Investing and Global Finance News

Monthly Archives: April 2012

Focus on Companies: Edward Jones

According to a survey by Fortune Magazine, Edward Jones ranks as the fifth best company to work for.  The investment firm has 11,000 offices all over the United States, and an astounding 65% of its employees are women.

Another characteristic that sets Edward Jones apart from some of its sister firms in the financial sector is that is has so far survived the grueling recession without firing their employees. Managing partner Jim Weddle commented that, “It’s a great time not to be a bank, or to be owned by one.”

Edward Jones is headquartered in Saint Louis, Missouri, and posted revenues of about $4.1 billion in 2010. Edward Jones has almost 7 million investors, yet strives to take a personal approach to each of their clients.

Best Companies to Invest In for 2012

As the economy improves analysts are predicting excellent growth rates for many companies. Here is a list of some of those firms which will most likely rise quickly in the coming year. 1.    TRW Automotive Holdings: The automotive industry is second only to the military industry in profitability in the world, and there is every… Continue Reading

British Economy Enters Recession After Back to Back Shrinking Quarters

For the first time since the 1970s Britain is facing the reality of double-dip recession. According figures supplied by London’s Office for National Statistics, the gross domestic product shrunk by 0.2 percent in the first quarter of 2012 after contracting by 0.3 percent in the last quarter of 2011. The technical definition of recession is… Continue Reading

Business Spotlight: SHIFT Atheltic Performance

SHIFT Athletic Performance is a new business established by Katy Luetke in January. It focuses on professional strength and conditioning, group fitness programs, sports-focused programs, personal training, nutritional coaching and more. In an interview with Redding.com, Luetke spoke about her new business. What prompted you to start your own business? “As a local and former… Continue Reading

Quote of the Day: Christine Lagarde

Meteorologically speaking, spring is usually a welcome relief from cold, dark winter. However on the economic front, at least this year, there is a fear that this spring will bring the US economy back to the dreary days of last year’s recession, which this winter showed signs of recovery. As Christine Lagarde, the managing director… Continue Reading

Oil Prices and Economic Outlook

Investor concern regarding the ongoing debt crisis and slow economic growth is likely to increase now that oil prices have reached $103 per barrel in Asia. June delivery’s benchmark oil had fallen 13 cents to $102.98 a barrel on the New York Mercantile Exchange, and the contract later fell 77 cents to $103.11. Meanwhile, Brent… Continue Reading

Company Focus: iRobot Corporation

One of the fastest growing companies in America now is a high-tech firm called iRobot Corporation. Founded in 1990 by Massachusetts Institute of Technology-educated robotocists, iRobot generated over $465 million in earnings in 2011. Colin Angle is a co-founder, Chairman of the Board and CEO. His vision for the company is to bring practical robots… Continue Reading

Quote of the Day: Stephen Steinour

While announcing Huntington Bancshares’ first quarter revenue, its president and CEO revealed an optimistic outlook for the Midwest. “It’s increasingly clear in the Midwest states that there is a recovery. There’s a lot of strength in manufacturing. There’s a lot of export activity. Business owners, by and large, they are doing very well… The notion… Continue Reading