4 posts and columns on economic recovery

Intel Profit, Sales Beat Street

in News on October 13, 2009 at 1:14 pm PT

Posting third-quarter results Tuesday, Intel (INTC) said it earned 35 cents a share on revenue of $9.39 billion. That’s not quite what the company reported during the same period last year, when it saw earnings of 35 cents a share on revenue of $10.2 billion. But it’s much better than investors had been hoping for. [...]

News Corp. Swings to Loss on "Impairment"–and, by "Impairment," I Mean "MySpace"

in Social on August 5, 2009 at 2:27 pm PT

Looks like News Corp. was a little too optimistic when the company told investors in May that it expected a decline of around 30 percent in fiscal-year-adjusted operating income. Reporting earnings this afternoon, the publisher of The Wall Street Journal and this Web site instead posted a decline of 32.5 percent.
303320657_ncd3k-m

News Corp. Swings to Loss on “Impairment”–and, by “Impairment,” I Mean “MySpace”

in Social on August 5, 2009 at 2:27 pm PT

Looks like News Corp. was a little too optimistic when the company told investors in May that it expected a decline of around 30 percent in fiscal-year-adjusted operating income. Reporting earnings this afternoon, the publisher of The Wall Street Journal and this Web site instead posted a decline of 32.5 percent.
303320657_ncd3k-m

eBay: Cheap Stock, Troubled Company

in News on March 12, 2009 at 1:37 pm PT

The fundamental debate over eBay boils down to this: The stock certainly looks cheap–trading at around eight times Street estimates for 2009 earnings. But the core business still appears to many to be fundamentally broken.