A Perpetual Name On Wall Street’s Short Lists Is A Front-Runner At Merrill Having emerged as a leading candidate to succeed E. Stanley O?Neal at Merrill Lynch, BlackRock founder Laurence D. Fink may be the king of Wall Street’s C.E.O. short list.... Read Full Article Mama Miya! West End Musicals Get Ready To Conquer The East Already household names around the rest of the world, <i>Mao</i>, <i>Beican Shijie</i> and <i>Mama Miya</i> are coming to China. Sir Cameron Mackintosh... Read Full Article A Victim Of Caricature And Her Own Excessive Caution The biggest obstacle between Hillary Clinton and the White House is Iraq. It shouldn’t be that way, of course....... Read Full Article World Briefing | Africa: Libya: Qaddafi To Pitch His Tent In Paris Col. Muammar el-Qaddafi, the leader of Libya, will bring a heated Bedouin tent to Paris for receiving visitors when he arrives next week for a state visit, a spokesman for the French president, Nicola... Read Full Article Bombs In Southern Philippines Kill 6 As Talks Near The bombings came amid warnings that Muslim militants may try to disrupt this weekend’s Asian regional summit meetings.... Read Full Article |
Distributed NewsAT&T Giving $100 Million to Fight DropoutsThe gift, which will be distributed over four years, is among the largest corporate donations on record, but it is the second $100 million donation announced by a company this year.Read Full Article Media Talk: No Game About Nazis for NintendoDarkly illustrated and full of gruesome historical facts, a Holocaust-themed game called Imagination Is the Only Escape will not be distributed in U.S. markets.Read Full Article How Sturdy Is Your Sand Castle? It’s All About the WaterResearchers used X-ray microtomography to look at how the water is distributed in the mix with sand used to make a sand castle.Read Full Article Digital Music Sales Grow, but at Slower RateDigital music, distributed online or by mobile networks, accounted for $2.9 billion in sales worldwide, up from $2.1 billion a year earlier, the industry’s international trade group said.Read Full Article Fears for US consumer spending as Tiffany starts to lose sparkleFears that America’s credit crisis is spilling over to hit consumer spending were fuelled yesterday after Tiffany, the upmarket jeweller, gave warning that sales over the Christmas period had fallen.<br/> <br/> Shares in Tiffany plunged by more than 10 per cent after it admitted that like-for-like sales during November and December had declined by 2 per cent. The group also conceded that the poor sales performance had forced it to reconsider its forecasts for this year’s annual profits.<br/> <br/> Michael Kowalski, the chief executive, said: “We believe a recent pullback in US spending likely reflected a more cautious attitude among customers about the near-term direction of the economy and related factors.”<br/> <br/> Wall Street is nervous that, as the US heads towards a recession, aspirational shoppers will tighten their belts and opt to buy items from cheaper stores. Analysts have cited retailers such as Tiffany as being particularly vulnerable.<br/> <br/> Shares in the group are down by more than a third since the summer, when the US began to suffer the fall-out from the sub-prime mortgage crisis and tightening credit conditions.<br/> <br/> Yesterday Tiffany lowered its profit forecast for the year and said that it expected earnings per share of between $2.25 and $2.28, compared with earlier forecasts of $2.25 to $2.30. Both forecasts excluded an exceptional gain from the sale of its Tokyo flagship store and the jeweller$’s recent deal with Swatch to make Tiffany watches.<br/> <br/> The group also reduced its full-year sales growth forecast to 14 per cent from 15 per cent.<br/> <br/> During November and December, Tiffany said that total sales in the US had increased 4 per cent to $449.1 million ($£229 million), but it admitted that those sales were derived from fewer customers.<br/> <br/> At the flagship store on Fifth Avenue in New York, sales rose by 10 per cent, driven by the increasing number of tourists visiting the US, attracted by the weak dollar.<br/> <br/> International like-for-like sales rose 5 per cent, while total nonUS sales rose 12 per cent to $334.8 million. Total sales for the November-December period rose 8 per cent to $867.3 million, helped by sales growth in silver and engagement jewellery.