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Friday, October 11, 2002
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Dow Jones & Company, publisher of The Wall Street Journal, reported third-quarter net income yesterday of $2.4 million, a drop of about 85 percent from the $16.7 million in the quarter a year ago. Revenue fell about 11 percent, to $352.4 million from $397.6 million a year earlier.
The chief executive, Peter R. Kann, called the business environment for The Journal "uncontrollable and awful."
"From a simplistic point of view, we've gone from a market nine months ago that was trying to look ahead and assume the best, to a market looking a foot ahead and assume the worst."
 11:50:54 AM Google It! comment
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The telecommunications equipment maker, which will also report a wider-than-expected loss in the fourth quarter, said the layoffs will reduce its total work force to 35,000.
CNET News.com
10:48:01 AM Google It! comment
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Plus, yahoo for Yahoo!, and digital radio loud and clear.
The Motley Fool
iSay - GET OUT OF SECURITIES! What a misnomer, securities, should be insecurities. The market is filled with manipulators, liars, and thieves. You are gambling with your principle. Find something that has real value, that you understand and buy it.
10:27:17 AM Google It! comment
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e.thePeople (Democracy is a conversation) asks the question and receives replies from "just folks".
5:05:59 AM Google It! comment
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