Word: beared
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...moment, at least, NASDAQ isn't rolling out the welcome mat for most dotcoms, and high-flying Internet IPOs are practically a distant memory. Like his fellow VC wannabes, from buyout king Henry Kravis to anonymous Florida retirees, Newman isn't about to let a little thing like a bear market crush his dreams of jump-starting the next Yahoo and riding it to the bank. Never mind that the vast majority of VC bets have failed or that inexperienced players may have a tough time picking winners in a choppy market...
There have been only four bear markets in the past two decades, and during each the Dow Jones industrial average declined 24% on average. But traditional defensive groups did better than that, according to a survey of 100 industry groups by Florida-based Ned Davis Research. Tobacco was down only 9%. Food producers dipped 12%, and grocery chains fell only 10%. Household-product companies dropped 15%. Drug stocks were off 19%. Electric utilities declined between 5.7% and 8.7%, depending on the region...
...Garland says the fundamental differences in purpose between the College and PBHA do not preclude the two organizations continuing to work together, but says they are important to bear in mind...
...With the Crimson facing third-and-30 on its next possession, a Wilford bomb thrown 50 yards downfield was intercepted by Brown cornerback Melvin Justice and returned all the way back to the Crimson 18-yard-line. The Bear offense scored off the turnover, and Harvard was unable to come back despite driving into the red zone on its next two possessions. The final Crimson drive ended in a Wilford interception, the team's sixth turnover of the game...
...most part, evidence seems to bear this assertion out: student retention rates are the highest in the nation, almost all undergraduates live on campus, admissions yield rates continue to climb and giving by alumni is extremely generous...