Word: ericssons
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SMITH: The beginning part of the recovery has tracked what you would have thought. Aggressive-growth companies have done well: biotech, semiconductor companies, Internet companies--stocks you thought were going to go out of business. And so have big companies whose stock has come down dramatically, like EMC and Ericsson. Now it's a more level playing field, and the premium for quality companies over average companies is very small. So I think you would want to buy quality. You'd rather buy Wal-Mart, vs. J.C. Penney or Dell, vs. Hewlett-Packard...
...worse conditions in the workplace." It's difficult to fight against the politics of fear, but the yes side has raised the stakes in the debate by hinting Sweden faces a bleak future without the euro. In a newspaper article, Carl-Henric Svanberg, the CEO of phone-giant Ericsson, said that companies would stop investing in Sweden and might even move out of the country if voters reject the euro. Opponents note Denmark did precisely that in 2000 and nothing dire happened there. Persson has also been warning that Sweden won't get a second chance at joining the euro...
CARL-HENRIC SVANBERG, Ericsson CEO, threatening to leave Sweden if its voters reject the euro this month
...energy into organizing concerts as mastering organic chemistry. They are the ones who set a tone, deliver an edge. And now, thanks to Cornerstone Promotion, a youth-culture marketing agency that founded Fader magazine, they're also the kids who are marketing brands like Sprite, Microsoft, Disney and Sony Ericsson on campuses across America. When Cornerstone started the FARM (Field Academic Research and Marketing) Team in 2000, the thinking was to let the hipsters, rather than some suit at a folding table, introduce the newest and greatest products to the college set. Cornerstone employs 85 students to launch products, sponsor...
...head is stuck in a tandoor. But Saurabh Kedia, 22, would never know it. The New Delhi native dips his flat naan bread into a dish of spinach curry in the air-conditioned comfort of a friend's private club. On the table lies Kedia's prized possession, an Ericsson feature-loaded mobile phone with PDA-like functions that cost him nearly $400, almost as much as an average Indian earns in a year. That night he plans to watch X2: X-Men United at a posh, newly built multiplex theater south of New Delhi and then sip cappuccinos with...