Finance set to surpass tech as most-profitable U.S. industry

Finance Latest News: Jake Gyllenhaal Steps Out With His Ladies!

earnings growth that, without it, corporate profits would be seen declining 3.2% in the second quarter compared with a year ago. Even including financial services, profit growth of the S&P 500 companies is expected to come in at a tepid 0.4%. But even that’s better than the outlook for tech-sector profits, which are expected to drop 8.3% in the second quarter, according to Zacks, following a drop of 4.2% in the first quarter. Technology also has been hurt by a sharp drop in PC sales, which have depressed earnings at giants such as Dell and Hewlett-Packard, as well as at their component suppliers, including chip giant Intel. Despite all the gloom profits in the tech sector are expected to fall 6.3% in the first half Wall Street analysts still remain optimistic regarding its prospects this year.

dell

Keith Bush — SVP, Finance. Keith will be responsible for the Financial Planning and Analysis group and working with the division finance groups to coordinate overall financial planning functions. Keith will also be responsible for leading the airlines insurance and risk management group. Keith is currently US Airways SVP, Finance. Mike Carreon VP, Corporate Controller.

Strauss-Kahn Re-emerges in Finance, in Russia

Evans declined. Mr. Strauss-Kahns appointment appears baffling if the intention is to raise the confidence of foreign investors in Rosneft, said one banker in Moscow who spoke only anonymously. The banker added that an American company might think that because of his sexual reputation he is actually a liability. Last year, Mr. Strauss-Kahns lawyers negotiated a confidential settlement with Nafissatou Diallo, the hotel maid who had accused him of sexual assault in 2011.

Finance executives also named Monday for new American

Markets closed YOUR FRIENDS’ ACTIVITY Remind me when I share | Not you? Log out of Facebook How to remove this experience Finance Latest News: Jake Gyllenhaal Steps Out With His Ladies! Link 6 hours ago, Wochit Jake Gyllenhaal is no longer hiding his affection for model Alyssa Miller after first being linked together last month. The two were spotted out in NYC holding hands like a real, bonafide couple while they strolled around the city with HIS MOM! But we’re guessing his momma didn’t feel like a third wheel because his pup joined them all for the stroll.

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