Word: exceeds
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...last fall after a strong spurt in spring and early summer. It is true that sales comparisons are distorted by the fact that the 1974 Christmas season was a disaster; discounted for inflation, this year's holiday volume may not have matched and at any rate did not exceed 1973's. All the same, many retailers will be stocking up for spring much more generously than last year, in anticipation of continued consumer cheer. But they will also be cautious and realistic, remembering too well what it means to be caught with oversupplies. Says Joseph Ellis, a retailing...
Since the inception of its affirmative action program, Harvard has exceed its projected hiring goals for women but fallen short of those goals for minorities in professional and staff positions...
...monitoring the status of loans, added 70 new field investigators, and established a staff of eleven people to keep a close eye on lenders who have outrageous default records. In addition, several bills before Congress would forbid students to declare bankruptcy shortly after graduation simply because their student loans exceed their assets. The Nunn subcommittee is expected to recommend prohibiting many schools from making Government-guaranteed student loans, and making it a federal crime for a school to falsify data to obtain grants and loans, or to divert such funds for personal...
...Eligibility would be tied to clearly defined income levels. A family of four would qualify for stamps only if its annual net earnings did not exceed $6,550, after maximum deductions of $1,500. At present, families with incomes higher than $10,000 are allowed myriad deductions to get their incomes down low enough to qualify...
...biggest was Penn Central Transportation Co. in 1970). The beginning of the end came when Chairman James G. Kendrick, who has been fighting for more than a year to keep the firm afloat, disclosed that the company now had a "negative net worth." In other words, its debts exceed its $1 billion assets. Then the company filed a petition under Chapter 11 of the Bankruptcy Act. The move will enable Grant to continue in business for a time longer, under a court-appointed trustee, while it seeks to make new arrangements for paying its creditors. Though the banks that hold...