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Friday, July 25, 2008
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Business


Gasoline Pump Televisions, Here To Stay
Tuesday, 22 July 2008
07/22/08 Since being introduced in 2006, televisions on top of gasoline pumps have multiplied by attracting the attention, adding an additional platform of advertisment, and keeping peoples minds and eyes off fuel prices and on the tube.
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NCAA 09 Football Ad
Tuesday, 22 July 2008
EA Sports' new ad campaign for NCAA 09 Football uses actual gamers rather than actors. Video courtesy of Fleishman Hillard. (July 22)
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Oil Falls For The Fourth Time In Five Sessions
Tuesday, 22 July 2008
07/22/08 Light, sweet crude for August delivery fell once again this session as a stronger dollar, a decrease in demand and news that tropical storm Dolly will not affect suplies all weighed heavil on the market.
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Telecoms and tech stocks take hit
Tuesday, 22 July 2008
Sector weakness and signs of sluggish profitablity weighed on Ericsson shares despite better-than-expected second-quarter earnings. Ericsson, the world's No. 1 mobile network maker, beat forecasts for the second consecutive quarter with earnings before interest and tax of 4.7 billion Swedish crowns ($789 million) excluding restructuring costs. Forecasts were for 4.3 billion. But the firm, which earlier this year announced a plan to chop 4 billion crowns off annual costs, said restructuring costs in the second quarter came in at 1.8 billion crowns. That was nearly four times the expected amount of 502 million. Reuters Technology Correspondent Matt Cowan reports.
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Wachovia quarterly losses near $9 billion
Tuesday, 22 July 2008
Wachovia reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. (July 22)
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