Tuesday, January 31, 2012

apple Picks John Browett, European electronics retailer, Dixons' CEO.

Apple picked a new boss of retail and it is a surpise.  They picked the head of Britain's Dixons's: a buy your box heare kind of firm. 

Smart move? Time will tell.

Take Your Losses Upfront: Banco Santander Takes a 3.1 Billion Euro Hit

Profits Tumble at Banco Santander 1/31/201
Spain's largest bank, Banco Santander, announced that its profits were down by 98% in the fourth quarter of last year. It is catching a jump on regulators by writing its losses down earlier.

In this video, Joe Ortiz of DJ Banking Intelligence tell us why.

Saturday, January 14, 2012

Innovation Is Alive and Well at Milliken

Kodak, once a big U.S. innovators is in a terminal decline.  John Bussey in this 1/12/2012 Wall Street Journal video shows what textile maker Milliken & Co did right.