Word: expectations
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...Analysts also await Google's third quarter earnings announcement on Thursday as an indicator of how the technology company will be able to grapple with the tough economic climate. Ross Sandler, senior internet analyst at RBC Capital Markets, expects Google's revenue to be up 33.5% over the same time last year with a 3% growth rate from second to third quarter, even though its stock price recently sank to the lowest it has been in two years. "Google is down 25% in the last month or so, but ... there is nothing wrong with Google structurally," says Sandler. "Every company...
...Expect a Divine Bank Deposit Rabbi Nevins cautions, "When I ask God for help, I'm not asking for an extra miracle, for a great hand to drop a wad of cash on my mortgage." Such supernatural interventions may occur, he says, "but I just don't know how to prove that." Says Ali: "God accepts our prayers, but God acts based on his wisdom." Says Martin: "If you imagine that God is like a cosmic gum-ball machine, you have to start rethinking your image of God. The help may not come as quickly or in the exact...
...person there. He's told God, 'If this cannot pass away except I drink it, thy will be done.' " The final stage of the prayer, Yancey maintains, is uttered by Jesus from the cross when he beseeches, "Father forgive them. They know not what they do." Yancey does not expect that everyone caught in the current economic vice will achieve quite that level of selflessness, but he says, "Once you've transferred those anxieties and achieved that calmness, it kind of clears you to reflect on what God wants done in the world and how you can be part...
...complete menu to address the multiple areas of troubles threatening the banking system," thus staving off what he says would have been a "global depression." Still, he says the contagion and mutation of the crisis from one financial activity to others makes it impossible to know what to expect in macro terms in the medium run. Indeed, Paul Tsang, senior vice president at Polaris Securities in Hong Kong, says he expects the rebound to continue as investors wait to see how the proposed bailout plans affect financial institutions, but that longer-term predictions remain murky. "My initial hunch is consolidation...
...would Russia promise $5.4 billion to bail out Iceland, when Iceland's traditional allies weren't offering the money? After all, Russia has its own grave financial issues to deal with. Does the country really expect to be paid back in "the famous Icelandic herring, popular in Russia since Soviet times?" as Victor Tatarintsev, Russian ambassador to Iceland, noted in an interview on Russian television. More likely, this act of benevolence is being viewed as a way for Russia to help secure a bridgehead for an advance into the Arctic regions to claim the vast hydrocarbon and other mineral deposits...