Word: calling
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...after his whale murals built a $50 million empire and won him a designation as official artist of the U.N. "This is a hidden industry," says Redlin, "and people are making a lot of money at it." Last year that industry generated an estimated $400 million in sales. "I call it art gone wild," says Wyland. "It's the best time in history to be an artist...
Money managers call it the doomsday scenario, forseeing an event that could wipe out investor portfolios and wreak havoc on the stock market. The danger stems not from new financial woes erupting abroad but from something happening here. It is the explosive growth in margin debt--loans Americans take out to buy stocks. Margin debt has shot up to $180 billion at midyear, a 25% increase in just six months and by far the most ever recorded. It now accounts for 1.2% of the stock market's total capitalization...
...period ahead could jolt the market into a major sell-off. Internet stocks would be most vulnerable, but the damage could spread to other equities as well. If a stock bought on margin falls 30%, the stockbroker typically grabs the phone and utters the dread words "margin call." It means you've lost so much money on the stock you bought with borrowed funds that you have to dig into your own pocket to meet the margin requirement or dump stocks you already own to raise the money. If you don't, the broker can sell your securities--and will...
What to do? Investors already in hock must prepare a game plan on how they'll raise cash if they face a margin call, says Lloyd Woelfle of American Express Financial Advisers. If you're a novice investor tempted to buy on margin, using leverage is O.K., but you may need to set aside more money than you think to play this game. If you buy on margin, better to stick to high-quality equities, which have a lower downside risk. Borrowing to buy volatile Internet stocks is walking the high wire. And right now that wire is really, really...
...Call it commodity chic. Marketers of watches and desk chairs, lawn sets and household tools are courting the world's top artists in a bid to make design a critical selling point. Like Graves, architect Philippe Starck is busy putting his mark of conceptual brilliance on a lineup of bathroom fixtures, from sinks to urinals, for the German company Duravit. And designer Marc Newson, 35, has done kitchen accessories for Italy's upscale Alessi, a bicycle for Denmark's Biomega, and the bar at Andre Balazs' new Standard Hotel in Los Angeles--in addition to a car for Ford...