Word: one-third
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...grab stock options today is that they may not be available tomorrow. By next year it is likely that accounting standards will require publicly traded companies to reduce earnings by the value of options they grant going forward. Most companies do not expense options now, and in polls one-third of companies say they will get stingier with options once they must account for them as an expense, reports Mercer Consulting...
...five years). Such goodies will trickle down to a broader set of employees eventually, as stock options did in the '90s. But from vice president on up, you may get them now if you ask. When options are counted against earnings, their cost to the company typically runs one-third the cost of restricted stock. So if you received 3,000 options last year, you could instead be in line for 1,000 restricted shares this year. The best part: restricted stock retains far more of its value as a stock price drops...
...debris in the joint and smooths bone surfaces without major surgery. But a surprising study showed that the operation is no more effective than a placebo. One in three patients reported improvement, whether having had real surgery or a sham operation with all the same pre-and post-op procedures but no actual treatment. Even if the placebo benefit is ignored, the study still casts doubt on surgery that succeeds only one-third of the time. Patients may be better off doing strengthening exercises and taking off a few pounds to ease the burden on their aching knees...
...agency has 63 employees to monitor the $12.7 billion all-cash business in more than 300 casinos and small gaming establishments nationwide. The New Jersey Casino Control Commission, by contrast, has a $59 million budget and a staff of 720 to monitor 12 casinos in Atlantic City that produce one-third the revenue. The NIGC has yet to discover a single major case of corruption--despite numerous complaints from tribe members...
...similar folk-remedy-derived treatment might help wipe out the disease. Scientists at the Mekong Malaria Symposium, held last week in Cambodia, announced that early clinical trials of the new drug Artekin eradicated malaria parasites in 95% to 100% of patients tested. And Artekin costs just $1.20 per dose, one-third the price of today's treatments. The drug is a combination of dihydro-artemisinin, borrowed from the traditional Chinese treatment of wormwood shrub, and piperaquine, a chemical related to chloroquine. Currently available only in China, Artekin could be fast-tracked for release in Cambodia and Vietnam as early...