Watching the indices of today there is a strong impression (I think not only from doitinvest.com) that shares are going down and never stopping. It should be so in a sea of bad economic news and recession warnings.
Low-cost airlines soared this decade with cheap fares and helped push several traditional U.S. carriers into bankruptcy, but their struggles and failures now are providing little relief for troubled bigger rivals. But as it happens in the recessions with most of the cost-lead companies, the airlines who compete based on low fares are the first to feel the blade of […]
It is well known that the airline industry, especially in the US, is one of the lowest performing of all times. Despite the government protection granted to virtually all the national airlines and despite all the non- market advantages they have, the airline companies have undeperformed systematically the markets.
Fears that the recession-hit U.S. consumers will decrease the third-quarter earnings for makers of MP3 players, cell phones and other gadgets, pummeled the stocks of consumer electronics companies like Apple Inc and SanDisk Corp on Tuesday, a day after they issued grim forecasts. This is relatively normal in a tightening economy, where the consumers give up first to the luxury […]
“Growth does not always lead a business to build on success. All too often it converts a highly successful business into a mediocre large business.” Richard Branson (b. 1950) British entrepreneur, business executive, and founder of the Virgin Group. Speech to the Institute of Directors, London. ‘Growing Bigger While Still Staying Small’ (May 1993)
“Is your company so small you have to do everything for yourself? Wait until you’re so big that you can’t. That’s worse.” Michael Bloomberg (b. 1942) US entrepreneur, business executive, and Mayor of New York. Bloomberg by Bloomberg (co-written with Matthew Winkler; 1997)