Word: longering
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...Hotchkis & Wiley Mid-Cap Value Fund is up 52% so far this year, making it the fifth-best performing mid-cap value fund this year, according to Morningstar. However, S&P believes the fund's "volatile longer-term performance should give investors cause for concern." It noted that the fund significantly lagged its peer average in 2007 and 2008, pushing it into the bottom quartile on a three- and five-year total return basis. Also, S&P analysts contend the fund's securities are currently overvalued and pose risk based on their growth and consistency when it comes to historical...
...profits, power and growth drain toward the cable channels, Winfrey is shifting her attention to the Oprah Winfrey Network, OWN, which she plans to launch with Discovery Communications in 2011. The question is, Who is Oprah without Oprah? The show was monolithic in a way that's no longer possible, even for a mogul like Winfrey. She plans to "appear on and participate in" programs on OWN, but nobody is saying whether she'll have a show of her own. Bereft of her royal presence, will people care what Oprah wants them to watch...
...Search of Sita spreads itself too thin, unfortunately. Fewer, longer pieces might have given the writers more room to develop ideas. And yet the book succeeds in making this most familiar story seem worth reading again. Politically minded actresses take note...
...Some countries, however, are no longer as willing to extend a red carpet toward the globetrotting Chinese. Although political strings might not come with Beijing's cash, there are economic catches. The roads, mines and other infrastructure on offer are most often built by armies of imported Chinese labor, cutting down on the net financial benefit to recipient nations. Chinese companies investing abroad also tend to ship in nearly everything used on building sites, from packs of dehydrated noodles to the telltale pink-hued Chinese toilet paper. It's not only the contracted Chinese workers who show up, either. Within...
...Neither companies nor government officials want to wait any longer to kick-start production. The Iraqi people are impatient for economic relief, and since more than 90% of Iraq's budget comes from oil revenues, nothing seems to offer more hope than the arrival of Big Oil. "We still have a long way to go to build the country," says Ahmeh Jasim, 56, a real estate agent in Baghdad. "Without these companies it is very hard to have a proper oil sector." For most Iraqis, the drilling cannot begin soon enough...