Word: two-year
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...meeting, the presidents also mandated that admission of recruits for men’s basketball and men’s ice hockey will now be regulated along with the rest of the Ivy Championship sports for a two-year trial period. In the recent past they had been regulated independently...
...Japan was denied permission to begin new "scientific" whaling operations - in which 300 more whales would be taken - because the IWC believed it would be thinly disguised hunting. Iceland recently announced an intention to return to commercial whaling by 2006 - following a "scientific" kill of 500 whales over a two-year span. The commission slapped down the idea after its scientific committee found the proposal "deficient in almost every respect." But the environmentalists, too, had difficulty in some areas. Proposals for two new whale sanctuaries, in the South Atlantic and the South Pacific, were shot down again. Such moves require...
...question then is, How do you spot a hot young fund before it's obvious--and the money pours in? You should ignore one-or two-year returns and focus on what stocks a fund holds at any given moment, according to Randolph Cohen, finance professor at Harvard Business School; Joshua Coval, finance professor at Harvard; and Lubos Pastor, finance professor at the University of Chicago Graduate School of Business. If the stocks that a young fund holds are largely the same as those held by funds with proven success, it follows that the manager of the young fund thinks...
...most important holding, has dropped from a high of €268 to a low earlier this year around €44. The more the stock declines, the more Pinault has to pledge to the banks. According to PPR's 2002 accounts, 36.8 million of the 51.6 million PPR shares owned by Artémis were pledged to banks at the end of last year. A significant cause of these woes dates back to September 2001, when Pinault won a ferocious two-year fight with another French tycoon, Bernard Arnault, for control of the Italian fashion firm Gucci. Victory seemed sweet...
...elected mayor in 1971 and served three more two-year terms in office...