Word: friday
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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...
...puck in the net, the Crimson (7-3-2, 6-3 ECAC) twice shut out a Golden Gopher team that hadn’t been shut out since Nov. 17, 2007. Harvard goaltender Christina Kessler made 29 saves Saturday to follow up her 24-save effort Friday...
...Crimson flew to the Bulldogs’ home pool in Athens, Ga. this past Friday to match up against three perennial swim powerhouses, including two top-10 teams...
Three weeks after a $17 billion bid by food giant Kraft - expected to be detailed in offer documents circulated among shareholders from Friday - the tussle to take over tasty British confectioner Cadbury shows no signs of melting. In rejecting Kraft's hostile offer last month, Cadbury labeled it "derisory." Now U.S. rival Hershey has said it's mulling a bid of its own while Italy's Ferrero has also expressed an interest in gobbling Britain's favorite chocolate maker. While some doubt those companies' ability to come up with the money for such a big target, there are no such...
...potentially most damaging trial is set to resume Friday, Dec. 4, in Milan, with the 73-year-old billionaire being accused of paying British attorney David Mills $600,000 in 1997 to withhold incriminating evidence about his broadcasting empire Mediaset. Mills is appealing a conviction in the same case; both men have denied any wrongdoing...