Thursday, February 26, 2009

10 Large U.S. Companies That Won't Cut Jobs

1. Cisco in the midst of a very rapid expansion into the server & data center business. That will require extra personnel and may involve acquisitions. Cisco is in several businesses which are nearly recession-proof and should continue to do well, including video conferencing which may actually grow as business people cut back on travel.

2. VISA is lucky. It does not offer consumers credit. It acts as an agent to transfer funds between buyers and merchants. Visa also handles transaction clearing and settlement services. Unlike large banks, when a customer defaults, Visa’s balance sheet is not at risk.

Apple 3. Apple will not lay people off because Steve Jobs would have to admit he had made a bad decision and the company would appear not to be perfect.

4. Apollo is a large education company almost no one has heard of.

5. Altria is doing well because people addicted to cigarettes smoke even during a recession.

6. Google fired a very small number of people last year. If the company wants to control personnel costs, it can simply stop hiring. Google has been adding employees at a dizzying rate for four years. Google, like Apple, has a tremendous interest in keeping its R&D, marketing, product development, and engineering projects going forward as rivals like Microsoft and Yahoo! falter. Google has a chance to pick up market share from both companies and improve its competitive position against Microsoft in the PC application business.

7. Colgate has “side-stepped the global slowdown” as MarketWatch recently wrote. In the most recent quarter the company’s profits were up 20%. It would be hard to pick a better time to sell toothpaste, pet food, and shampoo. Even in a bad economy, most of these are products will have stable sales.

8. Verizon is not growing as fast as it was a year ago. Cellular sales are not quite as good due to market saturation and the economy. But, the use of wireless devices for sending items like data and video over wireless networks is improving margins in the company’s cellular operations. Verizon has also made a major gamble that it can take home broadband and television services away from the cable companies. It will need to continue to market, service, and build the infrastructure out for that to get a return on its multi-billion capital investment.

9. Amgen is still growing rapidly unlike most Big Pharma companies. Its biotech business is producing novel medical treatments that have kept its' sales solid.

10. Corinthian College is another highly successful company in the education field which should benefit from the need of people out of work to develop new skills.

http://money.aol.com/investing/companies-that-wont-cut-jobs

Thursday, February 12, 2009

The World's Most Powerful Billionaires

Michael Bloomberg1. Michael Bloomberg : Mayor, New York City; Bloomberg LP
New York City's chief executive. Former Salomon Brothers trader founded financial information and services firm Innovative Market Systems; renamed Bloomberg LP in 1987. Firm now has news service, cable TV stations, radio and magazine. Today, he owns 88% of company after buying cash-strapped Merrill Lynch's 20% stake last summer. Spent $74 million becoming New York City mayor in 2001 and $85 million in 2005. Law passed in October letting Bloomberg run for third term.

Silvio Berlusconi2. Silvio Berlusconi : Prime minister, Italy; Fininvest
Currently serving his third term as prime minister of Italy. Leads a nation of 58 million people, an industrial economy with a GDP of $2.4 trillion and a military budget of roughly $43 billion. As prime minister, he lords over Italy's public TV; his diversified conglomerate Fininvest dominates Italy's private TV channels.


Lakshmi Mittal3. Lakshmi Mittal : ArcelorMittal
Controls world's largest steelmaker ArcelorMittal; company accounts for 10% of crude steel production. Born in India but lives in London, where his political clout often incites controversy. In 2002, then British Prime Minister Tony Blair reportedly wrote a letter to the Romanian prime minister hinting a sale of the country's steel company to Mittal would facilitate its entrance into the European Union.

Warren Buffett4. Warren Buffett : Berkshire Hathaway
Even the faintest hint of interest from Buffett can send a stock soaring. When Buffett's Berkshire Hathaway injected billions into Goldman Sachs in September, the investment bank's shares jumped by nearly 6%. Backed Barack Obama with advice and money during last year's campaign; Obama often touted the endorsement in a campaign where the economy eventually took center stage.

Vagit Alekperov5. Vagit Alekperov : Lukoil
Former Caspian Sea oil rig worker, now president of Lukoil, Russia's largest independent energy company. The firm's reserves are second only to ExxonMobil. Alekperov owns more than 19% of the company. Friend of Vladimir Putin who lobbies Kremlin for tax breaks for Russian oil companies.

Carlos Slim Helu6. Carlos Slim Helu : America Movil, Telefonos de Mexico
Son of Lebanese immigrant was world's second richest man in 2008. His Telmex controls 90% of telephone landlines in Mexico; cellphone operator America Movil has more than 173 million customers in Latin America. Baseball fan and art collector also invests in construction, retail, banking, railroads, mining and media; bought 6.9% stake in The New York Times last year and loaned the newspaper $250 million in January.

