Word: annually
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Dates: during 1990-1999
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...Harvard cards are much more resistant to erasure than ATM cards," Wamback says. "The only time we've heard of an erasure was in an MRI. Any card can be worn out, but that too is a very unusual because the annual expiration and replacement schedule for all cards minimizes any negative impact on convenience. Failure rates are therefore extremely...
...order of $100 million a year. Clearly, Infinity's 161 radio stations and other assets (including radio jock Don Imus), with a total market value of about $19 billion, overwhelm Stern. Still, if my estimate is close, Stern has a hand in 5% of Infinity's $1.9 billion in annual revenue. That may not be "material" legally, but it's information an investor ought to be able to get. By the way, the prospectus neglects to warn of a possible hit on Infinity's outdoor-advertising business stemming from a tobacco settlement limiting billboard cigarette ads. CBS takes the rosy...
Legal guidelines for what must be in a prospectus are vague in these areas. That said, most are still jammed with pertinent information. And where disclosure is lacking, there's typically a tipoff that you should check further--on the Internet, in the annual report or with a broker or analyst. In Infinity's case, the prospectus briefly alludes to the risk of losing "on-air personalities" with "significant loyal audiences...
...part because of information gathered by TIME, Southwest has hired an environmental-engineering firm, Air Quality Sciences of Atlanta, to conduct a complete hygiene inspection of the San Antonio center. The building undergoes annual cleanings and monthly inspections, asserts Ginger Hardage, vice president of public relations for Southwest. "We are known as a company that cares for its people," she says...
...comes two years after Ted Turner hectored his fellow billionaires to stop hoarding their market-inflated wealth. Last fall Turner (who is vice chairman of Time Warner, TIME's parent company) pledged $1 billion of his now $6 billion fortune to the United Nations in the form of an annual pledge of $100 million in Time Warner stock. He may have started something. The world's richest man, Bill Gates, long derided for being too penurious, has put $2 billion into his two charitable foundations. Earlier this month he donated $100 million in cash toward vaccinating children in the developing...