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...able to not only pick up that business but also raise interest rates, since borrowers have fewer options. Shares of many of the companies, including Cash America, Dollar Financial, First Cash Financial and World Acceptance, have risen sharply this year. World, one of the biggest, has seen its stock price rise to a recent $41 from $15 a year ago. World makes much of its money refinancing its existing customers into new loans with longer terms and lower monthly payments. But last year, it also increased lending. At the end of 2009, World had $839 million in outstanding loans, which...
...defense officials have defended their contract specifications, saying that the bidding process aimed to get the best aircraft at the lowest price. However, Commander Darryn James, a Pentagon spokesman, told Reuters, "We are disappointed that Northrop is not competing." He added that neither the decision by EADS and Northrop Grumman to drop out of the competition nor the fallout from it changes "the Defense Department's commitment to transatlantic defense ties." (Read "For the Arms Industry, India Is a Hot Market...
...treatment didn't work. From 1997 to 2007, following those stockpile sales, poaching and seizures of illegal ivory began to rise. In Tanzania alone, the percentage of elephant mortality attributed to poaching rose from 22% in 2003 to 62% in 2009. The wholesale price of high-quality ivory went from $200 per kilogram to $850 per kilogram in 2007, and then doubled again by 2009. As economies boomed in Asia - the destination for much of the ivory trade, at least initially - demand for white gold continued to rise. And ivory-trade regulation in the U.S. is confusing and full...
...teams are being offered a six-month trial, and Squadron says almost every team is toying with it right now. Though Bloomberg won't say how much it will charge the clubs for the product, a source close to the company says Bloomberg plans to price it at a rate similar to the fees for its financial terminals, which cost between $1,500 and $1,800 a month. Even for the lowest-revenue clubs, such an investment is probably worth it. And as more teams continue to hire quant experts to help evaluate players, the market should be strong...
...means a lot of doubles for sophomores and even juniors. Those who are lucky enough to snare singles may have to deal with walk-throughs or lack of common rooms. n+1 housing will almost certainly be reserved for seniors. So, all right, there's a small price to pay for being in the best House on campus...