Word: ghaffari
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Unemployment is the wild card in all of this, and that's where the outlook gets murky and experts' crystal balls differ. Karen Ghaffari, a managing director at Fitch Ratings, expects unemployment to peak in the second quarter at 10.4% before slowly starting to decline. "It will average 10.2% for the year," which will impact consumer spending and confidence, she says. Howard Davidowitz, chairman of Davidowitz & Associates, a retail-consulting and investment-banking firm, is even more bearish, predicting unemployment will hit 11% before it peaks. "I think we're in for a very rough year...
...department stores, such as Macy's, Dillard's, Bon-Ton Stores, JC Penney, Neiman Marcus, Nordstrom and Saks, will likely be squeezed to bring in the biggest markdowns as these retailers typically rely on the holiday season to generate between 45% and 50% of their operating profits, says Karen Ghaffari, a managing director at Fitch Ratings...
...Roozbeh Ghaffari, one of the members of the winning team and an adviser of Diagnostics-For-All, said that the technology is still in the early stages in terms of commercialization...
...plan is in the next few years to have this as a platform for use in developing countries and urban settings where health care and medical devices may be at a premium,” Ghaffari said...
...Ghaffari, Sindi, and the rest of their team were one of two first-place winners out of 73 teams in the annual Harvard Business School competition. They competed in the social enterprise track as opposed to the traditional track and received...