Word: lutze
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...among the verbiage were two parts of the economic forecast which mattered most. One was that almost all indications show credit tightening, "Unless we start seeing a reversal of the widening of a lot of these credit spreads, any equity rally is going to be short-lived," said David Lutz, managing director of institutional trading at Stifel Nicolaus, in an interview with CNBC...
...whether the current uproar will permanently tarnish the citizens' image of their country or diminish the confidence in the banking sector remains to be seen. "Right now, everybody is upset because UBS messed up," says Georg Lutz, a political scientist at Lausanne's Foundation for Research in Social Sciences. But Lutz points out that the Swiss had rebounded from scandals and corporate downfalls before, such as the controversy in the 1990s surrounding the dormant Holocaust bank accounts, or the collapse, in 2001, of Switzerland's former national airline. "At that time we were upset too, but we got over...
Whatever you call beer pong, it's ubiquitous. Bars across the country, like the LA Hangout in Lutz, Fla., host weekly tournaments and organize leagues. The Hangout's Sunday-night beer-pong crowd is usually 20 to 40 teams, mostly of players under age 30, including students, teachers and retail workers. "When we started it, no one had even heard of beer pong," says Paul Riebenack, one of the Hangout's two owners. "Now everyone seems to know what it is. Two and a half years later, it's more mainstream...
...world market for smart textiles is still small--about $550 million in revenue in 2008--but that could double by 2010, according to Massachusetts-based Venture Development Corp. The challenge is to fit applications to the market, says Lutz Walter, R&D manager at Euratex, a group representing the $326 billion European clothing-and-textile industry. "In the medical field, there's high value added. But to be approved as devices takes 10 years," says Walter. "In other areas, it's price: How much are consumers going to be willing to pay for a smart jogging shirt...
...excited to see this product!" he exclaimed Saturday in Lutz, Florida, outside of Tampa, while visiting a company called Opinicus, which makes "Level D" flight simulators...