David Glenn Cox
Yum Brands, corporate parent of KFC reported it expects its overseas profits to drop like a greasy drumstick in the wake of a scandal involving food safety. KFC had once been the poster child for businesses operating inside of China's complex maze of laws and diverse culture. Yum management sees no growth in established outlets, until at least the fourth quarter.
Yum had earlier reported 6% drop in fourth more »
When America first became electrified there were myths and misconceptions about the new technology. Vendors sold the unsuspecting, plugs for their wall outlets, lest the electricity leak out on to the floor. Electricity was new and exciting, of course, its old hat to us now, but to our ancestors it held a magic allure. Salesman sold quack electrical medical instruments, designed more specifically, to make the patient's release their more »
While Boeing tries to iron out the electrical snafu’s in its grounded 787 Dreamliner, Airbus EADS is wasting no time. Assisted by previous Dreamliner production delays, by 2011, Airbus had built up a substantial Que of new orders. Airbus delivered a record 534 aircraft last year to 88 customers, including 10 new customers.
Airbus currently has a backlog of over 4,400 aircraft orders valued at over $588 billion more »
The US Justice Department has stepped in bringing a lawsuit to block brewing giant, Anheuser Bush InBev from purchasing Groupo Modelo SAB for $20.1 billion. The Justice Department citing anti trust violations, as Anheuser Bush InBev already owns half of Groupo Modelo and now seeks to purchase the other half of the company.
In many ways the deal appears strikingly similar to last years attempt by AT&T to more »
How High is Up?
By David Glenn Cox
There are only two constants in the market: either the market will rise or the market will fall. So as the market nears the markets record highs of 2008, we must ask ourselves, why? Why is the market so high, with our domestic politics in disarray, our consumer economy in a shambles, and big box retailers in full decline?
First it was more »
The Good the Bad and the Ugly
When America first became electrified there were many myths and misconceptions about the new technology. Vendors sold the unsuspecting rubes, plugs for their wall outlets lest the electricity leak out on to the floor. Electricity was new and exciting, of course, its old hat now, but to our ancestors it held a magic allure. Salesman sold quack electrical medical instruments, designed more »
Amid the bright lights of the North American Auto Show in Detroit, perhaps its brightest star treads the boards quietly. Volkswagen AG (NASDAQOTH:VLKAY) has consistently defied the expectations of the market, Volkswagen heads into its third year of consecutive months of year-on-year growth, which has moved the German Automaker into third place among the automotive royalty, behind Toyota and perennial leader General Motors (NYSE: GM).
Not content just to more »
It's Good News! Really,
Today it seems we are so buried in information, so much information, that we struggle just finding our pony. Try this lead in by way of example: "The index of U.S. leading indicators rose in December by the most in three months, showing the world's largest economy is poised to keep growing through the first half of this year."
Well, that more »
But, Mousie, thou art no thy lane
In proving foresight may be vain:
The best laid schemes o' mice an' men
Gang aft a-gley,
An' lea'e us nought but grief an' pain,
For promised joy. ~ Robert Burns
Ah, but what of Mousie dear with stacks of money holding back the door, with thoughts of secret longing, unable to answer but with more and more. Boeing aircraft has a long more »