Word: glassing
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...Starbucks's stock, which has fallen more than 50% in the past two years, rallied in early-morning trading. Investors liked the announcement, which replaced an earlier, less-aggressive plan to shutter just 100 shops. "The first step is admitting you have a problem," John Glass, an analyst at Morgan Stanley, wrote in a research note. He estimated that closing the 600 stores could boost U.S. operating margins by at least 1 percentage point...
...Nonetheless, the coffee company has a long haul ahead. Resizing its footprint to better fall in line with demand is a step in the right direction, but hardly a cure-all. Morgan Stanley's Glass points to "deteriorating underlying trends," such as the slowing economy and stepped-up coffee competition from the likes of Dunkin Donuts and McDonald's. Steven Kron, an analyst at Goldman Sachs, pointed out in a research note that while short-term investors may be enthusiastic about store closings, long-term investors still need to know more about how broader business trends play...
...looking man strides, radiating corporate menace. Inside his swank office, he detects danger from outside, and in a moment his colleague has been shot. Running toward the office window, he leaps out, head first, his face a mesh mosaic of broken plastic, as if it were a crushed stained-glass mask. He lands on the adjacent building the shots came from, using his own artillery to dispatch several of his would-be killers, including one with a bullet that can turn corners. Alone and triumphant, he hears a voice from afar saying, "They were just decoys," and BANG...
...father-in-law. But watching him try to do what a mystery writer does shows you what's so tough about it. Good genre writers know how to express ideas and emotions through events--plot--rather than dialogue or evocative descriptions. Precious little happens in The Lemur other than Glass trading icy quips with his wife. If Benjamin Black is John Banville's guilty secret, he needs to find a much, much guiltier...
...mildly titled June 23 report from the Government Accountability Office (GAO) is a glass-half-empty study of the vexations that continue to hamper U.S. efforts in Iraq as the war enters its sixth summer. While the GAO doesn't contradict a Pentagon report that indicates violence in Iraq has dropped significantly, it claims the improvement is based on a rickety foundation provided by the now slowing U.S. troop surge, a creaky cease-fire with Shi'ite cleric Muqtada al-Sadr and a U.S.-led effort to recruit former insurgents for policing--not on any sustained reforms needed for lasting...