I have said it before the balance sheet is the heart of any company. If it is strong, it can withstand almost anything. If it weak or weakening, then even minor events can send it into a tailspin. When you combine a weakening balance sheet with a irrational stock price, the results can be a breathtaking fall. I want to look at salesforce.com, inc (NYSE:CRM) balance sheet today. Here it is: Notice the huge jump...
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Delta Air Lines, Inc. (NYSE:DAL) announced Friday that it will cease the operations of Comair, its 35-year old regional carrier by the end of September due to higher maintenance costs. According to Delta Air Lines, Inc. (NYSE:DAL), due to higher fuel prices these days, it is more expensive to operate the smaller regional planes. Its maintenance is also more expensive because the carriers are older. During the past seven years, Comair’s fleet, flights and workforce was reduced....
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