Fiscal Q1 Revenue Up 5 Percent, Hard Drive Shipments Up 12 Percent, Net Income Up 36 Percent from Year-ago Quarter Western Digital Corp. reported record revenue of $2.2 billion, record hard drive shipments of 44.1 million units and net income of $288 million, or $1.25 per share, for its first fiscal quarter ended Oct. 2, [...]
The Conference Board Leading Economic Index(TM) (LEI) for the U.S. increased 1.0 percent in September, following a 0.4 percent gain in August, and a 1.0 percent rise in July. “With the sixth consecutive increase, the LEI’s six-month growth rate has improved to its highest pace since 1983,” says Ataman Ozyildirim, Economist at The Conference Board. [...]
Corporate America’s commitment to workers’ retirement plans, measured by benefit values as a percentage of pay, has dropped consistently over the last decade, according to research by Watson Wyatt, a leading global consulting firm. The research found that companies that shifted from defined benefit (DB) plans to defined contribution (DC) plans had the steepest drops, [...]
The outlook for seasonal hiring in the fourth quarter of 2009 is projected to be similar to 2008, according to a new CareerBuilder survey. Eighteen percent of hiring managers plan to hire seasonal workers to meet business needs associated with the holidays and end-of-the-year wrap-ups, on par with 17 percent in 2008. At the same [...]