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...Zack's consensus of analysts estimates is for a 27% earnings rise for S&P 500 stocks in 2010, but even if this is achieved companies will be earning 9% less in 2010 than they did in the peak 2007 period. Steven Wieting, a managing director and U.S. economist at Citigroup Global Markets, says it will likely be 2012 or 2013 before earnings reach the levels attained in 2007. Maybe by then we'll be back to the stock-market highs that occurred...

Author: /time Magazine | Title: Big Earnings Gains May Not Lift Stocks | 1/15/2010 | See Source »

Cougars may have momentum these days, but their relatively small cruise-passenger numbers thus far may have cost them the Carnival business. Unlike other groups like the gay and lesbian communities, which fully charter ships for themselves on themed cruises, the cougars have less leverage because they're just one group among many passengers onboard. Says Carolyn Spencer Brown, editor in chief of the website Cruise Critic: "In a contained environment like a cruise ship, if other passengers find anything potentially offensive about your group's theme, it can be a problem. That's why it's better to take...

Author: /time Magazine | Title: Why Cougar Cruises Proved Too Hot for Carnival | 1/14/2010 | See Source »

...concern, obviously, when you’re making so many changes—especially so much less travel—is that we could have experienced significant decline,” he said. “The good news is...that the changes we made did not lead to a decline but rather to an increase...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Harvard Receives Record-Breaking Number of Applications | 1/14/2010 | See Source »

...state, Cott said, is concerned with responsible adults supporting the dependants in their households, and whether the adults are the biological parents of those dependants is less of an issue—which the history of domestic relations law makes clear...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Harvard History Professor Testifies in Proposition 8 Case | 1/14/2010 | See Source »

...Risk game board with territories grabbed pell-mell over the years in a scramble for land and influence. Malaysia has set up a diving resort on one of its own reefs, while most other nations have military posts on their islands. "The ASEAN model has been more or less useless," says Simon Shen, a professor of international relations at the Chinese University of Hong Kong. "The official discourse is [for claimant nations] to co-develop [the islands], but this is almost impossible given the nationalism the dispute inspires...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

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