December 30, 2001 |
Two emotions are said to rule financial markets: fear and greed. But 2001 on Wall Street may be better remembered as the year of fear and hope--in that sequence. For most of the year, major stock indexes were in decline, extending the slide that began in March 2000. Despite strong rallies in January and in the spring, the Standard & Poor's 500 index and the Nasdaq composite lost ground in five of the year's first eight months.
January 1, 2001 |
Brocade Communications Systems Inc. President Gregg Reyes said he is comfortable with consensus earnings estimates of 63 cents a share for the fiscal year ending October 2001, Barron's reported in its Jan. 1 issue. The San Jose-based maker of equipment designed to improve data storage in computer systems reported earnings of 28 cents a share for the year ended October 2000, adjusted for a stock split on Dec. 22.
November 11, 2001
Wednesday THE WASH Comedy Lions Gate With: Dr. Dre, Snoop Dogg, George Wallace. The idea: Capers, cons and a kidnapping liven up the workday at the car wash. Writer-director: DJ Pooh. So?: Dre-Snoop chemistry is a plus. Friday AUDITION Thriller American Cinematheque With: Ryo Ishibashi, Eihi Shiina. The idea: A widower conducts bogus film auditions to meet a woman, and gets more than he bargained for. Writer: Takishi Miike, based on the book by Ryu Murakami. Director: Miike. So?
December 31, 2000 |
The most important question to ask this New Year's weekend is not whether the economy will suffer a recession, but whether investments in technology and gains in productivity will pick up again after the current slowdown. There's no denying this is a worrisome period. Tight business conditions will greet the new year. Recession is possible as companies cut back spending on plants and equipment and lay off employees.
December 24, 2000 |
Will New Penney's Chief Fashion a New Look? Fashion? At Penney's? Don't be too surprised--the company's dapper new chief executive, Allen I. Questrom, has led the fanciest of fancy department stores. Among his previous gigs: heading Barneys New York, Neiman Marcus Group Inc. and the whole stable of Federated Department Stores Inc. Penney's, the nation's second-largest department store with fiscal 2000 sales of $32.5 billion, reached a stock high of $75 in 1998. Since then, however, J.C.
January 1, 2001 |
With cheers, fireworks and hugs, the third millennium officially began in the continental United States--a more subdued celebration than a year ago but, for many, still a great opportunity to party. The year 2001 clicked over in a chilly Times Square in New York City, while fireworks sprang to life along the Delaware River and New Englanders paused from digging out after their first major blizzard in five years.
CALIFORNIA | LOCAL
December 26, 2001 |
For Phil Bronstein, it was the year of the dragon. But for car-parts salvager Glen McElroy, 2001 had a turkey of an ending. Southern California lovers of animal stories had an arkful of weirdness to revel in this year, and none was more off-the-wall than the story of the newspaper editor and the toe-breathing dragon.