In view of the recent events involving three crash landings of Bombardier Q400 planes, some major airlines are inclining towards dropping their plane fleet manufactured by
Bombardier Corporation. The first was Scandinavian Airlines System, which refused to use its extensive fleet of 27
Q400 aircrafts after they experienced a crash landing involving a 70-seat Bombardier plane, which landing gear collapsed when the plane was landing in Copenhagen on October, 27. Fairly enough, SAS officials say that they have lost confidence in this Canadian-manufactured turboprop. The Scandinavian Airlines were the first to purchase Q400s, which were put onto the market by Bombardier Corporation seven years ago.
The current world-wide fleet of Q400s includes 165 aircrafts serving such notable carriers as Horizon Air Industries Inc. in Seattle, Japan ...
In the end of September, it
was announced that a Canadian giant
“Thompson Corporation” had purchased a Barcelona-based company
“Prous Science”. The price of the purchase was not disclosed.Prous Science is a strong Spanish company, which supplies life sciences to both professional and business customers from all over the world. It was established in 1958, and has provided scientists with information on drug development and drug innovations ever since. Its web portal contains data on over 265,000 biologically active compounds and almost 100,00 records about family patents. Currently, the staff of Prous Science exceeds 180 employees. Within the Canadian corporation, Prous Science will become a part of the huge electronic media company
“Thomson Scientific”.
Thompson Corp., ...
On September 21, 2007, Spherion Corporation published a
press-release with the results of an employment report that had been conducted among California workers. The results of the survey, conducted on behalf of Spherion Corporation by Harris Interactive(R), show that California workers are less satisfied with their employment opportunities than two months ago. More workers find it difficult to find a job in California, which is confirmed by the decrease in the Employee Confidence Index that dropped almost three points in August. Only sixty seven percent of employees are confident in their ability to keep a job with their current employer.A top-ranking Spherion executive links the results of the survey to the end of seasonal summer opportunities in the California job market. However, he adds that ...
On September 17, Memry Corporation, which is considered a leading provider of synthetic components to the medical industry, reported revenues for the fiscal year 2007. In accordance with the press-release published at
CNNMoney.com - Memry Corporation FY 2007 Revenues, the Corporation’s net revenue for the year 2007 has accounted at about $51.7M, while last fiscal year it was roughly $52,6M. 2007 net income of Memry Corporation is $317,000, or $0.01 per share.Robert Belcher, Chief Executive Officer of Memry Corporation, has admitted that it was an extremely difficult year for Memry, but during the last fiscal quarter the sales went up and the prospects for the business look promising. “Our research and development initiatives have been a strong focus and point of investment in 2007 as ...
Corporate tax stands for a tax imposed on the corporate profits, and it can greatly vary between jurisdictions. The system of corporate taxation is very complex, and there are certain advantages and disadvantages for an individual taxpayer who decides to incorporate his business. The main advantage is that a shareholder can leave the funds in the corporation and use them as a vehicle of investment, thus avoiding some taxes until a later date. However, if losses are experienced, which usually happens when the business if young, a taxpayer is better off if the business in not incorporated so that the losses cannot be applied directly against personal income.In the U.S., although the federal corporate rate accounts to 35%, the “check the box” system, which was ...
Stocks of the leading technology names, such as
Microsoft,
Oracle, IBM and EMC, are enjoying a rising popularity among investors who seem to be shifting away from pumping their money into financial companies. In the opinion of Scott Kessler, head of the technology group at Standard & Poor’s Equity Research, people seem to be more attracted to buying stocks of the reliable, familiar technology brands which were already popular in the late 90s. One of the reasons for this is that the well-known corporations can successfully combine solid fundamentals with providing the newest products and services, like, for example,
Apple’s iPhone, Microsoft’s Vista and office software, or Oracle’s Fusion - a major 2008 development. Also, due to the fall ...
