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Posts Tagged ‘income’

Shelly Palmer: New York Times Reports Profit of $39.1 Million: MediaBytes with Shelly Palmer July 24, 2009

Amidst extreme turmoil in both the advertising business and its readership, The New York Times managed to eek out a profit. The company reported…

Strong profits at India’s Wipro

WIPRO HQ

Indian third-largest outsourcing firm, Wipro, has reported quarterly profits 12.8% higher than a year ago, helped by cost-cutting measures.

Net income for the quarter to July was 10.1bn rupees ($210m; £128m), said Wipro, whose clients include Citigroup, Credit Suisse, and Cisco.

Wipro offers IT services such as system integration, software development and back-office operations.

In January the firm had said it faced a "tough year" in the economic slowdown.

It has repeated its cautious outlook for the rest of 2009 because of uncertainty about the strength of the global economy.

However, shares in Wipro – which employs more than 90,000 people worldwide – were up 0.7% at 461 rupees after its results announcement. </p


This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Garrett Johnson: Americans Not Making Money, Much Less Saving It

The news out today told a story of Americans going back to their puritan fiscal roots. Americans Pay Back Debts Most Since ’52 as Jobless…

Yahoo Quarterly Income from Operations Drops

Yahoo reports that its second-quarter revenue decreased 13 percent year-over-year to $1.57 billion. Profits totaled $141 million or 10 cents per share in the second quarter compared with $131.2 million or 9 cents per share for the year-ago quarter, Yahoo says.
– SAN FRANCISCO (Reuters) Yahoo Inc projected a drop in income from operations for the current quarter from the second quarter, and the Internet company’s shares fell more than 4 percent.
Yahoo projected that income from operations in the current quarter will range between $55 million to $65 million,…


Thom Hartmann: The Great Tax Con Job

High top marginal tax rates on rich people actually stabilize the economy, prevent economic bubbles from forming, prevent economic crashes, and lead to steady and sustained economic growth.

Mark Miller: Women Face High Risk of Outliving Their Money

Here’s some bad news for men: We don’t live as long as women. But there’s bad news for women, too: you might live too long–financially speaking.

Bruce Tenenbaum: What’s Right About The House Health Care Plan

CLICK HERE TO READ ABOUT THE PLAN House leaders have come forth with a health care plan. “Big Business,” Republicans and medical providers will attack…

Can Your Business Make You Rich?

Many years ago I wrote a blog post that looked at the reality of how much money you actually make when you run your own business.
You can read the article here – Do You Want to Run Your Own Business? Read this First!
My premise back then was that most business owners don’t make a whole [...]

House Dems Seek To Tax The Wealthy To Pay For Health Plan

House Democrats will ask the wealthiest Americans to help pay for overhauling the health care system with a $550 billion income tax increase, the chairman of the tax-writing Ways and Means Committee said Friday.