Word: firming
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...million-dollar view is also a reminder that these are boom times for women's magazines. "They are doing much better than the magazine business overall," says Edward Atorino, a managing director at Benchmark, a brokerage firm in New York City. "Everybody thinks the Internet is the only place where things are happening, but the women's magazine field is not getting the attention that it deserves." Ad revenues in Black's division, a unit of Hearst Corp., have tripled since she took over, soaring to $2.5 billion in 2006, from $841 million in 1996. The magazines are being...
...from the start, sometimes too fast for her own good. She once left her résumé on a copy machine at work, where it was found by a senior executive at Curtis Publishing Co., Holiday's owner. Oops. She learned to ease up on what she thought was her firm handshake after a male colleague snapped, "Cathie, you don't need to break my hand...
...fast-growing nonprofit sector faces a shortage of senior leaders estimated at 640,000 over the next decade, reports executive search firm Bridgestar. You may not be able to leave a financial legacy, but here are three ways you can live a fulfilling...
...July, exceeding the total $126 billion that flowed into the sophisticated, shadowy investment vehicles in all of 2006. Most hedge-fund managers were enjoying solid returns: the industry averaged a 7.37% gain through the first seven months of the year, according to Hedge Fund Research (HFR), a Chicago research firm. That was nearly double the performance of the benchmark S&P 500 index, which returned 3.84% over the same period...
...their heads handed to them. Two Bear Stearns hedge funds worth a total of $1.5 billion collapsed due to their exposure to toxic subprime debt, a debacle that was preceded by the subprime-fueled demise of a hedge fund run by Swiss bank UBS. Basis Capital, an Australian firm with more than $2 billion in assets, was forced in August to liquidate its Basis Yield Alpha Fund, which had previously been one of Australia's best-rated hedge funds. Numerous quant funds, which use computerized analysis to make investment decisions, posted big losses as stock markets reeled from the subprime...