Word: bernstein
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Dates: during 2000-2009
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Still, at least seven more IPOs are in the pipeline, including offerings from Colony Capital, Apollo, Alliance Bernstein, Bayview Asset Management (which is partly owned by Blackstone Group), Ellington Management Group, Western Asset Management and AG Financial Investment Trust...
...cell-phone operators who will even subsidize the cost of a device in return for tying a buyer to a monthly plan. Not so in emerging markets, where users typically buy their phone independently. That means manufacturers need their own "very efficient distribution," says Sanford C. Bernstein's Ferragu. "And on distribution, nobody comes close to the strength of Nokia...
That outlook no doubt includes extending smart-phone services beyond major urban areas. In rural India, where Nokia controls around four-fifths of the mobile-phone market, according to Bernstein research, locals may not be quite ready for smart phones yet - but they will be. At the Mobile and More outlet in the city of Gwalior in central India, co-owner Gaurav Kukreja's best seller is a no-frills 2G Nokia. But, Kukreja says, "younger people from villages often go to cities to study. They come back well-versed with new technology, and with aspirations. They want the latest...
...Sarah • bill banning a beloved pastime of - shooting defenseless animals from aircraft - is introduced in the Senate • Clear Channel is not interested in syndicating a radio show hosted by, so we may never get to hear blithering twaddle like this • demagoguery of is noted by Carl Bernstein and Maureen Dowd • hated reporters are told by that "our troops are willing to die for you" so "how 'bout ya quit makin' things up" in honor of the American soldiers so grotesquely exploited by • quitting speech of is ridiculed by Stephen Colbert and Jon Stewart and William...
...earnings were down from a year ago, but it still outperformed Citi in many parts of its business. Investment-banking revenues at Citi, for instance, fell 13% in the second quarter from a year ago; JPMorgan's investment-banking revenues rose 29% in the same time, according to Bernstein's McDonald. Then there's the issue of talent loss. As Citigroup's troubles have continued, the bank has begun to lose executives to rivals. The most notable departure thus far is Ajay Banga, who headed the bank's Asia Pacific operations. He left Citigroup last month for MasterCard...