Word: benchmarks
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...planning and budgets into an industry that has more hype than earnings in its bloodstream. Mullen's vision didn't immediately play well with biotech investors, many of whom prefer the promise of blowout growth to steady profits. Shares of both companies dropped sharply. Biotech's allure since the benchmark Genentech ipo 23 years ago has been its promise to deliver wonder drugs that will cure feared ailments like cancer and Alzheimer's; compared to that, budgetary discipline seems pretty dull. Yet with an exhaustingly long list of failed products and failed companies in its brief past, the biotech industry...
...investors, many of whom prefer the promise of blowout growth to steady profits. Shares of both companies dropped sharply. Who needs another giant drug company pumping out me-too pills, focusing on stuff it already makes and pinching pennies to deliver a steady income? Biotech's allure since the benchmark Genentech IPO 23 years ago has been its promise to deliver wonder drugs that will cure feared ailments like cancer and Alzheimer's. Yet with an exhaustingly long list of failed products and failed companies in its brief past, the industry each year grows closer to losing sway with...
...Leela Palace, tel: (91-832) 287 1234, is something of an institution, setting the benchmark for opulence in Goa for many years before the arrival of slicker competition. Its palatial lobby is still impressive, though some say the standard of service has fallen off in recent times. Take note though: Aman, the Singapore-based resort chain, just took over the running of the property and has plans to upgrade...
Confident in Radcliffe’s ability to defeat Northeastern, coach Liz O’Leary set a goal of winning by twenty seconds for the first varsity eight, a benchmark the boat missed by only a second...
...needn't get exotic. Many blue-chip government and corporate bonds around the world yield more than Treasuries and comparable corporate bonds in the U.S. So while the benchmark Lehman Brothers U.S. Aggregate Bond Index yields just 3.9%, you can pick up 5.6% with a high-quality fund like Evergreen International Bond, which buys mostly investment-grade debt and has outperformed its peer group over one, three and five years. About half its assets are in corporate bonds...