Qualcomm’s Fiscal 4Q Profit Slips
Qualcomm Inc.’s profit fell 9% in its fiscal fourth quarter, the Associated Press reported.
November 5, 2009Third-Quarter Worker Productivity Jumps 9.5%
Third-quarter worker productivity jumped to an annual rate of 9.5%, the Labor Department said Thursday.
November 5, 2009Initial Jobless Claims Drop for Week
Initial jobless claims fell by 20,000 to 512,000 last week, the Labor Department said Thursday.
November 5, 2009Wabash National’s 3Q Operating Loss Narrows
Trailer manufacturer Wabash National Corp. said its third-quarter loss widened but its operating loss declined from the same quarter last year.
November 5, 2009Intermec’s Third-Quarter Income Declines
Supply chain technology firm Intermec Inc. said its third-quarter net earnings were $100,000, or zero cents per share, compared with $11 million, or 18 cents, a year ago.
November 5, 2009Opinion: CSA 2010: A Good First Step, But . . .
For more than a decade, the trucking industry has called for an overhaul of the Department of Transportation’s safety fitness measurement and rating systems. Fortunately, DOT heard these calls and soon will implement its new system — Comprehensive Safety Analysis 2010. CSA 2010’s measurement component will be rolled out in July 2010; the rating component will be implemented after a future rulemaking process is completed.
November 5, 2009Oil Bounces Back Over $80 Following Inventory Report
Oil closed at over $80 a barrel for the first time in more than a week, following a Department of Energy report showing that fuel inventories fell last week, Bloomberg reported.
November 4, 2009Fed Again Holds Interest Rate at Record Low
Federal Reserve governors voted for an eighth consecutive time Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
November 4, 2009ISM Services Index Slows Expansion
The U.S. economy’s service sector slowed its expansion last month, the Institute for Supply Management said Wednesday.
November 4, 2009Con-way’s Third-Quarter Profit Declines
Con-way Inc. said its third-quarter profit fell by nearly two-thirds from a year ago, as freight demand declined.
November 4, 2009