Word: premiums
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...this rate, soon we'll be offered a plan where the premium doesn't rise but you perform your own minor surgery at home. Novocain? Supply your...
That's why investors believe in the unusual tax structure. How else to explain Starwood's unnatural premium in the market? Its shares trade at 64 times recent earnings--nearly triple the multiple of hotel and casino giant ITT. Starwood is growing faster. That helps. But the tax setup accounts for a good bit of the premium, and that's critical, because if the setup is ever struck down or found to be of little value, some of the premium would evaporate. Just what is this magical tax structure? Starwood is a Real Estate Investment Trust that owns hotels...
...months ago literary critics were busying themselves trying to invent new synonyms for epic and powerful. These efforts--putting a serious premium on thesauruses nation wide--were sparked by the appearance of Don Dellio's Underworld. In that monster tome Dellio juggles the stories of multiple historic and non-historic characters, all the while mining the existential freak-show of the later 20th century for all its tragic, ironic and surreal material...
...offset the higher expenditures, insurers are boosting the premiums for liability coverage on sport-utility vehicles and pickup trucks, the New York Times reported last week. Previously, policyholders would pay roughly the same premium for liability protection whether they owned an ordinary sedan or a two-ton pickup. Car owners buy liability coverage as protection against loss claims from someone else as a result of an accident. Farmers Insurance Group, the nation's third largest insurer, has already lifted premiums as much as 10% in Pennsylvania, and it may eventually seek hikes in all of the 30 states it covers...
...with few exceptions--the popular Sidewalk and Internet Gaming Zone sites chief among them--MSN has failed to attract a mass audience. MSN executives have been shocked by how rarely customers stray beyond plain-vanilla E-mail and online access into the premium programming that was supposed to be the network's drawing card. According to an internal memo distributed last spring, the pay area's most popular channel at the time, Daily Disney Blast, was attracting a dismal 6,000 hits a week...