Archive for April, 2009

New Survey Finds 73 Percent of Consumers Cutting Back

Big ticket items first to go, while services are scaled down Economic woes have 73 percent of consumers cutting back on household expenditures, according to the Consumer Technology Pulse released today by the University of Maryland’s Robert H. Smith School of Business and research firm Rockbridge Associates, Inc. Findings show that consumers are postponing purchases [...]

The Conference Board Consumer Confidence Index Increases in April

Index Rises 12 Points; Short-Term Outlook Improves Substantially The Conference Board Consumer Confidence Index(TM), which had posted a slight increase in March, improved considerably in April. The Index now stands at 39.2 (1985=100), up from 26.9 in March. The Present Situation Index increased to 23.7 from 21.9 last month. The Expectations Index rose to 49.5 [...]

Nissan Introduces New Structure in The Americas

As Nissan enters its 2009 fiscal year, the company has introduced a new management and operational structure for the Americas designed to capitalize on synergies across the region while focusing on individual market and consumer needs. Carlos Tavares, Chairman of the newly reconfigured Management Committee-Americas, described the integrated plan for growth in the region as [...]

S&P Symposium Looks at Potential U.S. Move to International Financial Reporting Standards

Idea exchange on pressing issue to feature corporate financial accounting professionals, industry officials and association experts Despite the issuance of an SEC ‘roadmap’ for the potential use of the financial statements prepared in accordance with international financial reporting standards (IFRS), much discussion continues about this possible move. One of the largest questions — “Is Now [...]