Invest Young!

HP Profit Up!

Hewlett-Packard Co. did very well in this third quarter earnings report. HP reported that they earned $2.03 billion, or 80 cents per share.  They even shattered Wall Street’s expectations.  HP’s laptop sales and a robust international presence are what pulled them through.  Right now there still the leading provider of personal computers, mostly because of their low cost.  But that might soon changes because of the rising cost of supplies.  They won’t be able to remain at the current profit margin.  I wonder if HP will shift toward cheaper PCs just like the other PC makers.  If they do they will be in the same boat with the rest of the PC makers.

Wholesale Inflation!

For the month of July wholesale inflation rose up by amazing 1.2 percent. Which in turn is making this the fastest rise in 27 years. The main reason for this is the high energy and other related costs. The expected rate increase in this are is around .02 to .05 percent, not 1.2 percent. The good news is that oil prices have dropped by more than $30 per barrel since then. And this only means the rising inflation will come down soon.

Your Business Needs!

Are you looking for a company that will understand your business needs?  If so, you need to check out Smarter Solutions.  These guys know that all businesses aren’t created equal.  And with that knowledge on their side they can meet all your coaching, consulting, and training services with ease. Smarter Solutions can offer you an innovative business process improvement system that will go way beyond the Balanced Scorecard.  And they will also integrate best practices of Lean Six Sigma.

JPMorgan Chase & Co!

Today wasn’t a good day for JPMorgan Chase & Co.  A matter of fact, it wasn’t good for anyone, stocks had a really bad day trading.  But for JPMorgan Chase & Co they lost almost 9 percent and reported an it had $1.5 billion of losses so far this quarter on mortgage-linked assets.  Mostly related to how bad the credit markets have been.  This just comes to show how bad things still are.  No matter how people sugar coat things, these times are still really bad.  One thing good came out of today; the price of oil is still dropping.