Procter&Gamble has reported earnings of 1.02 a share,versus an estimate of 1.00;and revenue of 20.1 billion dollars,versus an estimate of 20.24.Free cash flow was 1.9 billion dollars.The company repurchased 3 billion dollars of its shares to support the stock.
Organic sales were up 4%,while volume rose 8%.Fiscal year 2011 organic sales are projected to rise 4-11%.
Jan Moeller,Chief Financial Officer of the company,says the U.S. economy is choppy,but as long as they continue to innovate,they'll be able to price appropriately.They build their business plans to achieve organically.Acquisitions are on top of that.
A Sunday newspaper circular highlighted a number of new Procter&Gamble products.CNBC's Jim Cramer recently praised the firm and its CEO,Bob MacDonald.
Procter&Gamble(PG)
Sunday, October 31, 2010
Hodges Still Likes Texas Instruments
Texas Instruments has reported earnings of 0.71 a share,versus an estimate of 0.69;and revenue of 3.74 billion dollars,versus an estimate of 3.69.Eric Marshall of Hodges Capital Management says they are positive on TXN's core business and valuation.It is a solid,long term investment.Don't be caught up in the cyclical gyrations of the semi-conductor industry.
Hodges likes the stock here.It still trades at only 12 times earnings.In general,they think the stock looks very attractive.TXN's outlook sounds pretty positive.Hodges thinks lead times and inventory levels will revert back to normal levels.
Analog is now over 90% of TXN's business,and will be the growth-driver in 2011-12.
Investors over the next couple of years will do very well with TXN.Hodges would be committing new capital to it at this point.
TXN's business outside the U.S. is more and more important for them.They have new opportunities in industrial applications,such as automotive,medical and all types of different industries through their analog chips.
Texas Instruments(TXN)
Hodges likes the stock here.It still trades at only 12 times earnings.In general,they think the stock looks very attractive.TXN's outlook sounds pretty positive.Hodges thinks lead times and inventory levels will revert back to normal levels.
Analog is now over 90% of TXN's business,and will be the growth-driver in 2011-12.
Investors over the next couple of years will do very well with TXN.Hodges would be committing new capital to it at this point.
TXN's business outside the U.S. is more and more important for them.They have new opportunities in industrial applications,such as automotive,medical and all types of different industries through their analog chips.
Texas Instruments(TXN)
University Faculty Needed
The University of Northern Virginia is recruiting for the following faculty positions:Computer Science/Information Technology;Management;Accounting&Finance;Education&Marketing.Candidates must have a terminal degree in the field(ABD will be considered)with some teaching experience in higher education.
There are also executive academic positions for PhDs in IT,Management or a related field with academic management experience in higher education.
To apply,submit resume to employment@unva.edu
Located in Annadale,Virginia,Hong Kong,Prague and London,UNVA is now ten years old.It offers business,computer science and education degrees at both undergraduate and graduate levels.
There are also executive academic positions for PhDs in IT,Management or a related field with academic management experience in higher education.
To apply,submit resume to employment@unva.edu
Located in Annadale,Virginia,Hong Kong,Prague and London,UNVA is now ten years old.It offers business,computer science and education degrees at both undergraduate and graduate levels.
Friday, October 29, 2010
More IT For Patients:WellSpan Offers New Portal
WellSpan Health,an integrated health care system for the people of south central Pennsylvania and northern Maryland,has established a new patient portal,My eCare.Patients are now able to access lab test results or make an appointment through My eCare.They can also send questions to their doctor's office and receive a response within 48 hours.The service is not for usage in an emergency.
A free service,My eCare is described as the most convenient way to manage your health care.
WellSpan Health,anchored by Gettysburg and York Hospitals,includes 47 primary and specialty physician practices,as well as pharmacies,labs and health centers.It is a private,non-profit community resource with the mission of providing high quality,cost-effective and compassionate health care services to all patients.
In addition to My eCare,WellSpan Health employs an electronic medical records system.
A free service,My eCare is described as the most convenient way to manage your health care.
WellSpan Health,anchored by Gettysburg and York Hospitals,includes 47 primary and specialty physician practices,as well as pharmacies,labs and health centers.It is a private,non-profit community resource with the mission of providing high quality,cost-effective and compassionate health care services to all patients.
In addition to My eCare,WellSpan Health employs an electronic medical records system.
