Word: investable
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Dates: during 1960-1969
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...Israel has made enormous "investments in its people in terms of education." Meyer predicted that education would permit Jews to emigrate to Europe where they would receive higher wages than they would had they stayed in Israel. These people would hopefully invest their increased wages in the Israeli economy...
...business. In line with this drive, the company recently announced plans to put up a new commercial banking office in the City of London. Encouraged by the profitability of its 49% interest in Hertz Rent a Car abroad, Amexco is also actively seeking more overseas activities in which to invest. Says Howard Clark: "We have a long way to go to realize our potential. And a large part of that potential is outside...
...rise in depreciation charges is not as much of a burden on U.S. business as it might appear. Because depreciation charges are technically a cost, they are also not taxable-which means they actually give a businessman extra cash to spend, save or invest as he pleases. Many economists, in fact, argue that a company's strength lies not just in its net profit, but in its "cash flow," which is net profit plus depreciation write-offs. On this basis, the health of U.S. corporations as a whole is considerably sturdier than their profits figures alone would indicate. Though...
...Pioneer American for $37,500. used the money to buy the low-selling shares of life insurance companies that he figured were ready to move. In 1955 he bought control of American Life Insurance Co. of Birmingham, took advantage of a loose Alabama law that permits insurance companies to invest their assets heavily in common stock, including the shares of other insurance companies. Insurance stocks have boomed along with the general lifting of U.S. wealth and standards in recent years -and so has American Life. Under Post, it has increased capital and surplus 2,000% to $25.7 million...
Fresh out of the University of Pennsylvania's Wharton business school in 1923, young Vernon Stouffer decided to invest his talents in a highly unlikely place-his mother's kitchen. Her Dutch apple pies had made the family's snack bar the most popular one in Cleveland. "The possibility of a chain of restaurants serving food with fresh homelike flavor appealed to me," remembers Stouffer (rhymes with show...