Word: analyst
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...reasons that GDP did so poorly is that capital expenditures fell at an annual rate of 38%. A fair portion of that drop was due to slow activity in the housing market. Recent figures on home sales should cause any capable analyst to believe that housing will not be a source of any hope for a recovery...
Another popular argument against bondholders is that they made bad investment choices, so their steep losses are well deserved. But union leaders in Detroit negotiated the richest benefits packages of any industry - GM's health-care outlays grew so big that one Wall Street analyst dubbed the company "an HMO on wheels" - and that played some role in the declining competitiveness of GM and Chrysler. Don't the autoworkers and their union leaders bear some responsibility for that...
...Technologies in 2006 in a move intended to grow market share, but it has since axed from payroll 17,500 employees, including its ousted American CEO, Patricia Russo, in what has turned into a restructuring and cultural nightmare. "There are no bronze medals in the telecom-equipment market," says analyst Duncan Stewart of Toronto-based DSAM Consulting. He says Silicon Valley's Cisco Systems and Sweden's Ericsson have the biggest market share, fattest margins and most cash to see them through this downturn...
...lodging companies are taking hits: Starwood Hotels & Resorts Worldwide reported a 48% decline in revenues from its vacation-ownership business in the fourth quarter, with the average price per unit plunging 31%. Similarly, Marriott International posted a 32% revenue drop in time-share sales. David Loeb, a senior analyst at Robert W. Baird & Co., sees more pain ahead. He projects Starwood's vacation-ownership sales revenues to fall an additional 27% and Marriott's an additional...
...Modi as a maut ka saudagar - a merchant of death. Riding on outrage, Modi won re-election in Gujarat for a third term as Chief Minister. "Gujarat is one state that has been very touchy about Modi and anything written or spoken about him," says Mumbai-based poll analyst Jai Mrug, adding that Gandhi's remark rejuvenated the Hindu vote in the state in favor of the BJP. "The [electorate] will see the present court ruling as an attempt by the central government to malign Modi and reduce his chances of being Prime Minister in the next general elections...