Wednesday, December 5, 2012

Corporations Just Beginning to Tally Sandy's Costs | Synopsis

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Corporations Just Beginning to Tally Sandy's Costs

Excerpt:

Corporate America is just starting to add up its losses from Superstorm Sandy, expected to be one of the most expensive storms in U.S. history. Delta Air Lines and Verizon were the first two major companies to state the obvious, saying Friday that they will lose money because of the storm. Delta had to cancel thousands of flights, while Verizon had cell towers blown out of commission and its offices flooded. Early estimates say Superstorm Sandy may have caused up to $50 billion in economic damages, after shutting down the country's largest transportation system and knocking out power for millions of homes and businesses. As companies turn the lights back on and employees return to their desks, experts say more companies will follow Delta and Verizon in the coming weeks as they tally up the storm's costs.

People:

Superstorm Sandy

Overall Sentiment: -0.246962

Relevance: 0.700793

Joe Leopoldi

Overall Sentiment: -0.0567068

Relevance: 0.498328

SentimentQuote
0"Business has tripled," said Joe Leopoldi, ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: 0
  • Mean: 0
  • Standard Deviation: 1.4142135623731

Burt Flickinger III

Overall Sentiment: -0.0945397

Relevance: 0.491535

Dan Greenhaus

Overall Sentiment: 0.109066

Relevance: 0.389392

SentimentQuote
0"We know trees are down, power is out and houses have been swept away," said Dan Greenhaus, ...
0.235685"We know trees are down, power is out and houses have been swept away," said Dan Greenhaus, chief global strategist at the brokerage BTIG in New York. "But it's going to take a lot of time to assess the damage. This could be a story well into the first few months of next year."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0.235685
  • Mean: 0.1178425
  • Standard Deviation: 0

grills

Overall Sentiment: -0.0159466

Relevance: 0.382266

SentimentQuote
0"That's more chainsaws than we normally sell in a year," he said. ...
0"That's more chainsaws than we normally sell in a year," he said. "This isn't a typical hardware week."
Sentiment Stats:
  • Number of Quotes: 2
  • Aggregate Sentiment: 0
  • Mean: 0
  • Standard Deviation: 0

Gov. Chris Christie

Overall Sentiment: 0.0990018

Relevance: 0.358625

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

FieldTerminology: Retail stores

Overall Sentiment: -0.753366

Relevance: 0.356749

City: New York

Overall Sentiment: -0.0905955

Relevance: 0.481727

Disambiguation: PoliticalDistrict | GovernmentalJurisdiction | PlaceWithNeighborhoods | WineRegion | FilmScreeningVenueReferences:

City: Brooklyn

Overall Sentiment: -0.200262

Relevance: 0.345671

Disambiguation: GovernmentalJurisdiction | PlaceWithNeighborhoodsReferences:

Country: U.S.

Overall Sentiment: -0.131159

Relevance: 0.373304

Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:

Continent: America

Overall Sentiment: -0.18807

Relevance: 0.370089

Company: Verizon Communications Inc.

Overall Sentiment: -0.011755

Relevance: 0.89523

Company: Delta Air Lines Inc.

Overall Sentiment: -0.248401

Relevance: 0.759789

Company: Delta

Overall Sentiment: -0.0944243

Relevance: 0.518066

Company: Lowe's Cos.

Overall Sentiment: -0.0111724

Relevance: 0.33666

Company: Strategic Resource Group

Overall Sentiment: 0.0310641

Relevance: 0.308259

Organization: Red Hook

Overall Sentiment: -0.56102

Relevance: 0.360309

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