Word: mutually
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...reputation in the 2001 war in Afghanistan, when its technology enabled commanders at a base in, say, Tampa, Fla., to see real-time images of Afghan battlefields. Contracts soon multiplied. "The U.S. has plenty of firepower," says Kevin Landis, chief investment officer of Firsthand Funds, a tech-focused mutual-fund group in Silicon Valley. "But Frank Lanza tells them where to point it." L-3's military customers also include Canada and other NATO countries...
TIME: So can we look forward to a wave of new, dividend-focused mutual funds...
...drives customers to Protegent's door. Even before the federal Patriot Act took effect last April, for example, Broker Audit was ready to handle new anti-money-laundering tracking requirements (like watching out for unusual wire transfers in and out of brokerage accounts). Coming up: tracking of unnecessarily high mutual-fund commissions, based on selling inappropriate types of shares to certain investors--a measure that will be required by the National Association of Securities Dealers later this year. So many opportunities for mischief--and sales...
...funds are closed-end mutual funds, which tend to trade at a price lower than their actual value, called a discount...
...animosity, he said, was mutual...