Wednesday, July 11, 2007

Wall Street anxious about earnings

Stocks took a break Tuesday from their recent runup following some troubling earnings announcements from Sears and D.R. Horton, as Wall Street awaited remarks by Federal Reserve Chairman Ben Bernanke.

Liz Claiborne to sell 16 brands - report

Apparel company Liz Claiborne is expected to announce Wednesday plans to sell 16 of its 36 apparel brands, the Wall Street Journal reported.

What is elite service worth?

Dear FSB: I own one of the largest electrical companies in the state. Our uniformed workers respond to customers' homes within one hour of each call, with guaranteed service 24 hours a day. As a result our overhead is about 40% more than our competitors', and our prices are higher. How can we offer top-notch service and still stay profitable? - Bill Augustynski, Owner, August Electric Dudley, Mass. (augustelectric.com)

Stocks set to bounce back

Stocks are pointing to a slight recovery Wednesday from the past session's sell off, which was sparked by renewed subprime fears.

Potty power: Electric toilet paper dispenser unveiled

Kimberly-Clark Professional is unveiling an electronic toilet tissue dispenser in hopes of capturing more of the $1 billion away-from- home toilet paper market.

Text message + cable bill + etc.

Here's another one of those tipping-point stories. It was the end of the month, when I run through the stack of household bills that pile up both on my desk and on the bill-paying page at my bank's Web site. (I'm old-fashioned. I like paper bills. I even check out the cubic zirconium comeons.) This time around, the Verizon bill for my family's four cell phones seemed a little higher than usual, so I went over the 38-page itemized bill. Like most college students, my two daughters live on their phones, but the bill had been pretty consistent. This month, however, there was a spike. Fernanda, it seems, had gotten into texting - and got hit with a $45.65 surcharge, nearly doubling her bill to $93.21.

Stocks set to bounce back

Stocks are pointing to a slight recovery Wednesday from the past session's sell off, which was sparked by renewed subprime fears.