Category Archives: Profit

Medicare passes on big profits to insurers

By doris | Published: December 23, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — This has been a volatile year for the stock market. But one sector has been consistently earning a windfall for investors: health insurers that provide private Medicare plans to seniors. Among the top-performing Fortune 500 stocks of 2011, three – WellCare Health Plans (WCG, Fortune 500), Humana [...]

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A not-so-jolly forecast for holiday shopping

By doris | Published: November 7, 2011

Full Story at BottomLine.msnbc.msn.com It looks like we’re headed into another not-so-jolly holiday shopping season. According to the latest Consumer Reports Holiday Shopping Poll out today, only a third of those surveyed expect to be happier this holiday season than last. “People remain fixated on finances: their own and that of the nation,” says Tod [...]

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Lawmakers open to changes in military benefits

By doris | Published: October 23, 2011

Full Story at Life Inc.today.msnbc.msn.com The last few years have been tough on many Americans who work in the manufacturing industry, but they haven’t been nearly as tough on the manufacturers’ profits. U.S. manufacturers have seen a steady uptick in profits since bottoming out in late 2008, according to the most recent data from the [...]

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Stocks narrowly miss having worst week in a year

By doris | Published: July 17, 2011

Full Story at msnbc.com NEW YORK — A late rally Friday prevented the stock market from having its worst week in nearly a year. Investors seemed to largely ignore the ongoing debate in Washington over raising the country’s borrowing limit. Troubling questions over Europe’s financial health and manufacturing in the U.S. weighed down stock prices [...]

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Dow ends week at nearly 3-year high

By doris | Published: April 21, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks advanced for a third straight session Thursday, with the Dow closing at almost a 3-year high following a slew of strong earnings. But disappointing readings on regional manufacturing and the labor market kept a lid on the gains, reminding investors that the economy is still [...]

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Stocks close flat as oil rises again

By doris | Published: April 14, 2011

Full Story at money.CNN.com NEW YORK (CNNMoney) — U.S. stocks ended Thursday’s session mostly flat, erasing earlier losses as commodities and energy stocks climbed higher. The gains in oil offset weakness in the banking and technology sectors. The Dow Jones industrial average (INDU) rose 14 points, or 0.1%, to 12,285. The Dow was down as [...]

Also posted in Gas or Oil, Limits, Stocks, Technology | Leave a comment

Cookie sales barred at Girl Scouts founder’s home

By doris | Published: February 27, 2011

Full Story at msnbc.com SAVANNAH, Ga. — Girl Scouts are no longer able to sell their famous cookies outside the historic Savannah home of the woman who founded the organization almost a century ago. A complaint last year ended the longtime practice of selling the cookies on the public sidewalk outside the home of Juliette [...]

Also posted in Business, Children, Government, Illegally, Sale | Leave a comment

U.S. oil prices don’t matter at the pump

By doris | Published: February 21, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — U.S. oil prices remain relatively low compared to the rest of the world, but that doesn’t mean American motorists are getting a break at the gas station. Gasoline prices in the United States have jumped 5 cents in just a week, according to AAA.

Also posted in Auto, Corporate, Gas or Oil, Money, Rises | Leave a comment

Economy nears year end in more upbeat mood

By doris | Published: December 24, 2010

Full Story at msnbc.com WASHINGTON — The economy gave off signs that it was continuing to heal, although slowly and in fits and starts, as one of its roughest years ever was drawing to a close. Consumer spending, one of the economy’s main engines, rose moderately in November, boding well for the crucial holiday season. [...]

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Inventor sees a bright future for DogLight

By doris | Published: December 19, 2010

Full Story at msnbc.com LOS ANGELES — Jackie Simoni is a computer geek turned inventor of a special light to make dogs safer after dark. Now, she’s also a government contractor. Simoni invented PupLight six years ago. She came up with the idea of a light that attaches to a collar while fumbling with a [...]

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Wall Street bonuses may top last year’s as earnings soar

By doris | Published: December 16, 2010

Full Story at msnbc.com NEW YORK — Despite the weak U.S. economy, this year could be the second most profitable for New York City’s securities industry, and the average bonus may top last year’s because so many bankers and brokers have been laid off, the state comptroller said in a report on Wednesday. “Wall Street [...]

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U.S. announces $12 billion profit on Citigroup

By doris | Published: December 8, 2010

Full Story at msnbc.com The government said late Monday it had reached a deal to sell its remaining holdings of Citigroup common stock and would end up turning a profit of $12 billion on its bailout of the giant bank. The Treasury Department said that a final offering of about 2.4 billion shares of Citigroup [...]

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Stocks are setting up for a strong December

By doris | Published: December 6, 2010

Full Story at  economy – msnbc.com NEW YORK — Europe’s sovereign debt crisis will still hang over global markets this week, but on Wall Street, investors will not be afraid to bet on stocks. Wall Street showed its ability to hold onto gains, or quickly recover from losses last week despite Europe’s debt woes, suggesting [...]

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Barnes & Noble puts itself up for sale

By doris | Published: August 4, 2010

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — Shares of Barnes & Noble soared 26% in after-hours trading Tuesday after the bookseller put itself on the block. The board of directors believes Barnes & Noble shares are “significantly undervalued,” and has hired financial advisor Lazard to explore “strategic alternatives” that may include selling the company, [...]

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