growth
Investors demand strong revenue growth
By Matt Krantz, USA TODAYIt’s not just about the bottom line during the ongoing earnings season, as investors are looking for companies that can do more than just cut costs.
With 100 companies in the Standard & Poor’s 500 index reporting their financial results so far, investors are paying keen attention to companies’ revenue growth and punishing many companies that disappoint, even if their profit comes in strong.
Shares of Yahoo › Continue reading
China pushes domestic economic growth
By David J. Lynch, USA TODAYBEIJING — Ma Xiaojing and his girlfriend, Niu Shanni, weren’t trying to shake up the global economy. They just wanted to go shopping.
But as they strolled through the Viva Beijing mall on a recent workday, the young couple seemed to embody a transformation that many economists say is essential to long-term global stability.
With American consumers tapped out in the wake of the financial crisis, China › Continue reading
India delivers growth for Domino’s Pizza
By Tom Walsh, Detroit Free PressJ. Patrick Doyle, new CEO of Domino’s Pizza, spent his first days on the job last week in India and Saudi Arabia.
On Thursday, he opened Domino’s (DPZ) 300th outlet in India and its 65th new location there this year, making India the fastest-growing market for the Ann Arbor, Mich.-based pizza-delivery chain.
“In the next three to five years, our sales outside the U.S. will surpass our sales here,” Doyle, › Continue reading
GDP: Economic growth in Q4 revised up to 5.9% rate
By Jeannine Aversa, AP Economics WriterWASHINGTON — The economy rocketed ahead at a 5.9% annual rate in the final quarter of 2009, stronger than initially estimated. But the growth spurt isn’t expected to carry over into this year.
The latest estimate on the nation’s economic standing, released by the Commerce Department on Friday, was better than the government’s initial estimate a month ago of 5.7% growth. It would mark the strongest showing › Continue reading
85,000 jobs lost in Dec., but Nov. revision shows jobs growth
By Paul Davidson, USA TODAY WASHINGTON — Employers shed a more-than-expected 85,000 jobs in December as the construction and service industries such as leisure and hospitality reversed improving trends, the Labor Department said Friday.
The jobless rate was unchanged at 10% and the report moderately disappointed economists who believed two years of job losses ended last month. Economists surveyed by Bloomberg said employment would be flat › Continue reading