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...biggest thing to hit the municipal-bond market in a generation," says Amy Resnick, the editor in chief of The Bond Buyer, which tracks the muni market. "It's clearly been a success as a means of stimulating the economy...
...sales fell 3.8% on average in the first 10 months of 2009, which reverses the 2.4% gain posted in 2008, according to Sageworks, which provides software and consulting services to private business. "That's almost a 6% decline in the sales growth rate," says Andrew White, the firm's chief financial officer. Large publicly traded companies fared better, with sales slipping only 1.8% on average in the first 10 months of the year, he says...
...William Dunkelberg, chief economist with the NFIB, says it's all about consumer spending, not credit. "The biggest problem is there's no sales - that's the real killer here," he says. Only 4% of those surveyed [by the NFIB] named credit as the problem. "Capital-spending plans are at 35-year lows and inventory-investment plans are at 35-year lows. They're just not borrowing - they're not asking for it," he says...
...firm to its position - recommending yearly mammograms for women beginning at age 40 - adamantly stating that it will not modify its guidelines. "We are not changing current recommendations at this time based on our initial review of the information provided by the task force," says Dr. Len Lichtenfeld, deputy chief medical officer for the ACS. (See pictures from an X-ray studio...
Days later, however, came the domestic backlash. Iranian Judiciary Chief Sadeq Larijani told reporters, "sending uranium out of Iran should be pondered upon and it seems that such an interaction on nuclear energy is not beneficial to Iran." His brother, Speaker of the Iranian Parliament Ali Larijani, was also reportedly critical, saying the proposal as it stood was "neither logical nor legal." Parliament members began to publicly bash the Vienna deal. One member stated there is no guarantee in the proposed deal that the West "will fulfill their commitments" in the nuclear talks and that "Iran is right to distrust...