Word: barneys
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...breaking records for trading volume as the Dow Jones industrial average surged ahead for an 87.46-point gain, the biggest weekly advance in history. "Nineteen years on the floor of the exchange, and I've never seen anything like it," exclaimed Daniel Pratt, a floor broker for Smith Barney...
Hearts at the University of Utah surely skipped a beat last week when Dr. William DeVries, 40, the pioneer surgeon who in 1982 implanted an artificial heart in retired Dentist Barney Clark, made a surprise announcement: he is resigning from the Salt Lake City medical center to join Humana Heart Institute International in Louisville. The institute is owned by Humana Inc., which operates a chain of 90 hospitals in the U.S. and three foreign countries...
Wall Street analysts generally applauded RCA's decision to abandon its onetime pet project. Said Smith Barney's Russell Leavitt: "The disc players were using up too much of the company's resources." RCA can take consolation in the fact that it hedged its bet on SelectaVision. The company is the biggest U.S. marketer of its disc player's chief nemesis, the VCR. RCA is expected to sell 1.5 million cassette machines this year, up about 100% from 1983. -By Stephen Koepp. Reported by Lawrence Mondi/New York
...Crooks interviewed scientists at universities and medical centers, spoke with teachers participating in a health-improvement scheme and talked to National Institutes of Health researchers about the amazing Pima Indians, who have very low heart-attack rates. Since last year, when she covered the progress of Artificial Heart Recipient Barney Clark for TIME, Crooks has become something of an expert on medical subjects, although her degree from Arizona State in 1977 is in music history. "Medical reporting is exciting," she says. "There are still so many questions about cholesterol requiring proven answers. But things change so fast. When...
Although Wall Street analysts share Lynch's enthusiasm for the commercial, they do not believe it will help Wendy's bite off a significantly bigger share of the $37 billion fast-food market. Says Joseph Doyle, the fast-food industry watcher for Smith Barney: "What frequently happens with successful ads like this is that people give a life to the expression itself but maybe don't relate it to Wendy's hamburgers." Wendy's is far behind its rivals in number of outlets. It has 2,553 outlets in the U.S., vs. McDonald...