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Oil companies have to be doing something bad: Shell is cutting thousands of jobs

Oil companies have to be doing something bad: Shell is cutting thousands of jobs

Royal Dutch Shell plc, or as many of us know it as, just Shell announced yesterday that it will have to eliminate 5,000 jobs due to the 62% drop in 3rd quarter net income.
It reported a net income of $3.3 billion or 53 cents per …

Coca Cola posts a profit surge for the 3rd quarter

Coca Cola posts a profit surge for the 3rd quarter

If you have gone to the grocery store recently and wanted to pick up a few Cokes you may have noticed the prices of Coca Cola products are outrageous. This is one of my reasons why I stopped drinking soda, but this is also why …

Spectrum Brands lowers 2009 net income predictions

Spectrum Brands makes Rayovac batteries, Remington grooming tools, and insect repellents under the name Hot Shot, Cutter, and Repel.
The company filed for Chapter 11 bankruptcy protection in February and is now lowering its net income predictions for 2009 by 23%. It expects to earn $30 …