Word: cashes
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Dates: during 1980-1989
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When the first Pontiac Fiero hit the streets in 1983, automobile buffs waxed ecstatic. The two-door coupe had the sleek lines of a sports car, and its original base price of $7,990 made it comely even to cash-conscious commuters, who did not mind that it had only two seats. A molded plastic exterior and an engine placed just behind those seats to improve handling gave the auto a justifiable reputation for innovative design. But last week parent company General Motors, citing decelerating sales, suddenly slammed the brakes on all future production of the Fiero (the Italian word...
...Federated managers, Macy's entrance made perfect sense. They were reassured by Finkelstein's retailing record and his interest in keeping Federated's prime chains. By a unanimous vote, Federated directors accepted Macy's bid. But stockholders may not follow. Because Macy's offer involves cash and a future stock swap of Federated shares for shares in the new firm, * the value is unclear. The two bids are believed to be comparable, but Federated stockholders have to decide whether they want a payoff now from Campeau or bet on the fate of Macy's-Federated...
...State Department asked again for Noriega's removal. Secretary of State George Shultz declared that "Noriega is a drug runner and he has to go." Assistant Secretary of State Elliott Abrams explained that the Noriega government has a public payroll of $65 million a month and has only enough cash left for another month. "After that, he's out of money...
...government set up dozens of mobile banks and special cashing posts yesterday for retired people, who took to the streets Monday when they could not cash pension checks...
Banks have been closed since last week because of a cash shortage and fears of a run by depositors...