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Articles tagged with: losses

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No…not the d-word!

From the Barron’s video report, Bob O’Brian, questions whether we should be throwing around the word “depression” to define our current recession.
With the fed reducing rates, unemployment on the rise, companies posting consecutive losses, and other problems building up, there is little to look forward …

American Express to cut 10% of workforce.

American Express is also going through some hard times, in an effort to cut $1.8 billion in 2009, it is laying off 7,000 workers, about the equivalent of 10% of its workforce. After four straight quarters of losses, not only is Amex going to …

On a side note, Krispy Kreme will sell ice cream :)

I really like Krispy Kreme doughnuts, I would buy them if they were fresh in our grocery stores, but they’re not. It’s something from my childhood that reminds me of when dad would take me to the Krispy Kreme store to get a fresh …

Are you flying?

Many airlines are posting losses. United Airlines, US Airways, and Jet Blue all posted losses today. Airline stock is one that goes up when oil goes down, so with oil going up constantly airlines have been posting losses and their stocks are at all time …

Citigroup and their $2.5 Billion loss

Citigroup posted a $2.5 Billion dollar loss for the second quarter. In my opinion, that?s not good at all. That would be called a disaster. However, this loss was less than expected, so it’s good? Yea, I’m confused. This was their 3rd loss in a …