Word: brightening
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Consider the precedents this building sets for the Yard: Jordan Marsh has long wanted a Cambridge site. The Golden Arches of one-all-too-familiar franchise would certainly brighten the Dexter Gate. And HoJo's orange roof would assuredly rise only nine feet above the ground. Picture the parades of electric golf carts commuting daily across the river through Harvard Square and replacing the Buildings and Grounds trucks that will no longer have access to the Yard, once the new library narrows passage between Houghton and Widener...
...activities that they have uncovered add up to an astonishingly audacious business flimflam. In dire need of cash because of sagging mutual fund sales, the company's officials in 1969 devised what seemed to be a surefire way to get capital, brighten their balance sheets and keep their stock attractive. They began inventing fictitious insurance policyholders, putting them on the books and selling the phony policies to other companies that were in the business of reinsurance. Under this arrangement, the reinsurer pays the company that sold the policy $1.80 for every $1 it gets in premiums the first year...
Hoping to brighten the dour national mood, government leaders declared a nationwide system of wage increases and lump-sum bonuses, which is likely to take effect sometime after the parliamentary elections in March. The plan applies to those making less than $434 a month in greatly inflated escudos, and will be formulated on a sliding scale favoring the lowest-paid workers. Chileans, however, have learned to be wary of the consequences of such enforced increases. In October 1971, after a 100% wage jump was ordered to give the lower classes more buying power, shoppers emptied shelves of already scarce consumer...
...gainers are expected to be cyclical issues, the stocks that react most directly to swings in the economy. For example, the projected spending burst for capital improvements should burnish the allure of heavy equipment and machine-tool issues. Business inventory accumulation, which is just now beginning in earnest, should brighten prospects for copper, aluminum, steel, chemical and paper stocks. Among the categories expected to lag in 1973 are food stocks, which analysts believe are already fully valued, still-limping aerospace stocks and many speculative issues. For a broad range of stocks, however, 1973 is shaping up as a gilt-edged...
Several years ago. Dean Dunlop told the Faculty that it faced "seven lean years" financially. Last week, he said that although the financial picture continues to brighten, several more lean years he ahead...