Word: digitization
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...questions. And there were suggestions in some press reports that when Bush got a new driver's license, with the number 00000005, after he became governor in 1995, his intent might have been to hide the trail to his DUI conviction. But Bush spokesman Dan Bartlett insisted that low-digit VIP license numbers are a tradition among Texas elected officials. Reporters asked the campaign whether Bush had admitted to his DUI arrest on any of the questionnaires that most Americans are required to fill out when they apply for jobs or loans or security clearances. The campaign said that Bush...
...question marks for Brown will be on defense, where the Bears were used to relying on Brewer and Mounsey to frustrate opposing offenses. Brown Coach Digit Murphy will probably give the early nod to sophomore goaltender Pam Dreyer, but rookie Katie Germain may also see some time between the pipes...
...Abraham now the front runner, with a double-digit lead in most polls over two-term Democratic Congresswoman Debbie Stabenow? He got there, first of all, by getting out far ahead in the money game. Compared with Stabenow's campaign fund of $6 million, Abraham expects to raise $14 million all told, though he spent just $4.4 million to get elected six years ago. Then he poured the money into TV spots that clobbered Stabenow on an issue she thought was hers: the high cost of prescription drugs for the elderly...
...million management buyout of the firm, a move he saw as the best solution to an increasingly common dilemma. Though Hogg Robinson was profitable--it had revenues of $2.63 billion last year--its share price had slumped because investors considered the company too small to offer "exciting double-digit growth," as Radcliffe explains. With a depressed stock price, the company found it hard to grow and make acquisitions. So in May the board agreed to accept management's bid of $4.28 a share, or 57% more than its market price. Radcliffe says the move "reinvigorated" his company, which...
...then, with little provocation except perhaps the shock of a solidly four-digit Dow, folks started buying. By noon, JP Morgan was only down a handful. IBM, well, IBM pretty much stayed down, but was a handful off its lows. And before you knew it, the Dow had stabilized, wavering between 100 and 150 in the red, and then spent the afternoon chugging back toward zero, re-clearing 10,000 along the way. (No milestone celebrations this time, though, and toward the end of the day's trading it was heading back down again...