Word: bulls
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...Mathew Brady was the country's best-known photographer, an early specimen of the celebrity portraitist and a frank businessman whose New York City studio was located not far from P.T. Barnum's museum. Brady kept a second studio in Washington, and when the First Battle of Bull Run broke out just 25 miles from the capital, he rushed toward the lines with two vanloads of equipment. Amid the scramble of the Union retreat, all the plates from that first day's work were lost...
...hole, waiting, when suddenly there they were -- a herd of seven elephants approaching the water hole. The little ones were frolicking and gamboling about, some of them locking their tusks and pressing their heads against each other in a kind of reverse tug-of-war. A pretty good-size bull noticed us. His ears flared in alarm, and he looked very menacing." Gup and Campbell tensed, but the bull did not charge them...
...product lines, one thriving and the other struggling, most companies would have no problem deciding which one to embrace. But for Zenith, the decision was painful. The suburban-Chicago company surprised the high-tech industry last week by agreeing to sell its prosperous computer division to France's Groupe Bull for about $635 million. In doing so, Zenith, the last major U.S. maker of TV sets, decided to stake its future on that risky and supercompetitive business...
...dominate. The company bought the electronics-kit maker Heath in 1979 and expanded the division to include a line of laptop computers. Zenith's machines are now among the world's best sellers, bringing in about 60% of the company's revenues of $2.7 billion. With this deal, Bull will become the largest European-based computer maker...
Another reason for nervousness right now is the too-good-to-last superstition. "This could be the eighth up year in a row," says Morgan Stanley's Byron Wien. "That's never happened in this century." During this bull cycle, U.S. stocks have produced a compounded 17% annual return, almost twice their historic 9% average. Even during the crash year of 1987, the Dow managed to rise...