'us'에 해당되는 글 47건

  1. 2016.12.27 Russian Hackers Run Record-Breaking Online Ad-Fraud Operation by CEOinIRVINE
  2. 2010.02.19 America's Most Miserable Cities by CEOinIRVINE
  3. 2009.07.13 Buy Stocks (WIND Energy) ASAP by CEOinIRVINE
  4. 2009.04.07 US iPod repairman guilty of fraud by CEOinIRVINE
  5. 2009.04.04 Disney cuts 1,900 US jobs at theme parks by CEOinIRVINE
  6. 2009.03.31 Statins Dethroned by CEOinIRVINE
  7. 2009.03.07 U.S. Unemployment Rate Jumps to 8.1 Percent by CEOinIRVINE
  8. 2009.02.28 US bank regulator expands debt guarantee program by CEOinIRVINE
  9. 2009.02.20 Opening View: Hewlett-Packard, Sprint Nextel, and Whole Foods Market in Focus by CEOinIRVINE
  10. 2009.01.06 Best Big Companies in the U.S. by CEOinIRVINE

Russian Hackers Run Record-Breaking Online Ad-Fraud Operation

'Methbot' is a sophisticated cybercrime scheme that has hit major US advertisers and publishing brands and pilfered millions of dollars per day.


Cybercriminals out of Russia are behind a newly discovered massive online advertising fraud operation hiding in plain site that steals up to $5 million per day from big-name US advertisers by posing as some 6,000 major US media sites including The Huffington Post, Fortune, ESPN, CBS Sports, and Fox News, and generating fake ad impressions.

Researchers at White Ops recently spotted the so-called "Methbot" operation pilfering anywhere from $3 million to $5 million per day in what they say is the largest and most profitable online ad fraud operation in history. Methbot has been operating for three years under cover by a Russian cybercrime group that White Ops has dubbed "AFK14," with a unique twist: its own internal botnet infrastructure runs and automates the click-fraud rather than the traditional ad fraud model of infecting unsuspecting consumers to do the dirty work.

Sponsor video, mouseover for sound

US advertisers in October alone lost a whopping $17.7 million to the criminal hackers, according to White Ops, and AFK13 made some $10.6 million.

AFK13, which is based in Russia, also employs data centers in Dallas and Amsterdam, to run its botnet via spoofed IP addresses that help them evade blacklists. The cybercrime gang created its own Web browser in order to better hide its tracks, as well as its own HTTP library.

"This is the largest operation ever discovered in digital ad fraud," says Eddie Schwartz, president and COO of White Ops, an ad fraud detection firm, which published its findings on AFK13 and its Methbot infrastructure today. "This one is unique in that they went to the trouble of writing their own browser code … They game everything across the entire value chain" of online advertising, he says.

The Methbot network basically drives video and other ad impressions that appear to be humans clicking on them. But video ad "watching" is actually via its botnet of automated Web browsers of more than a half-million Internet addresses using phony IP registrations posing as large ISPs such as Verizon, Comcast, AT&T, Cox, and CenturyLink.

The botnet generates phony impressions for up to 300 million of these ads daily and sends them via 6,111 Internet domains posing as actual ad inventory on brand-name websites, according to White Ops.  

"Ad companies are losing because they're paying the bill" for phony impressions, White Ops' Schwartz says.

Methbot until recently was able to operate under the radar because the Russian cybergang behind it has apparently studied how to avoid detection, including reverse-engineering and duping ad-fraud measures and spoofing fraud verification data so the advertiser sees Methbot's ad impressions as legit, even though they're phony.

AFK13's Methbot has tallied some 200 million to 300 million phony video-ad impressions daily, making an average of $13.04 per CPM, or around $4 million in phony ad inventory revenue each day.

The Russian hackers even have built the bots to imitate mouse movements and social media login information so they appear to be human-generated activity. "They're making the traffic look like residential humans," Schwartz says.

He says the forged and compromised domains made them appear legit to the advertising exchange services that broker ad space inventory for publishers. The exchanges were fooled into believing they were handing the subsequent ad impressions to the publishers, but that phony yet billable traffic instead went to Methbot.

