Enterprise software is the industry that I know best. Both of the real companies I worked for (sorry, McKinsey is a fine institution in many ways, but it isn’t a real company) were in enterprise software: big, … Continue reading →
By James Kwak I generally refuse to be drawn into the Yellen-Summers horse race because (a) everything that can be said, has been said, (b) I have no original information or insight, and (c) it’s all speculation anyway. But I’m … Continue reading →
CNBC.comUS Home Builder Confidence Rises, Tops Forecast – CNBC.comCNBC.comU.S. home-builder confidence in the market for single family homes rose in May amid rising home prices despite increasing building materials costs, an index showed on Wednesday. …
Economic TimesIndustrial Production in US Falls by Most in Eight MonthsBloombergIndustrial production declined in April by the most in eight months, reflecting broad-based cutbacks in U.S. manufacturing (IPMGCHNG) that show factories will provide littl…
BloombergNew York Area Manufacturing Unexpectedly ContractsBloombergJustin Ide/Bloomberg. Less inventory building by companies and struggling global arkets are restraining orders and slowing manufacturing, which accounts for about 12 percent of the eco…
euronews Eurozone recession continues as GDP falls by 0.2% – live The Guardian The eurozone has slumped into its longest recession ever, after economic activity…
CNBC.comProducer prices post biggest drop in three yearsReutersWASHINGTON | Wed May 15, 2013 8:34am EDT. WASHINGTON (Reuters) – Producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled, pointing to weak inf…
Bloomberg |
Macy’s Quarterly Profit Tops Estimates as Stock Buyback Boosted
Bloomberg Macy’s Inc. (M), the second-largest U.S. department-store chain, reported fiscal first-quarter profit that beat analysts’ estimates and increased its share buyback program by $1.5 billion. The shares advanced. Net income in the period ended May 4 rose 20 … Macy’s Earnings: Retailer Raises DividendWall Street Journal Macy’s Q1 Profit Rises, Backs FY13 Outlook; Boosts Dividend By 25% – Quick …RTT News Macy’s first-quarter profit rises, same-store sales up 3.8 percentReuters Canada |
Globe and MailDeere 1Q profit beats expectationsChicago TribuneDeere & Co. on Wednesday said its second quarter profit rose by 3 percent, beating analysts expectations, but warned that global financial pressures and the cool, wet weather North Amer…
Philly.com Weak German growth drags oil below $94 Boston.com BANGKOK (AP) — The price of fell below $94 on Wednesday after Germany, Europe’s largest economy,…