Word: benchmark
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Dates: during 2000-2009
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...down the stretch. The New York Yankees have also reported strong luxury-box sales for their new stadium. On Oct. 19, the first day of a public auction for personal-seat licenses that give you a right to buy season-ticket packages for future games, the Jets exceeded their benchmark target of $25,000 for the premier seats in their new stadium, according to CNBC. (Though prices have dropped since then.) Overall, baseball's 2008 revenues rose to $6.5 billion, from $6 billion last season, and NHL season-ticket sales are up almost...
...that the package - which totals some 13% of Korea's GDP - will "go a long way toward stabilizing the jittery financial markets in Korea." Fitch Ratings added that "these measures will ensure sufficient U.S. dollar liquidity to the banking system and real economy." Investors responded positively, but cautiously. The benchmark Kospi stock market index rose 2.3% on Monday, while the won gained 1.4% against the dollar...
...recent months have sent the VIX to its eye-popping highs. The index is calculated from the price of options - a deal to buy or sell an asset at a fixed price and time - linked to the S&P 500. As the value of that index plummets - the leading benchmark of U.S. stocks has lost about a third of its value this year - investors are scrambling to pick up options in order to hedge against those losses. That, in turn, drives up option prices, as well as the VIX. In other words, the higher fear levels get, the more...
...case, warnings had been sounded for some time, including from inside the company. In an internal memo published in Australia's Fairfax newspapers in August, a disgruntled executive complained of a "culture of greed." In other companies, he wrote, "acquired projects are actually required to generate a certain benchmark return before bonus payouts take place. Instead, we have created an environment where senior people are rewarded for ... ginning up rosy projections to justify their rewards...
...proficiency tests, such as Wisconsin or Mississippi, had few schools that failed to meet testing standards. States that were hardest hit were those with difficult proficiency tests, like South Carolina, where 83 percent of schools failed to meet their targets. The sharp disparity provides further proof that a nationwide benchmark of total proficiency by 2014 is an unworkable deadline. Beyond the inconsistencies and idiocies of the testing regime, schools are also having a hard time reaching mandated proficiency standards because No Child Left Behind still suffers from severe underfunding. While it’s true that funding...