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...Employees at these firms are as close to being "safe" from being thrown into the job market as almost anyone in the country...
...Apollo (APOL) is a large education company almost no one has heard of. The firm has a stock market value of $12 billion and had sales of $970 million last quarter. Its operating profit on that was $307 million, so the company has obscene margins. In the last year, Apollo's shares were up almost 30%. While Apollo may not be well-known, it largest division, the University of Phoenix, is well known because it is the largest private university in the country. As people find that they need new skills to find work, Apollo is in a position...
...this year. Altria recently bought another tobacco company,UST and the company has set layoffs because of the acquisition. However, Wall St believes that "sin stocks" tend to dodge downturns well. In the last quarter, the company made $1.1 billion on $4.7 billion in sales. Altria has almost $8 billion in cash and a business which is, compared to most, smokin...
...simply because the economy is weak. Amgen expects to bring in $15 billion in revenue this year, about flat with 2008. Amgen has several products in trials and some show enough promise to help push new product revenue up significantly over the next two or three years. Amgen has almost $10 billion in cash and every reason to push for market share while large drug companies are on the ropes...
...criminal trial underway in Sweden is testing a very American notion: that artifacts that carry a copyright should not simply be lifted or stolen - that their use requires permission and compensation. That definition of intellectual property may appear almost quaint in these days when it is easy to find almost anything on the Internet and just as simple to download. But the founders of ThePirateBay.org - three geeky Swedish would-be cultural revolutionaries who were funded in part by user donations - are in the process of finding out whether they face prison time for facilitating that process for their users...