July 28th, 2010
Ford Motor continued its successful turnaround as better-than-expected sales and profits easily outdistanced expectations and reversed the operating loss of a year ago.
The automaker earned $2.7 billion, or 68 cents a share, excluding special items. The consensus forecast of analysts surveyed by Thomson Reuters was for earnings of 40 cents a share, and Ford […]
Filed under: economics by Guru
Comments Off
July 26th, 2010
In a letter sent to Hawker Beechcraft Corp. employees on Friday, the company’s vice president of human resources, Rich Jiwanlal, said claims by its machinists’ union about the number of potential job cuts were “not true.”
International Association of Machinists and Aerospace Workers District 70 President Steve Rooney said in his own letter to machinists last […]
Filed under: economics by Guru
Comments Off
July 22nd, 2010
Volkswagen AG CEO Martin Winterkorn touted his company's efforts Monday to grow to be the world's biggest car maker, including an expansion of its new car lab in the Bay Area.
"We want to take Volkswagen to the top of the industry by 2018," Volkswagen CEO Martin Winterkorn told reporters at the company's Electronics Research Laboratory […]
Filed under: economics by Guru
Comments Off
July 17th, 2010
Methodist Hospitals of Memphis ranks as the 27th best hospital in the nation for orthopedic care, according to U.S. News and World Report magazine’s Best Hospitals for 2010-11.
“Methodist is very honored to be included in this prestigious listing,” said Gary S. Shorb, president and CEO of Methodist Le Bonheur Healthcare Inc., in a statement. “We […]
Filed under: technology by Guru
Comments Off
July 15th, 2010
Silicon Valley's July earnings season is expected to kick off after market close Tuesday with a big quarter from chipmaking giant Intel Corp.
The Santa Clara-based company (NASDAQ:INTC) is projected by analysts to post a 43-cent-a-share profit on a 27.7 percent growth in revenue to $10.25 billion from a year ago, according to Thomson Reuters.
Analysts will […]
Filed under: marketing by Guru
Comments Off
July 13th, 2010
Denver International Airport had its second-busiest May on record, with 4.37 million passengers passing through.
The passenger count is up 4.3 percent from May 2009, but down from 4.45 million passengers in May 2008.
For the first five months of this year, DIA counted 20.37 million passengers, an increase of 3.8 percent from the same period of […]
Filed under: online by Guru
Comments Off
July 10th, 2010
Philadelphia International Airport now offers free, wireless Internet access to all travelers everyday.
The airport had been offering free Wi-Fi to college students and weekend travelers since 2007, through a partnership with AT&T.
Prior to the program’s roll out, charges for wireless Internet access at the airport ranged from $7.95 for a 24-hour connection to $39.95 for […]
Filed under: online by Guru
Comments Off
July 4th, 2010
Three Arizona entities secured $15.7 million in stimulus funding to expand the reach of broadband Internet services into rural communities.
The money was from about $795 million in grants announced today through programs at the U.S. Department of Commerce and Department of Agriculture.
The Arizona Office of Economic Recovery was given a $1.6 million grant to be […]
Filed under: marketing by Guru
Comments Off
July 2nd, 2010
The House voted Thursday to reverse a 21% cut in government fees paid to doctors who treat Medicare patients.
The vote followed Senate passage last Friday of the same legislation, which retroactively rescinds the June 1 cut for six months and adds a 2.2% increase in doctors’ rates.
The House vote passed 417-1. Rep. George Miller, […]
Filed under: finance by Guru
Comments Off