Word: huges
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
About 130 NYSE clients use its co-location services, according to the NYSE website, where the service is marketed as something of an advantage - "when proximity to the market can give your business model a competitive edge." That edge can translate into huge profits for high-frequency-trading firms like Goldman Sachs, which, according to Bloomberg, made more than $100 million in trading revenue on a record 46 separate days during the second quarter, or 71% of the time - partly thanks to high-frequency trading...
Partha Mohanram, a professor of accounting at Columbia University and an expert on financial disclosure, agrees that firms that co-locate are at a huge advantage because as exchanges are charging for the service, it can't be considered equal access, even if the service is being offered to everyone. "To say that all high-frequency trading is bad and should be banned is an overreaction, but if preferred access is being sold, that is a problem that should be addressed," he says...
...next decade. Industry analysts predict a further 200 new reactors between now and 2050. At around $7 billion a pop, the payday for the biggest players - Areva, Russia's Rosatom, Toshiba-owned Westinghouse, Mitsubishi Nuclear Energy Systems and a joint venture between General Electric and Hitachi - promises to be huge as countries around the world turn to alternatives to coal and oil to meet rising demand for clean electricity. A reactor currently under construction in Tennessee is the first of at least a dozen nuclear plants planned in the U.S. over the next decade or so. Italy has just reversed...
...economics at the University of California, Davis, also questions its efficacy, saying the project seems more political than personal. "The policies make the citizens feel that their mayor is doing something, but they do not feel the changes in their lives," Cho says. "President Lee Myung Bak got huge political fame during his term as the mayor of Seoul. He reformed the public transportation system and constructed a big park in the center of the city. I guess Mayor Oh wants to follow in President Lee's footsteps." (See pictures of Seoul...
...birthday's not a birthday without a cake, of course, and Bubba's that year was so huge that he needed daughter Chelsea's help to blow out the candles. His was far from the biggest, however. At one of the 6,000 parties thrown in honor of Franklin Roosevelt's birthday in 1934, 52 young girls - one for each year of the President's life - paraded through New York City's Waldorf-Astoria hotel wearing frothy white satin-and-chiffon gowns topped with hats shaped like triple-tiered birthday cakes. Each carried in her right hand a long pink...