, according to a recent disclosure report. That's up from the $820,000 it spent in the 2008 fourth quarter at the height of the financial crisis, and the $930,000 it ...
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