Word: analysts
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...JetBlue's ability to stay union-free is critical to its survival as a low-cost carrier. The industry's labor-relations record is famously toxic. "But if there is anyone who realizes the importance of treating their employees right, it's the management team at JetBlue," says airline analyst Holly Hegeman, the editor of planebusiness.com...
...Jordan isn't returning to lose, to play for the sake of playing, to get schooled by Kobe Bryant, Tracy McGrady or Allen Iverson. "I'm sure he thinks he can win. Because he walked away healthy. Everybody else limps away," says NBC analyst and NBA Hall of Famer Bill Walton, who played until he was 35. "Basketball is a young man's game and always will be. But when you're really great, you believe you can do anything...
Many disagree with the USGA's stance, from Wall Street analysts to Scotland's Royal and Ancient Golf Club of St. Andrews, the governing body for the sport throughout the world, which okayed the club. Says A.G. Edwards analyst Tim Conder to the USGA: "Hey, guys, wake up and focus on growing the game...
INITIAL PUBLIC OUTRAGE It's open season on stock analysts. Merrill Lynch last week prohibited its analysts from owning equity in companies they cover, and the SEC recently issued an alert, cautioning investors that investment banks' brokerage interests potentially compromise their researchers' independence. Investars.com an information service, illustrates that potential: its models show that in the past four years stocks bought and sold based on analyst recommendations have dropped 52.4% when analysts' firms underwrote the IPO and 4.6% when they didn...
...Italy's second electricity company," says Andrea Gilardoni, professor of utilities management at Bocconi University in Milan. The sight of Mediobanca on the ropes has some investors wondering if the bank itself might soon become a takeover target, or be forced to merge with an ally. Marco Tacconis, an analyst for Schroder Salomon Smith Barney in London, says there's little chance that Mediobanca will be around - at least in its current form - a year from now. Among the prizes for a suitor: Mediobanca's key stake in the insurer Generali. So is this the great opening...