Word: caps
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Dates: during 2000-2009
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...less than 19. But some, like power-systems giant Eaton, have become expensive. Even if rates rise, banks like Bank of America and Bank One, which have below-market PEs, should rise as loan demand and credit quality improve. And it may pay to think small. In general, small-cap and mid-cap companies have more attractive valuations. Focus on well-run mutual funds that invest in companies with market values of less than $5 billion. Two solid choices are CGM Focus and Armada Small Cap Value. Remember, eventually stocks will rally...
...when Graham went nuclear himself, publicly threatening to join a campaign by local Democrats to block the shipments with armed troopers. That, plus Graham's reputation as a maverick, got the White House's attention. Rove stepped in, calling Graham two weeks ago and okaying a deal that would cap any fines at $100 million a year, sources say. Graham is now working with Daniels' aides to codify the deal into law. Then the plutonium will move, two Republican Senate candidates will get what they want and so will Rove. --By Michael Weisskopf
...disappointed looks, as though they've missed the party; they make do with bottles of Beer Chang instead of the opium pipes they had perhaps hoped for. "This is a bit of a bummer, man," moans Robert, a goateed 25-year-old traveler from New Jersey, sporting a knitted cap in Jamaican colors, as he tucks into a plate of oily phad thai. "I don't know what I was expecting, but it wasn't this," he says, as a bus disgorges a load of German package tourists. "I mean, this is the Golden Triangle, man. I was hoping...
...figure represents a cap on the council’s budget for the developer. Initially Morgenstern had suggested offering that sum up front, but an amendment to the bill said the job would go to the lowest bidder instead...
Under the Staff’s proposal, those not receiving honors could more accurately be said to be dishonored. To make honors honorable again, the Faculty should cap honors at a much lower level. If, say, only 10 percent of graduating seniors received honors, such distinction would only be awarded to those truly academically honorable students who had distinguished themselves by the highest academic standards of their peers. Inflation of honors is banal and indefensible. Harvard should at last take some real steps to solve a problem of its own making...