Word: stockings
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...town-gown relations standpoint, the increased PILOT will help Harvard get back on the Cambridge government’s good side after years of acrimonious debate over the fee. Coupled with progress made in coexisting and communicating with residents of the Riverside and Agassiz neighborhoods, Harvard’s stock with city residents and local government officials has rarely reached such heights. That said, it is unfair that Cambridge should essentially bully Harvard into paying pacification money—in exchange for better town-gown relations—long before the former PILOT agreement was scheduled to run out. Harvard...
...marker down 16 months ago when he announced that Kodak would cut dividends, slash investments in its film business--and milk its declining profits to fund $3 billion worth of acquisitions and investments crucial to the digital transformation. The market response was swift and brutal: Kodak's stock price plunged 18% that day to a 20-year low. Carp followed up with a plan to eliminate nearly a quarter of the company's 64,000-person work force by 2006. Still, Wall Street analysts doubted that Kodak, with its legacy culture and reputedly ossified management, could match the pace...
...keeping it. Now that's showing respect for your elders. - By Adam Smith Profits By The Barrel Royal Dutch/Shell announced a 2004 profit of $18.5 billion, the highest ever for a British-listed company. That followed similarly upbeat earnings from ChevronTexaco and ExxonMobil, although in all three cases company stock barely moved on the day earnings were released; in Shell's case, its announcement also disclosed a further reduction in the firm's proven reserves. Another big oil firm, BP, is scheduled to announce earnings this week...
COULD I INVEST IN THAT REALLY HOT STOCK MY BROTHER-IN-LAW HAS BEEN TOUTING...
...Investors' choices would be limited, much as they are under the Thrift Savings Plan now available to federal-government workers, who can invest in five broad, general funds: a large-cap stock fund, a small-cap stock fund, an international stock fund, a corporate-bond fund and a Treasury-bond fund. The government would also offer what is called a life-cycle fund, in which the mix of investments changes according to the investor's age. None of those options are particularly sexy, but because they are more diversified than individual stocks and bonds, they are less likely to suffer...