'Hacking' 카테고리의 다른 글

A Cybersecurity Christmas Story  (0) 2016.12.27
Brute-Force Botnet Attacks Now Elude Volumetric Detection  (0) 2016.12.27
How to tell if an email is forged  (0) 2016.09.09
Jessica  (0) 2016.03.11
CSD ExecGuide  (0) 2016.01.13
Posted by CEOinIRVINE
l

America's Most Miserable Cities

Kurt Badenhausen, 02.18.10, 12:01 AM EST

Cleveland leads a slew of Midwestern towns on our annual list, but thanks to high taxes New York and Chicago make it too.


The city of Cleveland has had a colorful history. The Cuyahoga River, which runs through the city, famously caught fire in 1969 thanks to rampant pollution, and it wasn't the first time. In 1978 it became the first U.S. city to default on its debts since the Great Depression. Cleveland sports fans have had to endure more anguish than those in any other city. The city has been dubbed with a less than endearing nickname: the Mistake by the Lake.

This year Cleveland takes the top spot in our third annual ranking of America's Most Miserable Cities. Cleveland secured the position thanks to its high unemployment, high taxes, lousy weather, corruption by public officials and crummy sports teams (Cavaliers of the NBA excepted).

Misery was on the rise around the country last year. Sure the stock market was up big, but so were unemployment, foreclosures and bankruptcy filings. Meanwhile housing prices, the U.S. dollar and approval ratings for Congress continued their downward spiral.

The widely tracked Misery Index initiated by economist Arthur Okun, which combines unemployment and inflation rates started 2009 at 7.3 and rose to 12.7 by the end of the year thanks to soaring joblessness. That is the highest level since 1983.

Our Misery Measure takes into account unemployment, as well as eight other issues that cause people anguish. The metrics include taxes (both sales and income), commute times, violent crime and how its pro sports teams have fared over the past two years. We also factored in two indexes put together by Portland, Ore., researcher Bert Sperling that gauge weather and Superfund pollution sites. Lastly we considered corruption based on convictions of public officials in each area as tracked by the Public Integrity Section of the U.S. Department of Justice.

We expanded the list of cities under consideration this year to include the 200 largest metropolitan statistical areas (in years past we've examined 150), which led to a shuffling in the ranks. Any area with a population of more than 245,000 was eligible.

Cleveland nabbed the top spot as a result of poor ratings across the board. It was the only city that fell in the bottom half of the rankings in all nine categories. Many residents are heading for greener pastures. There has been a net migration out of the Cleveland metro area of 71,000 people over the past five years. Population for the city itself has been on a steady decline and is now less than half of it what it was 50 years ago.

Cleveland ranked near the bottom when looking at corruption. Northern Ohio has seen 309 public officials convicted of crimes over the past 10 years according to the Justice Department. A current FBI investigation of public officials in Cuyahoga County (where Cleveland is located) has ensnared more than two dozen government employees and businessmen on charges including bribery, fraud and tax evasion.


Posted by CEOinIRVINE
l

Wind Energy Companies

A Snapshot of the Global Wind Industry

By Nick Hodge
Tuesday, August 26th, 2008

I've discussed wind energy in these pages many times before, but the conversation seems to have always turned to a discussion of wind turbine stocks.

Today, I want to take a step back, look at the industry as a whole, and focus more broadly onwind energy companies.

The Wind Energy Industry

First, let's get a quick rundown of the growth of the domestic and international wind markets out of the way.

Here's the chart for wind power capacity growth by year:

wind power capacity growth by country

As you can see, global installed capacity for wind energy has grown 482% over the last seven years, from 14,604 MW in 2000 to 84,934 MW in 2007.

Broken down further, the international wind industry has a compounded annual growth rate (CAGR or year-over-year) of 28.6%, which is impressive, to say the least.

But the past performance of the wind energy stocks is going to do little to help the future performance of your portfolio, apart from establishing an historic trend and highlighting what you've been missing.

