Big Company Stocks Trading Under $1 and Those Heading There
Wall Street's big plunge over the past few months has pushed some very well known stocks down to pennies. Among the companies trading under $1 include Fannie Mae, Sirius XM, Thornburg Mortgage, Charter Communications and Level 3. In addition, a number of other big names could easily get there very soon. Among them are Ford Motor, Citigroup, E*Trade, AIG, Sprint, New York Times Company.
http://www.247wallst.com/2008/12/big-company-sto.html
Companies Thriving in a Recession
While many businesses struggle during the recession, a handful of U.S. and global companies are riding out the storm in good shape. Among them are Wal-Mart, Abbott Labs, McDonald's, P&G, Costco, Kraft Foods, J&J, Novartis and Homeaway.
http://www.usatoday.com/money/economy/2008-12-03-recession-proof-companies_N.htm
A New Look for McDonald's
The Golden Arches is rolling out new designs for its food packaging aimed at fortifying the brand and staying ahead of obesity concerns.
http://www.businessweek.com/innovate/content/dec2008/id2008123_918813.htm?campaign_id=twxa
Great Packaging Designs
It is a very competitive world for products. You need something that makes you stand out from the crowd and an innovative package can do just that. Here are some recent examples of cool packaging. They include Coca-Cola Blak, Anthony's Super K Wine, Double Cross Vodka, Flexa Paint Pot, Method Bloq Line and Tab Cola.
http://images.businessweek.com/ss/08/12/1203_packaging/1.htm
Wall Street Gets $700 Billion. Here's What You Really Want
The federal government has given Wall Street a taxpayer-financed cash infusion of up to $700 billion in an attempt to avert a steep economic downslide. But people on Main Street are also hurting, and a majority of Americans think the government hasn't done enough for them, according to a new poll by the Consumer Reports National Research Center. Which reforms would help Main Street most? Our respondents' wish list includes fixes for immediate problems and for problems that could saddle generations to come. The following eight reforms are of most concern. Topping the list is the financial health of Social Security system. Followed by reducing national debt, protecting their pensions and retirement accounts, energy efficiency and affordable health care. http://www.consumerreports.org/cro/money/personal-investing/a-rescue-plan-for-the-rest-of-us/overview/a-rescue-plan-for-the-rest-of-us-ov.htm
The Resurgence of the Humble Coupon
Coupons that offer cents off - or percents off - the price of things like groceries, clothing and restaurant meals are making a comeback as consumers need to stretch their dollars.
http://www.nytimes.com/2008/12/04/business/media/04adco.html?ref=business
Ways to Beat the High Cost of Dry Cleaning
Finding alternatives to cut dry cleaning costs can be tough, and annual bills can easily add up to over $1,200. It may be hard to completely avoid taking clothes to the dry cleaners, but experts say there are plenty of alternatives. Here are some more ways to keep costs low.
http://www.mainstreet.com/article/lifestyle/ways-beat-high-cost-dry-cleaning
The World's Oddest Collections
People collect anything and everything nowadays, and somehow some of the oddest collections result in piles of cash for the seller. How can 301 pennies equal $10.7 million? Ask Walter Husak. He recently sold his collection of 301 rare American pennies for that staggering sum, according to the Los Angeles Times. Other odd collections include a collection of Tractors, 'Wizard of Oz' stuff, barf bags and dog collars.
http://www.forbes.com/collecting/2008/12/03/odd-collections-hobby-forbeslife-cx_ds_1203odd_slide.html?thisSpeed=15000
Can Bush Cash In Once He's Out? See How Others Have Fared
President George W. Bush's unpopularity will likely hamper his chances for making big money anytime soon. See how other top leaders fared after they left the White House.
http://www.forbes.com/2008/12/01/bush-clinton-obama-biz-beltway-cz_dg_1202politicians.html
Why isn't Bank of America updating its shareholders on CEO situation?
Before the bell: Futures sharply lower on Dubai's debt problems
Will Rich Ross really have a positive impact on Disney's movie operations?
Reader Comments (Page 1 of 1)
12-04-2008 @ 11:30AM
BHarrison said...
If a business enterprise has a good client / customer base, and a healthy business volume, then what impact does a temporary (and somewhat artifical) depression of it stock market price have on the real value of the corporation?
A reduction in the sales volume can be reasonably offset by a reduction in managment and employees, and by modest salary compensations . . . such adjustments are necessary to keep the enterprise "healthy".
The basic problem is what will it take for consumer consumption to begin to increase after the markets/business activity 'bottoms out". This is a lengthy process which may take 5 to 10 years (some say even longer). And at this point our economy is far from having "bottomed out"; we're still just in stage 1 of this recession.
The ONLY THING that can accelerate this process is for the government to RESTORE INTEGRITY in the markets and our business enterprises by implementing and ENFORCING reasonable and prudent "standards/requirement" to ensure the INTEGRITY to regain the "faith and confidence" of investors and consumers.
This is a relatively "new concept" for our CORRUPT Congress to handle. I don't think that the "old dogs n the hill" can be relied on to accomplish this; they've shown that they are unequivocally too corrupt and irresponsible . . . and INCOMPETENT to accomplish this.
The ONLY SALVATION is the establishment of INTEGRITY in our government and business enterprises. I don't know whether this is a realistic objective, based on our society's value system. The corruption of greed is so innate in mankind, that it may be impossible to overcome; it has become too openly pervasive within our society.
If the people do not demand it, it will not occur.