Word: analysts
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...private he doesn't have to. BGC, because it is publicly traded, does have to release its results, and officially that division lost $30 million. But exclude a one-time charge, and BGC profits come in at $105 million in 2008, up from $58 million in the year before. Analyst Michael Adams who follows BGC for brokerage firm Sandler O'Neill says there are a number of factors that should boost the trading of Treasury bonds, which is good for BGC. He rates BGC shares...
Citigroup chief financial officer Ned Kelly was trying to explain an aspect of the bank's better-than-expected first-quarter results on Friday morning when star analyst Meredith Whitney interrupted him. "Could you dumb that down for me?" she asked...
...violence it brings - and may in fact trigger a surge in bloodshed. "When a capo comes down there is a fight to substitute him," says Francisco Thoumi, an expert and author of several books on the political economy of the drug trade. Says Adam Isaacson, a Colombia analyst at the Washington-based Center for International Policy: "Don Mario had important control over cocaine production and drug trafficking routes, and now they're all up for grabs." (See pictures from the narco underworld in Medellin and beyond...
...nothing would send out the wrong message entirely. But those companies also know that legal action alone isn't going to strangle piracy. "The end of this year will be the 10-year anniversary for music industry legal suits against file sharing networks," points out Mark Mulligan, London-based analyst at Forrester Research. "Throughout that time, file sharing has grown, and grown and grown." The shutdown of Napster in 2001 didn't prevent Kazaa becoming even larger; and Kazaa's subsequent demise has hardly hindered the Pirate Bay. By the time courts catch up with unlawful services, user momentum already...
However, Federico Estevez, a political analyst at the Mexico City's ITAM institute, said the cynicism of the press disguises a generally positive view of Obama in Mexico. "No one really expected major agreements to come out of this visit," he said. "It was about starting over again in bilateral relationship, getting a positive mood or tone going. Mexican people have now seen a U.S. leader who is more open to their concerns. He is generally well thought of here...