Or was the old-fashioned subscription model always a snare and a delusion, an easy-money honeypot that seduced growth-happy companies into losing sight of their artistic missions?
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If you are happy with the earnings growth implied in that fair value calculation, then you can still make a return in the stock, just not excess return.
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Hopefully in the coming year, the Federal Reserve can find a happy medium between stimulating growth and not keeping rates too low for too long, and lenders will again open up credit lines but also hold borrowers to a higher standard.
The main reason for this happy combination is higher economic growth, which will ease the pressure for reform.
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The result is a superficially happy picture: broad-based growth, falling unemployment, affordable borrowing and rising investment.
As happy as I am with the growth the past year, there are a lot of mistakes we made and things we need to do differently.
Bond spreads are an indicator of growth: investors are happy to take the risk of owning corporate bonds, and spreads come down, when the economy, and thus business revenues, are strengthening.
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With its stock having gone nowhere for several years, IBM has sought to placate investors with a big share buyback program and increased dividends, (See: "Behind Big Blue's Big Buyback") but the invention of new products such as the Power6 is another key way for the company to drive growth and keep investors happy.
That means keeping trade unions happy, even if reforms (and growth) have to wait.
Asian countries want to keep their exports cheap to support rapid growth and are in consequence happy to keep acquiring dollars indefinitely.
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For near everything they tell us about what makes us happy is positively correlated with that economic growth they wish to dismiss as being correlated with happiness.
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We might also say that it is the process of economic growth itself that makes us happy, not the level of wealth that we enjoy as a result.
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So far 3PAR management seems happy to sacrifice profits at the altar of growth.
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"The Germans will be happy if it is only saying the word growth, everybody wants growth, " said Mr. Chaney.
If the government was concerned only with growth, it might have been happy with this immediate revival of animal spirits.
The problem with this is that their own report shows that the absence of economic growth most definitely makes people unhappy: therefore we should indeed strive for economic growth in order to make people happy.
FORBES: World Happiness Report: Even Jeff Sachs and Richard Layard Don't Really Believe It
But if productivity growth suddenly increases, workers are initially happy with the previous pace of real wage gains, so unit labour costs decline, allowing both unemployment and inflation to fall.
We might say that economic growth is the outcome of our being made happy.
FORBES: World Happiness Report: Even Jeff Sachs and Richard Layard Don't Really Believe It
For dominant domestic banks the big obstacle to growth is the need to keep the regulators happy.
"A Sarkozy win will keep markets happy in the short term before questions arise over the growth plan, " wrote Lloyds Bank analysts Achilleas Georgolopoulos and Charles Diebel.
And measures can and should be taken to ensure that the future economic growth of the poor world, if that happy outcome occurs, does not unduly exacerbate the problem of global warming.
Fueled by a great university and benefiting from a culture that is happy to show anyone how to get things done, its growth over the last two decades has been remarkable.
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Nonetheless, some specific commodity growth stories don't depend on China for a happy ending.
Mr. Ballmer and his team hope Wall Street analysts will be happy with greed, by looking only at earnings, rather than growth.
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Step 1- Introspection on your self and your leadership Team: Are you making Growth using dataevidence based decisions or are you gut-happy decision-maker?
No 20th-century antibiotics or growth hormones on the premises here -- only healthy, happy cows with plenty of space to roam and graze.
Until this year American Commercial, had been happy to ride the surge in grain rates, with earnings per share growth of 15.3% from 2004 to 2006.
Over the past few years, the dollar has been strong mainly because foreign investors have been happy to finance America's external deficit, thanks to rapid economic growth and high returns, especially in its equity market.
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