Word: bitting
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...buying binge comes as commercial real estate rents and occupancy rates continue to plunge, leaving industry experts wondering if the rally was premature at best - and overdone at worst. "I'm a little bit more cautious in the near-term, given the rally that we've had and where valuations sit," says Michael Bilerman, a Citigroup Global Markets analyst. "They're trading at a 15% to 20% premium to NAV [net asset value]." He says he wouldn't be surprised if REIT stocks saw a 5% to 10% correction in the near-term. (Read "New REITs Pounce on Distressed Mortgage...
...image of an old wooden junk with orange sails is ubiquitous in Hong Kong lore. It's on matchbooks, advertisements and postcards in this famous port city, but the traditional wind-powered Chinese boat cruising Victoria Harbor is a rare site these days. The reality is a bit less picturesque: the second busiest port in the world is filled with diesel-powered ships, ferries and fishing boats that belch toxins into the infamously polluted Hong Kong skyline...
Perhaps we all should just admit that, on that cold Cambridge night in the Old Yard, the whole concert felt a little bit like HUDS: out of place. Now, if it had instead been “Girl Jam: a jam-a-capella re-jam of our favorite jams”, we probably would have really kicked back, and, well, jammed. But, though we may jam, perhaps we were just never meant to concert...
...Christian, too, has started to come around. "Certainly things have gotten a lot better," he says. "The British army has become a bit more sensitive in realizing that tourism is kind of touchy when it comes to big explosions...
...eloquent and a bit strange, like a true bohemian." - Goran Kojic, editor of Belgrade magazine Healthy Life, on being fooled by Karadzic's disguise as a New Age healer. Karadzic freelanced for the publication while hiding from authorities. (AP, July...