Weekly Review Quiz as of 2009-05-07
Economics: Micro
Disney Profit Falls Sharply But Clouds are Parting
by Peter Sanders
05/06/2009
http://online.wsj.com/article/SB124155509545888713.html
1. Walt Disney Co.’s quarterly profit
* a) fell sharply, and the company is seeing signs that its economic situation is stabilizing.
b) fell sharply, and the company is seeing signs that its economic situation will continue to fall.
c) rose dramatically, and the company sees signs that it will continue to do so.
d) rose dramatically, and the company sees signs that its economic situation will plummet.
e) has stabilized, and the company sees signs that its economic situation will continue to be unchanged.
Getting Sirius: Satellite Radio Broadens Reach
by Sarah McBride
05/06/2009
http://online.wsj.com/article/SB124156947988489865.html
2. Sirius XM Radio Inc. has promised to launch a new Sirius iPhone application. By doing so, Sirius
* a) appears to be tacitly conceding that the satellite-delivery system that once was cutting edge now has competition far beyond what its founders imagined.
b) will be paying Apple handsomely for the rights to place its application on the iPhone.
c) has demanded exclusive rights from Apple to be the only satellite or Internet company that sells music and talk radio through the iPhone.
d) all of the above.
e) none of the above.
Ford Brings New Car Focus to Small-Car Market
by Matthew Dolan
05/06/2009
http://online.wsj.com/article/SB124156986367389899.html
3. Ford Motor Co. is converting its Michigan truck plant, which in its heyday generated up to $3.7 billion a year in profits building SUVs, to produce
a) crossover vehicles.
b) Mustangs.
c) electric cars.
d) convertibles.
* e) compact cars.
Google, Apple Scrutinized by the FTC
by Jessica E. Vascellaro and Yukari Kane
05/05/2009
http://online.wsj.com/article/SB124149161449086315.html
4. The Federal Trade Commission is looking into whether the overlap of directors of the following two companies violates antitrust laws:
a) Apple Inc. and Microsoft Corp.
b) Microsoft Corp. and Sun Microsystems Inc.
* c) Apple Inc. and Google Inc.
d) Sun Microsystems Inc. and Intel Corp.
e) Microsoft Corp. and Intel Corp.