Word: high-end
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...official word came last week, to absolutely no one's surprise: the U.S. is in a recession. Tough times for retailers, right? It depends on what you're selling. In a tightened economy, everyone is looking for a bargain, which is bad for high-end stores but good for discounters like Target and Wal-Mart, both of which have seen sales spurts. It's also a boost for products that people turn to when times are tough...
...fourth quarter. What you're thinking is, When the economy gets back to where it was, will that company do about as well as it had been doing? If there haven't been any new hotels built and people are traveling again, the odds are pretty high that a high-end hotel will prosper. If it's in telecom, where wireless may have substituted for wire line, things will have changed...
WEITZ: I'll piggyback on the hotel business with Host Marriott. The stock is about $7.50. They own Ritz Carltons and Marriotts and high-end hotels. Going into this year, I expected them to earn about $2 per share, pay out $1.04 as a dividend, spend about 50[cents] on required maintenance and have about 50 cents left to reinvest in new properties. On that basis, the properties could be sold with one phone call for about $15 a share. So if it takes five years to get to $15, you make 15% a year. And I can't imagine...
...debt-burdened Swissair, which owned 49.5% of Sabena, was already suffering from a costly expansion strategy that had contributed to $1.7 billion in losses last year. Even far healthier BA had airline analysts worried before the attacks. It had embarked on a risky course to shift its business toward high-end flyers, cutting capacity while spending money to improve service...
...Fish and Bicycles The possibility that the segway will be viewed as simply a high-end toy, a jet ski on wheels, is one of Kamen's greatest concerns, especially after Sept. 11. He wants his machine taken seriously, as a serious solution to serious problems. That anxiety was one of the reasons he and his team decided to concentrate at first on major corporations, universities and government agencies--large, solid, established institutions--rather than dive straight into the consumer marketplace...