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AddictSports Forums - Get Your Daily Dose of Sports Talk

May 8th, 2008

AddictSports is a message forum for the sports addict in everyone.  Whether you want to talk about your favorite baseball, football, basketball, or hockey teams, college or pro, AddictSports with over 2,000 active members, has a forum for you.  AddictSports gives you a wide spectrum of people to learn from, chat about your favorite football picks, and talk with people who share the same interests as you do.  AddictSports forums also include fantasy baseball, fantasy football, fantasy basketball, and fantasy hockey.

Retailers April Sales Suprise to the Upside

May 8th, 2008

For the first month in quite a while a large group of retailers suprised with sales numbers to the upside.  While clothing, and other non-necesssary sales were still down, discounters like Walmart and Costco looked to be doing much better.  Consumers seem to be looking for value and lower price points to stretch their dollar.  May and June are expected to be a litte better as well as the rebate checks should be getting into the consumers hands to give them some extra spending power.

High Quality Sales Leads at the Lead Dogs

May 7th, 2008

Trying to grow your business, but not finding the leads needed to help you grow?  Check out The Lead Dogs a business to business service organization that helps companies generate, manages, and nurture the sales leads they need to grow their business.  They are very good at uncovering qualified lead in many key market segments.  The Lead Dogs will help your business get sales-ready leads into your sales organizations hands quickly!

Consumer Borrowing Surges in March

May 6th, 2008

The Federal Reserve reported that consumers increased their borrowing at an annual rate of 7.2%, well above the 3.1% rate in  February.  The gain was larger than expected and shows an increase in borrowing on credit cards and auto loans.  The credit card increases show distressed borrowing by consumers who need cash. 

Dow Rises back above 13,000

May 1st, 2008

The DOW has broken through the crucial 13,000 points.  A better than expected round of 1st quarter earnings has given investers a reason to be optimistic about the future of the economy.  The better than expected economic data flowing out has also helped the US dollar jump back up from it’s current long term decline.

New Home Sales Plunge to 16 1/2 Year Lows

April 24th, 2008

The commerce department reported that the sale of new homes dropped 8.5 percent in March, the lowest sales pace since October of 1991.  The median new home price dropped by 13.3 percent compaired to the year ago prices.  This data continues to show the slump the housing market is going through since the bursting of the housing bubble.  The perfect economic storm continues as the housing market, upcomming recession, and tough credit crunch are continuing to destroy the current US economy.

Mixed Earnings Continue

April 22nd, 2008

As we head into the last half of april, company earnings will start to roll out.  This is commonly known as 1st Quarter earnings season.  The beginnings of what has been rolling out is been a mixed bag of earnings.  Google pushed the markets quite a bit higher as many people thought they would have weak earnings from the recession, but the suprised the market.  Yahoo slightly beat estimates, but didn’t move the stock much, and many other companies are very mixed in their earnings picture.

Google’s Earnings Smash Estimates. Stock up $76 per Share in Afterhours

April 17th, 2008

The leader in Internet Search earned $1.31 billion in the 1st quarter of 2008. Earnings were $4.12 per share up from $3.18 per share in the 1st quarter of 2007. 1st quarter revenue was $5.19 billion up from $3.66 billion a year earlier.

Google is the dominate internet search engine. More than 50% of all online searches are done through Google. It’s a great investment due to it’s complete dominance of the AdWords paid/sponsored links. So far Google is showing a resistance to the US recession, but we will see if it can hold up in the latter stages of the recession if online advertising dollars dwendle.

Frontier Airlines is Fourth Airline Within a Month to File for Bankruptcy

April 14th, 2008

Aloha Airlines filed on March 31st, ATA filed on April 3rd, Skybus filed on April 5th, and now Frontier Airlines has filed for bankruptcy protection.  At least for passengers, Frontier is still flying, while the other 3 shut down completely leaving passengers who had bought tickets stuck without a flight.  The rumor behind the bankruptcy protection is thought to be because of an unexpected increase in the amount it’s principle credit card processor plans to withhold from the sale of it’s flight tickets.

GE Misses on 1Q Earnings and Lowers Full Year Guidence

April 11th, 2008

General Electric Co. (aka GE) stock is currently down more than 11% as they missed their anticipated 51 cents per share earnings forcast by analysts and missed GE’s own forcast of between 50 - 53 cents per share.  GE posted 43 cents per share in earnings in the 1st Quarter, down 8 cents for their estimates and down a penny from year ago earnings.  GE stated that disappointments were spread across all of their businesses both in financial and industrial segments.  GE has lowered 2008 full year earnings expectations from $2.42 per share down to between $2.20 and $2.30 per share.


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