Word: longering
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...idea for the company in 1998. A former pilot who flew relief and medical-evacuation missions for a host of organizations in Africa, Voetmann realized in the '80s that someone had to develop a new bush utility plane, since refurbishing engines of old models like the Beaver was no longer cost-efficient. So he partnered with Hamilton and began tapping on the doors of nontraditional investors: missionary-aviation organizations. His hope was that they would provide seed money in exchange for Kodiaks at cost...
...takes me a lot longer to bounce back from injuries now. But to be honest, I can keep doing it mostly on the level that I've been able to for the last 10 years or so. Obviously, I'm getting older, and there are things that I don't want to push the limits of, but I can still do almost all the tricks that I used...
...Equities bears maintain that the recent stock rally has already outrun fundamentals and that stocks are no longer cheap. To be sure, based on projected operating earnings for all of 2009, S&P 500 companies are trading at an average price-earnings ratio of nearly 19, higher than the long-term historical average of 15. But basing stock values on 2009 data is inappropriate. This year saw the bottom of the worst recession since World War II. What is relevant for determining stock values are future earnings, not past earnings. Next year's operating earnings for S&P 500 companies...
...would ship out the bulk of Iran's enriched-uranium stockpile to be converted into fuel rods for a medical-research reactor - which would also have added about a year to the time frame within which Iran could weaponize nuclear material. The deal would have offered more time for longer-term diplomatic negotiations. As a result, President Obama has begun trying to rally international support for a new round of sanctions. (See pictures of people around the world protesting Iran's election...
...change. India's 2005 Right to Information Act has emboldened some of its citizens to question once-omniscient bureaucrats, but the progress of reform is slow. A judgment on the Mumbai attacks may be handed down in a matter of months; India's verdict on itself will take much longer...