Word: underperform
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Dates: during 2000-2009
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...over." Still, how he would do so, and what would happen if Karzai's government did not clean up its corrupt ways, was unclear. Officials say the most likely punishment would be a withdrawal of U.S. and foreign funding to those ministries that are clearly corrupt or that underperform. As for development, Secretary of State Hillary Clinton, speaking on Monday in New York, said Washington's "goals in Afghanistan include providing the government with the support that it needs to take full responsibility for its own country. That makes civilian efforts as vital as military operations and of longer duration...
...Over the years, O'Leary has often been an outspoken critic of fund managers who underperform the market. He launched his first fund in May 2008. In the prospectus he wrote, "The recent market sell-off has provided an attractive entry point in a variety of high-quality public securities." Since that time, stocks in both Canada and the U.S. have plunged. O'Leary told Canadian business magazine Profit in June 2003, "There are a lot of idiot fund managers out there who add no value to the process at all." If O'Leary doesn't turn things around...
...While [Wells'] management's efforts to 'de-risk' Wachovia's problem loans may help in the near term, we still expect losses to exceed management's expectations," wrote analyst Paul Miller, who follows banks at FBR Capital Markets, in a recent report to clients. Miller, who rates Wells' shares "underperform," expects Wells' stock to fall by half its current price to $12. "Given our macro outlook ... we just can't get comfortable with Wells' balance sheet...
...better. A lessening in ANC support would ultimately be good for the health of South African democracy, which has lacked a strong opposition since the end of apartheid. Finally, ANC Presidents are a creature of their party rather than the electorate, as Mbeki's removal showed. Should Zuma underperform and disappoint his supporters, he might expect the same fate - and before his official term...
...quality of public education in the United States, on average, is lackluster. Though math and science scores are up nationwide, study after study still finds that students in U.S. schools underperform compared to students in many other developed countries. Teachers’ poor classroom performance is thought to be a major cause of this education gap, and President Obama has wisely identified teachers’ pay scale as a main determinant of teacher quality. Currently, teachers’ compensation is largely based on their seniority. After teachers gain tenure at a school, their salary steadily increases over time, and they...