Word: periodic
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...valuable to look at the shares of GE through the eyes of common sense. The company has lost $300 billion of market capitalization in about a year. During the same period, Citigroup has lost $130 billion in market cap. Bank of America has lost $200 billion. Since GE's financial services business is not the majority of its revenue, the destruction of it market value seems extreme. Balance sheet jockeys would say that the trouble the market fears is hidden within GE's asset base and will jump out to eviscerate earnings soon. So far there is no sign that...
...still has a number of remarkable businesses. The sales at it energy infrastructure business has gone from $19.8 billion in 2004 to $38.5 billion last year. Revenue at GE's technology infrastructure business has gone from $30 billion to $46.3 billion over the same period. The profits at both these segments of GE have gone up at similar rates...
...either the capital or intellectual capacity to go around. The Treasury has just appointed a prominent investment banker to help oversee the mess in Detroit, but it would take an army of financiers to first comprehend and then advise on what should happen to GM (GM) and Chrysler. The period for comprehension is already in the past. The trouble in the auto industry has to be addressed in the next few weeks or its capacity to operate will go up in flames...
...Until 1960, the specific location of Roosevet’s suite remained unknown as a result of Adams House’s dramatic expansion over a period of 60 years. A letter written by Roosevelt’s former roommate at Harvard, Lathrop Brown, finally identified the room’s location in the “B” entryway of Adams House...
...like kissing your sister.” For the Harvard men’s hockey team, which earned a draw against Clarkson (9-16-7, 7-9-4 ECAC) Saturday, tying was more desirable than one might expect. After facing a two-goal deficit in the second period and being one score behind in the third, the Crimson (7-14-6, 7-7-6) surged back and snuck away with a 3-3 tie against the Golden Knights. The point against Clarkson, in conjunction with the point earned against No. 20 St. Lawrence on Friday, gives Harvard sole possession...