Word: investers
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Mann says that this week's upcoming meetings will help decide where to invest the money, since club members will be analyzing potential securities and evaluating the portfolio...
Explaining some of his work, Modigliani told the Associated Press yesterday that his savings theory is based on the idea that people save and corporations invest according to their immediate circumstances...
...been in a slump. Sears' profits sagged 25% in the second quarter, and third- quarter earnings are likely to be down. Brennan is counting on a credit card that Sears launched last summer to help reverse that trend. Called Discover, the card enables holders to get auto loans, invest in savings instruments and, of course, to shop at Sears. Brennan expects to sign up at least 10 million subscribers. Retailing, meanwhile, still runs in his family. Watching Brennan's progress closely will be his brother Bernard, the president of Sears' rival, Montgomery Ward...
...retraining workers whose jobs have disappeared because of imports has largely fallen on Washington. The Federal Government has spent nearly $10 billion on programs that amounted to little more than extended unemployment benefits. Retraining workers could be more effectively done by companies, and tax incentives would encourage firms to invest more in their employees...
...tidal wave of imports has brought benefits as well. The foreign challenge, Greenspan said, could even help keep the U.S. from slipping into a recession. He argued that fierce competition from abroad has spurred American companies to invest heavily in cost-saving equipment, and the outlays mean that business will continue growing. Capital spending is a significant driving force behind the economy...