So here's the global wind energy installed capacity forecast, going out to 2012:

wind energy installed capacity forecast
This data reveals that the industry will grow 215% between 2007 and 2012, from 84,934 MW to 267,837 MW. That's a CAGR of 25.8%

Now this is information that can give your portfolio a boost. In an industry that's doubling in size every four years or less, there are surely more than a few companies worthy of investment operating within it.

The only thing left to do is to actively seek out the best ones.

To start the search, it's probably worth taking a look at the countries currently boasting the highest year-over-year growth in the wind industry. So here they are, along with their respective annual growth rates, as provided by GlobalData:

  • Turkey, 95.4%

  • Mexico, 84.7%

  • Brazil, 61%

  • China, 54%

  • Poland, 50.9%

Of course, those are the fastest growing markets. According to GlobalData, the largest markets by megawatt capacity are:

  • China, 51,200 MW

  • U.S, 45,454 MW

  • Spain, 36,715 MW

  • Germany, 35,829 MW

  • India, 25,935 MW

The only thing left to do is single out the largest operators in those areas, invest, and reap the profits.

Wind Energy Companies

Let's begin with China since that's the only country to appear in both the largest market and fastest grower categories. Per GlobalData, here are the largest wind companies operating in China that each installed more than 100 MW in 2007:

  • Goldwind Science and Technology (SZ: 002202)

  • Sinovel Windtec Co.

  • Gamesa Corporacion Tecnologica (MCE: GAM)

  • Vestas Wind Systems (CPH: VWS)

  • Dongfang Electric Corporation (HKSE: 1072)

  • GE Energy (NYSE: GE)

  • Suzlon Energy Limited (NSE: SUZLON)

Most of those companies trade on foreign exchanges. If you dabble in those markets, my money is on Vestas and Gamesa, with Suzlon in third. But the companies that trade in China could see significant growth as the industry continues to mature.

Vestas, for example, is getting $1,628 per kW for their turbines. The average price is $1,008 per kW.

In the U.S., which is the market most of you are probably interested in, the dynamic shifts dramatically.

Here are the largest companies operating in our domestic wind market:

  • GE Energy (NYSE: GE)

  • Vestas Wind Systems (CPH: VWS)

  • Siemens AG (NYSE: SI)

  • Gamesa Corporacion Tecnologica (MCE: GAM)

  • Mitsubishi Heavy Industries (TYO: 7011)

  • Suzlon Energy Limited (NSE: SUZLON)

  • Clipper Windpower (LSE: CWP)

  • Nordex (FRANKFURT: NDX1)

Of course, my first two picks of Vestas and Gamesa still stand, and now you can see it's because of their intense presence across multiple markets. My sleeper pick here is Nordex.

The other side of the coin is to look at the largest wind farms being erected to identify the companies involved. Here are the companies that come up when discussing the largest planned wind farms in the U.S., and around the world:

  • Clipper Windpower (LSE: CWP)

  • British Petroleum (NYSE: BP)

  • Naikun Wind (TSX.V: NKW)

  • Vattenfall AB

  • SUEZ (PARIS: SZE)

  • RWE Group (XETRA: RWE)

Naikun probably offers the lowest share price in relation to potential for that group.

A Windy Future

So that's a snapshot of the global wind industry. I think some clear winners are definitely emerging.

But there is much more to come. And some tiny companies will certainly make their mark before all is said and done.

This is because the big boys alone can't satiate the surging demand for wind energy and related products and services.

For example, through 2020 in Europe, wind is expected to account for 34% of new generating capacity. It'll account for 46% from 2020-2030.

And the goal of attaining 12-14% of Europe's power from wind by 2020 is well within reach.

Here in the U.S., an Energy Department study found that wind energy could generate 20% of U.S. electricity by 2030, as compared to today's one percent.

So there's still a lot of work and investment to come.

The companies discussed so far will certainly play a vital role in wind's growth. But a handful of companies are providing specialty parts and service that are also crucial to the industry, like transmission cables, installation services, gearboxes, and, increasingly, turbines.

As I said, this is snapshot of the industry—a very dynamic industry that's constantly changing.

