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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 […]

A court ruling could force Qualcomm Inc. (QCOM) to pay patent royalties to rival Broadcom Corp. (BRCM) for the next 13 months to keep selling chips for cell phones that infringe three Broadcom patents.
U.S. District Judge James Selna granted Broadcom’s request for a permanent injunction against the Qualcomm products at issue in a patent battle […]

As part of the strategic intent of Ford (F) to refocus on its core brands, Ford had already put Jaguar and Land Rover on the selling block in June this year. In March, Ford had sold control of Aston Martin, the sports car marquee, to a Kuwait led consortium for $931 million in cash and […]

Dow Chemical (DOW) plans to sell a 50 percent interest in five of its global businesses to a Kuwaiti company for about $9.5 billion and form a new joint petrochemicals venture. Dow Chemical Co. and Petrochemical Industries Co.(PIC), an arm of Kuwait Petroleum Corp., announced plans to form a 50/50 joint venture to create a […]

The Dow is up about 1500 points (13%) over the past year and at its high earlier this month, the index was up over 2000 points. The NASDAQ is up around 20% over the past year. These are delicious results and it would be nice if the next 52 weeks were guaranteed to be as […]

We did a little number crunching on today’s market results and found the following: Only 8% of all exchange traded funds made gains today, while 41% of energy sector exchange traded funds made gains in trading.
Audio Podcast:
An audio podcast of this article is available at: poweropt.com/podcasts/2007_10_16_EnergyETF.mp3

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Below is a […]

Molson Coors Brewing Company (TAP) and SABMiller (UK:SAB) have entered into a joint operating agreement in the US and Puerto Rico in hopes of boosting profits.
Audio Podcast:
An audio podcast of this article is available at: poweropt.com/podcasts/2007_10_09_Coors.mp3

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The companies hope to save money by combining distribution networks. The savings will […]