Word: managerized
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The analysts don't always get it right, of course, and many stuck far too long with stocks that plunged. This could be yet another false bottom. Three times since the Dow's descent began in January 2000 the market appeared ready to turn higher, only to suck in investors...
DRUGS These stocks have traditionally commanded an above-market P/E because of their stable businesses and rich profit margins. People need medicine no matter how the economy performs. But lately there have been worries over patent expirations and a slim pipeline of new drugs. So the P/E for some has...
The hotel has now been restored to its former glory and once again, the "colonials" from Dili?this time U.N. workers helping to rebuild the country?crowd the dining room on weekends. The view is expansive, the menu limited. The cook has only two strings to her bow: fried beef...
So how come the crowd attending a convention of rural electric cooperatives in a Dallas hotel last week - men whose weathered faces spoke of long days riding tractors and branding cattle - was getting such a kick out of the afternoon's speaker, the African-American Democratic nominee for Senator? Ron...
Although independent observers have yet to visit a factory that produces Harvard apparel, Wu Hongjun, a manager at Shanghai Goldluck Necktie, was willing to describe general conditions in factories.