Word: returns
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Dates: during 2000-2009
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...have changed. Brainard called FAL's relocation a "temporary" move, but said that it would likely remain in Littauer for the next eight to ten years. She said that she did yet know where FAL would be moved afterwards, but that it is unlikely it will return to the Harvard Art Museum.HCL also announced earlier this week that the main entrance to the Pusey Library would be closed at the end of July, and that patrons could access the Harvard University Archives, the Harvard Map Collection, and the Harvard Theatre Collection staff offices via Lamont Library's main entrance instead...
...clear departure from the historical norm, the White House is not cheering the return of huge profits to Wall Street. On the contrary, the recent windfalls at Goldman Sachs and JPMorgan, and the promise of giant year-end paydays for banking executives and traders, has caused a bit of consternation in the West Wing, coming as it does so soon after the taxpayer bailouts saved the entire financial system from total collapse...
...stock market rose powerfully on Wednesday, with the Dow jumping 3.1% to 8,617 and the small-stock Russell 2000 index rising 3.9%. That's more than most bond funds return in a full year, and it was the best daily performance in the last three months for many market indexes, including the Dow and the S&P 500; the broad S&P index is up 6% this week alone...
...Market sentiment was boosted earlier in the week by a surprisingly good profit report from Goldman Sachs, which logged second quarter earnings of $3.4 billion and an eye-popping return on equity of 23%. Investors got a second round of heartening news on Wednesday morning when Intel reported sales that were 10% better than analysts had been expecting; Intel's earnings also beat expectations by a wide margin and the company offered encouraging guidance about the third quarter. The chipmaker's shares rose more than 7% Wednesday, putting the stock's rise so far this year at 25%. Intel...
...eyeballs glazing over isn't surprising: glamorous these trade schools are not. But there's a good reason why Obama calls community colleges "one of America's underappreciated assets." They set up their alumni for about a 30% earnings premium compared to high school grads, give a 16% return on every dollar state and local governments invest in them and are one of the best tools we have to pull ourselves out of the recession. In short, as Obama noted at Macomb, "community colleges are an essential part of our recovery in the present and our prosperity in the future...