Horizon Lines sees earnings soar, cuts outlook

Associated Press
Horizon Lines sees earnings soar, cuts outlook
10.24.08,
3:21 PM ET
CHARLOTTE, N.C. -
Inc. said Friday its profit soared in the third quarter compared with a year earlier, when earnings were weighed down by a charges, but adjusted earnings fell and the company lowered its outlook for full-year earnings.
The shares tumbled $1.05 cents, or 15 percent, to $5.90 in afternoon trading.
Horizon reported net income of $12.5 Read the rest of this entry »

Stocks set to ease into holiday

NEW YORK (CNNMoney.com) -- Stocks were set for a flat start in Wednesday's holiday-shortened session ahead of key economic and oil inventory reports to be released later in the day.
At 6 a.m. ET, Nasdaq and S&P futures were little changed with a comparison to fair value. Dow futures were slightly higher.
Futures measure current index values against perceived future performance and provide an indication of how markets will open when trading begins Read the rest of this entry »

How to tell family you want out of business

Q: For the past 22 years, my brother and I have been running the company we took over from our father when he retired. It's very successful, thanks in large part to my brother's work-a-holic commitment to it. His oldest son works for us, but none of my children are in the business. I've reached the point where I'd like for us to sell the company and retire in comfort off the proceeds. But when I brought up the subject, my brother waved Read the rest of this entry »

Whirlpool posts lower profit, cuts more jobs

ATLANTA (Reuters) - Whirlpool Corp reported lower quarterly profit on Tuesday as U.S. sales fell, and the world's biggest appliance maker said it would cut 5,000 jobs by the end of next year.
Whirlpool also sharply cut its full-year outlook.
The 5,000 job cuts include plant closures that have already been announced as well as new reductions, the company said.
Net earnings fell to $163 million, or $2.15 a share, from $175 million, or $2.20 a Read the rest of this entry »

GameStop Q3 Earnings Call Transcript

GameStop Corp. (
November 20, 2008 11:00 a.m. ET
R. Richard Fontaine - Executive Chairman
Daniel A. DeMatteo - Vice Chairman & Chief Executive Officer
David W. Carlson - Chief Financial Officer & Executive Vice President
Tony D. Bartel - Executive Vice President - Merchandising and Marketing
William Armstrong - C.L. King & Associates, Inc.
Arvind Bhatia - Sterne, Agee & Leach
Mike Hickey - Janco Partners, Inc.
Good morning. Welcome Read the rest of this entry »

Android Marketplace: Number of apps nearly triple in five days

When the Android Marketplace (the place to download applications for the Google Android mobile platform) launched last week, things
. It looked especially weak compared to Apple’s App Store, which launched with more than 600 apps early in the summer. But less than a week into the Marketplace’s existence, things are filling out,
.
By October 29, the number of apps in the Android Marketplace had risen to 167, nearly three times as Read the rest of this entry »

China’s Israel Chamber of Commerce meets

November 9, 2008
The Israel Chamber of Commerce in China held its first meeting inBeijing.
Businesses represented at the Nov. 6 meeting, which came came two months after Israeli President Shimon Peres marked the founding of the chamber during the Olympics, ranged from tour companies to IP firms to a local kindergarten. Agriculture and high-tech are the Chinese industries in which Israeli companies are most prominent.
Einat Tzur, the organization’s Read the rest of this entry »

Japan's Nikkei stock index jumps almost 10 percent

The benchmark Nikkei 225 stock index soared 817.86 points, or 9.96 percent, finishing at 9,029.76 in its third consecutive day of gains. The broader Topix index jumped 8.32 percent to 899.37.
"Pessimism that has gripped the global stock market eased on the U.S. rate cut, sparking buying in Tokyo and across Asia," Kazuhiro Takahashi, equity strategist at Daiwa Securities SMBC Co. Ltd.
The U.S. Federal Reserve on Wednesday slashed a key interest Read the rest of this entry »

Tocquigny Selected Finalist for Global Six Sigma & Business

As a leading interactive advertising agency, Tocquigny guides companies
to winning business solutions for the digital age. Our innovative
marketing, strategy and business solutions are developed through a
rigorous approach based on measurement and accountability. And our
application of creativity across all competency areas has become a
cornerstone principle that sets us apart from other firms. Tocquigny
Read the rest of this entry »

iHostStores Offers 50% Discount on All e-Commerce Plans

Bellevue, WA (
) November 21, 2008 -- iHostStores, a provider of e-Commerce services for small businesses, announced a promotional discount of 50% off the price of all e-store plans. E-commerce is one of the best ways for businesses of any size to reach more potential customers and create new revenue streams. By cutting the cost in half, iHostStores is reducing the barriers to entry and lowering the startup cost for companies not yet selling on Read the rest of this entry »