Word: move
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News that Japan's three biggest financial institutions - which have all recently invested in foreign financial institutions - were considering selling new shares to shore up their [working capital] triggered the decline. The move would dilute banks' earnings per-share, compounding investor worry that the appreciation of the yen will further reduce share value and corporate profits. Mitsubishi UFJ, like Japan's other mega-banks, avoided damage caused by the subprime crisis, but its stock portfolio is now taking a hit as the Nikkei and Tokyo Stock Price Index (Topix) continue to fall and wipe value from its balance sheet...
...administrative director of the Child Advocacy Program at the Law School, said she was excited about students’ enthusiasm for the program and for public interest careers, more generally. “I think it’s encouraging students who were already considering public interest law to move forward with their plans,” Budnitz said. She added that an influx of students into public service could only have positive effects. “We’re very lucky we have a tremendously talented, creative, interesting population of students here,” Budnitz said...
...early lead and did not look back, cruising to a convincing 5-0 victory over the Crimson (6-8, 2-3). “Princeton was a good team, and we didn’t play our best game, but we’ll learn from this and move on,” senior back Abbie Harpstead said. Princeton wasted no time getting on the scoreboard, capitalizing on a penalty corner two minutes into the game. Tigers defender Kaitlyn Perrelle took the corner and sent a pass to midfielder Candice Arner who set up Schreyer for an open look...
...executing their option offense, starting with the running back, the tailback.”Something had to change at halftime, and change it did, as the Crimson recovered from its early struggles to limit the Tigers’ attack, especially in the fourth quarter. Princeton still managed to move the ball at will, but when it came down to the red zone, Harvard knuckled down and forced the Tigers to go for three.“I thought we played an outstanding game except when we got inside the red zone on offense,” Princeton coach Roger Hughes...
...that closes the book on the matter, which arose from a brief relationship that Strauss-Kahn initiated in January with the IMF's then-head of its Africa department, Hungarian economist Piroska Nagy. Now the question is whether the former French Finance Minister and Socialist Party presidential hopeful can move past the considerable distraction the scandal has caused, and turn to the rising chorus of voices calling to make the IMF central to the world's effort to face the surging financial and economic crisis...