Word: ever
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Dates: during 2000-2009
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Still, Arnuk says the problem isn't resolved so long as exchanges are making markets more opaque and multi-tiered than ever. "If small investors and if long-term investors - and by long-term investors, I mean longer than a few seconds - if long-term investors don't have confidence that they're on [a level] playing field with giant supercomputers ... How are they going to feel about owning equities? That's the real scare...
...their fuel economy so they can qualify for the credits. The early numbers were enough to convince California Senator Dianne Feinstein to go from criticizing cash for clunkers as too lax to supporting additional funding for the bill in the Senate. "This program has done much better than we ever thought it would for the environment," she told reporters on Aug. 4. (Read "Nissan's New Leaf: An Electric Car and Charging Stations...
...dangerously overreached. "Areva had built a big lead and a lot of momentum coming into this nuclear renaissance, but the various problems it has encountered, and advances by its competitors, are eating that away," says Alex Barnett, equities analyst in Paris for investment bank and brokerage Jefferies. "No one ever thought Areva was going to be the only player in this, but it needs to respond to remain the dominant force...
...surprise that the industry's 800 lb. gorilla is French. Back in the 1970s, when most Western nations reacted to the end of the first oil crisis by forgetting it ever happened, France decided to kick its petroleum habit by pouring money into its young nuclear industry. France now has 59 operational reactors, which generate 80% of the country's electricity and have allowed it to become a net exporter of power...
...driving force is China, whose gangbusters economy requires ever more energy. Beijing says it wants to lift nuclear-generated power from its current 11 gigawatts to 86 gigawatts by 2020 - an increase equivalent to France's current total output. China is already adding 14 reactors to the 11 it operates, including three third-generation installations supplied by Areva and Westinghouse. And it won't stop there: Beijing has signed on for an additional 35 plants to be built over the next decade, and is studying a further 80. (See pictures of China's wild side...