Word: analysts
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...swimsuit they like in the chain's colorful catalog, then go to landsend.com to order it by simply punching in the product number. Nearly 20% of those who shopped at the website during the last two months of 2001 used this catalog-linked "quick order" feature, reports NetRatings senior analyst Dawn Brozek. Lands' End is an innovator in other online features, including a "virtual modeling" function that lets shoppers build a 3-D screen image of themselves and "try on" items. Online orders accounted for more than $300 million of its $1.6 billion in sales last year, and are growing...
...gearmakers like SONICblue, whose RioRiot is the nation's top-selling player, is to fend off Sony, Panasonic and Samsung. As these giants muscle in and as component costs fall, price wars will pressure smaller firms. "It remains to be seen if a SONICblue can sustain its brand," says analyst Susan Kevorkian of tech-research firm...
E.ON isn't openly in talks with anyone yet, but speculation centers on companies that are located near LG&E. J.P. Morgan Chase utility analyst Pierre Stiennon says to look for a deal with Cinergy, based in Cincinnati, Ohio; Allegheny Energy in Hagerstown, Md.; or PPL of Allentown, Pa. All three companies produce and sell power on the wholesale market and also serve a large base of regulated retail customers. Hartmann is known as a careful shopper. When he explored a U.S. acquisition as CEO of Veba, the man on the other side of the table was Enron's Jeff...
...producers canceled an estimated 33% of the power projects on the drawing board for this year, according to Platts, an energy-industry research service based in New York City. "You'll pretty much see the power-plant cycle stopping dead in its tracks," says John Olson, an energy-industry analyst at Sanders Morris Harris in Houston. Selling off some assets may strengthen the power companies' balance sheets, but it's still unclear whether this will be enough to stave off a power-capacity shortage in the next three or four years, when those canceled power plants would have been coming...
Soho means chic in China these days, thanks to Beijing Redstone Industrie, a real estate firm owned by Chinese-born Pan Shiyi, 38, and his wife Zhang Xin, 35, a Cambridge-educated former Goldman, Sachs investment analyst. Condos in the company's debut project, Soho New Town, a sleek development, enjoyed sizzling sales among Beijing's burgeoning capitalist class despite prices of $241,000 to $422,000. Asian papers report that the travel-loving duo hopes to go public this year to fund construction of a hotel near the Great Wall, villas on Hainan island and more Beijing condos...