PowerOptions WeBlog

Martinsville, Virginia based Hooker Furniture (HOFT), a furniture maker, reported a strong fourth quarter profit for its fiscal quarter. The company reported a $4.6 million profit, or 39 cents per share, for the quarter that ended on February 3. This was a huge improvement for the company, which reported a loss of $18.4 million during […]

San Francisco based drug store chain Walgreens Company (WAG) announced a 5.2% profit increase during its fiscal second quarter compared with last year’s second quarter. This was above analysts estimates for the company. The company credited much of the growth in profit to better cost control measures and stronger sales at established stores.
The company’s profit […]

Global Crossing (GLBC), a New Jersey based telecommunications carrier announced that it had earned $1 million during its fiscal further quarter for 2007. While this might seem like a small profit, it was a huge improvement of the $90 million loss the company suffered during the same quarter in 2006.
Increased Internet and corporate networking sales […]

Microsoft (MSFT) has found an answer to online software services that people are seeking in order to make their business life easier and so today Microsoft Corp. has announced their expansion business program testing that will be offered as online services. This is an investment strategy that puts Microsoft at the cutting edge and in […]

Blue Coat Systems (BCSI), WAN optimization software supplier based in Sunnyvale announced huge profits and revenue for its fiscal third quarter, ended December 31, 2007. The company’s sales jumped an incredible 73%, from $47.1 million during last year’s third quarter, to $81.4 million in this year’s third quarter.
The remarkably strong sales performance helped take the […]

The US Government and Central Bank are doing everything they can to help reduce the economic impact of a pending recession. Congress recently passed a $168 economic stimulus package consistently mostly of tax rebates to millions of Americans. The Fed has been cutting interest rates at lightening speed.
In spite of recession concerns, floundering consumer confidence, […]

Pfizer Inc. (PFE) reported a drop of 70% in its fourth-quarter net income. Pfizer (PFE) also posted its first yearly sales decline with its top drug, Lipitor. The world’s largest drug maker recorded a net income of $2.88 billion (42 cents a share). This is down from the prior year’s recorded net income of […]

Motorola (MOT) lost a significant amount of stock investing value over the past year. Globally, it fell to third place. This is due to a lack of new handsets. Analysts predict it could take the entire year of 2008 to show any signs of progress due to the fact that it can take several years […]

BlackRock Inc.’s (BLK) fourth-quarter earnings jumped 90% as the investment-management firm benefited from strong demand for its advisory and alternative-investment services.
Net income at the New York company rose to $322.4 million, or $2.43 a share, from $169.4 million, or $1.28 a share, a year earlier. The latest quarter’s results include a 1-cent integration charge associated […]

Volkswagen (VLKAY) widened its lead in China over General Motors Corp. (GM) with a 28% growth in sales as the German automaker maintained its position last year as China’s largest passenger carmaker. Volkswagen outsold U.S. rival GM by 431,064 passenger cars in 2007, compared with 298,507 in 2006. Volkswagen’s China sales last year rose to […]