While it's possible to base investment decisions on stationary data like this, it's probably wise to have constant updates and recommendations to really stay on top of things, especially since they change everyday.

With that in mind, the Alternative Energy Speculator has designed a way for you to cash in on the booming wind energy market.

I've compiled a full report that analyzes the wind industry, telling you exactly how much it's going to grow, and releasing the names of three companies you must own if you want to reap lucrative wind profits.

You can't afford to miss this opportunity or the chance to get in today on the wind energy giants of tomorrow.

Posted by CEOinIRVINE
l

A Michigan man has pleaded guilty to fraud and money laundering in a scheme to acquire more than 9,000 replacement iPod Shuffle music players.

Twenty-three-year-old Nicholas Woodhams of the Kalamazoo area appeared in federal court in Grand Rapids on Monday, less than a month after charges were filed.


Woodhams had an iPod repair shop and knew that owners could get a replacement if their Shuffle had problems. He guessed valid serial numbers and entered them into Apple Inc. ( AAPL - news - people )'s Web site. Woodhams then resold the Shuffles shipped by Apple.

He has agreed to give up property, including a house, an Audi sedan, a race car and more than $570,000. Woodhams will be sentenced Aug. 25. A message seeking comment was left with his lawyer.

Copyright 2009 Associated Press. All rights reserved. This material may not be published broadcast, rewritten, or redistributedda

Posted by CEOinIRVINE
l

The Walt Disney Co. says it has cut 1,900 positions at its U.S. theme parks due to the slumping economy.

Some 1,200 people were laid off and 700 open positions will be left unfilled.


Disney ( DIS - news - people ) spokeswoman Tasia Filippatos said Friday the cuts "reflect today's economic realities."

The cuts were part of a reorganization announced in February. Among the cuts were 50 executives who accepted a voluntary buyout that was offered to 600 people.

The vast majority of the cuts came from managerial and other salaried staff, not from employees in the parks who interact with park visitors.

'Business' 카테고리의 다른 글

`Fast & Furious' revs to $71 million debut weekend  (0) 2009.04.07
Cool Phones Out Of Reach (In America)  (0) 2009.04.04
Why The Tax Rate Debate Is Irrelevant  (0) 2009.03.31
Why Rick Wagoner Had To Go  (0) 2009.03.31
Statins Dethroned  (0) 2009.03.31
Posted by CEOinIRVINE
l

Statins Dethroned

Business 2009. 3. 31. 06:18

Cholesterol medicines are no longer the top-selling drugs in the U.S.


ORLANDO--An era is grinding to a halt, as the best-selling drugs in the world begin their slow extinction as a financial force.

Cholesterol-lowering medicines, known as statins, lost their position as the top-selling drugs in the U.S. last year, thanks to the fact that two top brands have lost patent protection and are being replaced by cheaper generics, according to industry consultants IMS Health (nyse: RX - news - people ). That is a huge shift. According to IMS, statins and other cholesterol drugs first became America's top-selling drugs in 1999. Between 1999 and 2008, the death rate from heart attacks fell 30%, and statins and other heart drugs get a lot of the credit.

With patents running out on old blockbusters and new medicines underperforming, drug companies are losing the appetite to do the big studies of thousands of patients that have been a major scientific driver of the blockbuster age. In 2008, cholesterol drug sales fell 12% to $14.5 billion.

"Is this area of pharmacology for cardiology dead?" says James Stein, a professor of medicine at the University of Wisconsin, Madison. "Have we maxed out with very powerful statins and excellent blood-pressure drugs? Is there going to be another cardiology blockbuster ever again?"

The buzz here at the annual meeting of the American College of Cardiology has been for a collection of old generics: a single capsule dubbed a "polypill" that some say could benefit the public health. Data are due out today.

The other big story is from a study that already made news twice. Last March, it was announced that Crestor from AstraZeneca (nyse: AZN - news - people ) cut the rate of heart attacks, strokes and deaths in patients with inflamed arteries, as measured by the c-reactive protein (CRP) blood test. Full results were presented last November.

