Word: ceos
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Dates: during 1990-1999
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...Buenos Aires bolsa, but they are also listed as the only Argentine real estate play on the New York Stock Exchange. IRSA's American connection is gold plated: much of the firm's capital comes from U.S. hedge-fund billionaire and philanthropist George Soros. IRSA's president and CEO, Eduardo Elsztain, 37, met Soros in 1990 in New York City, where the younger man, who was tending a $10 million portfolio of Argentine-owned properties, had moved for a year...
...projected gains are pretty modest: 2.3% in 1997 and 2.7% in 1998. The fate of the common currency of the European Monetary Union, which is to be inaugurated Jan. 1, 1999, is a big reason. The new unit, known as the euro, will proceed on schedule, predicts John Hsu, CEO of John Hsu Capital Group, a New York City-based money-management firm. "But there will be all kinds of compromises. That implicitly means the euro is going to be a weak currency." Britain is expected to fare marginally better than the Continent, with 1997 growth...
...under the charismatic Fisher, 56, a native of Anna, Ill., who holds a Ph.D. in applied mathematics from Brown University and is one of corporate America's highest-profile executives. For leading once sleepy Motorola into the digital age, Fisher is on the short list for many high-profile ceo jobs that become available. He spurned an offer to head IBM before Louis Gerstner took that turnaround job in 1993. More recently, Fisher was widely viewed as a possible successor to AT&T chairman Robert Allen. Perhaps partly to scotch speculation that he might be leaving, Fisher agreed to lead...
...Merrill Lynch and Smith Barney by using the Web's data-processing efficiencies to cut pricing to the bone. E*TRADE charges a commission as low as $14.95 for a 100-share trade. e.Schwab's online fees are $29.95. A trade by phone through Fidelity costs $48. E*TRADE CEO Christos Cotsakos says he has 220,000 active customers with accounts valued close to $7 billion in assets...
...aging, Americans 55 or older will have twice the discretionary income of those between 18 and 34, and the leaders of some large corporations are starting to pay heed. "It's very important for us to go where the purchasing power is," says Michael H. Jordan, chairman and CEO of Westinghouse/CBS, whose CBS unit airs hits like Touched by an Angel (featuring a helpful celestial spirit) that have made it the top network with viewers 55 or older. "We ought to call this the Willie Sutton strategy," says Jordan, referring to the legendary safecracker who said he robbed banks because...