Word: northeasterly
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...some income. The worst news on bankruptcies and defaults is already factored into junk-bond yields of 11% or more on many funds, which are the best way to invest here. But stay away from those laden with still troubled telecom bonds. Two quality junk-bond funds are Northeast Investors Trust and Pimco High Yield...
...resources and financial capacity of National Grid Transco [the merged company] to take advantage of opportunities in the liberalizing energy markets abroad, in particular extending National Grid's successful U.S. strategy." Half the company's profits already come from the U.S., thanks to three utilities it owns in the Northeast, including Niagara Mohawk, which National Grid bought in January...
...Houston. Selling off some assets may strengthen the power companies' balance sheets, but it's still unclear whether this will be enough to stave off a power-capacity shortage in the next three or four years, when those canceled power plants would have been coming online. Analysts say the Northeast will be particularly vulnerable to price hikes and perhaps even California-style rolling blackouts...
...Harvard team she captained finished ranked third in the Northeast Region, 15th in the nation in runs scored per game and 17th in win percentage. The 31-10 record gave Harvard its best win percentage in school history...
Five Ivy Players were named to the All-Northeast Region Second Team, three of them coming from Ivy champion Princeton. The Tigers lost to Minnesota, 2-1, yesterday in their first NCAA appearance in six years. They were, however, the first Ivy team to avoid losing their NCAA opener by a mercy-rule margin since Brown...