Word: stockely
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...Along came the curveball. Gateway's personal computers, marketed in cow-spotted boxes, lost their appeal. Sales tumbled; stores closed. The company's stock price plummeted. Fewer customers meant less customer support. When the Kansas City operation finally closed in 2006, Stevens was among the last employees let go. Now, for the first time in her life, she's finding it difficult to talk her way into...
Transport is the last and possibly most vital remaining element in improving Paris and its region's future--and not just for tourists. Though Paris' commuter- and subway-rail network is among the most efficient and dense in the world, its rolling stock is in need of significant modernization. Ways need to be found to unclog saturated Parisian lines--particularly the No. 13, serving St.-Denis to the north; the No. 1 main line that all tourists use, which runs east-west from the Etoile to the Bastille; and the parallel RER commuter line. Three different plans that would cost...
...intensity with which the spiffily attired investment brokers of the African Banking Corp. stare at their computer screens is misleading. A closer look reveals that they're either fiddling with iTunes or playing solitaire. Still, their boss, Seti Shumba, who moonlights as chairman of the Zimbabwe Stock Exchange, offers them smiles and pats on the back - he's just glad they showed up to work...
...month, he unveiled a series of trillion-dollar notes. The Cato Institute estimates the country's hyperinflation, one of the worst in history, exceeds 89 sextillion percent, or roughly a doubling of prices every 24 hours. Rather than admit to economic mismanagement and corruption, government officials are scapegoating the stock exchange. "There have been attempts to blame 'speculators' and 'rogue traders' for a sharp depreciation in the Zimbabwe dollar and rising inflationary expectations," says Shumba...
...Trading on Zimbabwe's volatile stock market made Wall Street's dubious derivatives look like Treasury bills. With an economy locked out of the global financial system, daring foreign hedge funds and institutional investors saw this obscure market - much like emerging investment funds in wine and fine art - as an opportunity to diversify, or seek "exotic beta," in finance parlance. Though real returns may occasionally hit the high double digits, says Shumba, investing here can seem like playing Russian roulette: the exchange is highly fickle and illiquid, with a total market capitalization that has fluctuated tenfold in the past year...