Word: distressed
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...TIME: But hasn't the financial services industry, which obviously is in distress, been a big consumer of technology in the past? Won't that have some impact on Intel...
...Harvard’s endowment, earning an annualized return of 28.5 percent over the past 10 years and posting a 9.3 percent gain in fiscal year 2008, beating the endowment’s overall return of 8.6 percent. Private equity investments have taken a hit from current economic distress that has crippled investors’ access to capital—a key driver of gains in that sector. Harvard would not be alone if it did unload much of its private-equity portfolio, according to The Journal. The newspaper reported that the nation’s largest public pension fund?...
...number of these pastries, and I relished the opportunity to reacquaint myself with their virtues. But when I sidled up to a Tokyo store's cream-puff section - yes, there is a fridge shelf dedicated to this particular genre of baked goods in many Japanese groceries - to my great distress, my favorite dessert was nowhere to be found. Like so many food and beverage products in Japan's relentless market, it had been cast aside for newer fads: I found chestnut cream puffs, pumpkin cream puffs and green-tea cream puffs. But none of my vanilla-and-chocolate morsels...
...economic period," said GM spokesman Tom Wilkinson. "We have said publicly, in comment to the Michigan [congressional] delegation's call for support of the industry, that we believe the Federal Government should consider all of the tools available to it - some recently enacted - to support industries that are in distress and that are essential to the U.S. economy," he said. On Thursday, those efforts got another boost as Governors from six states - Delaware, Kentucky, Michigan, New York, Ohio and South Dakota - submitted their own letter in support of the industry's aid request...
...been one of the best-performing asset classes for Harvard’s endowment, earning an annualized return of 28.5 percent over the past 10 years. This return has been lower in more recent years, though, coming in at 9.3 percent in fiscal year 2008, and the current economic distress may further drive down investment opportunities in the sector. But Primack said that the deal, which would be one of the biggest private equity sales ever by an endowment, might not go through because HMC’s position is still comfortable enough that it would not have to accept...