Word: rebounding
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...profit sink 35% in the first half of 2009. CLSA's Fischer, however, believes the industry is set for a turnaround. Cost-cutting measures implemented during the recession, he says, will help the casinos turn bigger profits amid the recovery. "Once you see revenue recover, you'll see earnings rebound even further," Fischer says...
Even in the current economic gloom, bankers have been loath to part with one massive perk of their jobs - the lavish bonus. Not surprisingly, this rankles everyday people greatly as they struggle to rebound from the turmoil of the past year...
...European Commission has moved in the short term to help farmers rebound from the global downturn. In January, milk prices fell so fast that officials reinstated export subsidies, a controversial measure that means European milk is sold to the rest of the world at artificially low prices, sometimes destroying local markets in poorer countries. In March, the commission started buying up butter and skimmed milk, raising the specter of new butter mountains. (Officials said because the purchases were temporary and on such a small scale, they resulted only in what could be described as "butter hillocks...
...performance. But despite its intentions, the Crimson once again finished mid-pack at its four regattas this weekend.“We were a little disappointed with our results as a team this weekend,” captain Liz Powers said. “We will look to rebound our next time out on the water.”The women’s squad once again brought home the best result, placing seventh at the Mrs. Hurst Bowl at Dartmouth College.Meanwhile, the Harvard co-ed lineup found a bit more trouble in its efforts at the Nevins Trophy regatta...
Aggrawal doesn't expect luxury retail sales to rebound until late 2010 or 2011 at the earliest. (See The Luxury Index...