Word: backings
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...easy to pick a stock that will earn you a stand-out return in a single year. Well, okay, maybe not "easy," but with just 12 months as a scorecard, there's a lot in the world that can put the wind at a company's back. In 2007, shipping companies had a fantastic year, thanks to a boom in commodities. In 2008, deep-discount retailers saw a major rally, in no small part because consumers were spooked by the financial crisis. (See the top stocks of the decade...
Take a longer-term view and success is a little trickier. That's why TIME asked investment-tracker Morningstar to pull together a list of the best-performing stocks over the past decade. On the eve of 2010, we figured it was time to take a look back and see which companies most thrived during the aughts. If a company can maintain its momentum over 10 years, maybe there's something to be learned. (See the best business deals...
Among the more interesting discoveries were pipe stems, ceramics with hand-painted designs, and glass bottles. The students who originally owned these objects didn't know it back then, but these will now be used by archaeologists to learn about life at this 17th century college. (Makes us think twice about throwing that empty Cape Cod chips bag on the ground.) These recovered artifacts have been donated to the Peabody Museum, where Fash serves as the director...
...right to know how much of their premiums are spent on administrative costs like marketing, salaries and profit. "If you buy a gallon of milk and you end up with half a gallon, you're not really happy about that. But in that case, you can take it back to the store and get mad." (See the top 10 health care reform players...
...setting a new national MLR floor is not the end of the equation. The CBO, in its report on the regulations, said insurers might react to new thresholds by "cutting back on efforts to restrain benefit costs through care management." Translation: Anything that doesn't count as "medical costs" may be on the chopping block, including exorbitant executive salaries but also programs to keep patients healthy. There is also a fear among health policy experts that some insurers could raise premiums in reaction - higher premiums means more money spent on health care, but also more left over for profits. Another...