Word: pricings
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Surprisingly, housing prices were not such a debacle - that is, if you bought early and stayed put. The median price of an existing home was $143,600 in 2000. Today the median is nearly $175,000. But remember, millions of Americans splurged for homes in the middle of the decade when prices were high: in July 2006 the median selling price peaked at $230,300. If you bought then - assuming you haven't lost your house to foreclosure - your home has lost some 25% of its value. Nothing to cheer about there.(Read "Facing Foreclosure in Tampa...
...national psyche has been damaged as much as our national economy by the record number of corporate bankruptcies, many of them household names: Kmart, United Airlines, Circuit City, Lehman Brothers, GM and Chrysler. The price of oil more than tripled this decade, settling at more than $70 a barrel, straining our economy...
...Equities bears maintain that the recent stock rally has already outrun fundamentals and that stocks are no longer cheap. To be sure, based on projected operating earnings for all of 2009, S&P 500 companies are trading at an average price-earnings ratio of nearly 19, higher than the long-term historical average of 15. But basing stock values on 2009 data is inappropriate. This year saw the bottom of the worst recession since World War II. What is relevant for determining stock values are future earnings, not past earnings. Next year's operating earnings for S&P 500 companies...
Flier’s editorial was published on Nov. 17, the day before Sen. Harry Reid (D-Nev) introduced his version of the overhauling healthcare legislation, a plan with an $848 billion price...
...fall season is meant for practice, Harvard is getting plenty of it, going toe-to-toe with some of the nation’s best teams. Unfortunately for Crimson wrestling, it knows that top-tier competition comes with a price...