Word: casey
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...increased interest owes in part (maybe mostly) to the fact that quants have done quite well of late. Casey, Quirk & Associates, an investment-management consultancy, took a look at institutional pools of money buying the stocks of large U.S. companies and found that those run by quants have consistently beat those run by nonquants since the beginning of 2003--by up to 2 percentage points a year...
...stumble the next, so their goal is simply to beat a benchmark index (say, the S&P 500 or the Russell 1000) by a few percentage points a year. "We're about hitting lots of singles," says Ronald Kahn, who runs advanced equity strategies at Barclays Global Investors. The Casey, Quirk survey found that quants take about half as much risk as nonquants. Over time, that habit of not losing as much money in down years adds...
...boosting his initiative, called Small Town Defenders. Although immigration ranks low among major issues for Pennsylvania voters, said Terry Madonna, head of the non-partisan Keystone Poll, it is clear that Santorum's position on immigration has helped him close the gap in a tough race against Democrat Robert Casey Jr. The issue plays well with a small core of Republican activists, Madonna said, and it also allows Santorum to draw a legitimate difference with the unpopular President Bush, who is otherwise closely associated with Santorum. The President favors less stringent restrictions on illegal immigrants, including a guest worker program...
...Casey McArdle was watching TV this morning when he heard about Dell's recall of 4.1 million Sony-made laptop batteries sold between April 2004 and July 2006. The TV showed images of exploding laptops, but the message from Dell was more subdued: "Under rare conditions, it is possible for these batteries to overheat, which could cause a risk of fire." At that moment, McArdle's Dell laptop, which he bought last year, was resting on his lap. Nervously removing it, he popped out the battery to check if it was part of the recall...
...when Shi'ite mobs went on a murderous spree in Baghdad's Sunni neighborhoods after the Feb. 22 bombing of the Shi'ite shrine in Samarra. By the time U.S. Defense Secretary Donald Rumsfeld made his latest visit to Baghdad last month, the assessment was more realistic. General George Casey, the U.S. commander in Iraq, told Rumsfeld that Shi'ite death squads were catalyzing a surge in sectarian violence. And General John Abizaid, the top U.S. commander in the Middle East, told a Senate committee in Washington last week that if the sectarian violence continued to spiral, Iraq "could move...