Tag Archives: unemployment

Cisco Systems, Inc.'s Layoffs Aren’t Good News

Last week, Cisco dropped a financial news bomb. It plans to deliver pink slips to 6,000 employees. Sadly, this news shouldn’t surprise anyone who’s been watching the market for a while. Like barbecues, pools, and relaxing, lay

PowerTrend Brief: Yes, America, Your Middle Class is Getting Hit

One of the more profitable PowerTrends that subscribers to PowerTrend Profits have benefitted from , and continue to benefit from, is The Rise and Fall of the Middle Class. The Rise of the Middle Class refers to the rising disposable incomes in several markets around the world, particularly the emerging markets. As

MT Insider: Blackberry Slides While Apple Rises in Early Market Trading, US Economics Weekly Preview

According to multiple sources, Blackberry ( BBRY )’s co founder, Mike Lazaridis, has reached out to Private Equity firms including Blackstone ( BX ) and Carlyle Group ( CG ) to explore a possible bid over the weekend. Prior