Archive for April 7th, 2008

07
Apr

Business Week 50 Rankings

From Business Week:

“This year’s list of the best performers is our most international to date

The companies that make up the BusinessWeek 50 represent the star performers in each of the 10 sectors that make up the S&P 500. Given our three-year measurement period, our list typically includes a number of companies that are riding the crest of different business cycles, which means this year’s rankings include seven companies that are benefiting from the surge in energy prices, as well as 10 companies that gained in different ways from the housing boom. The Class of 2008 is also among the most global groups of companies since we published our first rankings in 1997.”

07
Apr

Google Stock plummets and major concerns over future

Summary of most recent Business Week Article on Google:

  • Company revenue forecasts are down for the fourth quarter for the first time
  • Stock plummeted 38% from all time peak of $745 last November
  • Severe management brain drain, with many key senior leaders moving to new roles with facebook and Douglas Merrill

  This is one blogger who hopes the best for this internet giant! Go go go Google!!!