Mukesh Ambani7. Mukesh Ambani : Reliance Industries
Heads petrochemicals giant Reliance Industries, Indian's largest company by market cap. Produces oil, gas, petrochemicals and textiles. Personally funding construction of a 27-story home in Mumbai that could cost $2 billion. With brother Anil, inherited their fortune from their late father, renowned industrialist Dhirubhai Ambani. But they couldn't get along, and in 2005, their mother brokered a peace settlement breaking up the family's assets.

8. Charles and David Koch : Koch Industries
MIT-trained brothers turned family oil refining firm into America's second largest private company. Koch Industries has stakes in pipelines, refineries, fertilizer, fibers and polymers, forest and consumer products, chemical technology. Sales in 2008: $110 billion. Brothers each own 42% of company. Employs 80,000 people and operates in 60 countries. Charles co-founder of conservative think tank Cato Institute. David gave $100 million to alma mater for cancer research in 2007. Pledged another $100 million to New York's Lincoln Center last July.

Bill Gates9. Bill Gates : Bill & Melinda Gates Foundation, Microsoft
World's richest man founded software giant Microsoft in 1975. Stepped down from day-to-day duties at Microsoft last year to devote his talents and riches to philanthropy. The $36 billion Bill & Melinda Gates Foundation donates to causes such as fighting hunger in developing countries, improving education in America's high schools and developing vaccines against malaria, tuberculosis and AIDS.

10. Edward and Abigail Johnson : Fidelity
Father and daughter run Fidelity Investments, America's largest mutual fund company. Family owns 49% of the company, which managed $1.2 trillion in assets at the end of 2008. "Ned" serves as chairman; "Abby" runs Personal & Workplace Investing division.

http://www.forbes.com/2009/02/12/most-powerful-people-business-billionaires_0212_rich.html

Sunday, February 1, 2009

America's Best Colleges 2009

No. 25: UCLA
Los Angeles, Calif.
U.S. News Overall Score: 73
2007 Total Enrollment: 38,896
2008-2009 Tuition and Fees:
In-state - $7,034; Out-of-state - $26,102
Application Deadline: 11/30

No. 23: Univ. of Virginia (TIE)
Charlottesville, Va.
U.S. News Overall Score: 74
2007 Total Enrollment: 24,257
2008-2009 Tuition and Fees:
In-state - $9,300; Out-of-state - $26,900
Application Deadline: 1/2

No. 23: Georgetown Univ. (TIE)
Washington, D.C.
U.S. News Overall Score: 74
2007 Total Enrollment: 14,826
2008-2009 Tuition and Fees: $38,122
Application Deadline: 1/10

No. 22: Carnegie Mellon Univ.
Pittsburgh,Pa.
U.S. News Overall Score: 75
2007 Total Enrollment: 10,493
2008-2009 Tuition and Fees: $38,844
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adb92f-002c7-00ff8-400cb8e1
No. 21: Univ. of Calif., Berkeley
Berkeley, Calif.
U.S. News Overall Score: 77
2007 Total Enrollment: 34,953
2008-2009 Tuition and Fees:
In-state - $8,932; Out-of-state - $29,540
Application Deadline: 11/30

http://www.aolcdn.com/channels/0d/04/48adb930-00209-00ff8-400cb8e1
No. 18: Vanderbilt Univ. (TIE)
Nashville, Tenn.
U.S. News Overall Score: 79
2007 Total Enrollment: 11,847
2008-2009 Tuition and Fees: $37,005
Application Deadline: 1/3

http://www.aolcdn.com/channels/0d/04/48adb931-001ef-00ff8-400cb8e1
No. 18: Univ. of Notre Dame (TIE)
Notre Dame, Ind.
U.S. News Overall Score: 79
2007 Total Enrollment: 11,733
2008-2009 Tuition and Fees: $36,847
Application Deadline: 12/31

http://www.aolcdn.com/channels/0d/04/48adb932-00163-00ff8-400cb8e1
No. 18: Emory Univ. (TIE)
Atlanta, Ga.
U.S. News Overall Score: 79
2007 Total Enrollment: 12,570
2008-2009 Tuition and Fees: $36,336
Application Deadline: 1/15

http://www.aolcdn.com/channels/0d/04/48adbb74-00234-00ff8-400cb8e1
No. 17: Rice University
Houston, Texas
U.S. News Overall Score: 80
2007 Total Enrollment: 5,243
2008-2009 Tuition and Fees: $28,996
Application Deadline: 1/2

