Word: investments
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Dates: during 1990-1999
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...They indicated that since they have plans for the site, it wouldn't make sense for someone to invest a lot to build there," Schlesinger told the council...
...many guesses and questions shrouded the negotiations. The two companies were insisting that "there is no assurance an agreement will be reached." But if the deal does fly, Matsushita will have escaped from a nettlesome marriage, though at a steep price (about a 35% loss on the original investment, owing mostly to the weakness of the dollar vs. the yen). And Bronfman, the wandering son who officially took over the family business only last year, will invest his shareholders' money so he can realize his dream. He will ascend from mere billionaire status to a more glamorous title: moviemaker...
...hoot-fluffy, puffy microskirts, silly hats, gold chains and logos attached to just about any surface. The designer's about-face is complete. Several of his knee-length suits had no gold trim at all. They were in black or mellow tweeds and looked like something you could invest in-like a car or a computer. Lagerfeld said he was "going back to the starting block, to putting the body first." It's important that Lagerfeld, who presides over France's most successful fashion house, is aboard...
Hagstrom's detailed description of Buffett's modus operandi has caused a bit of confusion among Buffett followers. Inspired by the book, a number cruncher at Standard & Poor's took all the attributes of a Buffett-type investment (consistent profitability, high return on equity, etc.) and programmed a computer to spit out the names of the companies that qualified. Thirty did, but only two of those stocks are actually found in Buffett's portfolio at Berkshire Hathaway. As the Standard & Poor's computer sees it, most of Buffett's biggest holdings, with the exception of U.S. Tobacco and Coca-Cola...
...securing a $1 billion line of credit from Chemical Bank. More stash will come through advances in such fields as pay TV (HBO), music distribution (MCA could win there), worldwide pay- and free-TV rights. The team is negotiating with the California Public Employee Retirement System (CalPERS) to invest almost $300 million; that deal, which both sides had hoped to present to the CalPERS board last week, is delayed but not dormant...