Word: buying
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Dates: during 1960-1969
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...bombed. At most, 103,000 have been sold, and sales now are down nearly to nil. At the Record Shack on Harlem's 125th Street, Manager Buddy Franklin said that even at $1.10 off the list price of $4.79, Faith has become a dust catcher. Potential customers rarely buy the record after listening to it. "After they hear it once," said Franklin, "who needs...
...diversification, Mr. Mac has been trying for years to break into the ranks of civilian-airplane manufacturers. And he has been repeatedly frustrated. In the late 1950s, he sank $15 million into a four-engine turbojet transport intended to be a corporate plane or Air Force trainer. Nobody would buy it. "That was the time," says McDonnell ruefully, "that old Mac got doodlebugged again...
...Downdraft. But he was not about to give up. It was almost inevitable that Mr. Mac should go all out to buy Douglas when he got a chance. He made a first overture in 1963 after picking up an estimated 200,000 shares of the California company's stock. Douglas rejected his advances, and McDonnell later sold his holdings at a handsome profit...
...century," says Sylvain Floirat, 67, in the rolling accent of France's Périgord region, "when you founded a business, it was supposed to last at least two generations. Nowadays it's only a matter of a few years." Floirat has taken advantage of the change: buying and selling businesses ("Anybody can buy; knowing when to sell is another story"), he now owns 94 companies and a personal fortune of at least $100 million. And they know him at the bank. "There are only three of us on the Champs Elysées," Floirat says expansively...
...nature of work should be redefined," he said. "Students should be paid for studying, in addition to having free tuition." Such pay would be an inducement to economically-disadvantaged students not to leave school, he said." A 16-year-old dropout who's working and making enough money to buy clothes and look nice on a date won't give that up to go back to school," he said...