Word: pricings
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Severe unemployment certainly boosts business for pawnshops, but so too does the high price of gold. The precious metal's price is up to more than $1,200 an ounce, vs. about $860 in January 2009. Suddenly, dusting off that old flame's gold necklace is an easy way to score a quick loan. "With the price of gold moving higher, it allows individuals to get a bigger loan, and that has been a stimulus to driving increased pawn lending," says Joshua Elving, a senior analyst at Feltl...
...made it difficult for lenders to turn a profit, causing many to shut down their payday-loan programs in those states. "Payday lenders are lending unsecured money to individuals with no credit history and no credit score," says Elving. "So it's truly a situation where they have to price for risk...
...will likely increase pressure on pharmaceutical companies to join "patent pools" for their more expensive second- and third-generation antiretroviral drugs. In such an arrangement, an umbrella organization like UNITAID manages a pool of patents that allows generic producers to make second- and third-generation drugs at an affordable price for developing countries. The UNITAID board, backed by Britain, France, Brazil, Norway and Chile, has just agreed to set up a patent pool for AIDS drugs, but the success of the venture depends on the cooperation of pharmaceutical companies. (Read "Is Obama Scaling Back Bush's AIDS Initiative...
...past frosts are any gauge, that shouldn't raise U.S. juice prices by more than 2 to 3 cents a gallon, especially since Florida has hundreds of millions of gallons of the stuff stored in reserve tanks. Noncitrus fruits like strawberries, however, which have also been hard hit this month in Florida, are another story: their price per pound is forecast to rise significantly...
Funny, aren't Southwest and JetBlue among the better performers? They are not always the cheapest, mile for mile, but customers of these carriers find value in the whole travel experience, not just the price. People will pay money for performance. It's a lesson the legacy guys never seem...