He ier for Nonprofit Management at the University of Miami.
Paul Kangas is off tonight. A setback today for Martha Stewart. Former Merrill Lynch assistant Douglas Faneuil said he illegally passed on a secret stock tip to Stewart just before she sold her shares of ImClone.
Faneuil described a conversation he had with Stewart in late when she asked him what was going on with Sam Waksal and ImClone. He is the case. Prosecutors charge that Stewart and Bacanovic lied to investigators to hide questionable details about the ImClone sale. Faneuil went on to detail how Bacanovic, in the weeks following the ImClone sale, pressured him to support two separate explanations for the trade.
The judge also allowed the defense to question Faneuil about his use of drugs. The remaining big question in all of this is whether Martha Stewart will take the stand.
Experts say in celebrity trials, in particular, the jury is anxious to hear the celebrity tell her side of the story. But centrist Democrats believe voters who look closer will find a Clinton- moderate. They are going to learn he is pro-growth, that he is pro-fiscal discipline, that he wants to maintain tax cuts for the middle class.
As the former chairman of the Senate Committee on Small Business, Kerry has also shown a special concern for manufacturing. He has been a strong proponent of the new economy, of investments in innovation, the idea that innovation is now what is really going to fuel robust growth rates, and help generate the high paying jobs.
So far, markets have paid little attention to specific Kerry policies, says conservative political analyst Stuart Sweet, but that could change. Sweet helped organize the Republican convention. He expects Kerry to bounce ahead of Bush in the polls after the Democratic convention in Boston.
Overall, Sweet calls Kerry a centrist to left-of-center Democrat. He has not been at the forefront of many of the large fiscal fights. Well, the Dow appeared gridlocked itself today, although tech stocks were swept lower.
Bond prices weakened, with two reports suggesting a strengthening U. Oracle calls this its final price. The higher offer is the second time that Oracle has sweetened its bid for the rival software firm since launching its original offer last June.
PeopleSoft says its board of directors will consider the offer. It has previously rebuffed Oracle, saying it undervalued the company. I think we had an outstanding fourth quarter and a really powerful We delivered real solid earnings, great cash flow, and a significant increase in revenues.
And the most important thing is that we did all of this while we were integrating TRW, paying off an awful lot of debt, and helping to sell the automotive piece of TRW which we acquired.
Well, we had strong performance as a result of the organic growth of our existing Northrop Grumman businesses. Ships did extremely well, for example.
We also had significant benefit from the new TRW sectors in space and our missions systems sector. Is that going to be something that Northrop Grumman is having to catch up on? Where is this coming from, this particular charge?
Now you talked about integrating the TRW side of the company.Master of Business Administration / Master of Science in Finance, Boston College, Areas of Interest Research: Empirical Asset Pricing, Analysts and .
Feb 09, · Some highlights of business programming. (All times are Pacific time.)Today* 4 p.m.: "Market Week With Maria Bartiromo." (CNBC)* p.m.: "Nightly Business Report.
Jim Boulden is a correspondent for CNN's international programming based in London, where he covers a wide range of business and news stories.
Boulden reports regularly from around Europe into. SUSIE GHARIB, NIGHTLY BUSINESS REPORT ANCHOR: A damaging day for the defense in the case of the government versus Martha Stewart (MSO). The prosecution`s star witness tells all about Stewart`s sale of ImClone (IMCL) ashio-midori.com YASTINE, NIGHTLY BUSINESS REPORT ANCHOR: He .
PAUL KANGAS, NIGHTLY BUSINESS REPORT ANCHOR: Lennar gets burned by the housing downturn and pulls its financial forecast. We`ll look at why the home builder`s earnings are in . Karen’s Business Biography: In that role, she coordinated and edited one of the Sept. 11, , stories that won the Pulitzer Prize for spot-news reporting.
the Today Show, CNN and the PBS Nightly Business Report. She is a graduate of Duke University and has an MBA from Southern Methodist University. She and her husband, Scott.