Word: booning
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...prohibition is a huge setback for the polygraph industry, which is expected to lose about 85% of its $100 million in annual revenues. But the new law is a boon for firms that offer two other character tests: pencil-and-paper quizzes and graphology, or handwriting analysis. Says Eric Zorn, senior vice president of the Jamesway discount-store chain: "I'm very unhappy about the new law, but I'm thankful we can still use written tests...
...biggest telephone contract in history: to replace the cranky, 25-year-old federal long-distance telephone system with a modern, fiber-optic system that would be capable of transmitting not only conversations and data but also video images. The deal, which is worth upwards of $25 billion, was a boon for AT&T. The company recently projected an annual loss for this year of up to $1.7 billion -- its first in more than 100 years. For struggling Sprint, the contract was a godsend...
Leveraged buyouts seemed like a small-time, unglamorous financial gimmick when KKR began hawking them on Wall Street in the mid-1970s. But the arrangements were an immediate hit with managers who saw the wisdom of taking their companies private to escape corporate raiders. LBOs were also a boon to promising firms that wanted to grow outside Wall Street's harsh spotlight...
...many professors, in particular the department heads who Spence has enlisted in his agenda for change, view the new system as a boon to their departments...
...restaurants prepare their own desserts, which is a boon to suppliers like Just Desserts, the San Francisco bakery. In addition to running four retail shops, it services 550 restaurants. Its best sellers: chocolate sour- cream fudge cake, apple pie and carrot cake. In five years the business's butter consumption has jumped from 3,000 lbs. a week to 7,000, while its weekly flour order has doubled from...