Word: bullish
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...1920s, a business professor at the University of Pennsylvania’s Wharton School postulated that markets are bullish when hemlines inch upward. And when a team from the old American Football League beats a National Football League squad in the professional gridiron championship, stocks tend to sour...
...down collection of stiff, narrow miniskirts, shrugged-on polo sweaters and penny loafers. The occasional exotic flair came from an aviary theme, with peacock feathers adorning skirts and appliqués of parrots and swans on shift dresses. And why not take flight? Business is up and designers are bullish. After all the drama over Ford's departure last season, Gucci Group saw earnings before interest and taxes more than double in the second quarter, with revenue up 64% at Bottega Veneta, one of the group's smaller brands. "We're very optimistic," said Saks Fifth Avenue executive Ron Frasch...
...years. More Indians are starting to buy at malls, he notes, as retailers get better at pitching goods. "We're learning the science of retailing," he says. Yet even he concedes that "the larger malls will be the only ones that survive." KSA Technopak's Singhal is also bullish about the future of malls but adds, "It's very likely that quite a few of the new malls will see occupancy rates of only 50%." Far from being tangible evidence of India's new economic vigor, the numerous half-empty malls that look set to dot its landscape will more...
...first blockbuster public offering in the tech sector since the dotcom crash: the IPO of search-engine giant Google, expected this month. But Google founders Larry Page and Sergey Brin seem to be doing their darnedest to dampen the hype. The company last week gave an unusually bullish official estimate of its opening share price: $108 to $135 a share, or more than 150 times annual per-share profit. (Most large companies average about one-seventh of that.) Google watchers were split on the reason. Either Page and Brin are trying to scare away those in search...
...buzzing with the prospect of tech's first blockbuster public offering since the dotcom crash: search engine juggernaut Google's IPO is expected in a couple of weeks. But Google founders Larry Page and Sergey Brin seem determined to spoil the party. Last week the company gave an unusually bullish official estimate of its opening share price: $108 to $135 per share, or more than 150 times annual profit per share. Historically, most large companies average about one-seventh of that. Google watchers were split on the reason. Either Page and Brin intend to be valued as highly...