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...Chinese mom-and-pop investors tried to convince themselves they would be spared bloody noses because Beijing was hosting the 2008 Summer Olympics. Feel-good investor sentiment surrounding the August Games, the thinking went, would prop up overvalued stocks, allowing time for revenues of booming Chinese companies to grow into their inflated share prices. When markets were peaking last fall, some investors predicted that the government would tweak the economy to keep it roaring during the Olympics year, and that if all else failed, China's regulators would find ways to prop up a plummeting stock market, so that disgruntled...
...McDonagh, too, and he's looking forward to making another movie. But not yet. "Everything's been a whirlwind since my first play, and I haven't had time to step back and analyze that," he says. "I just need some quiet time to write, hang out and grow up." And to hone that twisted sense of humor. "I'd actually like to try a romantic comedy," he says with a grin. "A different kind. One with dead kids in it." Odds are, he's only half joking...
Vodka, like liquid kudzu, just seems to grow and grow, especially in the U.S., where sales have expanded 35% since 2002. Russians still account for nearly half of the 1.22 billion gal. (4.6 billion liters) consumed annually, but the rest of the world is catching up fast, and global growth prospects are huge, especially for so-called premium vodkas. "There was no way that an ambitious company like Pernod Ricard could pass up an opportunity to acquire Absolut, even though it has cost them dear," says senior drinks company analyst Jeremy Cunnington of Euromonitor International...
...business at P&G? We try to grow our organic sales, which means--not including any acquisition, not including any currency, all of that--4% to 6% a year in markets that grow a couple of percent a year. So we're obviously trying to build our share. We try to grow our earnings per share by double digits. We have very comfortably been doing that this year. And we think we'll finish the year and deliver that...
BACK TO THE FUTURE Back in 1403 WJH, the psychology professor starts to grow restless. He’s still charming, but it’s clear he wants to get back to work...