Sunday, October 24, 2010
American Education and Singapore
Many believe the American education system is lagging much of the rest of the world,including Singapore.Singapore is a country built on the concept of human capital,says Michael Milken,head of the Milken Institute think tank.Singapore's three economic pillars are 1.immigration;2.education;and 3.health care.Singapore's gross domestic product is 8-10 times that of Jamaica,which has an economy based on tourism and natural resources.
Singapore spends 10-15% of its GDP on education.
The educational standards in the rest of the world as well are higher than in the U.S.,where teachers tend to come from the bottom of their college classes.
In response to this,the Milken Institute is incentivizing American teachers with awards.There have been 2500 awards so far.It's an Academy Awards for teachers.
In addition,the National Institute for Excellence in Teaching,which was spun off from the Milken Family Foundation,has set up a teacher advancement system.This includes Master Teacher and Mentor Teacher programs.
Michael Milken is a financier best known for helping establish the concept of a high yield bond market.
Singapore spends 10-15% of its GDP on education.
The educational standards in the rest of the world as well are higher than in the U.S.,where teachers tend to come from the bottom of their college classes.
In response to this,the Milken Institute is incentivizing American teachers with awards.There have been 2500 awards so far.It's an Academy Awards for teachers.
In addition,the National Institute for Excellence in Teaching,which was spun off from the Milken Family Foundation,has set up a teacher advancement system.This includes Master Teacher and Mentor Teacher programs.
Michael Milken is a financier best known for helping establish the concept of a high yield bond market.
Canadian Economist Named Most Accurate
Sherry Cooper,an economist with BMO Financial Group,has been named the most accurate economist by Arizona State University's W.P. Carey School of Business.Dr.Cooper has also been recognized as one of Canada's most influential women.Educated by the University of Pittsburgh,she was selected as most accurate from a panel of 50 economists by Arizona State.
Dr.Cooper and her team were credited with pinpointing key indicators of both the beginning and end of the recent severe recession.
There's still a big unemployment overhang,Dr.Cooper observed.It wasn't caused by high interest rates as in previous recessions.Businesses laid off massively,so they're reluctant to hire back until the orders really start to come in.Employment contracted by 6%,which is totally unprecedented.
Until we start to see expansion in new businesses as well as old,it's hard to get everyone back to work.We could see unemployment at 9% by the end of 2011.The wave of inventory restocking is over,so the purchasing of equipment and machinery won't be as strong,either.
On the plus side,Dr.Cooper noted that consumption is growing a little bit more.The consumer is starting to come back.The effect of quantitative easing 2,the Federal Reserve's purchasing of more assets,will be pretty modest,but it is stimulative.
We're in a disappointingly slow recovery,but there won't be a double dip recession.
Bank of Montreal(BMO)
Dr.Cooper and her team were credited with pinpointing key indicators of both the beginning and end of the recent severe recession.
There's still a big unemployment overhang,Dr.Cooper observed.It wasn't caused by high interest rates as in previous recessions.Businesses laid off massively,so they're reluctant to hire back until the orders really start to come in.Employment contracted by 6%,which is totally unprecedented.
Until we start to see expansion in new businesses as well as old,it's hard to get everyone back to work.We could see unemployment at 9% by the end of 2011.The wave of inventory restocking is over,so the purchasing of equipment and machinery won't be as strong,either.
On the plus side,Dr.Cooper noted that consumption is growing a little bit more.The consumer is starting to come back.The effect of quantitative easing 2,the Federal Reserve's purchasing of more assets,will be pretty modest,but it is stimulative.
We're in a disappointingly slow recovery,but there won't be a double dip recession.
Bank of Montreal(BMO)
Kaiser Permanente Hiring Event
Health care provider Kaiser Permanente will soon be hiring for its Capitol Hill Medical Office,which will open in January 2011.The office,located next to Union Station in Washington,will have 200,000 square feet and offer a full range of outpatient services,from primary and specialty care to surgery and nuclear medicine.A hiring event will be held in mid-November at an offsite location yet to be determined.There are openings for management,nursing,technicians,support services,imaging/radiology,laboratory,pharmacy,and rehab/therapists.
To register for the event or learn about qualifications and job submission details if you cannot attend,please visit www.kpcareerevents.com
To register for the event or learn about qualifications and job submission details if you cannot attend,please visit www.kpcareerevents.com
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