Word: dollars
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Dates: during 2000-2009
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Right now, the companies in the S&P 500 are trading at an average price-to-forward-earnings (P/E) ratio of 8.4. That means investors are willing to pay $8.40 for every dollar that analysts expect companies to earn in 2009. Because that ratio historically falls in the mid- to high teens, the current market seems cheap by comparison, meaning stocks could be poised to rise...
...Luis Santiago Vasconcelos - was an accident and not narco sabotage. That dwindling public confidence has done nothing to help the Calderón administration fend off the effects of the global economic crisis. This year the Mexican peso has lost about a fifth of its value against the U.S. dollar...
...very serious situation." Last month, as the nation's export-driven economy watched global demand slow down, Japan's Nikkei index fell to a 26-year low. Couple this with the appreciation of the yen - which some economists say could strengthen to an exchange rate of 80 to the dollar by the end of next year - and it's little wonder that corporate powerhouses like Toyota, Honda and Sony have seen profits dive. Royal Bank of Scotland Japan chief economist Junko Nishioka says that over the past two months, she has grown increasingly pessimistic. She sees Japan recording at least...
...physician-owned day surgery centers. In recent years, several of Boston’s city hospitals—including the HMS affiliated and top-ranked Massachusetts General Hospital, Beth Israel Deaconess Medical Center, and Children’s Hospital Boston—have planned and embarked on multi-million dollar expansion projects. MGH, the largest hospital in New England and the third oldest general hospital in the U.S., broke ground last September on a $144 million outpatient care facility in Danvers. While the new regulations should not affect the Children’s Hospital’s proposed expansion plans...
...much of the year, the Canadian dollar, known as the Loonie after the lake-bird pictured on the one-dollar coins, was trading at par with the U.S. dollar. That squeezes manufacturers and grounds exports, since a strong Loonie deprives Canada of a cost advantage it has enjoyed for years. The Canadian dollar has weakened recently, but now the financial problems threatening to push Detroit's auto industry over the brink have also gripped the Canadian subsidiaries of GM, Ford and Chrysler. See the 50 Worst Cars of All Time