Word: stockly
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Earlier in the decade, the CCSR recommended that the University divest itself of stock held in PetroChina Company and Sinopec Corporation due to concerns about the oil companies’ ties with the Sudanese government and the ongoing Darfur humanitarian crisis in the country...
...government stimulus money has spilled into property markets, and prices climb as developers struggle to acquire new stock, some Chinese have grown desperate as they struggle for what they see as fair payment for their property - or simply want to hang on to their homes. The media often carries stories of the struggle getting violent. Late last month protesters shut down several major intersections in the southwestern city of Guiyang after a dozen residents were kidnapped so workers could demolish their homes. (See portraits of China's workers, from the 2009 Person of the Year special...
...before the House system, before “cage-free eggs,” before the very forging of the United States of America, Harvard students rose up to stand against injustice in the dining hall. That year, the dining steward had purchased a full stock of rotten butter and let it further decay before attempting to serve it in the dining commons. In response, a group of students banded together as the “Sons of Harvard,” in the spirit of the recently formed Sons of Liberty, and planned to stand against the administration that...
...officials say Citi will no longer be considered one of the companies that have received "exceptional assistance" from the government. That means pay czar Kenneth Feinberg will no long have a say over salaries at the company. What's more, the company will save $1.6 billion in annual preferred-stock dividend payments it would have owed the government on its TARP loan...
...Nonetheless, the deal will be costly for Citi. In order to exit TARP, the bank will have to sell $20.5 billion in new shares. Analysts estimate the stock sale will lower the company's earnings per share by about 20%. "One of the basic problems for [Citigroup's] valuation is that it has too many shares as a result of its many rounds of capital raising and exchange offers," says analyst David Hensler, who follows Citi for research firm Creditsights...