Word: morgan
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Among them are students like freshman Morgan Altizer, 18, of Thousand Oaks, Calif., who turned down UCLA's honors program to attend A.P.U. Altizer, a runner, says she reached her decision after she met each school's track coach. At UCLA, "they wanted to know, 'How fast can you run? How high can you jump?'" Altizer says. "Here, the coach wanted to know about my whole person, about my spirituality." The philosophy major admits she still grapples with her decision. "Sometimes I ask myself, 'Why am I at a Christian school? No one's gonna respect me [academically],'" Altizer says...
Certainly there's no guarantee that the merger will succeed. The vast majority of big-bank combinations have failed to deliver on their promise, largely as a result of a clash of cultures and loss of focus, and the new J.P. Morgan Chase will still lack the global reach and insurance breadth of Citigroup (the former might also want to acquire a retail brokerage). But as much as anything else, investors are banking on Dimon's stubborn pride to make sure this one will be different. Weill and Dimon may have patched things up at a personal level--indeed, Weill...
Dimon's Big Deal Prodigal son Jamie Dimon returns to Wall Street with the surprise $58 billion merger of Bank One and J.P. Morgan Chase...
...global $60 billion beauty industry, being first feels familiar to L'Oreal. Analysts expect that 2003 sales, to be released this week, will hit $18.2 billion, allowing the company to achieve its 19th consecutive year of double-digit earnings growth. According to Morgan Stanley, L'Oreal is the only cosmetics company over the past five years to have maintained or grown its market share in categories like cosmetics and hair care, both globally and in the U.S. Consider Maybelline, the U.S. mass-market cosmetics house that L'Oreal acquired in 1996. The French giant revamped the brand's drab packaging...
...think about where to deploy assets this year and beyond, save room for dividend payers. Byron Wien, market strategist at Morgan Stanley, predicts that a surge in the prices of stocks with a yield will be one of the big surprises of 2004 and that the year's winners will include Pfizer, Wyeth, Bristol-Myers, GE, Microsoft (it started paying a dividend last year), Coca-Cola and Altria. Any number of mutual funds focus on dividend payers. Among the best are Fidelity Dividend Growth, T. Rowe Price Dividend Growth and (if you invest through a broker) Capital Income Builder from...