Word: forecasts
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...there should be plenty of gas to go around, easing pump prices back to traditional summer levels by late July. (U.S. retail prices averaged $1.63 a gallon last week, 19 cents higher than in March and already above the $1.52 a gallon that the Energy Department had previously forecast for June...
...weather we will have in 100 years. Last month we in the New York metropolitan area heard alarming predictions of 2 ft. of snow in Manhattan, but we ended up getting just a few inches. If looking only a couple of days into the future can produce a weather-forecast goof like that, how can anyone accurately predict what the effects of global warming will be 100 years from now? PAUL MCGRAW Rockville Centre...
This weekend's weather forecast calls for the temperature to be in the mid-60s. Harvard hopes that will be enough to keep the team on its recent hot streak...
This week the major pharmaceutical companies are expected to report strong first-quarter earnings. (There will be real pain if they don't.) While S&P's earnings are anticipated to be off nearly 9% for the first quarter, drug companies' profits are forecast to increase more than 12%, according to researchers at First Call/Thomson Financial. The sector's bottom-line growth should accelerate to 14% for the year; the overall S&P will barely break even...
...back pay from 3,000 workers. First to Finnish Mobile phone manufacturer Nokia has topped French business school INSEAD's list of the world's most effective companies. Other high scorers are Renault and BNP Paribas. Confidence Trick While its rivals issue profit warnings, German software giant SAP forecast 20% growth in sales in the first half of the year and announced an alliance with Yahoo to develop corporate websites. Shares rose 8%. Working Up a Thirst Labor unions voted to strike over a planned packaging-plant closure at Irish brewer Guinness, which produces 4 million pints of its famous...