Word: weather
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...where are you investing now? We were in defensive stocks all last year, and that's still the bulk of our portfolio. Johnson & Johnson, Kraft, Pfizer, Microsoft - a lot of stocks that have great positioning in the market, really strong balance sheets to weather problems, stable top line. Those sorts of stocks have stability in down markets, though that stability hurts you when things start taking off. Around the edges now, in October and November, we started adding some more aggressive names, like some of the oil guys which bounced real hard. We bought Anadarko. We bought Valero...
...with Indian scientists from January to April 2006 to determine that two-thirds of the cloud's soot particles come from biomass combustion like household cooking and slash-and-burn agriculture. The researchers confirmed that the layer of haze - which many have blamed for the world's increasingly extreme weather patterns - makes rain both more rare during the dry season and more intense during monsoons. And in South Asia, the cloud's net effect on climate change, says the study, rivals that of carbon dioxide...
...despite short-term forecasts that could leave their balance sheets a sea of red, the general mood in Abu Dhabi was as sunny as the weather. That's because in the long term, developers of renewables know they'll win. Climate change aside, the simple fact that energy demand will continue growing rapidly once the downturn has ended means that new supplies will be needed. And no one - including oil giants of the Middle East - believe that fossil fuels alone will meet that gap. "This is absolutely going to scale big," says Frank Mastiaux, the CEO of the E.ON...
...also cited bad weather, unreliable T service, and frequent protests as factors that have kept people from the store in recent years. Richard said there was also a loss of clientele...
...water, but did so in an uncontrolled way," says Curtis. Water landings can result in fatalities as well; in 1970, an ALM airlines flight from New York's John F. Kennedy Airport to the island of St. Maarten ran out of fuel after missing three approaches in heavy weather, forcing the pilot to ditch in the Caribbean; 20 of the 57 passengers on board died, largely because no announcement was made to remind them to buckle their seat belts. In 1996, a hijacked Ethiopian Airlines flight over the Comoros Islands crashed into the ocean after running out of fuel...