Word: poole
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...three years ago, you had so many new teams coming in," says team owner Rick Hendrick, who fields cars for Jimmie Johnson, Jeff Gordon and Dale Earnhardt Jr. "You had Toyota coming in with new teams, and there were so many people planning on running multiple teams that the pool of people moving in and being trained just kept growing and growing and growing. It looked like there was no end in sight. All of a sudden, teams can't find sponsors, they shut down and go out of business, and all of a sudden those people are out looking...
...managers to list all holdings in exchange-traded stocks and closed-end companies if they manage over $100 million in such assets. Whereas closed-end companies sell a fixed number of shares which are then traded on exchanges, open-end companies—such as mutual funds—pool publicly-raised money and invest the funds in stocks, bonds, and other securities...
...bonds lost half its value last year. CDOs based on corporate bonds have performed better. However, Strata sold insurance against high-yield corporate bonds, and those will be the first corporate debts to go bad if the economy gets worse. Indeed, one of the companies in Strata's bond pool, Hawaii Telcom Communications, recently filed for bankruptcy. In mid-January, Moody's put Strata on its list of bonds it was thinking about downgrading...
...Mountain Resort & Spa, where the "Signature Package" includes three meals per day, unlimited fitness and wellness classes and guided hikes for $199 per person per night, plus you can book a massage or facial for just $69. Forgo the classes and just enjoy the meals and the resort's pool and fitness center for just $169 per night. Through March 31. 1275 East Red Mountain Circle, Ivins, UT; 877-246-HIKE...
...case of a financial institution, its investment decisions, lending practices, and general business choices are guided by the monetary risks and potential losses associated with those actions. Imprudent and miscalculating banks would thus be out of the game as a capitalistic consequence of their actions, while the pool of remaining banks (and the executives running those banks) would be of a higher quality, having demonstrated an ability to make prudent and wise decisions in the face of higher-reward—and correspondingly higher-risk—opportunities...