Word: market
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Mafia underestimated the American appetite for drugs and has been unable to dominate the lucrative cocaine and marijuana market. This fits the pattern established at the 1957 Apalachin, N.Y., meeting of Mafia dons, where Carlo Gambino counseled that the drug trade was bringing too much heat. A number of old-line families moved out of the business then and have stayed out. But there is so much money involved, police report, that four families ? the old Lucchese, Colombo, Bonanno and Genovese clans ? are starting to move in after all. One group of Italians was discussing the cocaine trade...
Tengelmann's offer of about $7.50 a share, a small premium over the prebid market price of $6.75, values the company at $186 million. That is peanuts to pay for a stock that hit $39 a share eleven years ago, for all the remaining operating outlets, and for assets that have a book value of $17.50 a share-$434 million in all. A&P also has a huge net inventory of food and other salable goods; at last count, that was worth $300 million...
...case, those fears have an ironic ring. In a mostly laudatory cover story on Robinson and American Express ("a cash machine"), Business Week advised in its Dec. 19, 1977, issue that Amexco's "best response" to new competition would be "to look for additional products for its affluent market, or to find other businesses that fit [its] specialized mold." Little did the staff guess that their own company would be target...
...since the hot bed days of World War II have hotel rooms been so hard to get. In Las Vegas, tourists and conventioneers are stacked tighter than a deck of cards. In Denver, occupancy rates seem to be climbing faster than the market price of silver. The only way that would-be guests can see the inside of a room at the Beverly Hills Hotel is to buy a $4 ticket to the film California Suite, and the Los Angeles Marriott, a 1,020-room slab within easy earshot of the airport runways, is expected to hit 100% occupancy...
...black males is five times higher today than in 1952, when it actually was lower (8%) than comparable white teen-age unemployment. He finds it distressing that "people who are perfectly capable of doing a job have been made unemployable because they have been priced out of the market...