The Federal Open Market Committee believes that the U.S. recovery has slowed in recent months, and employers remained reluctant to add to payrolls. With unemployment at 9.5% in June, retailers, especially luxury retailers, are beginning to see sales weaken. May’s research report released by SpendingPulse found luxury retail sales in the month to have fallen
In my previous post on Samsung and Motorola, I observed that the two companies, which have launched many devices based on the Android operating system (OS), are gaining share in the smartphone market. Let’s take a look at their recent performances.
Concern over the economic recovery continues after last week’s employment report and this week’s signals of global weakness. This week, Cisco (NASDAQ:CSCO) reported a mixed fourth quarter that missed the average sales estimate. Its weak first quarter sales forecast also missed estimates as CEO John Chambers warned of a slower economic recovery. Last month, Juniper’s (NYSE:JNPR)
In the first quarter of the year, global ad spending jumped 12.5% over the year to $110 billion driven by strong growth in the emerging markets of Latin America and Asia Pacific. Television was the preferred media segment in the quarter with a 16% share of ad spending revenue, and its share grew 9% in
The payroll sector continued to improve in the recent quarter as seen from the recent results of Automatic Data Processing (NASDAQ:ADP) and Paychex (NASDAQ:PAYX). ADP made two acquisitions in the quarter while Paychex on the other hand, is still shying away from acquisitions. Meanwhile, CEO has Jonathan Judge, who joined Paychex in 2004, has resigned. Let’s take
Access to sustainable sources of potable water remains a concern for the world at large. Reports estimate that one child dies every fifteen seconds owing to lack of access to clean water. And the problem of water running out is not just in developing countries; it comes much closer to home. In the thirty-year period
We recently saw how Qualcomm is benefiting from global growth in the use of 3G devices. Shipments of 3G-enabled phones, accounting for 38% of the market in 2009, are forecast to increase to approximately 60% of the market by 2013. Another beneficiary of the 3G boom is InterDigital, an IP licensee that holds about 50% of the
Recent research reports by Forrester predict 9.3% growth in IT spending for the current year. The improved market conditions are resulting in stiffer competition among the Indian players for quality resources. Attrition in the segment has increased despite most companies offering 12%–14% offshore and 2%–4% onsite salary increments. Companies are trying to retain their staff