Word: lowerers
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...news from most other companies for the just-ended third quarter will be decidedly mixed. "The overall picture for the third quarter is very similar to the second quarter, with most firms beating expectations while the top and bottom lines [i.e., revenues and profits] are still lower than a year ago," says Dirk Van Dijk, chief equity strategist for Zacks Investment Research. Overall, Zacks' analyst surveys suggest that earnings for the S&P 500 will be down 23.8% from last year's third quarter...
...criticism of the ’40s and ’50s, left-wing magazines like “Partisan Review” and “Commentary,” Strand Bookstore’s 18 miles of used and rare books, Beat memoirs of life on the Lower East Side, Woody Allen films like “Annie Hall” and “Manhattan.” Even now, movies like “Synecdoche, New York” tap into the mystique of the creative mind in a way that wouldn’t transfer...
...much more representative unless millions more voters show up at the polls this time. But the deteriorating security situation and limits of the appeal of both candidates give little reason to expect that the rerun would see a voter surge; turnout in a runoff, if anything, could be even lower. (See pictures of election day in Afghanistan...
...dozens of outlet shops. By the end of 2007, same-store sales were dipping for the first time in years. Says the author: "Convenience acts like antimatter to aura and identity." Likewise, Motorola took its sleek, fashionable $400 Razr cell phone and flooded the market with it at a lower price. "It destroyed the Razr brand," says the author. "Consumers who once considered the Razr the high-fidelity phone now saw it as the cheap phone you get when signing a wireless contract." One consequence: Motorola's CEO left under a cloud...
...Koizumi retired on July 23, ending his 37-year career as a Representative of the Diet, but he missed the last day of the Lower House session because of a traffic...