Word: morgan
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...records worldwide since 1996. But the company has been burned before: in 2001, it signed Mariah Carey for $100 million. After her first EMI release flopped, the company paid $55 million just to break her contract. But the agreement with Williams is "more than a record deal," says JP Morgan analyst Nick Henry-Stolz. "This deal is the first of its kind to integrate nonrecording activities such as touring and merchandising - he's an enterprise." That's a big contrast to stars like Britney Spears, who usually contract with licensing agencies for these activities. CD sales fell...
...foreign currency bonds to five levels below investment grade, making it even more difficult for the government to borrow money and putting additional pressure on Brazil's foreign currency reserves. This despite the fact that many of the fundamentals remain sound: Although this year's growth figure predicted by Morgan Stanley is a sluggish 0.6 percent, Brazil has managed to maintain a healthy level of exports - an annual $70 billion's worth, an amount 75 percent higher than its current level of foreign currency reserves...
...mostly went to private schools, but we’re not exclusive,” says one guy earnestly. Shortly after, a gaggle of Abercrombie-clad women make an entrance and Billy Joel’s “Uptown Girl” blares from the stereo. Captain Morgan flows freely and the conversation turns to the oversized Head of the Charles poster on the wall and the semi-illegal methods through which it was acquired. Discussion of covert nocturnal pole-climbing ensues, which, as the offending party explains, “is very easy when you are lanky...
Ferguson, who has in previous years served as a visiting professor at NYU, will attend NYU’s Second Global Alumni Conference in Florence, Italy, at the end this month, participating the panel “From the Medici to Morgan: High Finance and High Culture...
...inflationary times find their debt harder to repay if they get a further cut-a terrible prospect in this period of record credit-card bills. Deflation has devastated Japan since its 1980s bubble burst. "But you don't need to be Japanese to worry about it," says Stephen Roach, Morgan Stanley's chief economist. Now that the American and European stock bubbles have popped, Western economies are feeling similar pressures. August inflation in the U.S. was only 1.8% and in Germany only 1%, both dangerously low. Yet central banks continue to base their policies on avoiding high inflation. They...