Word: perring
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Dates: during 2000-2009
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...even more pessimistic. Archstone Consulting, a retail consultancy based in Stamford, Conn., expects only a 0.5% to 1% sales increase for the holidays. "That's a very low number by historical standards," says Dave Sievers, Archstone's strategy and retail practice leader. "That would really translate into negative per capita growth, because we automatically expect some gains due to inflation and an expanding population, which usually average...
...cost of insurance against a Morgan Stanley credit default recently exceeded an unheard of 1000 basis points, even after the bailout bill was signed into law. That means the market price for insurance against a $10 million Morgan Stanley default hit $1 million per year, more than 10 times the typical ceiling cost for such insurance in a normally functioning bank sector. "The bailout is a step forward, but it's not at all clear that it's going to work," says Darrell Duffie, professor of finance at the Stanford University Graduate School of Business...
...Implementation of a bioengineering curriculum as per the ambitious time-table is contingent on whether a permanent dean of SEAS is appointed. Hyman said that the new dean should have an instrumental role in developing the curriculum and “a sense of ownership...
...past five years, growth is slowing fast. Look only at the price of steel - as useful an industrial proxy for China's economic boom as any. According to Mysteel, a Shanghai-based consulting firm, the price for products used primarily in construction have fallen to less than $590 per ton, down almost 20% in just four months, forcing some companies into the red in what had been a booming industry. Baosteel, one of China's largest steelmakers, has cut prices twice since August, and its CEO is glum: The era of rapid growth for China's steel industry "will soon...
...would follow suit - making it the fourth E.U. nation to guarantee private savings, along with Greece. Denmark and Sweden also raised the limits on savings they would guarantee, and by Monday, even British Finance Minister Alistair Darling was giving signals that Britain too might swap its current $88,000-per-person savings guarantee for blanket protection...