WSJ By The Numbers - Top 10 for Oct.27

A compendium of revealing stats and the key leading economic indicators and business metrics based on today's Wall Street Journal article and reports:

Microsoft Gets Boost From Xbox Sales: Microsoft's profit ($3.48B) and revenue ($10.8B) both rose 11% in its fiscal first quarter. For the full year, Microsoft forecast revenue in the range of $50 billion to $50.9 billion.  


Microsoft expects to ship 10 million Xbox 360 consoles by the end of this year and between 13 million and 15 million by the end of Microsoft's fiscal year.

Housing Decline Sparks Slowdown In Construction: McGraw-Hill Construction forecasts that the value of new construction in U.S. will decline 1% in 2007 to $668 billion, the first decline in overall construction spending since 1991. This is compared with an expected rise of 1% for 2006 and a 12% increase in 2005. McGraw-Hill said the anticipated decline was due mostly to a 5% fall in construction of single-family homes. But the overall drop also reflects a 3% slide in construction of stores and shopping. U.S. home prices rose an average of 58% in the five years ended Dec. 31, according to an index produced by the Office of Federal Housing Enterprise Oversight. 


Results at Exxon, Shell May Augur Growth Slowdown: Exxon Mobil reported 3Q net income of $10.49 billion, up 5.7% from a year earlier while Shell reported $5.94 billion in third-quarter net income. Exxon's  capital-and-exploration spending was $5.06 billion in the third quarter, up 15% from a year earlier.

3Q Income

Business Donors Hedge Their Bets: The Center for Responsive Politics this week predicted record-breaking spending on a midterm, exceeding $2.6 billion.


Nintendo Net Jumps 48% On Sales of DS Game Player: Nintendo, which competes with Sony and Microsoft in the near-$30 billion videogame industry, and known for game characters such as Mario, Donkey Kong and Pokemon, posted a group net profit of 54.35 billion yen ($456.6 million) for the six months ended Sept. 30. Sales of the Nintendo DS rose to 10.09 million units in the six month period, up from 3.57 million a year earlier. The company expects to sell 20 million of DS units this fiscal year. 

Nintendo DS

Bill Ford Jr.: For Auto Makers, China is the New Frontier: Ford plans to cut nearly 58,000 jobs in the U.S. and Canada -- about 40% of the total on the payroll at the end of 2005. Ford says it will shutter nine factories in North America by the end of 2008, and another seven factories by the end of 2012. Ford expects to buy $2.6 billion to $3 billion worth of auto parts in China this year for use in its assembly operations in the U.S., Europe and elsewhere.

Ford Job Cuts

Web Domain for Sale In Really Hot Locale: Takes Bids: sold for about $12 million earlier this year and sold for $7.5 million. fetched $7.5 million in 1999. 


At Chinese Banks, Change Is Slow: China's  Industrial & Commercial Bank of China (ICBC), has raised $21.9 billion in the world's larget IPO. The deal's overall demand was about 20 times the number of shares. The shares jumped 17% as trading opened in Hong Kong. Individual deposits in China's banking market total $1.9 trillion. In the past 14 months, three of China's biggest banks, including China Construction Bank and ICBC, have sold more than $50 billion of stock.

China Bank Deposits

Europe's Well-Oiled Machine: So far this year, mutual funds sold to Americans that focus on shares of European companies are up about 23%, on average, compared with about 10% for the average U.S. stock fund, according to Morningstar. The average diversified foreign-stock fund has more than 40% of its money in European stocks, according to funds' most recent portfolio reports to Morningstar.

Fund Returns

Money-Fund Assets Fell in Week: Money-market mutual-fund assets decreased by $7.72 billion to $2.254 trillion in the week ended Wednesday, according to the Investment Company Institute. Assets of the 877 retail-class shares decreased by $1.57 billion to $933.31 billion, while assets of the 1,139 institutional-class shares decreased by $6.15 billion to $1.320 trillion. 

Money-Market Funds

WSJ By The Numbers - Metrics 2.0

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