MARKETING

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Cognizant says positive demand trends continue into Q3

Cognizant Technology Solutions said its current quarter was seeing a continuation of the uptick in demand that helped its second quarter, indicating that third quarter results could be better than expected. When we gave our third quarter guidance back in early August, one of the things we stated was that guidance includes contingencies for the strength not continuing at the pace seen in the second quarter, Chief Financial Officer, Gordon Coburn said in an analyst presentation on Wednesday.

Revived jeweler Faberge seeks ultra rich online

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Revived luxury firm Faberge, whose namesake designed jewel-encrusted eggs for Russian Tsars, plans to sell its first collection of jewelry pieces worth up to $7 million each to the ultra rich on the Web.

Costco August same-store sales fall 2 pct

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Costco Wholesale Corp on Thursday reported a smaller-than-expected 2 percent fall in August same-store sales, in a sign that the impact of the financial crisis is waning on U.S. consumer spending.
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Costco August same-store sales fall 2 percent

Costco Wholesale Corp on Thursday reported a smaller-than-expected 2 percent fall in August same-store sales, in a sign that the impact of the financial crisis is waning on U.S. consumer spending.
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Second quarter server sales plunge-IDC

Global computer server sales in the second quarter continued to plunge to levels not seen in years, research firm IDC said on Tuesday, but signs of stability are appearing in a segment that analysts call a bellwether for the IT industry.
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IFA electronics trade show eyed for signs of recovery

Germany's consumer electronics trade show IFA may lack the glitz and glamour of other fairs, but this year it will attract more attention than usual as the tech world turns to Berlin for any signs of an upturn.
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'My House Is Worth More Than That!'

If you know how to price a listing effectively, you're much more likely to succeed in selling that property and making your clients very happy.
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Oil rises towards $75 on recovery hopes

Oil rose toward $75 a barrel on Monday, within sight of a 10-month high, supported by optimism that an economic recovery will spur a rebound in global energy demand.
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Months Supply: What's in a number?

Months supply is one of the most insightful statistics used to describe the housing market. It gives a concise assessment of a market's condition as of that point in time.
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Consumer climate still 'very difficult': JCPenney CEO

JCPenney Company, Inc. Chairman and Chief Executive Officer Myron Ullman on Thursday continued to describe the consumer climate as being very difficult, in line with his previous statements that he expected consumer spending to remain weak for the remainder of 2009.
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Great Deals Out There on Vacation Homes

Despite weakening second home purchases in 2008, the long-term demand looks favorable for the second-home market because there are large numbers of people in the prime years for buying a second home.
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How I Sold It: Building a Strong Web Presence

By the time Diane Kimsey called Jeannie Feenick, a sales associate with Weichert Realtors in Warren, N.J., in June 2008, the home owner had already conducted an exhaustive search for a real estate practitioner to list her Martinsville, N.J., home.
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Oil rises nearly $2 on U.S., China factory output

Oil rose more than $2 a barrel to hit a one-month high near $72 on Monday as positive manufacturing data in the U.S. and China raised optimism for an economic recovery that could bolster energy demand.
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Akamai revenue and outlook disappoint Wall St.

Internet content delivery company Akamai Technologies Inc reported second-quarter revenue and an outlook that fell short of Wall Street's expectations, citing pricing pressure, dragging its shares down 11 percent in after-hours trade.
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Interpublic profit drops; shares down sharply

Interpublic Group reported a sharper-than-expected drop in quarterly results, sending its shares down 11 percent and making it clear that the advertising industry's troubles are not yet over.
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Media moguls rethink Web advertising in downturn

The recession-fueled advertising downturn underlines the urgency of using the Web to glean data and target consumers directly, rather than blasting them with a barrage of TV-style ads, media executives say.

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