Word: though
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...necessarily reflect the growth of the underlying business. Indeed, most companies have just wrapped up a year of dismal quarterly results where many slashed jobs and other expenses to weather the debilitating recession and frozen credit markets. Thus, the near-term earnings may look much improved even though demand for a company's products may have slumped. "Cost-cutting has been the major force driving earnings and earnings surprises," says Dirk Van Dijk, chief equity strategist at Zacks Investment Research, which monitors earnings projections from Wall Street analysts. And "clearly companies cannot continue to grow earnings forever based only...
...like China seemed determined to block any progress, and the U.S. itself - which still hasn't passed a carbon cap of its own - lacked much diplomatic leverage. As late as the evening of Dec. 16 - just two days before the Copenhagen summit was due to close - "it looked as though we were headed to failure," said Todd Stern, America's top climate envoy...
...Though concerns have persisted over compensation at HMC—where managers can net millions of dollars—top officers at the University itself earn modest salaries in comparison with administrators at peer institutions like Columbia and Yale, and have avoided similar criticism...
...eight-month investigation found that Rosenberg asked two cousins of his ex-wife to arrange the killing of a man who was extorting and threatening him. The extortionist was fictitious, though, and Rosenberg was actually planning his own assassination. Unaware that the target was Rosenberg, the cousins contracted 11 hit men, more than half of whom are former or current military or police officers, to carry out the killing, investigators said. (See the top 10 news stories...
...many Filipinos, owning a firearm is both a status symbol and perceived as a necessary means of protection, says Lim. The police estimate there are over a million illegal firearms on the loose. Though trust-building and improvements to efficiency have been implemented to improve the police force's image in recent years, there is still a deep public skepticism over the competency of the force...