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...Nagai, the nonprofessional kid chosen for Russell, needed a bit of coaching. Since Docter had chosen as his co-star in Monsters, Inc. Mary Gibbs, who was all of 2½ at the time, he's a past master at working with kids. "When Jordan had to be excited," Docter says, "he would get maybe 50%. So I'd tell him, 'Run around the room, run back here and say the line - ready, set, go!' We'd do it one line at a time like that." For a scene in which Russell is cradled and tickled by a giant South...
...Buffett and other investors may be putting too much faith in the bank management's ability to gauge future loan losses, something no major bank has gotten right during this downturn. And if there's even a bit of disappointment, Wells Fargo shares have further to fall than its rivals. The stock trades at a price-to-book multiple of 1.6; JPMorgan, another bank deemed to be in relatively good shape, has a price-to-book of just 1. On earnings, Wells trades at 16 times its expected bottom line this year. That's better than even Goldman Sachs, which...
...Merging AOL with Time Warner in 2000 could have and should have been a brilliant move, not just for Case, who made zillions by converting high-flying Internet stock (and a bit of fuzzy accounting) into real money, but for the world's biggest media company too. By the turn of the century, it had become apparent that the value of content was plummeting as more and more media were digitized. Time Warner's video, music and print, and especially its cable company, could have and should have rallied around AOL as the solution. AOL and Time Warner Cable...
...here's a bit of counterconventional wisdom: The only person who has consistently been right about the disastrous AOL-Time Warner merger was its architect, Steve Case...
...industry at a time when demand in mature markets could use its own caffeine kick. While global coffee consumption grew slightly last year, the level in Europe - which brews up roughly twice as much as the U.S. in absolute terms - fell by 2%. "There's still a bit more to come with regards to demand erosion" in both of those big markets, says Abah Ofon, a commodities analyst with Standard Chartered in Dubai. Any growth in demand from developing markets, he says, is "insufficient to lift a market which is falling...