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...Nonetheless, the deal will be costly for Citi. In order to exit TARP, the bank will have to sell $20.5 billion in new shares. Analysts estimate the stock sale will lower the company's earnings per share by about 20%. "One of the basic problems for [Citigroup's] valuation is that it has too many shares as a result of its many rounds of capital raising and exchange offers," says analyst David Hensler, who follows Citi for research firm Creditsights...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

...seven-night cruise, which breaks down to $218 a day. Not terrible for food, lodging and a Broadway show, not to mention the jazz revues, pools and aqua theater at your disposal. A luxury suite can put you out $7,609 a week, or $1,087 per day. Capacity across the industry has increased--15 ships have launched this year, including Carnival's Dream, and 12 set sail next year--so there are deals of less than $60 per day out there. "Hotels are shaking in their boots," says Peter Yesawich, CEO of Y Partnership, a marketing firm, "and they...

Author: /time Magazine | Title: Will the World's Largest Cruise Ship Sink or Swim? | 12/14/2009 | See Source »

...cruise industry is basically a duopoly, with two players--Carnival, which owns Cunard, Holland America, Princess and Seabourn, among others, and Royal Caribbean, which also owns Celebrity and a few international lines--controlling 70% of the market. There are three segments: contemporary, at $200 and under per day; premium, $250 and up; and luxury, at $300 and above. Royal Caribbean and Carnival operate mostly in the contemporary segment...

Author: /time Magazine | Title: Will the World's Largest Cruise Ship Sink or Swim? | 12/14/2009 | See Source »

Those who participated in non-vigorous activities equivalent to about 30 minutes of jogging, biking, or swimming per week, saw a 35 percent reduction in overall mortality, according to Kenfield. But these exercises had no measurable effect on the risk of mortality due to prostate cancer...

Author: By Ryan D. Smith, CRIMSON STAFF WRITER | Title: Study Shows Coffee’s Benefits | 12/14/2009 | See Source »

...argue that we need to take better care of our planet. Go “green” this year and give presents that give back to the environment. Help cut down on fuel consumption by forgoing plastic water bottles—it takes 1.5 billion barrels of oil per year to meet America’s demands for plastic water bottles and 20 years for them to decompose in a landfill. A stainless-steel water-bottle would be a great alternative to bottle up the beverages. Kleen Kanteen and Swigg manufacture reusable stainless steel water bottle makers...

Author: By Meredith C. Baker | Title: Make Like a Democrat | 12/14/2009 | See Source »

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