Word: bros
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...well as in Australia, Sweden, and Denmark. To the festival’s credit, the atmosphere never felt very competitive. There aren’t too many pretensions on hand—no one’s trying to land a three picture deal with Warner Bros. For the most part, it’s just people making movies for the sake of making movies, and that’s why it’s so refreshing...
...comparable Toyota or Honda in the U.S., but with rising labor costs and a weaker dollar, Hyundai must persuade customers to pay more so that profits keep growing. Last year, Hyundai's earnings edged up a mere 2%, while sales grew 10%. Zayong Koo, an auto analyst at Lehman Bros. in Seoul, says it could take several years before Hyundai achieves this crucial pricing power: "They need to show a track record of good-quality cars in order for them to take that next step and raise pricing...
Some officials agree that records should be labeled to warn parents if a song is blatantly offensive, as many are these days. On the flip side, others complain that rating systems are too subjective. Warner Bros.' Bob Merlis says Elvis Presley could have been stamped with an X for promoting bondage and sadism in (Let Me Be Your) Teddy Bear. In that 1957 classic, the King cooed, "Put a chain around my neck and lead me anywhere." LABOR RELATIONS Of Pride and Protectionism...
...were investors so eager to buy? The fund earned $20 million for the three months ending Sept. 30. American Express also helped its own cause. When it came to selling the Fireman's stock, its Shearson Lehman Bros. division turned into a high-powered marketing machine. CORPORATIONS "It's Just That Awful Word...
...boom in mergers and leveraged buyouts. The massive stock purchases involved in those deals push up prices in general, but the buying is financed by huge loans that could shake the banking system if they go sour. Says Robert Salomon, director of stock research at the Salomon Bros, investment firm: "All this takeover activity is fine and dandy, but let's not forget that we are swapping equity for massive amounts of debt. Some of these highly leveraged companies could find it difficult somewhere down the line." A few analysts think they see the kind of borrowing-and-buying frenzy...