Word: perlis
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...Level 3 (LVLT), the broadband infrastructure company, has also been at the top of short selling lists for years. It has a float of close to one billion shares which makes taking a short position in the stock fairly easy. Average trading volume per day is 10 million shares. As of April 15, there were 122.9 million shares sold short, down 13% in two weeks. Level 3 has two factors that short sellers love. It has awful financial prospects and a volatile share price. At the end of the last quarter, Level 3 had $6.3 billion in debt and almost...
...been released, the terms are likely to closely resemble Chrysler's new agreement with the Canadian Auto Workers, ratified over the weekend. The Canadian agreement cuts labor costs to the level paid by non-union plants run by Asian companies such as Toyota, or by $19 Canadian dollars per hour...
...reports, President George W. Bush decided in 2002 not to administer a nationwide smallpox vaccination program - despite Vice President Dick Cheney's belief that doing so was a prudent counterterrorism step - because it could have resulted in dozens of deaths (the smallpox vaccine kills between 1 and 2 people per million people inoculated...
...want, but at the end of the day, we lost.” But according to Pollak, the hardest part of the weekend’s tournament was sizing up the course. The par-70 Atlantic City Country Club in Northfield, N.J. averages a little over 350 yards per hole and just 93 yards per stroke. For the big hitting Harvard golfers, this didn’t allow them to get some room with monster drives. “It wasn’t a type of course that suited the type of team we have,” Pollak...
...instance, the matter of laundry. With over 6,000 undergraduates, Harvard students have a lot of clothes to wash. If each student does laundry once a week—and this is assuming only one load of laundry—that’s over 180,000 loads per academic year. Not only is that a lot of water, it’s also a lot of laundry detergent—over 280,000 ounces of liquid detergent, to be precise, given that the detergent of choice is doubly concentrated. Unfortunately, most of this laundry detergent, due to its chemical...