Word: perlis
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...billion debt could still prove troublesome, and hefty interest payments will cut into the company's ongoing profitability. But one antidote to heavy debt is a healthy stock price, which Ford increasingly enjoys. The stock is up from about a buck last November to a recent price of $7.30 per share, and in May, Ford was able to raise $1.6 billion through a common-stock offering of 345 million shares. GM, by contrast, is hoping to do an IPO next year. (Read "Despite Losses, Ford Still Spurns Federal...
...School of Education plans to raise $77 million to support the program—roughly $1 million per student—and the school has currently raised $34 million through a combination of re-purposed funds and donations, most notably, a $10 million grant from The Wallace Foundation, which “seeks to support and share effective ideas and practices that will strengthen education leadership, arts participation and out-of-school learning,” according to its Web site...
...wake of the losses of the past year. HMC managers were extraordinarily successful before 2008, and one bad year should not collapse our faith in their investment acumen. In the 10-year period ending in fiscal year 2008, the Harvard endowment outperformed the median institutional fund by 7.7 percent per year. Had it earned the median institutional fund rate, endowment assets would have been $23.5 billion less. Moreover, Harvard’s money czars are far from alone in their shortcomings this year. Yale’s endowment fell 30 percent in the past fiscal year...
HSMBB plans to host one seminar per week and feature speakers from all MBB disciplines including Neurobiology, Psychology, Philosophy, Human Evolutionary Biology, Computer Science, Linguistics, and History of Science...
...even called the food-stamp program any longer; in classic bureaucratese, it's now known as the Supplemental Nutrition Assistance Program, or SNAP. Recipients' incomes and property values must be below a certain level for them to qualify. In June, the average monthly benefit came to $294 per household and $133 per individual. Recently, officials have worked to make the program more convenient, distributing electronic benefit-card readers to farmers' markets so food stamps can be used there and encouraging more stores to accept them as payment (Costco announced this year it will take food stamps at some New York...