Search

Presents information on computer softwares for tax-preparation. Drawbacks of the software TaxCut, developed by tax attorney Daniel Caine; Utility of the computer software Personal Tax Preparer by Parsons Technology Inc. for budget-conscious taxpayers; Prices of the softwares Personal Tax Preparer, TaxCut and TurboTax.

Summarizes the findings of Business Week magazine's 1993 list of the 1000 most valuable companies according to market value. Rise in combined profits and sales; Corporate revival; Surge in selected firms' market values; Firms whose market value declined; Initial appearance of health-care companies in the list; Healthy returns of the banking industry; Biggest gainer and loser; Electric utilities; Cereal industry.

Reports on the performance of business corporations for the second quarter of 1993. Earnings; Comparison with first-quarter earnings; Winning and losing companies; Automobile industry; Disappointments; Optimism of economists; Possible implications of weakness of Japanese and European economy on American exports.

The article reports that Oracle Corp. is recovering its demand as people of the U.S. are spending more on computer softwares. Oracle is reported to discuss its proposed 7.4 billion dollars acquisition of Sun Microsystems Inc. The company has acquired almost 54 companies in the last five years including the takeover of PeopleSoft Inc., which is stated to have doubled its sales and made Oracle, a one-stop software shop for business customers.