Word: cards
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DEBATE REPORT CARD...
...best time, you might think, to sell shares in the biggest initial public offering (IPO) in Wall Street history. Especially not a financial IPO. Yet here we have credit-card giant Visa, now owned by its member banks, announcing plans to peddle up to 446 million shares of stock in late March for an expected take of between $15 billion and $19 billion...
...public. One is that Visa makes its money (a $424 million profit in the last quarter of 2007, up 70% from a year earlier) from transaction fees, not lending, so it doesn't have to worry nearly as much as banks do about people making their credit-card payments. Another is that the banks that own Visa stand to make more than $10 billion from the IPO--JPMorgan Chase alone should clear $1 billion--and they need the money...
...Animal voters are not card carrying PETA members, and they’ve never picketed a KFC in their lives. But they care about animals, and they see a candidate’s attitude to animals as a broader reflection of his compassion and character. That’s why senators ranging from conservative Rick Santorum in Pennsylvania to liberal Robert Byrd in West Virginia have sought the Humane Society Legislative Fund’s (HSLF) endorsement in their re-election bids. Animal protection is what marketers call a “signal issue”—something...
...morning of Sunday, Feb. 24, a bomb exploded just outside the entrance to the headquarters of Fedecamaras, a leading business chamber that is critical of the government's economic policies. A 44-year-old man, suspected of planting the bomb and in possession of an honorary Metropolitan Police identification card, was killed in the blast. Fedecamaras called on the government to find those responsible, while Interior and Justice Minister Ramon Rodriguez Chacin assured the public that authorities will bring the perpetrators to justice...