Word: lowered
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Dates: during 1990-1999
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Dunlap's role as self-appointed messiah for shareholder value, meanwhile, is up for another casting call. Sunbeam shares were as high as $53 early this year and have fallen 79%--to $11.25, which is lower than the level at which the stock traded ($12.50) when Dunlap was hired. The collapse has crushed morale at Sunbeam, where workers who survived Dunlap's initial slashing and burning (he cut half the company's 12,000 jobs) were rewarded with a company-wide stock-option plan that for a painfully brief period was gratifying but now represents lost dreams. Said an employee...
Finally, know this: when the stock market throws a sale, I buy hundreds of thousands of shares, and the price often goes lower before it goes higher. But if I've done my homework, I usually profit by being patient, and so will...
Three reform plans that would partly privatize Social Security would result in lower benefits for today's workers, a congressional study reported last week. Though the study, commissioned by Representative Charles Rangel, a New York Democrat, does not claim to judge the overall impact of the plans, Social Security, it is believed, is unlikely to pay all the benefits it now promises. So keep plowing as much as you can into private retirement accounts...
Hawley said that as the space shuttle struggles to overcome the earth's gravity, the body pumps more blood into the upper half of the body than usual in order to prevent it from pooling in the lower half...
...report on Byrd's killing will have done little to cool passions in the town: It confirmed that Byrd's head had been ripped from his body after he was dragged behind a vehicle, which had also broken his back, legs, arms and collarbone and ground his elbows, kneecaps, lower back and both heels to the bone...