Word: nov
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...they will truly make those earnings." If the denominator of the equation falls short, then the P/E ratio doesn't look so hot after all. And there is reason to think projected earnings might be overstated. An ongoing survey of stock analysts by Thomson Reuters projected as of Nov. 21 that next year's earnings growth of S&P 500 companies would be 11.7%. Three weeks earlier, that projection...
...President-elect Obama’s victory shattered one the most prominent glass ceilings in the United States. But the larger socioeconomic problems that plagued black Americans on Nov. 3 did not suddenly disappear on Nov. 5. The racism lurking in the shadows of our communities was not extinguished in a flash. Just as contented complacency amongst Obama supporters could derail his tenure in office, the belief that Obama’s election signals the final triumph over discrimination will be detrimental to future progress...
...energy industries. President-elect Obama campaigned on the promise to spend $150 billion over the next 10 years to support alternative energy, like wind and solar, as well as the green jobs that the sector has the potential to create. At California Gov. Arnold Schwarzenegger's climate summit on Nov. 18, Obama, in taped remarks, reaffirmed that he would hold fast to those campaign promises, starting with mandatory caps on greenhouse gas emissions. "This is a crucial step forward," says Linda Church Ciocci, the executive director of the National Hydropower Association...
...enough. As ambitious as Obama's campaign promises were - at least compared to his predecessor's - the future state of global energy will demand government policies with a much longer reach, according to alternative-energy leaders. The International Energy Agency's (IEA) annual World Energy Outlook, released Nov. 12, projects that global energy demand will increase by 45% between 2006 and 2030 - and that $26 trillion in power-supply investments will be necessary simply to meet those needs. Barring radical changes in our energy policy - beyond what Obama has pledged - greenhouse gas emissions will rise 45% by 2030, and extreme...
...greatly expand the federal government's procurement of renewable energy - a smart idea, easily doable - plus a major initiative to update and smarten the nation's aging, overworked electrical grid. That last item is a necessity, if the country has any hope of scaling up alternatives. A report published Nov. 10 by the North American Electric Reliability Corporation found that without drastic investment in a better grid, scaling up intermittent renewables like wind and solar could lead to frequent blackouts. And there's no better way to turn people off of renewable energy than to periodically plunge them into...