Word: linings
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Dates: during 1990-1999
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...second race was much closer. Princeton finished in 6:11.4, followed by Harvard close behind at 6:14.9. MIT crossed the line with a laughable...
...addition to the Harvard-Yale rivalry and the McCurdy memorial, there was a trip to England on the line. This summer, a team of Harvard and Yale athletes, selected for the most part on the basis of this weekend's competition, will compete on the road against a combined Oxford Cambridge team...
After banking, next in line for the takeover fever are automobiles, chemicals and pharmaceuticals. Who benefits most from this? One sector that surely is not suffering is the overseas branches of American investment banks, which have vaulted ahead of their European financial rivals in advising European companies on mergers and acquisitions. In 1998 Morgan Stanley ranked first as the leading financial adviser of completed transactions in Europe, followed by Goldman Sachs. Warburg Dillon Read, an adviser based in Britain, had held the top spot for the two previous years...
Last month Hallmark delivered a different kind of greeting to its competitors: "You're toast." The company launched a new 99[cents] line, undercutting the basic price by a buck, and threw a $50 million ad campaign behind the new product. (Tag line: "Why not?") Hallmark too is trying to ignite sales in its 20,000 mass-market retail outlets and erase any notion consumers might have that it's a high-priced product. But the move--remember Marlboro Friday, when market leader Philip Morris cut the price of smokes?--will fall heavily on its struggling rivals, who can least...
...real. The stigma of adult content has been enough to frighten away top-tier underwriters like DLJ and Goldman Sachs. But for second-tier underwriters, the seamy associations might be worth the bottom-line bump. Craig Gould, vice president of National Securities, a firm that says it is likely to be in on the deal, believes the company can be floated, pointing out that BearStearns found a way to take Playboy public: "History has shown that Wall Street has raised money for adult companies," he says. Fidelity and Warburg Pincus hold blocks of Playboy stock, while BearStearns and T. Rowe...