Sales of Crestor jumped 30% to $3.6 billion last year, even as Lipitor from Pfizer (nyse: PFE - news - people ) and the Vytorin combo pill from Merck (nyse: MRK - news - people ) and Schering-Plough (nyse: SGP - news - people ) saw their sales drop, largely thanks to those results.

In that same study, Crestor also prevented clots in the veins that can lead to blocked circulation in the legs or, if dislodged, can wind up in the lungs, potentially killing the patient. There were only 90 of these events, called venuous thromboembolisms (VTE), in the study, but patients who got Crestor were only half as likely to get them.

Crestor and the other statins are thought of as cholesterol-lowering drugs. But though burst cholesterol plaque in the arteries causes the blood clots that lead to heart attacks and strokes, cholesterol plays no role in VTEs. Paul Ridker of Brigham & Women's Hospital, the lead scientist on the Crestor study and pioneer of using c-reactive protein to measure heart risk (he has a patent on it), argues that this provides even more proof of the key role of inflammation in statins' effectiveness. Other drugs that prevent VTE are blood-thinners, which inevitably cause risky increased bleeding.

Roger Blumenthal, director of cardiology at Johns Hopkins University, says that the VTE results are "very impressive." But although he screens for CRP, he says that he won't yet be using the test as cholesterol used, upping a patients' statin dose until the CRP goes down. "I don't think we're there yet," Blumenthal says.

So what about new drugs? There was one with some impressive data, but it only seems to highlight the changes in the drug industry further, because it came from a tiny, privately held firm called Corthera, not from a big pharma or even a publicly traded biotech.

The drug is called relaxin, and it is a hormone released in pregnancy that was discovered at the beginning of the Great Depression. Now the idea is to use it to combat acute heart failure. Pregnant women, the idea goes, are dramatically increasing their blood supply, and the same kinds of biological changes might help people whose hearts are not pumping hard enough.

Preliminary results were encouraging, and even showed a benefit on reducing deaths in one dose--although experts warn to view that as preliminary until a larger study is done. John Teerlink of the University of California, San Francisco, who headed the study, says he's optimistic relaxin will help patients' hearts without causing other, pregnancy-like effects such as weakened tendons. "I was intrigued but not convinced," says Clyde Yancy, director of the Baylor Heart and Vascular Institute in Dallas.

In the past, heart failure drugs that have helped patients feel better have sometimes not helped them--and have even hurt them--in the long run. The last attempt at a treatment for hospitalized heart failure patients, Natrecor, wound up having its use severely restricted by its maker, Johnson & Johnson (nyse: JNJ - news - people ). The drug is currently the subject of two whistle-blower suits in which former employees accuse J&J of improperly marketing Natrecor before it became controversial.

As a result of controversies like Natrecor, industry is on the defensive. For the first time in years, the bags handed out to doctors here at the ACC meeting are not branded with any drug or company name. Neither are the lanyards from which badges hang.

Worse yet, this same story is repeating itself across medicine. Cholesterol drugs were replaced at the top of the U.S. pharmaceutical sales charts by schizophrenia drugs like Zyprexa from Eli Lilly (nyse: LLY - news - people ) and Seroquel from AstraZeneca. Antipsychotics are nearing patent expiry too, and they are controversy magnets. A Harvard doctor who argued for their use in kids is under attack, and Astra is being accused of burying bad data on Seroquel.

Last week, the American Psychiatric Association decided to phase out drug-company sponsored lectures and meals at its annual meeting. And today, Eli Lilly's top hope for a new anti-psychotic failed in a clinical trial, a result that JPMorgan labeled "a major setback."





'Business' 카테고리의 다른 글

Why The Tax Rate Debate Is Irrelevant  (0) 2009.03.31
Why Rick Wagoner Had To Go  (0) 2009.03.31
GM  (0) 2009.03.14
Microsoft vows openness for mobile app store  (0) 2009.03.12
Android sales to outstrip iPhone by '12?  (0) 2009.03.10
Posted by CEOinIRVINE
l

 
People across the country search for jobs as, for the first time on record, all 50 states report increased unemployment

The nation's unemployment rate climbed above 8 percent last month and the economy shed 651,000 jobs, new data shows, further evidence of the deepening recession that has devastated the stock market and home prices and triggered the largest government recovery effort since the Great Depression.

