Smart investments lie in those companies that are boosting market share, creating healthy balance sheets, and taking advantage of price leadership, according to Javelin Wealth Management CEO Stephen Davies.
British Airways swung to a first-half pretax loss of 292 million pounds, as business class passenger numbers continued to tumble, dashing hopes air traffic demand was recovering from the slump caused by the downturn.
Honda Motor will likely post an operating profit of 60 billion yen ($660 million) for the April-September first half, beating its forecast for a loss, the Nikkei business daily reported on Thursday.
Morgan Stanley agreed to sell its mutual fund business to Invesco for $1.5 billion, as the Wall Street bank restructures its money-losing asset management division.
Carry your own luggage to the plane, slide one pound ($1.65) into a slot to use the toilet while airborne, pay more charges for fuel, have staff working for free for one month.
Friday, 19 Jun 2009 | Posted By:
Lisa Auret | Source: CNBC.com
Savvy consumers swarmed to London's Regent Park Thursday for the opening of Taste of London's four-day gourmet food festival. The event was teaming with cost-conscious foodies getting a chance to taste the wares of Michelin-starred chefs for a fraction of the price.
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.