Word: buying
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...things to buy during the recession...
...leaders of candymaker Hershey conduct their quiet deliberations as to whether to buy British company Cadbury, one thing is certain: their thoughts will be guided not so much by the financial interests of billionaire investors, hedge funds or even individual shareholders as they will by the fate of 1,800 poor children living on a former farm in rural Pennsylvania...
...Veteran analyst Richard Bove of Rochdale Securities, who had been recommending Citi's shares since the summer, downgraded the stock on news that it was going to repay TARP from a "buy" to a "sell" rating. "What does it do for the company? Management can increase [executive] salaries," says Bove, referring to the fact that Citi will now be free of the government's compensation rules. "What else? Nothing...
...things to buy during the recession...
...cruise lines, every passenger is a potential ATM, which is why they'll do anything to avoid leaving with empty berths. A full ship is important to the atmosphere, and to employees' pockets, as tips are an important income boost. If you board, you might buy drinks, spa treatments, snorkeling excursions or even airbrush tattoos. And gamble. So the 103% occupancy rates RCL has maintained through the recession have been worth the deep discounting. "It's been a frustrating time," admits Goldstein, "but in this downturn it's critical to satisfy our customers and hope they'll come back...