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...Then there's 262 and 217, the Dow's gains Friday and Monday, respectively, as the index posted its biggest back-to-back percentage gains since September. Then there's 3.5 percent, Merrill Lynch's brand-new forecast for GDP growth, revised upward Monday from 2.0 percent, and Morgan Stanley's even more bullish Monday upgrade to a forecast of 4.5 to 5 percent. And those forecasts are just for the first quarter...

Author: /time Magazine | Title: Is Wall Street Getting Ahead of Itself? | 3/5/2002 | See Source »

...Festival received University funding as well as sponsorship by corporations including Showtime, JP Morgan, Charles Schwab and Goldman Sachs...

Author: By Emily M. Anderson, CONTRIBUTING WRITER | Title: Black Arts Festival Increases Profits | 3/5/2002 | See Source »

ZIMBABWE Election Fever In the run-up to this week's presidential election, opposition leader Morgan Tsvangirai of the Movement for Democratic Change was cautioned by police over allegations that he had plotted to murder 78-year-old leader Robert Mugabe, though Mugabe told visiting South African officials that Tsvangirai has not been charged with treason. In a confusing legal skirmish, one court overturned a law that disenfranchised many Zimbabweans, including expatriates, only to have the law reinstated later by another court. Mugabe's ZANU-PF party said it would accept any outcome of the election...

Author: /time Magazine | Title: World Watch | 3/4/2002 | See Source »

...fiscal year ending last March, according to just-released government figures. In 2001 foreigners accounted for almost a third of the mergers and acquisitions, says Thomson Financial, up from only 13% the year before. GE Capital, investor Wilbur Ross and the private-equity arms of firms such as J.P. Morgan are committing billions of dollars. "Despite all the uncertainties, there comes a point where you just can't ignore the opportunities here," says John Lewis, a partner at J.P. Morgan in Tokyo...

Author: /time Magazine | Title: High Tech: Foreign Invaders | 2/25/2002 | See Source »

...investor with less than $3 million may not get decent diversification, and advisers caution that private equity should be no more than 10% of a portfolio. "That level doesn't add a lot of overall risk but can juice returns," says Don Weigandt, a wealth adviser at J.P. Morgan Private Bank. The perfect candidate, then, is worth $30 million or more...

Author: /time Magazine | Title: Managing VIP Money | 2/25/2002 | See Source »

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