Word: droppingly
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...There were almost 167 million shares sold short in Sirius as of April 15, down 8% from two weeks earlier, but it would take six days of trading at average volume to cover that short interest so there is still a lot of money wagering that the stock will drop...
...year. Microsoft had a short interest of 88.4 million shares as of April 15 down 10%. The company has almost 9 billion shares outstanding and trades 68.7 billion shares a day. Microsoft (MSFT) traded at almost $21 in early January but fell to $14.87 in early March, a remarkable drop for a company with a market cap of $185 billion...
Instead, Wynn announced that everyone at his company's two Las Vegas properties, Wynn and Encore, would take a pay cut. Salaried workers earning $150,000 or more would see a 15% drop in their paychecks; those making less would take a 10% hit. Hourly employees would go from a 40-hour to a 32-hour week. The idea: save millions of dollars without putting anyone out of a job while maintaining the service level at the luxury hotels. "We don't want anybody on unemployment here," Wynn said at the time, "or without insurance." (See 10 things...
That shift - and a drop in the number of companies telling Watson Wyatt they're planning layoffs - could lead a person to take a rosier view of the economy. "At some point, we're going to emerge from this recession, and companies know they need to emerge with some sort of staff," says Laura Sejen, head of Watson Wyatt's strategic-compensation group...
...gradually I succeeded in establishing contact with my professors, who kindly helped me to find solutions for each course affected by the strikes,” Coman wrote. With more and more universities remaining closed for extended periods of time, Arbuthnott said he was forced to drop a class he initially signed up for and go elsewhere in order to fulfill his academic requirements. “In order to take four full courses and maintain my academic standing, I decided that it was in my best interest to drop some of my classes at public universities which were affected...