9 Great American Companies That Aren’t Recovering


Companies That Still Aren’t Recovering

24/7 Wall St. examined companies whose plans to revive their fortunes have not succeeded and found several common themes.

Managements often fail to appreciate the size of the challenges they face. Competition is fiercer than expected and markets change. Further complicating matters are investors who often want results more quickly than companies can deliver. Of course, the line between success and failure is a thin one.

When things go well, as they did in the cases of Apple Computer Inc. (NASDAQ: AAPL) and Ford Motor Co. (NYSE:F), they can go spectacularly well. These happy endings, however, are rare.

Turning around failing companies is one of the hardest things for any executive to do.

 nine corporate turnarounds that have yet to turn around.

(AP Photo/Rogelio V. Solis)

Related: Full Story  http://247wallst.com/2011/01/19/former-great-american-companies-that-refuse-to-turn-around-bgp-bsx-rsh-rad-shld-s-wen-winn-yrcw/

Bankrate.com


Here are stories published today

Home equity loan rates for Jan. 20, 2011 | 2011-01-21

http://www.bankrate.com/finance/home-equity/national-home-equity-loan-rates-for-jan-20-2011.aspx?ec_id=brmint_newsalert_20110120

Auto loan rates for Jan. 20, 2011 | 2011-01-21

http://www.bankrate.com/finance/auto/national-auto-loan-rates-for-jan-20-2011.aspx?ec_id=brmint_newsalert_20110120

National mortgage rates for Jan. 20, 2011 | 2011-01-21

http://www.bankrate.com/finance/mortgages/interest-rate-roundup-for-jan-20-2011.aspx?ec_id=brmint_newsalert_20110120

CD rates for Jan. 20, 2011 | 2011-01-21

http://www.bankrate.com/finance/cd/national-cd-rates-for-jan-20-2011.aspx?ec_id=brmint_newsalert_20110120

Credit card interest rates for Jan. 20, 2011 | 2011-01-21

http://www.bankrate.com/finance/credit-cards/national-credit-card-rates-for-jan-20-2011.aspx?ec_id=brmint_newsalert_20110120

Do no-limit cards affect score? | 2011-01-20

http://www.bankrate.com/finance/credit-cards/do-no-limit-cards-affect-score.aspx?ec_id=brmint_newsalert_20110119

New tool: your small-business credit card | 2011-01-20

http://www.bankrate.com/finance/credit-cards/get-cash-with-a-small-business-credit-card.aspx?ec_id=brmint_newsalert_20110119

TGIF & some News


featured pic is a campaign poster –

President Obama will be in the NYC today speaking from a General Electric Plant about JOBs and our economy he will then go to Maryland for a retreat with others from the Democratic Party.

Changes are happening …they are in the air and i like it.

If you listen to the tone of the Republican Tea Party since the midterm elections… the talk seems filled with a little more fear. The promises made to create JOBs have yet to happen or be attempted and while the public is beginning to finally hear, see and reject the carpetbaggers for who they really are I wonder if it will take all of the next two years for the Republican Tea Party to stop saying the midterm elections signaled a change and they heard the American people and are doing what they want. It is a fact that contrary to what Republicans keep saying …”talking points” or lies the polls by CBS say 48% want to keep President Obama’s new health care law and just 40% want to repeal it. In addition, pundits, reporters and talking heads suggest that politicians on both sides of the aisle are beginning to not only understand the new law better but are starting to like the new HCR law because it will help older folks, women, folks with pre-existing condition and children under 26 years old. It would be tragic if legislation done in a good faith effort for the people were struck down by Republican Tea Party. Still, I cannot begin to express how offensive the right was by campaigning with the promise to work on Jobs, Jobs, Jobs only to have decided to denounce and malign President Obama like Michele Bachmann who stated she and her comrades want to repeal not just legislation but this President instead of working for We the People to create Jobs.

The negative, nasty, ugly diatribe coming from the very people we placed in positions of power who get paid by American tax payers seem to be abusing it because the latest comments definitely give this voter the idea that they do not represent all the people of their States but those from Corporate America.

In an article this morning, the USA today reported that conservatives would end the federal government support of Amtrak, the Corporation for Public Broadcasting, The National Endowment for the Arts and the U.S. Agency for International Development. I believe that this is just a start because rumors before the midterm elections were that the Departments of Educational and Agriculture would be cut if they had their way. The group promises to eliminate about $200 million a year for the District of Columbia. The article quotes Democratic Rep. Chris Van Hollen, calling the GOP proposal “radical” and Van Hollen’s spokesman, Doug Thornell told ABC news “Putting forward a plan that puts more people out of work and endangers our economic recovery calls into question how serious the GOP is about tackling our nation’s most difficult challenges.” This plan along with some other conflicts in what needs to be cut from the federal budget is developing a GOP rift. In contrast,  an interview today among other things, President Obama stated,”Republicans will need to explain to taxpayers how tax cuts for the wealthy squares with their desire to start reducing deficits and debt.”

