Word: prospectus
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...about five o’clock that afternoon. “No team in major league history had held a seven-game lead with 17 games to play and not made the playoffs. On Sept. 12, the day the Mets led the National League East by seven games, Baseball Prospectus, the noted statistical Web site, rated New York’s chances of missing the playoffs at 500-1. On Sunday, the Mets hit the infamous jackpot.” I read that on ESPN right before leaving for Central Square. So I was in a foul mood when...
...position players five weeks or so, to get into shape? No way. First, if they're truly earning their millions, players will be lifting weights and whacking balls all off-season. "These guys don't sell suits in the winter anymore," notes Joe Sheehan, a senior writer at Baseball Prospectus. Plus, why should, say, the NBA have only a month-long preseason, while baseball stretches it out another half month? Basketball is without a doubt a more physically grueling game, so theoretically pro hoops players should need even more time to shape up; if you think I'm wrong, just...
...before. For years, it backed investment funds through a traditional financial-services company but increasingly grew frustrated with the performance and goals. Last year, after being turned down by more than two dozen investment firms, it created its own no-load investment funds. They have a clearly written prospectus and small minimum investment of $100. The funds' advisers are rare in the business in that they are paid salaries, not commissions. The funds have attracted $36 million so far, outpacing the $24 million average of other new funds. "It is a good example of our triple bottom line, says Dawn...
...Howard and his key ministers are not aggressively selling the latest public offer; it's a more sober T-time. The prospectus will most likely focus on the company's strong balance sheet, a plan to cut 12,000 jobs and the building of a zippy new mobile-phone network; Telstra's board has promised to pay a dividend of 28? a share for the year to June 2007. On the downside, Telstra resembles an antediluvian creature, raised when fixed copper lines were king and competition on lucrative products was insignificant. It's unlikely the sale managers will have trouble...
...firm's revenue. Yukos' main oil-production unit was auctioned off to a single low bidder that turned out to be a front company for Rosneft. Those confiscated Yukos assets now constitute about 70% of Rosneft's oil production and reserves. The company's initial public offering (ipo) prospectus lists more than $47 billion in outstanding legal claims relating to the Yukos affair, and Khodorkovsky's lawyer, Robert Amsterdam, decries Rosneft as "the handmaiden of expropriation." Security Even some investors who are bullish on Russia are concerned. "The Russian legal system is not a credible one, and that...