Word: stockings
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...January. And rising fuel costs and chronic staff troubles could make it hard to get similar steps at BA off the ground. - By Adam Smith Trading Flaws Frankfurt's Deutsche Börse bowed to pressure from rebel shareholders and shelved its $2.5 billion bid for the London Stock Exchange. LSE shares promptly tanked. Pan-European rival Euronext, its remaining suitor, has yet to name a price...
...Sony lost its leadership in portable music players by failing to capitalize on the popularity of MP3 files--a gap that Apple's iPod has exploited masterfully. The company has been in turmoil ever since April 2003's "Sony shock," when it announced drastically lower sales and earnings. Its stock has dropped 66% over the past five years...
...those who haven’t been following this, Senior Gift Plus is an organization that has been encouraging students to boycott the regular Senior Gift. They hope to pressure the folks who manage Harvard’s endowment into selling Harvard’s stock in PetroChina, an oil company whose parent is doing business with the Sudanese government. They want to do this by having seniors give to an alternative fund. If Harvard divests from PetroChina, the alternative fund goes to the same place the Senior Gift money goes. If Harvard hasn’t divested by October...
Instead, U.S. "overconsumption" saved the day, providing demand for the world's goods and keeping emerging economies from imploding due to their own domestic consumption collapse, high debt, and excess production capacity. Our consumption was fueled first by a strong domestic stock market, and when that gave way, by falling interest rates and ample liquidity supplied by the Fed. Still, we suffered a brutal bear market and a recession before things began to improve in early...
...would park their money in cash at 2% and pay taxes when they could get 3.7% in tax-advantaged dividends in Citigroup stock and own a piece of the world's largest financial-services firm, one that is perfectly well-positioned to be the banker to the developing world's burgeoning consumers...