Word: stocking
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...been able to not only pick up that business but also raise interest rates, since borrowers have fewer options. Shares of many of the companies, including Cash America, Dollar Financial, First Cash Financial and World Acceptance, have risen sharply this year. World, one of the biggest, has seen its stock price rise to a recent $41 from $15 a year ago. World makes much of its money refinancing its existing customers into new loans with longer terms and lower monthly payments. But last year, it also increased lending. At the end of 2009, World had $839 million in outstanding loans...
...company applied its core expertise, the supply of real-time financial analytics to Wall Street traders, to sports statistics. (And while spending hours stuck in New York City-area rush-hour traffic, they had plenty of time to ponder.) After all, in many ways fantasy teams are similar to stock portfolios, with players as the assets. If Bloomberg could analyze a stock via every imaginable statistic and performance graphic, why couldn't the company do the same for athletes? With fantasy sports now a $4.5 billion industry, wouldn't there be demand for a Bloomberg product geared toward that market...
...Surgut two years ago, the proceedings in the shabby auditorium started off as tightly scripted as a Politburo meeting. That is, until the moderator called for questions and Alexei Navalny took the stage. In front of some 300 stunned shareholders, Navalny, who owned about $2,000 worth of stock in the company, grilled senior management for several minutes about the company's minuscule dividends and opaque ownership. When he finished, there was a brief silence and then an unexpected burst of applause from a small group of shareholders in the back of the hall. The company directors were visibly flustered...
...minions. And in the two years since he crashed that shareholders meeting in Surgut, he has arguably become Russia's most relevant political renegade. He is demonstrating that there may be a tool more effective than the ballot box in keeping Russia's ruling class in check: stock. (See the top underreported stories...
...rights." "While professional investors solve their problems quietly, this everyman, without status or power, is trying to fight the system," the paper wrote of Navalny. Sergei Guriev, dean of Moscow's New Economic School and an independent board member of Sberbank, a state-owned company in which Navalny has stock, says the lawyer's focus is a logical avenue of dissent for politically minded young people who are unable to crack into Russia's rigidly controlled political landscape. "His generation of opposition politicians has been denied a career in politics," he says. "They may have to wait 20 years...