Word: ceos
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Apple stock immediately surged 10% on the earnings numbers, which beat Wall Street estimates. The stock jump suggests that investors are now focusing on more than just the health of CEO Steve Jobs despite the fact that the SEC is reportedly investigating the company's disclosures on Jobs' condition. (See pictures of Steve Jobs...
Cook was similarly strident when asked (only once) about the health of CEO Steve Jobs, who recently announced he was going on a medical leave of absence until June. Jobs, who was diagnosed with pancreatic cancer in 2004, has been looking emaciated since a public appearance during the summer, and the stock price has whipsawed on sporadic rumors that the disease has recurred...
...strangers what they do for a living, it's sometimes hard to do it with great gusto. "'Liquidator' sure has a negative connotation, doesn't it?" admits Paul Erickson, CFO of the Great American Group, one of the largest liquidation firms in the country. The wife of Jim Schaye, CEO of Hudson Capital Partners, another major liquidator, didn't want her husband to broadcast his career when they first met. "She thought people would think I'm a vulture," he says with a laugh (she has since changed her tune. Honey, you're not a vulture). At parties, Steve Fried...
...like to say that we're getting beachfront property at trailer-park prices," says A.J. Khubani, founder and CEO of TeleBrands, another popular purveyor of infomercialesque merchandise. He says his company is buying better time slots for nearly 25% less than it paid in 2007. Commercials for TeleBrands products, which include nail clippers for pets (PediPaws), now appear during The O'Reilly Factor, the most popular show on Fox News...
...very little new lending--by the mid-1940s, more than half of City's assets were in U.S. government bonds--gave way to a new era of growth in the 1950s. The drivers were international expansion and domestic innovation, and the leader was Walter Wriston. The bank's CEO from 1967 to 1984, Wriston changed the y in City to an i. After years of success, though, he left the bank with billions in bad loans to Latin America. Only profits generated by the U.S. retail-banking and credit-card juggernaut built by Wriston's protégé John Reed--combined...