Word: downturned
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Dates: during 1990-1999
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...persisted since February, has troubled Wall Street watchers because it bears some of the hallmarks of the 1987 stock-market crash. That 508-point plunge on Black Monday was worsened by so-called portfolio insurance, which is computerized programs designed to bail investors out of stocks in a downturn by selling stock futures. But few buyers were willing to come forward while so many others rushed for the exits, and the decline accelerated instead of slowing down...
...just need more advertising and time," said Karin Berger of Renato's For Men. Although she also mentioned the post-holiday sales downturn as a reason for poor sales, she stressed that "in general" business in her shop "is pretty slow...
...last 10 or 20 years have seen a decline inreal revenue," says DeMay. "The trustees felt itwas time to set up a plan with which WHRB canreverse the downturn and start the upturn...
...brood. Because he never tookHollywood so seriously to begin with, he wasn'tdevastated by the downturn in his career. He'sfinancially secure; it's a good bet the chainsaround his neck do not turn green in the shower.And he's still doing the community work he'sregarded as his real calling from the start. Hesays, "I've never seen myself as a star, I nevercall myself a celebrity, or a superstar whatever.If you look at my job, my union card, it says`actor.' It don't say nothing about celebrity,movie star, nothing like that, and that's onething that...
...began, it was Murdoch's ventures themselves that seemed shaken up. After a rash of acquisitions ranging from TV stations and printing presses to TV Guide magazine, News Corp. found itself with $9.5 billion of high- interest debt. That burden, compounded by a worldwide economic downturn, dealt the company a $308 million loss in 1991. To pare down the debt, Murdoch sold $1.2 billion of stock and spun off such assets as the Daily Racing Form, Seventeen and New York magazine. The moves still left News Corp. with $7.5 billion in IOUs but helped it record a profit...