Word: amro
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...strawberry jam. Consider Dunkin' Donuts, owned by the British beverage company Allied Domecq. It doesn't release separate figures for its European shops, but they're not considered a success. "I'd be amazed if Dunkin' Donuts makes any money at all in Europe," says Andrew Holland, an ABN AMRO analyst in London. Indeed, Dunkin' Donuts closed its last U.K. outlet earlier this year. But the quality of Krispy Kreme's doughnuts is its biggest selling point. Even supposedly objective analysts gush when they talk about eating them. "It really is a cheap delight," says Wolf. That's why free...
...Dietrich Winkhaus promised a "very radical consolidation" at the company. Deutsche Telekom shares rallied 7% on the announcement of Sommer's resignation, but analysts were less than confident about its future. "There is no clear strategy and the company needs one," said Rodney Sherrington, a telecoms analyst at ABN AMRO in London. He said Sihler, chairman of Telekom's supervisory board until 2000, was "directly involved in the strategy that brought us to where we are today." There were three earlier attempts to remove Sommer, a former Sony Europe executive. Now that he has finally fallen, his successors face...
...third over the last year, a period during which Basu estimates that as much as a billion dollars has poured in from overseas. "When Malaysia is working well and hitting all the sweet spots together, it really roars," says Dominic Armstrong, regional research chief for Dutch bankers ABN AMRO in Singapore...
...Hutchison Whampoa and STT officials declined to comment on their strategy. Analysts say it's unlikely Global Crossing is a long-term play. "Hutchison has been getting out of fixed line," says Eddie Lau of ABN AMRO. "This would be a big departure from their strategy of focusing on 3G and mobile networks. Selling it down the road after demand comes back makes the most sense...
...down, losing $15 million a day and warning last month it would "perish" without a cash infusion. Even with the government's $15 billion post-Sept. 11 bailout, industry watchers are predicting a shakeout that could ground some big carriers permanently. "It's a horrible picture," says ABN AMRO airline analyst Ray Neidl. "And the fourth quarter will be uglier than the third...