Word: fallings
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While investors in those funds should feel euphoric, S&P is quick to issue a warning to investors who might fall victim to those seductive returns. The S&P report, issued Friday, indicates that many of the best-performing funds relied on short-term strategies and paid little attention to the underlying fundamentals of the stocks in their portfolios, which could lead to a performance problem in 2010. "Using only a backward-looking approach to selecting funds [i.e., past performance] has significant flaws because it ignores the fundamentals of the stocks owned by the fund along with relevant risk...
Generations of Sogola residents have watched their children fall ill each rainy season, laid low by diarrhea, a disease that kills an astonishing 1.6 million children under 5 every year, according to the World Health Organization...
...University of California regents board voted Nov. 19 to hike education fees 32%, spurring students across the system to barricade themselves in buildings and clash with police. Cash-strapped pupils say the increase, scheduled to take effect next fall, will force many to drop out or transfer to community colleges. UC president Mark Yudof said the measure was unavoidable because of the state's ongoing budget crisis...
...Quebec woman is claiming that her insurance company revoked her health benefits after discovering photos on the social-networking site that purportedly showed her having fun. Nathalie Blanchard, who had been on paid sick leave after getting a diagnosis of depression, says insurer Manulife stopped sending monthly checks this fall, saying her Facebook photos illustrated that she was well and ready to return to work. Manulife has not commented on the case...
...Graduated from Seattle Preparatory High School in the spring of 2005, and began attending the University of Washington that fall, working toward a degree in linguistics. Was named in the spring of 2007 to the University of Washington's dean's list...