Word: discounts
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...cities over the next 11 weeks to point out flaws in the measure. HHS spokesman Bill Pierce accuses Democrats of trying to poison seniors' attitudes toward the new law with "cynical politics." Republicans are hoping it will get a warmer reception by June, when seniors can start buying drug-discount cards from Medicare. Administration officials estimate that the cards, which will cost up to $30 annually, will save seniors 10% to 25% per prescription. --By Douglas Waller. With reporting by Eric Roston
...fare airlines are crossing borders. Discount dynamo JetBlue Airways announced plans last week to start its first foreign route in June when it intends to fly from New York City to the Dominican Republic. Fares are expected to be as low as $268 round trip, vs. $423 currently on American Airlines. Low-fare carrier America West said last week it is adding more routes to cities in Canada and Mexico. Fares on flights from Las Vegas to Calgary start at $242 round trip. AirTran Airways, which is aggressively challenging Delta Airlines, starts fares from Atlanta and Baltimore to the Bahamas...
...about 29%. "It's extremely unlikely someone would buy the team," says Andrew Lee, an equity analyst at Dresdner Kleinwort Wasserstein in London, pointing to the stock's rich price, recently Ł2.67, which makes the team worth about $1.3 billion. Then again, he says, "you can never discount someone with more money than sense who wants to satisfy his hobby...
...intermediate course which culminates in a very public demonstration—a class clubbing night. For those without the proper accessories, Johara sells all the necessary accoutrements—hip scarves ($35-$50) and finger cymbals ($10). And at the cost of $12 for drop-ins, with a discount for long-term students, Dance Complex is financially accessible. Johara describes belly dancing as a “celebration of womanhood”—which was reflected in the make-up of the class FM attended—but she still encourages the boys to join...
...have known about the reserves shortage two years before the company cut its official estimate by 20% in January. Even a deepening investigation by the U.S. Securities and Exchange Commission failed to spark a sell-off. The reason: after the January surprise, Shell now trades at a 15% discount to its British rival BP, based on estimated earnings. With oil at over $32 per barrel, all oil majors are reporting hefty profits...