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.

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.

Honorable Service!

Joseph Baniak, an honorable United States Air force Major. He has served in the Persian Gulf, Afghanistan and Iraq. During his 14 years of active duty he’s had a wide range of duties including project management, procurement, mission coordinate and small group leadership. He also is a nationally recognized public speaker, which he as delivered many keynote speeches. So make sure you click your way on over to his site.

Real Life Jaws!

Do you remember that great Steven Spielberg movie “Jaws,” which closed the Martha’s Vineyard beach where it was being filed? Well it seems that they had a real-life shark spotting Thursday, which wasn’t confirmed. The plane that was dispatched tried to confirm the sighting but couldn’t see one. The two beaches in the area had to shut down just in case there was a great white in the water. Then plans they use to search the beaches for sharks can spot them a mile away. If this plane didn’t spot it the chances are good there wasn’t a shark in the area. Although shark attacks are very rare, they do happen. I will say, I wouldn’t go in those waters again for awhile. Sharks are no joke, their very deadly animals.