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米CATV大手コムキャスト、加入者獲得でライバルをリード
Comcast Outpaces Phone Rivals In Battle for New Customers (WSJ.com)
Cable-TV giant Comcast Corp. calmed concerns about competition from phone companies by reporting strong sales of its video-phone-Internet packages and higher second-quarter profits.
While competition from phone and satellite-TV companies caused a slight dip in Comcast's video customers, the company posted healthy subscriber gains in both phone and Internet services, albeit at a lower pace than the year-earlier period. Comcast's results contrasted with the latest reports by AT&T Inc. and Verizon Communications Inc., which both posted accelerating losses of landline phones and weak sales of Internet services.
The results suggest that Comcast, the biggest U.S. cable operator by subscribers, saw ...
to calm concerns about: ～への懸念を鎮静化させる
subscriber: 加入者（の）
米グローバル化による失業者対策、金融大手が220億ドル支援策を提言
Displaced-Worker Aid Is Proposed (WSJ.com)
A policy paper commissioned by the chief executives of the nation's largest financial-services companies recommends a huge expansion in programs to assist workers displaced by international trade, with the $22 billion price tag financed through tax increases.
The paper (the Financial Services Forum paper), written by a bipartisan group of economists, calls for providing additional help to more workers as a way to defuse tensions over trade. Its authors argue that protectionist proclivities can be mitigated by providing more assistance to workers on the losing end of globalization.
But its recommendations go beyond helping just those whose job losses stem from trade and instead propose an expansion of training and cash benefits for all workers who qualify for unemployment insurance. Among its recommendations: making up lost wages for workers 45 and older, continuing health benefits for displaced employees and allowing unemployed workers to tap retirement-savings accounts without tax penalties.
Financial Services Forum: 金融フォーラム（の）、米21金融機関により構成される協会組織
displaced employee: 離職者
米GM、有給職を15％削減へ
GM to Cut 15% of Salaried Jobs (WSJ.com)
DETROIT -- General Motors Corp. is looking to cut its U.S. salaried headcount by 15%, or around 5,000 workers, by Nov. 1 as part of a plan to trim $10 billion in annual expenses, according to people briefed on the plan.
The auto maker previously said it was planning a 20% reduction in salaried-worker costs, including a combination of benefit reductions and job cuts.
GM hopes to convince workers to leave voluntarily by offering early retirement incentives rather than forcing layoffs. The company is expected to soon roll out offers to workers that will include both cash incentives and the chance for some to leave the company early with full pension benefits.
U.S. salaried headcount: 米国内の給与所得者数
early retirement incentives: 早期退職に対する手当
米スターバックスの４－６月期、赤字転落 09年度に大幅な経費削減を見込む
Starbucks Swings to Loss, Sees Significant Savings Ahead (WSJ.com)
Starbucks Corp. swung to fiscal third-quarter loss reflecting weak U.S. store traffic and costs related to the coffee-shop chain's effort to revive profit growth.
The slip in traffic prompted Starbucks to cut its fiscal 2008 guidance and it said it is taking a more conservative approach to store expansion.
But the company also said it expects to save $200 million to $210 million from the restructuring in fiscal 2009, prompting a relatively upbeat outlook for the year.
to cut one's fiscal 2008 guidance: 08年度決算予想を下方修正する
to take a more conservative approach to: ～に対しより保守的になる
米FRB、大手証券向け緊急融資を延長 十分な流動性を供給
Fed Extends Emergency Lending Amid Continued Credit-Market Stress (WSJ.com)
Facing continued strains in credit markets, the Federal Reserve said Wednesday it is extending its emergency lending to investment banks through January and expanding several other direct-loan programs created over the past year.
The moves are a recognition of the fragile conditions in financial markets that may continue into next year. The troubles are threatening to exacerbate the credit crisis and restrain the overall economy despite a series of deep interest-rate cuts and other aggressive moves since last September.
The central bank said in a statement that the steps are designed "to enhance the effectiveness of its existing liquidity facilities." ...
fragile condition: 脆弱さ
a series of deep interest-rate cuts: 度重なる大幅な利下げ
米住宅公社支援を含む法案、大統領が署名 公的資金注入が可能に
Bush Signs Housing, Economic Recovery Bill (WSJ.com)
WASHINGTON -- President George W. Bush early Wednesday signed into law the government's most aggressive effort to combat the country's housing crisis, ending months of sometimes bitter fighting over the best way to curb foreclosures and calm financial markets.
The bill will give Mr. Paulson the authority to boost Fannie and Freddie's temporary line of credit and allow the agency to purchase equity in the firms. Both measures are aimed at easing worries that Fannie and Freddie, stung by bad mortgages, are running low on capital.
The bill also includes an increase in the federal debt limit to $10.6 trillion and a $300 billion program to refinance loans for struggling borrowers.
to curb foreclosures: 差し押さえを防ぐ
to ease worries: （that以下）という不安を軽減する
米SEC、空売り規制を延長 恒久化と規制対象銘柄の拡大は否定
SEC Extends Short-Selling Rules (WSJ.com)
The Securities and Exchange Commission voted to extend the temporary rules it put in place to restrict short-selling of a handful of financial stocks.
The SEC commissioners didn't take additional steps opposed by Wall Street to expand the number of stocks affected by the rules or make them permanent.
The temporary rules were set to expire Tuesday, and the SEC extended the order on the 19 stocks until Aug. 12. It won't be extended beyond then.
temporary rule: 一時的な規制
米ビザの４－６月期、純利益41％増 来期以降の見通しを変更せず
Visa Backs Outlook as Net Jumps (WSJ.com)
Visa Inc.'s fiscal third-quarter net income rose 41% on higher payment volumes and processed transactions as the credit-card transaction processing giant also reaffirmed its three-year outlook for annual revenue and earnings growth.
"Despite a challenging economic environment in the United States and a softening in traditional credit card spending, the strength of Visa's debit business drove solid growth in the region," Chief Executive Joe Saunders said, adding that double-digit increases in payments volume and transactions are "further proof of the resiliency of our network business model."
For the quarter ended June 30 -- its second as ...
credit-card transaction processing giant: クレジットカード決済処理の大手
double-digit increase: 二桁の増加
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