Tag Archives: chief-financial

President Obama confronted by disappointed Americans

Posted on September 20, 2010 by Benny Hollywood| Leave a comment

It was billed as “Investing In America,” a live televised conversation between President Obama and American workers, students, business people and retirees on the state of the economy, a kind of Wall Street to Main Street reality check. But it sounded like a therapy session for disillusioned Obama supporters. “I’m exhausted of defending you, defending your administration, defending the mantle of change that I voted for,” said the first questioner, an African-American woman who identified herself as a chief financial officer, a mother and a military veteran. “I’ve been told that I voted for a man who was going to change things in a meaningful way for the middle class, and I’m waiting, sir, I’m waiting. I still don’t feel it yet.” added by: maasanova

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China Co. Buys Volvo for $1.8 Billion Dollars

Posted on March 29, 2010 by Benny Hollywood

The Sleeping Giant China is really unstoppable in the business world. Zhejiang Geely Holding Group, a Chinese car company has signed a binding deal to by Volvo cars from Ford Motors for $1.8 Billion Dollars. It is still subjected to regulatory approval which will be finished by the third quarter of this year. It was signed by Geely’s chairman, Li Shufu and Ford Chief Financial Officer Lewis Booth, and witnessed by Li Yizhong, the Chinese minister of industry and information technology, as well as Swedish Minister for Enterprise and Energy Maud Olofsson. “China, the largest car market in the world, will become Volvo’s second home market. Volvo will be uniquely positioned as a world-leading premium brand, tapping into the opportunities in the fast-growing China market,” Li said. This thing that has happened is really showing that China is stoppable in the business world. China Co. Buys Volvo for $1.8 Billion Dollars is a post from: Daily World Buzz Continue reading →

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Visa quarterly profit jumps 73% amid recession

Posted on July 30, 2009 by Benny Hollywood| Leave a comment

Visa Inc. on Wednesday said its fiscal third-quarter profit jumped nearly 73 percent, as recent cost-cutting helped offset declining payment processing volume driven down by the recession

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Visa quarterly profit jumps 73% amid recession

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Microsoft shares tumble as revenues miss target by $1 Billion

Posted on July 23, 2009 by Benny Hollywood| Leave a comment

Microsoft Corp posted a steeper-than-expected 17 percent drop in quarterly revenue and said its business continued to be hurt by the weak global PC and server markets, sending its shares down 8 percent and hurting broader stock futures. The world's largest software maker, whose operating systems power the vast majority of the world's personal computers, offered little hope for a turnaround in technology until next year, despite recent optimism from others in the sector. “We still see conditions being challenging for the balance of this calendar year,” Chief Financial Officer Christopher Liddell said in a telephone interview.

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Microsoft shares tumble as revenues miss target by $1 Billion

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