Posts Tagged ‘year’

US economy sluggish during first three months of year

Linda Young – AHN News Writer Washington, DC, United States (AHN) – The U.S. economy grew at a meager 1.8 percent during the first quarter of the year, according to the U.S. Commerce Department’s Bureau of Economic Analysis report released Thursday. That was down from the 3.1 percent growth in real gross domestic product (GDP) […]

O’Brien: End of Year Awards for best, worst and just plain goofiest

As 2010 draws to a close, I’ve decided to dole out my first Year End Awards to celebrate the best and mock the worst of tech. Silicon Valley got an earful in 2010 View full post on Business Stories

Brown-Forman Beats Profit Estimates In Q2, Raises Forecast

Kris Alingod – AHN News Contributor Louiseville, KY, United States (AHN) – Brown-Forman posted second quarter earnings on Thursday, beating profit estimates but falling short of expected revenue. The liquor maker raised its outlook for the full fiscal year. Net income for the period ended Oct. 31 rose 5 percent to $154 million, or $1.05 […]

Borders loses $74.4 million in Q3

Kris Alingod – AHN News Contributor Ann Arbor, MI, United States (AHN) – Borders doubled its losses for the third quarter to $74.4 million but is optimistic that changes it made this fiscal year will improve profitability and adapt to the onset of e-readers and digital books. The Michigan-based company reported Thursday it lost $1.03 […]

Q-C Athena awards affiliate with Athena International

A five-year-old awards program that honors Quad-City women for their contributions will make a significant change next year as it affiliates with Athena International to honor deserving women in the r View full post on Business Stories

Red-Berry Day in Gaza, as Farm Products Leave for Europe

The Media Line Staff Gaza, Palestinian Territory (TML) – Um Hajjar Al-Ghalayini, 46 years old, owns half an acre of sandy Gaza land that produces two tons of strawberries every season. Since her husband died two years ago, the crop is the sole means of support for her nine children, mother-in-law and widowed sister, so […]

Campbell Soup 1Q Profit Down 8 Percent

Kris Alingod – AHN News Contributor Camden, NJ, United States (AHN) – Campbell Soup’s earnings for the first quarter of 2011 slid 8 percent but the company maintained its full fiscal year outlook. Net income for the period ended Oct. 31 was $279 million, or 82 cents per share, down from $304 million, or 87 […]

Ireland will request EU and IMF bailout package

Ireland will request an EU and IMF bailout of up to £80 billion on Monday as it prepares to unveil a four year programme of steep tax rises and deep spending cuts. View full post on UK Business Stories

G20 shuns US on trade and currencies

Leaders of the Group of 20 have failed to reconcile their bitter divisions, buying themselves another year to diffuse a conflict over trade imbalances and exchange rates View full post on UK Business Stories

Customs collects RD$8.5B more than 2009

SANTO DOMINGO. – Customs director Rafael Camilo said Wednesday that contrary to previous years, revenue has been “excellent,” with collections of RD$8.5 billion more than last year so far, or 10% than this year’s estimate. View full post on Business Stories