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Just 55 of the S&P 500 companies have seen estimates of their likely earnings in the fourth quarter revised upward, while 424 companies are facing declines. "That's telling me that earnings are going over a cliff," says Dirk van Dijk, director of research for Chicago-based Zacks Investment Research, which compiles the earnings forecasts of Wall Street analysts. "Estimates were way too high given the soft economy, and analysts are diligently whacking at them with a machete...

Author: /time Magazine | Title: A Dismal Earnings Outlook on Wall Street | 10/31/2008 | See Source »

...Hill. Lurching left on domestic policy, veering right in his speeches, promising to end the war in Vietnam even as he escalated the bombing, Nixon infuriated his critics and confounded his allies. The roller coaster finally ended with his landslide re-election just as he was stepping off a cliff into disgrace...

Author: /time Magazine | Title: How Obama and McCain Would Lead | 10/30/2008 | See Source »

...spend more time in the state to counter the McCain offensive, and indeed the Democrat has made appearances in both Pittsburgh and Philadelphia over the past couple of days to make his closing arguments. "John McCain's ridden shotgun as George Bush's driven this economy towards a cliff, and now he wants to take the wheel and step on the gas," the Illinois Senator told a wet crowd of 9,000 outside of Philadelphia on Tuesday...

Author: /time Magazine | Title: How McCain Thinks He Can Win Pennsylvania | 10/29/2008 | See Source »

...they’re still all about the sex, drugs, and rock ’n’ roll. Simply judging from the song titles, in which “rock” gets used four times, it’s clear that Angus, Malcolm, Brian, Cliff, and Phil are out to prove that—33 years after their debut album—they’ve still got it. The amazing thing about “Black Ice” is how well it recapitulates the “AC/DC doctrine” while also pushing the limits?...

Author: By Anna E. Sakellariadis, CONTRIBUTING WRITER | Title: AC/DC | 10/24/2008 | See Source »

...felt like a cartoon character who runs away from a pursuer off a cliff edge. I was in a free fall,” she said...

Author: By Liyun Jin, CONTRIBUTING WRITER | Title: Immigrant Author Finds Home in Books | 10/17/2008 | See Source »

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