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The finishing order this weekend - Harry Potter 6 Ice Age 3 Transformers 2 - might seem like the score of a three-team intergalactic Quidditch match, but it's really a demonstration of the power of sequels. The sixth installment of the Potter series has already earned more than $200 million...
Not that boffo grosses come cheap. The Los Angeles Times points out that Half-Blood Prince cost nearly $400 million to make and market. And the studio, Warner Bros., has to share the HP6 revenue with the theaters showing it. But then comes the real money, from DVD and other...
While the long-term damage to UBS may be difficult to gauge, experts say its reputation as a reliable institution has taken a beating. "Clients worldwide have lost trust in UBS's ability to protect their privacy," says Teodoro Cocca, former professor of asset and wealth management at the Swiss...
However, it’s all but certain that the Nationals will pay whatever it takes to sign Strasburg—they’re under considerable political pressure to do so. The team was criticized for striking out with last year’s top pick, Aaron Crow. Most...
Yet there's no denying that Transformers 2 is a smash, having earned something like $700 million worldwide in 12 days. So far, the movie is ahead of its blockbuster predecessor - though sequels usually come out of the gate with more power than the original, which establishes a brand. Its...