This Story
View All Items in This Story
View Only Top Items in This Story

The Bureau of Labor Statistics said the jobless rate rose from 7.6 percent in January to 8.1 percent in February, the highest rate in more than 25 years. An estimated 12.5 million Americans were unemployed in February, the data show, an increase of 851,000 since January. More than 4.4 million people have lost their jobs since the recession began in December 2007, U.S. Labor Secretary Hilda Solis said.

The government revised sharply upward the number of jobs the economy lost in December and January, showing a staggering 1.99 million jobs disappearing in the past three months.

More jobs were lost in each of those months than in any single month since October 1949, when the country was just pulling out of a painful recession (economists say direct comparisons to that era are difficult, however, because of changes in the labor force).

December had the most job losses, according to the revised figures, with 681,000 -- significantly more than the previous estimate of 524,000. The number of jobs lost in January rose to 655,000, up from a prior estimate of 598,000. An additional 651,000 jobs disappeared last month, the government said, illustrating the profound challenges of launching an economic recovery as employers continue to slash payrolls in a desperate effort to control costs.

The unemployment rate has shot up 3.2 percent since the recession began and is higher now than at any time since December 1983. Nearly 3 million Americans have been unemployed for six months or more.

The Obama administration has moved to stifle the job losses, primarily by approving an ambitious fiscal stimulus plan designed to plow money back into the economy. But the allocation of the money is just beginning, and the full effect of the spending probably will not be seen for some time.

Speaking to a group of newly minted police officers in Columbus, Ohio this morning, President Obama said the expensive and broadly drawn plan to invest in government and private sector jobs and infrastructure is a necessary response to a deep and dire recession.

"So many of you have been watching jobs disappear since even before this recession began," Obama said. "That is not a future I accept for the United States of America . . .

"Throughout our history we have met every great challenge through bold action and big ideas. That's what has fueled a shared and lasting prosperity . . . We have a responsibility to ourselves and to our children to do it again."

In an e-mailed statement, Solis said the government would "continue to do whatever is necessary to break the destructive cycle of job loss in this country and put Americans back to work."

The U.S. stock market opened higher this morning, then fell slightly, after sustaining sharp losses yesterday., Asian markets fell overnight.

The February data showed profound losses in the professional and business services sector, with 180,000 jobs gone. Some 168,000 jobs were lost in the manufacturing industry, with most of the decline in the durable goods sector. There were 104,000 construction jobs lost as projects stalled due to the collapse of the real estate industry and the ongoing credit crisis. The financial sector shed 44,000 jobs, retail lost 40,000 jobs and the leisure and hospitality industry reported 33,000 fewer jobs. Job growth continued, however, in the health-care sector.

Analysts say the pace of job cuts is likely to remain brisk for at least a few more months, because the demand for goods and services seems likely to remain very low as more consumers find themselves out of work. According to newly released data, the nation's productivity, a measure of goods and services produced per hour, fell at the end of last year. That suggests that demand for goods has dropped even faster than employers have been shedding jobs. Those who have lost their jobs are not eager to open their wallets, analysts say, while many of those who remain employed are cutting back because of fears about job security.

The new jobless numbers show that blacks and Hispanics are unemployed at higher rates than the national average. About 13.4 percent of blacks and 10.9 percent of Hispanics were looking for work in February, compared with 12.6 percent of blacks and 9.7 percent of Hispanics in January. The unemployment rate for whites rose to 7.3 percent, up from 6.9 percent the previous month. An estimated 6.9 percent of Asians were unemployed in February, up from 6.2 percent in January.

The number of people working part time because they cannot find full-time employment rose by 767,000 in February to 8.6 million, the government said.

The unemployment rate does not reflect people who say they would like to work full-time, but can only find part-time jobs, or who would like to be working but have given up finding employment because of the depressed market. When those categories are added to the number of unemployed -- technically those people who are actively seeking but unable to find jobs -- the government's "labor underutilization" rate measures 14.8 percent, up from 13.9 percent last month and 9.5 percent a year ago.

