Chipotle Mexican Grill prelim $2.27 vs $2.30 Capital IQ Consensus Estimate; revs $700.5 mln vs $702.26 mln Capital IQ Consensus Estimate
CMG crushed in after-hours.Comments »
1. Mansa Musa I, (Ruler of Malian Empire, 1280-1331) $400 billion
2. Rothschild Family (banking dynasty, 1740- ) $350 billion
3. John D Rockefeller (industrialist, 1839-1937) $340 billion
4. Andrew Carnegie (industrialist, 1835-1919) $310 billion
5. Tsar Nicholas II of Russia (last Emperor of Russia, 1868-1918) $300 billion
6. Osman Ali Khan, Asaf Jah VII (last ruler of Hyderabad, 1886-1967) $236 billion
7. William the Conqueror (King of England, 1028-1087) $229.5 billion
8. Muammar Gaddafi (former Libyan leader, 1942-2011) $200 billion
9. Henry Ford (Ford Motor Company founder, 1863-1947) $199 billion
10. Cornelius Vanderbilt (industrialist, 1794-1877) $185 billion
11. Alan Rufus (Fighting companion of William the Conqueror, 1040-1093) $178.65
12. Bill Gates (Founder of Microsoft, 1955- ) $136 billion
13. William de Warenne, 1st Earl of Surrey (Norman nobleman, ??-1088) $146.13 billion
14. John Jacob Astor (businessman, 1864-1912) $121 billion
15. Richard Fitzalan, 10th Earl of Arundel (English nobleman, 1306-1376) £118.6 billion
16. John of Gaunt (son of Edward III, 1330-1399) £110 billion
17. Stephen Girard (shipping and banking mogul, 1750-1831) $105 billion
18. Alexander Turney Stewart (entrepreneur, 1803-1876) $90 billion
19. Henry, 1st Duke of Lancaster (English noble, 1310-1361) $85.1 billion
20. Friedrich Weyerhaeuser (timber mogul, 1834-1914) $80 billion
21. Jay Gould (railroad tycoon, 1836-1892) $71 billion
20. Carlos Slim (business magnate, 1940- ) $68 billion
21. Stephen Van Rensselaer (land owner, 1764- 1839) $68 billion
22. Marshall Field (Marshall Field & Company founder, 1834-1906) $66 billion
23. Sam Walton (Walmart founder, 1918-1992) $65billion
24. Warren Buffett (investor, 1930- ) $64billionComments »
This is nuts.
The man who was within sight of the presidency 12 years ago has transformed himself, becoming perhaps the world’s most renowned crusader on climate change and a highly successful green-tech investor.
Just before leaving public office in 2001, Gore reported assets of less than $2 million; today, his wealth is estimated at $100 million.
Gore charted this path by returning to his longtime passion — clean energy. He benefited from a powerful resume and a constellation of friends in the investment world and in Washington. And four years ago, his portfolio aligned smoothly with the agenda of an incoming administration and its plan to spend billions in stimulus funds on alternative energy.Comments »
While Obama’s connection to his Muslim family in Kenya is an acceptable topic for discussion in the Arab world, it is viewed as a ‘great taboo’ in the United States.
Why is that so? This ‘taboo’ should be considered unfair at best, purely prejudiced at worst. Is it fair that we censor such discussions just because Obama’s relatives are ‘Muslim’?
The Council on American Islamic Relations (CAIR) should condemn the media for keeping a tight lid on the subject. Isn’t it time to go beyond what is disclosed by President Obama in his Dreams from My Father or Wikipedia’s limited information, which includes the only photo released by the Obama family?
We will cover only three of the closest Kenyan relatives to president Obama:
1. Sarah, Barack’s beloved and benevolent grandmother
2. Sayid Obama, his closest favorite uncle
3. Musa Ismail Obama, his first cousin and Sayid’s main sidekick.
After President Obama was inaugurated, the Muslim side of the Obama family in Kenya boomed; it went from rags to riches overnight. They became one of the most influential families in western Kenya and even extended their sphere of influence to Saudi Arabia. When Sarah, president Obama’s grandmother (step-grandmother), decided to go to the Hajj, an obligatory pilgrimage to Mecca with Musa, president Obama’s first cousin, they were welcomed with open arms and were provided a special escort with full security detail and first-class treatment at the Saudi royal court:
His Royal Highness Prince Mamdouh bin Abdul Aziz accompanied the family of U.S. President Barack Obama in his palace in Jeddah after the performance of the Hajj this year. The event was attended by His Royal Highness Prince Faisal bin Thamer bin Abdul Aziz, and His Royal Highness Prince Abdul Aziz Bin Mamdouh Bin Abdul Aziz, and his HRH Prince Abdullah bin Nayef bin Abdul Aziz, and a number of other princes and officials.
