Word: toughs
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...traders will likely remain tough to wow. According to a draft that Reuters obtained of a final statement written for Thursday's conclusion of the summit of European Union leaders in Brussels, resolutions have largely been limited to approving the rescue plan and coordinated strategies of eurozone nations, along with vague promises of help when the crisis-aggravated recession sets...
That's because it starts with consumers, who will continue to use Google more than ever. In tough times, everyone looks for value, and what's more valuable than something you get for nothing? Google's search, maps, email and documents improve at an astounding rate, and the company continues to invest in making those products ever better, drawing in more users at home and work...
...Analysts also await Google's third quarter earnings announcement on Thursday as an indicator of how the technology company will be able to grapple with the tough economic climate. Ross Sandler, senior internet analyst at RBC Capital Markets, expects Google's revenue to be up 33.5% over the same time last year with a 3% growth rate from second to third quarter, even though its stock price recently sank to the lowest it has been in two years. "Google is down 25% in the last month or so, but ... there is nothing wrong with Google structurally," says Sandler. "Every company...
Message to Wall Street: Don't put away your worried faces just yet. Monday's 11% bounce on the Dow Jones industrial average was followed by a more solemn Tuesday, with the Dow sinking .8% as investors pulled back fearing tough times ahead. There's still a real economy out there - and it's still hurting. Shares in blue-chip companies fell yesterday as layoffs in places like PepsiCo loomed. In the days ahead, Wall Street will receive several reality checks that could take the fizz out of any good cheer brought on by the Dow's biggest...
...women’s squad competed against a tough field Saturday at the Naval Academy. Bad weather on both Saturday and Sunday allowed only five races in each division...