Word: maying
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...course, as is always the case with the stock market, a company's past performance, magnificent though it may be, doesn't necessarily indicate what's going to happen in the future. In fact, today's chart-toppers are often tomorrow's laggards. Still, with a decade of solid returns already on the books, maybe there's more reason than there usually is to believe that these companies have staying power...
Going into the 2010 fiscal year, the MBTA originally faced a deficit of $186 million and warned there may be large fare hikes to both subway and bus services. The budget gap was closed after the MBTA made $26 million in cuts and the Mass. legislature appropriated $160 million in revenue from sales taxes to the MBTA...
...coverage consider revenues that go to pay for medical costs "losses,"; minimizing these losses by dropping sick customers and cherry-picking healthy ones is one way insurers currently stay profitable. But thanks to a provision inserted into the Senate health care bill at the last minute, the federal government may soon require insurers to "lose" 80% of premiums collected in the large group market and 85% in the individual and small group market. Insurers who don't operate at or above these thresholds would have to send rebates to customers. (MLRs are generally higher in the large group market because...
...Passengers may also be hesitant to book plane tickets as they wait for the train service to resume - mainly because of the spiraling costs. After the cancellation of Monday's Eurostar trains, prices for a one-way ticket from Paris to London on British Airways shot up from $353 to $772. (Prices were up on other airlines, too.) For that much money, people may just try to enjoy their white Christmas wherever they're stuck - even if it's on a train station floor...
...blood - and even worse publicity - is certainly the Christmas gift from hell for Eurostar. And the beneficiaries may be the beleaguered airline industry. Can the airlines take advantage of the anger to reclaim part of the England-France market share they've lost to the train service over the years? Five years ago, Eurostar accounted for just 45% of the travel between the countries; now, the figure stands...