Word: marginals
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...agreement to buy or sell something at a future date. Both are derivatives because they derive their value from an underlying asset, in this case, real estate. If that sounds complicated, well, it is. The notional value of the futures contract is about $50,000 and is bought on margin with just a few percent down, which means you can get badly burned. Since the May debut, developers and hedge funds are among the big buyers...
...political fray by winning a so-called "grand slam" in the Paris mayoral elections the next year. His political allies triumphed in every one of the city's 20 districts, but it was a close thing: his sub-mayor in the 3rd arrondissement, Jacques Dominati, squeaked through with a margin of just 20 votes. Opponents charged that Dominati and his allies, including his sons Laurent and Philippe - now respectively a city councillor and a senator - had won only after enriching the electoral rolls with the names of 327 non-residents. Dominati, denying any wrongdoing, has claimed that adding the names...
...gave Harvard a 29-27 lead in game three. But Binghamton (2-8) delivered in the clutch, winning the next four points to stay alive.Still, the Crimson did not lose hope in the fourth, powering ahead on a series of kills by Trimble to open up a 22-12 margin. But the Bearcats slowly whittled the lead and then put together an 8-1 streak to shock Harvard with a 30-28 victory, tying the match at two games apiece.“There were definitely times where we could have finished [the match] earlier than later...
...move by López Obrador's supporters, who condemn his apparent electoral loss as a fraud. It is unlikely to be their last. This week Conservative Felipe Calderón, a member of Fox's National Action Party (PAN), is expected to be declared the winner by a razor-thin margin, after two months of ballot recounts and bitter legal challenges. But thousands of López Obrador stalwarts insist they will continue occupying the Zócalo, Mexico City's main plaza, and the Paseo de la Reforma, its principal avenue, where they have been living for weeks under pup tents...
...time into dslrs with its Alpha dslr A100, which hit the market in July. The camera uses slr technology Sony acquired from Konica Minolta, and is selling for around $1,000, lens included. Companies think the dslr will whet the appetites of gadget lovers who will eat up higher-margin aftermarket treats, like lenses, flashes and cases. Sony, for one, offers 21 lenses for its new Alpha. Skeptics say that dslrs are a false hope, because most people consider them too complicated, big or pricey. IDC pegs them at around 4% of the market today, growing to only around...