Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1372248 Comments:2390
"Lower-than-expected health care use has helped insurers in the past several quarters, and it factored into the 73 percent earnings gain Aetna reported in February for last year's fourth quarter. But Aetna and other insurers have said they expect use to return to more normal levels this year, which means they pay more claims, as consumers who were pinched during the recession start to feel more comfortable about their finances.....8D
"as consumers who were pinched during the recession start to feel more comfortable about their finances.....and realize they'll never get better...
66.87 Apr 26, 4:01PM EDT|Pre-Market: 65.00 Down 1.87 (2.80%) 7:59AM EDT - Nasdaq Real Time Price
"The maker of Tide detergent and Olay skin cream says net income fell 16 percent to $2.41 billion, or 82 cents per share. That compares with $2.87 billion, or 96 cents per share last year.
Consumer product companies have been raising prices to deal with higher costs for materials like fuel and packaging.
Consumers unfazed by 'raising prices' because they feel better about the economy. And can print money and borrow all they need just like the banksters....;}
DEARBORN, Mich. (AP) -- Ford Motor Co. said Friday its net income fell by 45 percent in the first quarter as European sales plummeted and the company paid higher taxes.
The company announced it will try to cut its pension costs by offering lump-sum payments to about 90,000 U.S. white-collar retirees and former employees. Ford said it is the largest such offer in U.S. history. Payouts will start later this year and come from pension plan assets. Ford doesn't yet know how much the plan will cost....
but that doesn't matter because F can print money and borrow just like the banksters.....;}
In a move to further ease and relax the consumer, the Markets have jointly confirmed that the color 'Red' will no longer be used for it's indicators.
'Black' and/or 'Green' are all we really need. 'Red' is superfluous. And thus un necessary....;}
Eurozone Retail Sales Plunge at Strongest Pace Since Late-2008; German Retail Sales Plunge Into Contraction; French Retail Sales Plunge at Record Pace; Record Job Losses, Record Retail Plunge in Italy
The word of the day is plunge. Retail sales fell like a rock in Germany and fell at a record pace in France. -Mish
