Word: bottoms
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What can Inaugural buzz do for J. Crew's bottom line? Compared with most retailers, the company has stayed strong since the economic downturn began. "J. Crew continues to be one of the few retailers offering differentiated and unique merchandise to customers," analyst Christine Chen wrote this month in a report for Needham and Co. CEO Mickey Drexler, ex-chief of the Gap, has jump-started the brand by revamping the quality of its merchandise. But the economic downturn has not left J. Crew unscathed - profits fell 6% through the first three quarters of fiscal 2008. "It's a huge...
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...with Rothko on this one. Wyeth chose representation, Rothko chose abstraction, but at bottom their work expresses that common, shared experience of not really being sure what America is anymore...
...Nikkei hit rock bottom on Oct. 27 at 7162, and some of the more bullish market analysts say it won't see that level again. But as corporate profitability continues to plummet and the global economy worsens, stock-market analysts are waiting for a catalyst. Tsuyoshi Nomaguchi, strategist at Daiwa Securities in Tokyo, says Japan's stocks are not comparatively cheap but are in the "attractive zone," and once recovery measures in the U.S. take effect in the middle of 2009, Japan's stock prices will rise on anticipation of economic growth. "Japan is falling behind [other nations] in implementing...
...death, when Wyeth was 33, some bloodstains on his pillow led him to the discovery that he was suffering from bronchiectasis, a disease of the bronchial tubes of one lung. They were removed in an operation so drastic that his chest had to be opened from top to bottom, slashing his shoulder muscles so that he thought he might never be able to paint again. While convalescing, he painted The Trodden Weed, with his arm suspended in a sling from the ceiling. The boots that flatten the weed once belonged to Howard Pyle and were Betsy's Christmas gift...