Word: investers
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Last August, amid fears that the modest 7.5% devaluation would soon be followed by larger ones, speculators began dumping bank stocks in order to invest in U.S. dollars. The sell-off grew so heavy that the Tel Aviv stock exchange closed on Oct. 7. Three days later, government officials declared a 23.5% devaluation. When the market reopened two weeks later, the value of the stocks plunged 17% in a single day. To prop up their sagging shares, traditionally one of the most popular and profitable Israeli investments, seven banks pumped more than $1 billion into the stock market...
...sought to buy out minority owners of its Houston-based Shell Oil subsidiary. Royal Dutch offered $55 a share, or $5.2 billion, for the approximately 30% of the U.S. firm that it does not already own. Said Sir Peter Baxendell, Royal Dutch senior executive: "This will enable us to invest and operate within the U.S. and abroad without any obstructions that might result from the presence of minority shareholders...
...plants and in five years chopped BL's work force from 192,000 to 108,000, prompting union leaders to denounce him as a "bloody Hitler." Using a mixture of threats and bluster, Edwardes cut through a thicket of antiquated factory-floor work habits. Meanwhile, he began to invest heavily in programmable robots and computers to help engineers design and manufacture autos. One result: output has risen in BL's Austin Rover group from 5.9 to 14 cars per worker per year since...
...figure skaters usually invest all their hopes in one particular woman and, lately, no special man, but this time there are two eminent females, 1983 World Champion Rosalynn Sumners and 1982 World Champion Elaine Zayak, as well as the world's best male skater for the past three years, Scott Hamilton. A compact strongman, Hamilton should be the royal presence in these games and is thought to have a Heiden's lock on the first U.S. men's singles gold medal since David Jenkins...
...stock, raising $12.8 bilion. That is almost nine times more capital than was raised by new firms in 1982 and even more than the amount for all the years since 1971 put together. Mutual funds and pension funds, big institutional buyers and individual shareholders have all anxiously sought to invest in the new firms...