Word: predictible
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That deal also looks promising to Signal Chairman Forrest Shumway. Both he and Hennessy confidently predict that the merged company will become a much tougher competitor around the globe. "I think that when you're competing in the international market, size is a very important factor because some of the European and Asian combines are very, very large," says Shumway. "Mergers that you know couldn't have been approved several years ago are now being approved because I think the Government has realized that if you're going to compete with some of these foreign Goliaths, you can't have...
Despite the talk of takeovers, the industry's current leaders seem determined to remain independent. Says Cetus' Fildes: "I can't predict the future, but I can tell you that Cetus is definitely not interested in being acquired by a large drug company. We think we have the products, the financing and the experienced people to build a very successful business on our own." Echoes Swanson of Genentech: "I believe we are well on our way to building a major, profitable pharmaceutical company." But Genentech, Cetus and the other pioneers of the brave new world of biotech still have...
That radio continues to flourish more than three decades after it was supposedly doomed by television will come as a surprise only to those who confidently predict the demise of every old technology the minute a new one comes along. Although radio was forced into the background by TV during the 1950s, the medium did not die; it merely took on new forms. As TV became the nation's main purveyor of mass entertainment, radio turned predominantly local and aimed to please smaller, more specific segments of the audience. The whole family might gather around the TV set at night...
Industry experts predict another Easy success. Traditional cruise lines, they say, won't be threatened unless Hadji-Ioannou adds bigger boats to the Riviera lines. The Greek-Cypriot entrepreneur last week said he was talking with the world's largest cruise operator, Carnival Corp., in hopes of finding a strategic partner...
There's no easy way to predict insulin resistance, a metabolic condition that can lead to heart disease and diabetes. But a study published online by the British Medical Journal suggests that waist circumference provides a good test. If your waist measures 39 in. or less, you're in the clear; above 39 in., you may be at risk...