The average length of the workweek remained at a relatively low 33.3 hours for the third consecutive month.




'Politics' 카테고리의 다른 글

White House Cheat Sheet: Democrats Ca$h in on Rush  (0) 2009.03.07
Just under 50 million watch Obama in prime-time  (0) 2009.02.12
Obama's Dilema  (0) 2009.02.10
Obama Seeks Halt to Legal Proceedings at Guantanamo  (0) 2009.01.21
Inauguration  (0) 2009.01.21
Posted by CEOinIRVINE
l

WASHINGTON (Reuters) - A top U.S. bank regulator voted Friday to expand its federal guarantee program to include banks' mandatory convertible debt.

The Federal Deposit Insurance Corp Friday voted to make a "very narrow targeted improvement" to its Temporary Liquidity Guarantee Program (TLGP) and separately voted to increase the fees it charges banks to insure deposits.

The FDIC established the voluntary guarantee program in October. It provides a government guarantee on certain senior unsecured debt and on banks' transaction deposit accounts. (Reporting by Karey Wutkowski and John Poirier, editing by Gerald E. McCormick)

Copyright 2009 Reuters, Click for

'Business' 카테고리의 다른 글

Who Will Pay For Obama's Plans?  (0) 2009.02.28
U.S. Economy: Bad To Worse  (0) 2009.02.28
Citi Reaches Deal With Uncle Sam  (0) 2009.02.28
Reported Kindle 2 photos look like the real deal  (0) 2009.02.26
Amazon's Kindle 2: Delight Is in the Details  (0) 2009.02.25
Posted by CEOinIRVINE
l

U.S. stock futures are trading mixed this morning, pointing toward a somewhat positive open, despite weakness on the Nasdaq due to poorly received earnings from Hewlett-Packard (HPQ). The leading PC and computer peripherals manufacturer reported a 13% plunge in first-quarter earnings after the close last night. Other companies in focus this morning include Whole Foods market (WFMI), which is 16% higher ahead of the open following solid quarterly results, and Sprint Nextel (S), which gained about 3% in pre-market activity due to a narrowed quarterly loss. Wall Street's mood could shift dramatically, however, as key economic data, including the January producer price index (PPI), are slated for release later this morning.

Checking in on currencies and commodities, the U.S. Dollar Index is taking a breather following a strong rally earlier this week. At last check, the index was off 0.92% at 87.19 in pre-market activity. Gold futures, meanwhile, have gained a mere $2.40 an ounce to trade at $980.60 in London, with traders closely watching the equity markets for signs of strength. Finally, crude oil futures are on the mend, with the March contract up 3.32% at $35.77 per barrel in electronic trading.

After the close last night, Hewlett-Packard (HPQ: View sentiment for HPQsentiment, chart, options) reported a fiscal first-quarter profit of $1.9 billion, or 75 cents per share, compared with a profit of $2.1 billion, or 80 cents per share, last year. Revenue rose 1% to $28.8 billion from $28.5 billion. Excluding 1-time items, HPQ earned 93 cents per share. Analysts were looking for earnings of 93 cents per share on $31.9 billion in sales. For its second quarter, the company expects earnings of 70 cents to 72 cents per share, or an adjusted 84 cents to 86 cents per share. Sales should fall 2% to 3% from a year earlier, which would equal $27.5 billion to $27.7 billion. The figures were well below the current consensus estimate for 89 cents per share on $30.95 billion in sales.

Whole Foods Market (WFMI: View sentiment for WFMIsentiment, chart, options) reported that net income fell 17% from the year-earlier quarter due to slowing store traffic and legal costs. Whole Foods posted a first-quarter profit of $32.3 million, or 20 cents per share, down from $39.1 million, or 28 cents per share, last year. However, earnings topped analyst expectations for 19 cents per share. Sales were flat at $2.5 billion. Comparable-store sales fell 4% compared with a 9% gain last year.

