Word: investors
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Dates: during 1990-1999
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...family's first orders of business will be to restore investor confidence in a proposed $350 million stock offering, originally planned for next June but now on hold in view of Versace's death. The eagerly awaited sale was to have transformed Versace into a public company that could tap the stock market for funds to sustain its rapid growth. To be sure, the company can still show investors some impressive fashion strengths. Versace boasts highly skilled design teams, for example, that can respond quickly to changes in the marketplace. And the company's ownership of a majority stake...
...spotlight on his frenetic lobbying to land a Democratic fundraising job for Huang, Lippo's favorite son in the U.S. But investigators tell TIME that Giroir played a more pivotal role for the Indonesian conglomerate in its quest for influence in Washington: after securing Lippo as a $3 million investor in his company, Giroir contributed a total of $175,000 to the Democrats...
...what's an investor to do? Take note, for one thing. You may find some bargains out there, but on average if you buy stocks today, you are paying more than anyone in the history of commerce to get into the market. That's what Alan Greenspan, Warren Buffett, George Soros and others have been suggesting for months. And that is why some of Wall Street's top strategists are lightening up on stocks. Barton Biggs at Morgan Stanley Dean Witter opens his newest report with the line "I am raising more cash." It doesn't mean a crash...
John Huang had never before lost his cool in front of his colleagues. Yet here was the Democratic fund raiser agitating for three top executives from the world's biggest foreign investor in China to be invited to a White House coffee for prospective donors. Party officials saw no point in taking up space with foreigners not legally entitled to contribute. But "it was the only time Huang ever snapped," a former party official told TIME. And as a result, the three men from the Bangkok-based CP Group slipped into the White House in early June...
Well, the cable guy finally showed up. No, this is not about getting my house wired for 500 channels. It's about a heroic investor who plugs into the cable industry and single-handedly rescues one of the decade's most imperiled collections of stocks. Who is this new-age superhero? None other than Supergeek, a.k.a. the mild-mannered computer kingpin, Bill Gates, CEO of Microsoft. Last week, after Gates agreed to pump $1 billion into Comcast Corp., Wall Street revalued the entire industry upward by tens of billions of dollars. A buyers' panic rippled through the cable world...