Word: bernstein
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Dates: during 2000-2009
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When introduced recently to students in a cafeteria at the Massachusetts Institute of Technology, the ring-shaped contraption immediately drew curious onlookers. "It's clearly a fan," said engineering student Sergei Bernstein, 18, placing his palm before the draft of cool air flowing from the circular frame. "But it looks completely different, very modern," said his friend John Berman...
...Alan Bernstein, executive director of the Global HIV Vaccine Enterprise, suggests that the debate over which analysis of the data matters most - as well as the rather clumsy manner in which the study was presented to the public - is secondary to what the research brings to the battle against HIV. "Let's not get hung up on tangential concerns, and stay focused on everyone's main priority: working our way toward getting a vaccine," Bernstein says. "This trial isn't the big bang. It isn't perfect, and [it] has only provided points of information that must be examined, pursued...
...comes from the acquisition of the Salomon Smith Barney brokerage division. The deal, which was announced in January, has boosted the number of brokers at Morgan Stanley to just over 20,000. That makes Morgan the largest brokerage house in the country. Brad Hintz, an analyst at Sanford C. Bernstein & Co., estimates that after the acquisition is complete Morgan will get 42% of its revenue from its brokerage division, up from 20% a year...
However, some observers worry that all the discounting and secondary lines could tarnish a brand's upscale image in the long-term. "You want to avoid the Pierre Cardin catastrophe," says Sanford C. Bernstein & Co. analyst Luca Solca, who was referring to the way Cardin's apparel wound up in bargain basement bins at discount retail stores because there were few checks and balances to control quality, distribution and pricing. (Read "Recession? Not in New Delhi's Luxury Stores...
...large firm's acquisition of a significantly smaller one - revenues at Kraft are more than four times those of Cadbury - are "the deals that have tended to work," says Martin Deboo, an analyst at Investec Securities in London. "It makes perfect sense for Kraft to acquire Cadbury," Sanford C. Bernstein analyst Andrew Wood wrote in a note to clients Monday. "And they should...