Word: growth
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...lenders. Announced by Treasury Secretary Nicholas Brady in March and endorsed by the World Bank and the International Monetary Fund, as well as at the economic summit in Paris last week, the plan calls for "reducing" -- in fact, forgiving -- some principal and interest, thus freeing borrowers' resources for growth. The banks end up holding IOUs that have a lower face value but a higher chance of being repaid. The increased prospect of the debtor nations' economic and political stability becomes reassuring collateral...
...being siphoned off to service Mexico's nearly $100 billion debt. Under quiet prodding from Washington, the Mexican government and a consortium of international banks have been negotiating an agreement to ease the terms of repayment. Next in line for debt relief are three other democracies whose future growth could be in jeopardy: Venezuela, the Philippines and Costa Rica...
...sale and that it could eventually boost the value of its shares well above $200 after acquiring Warner. The battle pitted against each other two contradictory interests that have been at war throughout the takeover era: the short-term enrichment of shareholders vs. longer-term growth and value. Declared the New York Times last month in its reporting on the landmark battle: "The outcome of the legal contest is of critical importance to corporate America...
...founded in 1902 by North Carolina tobacco mogul James Duke, the company, formerly known as British American Tobacco, has diversified in much the same pattern as have R.J. Reynolds and Philip Morris. As growth in cigarette sales softened, B.A.T branched into retailing during the 1970s, taking over such chains as Saks Fifth Avenue and Marshall Field in the U.S. and Jewellers Guild shops in Britain. The company capped a move into finance last December with the $5 billion takeover of Los Angeles-based Farmers Insurance...
Goldsmith maintains that B.A.T shareholders would be better off if the company were to refocus on the high-profit tobacco business, which is experiencing new growth in Asia and other overseas markets. A veteran conglomerate-buster who served as the model for the swashbuckling Sir Larry Wildman in the 1987 film Wall Street, the 6-ft. 4-in. Goldsmith may have made his point all too well. Now that he has put B.A.T on the block, other raiders may try to top his offer. Or B.A.T may attempt to boost its stock price beyond his reach by launching a restructuring...