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Moreover, family firms in France have performed quite well for shareholders. An index of such companies compiled by a Paris brokerage, Oddo & Cie, continuously outperformed the Paris market in the 10 years from 1991 to 2001, with the stock of family firms rising by 446%, compared to 233% for the stock of 250 of France's largest companies. Family businesses tend to be more profitable than others over the longer term, in part because they aren't as fixated on short-term performance and are better able to weather downturns...

Author: /time Magazine | Title: Putting On Heirs | 3/24/2003 | See Source »

Soberon organized his first big fiesta, a 3,000-person bash in Mexico City, as a teen. Now 42 and the founder and CEO of Corporacion Interamericana de Entre-tenimiento (CIE), the largest live-entertainment company in Latin America, Soberon will thrill a larger audience: Grupo Televisa has paid $107 million for a 40% stake in a CIE subsidiary and will broadcast the company's concerts and sporting events throughout Mexico...

Author: /time Magazine | Title: People to Watch In International Business | 11/25/2002 | See Source »

...same objectives." One solution to the current dilemma? Divest major assets for a quick capital fix. But it's an issue of timing - as Mack puts it, "It would not make sense to sell." Moreover, before these businesses can be sold, says Peter Thorne, an analyst at Pictet & Cie, "they need fixing." Other analysts, noting bad investments in everything from real estate to Internet companies, question whether Credit Suisse has purged its ghosts. "They're still carrying their old portfolios, and they will certainly want to exit many of those businesses," says Thomas Kalbermatten, who covers CS for Switzerland...

Author: /time Magazine | Title: How to Stop Sinking | 11/17/2002 | See Source »

...Vilmart & Cie Brut 1995 Cuvee Creation. Chardonnay (80%) and pinot noir (20%); $80. Toasty, spicy, oaky and quite food friendly...

Author: /time Magazine | Title: Grower Champagnes | 12/18/2000 | See Source »

...drink wine with their meals as a matter of course," Claude Vilain, of France's Committee for Health Education, says. "Now it's something for weekends and guests." Perhaps, but whiskey drinking is on the rise, as are sales in higher-priced vintages. Alain Maurel of Alexis Lichine & Cie, a Bordeaux wine firm, says, "The French are more aware of quality. There has been so much specialist wine coverage in the press. Wine is a star now." When asked if Moet-Hennessy, famed for its champagnes and cognacs, would produce soft drinks, a spokesman cried, "Absolutely...

Author: /time Magazine | Title: Living: Water, Water Everywhere | 5/20/1985 | See Source »

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