Word: roth
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...spark. The recession has forced diners to flee restaurants like Denny's, the Cheesecake Factory and P.F. Chang's and head to either cheaper fast-food joints or the comfort of home. "For Denny's, the core consumers are blue-collar families," says Anton Brenner, restaurant analyst at Roth Capital Partners. "They've been squeezed very hard." In the fourth quarter of 2008, same-store sales dropped 6.1%. Sales fell 3.7% for the year, and the company's stock price, at $2.14 a share, has dropped 30.5% over the past 12 months. "It wasn't a good year...
...case, a foundation, the Chais Family Foundation, purportedly worth $175 million before Madoff's arrest on Dec. 11, 2008. The foundation is now kaput, as is Chais' financial sub-empire and as is, for that matter, my retirement. Chais has several lawsuits pending against him, including one by Eric Roth, the Hollywood screenwriter...
...varies in snowfall or owning pickup trucks. 6. FM: What have the reactions been like from your colleagues? Your parents?BGE: My colleagues study a mix of subjects. We have people who study subjects that are absolutely sensitive...people who study fraud, people who study crime. My colleague Al Roth studies kidney transfers, including even the general possibility of selling kidneys. So no topic is off limits, and my colleagues have been supportive. Meanwhile, my parents are civil libertarians at heart. They support me in all things, and I’m greatly appreciative of that. 7. FM: You mentioned...
...debut, “I Love College,” Asher Roth takes us into his world of collegiate debauchery by inserting a DVD marked “Last Nite!” into the television and singing “That party last night was awfully crazy / I wish we taped it”—what a relief he did! The party he spends the next four minutes rapping about is a modern day version of National Lampoon’s Delta House, complete with mattresses falling from second floor windows, a strip poker game, and even...
...given all the worrisome economic news and negative market momentum, what would it take to turn a market bullish? Says Roth: "I'd become more bullish if I saw traders get very bearish and sell out, taking short interest much higher relative to volume." Beyond that sort of investor capitulation he'd also become more bullish, he says, if there were a big drop in long-term interest rates, especially in corporate bonds, which could prompt investors to shift their focus to stocks. At the moment, he says, it's a waiting game...