Emerson Electric seen posting record earnings for 26th year
Investor News reports Emerson Electric, Ridge Tool’s parent, is poised to post record earnings for its 26th consecutive year, described as remarkable for a cyclical industry. Analyst Peter M. Rapaport attributes the gains to disciplined management, low-cost manufacturing, and strategic diversification and acquisitions.
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Personal computer wars tighten as Apple forecasts lower profit
Apple Computer Inc predicts sharply lower fourth quarter profits ending September 30, reporting $5 million to $8 million versus $18.7 million a year earlier. Texas Instruments warns lagging July August sales could mean a significant yearly loss. Hewlett Packard unveils the HP 150 business PC and plans $1 million ad push and tripling retail outlets. Osborne Computer files for Chapter 11 bankruptcy while market rivals intensify the battle for PC dominance.
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Osborne Computer Corp
How to pitch Sprint to the CEO for cost savings
A concise guide shows how to persuade a skeptical CEO to switch to Sprint long distance. It argues potential company savings up to 50 percent, no new equipment or high start up costs, quick implementation, and clear billing by project. A Travelcode enables calling while traveling, and In-Sprint offers cheaper alternatives to 800 lines.
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United States
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