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Past Performance

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BUSINESS
By Knight-Ridder News Service | June 28, 1992
For years, life-insurance agents have been using computer-generated charts to sell products. The illustrations are meant to show how particular policies will multiply in value, assuming certain interest-rate conditions.But one industry leader recently criticized this controversial practice. Thomas B. Wheeler, president and chief executive officer of Massachusetts Mutual Life, said that the charts were misleading to consumers, and that agents should stop using them."My position is that illustrations are not appropriate to project future performance or to compare contracts," Mr. Wheeler recently told a group of 5,000 top-selling insurance agents.
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NEWS
November 13, 2013
The election for Laurel council members is over and the residents realized who was right for the positions. The re-election of all current council members shows that the residents respect their past performance. They have proven that they can run a city by looking at all the facts first before spending our tax money. Team Laurel conducted themselves during the campaign with honor, dignity and class, taking the high road. They are a great example for young citizens to follow. I am amazed at how quickly the new shopping center is coming along and look forward to shopping locally again.
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NEWS
November 13, 2013
The election for Laurel council members is over and the residents realized who was right for the positions. The re-election of all current council members shows that the residents respect their past performance. They have proven that they can run a city by looking at all the facts first before spending our tax money. Team Laurel conducted themselves during the campaign with honor, dignity and class, taking the high road. They are a great example for young citizens to follow. I am amazed at how quickly the new shopping center is coming along and look forward to shopping locally again.
NEWS
By Yvonne Wenger, The Baltimore Sun | May 2, 2012
Maryland's second-largest foster care provider will lose its contract with the state to place children in homes, a Department of Human Resources spokesman said Wednesday. Any children placed with Contemporary Family Services must be transferred to the care of another placement company before the contract expires June 30, according to a letter from the department to the company's executive director, John L. Monroe. A transition plan is being developed for the foster children and parents.
SPORTS
By CHILDS WALKER | December 25, 2008
Candy, I can't believe you're forcing me to argue against Santa Claus on Christmas. That's just wrong. But if it's Scrooge I must be, here are some loose threads in that famous red suit. I know you all are expecting me to go the weight route. And really, I could point out that the Orioles have a checkered history with hefty hurlers, from El Sid to Sir Sidney. But as a portly fellow myself, I'm going to hover above that low road. I'm more worried about age. The Orioles have declared a youth movement, and we have to respect the mission by eschewing a chap with a white beard and a nose weathered by too many years on the sleigh.
BUSINESS
By Jerry Morgan and Jerry Morgan,NEWSDAY | June 1, 1997
The standard mutual fund disclaimer says that past performance is no guarantee of future results.But some funds may soon need a new caution that says "past performance is no guarantee of past performance."That may seem odd, but consider that the Securities and Exchange Commission will allow some new funds that are conversions of different kinds of investment vehicles to advertise past performance even though the previous investment vehicle wasn't comparable to a mutual fund.The SEC also will allow portfolio managers to advertise their records at other funds or fund companies, even though there may be huge differences in the circumstances under which the previous investment was managed.
NEWS
By Gary Gensler | February 11, 2002
WITH THE election of a Maryland state treasurer, it is worthwhile to take a close look at the performance of the state pension system. With $30 billion in assets helping to secure the benefits of more than 250,000 state workers, retirees and beneficiaries, it's critical that these investments be managed properly. The pension system's past performance is not encouraging. It has lost a fortune through actively picking and trading stocks, with money managers and mutual funds, all in a futile effort to beat the market when a wealth of experience says that it is not likely to do so over time.
BUSINESS
By Pat Dorsey and Pat Dorsey,MORNINGSTAR.COM | April 14, 2002
Personally, I think the toughest part of the investing process isn't analyzing companies or valuing stocks - it's figuring out when to sell the stocks I own. Judging by the e-mail I receive, a lot of other investors seem to feel the same way. For instance, Joe McElroy writes, "I wonder about throwing out the rotten eggs, of which I have a bunch. ... I bought some stocks when they were well off their highs, but they kept dropping lower. But why should I sell these rotten eggs at steep discounts?
BUSINESS
By Thomas Easton and Thomas Easton,New York Bureau of The Sun | June 23, 1991
NEW YORK -- As the financial performance of Baltimore-based USF&G Corp. eroded in recent years, its management tended to make the kind of maddeningly optimistic comments that irked many financial analysts and primed less-skeptical investors for a shareholder suit (filed in November and still outstanding).Now, as the insurer's new senior management takes an opposite approach, announcing extensive write-offs and forecasting a tough year ahead, the question arises whether the sudden rush of candor presages better days or will be the final blow to the confidence of those USF&G needs to ensure its survival.
SPORTS
By Bill Tanton | May 18, 1992
On the morning after the Preakness, shortly after dawn, trainer D. Wayne Lukas -- naturally -- was at the Pimlico stakes barn, giving the most eloquent post-mortem.Lukas even had a surprise unsung hero for the 117th running of the race.Lukas, whose Dance Floor and Big Sur ran fourth and 11th, respectively, to victorious Pine Bluff on Saturday, is the most successful trainer in racing history.He has led the nation's trainers in earnings for nine straight years. In his 12 years in the thoroughbred business, Lukas has trained the winners of more than $125 million.
