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...addition to earnings for insight into a company's true business growth. Randy Cass, founder of First Coverage Inc., a financial-services-research company, agrees, noting that "2010 will be much more of a 'show me' type of year," in which investors demand clear data indicating that company fundamentals back up the run-up in stock prices seen...

Author: /time Magazine | Title: Big Earnings Gains May Not Lift Stocks | 1/15/2010 | See Source »

...will be earning 9% less in 2010 than they did in the peak 2007 period. Steven Wieting, a managing director and U.S. economist at Citigroup Global Markets, says it will likely be 2012 or 2013 before earnings reach the levels attained in 2007. Maybe by then we'll be back to the stock-market highs that occurred...

Author: /time Magazine | Title: Big Earnings Gains May Not Lift Stocks | 1/15/2010 | See Source »

These companies have a distinct advantage over foreign competitors because their founders and senior managers are part of the same elite class as the regulators who enforce the various and mostly unwritten rules of censorship. They have offices in Beijing, and they lobby the Chinese government through uncharted back channels and are in what amounts to a continuous dialogue about what is and what is not acceptable. This includes not only political censorship but morals - especially relating to porn and sex. Google may have hired its own cadre of Chinese executives but it - like Yahoo and eBay before - has always...

Author: /time Magazine | Title: Google and China: Silicon Valley Is No Longer King | 1/15/2010 | See Source »

...This same strategy was much in evidence at the White House Thursday, when President Obama proposed a new tax on large banks to compensate for losses suffered by taxpayers in bailouts of the financial industry that began in the final months of the Bush Administration. "We want our money back, and we are going to get it," the President said, using unusually informal language to identify with the great mass of American taxpayers. Massachusetts Democrat Coakley took that as a cue to release a statement putting her opponent on the spot: "Now is the time for Scott Brown to tell...

Author: /time Magazine | Title: Taking on the Banks: Obama's New Populist Pitch | 1/15/2010 | See Source »

Israel has no foreign policy, only domestic politics. That was former U.S. Secretary of State Henry Kissinger's conclusion back in the 1970s, but it appears to still hold true three decades later when it comes to understanding the latest fiasco in an Israel-Turkey relationship that has seen better days...

Author: /time Magazine | Title: Israel and Turkey: Anatomy of a Dissing War | 1/14/2010 | See Source »

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