Word: downing
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It all comes down to price, valuation and long-term potential returns, says Icahn. But he quickly emphasizes that he isn't expecting a speedy bounce back in the battered sector.
As for Icahn, this isn't his first foray into the casino sector. Between 2000 and 2006, he purchased four casinos - the Stratosphere, Arizona's Charlie's Boulder, Arizona Charlie's Decatur and Aquarius Casinos - for $300 million, and sold them for $1.2 billion in 2008 before the recession unleashed...
To understand why, researchers at the University of Warwick and Cardiff University decided to break down how individual people evaluate their income. What does wealth mean to people? Previous work has suggested that people tend to value their own wealth more - and are happier - when it compares favorably to everyone...
It’s hard to shake the feeling that the show’s writers sat down and assembled a checklist of all the modern problems and controversies they could think of. The only thing “Parenthood” is missing is an openly gay character, which...
The Pope also wrote that a team of Vatican inspectors would be sent to dioceses, seminaries and religious congregations in Ireland. But victims' groups were unimpressed, charging that the papal letter had failed to address the cover-up of child abuse by the Irish Catholic authorities exposed in recent weeks...