Word: analysts
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...critics who say that even that is too many and that McDonald's needs to weed out the worst franchisees and shut down some of the underperforming restaurants. "They've stretched the store managers. There are 1,000 of them that are marginal at best," says Howard Penney, an analyst at SunTrust Robinson Humphrey, who thinks McDonald's should close 500 to 1,000 branches. "They have to stop growing...
...critics who say that even that is too many and that McDonald's needs to weed out the worst franchisees and shut down some of the underperforming restaurants. "They've stretched the store managers. There are 1,000 of them that are marginal at best," says Howard Penney, an analyst at SunTrust Robinson Humphrey, who thinks McDonald's should close 500 to 1,000 branches. "They have to stop growing...
...people suspected of involvement in al-Qaeda or other terrorist groups have been arrested. European governments--some of which were aggressively dismissive of the terrorist threat a year ago--are now actively involved in the crackdown. They've done a "fantastic job," says Magnus Ranstorp, a terrorism analyst at the University of St. Andrews in Scotland, "unearthing cells, sharing intelligence, doing pre-emptive arrests and raids." An American diplomat in Europe adds that law-enforcement authorities in Southeast Asia are cooperating with the U.S. far more than before. "The effort worldwide and in Afghanistan," the diplomat says, "did a better...
...terrorists could well launch new attacks on American interests--one reason Tenet has warned that U.S. military installations are at risk not just in obvious places like Pakistan and Afghanistan but also in East Africa, Israel, Saudi Arabia, Turkey and beyond. Back home, says Roland Jacquard, a French terrorism analyst, the graduates of the camps "won't be plotting attacks in the heart of America, but they now feel they can attack America in their own backyards." Most terrorist acts in 2002--the bombings of a mosque in Tunisia, of a bus full of French contract workers...
...package in time global business included a feature about Haier, the leading appliance maker in China and sixth largest in the world, with revenues growing 49.7% in 2001, to $7.4 billion. But Haier's halo is slipping. In July the company sued Yicong Chen, 25, a Beijing-based securities analyst for a government-owned company who had written a critical research report. Haier then announced a 45% decline in first-half profits, largely because of weak sales of air conditioners--a segment that Chen's report covered. Chen nonetheless agreed to a court-supervised apology for the "distorted content...