Word: analysts
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...hardball tactics of the government could be a deterrent to new foreign investors. Still, with fewer and fewer new oil deposits being discovered, the Caspian is alluring. "Perhaps Kazakhstan is so rich in resources that some companies will always want to be there," says Julia Nanay, a senior analyst at Washington-based PFC Energy. Only last week ENI announced that the consortium had discovered a fifth promising field on its patch of the Caspian. For the oil industry, Kashagan is looking like the best game in town - and the Kazakh government seems to think it holds a winning hand...
...world when he sold his name to J.C. Penney and launched a less expensive collection. Next month Oscar de la Renta will introduce a new moderate line, O Oscar, that will retail for less than $100. "We're certainly going to see more of this," says Marshal Cohen, chief analyst for NPD Group, a trend-tracking firm. "I wouldn't be surprised if we saw the Limited doing something like this. Lots of stores want to get into this midmarket...
...along the Afghan-Iranian border and negotiated his surrender over three days. U.S. officials doubt al-Harbi has a great deal of useful information. "He was a confidant and spiritual sounding board for bin Laden," says one, but no al-Qaeda operative. The Saudis are more optimistic. Saudi security analyst Nawaf Obaid tells TIME that al-Harbi, who is cooperating, was a "very successful recruiter" for al-Qaeda and could have the goods on as many as 100 Saudis he is thought to have enticed into bin Laden's service...
...from Coca-Cola and PepsiCo. Earlier this year, Splenda was okayed for sale in the European Union. Tate is spending $30 million to expand its sole Splenda plant, in Alabama. The potential catch: many Splenda users are converting from real sugar--Tate's main business. Says Charlie Mills, an analyst at Credit Suisse First Boston in London: "People are forgetting how much of Tate's other business can be threatened by this." --By Barbara Kiviat...
...cost the economy well over $7 billion. It dented U.S. imports for months and ended in the dismissal of 19,000 PDVSA employees, half the company's work force. Though Rodriguez insists that PDVSA is pumping more than its prestrike level of 3.1 million bbl. a day, analysts say the company is barely reaching 2.5 million bbl. a day. "The market," says a U.S. oil analyst, "is watching Ali Rodriguez perhaps more closely than any other oil executive in the world right...