The EconomistThe handful of firms that build nuclear reactors face new competition
THE nuclear industry got an unexpected boost from Barack Obama in his State of the Union address last month. The president pledged to build a “new generation of safe, clean nuclear power plants”. On February 1st he followed that up in his proposed budget for 2011 by tripling to $54 billion the value of loans for new nuclear plants the government is offering to guarantee. Els
It’s not easy to satisfy Wall St. some times, as on-demand vendor NetSuite has found. Despite meeting projections, the company still got clobbered after reporting fourth-quarter earnings. Why? eCRM Guide gets to the bottom of things.
Shares of on-demand software provider NetSuite plunged more than 15 percent Friday as investors sold off the stock even though it posted fourth-quarter sales and earnings that were in line with analysts’ consensus estimates.
NetSuite (NYSE: N) shares fell below $12 a share in early Friday trading before regaining some ground to trade off $1.85 a share, or 13 percent, to $12.66.
Business WeekThe European aircraft maker, Airbus, seems to hold the long-term edge in China, whose ire over U.S. arms sales to Taiwan won’t help Boeing
The last thing Boeing needs now is a new China problem. Over the next two decades, Boeing (BA) expects China to spend $400 billion to purchase 3,770 planes from manufacturers, making China second in size only to the combined market of the U.S. and Canada. With airlines in other markets struggling—and Boeing still trying to recover from its much-delayed Dreamliner 787 project—the U.S. manufacturer could use a Chinese boost. One
The new year is well underway and chances are, that you may not have accomplished all of the business goals that you had originally planned. If you are looking for your next step maybe it’s time to conduct a ‘productivity inventory.’
I already hear you groaning, “Not another instructional article telling me to how to break my tasks down into uninteresting, bite size tidbits that will kill me with boredom.”
You may be pleasantly surprised. This productivity inventory will actually help you to realize where your time sucks are so that you can either fine tune or entirely change the way you are running your business. Unfortuna
Star Telegram
Secretary of Defense Robert Gates voiced strong dissatisfaction Monday with a lack of progress on the F-35 joint strike fighter program, publicly taking prime contractor Lockheed Martin to task.
Gates, at a Pentagon media briefing on the proposed 2011 defense budget, announced the firing of the top military officer managing the F-35. Gates said $614 million will be withheld from Lockheed to help the government cover rising F-35 expenses.
“Progress and performance of the F-35 over the past two years has not been what it should, as a number of key goals and benchmarks were not met,” Gates said.
Strong earnings reports from Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN) couldn’t prevent another losing day on Wall Street Friday, as stocks ended their worst month in a year on a down note.
Microsoft fell more than 3 percent despite much stronger than expected results, as traders fretted about the pace of enterprise spending.
Amazon also slipped despite another stellar quarter, but Juniper (NASDAQ: JNPR) managed to edge higher on its results.
But the day’s biggest decliners were in the chip sector, led by an 11 percent decline in SanDisk (NASDAQ: SNDK) on a disappointing outlook. Micron (NYSE: MU) and Marvell (NASDAQ: MRVL) were other decliners.