<br/> <br/> Last month Tiffany and Swatch, the world$’s biggest watchmaker, said that they were going into partnership. Swatch said that it would set up a company that will use Tiffany’s designs and branding to sell watches that will be manufactured and distributed through the global Swatch network.<br/> <br/> The new company will be wholly owned by Swatch and based in its home country of Switzerland, while Tiffany will have one seat on the board and will receive an undisclosed share of the profits.<br/> <br/> Swatch, which has signed a 20-year agreement with Tiffany, will also manufacture existing Tiffany designs, add new ones and open stores under the Tiffany name outside the United States.<br/> <br/> Swatch had $4.4 billion of sales in 2006 compared with Tiffany$’s $2.6 billion for the same period.<br/> <br/> Analysts gave a warning to investors in December after the jeweller issued its third-quarter earnings. Even though sales for the period came in at the top end of Wall Street expectations, Tiffany had been forced to cut prices.<br/> <br/> Goldman Sachs told its clients that the shares were likely to suffer because of weakening American demand and tough comparisons with the year before.$Read Full Article External News for: distributedWristbands to be distributed for Palin book signing - Reno Gazette-JournalBBC NewsWristbands to be distributed for Palin book signingReno Gazette-JournalThe wristbands will be distributed beginning at 10 am on Dec. 9 at the Costco, located at 2200 Harvard Way. Palin's appearance is scheduled for 7 pm, ...Palin's 'rogue' side showed itself in St. LouisSt. Louis Post-DispatchWhy is the left so afraid of Sarah Palin?Examiner.comGaga for Palin: Crowds Flock to First Stop On 'Going Rogue' TourABC NewsBig Government (blog) -Chicago Tribune -RocNowall 5,528 news articles »Wristbands to be distributed for Palin book signing - Reno Gazette-JournalBBC NewsWristbands to be distributed for Palin book signingReno Gazette-JournalThe wristbands will be distributed beginning at 10 am on Dec. 9 at the Costco, located at 2200 Harvard Way. Palin's appearance is scheduled for 7 pm, ...Palin's 'rogue' side showed itself in St. LouisSt. Louis Post-DispatchWhy is the left so afraid of Sarah Palin?Examiner.comGaga for Palin: Crowds Flock to First Stop On 'Going Rogue' TourABC NewsBig Government (blog) -Chicago Tribune -RocNowall 5,528 news articles »Your MetroCard May Be Sending You a Secret Message - New York TimesNew York Times (blog)Your MetroCard May Be Sending You a Secret MessageNew York TimesLEE As part of an unannounced public art project, seven million MetroCards distributed this fall had a single printed word on the back: “optimism. ...Finding Optimism on Your MetroCardGothamistThe Days May Be Grim, but Here's a Good Word to Put in Your PocketNew York Timesall 9 news articles »Wristbands to be distributed for Palin book signing - Reno Gazette-JournalBBC NewsWristbands to be distributed for Palin book signingReno Gazette-JournalThe wristbands will be distributed beginning at 10 am on Dec. 9 at the Costco, located at 2200 Harvard Way. Palin's appearance is scheduled for 7 pm, ...Palin's 'rogue' side showed itself in St. LouisSt. Louis Post-DispatchWhy is the left so afraid of Sarah Palin?Examiner.comGaga for Palin: Crowds Flock to First Stop On 'Going Rogue' TourABC NewsBig Government (blog) -Chicago Tribune -RocNowall 5,528 news articles »Your MetroCard May Be Sending You a Secret Message - New York TimesNew York Times (blog)Your MetroCard May Be Sending You a Secret MessageNew York TimesLEE As part of an unannounced public art project, seven million MetroCards distributed this fall had a single printed word on the back: “optimism. ...Finding Optimism on Your MetroCardGothamistThe Days May Be Grim, but Here's a Good Word to Put in Your PocketNew York Timesall 9 news articles »Seven centers, one clinic get H1N1 vaccines - SDNN: San Diego News NetworkGlobe and MailSeven centers, one clinic get H1N1 vaccinesSDNN: San Diego News NetworkThe vaccine will be distributed to those in high-risk categories, including children, adults with chronic medical conditions, caretakers of infants younger ...More than 5 million doses of swine flu vaccine distributed, state saysPress-EnterpriseHundreds show up for free vaccinesCorning LeaderOntario unveils new ventilators for swine flu fightCTV.caBoston Globe -Richmond Register -phillyBurbs.comall 3,816 news articles » |
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