Word: losinger
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Yahoo! (YHOO) and Time Warner were downgraded by a Wall St. analyst yesterday. His reason for cutting Time Warner is that, once its cable systems have been spun-out to shareholders, its crown jewels which include Time Inc, AOL, and networks such as CNN were not worth the multiple at...
But because of the scale and severity of the global recession, companies appear to be fighting a losing battle. As losses mount and order books shrink, mass layoffs are necessary for survival. In Japan, where carmakers and consumer electronics manufacturers are confronting unprecedented losses, many of the country's most...
More tempting for the MPs: the issue of bankers' pay. Goodwin, who said he went without a bonus last year after stepping down eight years into the job, admitted he has lost $7.4 million as RBS shares have plummeted. Amid reports that the bank plans to pay its existing staff...
Harvard’s endowment, valued at almost $37 billion last June, was buffeted by current financial conditions, losing roughly 22 percent of its value by the end of October and sending the University scrambling to find ways to trim costs. Amidst subsequent belt-tightening measures—including a...
Outmanned and outshot, the Harvard men’s basketball team extended its losing streak to four straight games Friday night, falling 87-66 to Yale (8-11, 3-2 Ivy) at Lavietes Pavilion. Down by only five at halftime, the Crimson (9-10, 1-4) went 30 percent from...