Word: market
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Dates: during 1970-1979
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...biggest selling alcoholic beverages yesterday were champagne and white wine, a liquor salesman at Sage's Market said yesterday. "American girls can't handle red wine, even if it is Valentine's Day," he said...
...popularity of Kents over all other imported cigarettes has less to do with taste or tar content than with the fact that Brown & Williamson International, which markets Kents abroad, has cornered 90% of the Rumanian cigarette import market. The dollar shop at Bucharest's Intercontinental Hotel is piled high with cartons of Kents, a tantalizing symbol of Western opulence. Among the principal purchasers are Third World students in Rumania, who supplement their meager stipends by buying Kents and trading them for cash. Such traffic, though illegal, is tolerated by the government. After all, bribery has been part of Rumanian...
...being part of the American challenge but for deciding to leave. Faced with rising costs, RCA decided to shut down the plant because it was not competitive with the company's other semiconductor plants, including one in Malaysia. B.F. Goodrich, struggling for profits in an overcrowded tire market, closed a West German plant 19 months ago, and is now considering selling all its rubber-making interests in Europe. At ITT's Brussels headquarters, upwards of 60 employees, ranging from secretaries to $125,000-a-year division chiefs, were axed from the payroll the week before Christmas. The company...
...fact, for many Americans, today's high rates have become a bonanza. The reason: since June, banks have been offering money market certificates. These are six-month time deposits that pay interest equal to-or when sold by a savings and loan, a quarter-point better than -what the Government has to offer to sell its six-month Treasury bills. And while regular bank certificates of deposit normally cannot be had for under $100,000, MMCs sell for as little as $10,000; many people have switched their savings to them...
...good number apparently are not; the $40 bid is far above the market price of McGraw-Hill shares ($30 last week). Harold McGraw's cousin Donald, who was forced out of his posts as a company group president and director, but still owns 2.5% of the stock, said he was "annoyed" that the board did not at least negotiate with American Express...