Word: stellar
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...height of the economic storm, the bank's pretax profits surged 19%, while assets increased 32% to $435 billion. This was no fluke: StanChart in early May said it achieved record profits in the first quarter of 2009, and its London-listed shares have doubled since March. Such a stellar performance during the worst recession in decades has placed StanChart in the enviable position of being able to gain market share and key talent at the expense of its competition. Standard Chartered CEO Peter Sands, 47, has a simple explanation: "We had a very clear strategy and we're very...
...bottom lines of Fannie and Freddie are any guide, the government seems to be doing a less than stellar job with the two mortgage-financing giants. In the first three months of this year alone, Fannie and Freddie lost a combined $33 billion; the government has pumped $85 billion in equity into the two companies to keep them afloat. What's more, the Treasury and the Federal Reserve have purchased more than $700 billion of Fannie and Freddie mortgage securities. Still, the turnaround of the two companies is not yet in sight. Lockhart said the bottom lines of Fannie...
...adding that this very appointment demonstrates that Harvard is “committed to maintaining the excellence of CNS.” “It’s a regional resource that we don’t want to cause to be less than stellar,” she said. Spaepen will work with Murray and Science Divisional Dean Jeremy Bloxham to explore and implement different cost-cutting strategies. According to Murray, some possibilities include discontinuing certain services, identifying efficiencies, and raising user fees for facilities. All researchers who use the center are charged a fee, according to Murray...
...English professor.In the renewed “Astrophysics” concentration (“renamed from Astronomy and Astrophysics”), a similar movement for common-ground courses is taking place. Concentrators will be required to take the newly created classes Astrophysics 16: “Stellar and Planetary Astronomy” and Astrophysics 17: “Galactic and Extragalactic Astronomy” in the hopes that the courses will foster excitement about astronomy early in their undergraduate careers, Charbonneau says. The department has also added three more Astrophysics classes requiring only a basic level of proficiency in physics...
DIED After 12 seasons as a standout power forward in the NBA, Wayman Tisdale, 44, turned to music. Tisdale, whose first love was the guitar, embarked on a stellar second act as a chart-topping bass player...