Tenet: &#39;05 Results Won&#39;t Exceed Breakeven
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Tenet Healthcare Corp. on Monday said fourth-quarter charges could exceed $1 billion and it does not expect 2005 operating results to exceed breakeven as the hospital operator struggles with fewer patients and bad debt.
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A new report suggested that the threat of higher inflation had not diminished and that it may take more monetary restraint to hold prices down.
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One quarterly earnings report cannot make or break a company. Sure, it can provide a fair depiction of a company&#39;s current state of affairs, but by definition it is a backward-looking tool.
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InfoWorld - Demand for software and IT services will continue to grow steadily in Europe this year, but sluggish performance in the telecommunications sector will dampen the reasons to celebrate, according to a forecast released Thursday ahead of the Cebit trade show.
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Setting ground rules for competition is one thing, but seeking to determine outcomes is another. In European antitrust, there is more a doctrine of âreining inâ powerful companies than in the United States.
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Demand for software and IT services will continue to grow steadily in Europe this year, but sluggish performance in the telecommunications sector will dampen the reasons to celebrate, according to a forecast released Thursday ahead of the Cebit trade show.
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The only positive Tim Henman could take from his defeat in the third round at the Madrid Masters yesterday was that his racket did not break.
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Being No. 2 doesn't limit its opportunity for profits.
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You can beat the market without breaking a sweat. No, really.
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Microsoft has decided not to appeal&#160;last month&#39;s appeal ruling&#160;against it from the Court of First Instance (CFI) and has finally&#160;agreed to comply&#160;with the European Commission&#39;s&#160;2004 antitrust ruling&#160;that sparked the company&#39;s appeal.The decision to accept the CFI&#39;s ruling will dispel any lingering uncertainty facing software and hardware developers over how to plan future product development.&quot;We will not appeal the CFI&#39;s decision to the European Court of Justice and will continue to work closely with the Commission and the industry to ensure a flourishing and competitive environment for information technology in Europe and around the world,&quot; the company said in a statement Monday.Last month the Luxembourg-based CFI threw out Microsoft&#39;s appeal, siding with the Commission on the two essential elements in the antitrust case: Microsoft&#39;s failure to share necessary interoperability information about its Windows operating system with rivals and its strategy of tying its media player to Windows to the detriment of rival players.The Commission declined to comment officially on Microsoft&#39;s decision not to appeal.
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Just because Microsoft has said it will comply immediately with a European Court judge&#39;s order to follow specified antitrust remedies doesn&#39;t mean life will be a bowl of cherries for Microsoft&#39;s partners, developers and even its competitors.
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State Treasurer Timothy Cahill said yesterday that the lottery's $20 sweepstakes game is unlikely to break even, one of the rare instances when a game failed to pay for itself.
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Microsoft's decision to push back a 64-bit Windows will not hurt chip sales, company says.
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Europeans are much more chilled The majority of European IT professionals say that a failure to finish projects on time would not pose a risk to their job. Under a quarter of IT workers in the US felt safe enough to say the same.â¦
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European finance ministers said they won&#39;t attempt to halt the euro&#39;s rise, saying the currency&#39;s jump to an eight-month high is unlikely to derail the recovery and will prevent record oil prices from spurring inflation.
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Santander Central Hispano is expected to announce that headcount at Abbey National will not drop by more than 4,500 in the three years after its takeover, a source familiar with the situation says.
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&quot;The bottom line is that stem cell research will advance. This declaration will not chill stem cell research,&quot; said Bernard.