Word: analyst
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...Some markets still have further [down] to go, but we're definitely in the latter innings of the downturn," says David Goldberg, an analyst at UBS. "Even if there's another leg down, we definitely think by [late] 2010 we will have seen the bottom of housing...
...fact, Procter & Gamble, the $79 billion consumer-goods giant, is even taking a bet on the blades. The maker of mass-market products such as Tide detergent, Crest toothpaste and Ivory soap purchased the Art of Shaving in June for an undisclosed sum. P&G's move surprised some analysts, as it represented the company's first real foray into retail, which has struggled during the downturn. "You kind of wonder what they are doing here," says Linda Bolton Weiser, equity research analyst at Caris & Co. "When companies start to veer off their main focus, it often doesn't work...
...already owns Gillette, the dominant shaving brand. The Art of Shaving gives P&G yet another outlet in which to sell the Gillette blades, and perhaps give its products a more premium cachet. "This is alternative marketing, just another way to promote the Gillette brand," says William Chappell, an analyst for SunTrust Robinson Humphrey. "P&G has already done everything you can think of with traditional marketing. This isn't a core push into retail. Now, if you tell me that they are selling Tide and Pampers as well as Gillette, that's a different story." (See the worst business...
...quite clear that al-Shabab has international ambitions," says E.J. Hogendoorn, a Nairobi-based Horn of Africa analyst for the International Crisis Group. "It has an international agenda in that it sees itself in part as relating to the larger Muslim population. So when they can get away with a high-profile attack that they think will generate support, I think they will do so. The question is whether they have the capacity to do so." (See pictures of Muslims in America...
...shortly before its Jan. 2 Alamo Bowl game against Michigan State, Texas Tech has fired head coach Mike Leach for allegedly mistreating a player who received a concussion diagnosis. According to reports, Leach ordered that Adam James, son of former NFL player and current ESPN analyst Craig James, be sequestered in an equipment shed and electrical closet during Texas Tech practices in mid-December as punishment for allegedly faking the concussion...