Word: analysts
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...Starbucks's stock, which has fallen more than 50% in the past two years, rallied in early-morning trading. Investors liked the announcement, which replaced an earlier, less-aggressive plan to shutter just 100 shops. "The first step is admitting you have a problem," John Glass, an analyst at Morgan Stanley, wrote in a research note. He estimated that closing the 600 stores could boost U.S. operating margins by at least 1 percentage point...
...well-aimed Hellfire missile, will get you a dead terrorist leader. Close watchers of the al-Qaeda terror network find such reports inherently unreliable. "It's trying to make a diagnosis from thousands of miles away with only fragments of the medical chart," says Paul Pillar, former top analyst and deputy director of the CIA's counterterrorism center, who now teaches at Georgetown University. Says Frances Fragos Townsend, who stepped down last November as chief of President George W. Bush's Homeland Security Council, "I've read all the same conflicting reports [on bin Laden's health] that people have...
...with a need to assure Florida's large number of independent voters that he and McCain are on the same page, Crist's stances are being scrutinized almost as closely as the Republican nominee's. "People now see a causal linkage [to McCain] in everything he says," notes political analyst Susan MacManus of the University of South Florida in Tampa...
...Reliance Industries Ltd., another massive conglomerate owned by Anil Ambani's even richer brother Mukesh), gets an entry into Hollywood and some of the biggest names in the business. "If they [Reliance] identify a particular segment as high-growth they go all-out for it," says Smita Jha, an analyst at PricewaterhouseCoopers (PWC). "This has as much to do with the way Reliance does business as it does any overall industry trend...
...Salter, deputy chairman of Walpole, the British luxury brands trade association that collaborated on the study. Chi-chi brands also worry the web is more hoi polloi than haute couture. "Some feel they might be perceived as an Amazon or an Ebay," says Victoria Bracewell-Lewis, a Forrester senior analyst. "But the opposite is true. A well-run digital channel can only enhance their image...