Word: indexable
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...Thursday they got neither. UPS warned about its first-quarter profit estimates. Procter & Gamble announced 9,600 layoffs as part of further cost-cutting. And two economic reports - the index of leading economic indicators and the weekly state unemployment claims - told Greenspan exactly what he's been telling the markets: The economy, though weak, does not appear to be heading into a recession...
...witnesses painted the BC players as instigators of the altercation. Initial reports alleged that freshman Andrew Bryant precipitated the fight by slapping a lady when she told him he was sitting in her boyfriend's seat. Later accounts alleged that senior Kenny Harley started the incident by using his index finger to push the lady out of a seat that he claimed was his. Though some of the accounts contradict each other, none seem to paint a sympathetic picture of Bryant and Harley, who were both arrested...
Selection decisions were based solely on five criteria--a ratings-percentage index, record vs. teams above .500, head-to-head results, record vs. common opponents, and record in the past 16 games...
...fair, Yahoo's news was just one act in the carnival of carnage that was high tech last week. Cisco and Intel predicted big revenue drops and job cuts, a combination that set the nasdaq up for a 5.3% fall on Friday. The index is off 59% from its peak, reached a year earlier. Even the good news hurt--unemployment was stable but wages grew, undermining the Street's expectation that the Federal Reserve will deliver a big interest-rate cut later this month...
What sweet irony. Even as the new economy-loaded NASDAQ index continued its death spiral last week, investors gobbled up shares of Krispy Kreme Doughnuts as if cholesterol were a newfound health food. And while the tech gang was frantically dialing down its earnings estimates, Krispy Kreme announced profits that easily beat the forecasts.The stock soared to $79.19, up $6.68 in an otherwise dreadful week...