Word: quarters
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Dates: during 2000-2009
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...interest from the future stakeholders ... to start the process of selling down the shares. All agree that it's important to make General Motors a publicly traded company," says Ray Young, GM's chief financial officer. The earliest it would happen, Young projects, is around the first or second quarter of 2010. (See pictures of the remains of Detroit...
...About a quarter of One on the Bund's menu is composed of seafood dishes, the ingredients sourced and served with great finesse. The emphasis on freshness can be attributed to Yeung's upbringing on the picturesque Hong Kong island of Cheung Chau, which still supports a traditional fishing community. Also available are several signature dishes from his Hong Kong restaurant Shui Hu Ju, known for Chinese cuisine with a modern twist: crispy lamb ribs, clams in white wine and chili padi (a small fiery chili pepper), and young asparagus dipped in white sesame are among them. Admittedly Yeung...
...quarter ended March 31, retail sales of grand pianos were down 18.6%, according to the Music Trades magazine, and school-music product sales fell 6.5%. Nonstring instruments, from trombones and tubas to flutes and pianos, tend not to attract investment dollars because they diminish in value with wear and tear and age. Well-maintained string instruments are distinct - like wine - in that they appreciate with age as wood mellows and tonal qualities mature...
...that pension funds consider adding top instruments to their portfolios to diversify their risk. "Violins are much less volatile than art," says Graddy, who co-authored a paper called "Fiddling with Value: Violins as an Investment?" While the Mei-Moses Fine Art Index was down 35% in the first quarter of 2009, prices for top instruments showed no such tumble. (Read "How to Know When the Economy Is Turning...
...past two years, the yield curve has gone from a bunny slope to a double black diamond. The difference between the 3-month Treasury bills and U.S. 10-year bond is now 3.65 percentage points. Two years ago, the difference between those two rates was a mere quarter of a point...