Word: sharping
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...merger of two of The Big Three is still on the table. The government may even force it as part of an aid package. Auto parts suppliers are in such bad sharp that some will go into Chapter 11 or outright liquidations before the middle of the year...
...Democratic wannabes, most notably Houston mayor and former Clinton Deputy Energy Secretary Bill White and former Texas comptroller John Sharp, are lining up for the potential Senate seat, leaving Perry and Hutchison to fight it out in the governor's race. "If people knew it was going to be [just] Rick Perry, you'd see folks willing to put their name forward," Democratic state representative Leticia Van de Putte told the San Antonio Express. "People understand in a general election that Kay Bailey Hutchison is such an intense brand, it's hard to get market share on that...
...Microsoft (MSFT) said its last quarter was bad, and looking out over the next six months, its businesses will probably deteriorate further. With sharp personnel cuts and the sale of its video game operation, the fortunes at the world's largest software company could rapidly change and the stock could outperform the market. Of course, management may be stubborn and there may be no restructuring at all. (See pictures of Bill Gates: The Early Years...
...such awkward moments did little to overshadow a beginning for the Obama White House that has been mostly on track. From the Inaugural Address itself, Obama and his staff have worked to mark a sharp change in policy from the Bush Administration, with a tightening of rules on ethics, interrogation policy and detention policy. Obama also began holding daily economic briefings with his advisers, much like the national security briefings that every President receives at daybreak. "He felt it was important that each day he receive the most up-to-date information as it relates to the economy," Gibbs told...
...price momentum. Cross-shareholdings, a mainstay of traditional Japanese business practice in which companies hold shares of other firms to cement friendly relationships, make stock-price losses a broadly shared pain. Not only are Japan's megabanks involved in cross-shareholding; auto and electronics manufacturers like Toyota, Nissan and Sharp are too. Companies and financial groups own about 20% of the shares on the Tokyo Stock Exchange...