Word: bonanzas
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...from 2-D to 3-D. (Eighty years ago, when talking pictures became the standard, studios owned most of the theaters in the U.S.; they put up the conversion money, then got the revenue from the new films they produced and exhibited.) Exhibitors want in on the 3-D bonanza, so they're spending now to reap cash later. In early March, Digital Cinema Implementation Partners, a company owned by the two largest theater chains, Cinemark and AMC, announced it had raised $660 million to finance the conversion of 14,000 North American movie screens to the digital format, including...
...coast of East Africa have natural gas in abundance. Early data compiled by industry consultants also suggest the presence of massive offshore oil deposits. Those finds have spurred oil explorers to start dropping more wells in East Africa, a region they say is an oil and gas bonanza just waiting to be tapped, one of the last great frontiers in the hunt for hydrocarbons. "I and a lot of other people in oil companies working in East Africa have long been convinced that it's the last real high-potential area in the world that hasn't been fully explored...
...typical for executives to leave their firm after it has been acquired. But Bank of America's acquisition of Merrill Lynch has turned out to be a recruiting bonanza for other Wall Street firms. In December, Morgan Stanley hired former Merrill president Gregory Fleming to head the firm's investment-management division. Another top former Merrill executive, Bob McCann, was picked to run the wealth-management division of Swiss bank UBS, which has more than 8,000 brokers. (See the best business deals...
...bonanza on Wall Street. One of the Obama administration’s purported goals was to help Main Street. The stimulus package, health care reform, and tax credits were all ways in which it was and is trying to achieve this goal. But when John Smith opens up the newspaper, he reads about “Bonus Day” on Wall Street. There is very little about how President Obama is directly working to inform the public of his plans to salvage a deepening recession and how the financial markets are affecting their daily lives...
...monster they cannot control as the U.S. seemingly did in 2003 when it identified Abu Mousab al-Zarqawi as the top al-Qaeda leader in Iraq at a time when he was little more than a relatively obscure Jordanian terrorist operating north of Baghdad. The notoriety was a bonanza for al-Zarqawi, as mujahedin streamed to join his group. As for al-Awlaki, "the best way to describe him is inspirational rather than operational," says a senior U.S. official. But, as this official points out, "the inspirational element is motivating people to take action. Where do you draw the line...