Finally, Sprint Nextel (S: View sentiment for Ssentiment, chart, options) said it lost $1.62 billion, or 57 cents per share, narrowing its loss from the same quarter last year of $29.31 billion, or $10.31 per share. Revenue for the quarter was $8.43 billion, compared to $9.85 billion. Analysts had expected sales of $8.55 billion. "In tough economic times, we're generating substantial cash and reducing costs to ensure we remain financially sound. We already have the cash on hand to be able to meet our debt service requirements at least through the end of 2010," said Dan Hesse, Sprint Nextel chief executive.

Earnings Preview

Today, Apache (APA), CVS Caremark (CVS), Newmont Mining (NEM), and Crocs (CROX) are slated to step into the earnings confessional. Keep your browser at SchaeffersResearch.com throughout the day for more.

Economic Calendar

On the economic front, the Street must digest the January producer price index (PPI), the core PPI, January's leading economic indicators, the February Philadelphia Fed's manufacturing index, and the weekly reports on U.S. petroleum supplies and jobless claims. We round out the week on Friday with the consumer price index (CPI) and the core CPI.

Market Statistics

Equity option activity on the CBOE saw 1,251,244 call contracts traded on Wednesday, compared to 1,098,962 put contracts. The resultant single-session put/call ratio slipped to 0.88, while the 21-day moving average held at 0.75.

Volatility indices

NYSE and Nasdaq summary

**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.**

Dow, S&P and Nasdaq futures

'Business' 카테고리의 다른 글

Facebook Bows To Peer Pressure  (0) 2009.02.21
Ditch Your iPhone  (0) 2009.02.21
Priceline.com Soars  (0) 2009.02.20
Federal Loans Can't Bridge Detroit Disconnect  (0) 2009.02.19
Wall Street Sways On Mortgage Plans  (0) 2009.02.19
Posted by CEOinIRVINE
l

We take a quick look at 14 of the best 400 firms in America.

You can find the full report on the Platinum 400, the Best Big Companies in America, at www.forbes.com/platinum/. Online you will find tear sheets on all 400 companies; industry median charts; reports on stock market winners and losers, Platinum newcomers, drop-offs and long-term members; a slide show of the Best Managed Company in each of 26 industries and much more. Below: a look at 14 of the standouts from the list.

McDonald's

Hotels, Restaurants & Leisure | Big Mac, Quarter Pounder, and Chicken McNuggets-- McDonald's has served some of the world's favorite fast foods for more than half a century. The yellow letter M is the largest global food service retailer with more than 30,000 restaurants serving 52 million people in more than 100 countries each day. More than 75% of McDonald's restaurants worldwide are owned and operated by franchisees and affiliates.

Westinghouse Air Brake

Capital Goods | George Westinghouse founded an air brake company in 1869, shortly after he demonstrated that air pressure was a clever way to operate the brakes on a string of railcars. This 19th-century business lives on. After a series of owners, Westinghouse Air Brake Co. became Wabtec Corp. (nyse: WAB - news - people ) in a November 1999 merger with MotivePower Industries. Wabtec, with $1.5 billion in sales, manufactures a broad range of products for locomotives, freight cars and passenger transit vehicles. The company also builds new locomotives up to 4,000 horsepower in size.

Gilead Sciences

Drugs & Biotechnology | In a little over two decades after its start in 1987, Gilead Sciences has become one of the largest biopharmaceutical companies in the world, with a rapidly expanding product portfolio, growing pipeline of investigational drugs and operations on three continents. Primary areas of focus of the Foster City, Calif. company include antivirals (such as for HIV/AIDs and chronic hepatitis), cardiovascular conditions and respiratory diseases. Truvada, a drug used in the treatment of HIV infection in adults, is its sales leader with $1.54 billion in revenue for the first nine months of 2008.



'Business' 카테고리의 다른 글

Apple cuts copy protection and prices on iTunes  (0) 2009.01.07
Best Buy to sell refurbished iPhones  (0) 2009.01.07
Nintendo's Low-Tech TV Is Long On Charm  (0) 2009.01.06
Netflix Goes Direct To LG  (0) 2009.01.06
A Terrible Time For Carmakers  (0) 2009.01.06
Posted by CEOinIRVINE
l