The reason for such treatment—as explained in an exclusive interview with Musa Ismail Obama on Al-Jazeera—is that a close relationship was built with Saudi royals. Like president Obama’s call for education in the United States, the Kenyan Obamas embarked on a similar project.Comments »
Mitt Romney on Wednesday night turned in the finest debate performance of any candidate of either party in the 52 years since Richard Nixon faced John F. Kennedy, with the possible exception of Ronald Reagan’s demolition of Jimmy Carter in 1980.
But where Reagan won with style and quips – “There you go again” – and his closing line, “Are you better off now than you were four years ago?” Romney crushed Obama on both substance and style.
Mitt was like a contender so keyed up by his title shot that, between rounds, he could not sit on his stool, but stood in his corner to rush out and re-engage the champ the instant the bell sounded for the next round.
Obama was mauled, with facts, figures, anecdotes, arguments, jokes, quips. A smiling Romney was on offense all night. And the president’s performance seems inexplicable.
With the split screen showing his response to Romney’s swarm attacks, he appeared diffident, sullen, pouting, flustered, petulant.
Obama made no serious blunder. Yet, on the split screen, as Romney lectured him with a stern smile, Obama seemed a chastened schoolboy, head down, being instructed by a professor that if he did not get his grades up he would not be back next semester.Comments »
During 5,148,760 person-years of follow-up between 1995 and 2008, a total of 33,731 men and 18,784 women died. In age-adjusted models, the risk of death was increased among coffee drinkers. However, coffee drinkers were also more likely to smoke, and, after adjustment for tobacco-smoking status and other potential confounders, there was a significant inverse association between coffee consumption and mortality. Adjusted hazard ratios for death among men who drank coffee as compared with those who did not were as follows: 0.99 (95% confidence interval [CI], 0.95 to 1.04) for drinking less than 1 cup per day, 0.94 (95% CI, 0.90 to 0.99) for 1 cup, 0.90 (95% CI, 0.86 to 0.93) for 2 or 3 cups, 0.88 (95% CI, 0.84 to 0.93) for 4 or 5 cups, and 0.90 (95% CI, 0.85 to 0.96) for 6 or more cups of coffee per day (P<0.001 for trend); the respective hazard ratios among women were 1.01 (95% CI, 0.96 to 1.07), 0.95 (95% CI, 0.90 to 1.01), 0.87 (95% CI, 0.83 to 0.92), 0.84 (95% CI, 0.79 to 0.90), and 0.85 (95% CI, 0.78 to 0.93) (P<0.001 for trend). Inverse associations were observed for deaths due to heart disease, respiratory disease, stroke, injuries and accidents, diabetes, and infections, but not for deaths due to cancer. Results were similar in subgroups, including persons who had never smoked and persons who reported very good to excellent health at baseline. Full ArticleComments »
Citing a “resurgent Taco Bell” as being a threat and “nosebleed valuation” for CMG.
The stock is getting hammered on that news.Comments »
The stock is rising.
— RIMM reports Q2 gross margins of 26.0%; Street expectations 28.4%, Q1 28.0%.
— BlackBerry subscriber base increased to approximately 80 million global subscribers.
— Cash, cash equivalents, short-term and long-term investments increased by approximately $100 million to $2.3 billion at the end of the second quarter
— Cash flow from operations was approximately $432 million in the second quarter.
— Shipments of BlackBerry smartphones were 7.4 million and shipments of BlackBerry PlayBook tablets were approximately 130,000.
“Despite the significant changes we are implementing across the organization, our second quarter results demonstrate that RIM is progressing on its financial and operational commitments during this major transition,” said Thorsten Heins, President and CEO. “Subscribers grew to approximately 80 million global users, revenue grew sequentially from the first quarter, cash, cash equivalents, short-term and long-term investments increased by approximately $100 million to $2.3 billion, and carriers and developers are responding well to previews of our upcoming BlackBerry 10 platform. Make no mistake about it, we understand that we have much more work to do, but we are making the organizational changes to drive improvements across the company, our employees are committed and motivated, and BlackBerry 10 is on track to launch in the first calendar quarter of 2013.”