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Peter Schiff to Democrats: Let's ban, limit corporate profits
Peter Schiff, CEO of Euro Pacific Capital and bestselling author, went undercover this week at the Democratic National Convention. There he promoted the idea of banning or limiting corporate profit and many people he spoke with agreed with the...
Thunder pride sparks generosity in Oklahoma City
Businesses in Oklahoma City are taking advantage of the increased business caused by the Oklahoma City Thunder’s winning season and using their new-found profits in a positive way. These businesses are giving back to the residents of...
Clarifying accumulated earnings & profits (E&P)
The amount of accumulated E&P (Earnings & Profit) is usually the amount of E&P at the end of the preceding tax year. The steps that are used to calculate accumulated E&P are:Accumulated...
St. Arnold Brewery ready to release Homefront IPA
Saint Arnold Brewery, the largest and oldest craft brewing operation in the state of Texas, will release a special beer tomorrow as part of a Memorial Day celebration and will donate 100% of the profits to the charity Operation Homefront...
Visa reports higher credit card usage and profits
It looks like Americans are slowly returning to plastic as a means of payment for everyday goods and services.Visa, the San Francisco based credit card processing business, announced its December 31, 2011 quarter- ending financial results and its...
Ford Motor Company reports large fourth quarter profit
Ford Motor Company has reported a large profit for the fourth quarter of 2011. Official figures released show $13.62 billion in net income- an amount large enough to rank it among the best corporate profits in U.S...
Panasonic continues to see red in 2011
Panasonic, the Japanese- based manufacturer of televisions, stereo systems, cell phones, and other electronic devices has felt a corporate shock this business year as it continues to lose money in its second business quarter.Losses at Panasonic for the...
Waste Management sales and profits improve
Waste Management, the Houston- based trash and recycling company, reported an increase in profits for the first quarter of 2011. Net income was 39 cents per share- an improvement from 37 cents per share for the same quarter last year...
Cannibalism is never ok: Especially when it comes to profits
Since 2003, Gilbert has exponentially grown from small cow town to comfortable, suburban living. The large influx of citizens is helpful to the surrounding businesses but with the rapid expansion that occurred in 2005, are stores, like Game Stop cannibalizing...
WalMart has drop in U.S. sales
Walmarts are an important part of the Syracuse community for consumers, employees and investors alike. And so news about the financial affairs of Walmart is always of interest here. Matt Egan has reported for FoxBusiness News "Wal-Mart Posts...
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