Word: profiteer
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...Weight Watchers stock in December and sell it in March, more often than not you will profit, as investors anticipate the usual swarms of holiday revelers trying to get into shape by swimsuit season. Of course, now that the word is out, traders will try to anticipate the New Year's popand screw up the pattern. So it ever goes on Wall Street, where seasonal stock moves that make sense ultimately disintegrate amid competition to wring the most out of them. Buying retail stocks ahead of Christmas hardly ever works. The "January effect," in which stocks that were sold...
...Michele Leonhart, the No. 2 in charge of the DEA. "Houston-based traffickers are using New Orleans refugees as guides to open up the market. They say, 'Hey, why don't you drive with me to New Orleans for the day, and I'll let you in on some profit?'" Leonhart says. "All good traffickers are looking for new markets...
...perception is reality, here's one Lutz might like: Wall Street is warming to the idea that GM isn't dead yet. After losing $10.6 billion last year, the company reported a first-quarter profit of $445 million, its first quarterly gain since 2004. Much of that was due to accounting optics - and GM still lost $503 million in its North American auto operations. But in recent weeks the stock has rallied 42% from its 52-week low of $18.33. "There's more optimism than there was a month ago," says analyst Brian Johnson of Bernstein Research, noting "glimmers...
...hospital patients [May 1] only scratched the surface of what is wrong with our health-care system, which is in a rapid downhill spiral. The interests of consumers and caregivers are losing out, and the winners are the publicly traded insurance companies, which make hundreds of millions in profit as they cut patient services. Why are those companies allowed to make such huge sums of money while some hospitals cannot afford to upgrade their technology or are forced to close altogether? It is time for the entire industry to undergo fundamental reform. MICHAEL PECK, M.D. Rockville...
...moral of this story, the reason not to forget technology, is that it really can solve problems. Not only comparatively little problems—computationally intense questions in theoretical physics—but really big ones as well: A non-profit organization called “One Laptop Per Child” started by an MIT professor aims to use today’s technology to distribute robust $100 laptops to the world’s poor as a step towards improved education. If we’re going to make progress on the difficult problems we?...