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Online Stock Market Trading The big blackout cost an estimated $4 billion to $6 billion, no more than a ripple in the economy and mostly temporary at that, economists say.

The most comprehensive overhaul of national energy policy since 1992, the act will cost an estimated $14.4 billion over 10 years.

Stock Investing Course As disasters go, it won't make the Top 10 and probably not even the Top 20 in terms of insured property losses, according to Insurance Services Office, a Jersey City advisory company.

The new Medicare bill is one such policy that will create economic havoc in the US for generations to come. While the federal government estimates that it will cost $400 billion over the next 10 years to pay the prescription drug costs for certain Americans, there is no upper limit to how much the government is obligated to spend. Some estimate that this bill will cost trillions of taxpayer dollars. 2, 3 And because the federal government is already running a $500 billion deficit, the money must be borrowed to pay today inflated drug costs.

Stock Market Game The company defines a catastrophe as a single incident or series of related incidents -- man-made or natural -- that cause insured property losses totaling at least $25 million and affect a significant number of policyholders and insurers.

However, California estimates its efficiency standards have saved more than $36 billion in energy costs since 1978, and will save another $43 billion by 2013. Stricter efficiency standards also help avoid rolling blackouts, reduce peak demand, and avoid the need to build new generating capacity.

Stock Investing Game The blackout is expected to reach that level of insured property losses but fall far short of the $2.2 billion for the April 2001 tornadoes in the Midwest and South and last March's winter storm in the Northeast, which tied for No. 9. The costliest disaster on the list was the Sept. 11, 2001, terrorist attacks at $20.7 billion in insured property losses, followed by Hurricane Andrew in 1992 at $19.9 billion and the 1994 Los Angeles earthquake at $15.2 billion.

Management also noted higher material costs. Earlier, Cardinal said net earnings fell to $249.1 million, or 69 cents per share, in the first quarter, ended Sept. 30, from $301.8 million, or 82 cents per share, a year earlier. Excluding items, Cardinal earned 74 cents per share, 4 cents above the average forecast on Wall Street, according to Reuters Estimates. Quarterly sales rose 11 percent to $24.35 billion.

Journal Prime Rate Street Wall "It is a minor nuisance, as opposed to a major disaster," said David Wyss, chief economist at Standard & Poors. He added that the closures were too short to have a significant effect on overall manufacturing and the retailing industry.

GAAP deferred revenue is expected to be in the range of $2.94 billion and $3.04 billion. GAAP deferred revenue is expected to be in the range of $2.95 billion and $3.05 billion. Fiscal Year 2008 Guidance. For the fiscal year ending March 28, 2008, GAAP revenue is estimated in the range of $5.835 billion to $5.875 billion. GAAP revenue is estimated in the range of $5.90 billion to $5.94 billion.

Stock Market News Mark Zandi, chief economist at Economy.com, said most of the losses would be recouped in the next few days and weeks, and Michael P.Niemira, vice president of Bank of Tokyo-Mitsubishi, estimated that merchants made up two-thirds of their $30 million lost business on Saturday.

Stock Investing Basics There were even some winners.

Stock Investing Software Liquidation.com -- an online liquidator that sells excess goods from retailers -- experienced a surge in goods brought online this past weekend.

Stock Market Trading Home Depot, the nation's largest home improvement chain, and its second-ranked rival, Lowe's, both did big business in generators.

Stock Investing For Dummy But plenty of others suffered.

Stock Market Crash "The biggest losers are the ones that have been losing for the past three years ... the cities, airlines and small retailers," Zandi said.

Stock Investing Tip State and local governments, particularly in New York, took the biggest hit.

Stock Market Chart New York City comptroller's office estimated that losses topped $1 billion, including $800 million in lost gross city product -- half of that in the first 24 hours. The figure also includes $250 million in frozen and perishable food that had to be dumped, spokesman Michael Egbert said.

Online Stock Investing The blackout cost the city's 22,000 eateries alone between $75 million to $100 million in wasted food and lost business, the New York State Restaurant Association calculated.

Stock Market Crash Of Broadway lost $1 million worth of tickets for shows canceled after the lights went out Thursday, and Jed Bernstein, president of League of American Theatres and Producers, estimated that theaters will only recoup about half those sales.

Stock Investing For Beginner By Anne D'Innocenzio
Associated Press - 8/20/2003

Topic: Energy

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