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Author Archives: Good News Happens

UnitedHealth 4Q profits up 30% – is this really good news??

Thursday, January 21, 2010, 8:36am CST | Modified: Thursday, January 21, 2010, 2:41pm
Minneapolis / St. Paul Business Journal – by Chris Newmarker Staff Writer
UnitedHealth Group Inc.’s profits were up a third for the final quar… carry on reading.

Southwest Airlines reports $99M profit for 2009

Thursday, January 21, 2010, 8:38am CST
Dallas Business Journal
Low-cost carrier Southwest Airlines Co. said Thursday it posted earnings of $99 million for 2009, making it the company’s 37th consecutive year of profitability.
Th… carry on reading.

Google – China and Revenue

Google aims to stay in China
By Richard Waters in San Francisco
Published: January 21 2010 21:52 | Last updated: January 22 2010 00:39
Google on Thursday gave the first indication that it would seek to stay in China even if it… carry on reading.

National Restaurant Association sees stabilization

Wednesday, January 20, 2010, 10:54am EST | Modified: Wednesday, January 20, 2010, 1:56pm
Washington Business Journal – by Jeff Clabaugh Staff Reporter
Restaurants employ 9 percent of the U.S. work force, and it has been a tough… carry on reading.

IBM earnings rise

Jan 20, 2010 8:44 AM | By Sapa
Technology giant International IBM reports a fourth quarter profit surge of 8.7 per cent as earnings grew to 4.81 billion dollars from 4.43 billion dollars a year earlier.
<a rel="nofollow"… carry on reading.

Richemont reveals recovery in demand

By Haig Simonian in Zurich
Published: January 18 2010 14:05
Richemont, the world’s second-biggest luxury goods group, on Monday reinforced signs of a recovery in demand for expensive watches, jewellery and accessories with Christmas s… carry on reading.

Tax credits expected to create 17,000 energy jobs

Monday, January 18th 2010
Tax credits awarded to clean energy manufacturers
Kent Hoover Washington Bureau Chief
President Barack Obama announced that 17,000 new jobs will be created by $2.3 billion in tax credits that were award… carry on reading.

European commercial property rebounds

By Daniel Thomas, Property Correspondent
Published: January 17 2010 19:18 | Last updated: January 17 2010 19:18
Commercial real estate investment has risen by more than 40 per cent in Europe in the past three months to the highest lev… carry on reading.

J.P. Morgan Fourth Quarter Profits Soar

Results beat Wall Street forecasts, but fell short of firm’s earnings potential, says CEO Dimon.
By Alan Rappeport in New York
JPMorgan said on Friday that its fourth-quarter profits soared, fuelled by continued strength in its… carry on reading.

Intel results boost technology sector

By Chris Nuttall in San Francisco
Published: January 14 2010 21:49 | Last updated: January 14 2010 23:28
Intel gave a boost to the technology sector on Thursday, predicting a better year after fourth-quarter growth in sales of its chi… carry on reading.

Beige Book: Southeast economy improving

Wednesday, January 13, 2010, 2:26pm EST
Atlanta Business Chronicle
Good news — The Southeast’s economy actually improved from late November through December with better-than-expected consumer spending over the holidays and a dro… carry on reading.

High demand puts General Motors’ Kansas City-area plant at capacity, idled plants may reopen

Monday, January 11, 2010, 11:38am CST
Kansas City Business Journal
Sales of vehicles produced at the General Motors Co. Fairfax Assembly Plant in Kansas City, Kan., are so strong that the manufacturer is considering reopening some idl… carry on reading.

House prices rose by 1.1% in 2009, Halifax says

House prices increased by 1% in December to end the year 1.1% higher than they started it, figures from Halifax showed today.
The lender said significant cuts in interest rates at the start of last year, together with improvements in the jo… carry on reading.

House prices are rising again in many countries

After the crash
Jan 5th 2010
From Economist.com
WHEN The Economist last took stock of house prices across the globe, prices were falling in all but two countries. Three months later, prices are now rising in a total of six count… carry on reading.

Jobless claims fall to lowest level since July ’08

4-week average drops for 17th straight week to lowest level since Sept. ’08
updated 10:16 a.m. ET Dec. 31, 2009
WASHINGTON – The number of newly laid-off workers filing claims for unemployment benefits dropped unexpectedly last… carry on reading.

Good year as hedge funds play catch-up

By Sam Jones in London
Published: December 30 2009 21:00 | Last updated: December 30 2009 21:00
The global hedge fund industry turned in one of its best years of performance in close to a decade in 2009, according to industry data, t… carry on reading.

Consumer confidence rises in December

Tuesday, December 29, 2009, 10:31am EST | Modified: Tuesday, December 29, 2009, 10:47am
Pittsburgh Business Times – by Malia Spencer
Consumer expectations for the coming month hit the highest level in two years, according to dat… carry on reading.

Home prices rise for 5th straight month

But only 11 of the 20 metros tracked in index showed gains
updated 12:16 p.m. ET Dec. 29, 2009
NEW YORK – U.S. home prices rose for the fifth month in a row in October, but the recovery continues to be uneven with only 11 of th… carry on reading.

Report: Holiday sales jump 3.6%

Monday, December 28, 2009, 8:59am PST | Modified: Monday, December 28, 2009, 9:05am
Sacramento Business Journal
National retailers enjoyed a better-than-expected holiday season, a critical make-or-break period for those against the fi… carry on reading.

Corporate optimism highest in six years

By Bob Sherwood
Published: December 27 2009 22:49 | Last updated: December 28 2009 08:51
Britain’s business leaders are more optimistic about the UK economy improving than at any point in the past six years, according to an annual su… carry on reading.