Archive for February, 2011

Wealthy Americans eyeing stocks this year

Monday, February 28th, 2011

On February 22, 2011, InvestmentNews reported that about 52% of ultrahigh-net-worth households said they are likely to buy stocks or stock mutual funds this year according to a survey by Spectrem Group.  Click the photo to the right to view the entire article.

CBS Profit skyrockets in fourth quarter

Friday, February 18th, 2011

A rebounding advertising market and politicians throwing money around in advance of the Novemeber elections helped CBS Corp. post fourth quarter earnings that were more than quadruple its profit from the year-earlier period.  Click the logo to the right to view the entire article from the Thursday, February 17th, 2011 Los Angeles Times.

Cargo traffic jumps 13% at local ports

Friday, February 18th, 2011

On February 17th, 2011 the Los Angeles Times reported significant gains in cargo traffic at the Los Angeles and Long Beach ports in the month of January.  “…companies are placing their bets now on whether consumers are going to be buying this spring and throughout the rest of the year”, said Art Won, a spokesman for the Port of Long Beach.  To view the entire article, please click the photo to the left.

January retail chains post 4.2% increase

Thursday, February 3rd, 2011

Major chain stores posted an impressive 4.2% sales increase in January compared with the same month a year earlier,handily exceeding analyst’ expectations.  Click on the photo to the right to view the entire Los Angels Times Aricle.