Word: weekes
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...anymore. Earlier this week, aluminum giant Alcoa posted fourth-quarter results that fell short of Wall Street's expectations, triggering a sell-off in the company's shares. The company reported a loss of 28 cents a share, which was narrower than the $1.49-a-share loss a year earlier. However, it missed analysts' projections. Investors were particularly miffed at Alcoa's revenue number, which totaled $5.43 billion, down 4.6% from $5.69 billion a year ago. Analysts had been expecting revenue growth. Investors subsequently dumped shares, causing the stock to plunge 11%, its worst one-day drop since last March...
Meanwhile, temperatures dropped below freezing on both Jan. 11 and 12. Which means farmers like the Storys will fight the rest of the week to keep the town's name intact...
...Westerwelle also opened up a can of worms last week by raising the controversial issue of Turkey's E.U. membership bid while on a trip to Ankara. The Foreign Minister voiced support for the country's accession talks - stalled for years by opposition from Germany and France - by saying it was in Germany's interests to forge close links between Turkey and the E.U. The CSU hit back immediately by reiterating its opposition to Turkey's E.U. membership, saying it was ready to offer a "privileged partnership" to Ankara instead. In the past, Merkel has backed a privileged partnership instead...
Rosenberg believed that Colom was involved in the Musa killings, which remain unsolved. In the video, recorded the week before his death, Rosenberg alleged that Colom, his wife and two associates were using the state-owned development bank for money laundering. The group then ordered the Musa killings to conceal the scheme, Rosenberg alleged...
...week began with Turkey needlessly slapped in the face, but by Wednesday, it was the turn of Israel's Foreign Ministry to suffer a public humiliation, being forced to grovel for Ankara to accept its apology. "Those who thought that nominating Lieberman to be Foreign Minister would not create problems for Israel were once more shown to be mistaken," a senior Israeli official speaking on condition of anonymity told TIME. "It was a disgrace to us all as Israelis." The Israel-Turkey relationship looks likely to absorb this week's contretemps, with neither side looking to escalate. On both sides...