http://www.aolcdn.com/channels/0d/04/48adbb75-001be-00ff8-400cb8e1
No. 16: Brown University
Providence, R.I.
U.S. News Overall Score: 84
2007 Total Enrollment: 8,167
2008-2009 Tuition and Fees: $37,718
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbb76-001fb-00ff8-400cb8e1
No. 15: Johns Hopkins Univ.
Baltimore, Md.
U.S. News Overall Score: 85
2007 Total Enrollment: 19,737
2008-2009 Tuition and Fees: $37,700
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbb77-001c4-00ff8-400cb8e1
No. 14: Cornell University
Ithaca, N.Y.
U.S. News Overall Score: 86
2007 Total Enrollment: 19,800
2008-2009 Tuition and Fees: $36,504
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbb78-000e2-00ff8-400cb8e1
No. 12: Washington Univ. (TIE)
St. Louis, Mo.
U.S. News Overall Score: 87
2007 Total Enrollment: 13,382
2008-2009 Tuition and Fees: $37,248
Application Deadline: 1/15

http://www.aolcdn.com/channels/0d/04/48adbb79-000eb-00ff8-400cb8e1
No. 12: Northwestern Univ. (TIE)
Evanston, Ill.
U.S. News Overall Score: 87
2007 Total Enrollment: 18,028
2008-2009 Tuition and Fees: $37,125
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbd8c-00191-00ff8-400cb8e1
No. 11: Dartmouth College
Hanover, N.H.
U.S. News Overall Score: 89
2007 Total Enrollment: 5,849
2008-2009 Tuition and Fees: $36,915
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbd8d-00153-00ff8-400cb8e1
No. 8: Univ. of Chicago (TIE)
Chicago, Ill.
U.S. News Overall Score: 90
2007 Total Enrollment: 12,336
2008-2009 Tuition and Fees: $37,632
Application Deadline: 1/2

http://www.aolcdn.com/channels/0d/04/48adbd8e-000ea-00ff8-400cb8e1
No. 8: Duke Univ. (TIE)
Durham, N.C.
U.S. News Overall Score: 90
2007 Total Enrollment: 13,598
2008-2009 Tuition and Fees: $37,525
Application Deadline: 1/2

http://www.aolcdn.com/channels/0d/04/48adbd8f-00082-00ff8-400cb8e1
No. 8: Columbia Univ. (TIE)
New York, N.Y.
U.S. News Overall Score: 90
2007 Total Enrollment: 22,655
2008-2009 Tuition and Fees: $39,326
Application Deadline: 1/2

http://www.aolcdn.com/channels/0d/04/48adbd90-00071-00ff8-400cb8e1
No. 6: Univ. of Pennsylvania (TIE)
Philadelphia, P.A.
U.S. News Overall Score: 93
2007 Total Enrollment: 18,916
2008-2009 Tuition and Fees: $37,526
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbd91-00007-00ff8-400cb8e1
No. 6: Calif. Institute of Technology (TIE)
Pasadena, Calif.
U.S. News Overall Score: 93
2007 Total Enrollment: 2,133
2008-2009 Tuition and Fees: $34,437
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbd91-00394-00ff8-400cb8e1
No. 4: Stanford Univ. (TIE)
Stanford, Calif.
U.S. News Overall Score: 94
2007 Total Enrollment: 19,782
2008-2009 Tuition and Fees: $36,030
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbd92-002de-00ff8-400cb8e1
No. 4: Mass. Institute of Tech. (TIE)
Cambridge, Mass.
U.S. News Overall Score: 94
2007 Total Enrollment: 10,220
2008-2009 Tuition and Fees: $36,390
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbd93-002f2-00ff8-400cb8e1
No. 3: Yale University
New Haven, Conn.
U.S. News Overall Score: 98
2007 Total Enrollment: 11,454
2008-2009 Tuition and Fees: $35,300
Application Deadline: 12/31

http://www.aolcdn.com/channels/0d/04/48adbd94-002a0-00ff8-400cb8e1
No. 2: Princeton Univ.
Princeton, N.J.
U.S. News Overall Score: 99
2007 Total Enrollment: 7,334
2008-2009 Tuition and Fees: $34,290
Application Deadline: 1/1

http://www.aolcdn.com/channels/0d/04/48adbd95-00283-00ff8-400cb8e1
No. 1: Harvard Univ.
Cambridge, Mass.
U.S. News Overall Score: 100
2007 Total Enrollment: 19,257
2008-2009 Tuition and Fees: $36,173
Application Deadline: 1/1

http://www.walletpop.com/college-finance/americas-best-colleges