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...jobs and other expenses to weather the debilitating recession and frozen credit markets. Thus, the near-term earnings may look much improved even though demand for a company's products may have slumped. "Cost-cutting has been the major force driving earnings and earnings surprises," says Dirk Van Dijk, chief equity strategist at Zacks Investment Research, which monitors earnings projections from Wall Street analysts. And "clearly companies cannot continue to grow earnings forever based only on cost-cutting." (See 10 things to buy during the recession...
...think it's very encouraging," says Dr. Lee Hall, chief of the Parasitology and International Programs branch of the National Institute of Allergy and Infectious Diseases (NIAID). "It's a big endorsement by MVI for this general approach...
...lesson of the past year is that mistakes made on Wall Street can have real bad side effects on the rest of the economy," says Robert Johnson, a senior fellow at the Roosevelt Institute and a former chief economist of the Senate Banking Committee. "And that's adequate grounds to put in restraints before we have to have the next bailout." (See award-winning pictures of the fallout from the financial crisis...
Daniel C. Hill, a lawyer from Charlestown, has also declared his intention to run. On Tuesday, Chelsea real estate broker Michael Albano told the Boston Herald that he planned to formally announce his candidacy on Thursday, and the Boston Globe has named Sal DiDomenico, Galluccio’s chief of staff, as a potential candidate...
...Given the size and complexity of our institution, it is not a surprise that we were one of the several institutions selected for the follow-up examination,” University Chief Financial Officer Daniel S. Shore wrote in an e-mailed statement to The Crimson...