Word: go-rounds
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...talking the virtual version of HIV here. There was no malicious intent. The greatest effect so far noted in Code Red's last go-round two weeks ago was that the White House website, the ultimate target of its initial attacks, had to change its IP address. Hands up anyone, even anyone who was surfing the White House website at that exact moment, who noticed...
Since 1921, in 13 cases in which rates were cut swiftly three times in a row, the Dow has been higher one year after the third cut on 12 occasions. A cut this week would be the third this go-round. The median gain in the 13 cases was 25%, according to Ned Davis Research. The NASDAQ, which came into being in 1971, has never been negative a year after a third consecutive rate cut, and its gains have also been impressive...
...This would of course be AT&T's third go-round with de-glomeration - the government took the hammer to them in 1984, and the company spun off Lucent and shed NCR in 1996. (And the track record is a bit frightening: Lucent has gone from $79 to $22 inside of a year, issued three - three! - profit warnings and this weekend fired its CEO.) The idea is to keep the company nimble in a shifting-sands technological landscape by letting each division act on its own, pursuing its own innovations, deals and profitability...
...meeting commenced, as all do, with the approval of the minutes of the last gathering--this is a government bureaucracy, after all--and some staff reports. Then a "go-round" took place in which the presidents and Fed governors discussed the economic outlook, each having had access to two briefing books bulging with fresh data and policy choices. Then it was Greenspan's turn, the meeting's moment of truth, when he delivers his interest-rate recommendation and the rationale for it. "Greenspan always has some striking insight, or some number that no one else has ever heard of before...
Burned at age 17 on her first go-round in Hollywood, following her debut in the 1990 Australian film Flirting (her co-star was Nicole Kidman, before she became Mrs. Tom Cruise), Newton returned home to Britain to study social anthropology at Cambridge and then went on to do small art-house films with directors like James Ivory (Jefferson in Paris) and Bernardo Bertolucci (Besieged). Now, at 27, she's back in Hollywood, with a meaty role opposite the movies' biggest box-office star in this season's surefire action thriller. Make that romantic thriller, because from the minute Newton...