Word: expectations
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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...
...probable cause hearing. Turner faces up to 20 years in prison and a $250,000 fine for attempted extortion under color of official rights, and up to 5 years and $250,000 for making false statements to federal agents. “People have a right to expect integrity from their elected officials, and breaches of the public trust are not to be taken lightly,” the office of E. Denise Simmons, the mayor of Cambridge, said in a statement. “The Mayor shall not pass any judgment on this matter until all the facts have...
...stadium of 31,398, the running back showed he’s ready to be the cornerstone of the Crimson offense for years to come. With half of the team’s starters graduating, Gordon and the Crimson have a lot of work ahead of them if they expect to continue their dominance. With two rings in two years, Gordon knows what it’s going to take to stay atop the Ivy League...
...nowadays don’t seem to know anything. But for the first time in history, this may actually be true. Attending the first meeting of a Government class early in the semester, I heard a professor talk about historical dates. “I don’t expect you to memorize dates,” he said. “Three years from now, you won’t remember any dates. You can google dates, but you can’t google how to think.” Or can you? I googled...
...scored both of the game’s goals, while classmate Matt Hoyle started in goal and made 28 saves on the night.“It’s definitely been really nice [to have had an immediate impact], because you come in not really knowing what to expect,” Killorn said. “We’ve been playing well, and we’ve been really happy with how we’ve been doing.”But rookie firepower wasn’t enough to lift the Crimson to a win against...