Word: bottoms
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...according to S&P. It's a sign of just how badly the recession has hit big companies. But it could also turn out to be a leg up for corporations in the recovery. All that red ink could turn out to be a little-noticed boon for corporate bottom lines. That's because companies are allowed to record a tax credit for current losses in order to lower their tax bill when they return to profitability. (See six year-end tax tips...
This isn't all that out of the ordinary for a recession. Typically, companies ring up tax credits in down years and use the credits to plump up the bottom line when business picks up. But what is turning the run-of-the-mill tax credit into a bonanza this recovery is the huge amount that corporate America has lost in the past two years. Also, stimulus spending has turned around the economy and corporate profits faster than normal for a particularly deep recession. The speedy turnaround in corporate profits, which are expected to soar 60% in the fourth quarter...
...binds with hot glue into a card-stock jacket. Two blades, regrettably obscured from view, thresh off the book’s edges until it is cut to size. Finally, the finished product is deposited, like a bottle of soda from a vending machine, into a compartment near the bottom. Apart from their unadorned covers, the books look and feel indistinguishable from those on the shelves...
Once a team floundering at the bottom of their division, Radcliffe Rugby finished the fall regular season undefeated. Now in the playoffs, only two games stand between the recently reinvigorated team and a spot at nationals in the spring...
That big open space at the bottom of NW labs (currently filled with red couches, ideal for a quick nap) will be transformed into an exhibition space--the opening celebration will take place Sun., Nov. 8 at 6:30 in NW labs--for inventions that bridge art and science, according to Laboratory employees...