Word: analysts
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Dates: during 1980-1989
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Meanwhile, the U.S. was faced with the spectacle of a healthy corporation sheltering under laws ostensibly intended for the weak and ailing. As Anthony Ludovici, an oil analyst for the Tucker, Anthony & R.L. Day investment firm, put it, "While Texaco will be in bankruptcy, Texaco won't be a bankrupt company...
Nonetheless, as New York Bankruptcy Judge Howard Schwartzberg assumed his overseeing duties with Texaco, it seemed to many analysts that the company had suddenly gained the upper hand in the high-stakes brawl it had appeared to be losing. Said Sanford Margoshes, an oil analyst at the Shearson Lehman Bros. investment firm: "Texaco has bought time. Its prospects are not as bleak." Wall Street seemed to agree. When the New York Stock Exchange opened trading after Texaco's bankruptcy filing, the company's stock dropped from 31 7/8 to 28 1/2 a share. Then the holdings rebounded, closing last week...
Even though he was hired as a political analyst, Van Voorst, like all other new CIA officers, took a course in basic intelligence gathering. One final exam called for surreptitiously opening a series of sealed envelopes, each inside the one before, and removing a note from the last envelope before resealing the lot. "I successfully extracted my message," says Van Voorst, "but students who used steam were dismayed, because the envelopes had been treated with a purple dye that reacted to the heat...
...study's author, policy analyst Janet S. Hansen, says that students are not aware of the financial risks they are taking when they borrow large sums of money to pay for college. In an economy marked by low inflation and slow growth in which the number of well-paying jobs for young people seems to be steadily declining, loan repayment will constitute a heavier burden in the future than it did in the 1960s and '70. "We should not take a caveat emptor attitude toward students," she says...
...golden arches stand tall over the competition in the huge fast-food industry, which rang up sales of $50.5 billion last year. McDonald's market share: 19%, in contrast to Burger King's 9% and Wendy's 5%, according to Analyst William Trainer, who follows the industry for Merrill Lynch. While the other hamburger chains posed fast-growing threats to McDonald's in past years, the rivals now have generally turned down the heat on their expansion...