Word: hardest
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Dates: during 1980-1989
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...share. When trading opened last week, the price of Cities Service shares had dropped to $30. Scores of brokerage firms and speculators who had bought huge chunks of the stock for prices as high as $56 were staring at the possibility of losing perhaps $700 million. Hardest hit were several smaller firms that specialize in speculating on merger deals, a daring practice known in the trade as risk arbitrage...
...hardest-hit stocks on Wall Street recently has been that of Continental Illinois Corp., the parent of Continental Illinois National Bank and Trust Co., the nation's seventh largest commercial bank (1981 assets: $45 billion). In the wake of huge reported loan losses following the collapse of Penn Square Bank of Oklahoma City in June, Continental's stock has plunged to a mere 15%. Earlier this year the stock had traded at 36. Last week, in a public relations blitz designed to get the bad news behind him, Continental Chairman Roger Anderson took the highly unusual step...
...Hardest hit was Chicago's Continental Illinois National Bank & Trust Co., the seventh largest American commercial bank, which had made about $1 billion worth of loans in cooperation with Penn Square. Losses on the loans are now expected to wipe out Continental Illinois' anticipated $59 million profit for the current quarter...
...lawyers, doctors and women in what might be called high-profile jobs (journalism, publishing, broadcasting, fashion) take an outsize portion of public attention, partly because they are attractive exemplars of what is possible. But it is at the nether end of the economic scale that the hardest battles are being fought, and it is there that the statistics begin to take on the proportions of a body count...
Jagger worked the hardest of all to play off the American traditions and create something new. Listen to the first Stones single, a standard Berry track called "Come On," and you can pick up the taunting combination of Cockney chop and Southern drawl--both self-consciously nurtured--which the singer has toyed with since then...