SPORTS
By CHILDS WALKER | December 25, 2008
Candy, I can't believe you're forcing me to argue against Santa Claus on Christmas. That's just wrong. But if it's Scrooge I must be, here are some loose threads in that famous red suit. I know you all are expecting me to go the weight route. And really, I could point out that the Orioles have a checkered history with hefty hurlers, from El Sid to Sir Sidney. But as a portly fellow myself, I'm going to hover above that low road. I'm more worried about age. The Orioles have declared a youth movement, and we have to respect the mission by eschewing a chap with a white beard and a nose weathered by too many years on the sleigh.
NEWS
By Karen Nitkin and Karen Nitkin,special to the sun | March 9, 2007
Katie Cheung knew that her grandfather, who lives in Pennsylvania, had been a freedom fighter during the Hungarian Revolution in 1956, but she had never asked him specific questions about that time in his life. Now, working on a documentary about the uprising for tomorrow's Howard County History Day competition at Reservoir High School, she has taken the time to learn more.
BUSINESS
By Pat Dorsey and Pat Dorsey,MORNINGSTAR.COM | April 14, 2002
Personally, I think the toughest part of the investing process isn't analyzing companies or valuing stocks - it's figuring out when to sell the stocks I own. Judging by the e-mail I receive, a lot of other investors seem to feel the same way. For instance, Joe McElroy writes, "I wonder about throwing out the rotten eggs, of which I have a bunch. ... I bought some stocks when they were well off their highs, but they kept dropping lower. But why should I sell these rotten eggs at steep discounts?
NEWS
By Gary Gensler | February 11, 2002
WITH THE election of a Maryland state treasurer, it is worthwhile to take a close look at the performance of the state pension system. With $30 billion in assets helping to secure the benefits of more than 250,000 state workers, retirees and beneficiaries, it's critical that these investments be managed properly. The pension system's past performance is not encouraging. It has lost a fortune through actively picking and trading stocks, with money managers and mutual funds, all in a futile effort to beat the market when a wealth of experience says that it is not likely to do so over time.
NEWS
By Paul West and Paul West,SUN NATIONAL STAFF | August 18, 2000
LOS ANGELES -- Stepping out before the nation as his "own man," Democratic nominee Al Gore promised last night to fight to build a "better, fairer, more prosperous America." The vice president, in an appearance widely regarded as critical to his lagging election chances, gave a commanding performance as he asked voters to let him lead the country "on a new journey to the best America." On a night designed to lift him out of Bill Clinton's immense shadow, Gore received a thunderous ovation from a party increasingly restive over polls that show him trailing Republican nominee George W. Bush.
BUSINESS
By Jay Hancock and Jay Hancock,Sun Staff | January 24, 1999
Baltimore's suburbs are steaming along with the rest of Maryland, adding jobs, erecting buildings, attracting income."They seem to have weathered the long dry spell of the early to mid-'90s, and they seem to be growing at a healthy pace," said Charles McMillion, chief economist for MBG Information Services, a forecasting and business consulting firm in Washington. "They seem to have a good mix of industries, and they're well-positioned for a good year, so long as the financial markets hold."
NEWS
By Yvonne Wenger, The Baltimore Sun | May 2, 2012
Maryland's second-largest foster care provider will lose its contract with the state to place children in homes, a Department of Human Resources spokesman said Wednesday. Any children placed with Contemporary Family Services must be transferred to the care of another placement company before the contract expires June 30, according to a letter from the department to the company's executive director, John L. Monroe. A transition plan is being developed for the foster children and parents.
FEATURES
By Jenny Komatsu and Jenny Komatsu,CONTRIBUTING WRITER J. Wynn Rousuck contributed to this story | September 24, 1995
More than 30 performers who have appeared at Totem Pole Playhouse -- the Fayetteville, Pa., summer theater under the artistic directorship of Baltimorean Carl Schurr -- will present a benefit for the theater titled "Music and Memories from Totem Pole Playhouse" at 8 p.m. Sept. 30 and 3 p.m. Oct. 1. This unusual reunion show will feature dramatic vignettes and music from favorite Totem Pole productions. "Music and Memories" will be presented at the Capitol Theatre, 159 S. Main St., Chambersburg, Pa. Tickets are $15 and are available through the Capitol Theatre Box Office, (717)
BUSINESS
By Jerry Morgan and Jerry Morgan,NEWSDAY | June 1, 1997
The standard mutual fund disclaimer says that past performance is no guarantee of future results.But some funds may soon need a new caution that says "past performance is no guarantee of past performance."That may seem odd, but consider that the Securities and Exchange Commission will allow some new funds that are conversions of different kinds of investment vehicles to advertise past performance even though the previous investment vehicle wasn't comparable to a mutual fund.The SEC also will allow portfolio managers to advertise their records at other funds or fund companies, even though there may be huge differences in the circumstances under which the previous investment was managed.
FEATURES
By Jenny Komatsu and Jenny Komatsu,CONTRIBUTING WRITER J. Wynn Rousuck contributed to this story | September 24, 1995
More than 30 performers who have appeared at Totem Pole Playhouse -- the Fayetteville, Pa., summer theater under the artistic directorship of Baltimorean Carl Schurr -- will present a benefit for the theater titled "Music and Memories from Totem Pole Playhouse" at 8 p.m. Sept. 30 and 3 p.m. Oct. 1. This unusual reunion show will feature dramatic vignettes and music from favorite Totem Pole productions. "Music and Memories" will be presented at the Capitol Theatre, 159 S. Main St., Chambersburg, Pa. Tickets are $15 and are available through the Capitol Theatre Box Office, (717)
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