Tuesday, June 25, 2002

SECOND HALF RECOVERY LOOKS DOUBTFUL FedEx's net doubled for its fiscal fourth quarter, recovering from charges a year earlier. But the shipping company issued a first-quarter forecast that trailed analysts' expectations. [Wall Street Journal] 2:40:33 PM     Comments[]

THIS MIGHT BE A HORSE RACE Buy.com takes on Amazon on books. Buy.com is broadening its war with Amazon.com, promising to sell its books at 10 percent below Amazon's prices, the company plans to announce on Tuesday. [CNET News.com] 8:18:03 AM     Comments[]

SELLING AIRPORTS - WHAT A NOVEL IDEA! Sydney Airport Sold To Bank-Led Group. Sydney Airport, the largest airport in Australia, was sold today for 5.6 billion Australian dollars, or $3.2 billion. By The New York Times. [New York Times: Business] 8:14:14 AM     Comments[]

MAYBE I'VE BEEN WRONG ABOUT THE 'NEW' HP In college HP was king of the hill when it came to well-designed products with a look and feel that made you certain they stood for quality. Their calculators and other instrumentation products continued that tradition for many years. Today an HP -12C financial calculator is still a marvel of effective engineering. Yesterday's announcement followed by this news shows that HP may not have been distracted by the Compaq merger and the new CEO. HP to overhaul consumer printer line. Hewlett-Packard, which relies heavily on profits derived from its printer business, is expected to announce Tuesday that it is revamping its entire line of consumer printers. [CNET News.com] 7:57:05 AM     Comments[]

© Copyright 2002 Steve Pilgrim.