Word: maker
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What has been the best way to make money in 2008? In a word: health care. Big percentage gainers include Idenix Pharmaceuticals, a maker of hepatitis and HIV treatments (up 122%, to $5.99); Thoratec, a developer of therapies for heart disease (up 60%, to $29.16); Almost Family, a home-health-care services provider (up 132%, to $45.10); and Sequenom, which does genetic testing (up 93%, to $18.45). Some larger-cap players are also up significantly, if not quite as spectacularly: Barr Pharmaceuticals has gained 23%, and Amgen...
Retail, a sector battered by the slowing economy and consumer spending, presents a similarly nuanced picture. Among the most brutalized have been rubber-shoe maker Crocs (down 96%, to $1.52), bookseller Borders (down 93%, to $0.71), home furnisher Pier 1 Imports (down 90%, to $0.51) and casual eatery Ruby Tuesday (down 86%, to $1.38). But there have been standouts too. Some are thrift-conscious companies that make for classic recession plays: Dollar Tree (up 61%, to $41.61), 99 Cents Only Stores (up 39%, to $11.05), Family Dollar (up 27%, to $24.51) and Wal-Mart (up 15%, to $54.63). Others, though...
...Somalia is fraught with danger, as the American soldiers of Blackhawk Down, and now the Ethiopians, know to their cost. Present day U.S. operations against the Islamists - publicly confined to air strikes, but also including some clandestine fighting on the ground - have killed two significant leaders, including the bomb-maker in the 1998 al-Qaeda bombings of U.S. embassies in Nairobi and Dar es Salaam in Tanzania...
...1990s, Madoff used his success as a market maker to help launch an asset-management firm. Madoff raised money for his fund by exploiting his social network, often courting investors at country clubs where he or family members belonged. At the Palm Beach Country Club, Madoff reportedly found a major investor who helped attract other members for Madoff's fund...
Getting your tubes tied is not the most appealing phrase, but it's way more user-friendly than sterilization. Maybe that's why the maker of Essure--a newer, cheaper, faster, scalpel-free alternative to tubal ligation--is marketing the procedure as "permanent birth control...