Word: marketing
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Dates: during 1970-1979
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...fear of strikes every three years when the union contract came up for renewal that led steel customers to buy still more imports to hedge their supplies. But when steel imports rose from a 13.4% share of the domestic market in 1975 to 17.7% in 1977, the Carter Administration imposed minimum or "trigger" prices for imports based on a complex formula. Imports have fallen off to 14% in this year's first nine months, and the trigger price was reduced 1% to $347.55 a ton for the third quarter. But with the yen weakening almost 23% against the dollar...
...Index continues to steamroll along at 12.7%, but the prime rate, which banks charge their preferred customers, has come down a quarter of a point from its height of 15¾%. There is a feeling on Wall Street that rates have peaked. This has energized the Dow Jones stock market average, which rose eleven points last week, to close at 822, its best performance since the Volcker rally turned into the Volcker rout after...
...less and even dying thriftily. (She recommends preplanning the funeral and discussing costs in advance with the mortician.) There is a section coyly called "Sex ... and ... Money" that offers suggestions on how to shop for and reduce the costs of an abortion. Glossaries help to explain insurance, stock market and real estate terms that Porter calls "bafflegab." Her style is brisk and hortatory. Porter warns her readers: "If you need a spring rain coat, don't stop off at the section reserved for bathing suits and buy a bikini at top price. I've done this sort...
...centigrade or so more cordiality - to say nothing of a quarter to a half point lower rate - maybe it's time to consider taking your business to a more receptive environment." Be yond that, he skips lightly over financing a house, buying life insurance, investing in the stock market and dealing with...
...former general counsel, who was convicted in 1976 of forging a $250,000 check. The charges accuse the company of artificially inflating the value of some G &W assets; hiding losses by shuffling money and stock among subsidiaries; risking huge sums in unauthorized speculations in the commodities market; improperly transferring funds in and out of the Dominican Republic; investing G & W pension funds in outside businesses that benefited the officers; and using company legal, tax and financial services for private endeavors...