Word: sankes
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...Acer's lowball strategy is not without trade-offs. Despite market-share gains, revenues in the first quarter fell 6.5% from a year earlier to $3.5 billion, while operating income sank 6.1% to $75.8 million. (Wang still expects Acer to match or slightly exceed its 2008 operating profits in 2009.) Bryan Ma, a computer-industry analyst at IDC in Singapore, says Acer risks tarnishing its brand in the long run. But during the recession, Ma says, Acer's product mix will help it outperform. "They're in the right place at the right time," he says...
...short. Former Governor Romney, for example, supported the creation of a national catastrophic fund, as well as a ban of guns that threaten the police and had a vision for universal health care. He eventually migrated from the center, however, drawing accusations of populism, while a number of myths sank the candidacy of the former mayor of New York...
HGTV's $250,000 Challenge, debuting May 31, is set in housing-busted Sherman Oaks, Calif., where five families compete in a home-renovation contest to win the titular sum. One family sank everything into a home it bought a year and a half ago, which has since lost $150,000 in value. A single mom faces foreclosure. A laid-off father of two says, "Unless we win this, we could be the next for SALE sign on this block." (See the top 10 TV series...
Financial stocks - banks, brokers, asset managers - led the stock market down earlier this year, and almost left the stage as many shares sank into single digits. In recent weeks, however, the group has reversed course, rallying strongly, and even led the market to a robust gain on Monday, with the Dow rising 235 points. So is this the sign of a true financial-stock recovery, or a seductive bear trap? TIME contributing editor John Curran caught up with Oppenheimer & Co. chief investment strategist Brian Belski, who was in Tel Aviv on Monday, to get his view on banks...
...company's 14,000 U.S. stores now sell these drinks, and this week McDonald's will roll out a national advertising campaign trumpeting the McCafé section of its menu. The timing of the rollout just happens to coincide with the struggles of Starbucks, whose earnings sank 77% this past quarter, mainly because of charges related to store closures and falling real estate values. McDonald's will gladly kick a double-soy-latte-drinking competitor while it's down. "This is shock and awe," says Steve West, restaurant analyst at Stifel Nicolaus. (See nine kid foods to avoid...