While Folks like palin, cheney, boehner, limbaugh and other Republicans Conservatives continue to attack Obama for any move toward collaboration with other countries calling him a Socialist, twisting his words and the meaning, practicing fear mongering and otherwise being obstacles of change… which, is what we need … a way forward, an implementation of the changes “We the People” (53%) put President Obama into office that will move Americans toward the 21st Century contrary to what the right seems to want to do.

What was the past has to be accepted, exorcised and released for room to provide change we can believe in.

my take

Other News …

 **Vets and Doctors reports say that unless you don’t care it is better to stop letting you pets share your bed, lick you or kiss  …. for fear of detrimental diseases -cats are far more likely to infect you …open cuts sores etc.

**Gov.Brewer continues to make it harder for people to get the help they need for transplants -at least 2 patients have died -now she wants to drop folks from Medicaid …specifically those with mental issues

**Congresswoman Giffords will be moved to Houston for great care and so her husband will be able to work and be close to him as well

**WSJ reports 50% approve of what our President is doing …across the board  

**Iran and 6 World Powers begin nuke talks

**Obama picks GE Chief for Board —focus on jobs

**House GOP wants to cut $2.5trillion in the fed budget  by – go to USAtoday.com for article

  **Obama states “Republicans will need to explain to taxpayers how tax cuts for the wealthy squares with their desire to start reducing deficits and debt.”

**Manson denied parole

**FBI nabs numorous mafia

**rep. Cantwell is reported as looking for ways to put Boeing back on top

 

**Gov.Brown says Education is a civil rights issue

 

 

Congress … the Republican led House of Representatives meet @10am -break until 2pm only to call 2 recesses &back to work for what? 2hrs #Republican fail … the Senate on 1/25


CURRENT HOUSE FLOOR PROCEEDINGS

LEGISLATIVE DAY OF JANUARY 24, 2011

112TH CONGRESS – FIRST SESSION

7:11 P.M. –

SPECIAL ORDER SPEECHES – The House has concluded all anticipated legislative business and has proceeded to Special Order speeches.

7:10 P.M. –

Mr. Burton of IN requested the following general leaves to address the House on January 26: Mr. Paul for 5 min, himself for 5 min, and Mr. Turner for 5 min.

7:00 P.M. –

ONE MINUTE SPEECHES – The House proceeded with further one minute speeches.

H. Res. 43:

providing for consideration of the resolution ( H. Res. 38) to reduce spending through a transition to non-security spending at fiscal year 2008 levels

6:59 P.M. –

Motion to reconsider laid on the table Agreed to without objection.

On agreeing to the resolution Agreed to by recorded vote: 240 – 168 (Roll no. 18).

6:53 P.M. –

On ordering the previous question Agreed to by the Yeas and Nays: 238 – 174 (Roll no. 17).

6:31 P.M. –

Considered as unfinished business.

6:30 P.M. –

UNFINISHED BUSINESS – The Chair announced that the unfinished business was the question on ordering the previous question and adoption of H. Res. 43 which had been debated earlier and on which further proceedings had been postponed.

The House convened, returning from a recess continuing the legislative day of January 24.

6:25 P.M. –

The Speaker announced that the House do now recess. The next meeting is subject to the call of the Chair.

H. Res. 43:

providing for consideration of the resolution ( H. Res. 38) to reduce spending through a transition to non-security spending at fiscal year 2008 levels

POSTPONED PROCEEDINGS – At the conclusion of debate on H. Res. 43, the Chair put the question on ordering the previous question and by voice vote announced that the ayes had prevailed. Mr. Dreier demanded the yeas and nays, and the Chair postponed further proceedings on ordering the previous question until later in the legislative day.

5:15 P.M. –

DEBATE – The House proceeded with one hour of debate on H. Res. 43.

Considered as privileged matter.

The House convened, returning from a recess continuing the legislative day of January 24.

2:12 P.M. –

The Speaker announced that the House do now recess. The next meeting is subject to the call of the Chair.

2:02 P.M. –

ONE MINUTE SPEECHES – The House proceeded with one minute speeches.

PLEDGE OF ALLEGIANCE – The Chair designated Mr. Young of IN to lead the Members in reciting the Pledge of Allegiance to the Flag.

The Speaker announced approval of the Journal. Pursuant to clause 1, rule I, the Journal stands approved.

2:01 P.M. –

Today’s prayer was offered by the House Chaplain, Rev. Daniel Coughlin.

2:00 P.M. –

The House convened, returning from a recess continuing the legislative day of January 24.

12:18 P.M. –

The Speaker announced that the House do now recess. The next meeting is scheduled for 2:00 P.M. today.

12:01 P.M. –

MORNING-HOUR DEBATE – The House proceeded with Morning-Hour Debate. At the conclusion of Morning-Hour, the House will recess until 2:00 p.m. for the start of a legislative business.

12:00 P.M. –

The Speaker designated the Honorable Virginia Foxx to act as Speaker pro tempore for today.

The House convened, starting a new legislative day.