Word: analysts
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...close this gap, companies will have to divert more money to their pension plans. UBS Warburg analyst David Bianco estimates that pension costs will make S&P 500 earnings 95¢ lower per share than they would otherwise be this year. Companies with the greatest pension shortfalls are candidates to announce a special charge, which often creams a stock. "It's perilous to assume these issues are already reflected in stock prices," Bianco warns. Pension accounting is so complex, he says, that the underfunding issue isn't fully appreciated...
...speculated thatthis could be a terrorist attack but searched in vain for any overt political message. The victims, if they were lined up side by side, would roughly resemble a random sampling of the Washington metropolitan area. They were white, black, Hispanic, Indian, male, female. There was a government analyst, a landscaper, a housekeeper, a nanny...
...Some believe the Bali bombing may galvanize her government to take stronger action across the economy. Even in the aftermath of the attack, a foreign stock analyst is steadfastly upbeat about the country's prospects. "The economy is still growing," he says during a phone conversation, "and some companies are doing very well." Just then, a voice booms over an intercom behind him. He puts the phone down to listen, then picks it back up and says: "There's a bomb scare. I have to leave my office...
...exploration in the world. On a global scale, the numbers may seem modest; total proven reserves in the Gulf of Guinea sit at 40 billion barrels, less than one-sixth of Saudi Arabia's 261 billion. But Africa is just getting started. Says Al Stanton, an Edinburgh-based oil analyst with Deutsche Bank: "The opportunities for expansion are tremendous." Driving the oil rush is Washington's search for reliable oil suppliers outside the Middle East - a search made more urgent in the wake of this month's terror bombing of an oil tanker off the coast of Yemen. European companies...
...defense analyst at the RAND Corporation in the 1960s, Ellsberg had helped to compile the extensive study, which revealed that the Gulf of Tonkin Resolution—in which Congress permitted escalated U.S. military involvement in Vietnam—had been drafted months before the North Vietnamese attacked U.S. naval vessels in the gulf...