Yahoo reports earnings, sales declines

Posted by | Posted on 24-01-2012

SUNNYVALE, Calif. — Yahoo Inc. on Tuesday reported a fiscal fourth-quarter profit of $296 million, or 24 cents a share, compared with earnings of $312 million, or 24 cents a share, in the same period a year ago.

Net revenue, excluding costs associated with acquiring traffic, came in at $1.17 billion, down from $1.2 billion in last-year’s fourth quarter.

Analysts surveyed by FactSet Research had forecast Yahoo to earn 24 cents a share on $1.2 billion in sales.

For its current fiscal quarter, Yahoo forecast revenue in a range of $1.025 billion to $1.1 billion, not including traffic acquisition costs. Analysts had earlier forecast Yahoo to earn 20 cents a share on $1.08 billion in sales.

To read more, go to MarketWatch.com.

McDonald’s net income rises 11% in fourth quarter

Posted by | Posted on 23-01-2012

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Today’s Headlines 1/24/2012

  • McDonald’s net income rises 11% in fourth quarter
  • How Chicago’s longtime chefs keep the kitchens stoked
  • Illinois Supreme Court to allow cameras in courtrooms
  • Macy’s sues Martha Stewart for breach of contract
  • Magazine publisher Stagnito sells to private equity firm

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McDonald’s Corp.

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Weird gadgets at CES: Motorized unicycle, anyone?

Posted by | Posted on 13-01-2012

LAS VEGAS (AP) — A motorized, seat-less unicycle, a video game you control with your eyes, and a mind-reading headset that serves as a game controller were among the more bizarre gadgets being shown off at this years International Consumer Electronics Show.

Some 3,100 exhibitors attended the show, and although there were plenty of mainstream technologies on display, the show attracted a fair share of off-beat gadgets. Heres a roundup of some of the weirdest devices:

— SOLOWHEEL. Picture a unicycle without a frame or saddle, and you have the Solowheel. Not working for you? Ok, add this to the picture: footboards that fold out from the wheel. To ride it, you stand on the footboards and straddle the wheel. Lea

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Tri-risk for salaried people!

Posted by | Posted on 12-01-2012

Tri? No, this is not some fancy jargon, but, just means tri as in three. This article will give you an insiders perspective of the three major risks involved in personal financial planning for salaried professionals. As most of us know Risk is that part of our life that we are unsure of, which cannot be predicted accurately. Every phase of our life is filled with risks. The good thing is that jeopardy in personal finance can be clearly defined. Once we have a clear definition we can always work on reducing the effects of the risk happening.

The risks associated with our personal monies can be categorized under 3 broad areas:

1.

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Fed: New England Economy Continues To Improve

Posted by | Posted on 11-01-2012

Much of New England’s economy showed modest improvement during the fourth quarter — but real estate remains in the tank, the Federal Reserve reported today in its latest “Beige Book” survey.

“Most contacts expect a continuation of current modest growth trends, notwithstanding uncertainties related to Europe and U.S. budget deliberations,” Fed researchers wrote in the Beige Book, which they compile quarterly by surveying businesses across the country.

The Fed said New England’s consulting, advertising and travel/tourism industries all had solid growth during the period, while retailers and manufacturers reported modest gains.

However, the region’s construction, commercial and residential real estate sectors remained generally weak.

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Penetration Pricing Strategy

Posted by | Posted on 06-01-2012

A strategy that aims at creating a splash in the market, penetration pricing usually cuts a lucrative deal for the company. It does not paint an entirely rosy picture, though. Be the judge of it yourself. The mention of penetration pricing strategy always manages to raise eyebrows. Admirable in some cases; cheeky and underhand, otherwise. The intent of penetration pricing is honorable, of course. It simply aims at boosting the market share of an established product or capturing customers in case of a new launch by underpricing it. Implementing this strategy is akin to playing with fire, as a few dubious qualities associated with it can create unnecessary problems for any company.

Advantages of Penetration Pricing
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