Word: cautiousness
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...could uphold, overturn or reduce the award. Texaco has vowed to fight his decision if it does not get a favorable judgment, and the case could eventually go to the Supreme Court. Whatever the outcome, last week's ruling is likely to make companies and corporate raiders more cautious about the tactics used in megabuck merger negotiations. --By Gordon M. Henry. Reported by Dean Brelis/New York and Gary Taylor/Houston
...Soviets back to the bargaining table by exploiting their greatest fear: that Uncle Sam will pull a technological rabbit out of his top hat. Some see Star Wars as the ultimate bargaining chip, to be traded away for sizable reductions in offensive weapons. Others want to take the cautious path of continuing research to see if a space shield is feasible before deciding whether to build it or negotiate with...
Hungary's 11 million people have long been the envy of the East bloc for their cautious success at replacing at least part of a Soviet-style centralized economy with profit-oriented agriculture cooperatives and carefully administered oases of free enterprise. Along Budapest's glittering Vaci Street, the shelves of well-kept stores and boutiques are stuffed with Western videocassette recorders, luxury clothing and high-tech kitchen appliances. The nearby food markets display long racks of sausage and ham, mounds of fresh winter vegetables and ubiquitous garlands of crimson paprikas. Says a member of Hungary's new economic gentry...
...peak of 1553.10 on Dec. 16 before settling at 1543.00 at the end of last week. The advance was fueled by the billion-dollar money managers who handle the investments of pension funds, insurance companies and bank trust departments. By the end of the year, even the most cautious of these institutional investors were under pressure to join the rush rather than risk missing the greatest bull market of all time...
...interviews have their flashes of cheer and wit. But in sum they suggest accommodation to life's dreary compromises at an age when one might hope for a lingering anarchic impudence. The 28-ers do not strut or rage or tease; they seem already middleaged, emotionally pinched, too cautious to hope for more. They speak Britain's defeat in every tentative phrase...