Word: portfolios
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...Worldwide, the market for environmental goods and services hit $600 billion last year, according to Environmental Business News. Some segments, such as renewable-energy power systems, are expanding at double-digit rates in Europe and China. Immelt needs those high-growth businesses to offset mature sectors in GE's portfolio, which aren't growing much more than the economy. The potential for fuel-saving technologies and renewable energy is also getting more compelling as oil and gas prices reach record levels. Eighteen states, including power hogs California and Texas, have set requirements or goals for renewable energy. New York...
...major reason for the rise is the increasing income of women, who make up 57% of the new shareholders. A New York Stock Exchange study showed that the typical new investor is female, 34, married, works in a professional or technical position, has a $2,200 portfolio and an annual household income of about...
...effort to bring his government back on course, Mulroney is expected to reshuffle some Cabinet jobs. To replace Blais-Grenier and to continue to assure French-speaking Canadians that their voices are heard at Cabinet sessions, he will probably give at least one more important portfolio to a French speaker. He intends moreover to sell off other unprofitable government corporations, even if such sales cause some local and, he hopes, temporary unemployment...
...showdown would have come in the third round, which pitted Shamir's candidate, Minister Without Portfolio Moshe Arens, against Levy for the chairmanship of the convention steering committee. Instead, the convention ground to a halt when Sharon tried to pack it with 200 pro-Sharon and pro-Levy delegates. Addressing Sharon, Shamir demanded: "Do you think being chairman of the mandates committee is the same thing as being a front commander or Chief of Staff?" Shamir accused Levy of "megalomania" and described the convention as a "circus." Scoffed Levy: "Shamir's behavior is better suited to Disneyland...
...Kidder Peabody investment firm has called a "virtuous cycle." This cycle is a mirror image of the vicious spiral of the 1970s, when soaring oil prices and roaring inflation created rising unemployment, slumping stock prices and economic stagnation. Now things are going the other way. Exults Barton Biggs, chief portfolio strategist for the Morgan Stanley investment firm: "It's like watching the movie of the 1970s run backwards...