Word: bettering
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Confidence - people believing that things are going to get better and that it's time to move off the sidelines - is a key part of any long-lasting housing rebound. It's also, unfortunately, impossible to mandate...
...test, you have to guess not just which borrowers will stop paying but also when. Some losses will be covered by profits elsewhere. So the firm's bottom line must be estimated. The variables leave plenty of room for the government to make some banks look better or worse, depending on the assumptions it makes. Not so cut and dried. (Read "25 People to Blame for the Financial Crisis...
...Prognosis: Looking good. JPMorgan is in better shape than other big banks are. Its post-test leverage ratio drops to 6.4%, from nearly 8% - still a picture of financial health. (See the best business deals...
...shrinking and the drop is accelerating. Hewlett-Packard (HPQ), the largest manufacturer of PCs in the world said that its revenue from notebook PC sales dropped 13% in the last quarter and desktop revenue fell 25%. It is likely that results from Dell (DELL) will not be any better when it posts its quarter. Wall St analysts are starting to say that their surveys of retail outlets even show Apple Mac sales slowing...
...going to take to the global stage at a critical time in history, you had better be on your game. Japanese Finance Minister Shoichi Nakagawa certainly wasn't at his best at a recent meeting of the G-7 group of industrialized nations in Rome. During a Feb. 14 news conference, Nakagawa went before the press in what appeared to be an inebriated state. While the cameras rolled, Nakagawa slurred out halting answers to questions, yawned and seemed on the verge of dozing off. He later said he wasn't drunk, blaming his bleary, wobbly performance on jet lag, cold...