Word: bustedly
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...basil lemon verbena. For the most part, the earth-friendly cleansers are "plant derived," meaning they don't contain man-made substances like ammonia. Degreasers by the manufacturer Caldrea get their punch from birch. In price, the products can't compare with Palmolive's, but they won't bust your wallet: Williams-Sonoma dishwashing soaps cost...
This all sounds reasonable, and it's wise for most workers to limit their exposure to their employer's stock. A diversified portfolio will help protect them if the company goes bust. But there are problems with the Senate proposal--and not just because the government has no business micromanaging your portfolio...
...European engineers start a company in Switzerland, take it public, move the headquarters to California and recruit a marketing whiz from APPLE to run it. The company evolves from a humble provider of computer mice to a seller of everything from cordless keyboards to webcams. And then it goes bust, right? That's the way the story is supposed to end in this grim, post-bubble era. But LOGITECH is defying that logic...
...struggling to understand what has been a remarkable turn in orders for semiconductors and the high-tech equipment needed to make them should take note: products such as cars and medical devices--from pacemakers to hearing aids--are taking up a lot of the slack left after the telecom bust. APPLIED DIGITAL SOLUTIONS' new VeriChip, for example, is injected under your skin and when scanned--say, in the emergency room--gives doctors a complete medical history. The semiconductor recovery won't be complete without renewed demand from traditional users such as CISCO and NORTEL. But if they kick in later...
Periods of takeovers followed by sprees of spin-offs are hardly new. M and A activity usually increases as markets and liquidity rise, while demergers often occur after things go bust. "Clearly there is quite a cyclical and fashionable element involved," says HSBC's Russell. That's partly explained by the investment banks' need to make money regardless of market performance. "If you can't do the merger, do the spin-off. In bad times, the spin-off is the easier sell," Minichiello says. Management comes under pressure from investors to "do something," and the investment banks are there with...