Word: marketization
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Dates: during 1990-1999
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...over the next 10 days, Murray said he found Betrouni's offer unacceptable based on the current market value of the restaurant as assessed by an outside firm...
...fact that it's in the humanities I really like because a lot of people don't even consider applying to grad. school because everyone knows the job market for Ph.D.s, especially humanities Ph.D.s, is pretty bad right now," said Lynn Y. Lee '99, one of the winners and a former Crimson executive. "I think the Mellon is just a great way of encouraging people to do graduate study and go into academia in the humanities...
...Greenspan is watching. Just as nearly everyone expected, the Fed passed on an interest-rate hike Tuesday; however, it did shift its "policy bias" from neutral to slightly worried. "While the FOMC [Federal Open Market Committee] did not take action today," the Fed said afterward, "the committee was concerned about the potential for a buildup of inflationary imbalances that could undermine the favorable performance of the economy." Though they couldn't have been surprised, stock marketeers did gulp a little, sending the Dow down 50 points or so after the afternoon announcement. By the end of trading...
AFTER HOURS Talk about bad market timing. Just as SEC chairman Arthur Levitt was warning last week about the dangers of online trading, Instinet--the network that lets brokerages and mutual funds trade stocks after the closing bell--said it would soon afford retail investors the same privilege. Before long, sleep-deprived traders in their pajamas should be clicking trades through cyberspace all night long, potentially saving money by having their trades executed faster. Retail investors will still route their trades to Instinet through brokers--online and otherwise--but they'll be able to react to late-breaking news. Both...
...else had anything quite like it, and Lilly cleaned up. But then other pharmaceutical firms rushed in with their own versions, including Zoloft, Paxil, Celexa and the recently newsworthy Luvox, found in the blood of Columbine High School shooter Eric Harris. The competition has already eaten into Lilly's market share, and things can only go downhill from here...