Some important company annual returns and what they’re saying about the world economy

It’s earnings reporting season in the USA right now, and some of the earnings being reported provide interesting insights into the way the recession in the US is interacting with other disruptive forces to change the world of work. Business Insider ran a feature on this earlier this week. You can read the full details at their site, or just get the headlines below:

  • McCormick: Europeans are eating at home to save money
  • ConAgra: Consumers are being frugal at the grocery store and are eating more leftovers
  • Family Dollar: Consumers are actually buying more food at dollar stores
  • Lennar: The US housing market has hit bottom
  • Discover: People are paying off their credit cards on time
  • CarMax: Customer credit quality is starting to deteriorate again
  • Carnival: People are still taking vacations, but they’re buying them at a discount
  • Walgreen: Online sales are booming, but hurting profit margins
  • Red Hat: Businesses are actually beginning to shift to the cloud
  • Paychex: Payrolls growth slowed, but was better than expected
  • Adobe: Big data and predictive marketing are starting to develop
  • Oracle: The app economy is really taking off
  • Nike: Chinese growth has significantly decelerated
  • FedEx: Businesses are trading down to save money
  • Accenture: Clients are starting to invest in tech improvements to boost profits
  • Monsanto: The corn and seed business is exploding in Latin America
  • Jabil Circuit: Big businesses are waiting to make their big enterprise expenditures

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