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General Electric Co. (GE) fourth-quarter net income rose 4%, amid continuing strength in its infrastructure and commercial finance divisions.
The Fairfield conglomerate reported net income of $6.7 billion, or 66 cents a share, versus $6.44 billion, or 62 cents a share, a year earlier. Excluding discontinued operations, earnings from continuing operations rose to 68 cents a […]

IBM (IBM) reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets. In the third quarter, IBM posted higher earnings as continued strength in the consulting and services unit offset a slide in hardware sales.
The company has been increasing its investments in developing countries with high growth […]

Tata motors (TTM), an Indian auto manufacturer whose name is becoming ever more ubiquitous, is likely to unveil an exciting new car this week at the annual auto show in Delhi. Sure the stock plummeted 5.5% in trading today and the car is reported to have the power of an aging Chihuahua, but there is […]

Apple (AAPL) and News Corp. (NWS) have signed an agreement to offer Twentieth Century Fox movies for rent through the iTunes Music Store, the Financial Times reported Thursday.
Users would be able to download the latest Twentieth Century Fox movies from iTunes and view them for a limited time. No pricing details were available, but earlier […]

BlackBerry maker Research In Motion Ltd. (RIMM) reported strong third-quarter earnings fueled by rapid consumer growth during the lead-up to the holiday season. This was strongly supported by growth in sales to non-business customers. Net income surged to $370.5 million or 65 cents a share, from $175.2 million, or 31 cents a share, in the […]

Walgreen’s (WAG) fiscal first-quarter net income rose 5.5% amid solid revenue gains and cost controls, as the company bounced back from a rough fiscal fourth quarter.
The drugstore chain recorded a net income of $455.5 million, or 46 cents a share for the period ended Nov. 30, compared with $431.7 million, or 43 cents a share, […]

Americans may be turning to their favorite discount retailer for savings as the oil producing nations of the world extract more money from their pocketbooks. Wal-Mart (WMT) announced today its 3rd quarter profits rose nearly 8% and the company upwardly adjusted their earnings predictions for the year.
Audio Podcast:
An audio podcast of this article is available […]

Finland is a land of many lakes, trees, endless days in the summer and a period of 51 grueling sunless days in the winter. It has been rated the freest nation in the world, according to international groups who rate such things, and has twice provided the world with the winner of the Miss Universe […]

Costco Wholesale (COST), perhaps benefiting from consumers hoping to save money as gas prices rise and the specter of inflation looms on the horizon, saw its profits rise 4.7% in the fourth quarter.
Audio Podcast:
An audio podcast of this article is available at: poweropt.com/podcasts/2007_10_10_Costco.mp3

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Costco’s increased membership as well as […]

There have been widespread news reports suggesting the end of the rather short-lived ethanol boom. Ethanol was originally sold as a cure-all because it was renewable, good for farmers, great for midwestern cargo-rail, and brought jobs to rural interior communities.
Audio Podcast:
An audio podcast of this article is available at: poweropt.com/podcasts/2007_10_01_Ethanol.mp3

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