Jump to Navigation
Home

Main menu

  • Home
  • News
  • Markets Map
  • Sentiments
  • Topics
  • Data
  • Comments
  • Images
  • Blog
  • About

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • Discussions
  • The Housing Market Gets Bubbly Again
  • Why Merck Shares Are Cheap And Could Rise To $60
  • Lenovo posts record results
  • EU Corks Plan to Restrict Olive Oil in Restaurants
  • Diluent shortages could make for sticky situation for...
  • Video: See the first Apple computer, now worth more than...
  • High street blight: are pound shops better than empty...
  • Nissan recalls Micras over steering problem
  • Glencore and Trafigura 'may have supplied Iran'...
  • HEDGE FUND LEGEND: If One Of My Managers Is Getting...

    J.P. Morgan Clients Thirsty in San Francisco

    Tue, 01/13/2009 - 14:50 EDT - Portfolio.com - Daily Brief
    • Comments

    J.P. Morgan research analyst Geoffrey Meacham expects biotech executives attending the bank's healthcare conference in San Francisco this week to strike "a relatively optimistic tone" about their prospects in 2009.

    If only the bank's executives shared it.

    Yesterday, Dealbreaker sought to confirm the truth behind a reader's tip that J.P. Morgan "gave out a mug with instructions that feel free to use the water cooler but no drinks or snacks or cocktail parties will be provided."

    Not exactly, Portfolio.com can confirm. But close. Asked if this rumor was true, one attendee responded:

    "Mostly. There is no bottled water. There are coolers in each room at the back with paper cups next to them. There was no opening night cocktail party for the first time that I can recall. And, gone are boxed lunches. In are tables with half sandwiches, bags of chips and pretzels, and fruit. They are, however, providing cans of soda at lunch. No afternoon coffee or snacks, either.

    Attendance appears to be down significantly. I don't know the numbers but it definitely feels like there are about a quarter to a third fewer people here this year.

    Nonetheless, it's still the best healthcare investors' conference, and the JPM people are very pleasant to deal with."

    Let's hope the optimism from the 300 company presenters is enough to keep J.P. Morgan clients from nodding off in the afternoon sessions.

    A J.P. Morgan spokesman confirmed that total attendance this year is expected to be 6,600, down about 900 from last year but still in the range of levels in 2006 and 2007.

    The spokesman also said that coffee and tea were still being served all day, and that the decision to use water coolers instead of bottled water was an environmental one.

    "We have scaled back on some of the peripheral events this year and sought some efficiencies related to the event, but overall attendees should see little difference to the level of service," he said.

    by Megan Barnett
    Related LinksFor Biotech, Hope and Money Spring EternalLiquidity Is NoncontagiousBanks Back to Business




    • Original article
     

    Related

    • Drinking Diet Soda Linked To Depression

      Calorie-free drinks are not necessarily risk free. A new study has found a link between drinking diet soda or diet fruit drinks and an increased risk of depression.

    • Starbucks Just Unveiled A New $1 Reusable Cup For People Sick Of Wasting Paper

      Amid public pressure to curb trash from disposable cups, Starbucks is rolling out a possible solution Thursday: a $1 reusable tumbler. The Seattle-based coffee giant will start selling the plastic cups, bearing its logo and resembling the paper version, at all its company-owned stores in the USA and Canada in a bid to get customers to kick their throwaway habit.

    • Frontier Airlines Will Now Charge $100 For Carry-On Bags

      Some travelers on Frontier Airlines will now have to pay up to $100 for the right to place a carry-on bag in the overhead compartment, the budget carrier announced Wednesday.

    • Why Starbucks Stores In NYC Don't Recycle Cups Or Bottles

      Earlier this week, I went to a Starbucks in lower Manhattan and purchased a bottled water.  Once I finished the water, I walked around the store searching for a recycling can but couldn't find one, so I asked a barista for help.

    • Here's How Bloomberg's Soda Ban Will Affect Bottle Service At NYC Nightclubs

      Bottle service is a staple of the New York nightlife scene, and a lucrative business for clubs. But Mayor Michael Bloomberg's large-soda ban could affect the models-and-bottles lifestyle as we know it.

    • Why Doesn’t The Teavana Tea I Brew At Home Taste Like It Does At The Store?

      (caroline.angelo)

    • It’s Freebie Season: Now’s the Time for Free Coffee, Free Pancakes, Free Pizza, Free Ice Cream

      In what’s become an annual trend, the beginning of every year is marked by a flood of fast food discounts, followed by national giveaway days when consumers can scoop up pancakes, bagels, ice cream, and more for free. In both cases, the point seems to be that national chains and fast-food specialists want you to start off the new year thinking about—and consuming—their food and beverages.

    • It’s Freebie Season: Now’s the Time for Free Coffee, Free Pancakes, Free Pizza, Free Ice Cream

      In what’s become an annual trend, the beginning of every year is marked by a flood of fast food discounts, followed by national giveaway days when consumers can scoop up pancakes, bagels, ice cream, and more for free. In both cases, the point seems to be that national chains and fast-food specialists want you to start off the new year thinking about—and consuming—their food and beverages.

    • Starbucks $1 Coffee Cups Might Be The New Reusable Grocery Bag (SBUX)

      Starbucks' new $1, reusable cups are selling out.  About 28 percent of Americans have either purchased one of the cups or plan to, according to a study by YouGov Omnibus.

    • Obama urges 'immediate action' as Senate leaders take final crack at fiscal cliff deal

    Latest

    Central banks are stuck on a money printing treadmill
    Central banks are stuck on a money printing...
    Veteran fears 'beginning of the end' for Japan as bond market buckles
    Veteran fears 'beginning of the end'...

    User login

    • Create new account
    • Request new password
    • Click on the icon to sign in with your social network login or enter your Bullfax.com login

    Our Blog

    • Pandora: the charm might fade away
    • Japanese Market, Indian Rupee, China’s Stocks and Oil Prices in Our Daily Round-Up for 05/23/2013
    • IMF calls on Osborne to spend on infrastructure

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 1650.51 -0.29% FTSE: 6696.79 -2.14% Nikk.: 14483.98 -7.89% DAX: 8351.98 -2.14% HSI: 22669.68 -2.61% FX: EUR/GBP: 1.1681 USD/EUR: 1.2933 JPY/USD: 101.817 Commodities: Gold: 1391.25

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • Discussions