Word: weakness
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...share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing in Hong Kong and Shanghai by Industrial and Commercial Bank of China (ICBC). Despite the fact that Chinese banks are known for their lack of transparency and weak management, ICBC was a wild success. Its share price at one point soared 70% above its initial offering price of 39? in Hong Kong. That pushed the bank's market cap so high that for a while it was valued as the second largest financial institution in the world behind...
...share offerings, up from $24 billion the year before. Among them was the largest IPO in history, November's $22 billion listing in Hong Kong and Shanghai by the Industrial & Commercial Bank of China (ICBC). Despite the fact that Chinese banks are known for their lack of transparency and weak management, ICBC was a wild success. In Hong Kong, its share price at one point soared 70% above its initial offering price of 39¢. That pushed the bank's market cap so high that for a while it was valued as the second largest financial institution in the world, behind...
...State Department. She went for months last year without a No. 2, before naming John Negroponte to the job last month. One of her most trusted advisers, Philip Zelikow, left in early January. Many in the foreign-policy community believe her team is thin and uncreative. "She has a weak bench," says a G.O.P. congressional aide. "And she can't be everywhere...
...Punter," the first message jumps at you, power chords blaring. "Then Sprint! ... And Make the Tackle. Just Another Day in the Life of a NFL Long Snapper." The key, he will tell you, is to grip the ball with your dominant hand like a quarterback would, and use your weak hand, or guide, for support. You release the ball through your legs with both hands, but your legs provide most of the power. "It's a full body motion," says Mannelly. He usually flicks 75 balls per practice session, and his favorite drill is to hit the goal post from...
...January, after an 18-month preliminary hearing that was the longest in California history, a judge ruled that the prosecution of the seven could go forward. But a week later District Attorney Ira Reiner dropped all charges against five of the defendants, calling the evidence against them "incredibly weak." The two remaining accused, Raymond Buckey, 28, and his mother, Peggy McMartin Buckey, 60, were to be tried last month. Now their day in court has been postponed and the case against them thrown into turmoil by the only element the tale seemed to lack, a touch of Hollywood...