Word: benchmark
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Dates: during 1990-1999
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This vision is embraced by the individual investors (many of them trading online) who have driven Amazon's stock beyond any established benchmark of price-to-revenues. But many analysts and institutional investors view the stock as overpriced and believe the company faces a tangle of challenges. Its principal foe, Barnes & Noble, recently purchased the Ingram Book Group, the largest U.S. wholesaler to book retailers, including Amazon. This follows Barnes & Noble's sale of 50% of its website operations to giant publisher Bertelsmann AG, creating a potent synergy. Meanwhile, nine other major Web retailers, including CDnow and eToys, recently banded...
...13th, the temple of Solomon was destroyed on the 13th and Eve gave Adam the apple on the 13th." But the Bible says nothing of the sort. The text of Genesis is conspicuously silent on the date of this transaction with respect to Creation or any other benchmark--though one suspects that such reticence should not be a matter of great concern in light of the moral significance of this episode...
...prevailed on a key Senate funding vote in July by 58 to 37, winning over such former Republican critics as RICK SANTORUM of Pennsylvania and Daniel Coats of Indiana. On Friday, Clinton will preside at a White House swearing-in ceremony marking the program's 100,000th member--a benchmark the Peace Corps took more than 20 years to reach...
...another year of 20%-plus investment gains (and having anything to gloat over), along comes a sharp decline in interest rates that has been a boon to interest-paying securities. Bond prices rise as yields fall. And boy, have yields been falling. Just three months ago, the government's benchmark 30-year Treasury bond carried a yield of 5.72%. Last week it was as low as 4.72% before drifting up to 5.12% on Friday. Amid tumbling rates, the average, boring government-bond mutual fund rose 4.6% in the third quarter--a period in which stock funds fell an average...
...prevailed on a key Senate funding vote in July by 58 to 37, winning over such former Republican critics as Rick Santorum of Pennsylvania and Daniel Coats of Indiana. On Friday, Clinton will preside at a White House swearing-in ceremony marking the program?s 100,000th member -? a benchmark the Peace Corps took more than 20 years to reach...