Profits

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      Beware of soaring profits

      Posted by SoxFirst

      How much can we believe companies that report increased earnings over 20 quarters? A new study suggests we should probably take it with a bag or three of salt. The researchers found that most companies smooth their earnings.

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      Bad profits, bad companies

      Posted by SoxFirst

      Why do phone companies lock customers into complex contracts with charges hidden in the fine print? Why do the banks keep charging such ridiculous fees? One good reason is that it's profitable. But these profits are bad because they are the result of extracting value out of a customer rather than creating it.

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    • Monster BAE profits

      Posted by SoxFirst

      Who cares about corruption allegations? British defence and aerospace company BAE Systems has reported a higher than expected 19 per cent rise in first half profits, driven largely by its expansion into the US. A little matter of endless war in Iraq and conflict in Afghanistan have also boosted its profits.

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    • US jobless rate increases Falling employment, stagnant wages fuel US corporate profits

      Posted by Sandyenglish

      Non-farm employment in the US rose by only 88,000 jobs in April, far lower than the 110,000 jobs expected by economists and the slowest rate in more than two years, according to a Labor Department report released Friday. The official jobless rate rose by 0.1 percent to 4.5 percent last month and would have been even higher if more than 339,000 workers had not fallen out of the job market in April due to the lack of decent employment opportunities.

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    theangryindian

    Member since Sep 2008

    “The Angryindian” is an internationally recognized Indigenist activist and outspoken critic of U.S. colonialism practised against Aboriginal societies in America and abroad. He is editor of IntelligentaIndigena Novajoservo and the host of Radyo Inteligentaindigena, an independent, non-partisan international Indigenist podcast.

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