Archive for April, 2009
El Pollo Loco is offering free chicken at El Pollo Loco locations from 9 a.m. to 8 p.m. on Tuesday.
Customers who ask to “Taste the Fire” will be given two free pieces (leg and thigh) of El Pollo Loco’s citrus-marinated, flame-grilled chicken plus two tortillas and fresh salsa. No purchase will be necessary.
All 400 El Pollo Locations nationwide (excluding Universal Studios Hollywood) are participating. Santa Clarita Valley locations include 26930 Sierra Hwy., Santa Clarita, 24365 Magic Mountain Parkway, Valencia, 24805 Pico Canyon Road, Newhall, and 31783 Castaic Road, Castaic.
“Google had a good quarter given the depth of the recession — while revenues were down quarter over quarter, they grew 6% year over year thanks to continued strong query growth. These results underline both the resilience of our business model and the ongoing potential of the web as users and advertisers shift online,” said Eric Schmidt, CEO of Google. “Going forward, our priority remains investing for the long term to drive future growth in our core and emerging businesses.”
Q1 Financial Summary
Google reported revenues of $5.51 billion for the quarter ended March 31, 2009, an increase of 6% compared to the first quarter of 2008 and a decrease of 3% compared to the fourth quarter of 2008. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the first quarter of 2009, TAC totaled $1.44 billion, or 27% of advertising revenues.
Source:http://finance.yahoo.com/news/Google-Announces-First-bw-14949372.html
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Last week the market staged a nice rally and it briefly poked above the 100-day moving average--remarkably finding the silver lining in every dismal economic report. The Fed, Treasury, FASB and SEC have all been busy in the last month. Traders do not want to go home short because they don't know what news might change the landscape when they turn on their computers Monday morning. They didn't go home short today and this rally lasted right into the close. The Fed has lowered the Fed Funds Rate to zero and it plans to keep interest rates low even if it means buying US Treasuries. The Treasury Department has been busy with bailouts and stimulus plans of all sorts. Recently, they devised a plan to purchase toxic assets from banks to free up capital. FASB relaxed mark to market regulations and that instantly improved bank balance sheets. This week the SEC reinstated the uptick rule and is considering other short-selling circuit breakers. From the 12-year lows made a month ago, the market has rebounded sharply. In today's chart you can see that it is above horizontal support and it has moved above the 100-day moving average. A new relative high has been established and each of the pullbacks has been very short-lived. Bears are running for cover and a major short squeeze is underway. This rally will likely continue next week. Today, Wells Fargo surprised the everyone by pre-announcing excellent earnings. The company estimated a $3 billion profit during the first quarter of this year and it expects EPS of $.55. Next week, we will hear from the strongest of financial stocks. Goldman Sachs, J.P. Morgan and General Electric will release earnings. Goldman Sachs has a history of surprising to the upside. J.P. Morgan has weathered the financial crisis better than any of the other major banks. GE stated two weeks ago that if the Fed's 2009 economic forecast holds true, GE Capital will make money this year. Any sustained rally must start with the financial stocks. The spread between borrowing and lending rates has never been better and banks should be making money hand over fist. Before we get too excited, it's important to remember that massive write-downs lie ahead. It will take many years of profitability to overcome the toxic assets they have created. Nevertheless, signs of improvement are showing up and they are critical to the economy. Businesses might finally regain much needed lines of credit. Today's rally should continue right into the closing bell. This is clearly good news and shorts are covering. The market is near a one-month high and option expiration buy programs will add a bullish bias to the market next week. Bears don't dare to short financial stocks ahead of earnings releases after Wells Fargo's announcement today. If the momentum establishes itself early next week, I believe we could rally up to SPY 92. We will also hear from Intel, Google and Johnson & Johnson next week. Dismal earnings are already factored into Intel's number and if anything, we could see a rally in the stock on positive guidance. Google has been able to post good numbers and we expect the same next week. Johnson & Johnson has been profitable, but shares have been beaten down on concerns that healthcare reform will impact future income. The actual release should be positive for the stock. Next week is littered with economic releases. We don't want to downplay them, but the market has been able to rally in the face of dire news. This morning, initial jobless claims dropped 20,000 from last week's number. The unemployment rate continues to climb and 5.83 million Americans continue to draw unemployment benefits. This is the highest number ever. The market shrugged off weak durable goods orders, a decline in GDP and a horrible Unemployment Report. There's no reason to think that CPI, PPI, the Beige Book or the Philly Fed will be able to suppress this rally next week. This morning, retail sales also added fuel to the rally which is surprising because there isn't much to cheer about. Many stores beat lowered estimates but the results are still very weak. This rally has legs and retail, restaurant and commodity stocks all look good. However remember that this is a bear market rally and that you need to temper your optimism. Our government is $11 trillion in debt and it has not started financing the trillions of dollars it needs for the proposed bailouts and stimulus plans. The unemployment rate continues to surge and we are not out of the woods. Trade this rally, but be cautious and take profits! To your success Andy Huang
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Dear Amazon Associate:
We’re writing to let you know about a change to the Amazon Associates Program. After careful review of how we are investing our advertising resources, we have made the decision to no longer pay referral fees to Associates who send users to www(dot)amazon(dot)com www(dot)amazon(dot)ca, or www(dot)endless(dot)com through keyword bidding and other paid search on Google, Yahoo, MSN, and other search engines, and their extended search networks. If you’re not sure if this change affects you, please visit this page for FAQs.
As of May 1, 2009, Associates will not be paid referral fees for paid search traffic. Also, in connection with this change, as of May 1, 2009, Amazon will no longer make data feeds available to Associates for the purpose of sending users to the Amazon websites in the US or Canada via paid search.
This change applies only to the Associates programs in North America. If you are conducting paid search activities in connection with one of Amazon’s Associates Programs outside of the US and Canada, please refer to the applicable country’s Associates Program Operating Agreement for relevant terms and conditions.
We appreciate your continued support and participation in this advertising Program. If you have questions or concerns, please write to us by using the Contact Us form available on Associates Central.
Sincerely,
The Amazon Associates Program
Amazon is shutting down its affiliate program for PPC marketer, and this certainly will impact many of the affiliates who were riding the riches promoting amazon products.
If you are still doing PPC, make sure you maximize your effort before May 1sst as you have less than 3 weeks to continue receiving payment of your PPC effort with Amazon Associates Program.
Andy





