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Amdocs Q1 profit drops 23%
Software company Amdocs Ltd. said Wednesday that its profit dropped 22 percent in its first fiscal quarter as customers delayed projects and reduced spending. (DOX)
Bizjournals.com

Decade of debt reduction in peril
Stimulus spending will put Canada more than $100-billion further in the hole, forecasts warn
CBC.ca

Apple Starbucks Whole Foods
When folks are flush, they will spend for status, but when things get tight and...
mrswing.com

Is Oil And Gas Capital Spending Bottoming Out? (COP, XOM)
Investors should watch for announcements to get clues into whether the energy sector has hit bottom.
Investopedia.com

Nokia reports sharp fall in profits - Financial Times US
The world's largest maker of mobile phones reported a sharp fall in profitability for 2008, highlighting the impact of the global slowdown on consumer spending worldwide
NewsRack

Fear Is Still Dominant Emotion on Wall Street - Crooks Liars
Obama's got a long road ahead of him. Despite s, stabilizing this economy will be : President Barack Obama yesterday told Americans that his inauguration symbolized "hope over fear," but on Wall Street, investors stuck with fear. The Dow Jones industrial average plunged 332.13 points yesterday to close below 8,000 for the first time since the end of November as the largest US banks continue to bleed cash and the Congressional Budget Office casts doubt on the effectiveness of an $825 billion proposal to spend the nation out of recession. The Dow, which ended at 7,949.09, lost 4 percent of its value, the worst Inauguration Day loss in the 113-year history of the index. Other indexes suffered steeper losses. The technology-heavy Nasdaq ...
NewsRack

Three-quarters of stimulus to go in 18 months
WASHINGTON (AP) -- Facing Republican resistance to a massive economic stimulus plan, the Obama administration on Wednesday said $3 of every $4 in the package should be spent within 18 months to have maximum impact on jobs and taxpayers....
The Arizona Republic

Coach to scale back US store openings
Coach, the US leather goods and accessories brand, is to scale back planned new-store openings in the US and sell more lower-price handbags as it fights the slump in discretionary spending
FT.com

Personal Finance Daily: Planning your career around job-market trends isn`t easy
Personal-finance writers spend a lot of time on topics like planning and budgeting, diversifying and saving, avoiding mistakes and making smart financial decisions. But let's get real: There's an element of luck to anyone's personal-finance situation. When it comes to landing a job, it's often a matter of being in the right place at the right time -- and with the right skills.
MarketWatch.com

Economists Offer 2 Takes On Obama Stimulus Plan
Nobel Prize-winning economist and New York Times columnist Paul Krugman says the Obama administration needs a bigger spending plan to fix the economy. George Mason University economist Russell Roberts argues that tax cuts, not spending, are needed.
NPR

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Archived "business - christmas spending" news stories.

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