Word: cash
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Dates: during 1980-1989
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Mullinix refused to state the exact amounts the university and the researchers would receive for the license. She said, however, that Genentech had made an immediate cash payment for the right to use the drug, and would also pay royalty fees...
...single kilowatt of electricity -- nor a penny of income -- since ground was broken for the project in 1976. Result: Seabrook is generating a financial disaster for its principal owner, Public Service of New Hampshire, an otherwise healthy electric utility that has poured $2.1 billion into the plant. Strapped for cash, Public Service last week did something that utilities virtually never do: it defaulted. The company deliberately missed a $37.5 million semiannual interest payment on nearly a third of its $1.5 billion debt. Not since the Great Depression had a major investor-owned utility failed to meet its bond commitments...
...class of '88. At least this is the message they sent me when they invited mostly bankers and consultants to their little job mart in Memorial Hall on Friday. Aren't there other things that we could do next year besides fly down to New York and try to cash in on the boom in the financial market...
...computer language. Such systems could be used as office secretaries, teachers' aides, automatic nursing systems or translators. Another field in which the Japanese are coming on strong is finance. Their trade surplus, combined with a high personal-savings rate, has provided the Japanese with a huge pool of cash to spread around the world. That has given enormous muscle to Japan's financial institutions. Four of the world's top securities firms and seven of the ten largest commercial banks are now Japanese, and they are moving in a big way onto the American monetary scene. Last year Sumitomo Bank...
...American consumers and businesses. Now that the dollar has taken a dive, Europe's export industries are feeling pressure once again. Another concern is sluggish investment. Despite healthy earnings, many of Europe's companies are not devoting enough money to modernizing and expanding factories. Instead, firms are stashing cash in high- yielding money-market securities or buying up other companies in Europe and the U.S. Warns an economist at the Paris-based Organization for Economic Cooperation and Development: "Europe's industrial assets are being reshuffled in a major way. But is this a prelude to better management of those assets...