Word: marte
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Dates: during 1990-1999
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...business decision, a political decision or a moral decision? Wal-Mart, the nation?s fifth largest distributor of pharmaceutical products -- and often the sole druggist in smaller communities -- has decided not to sell an FDA-approved medication. The drug is Preven, a prescription morning-after pill that prevents pregnancy. The company says it?s strictly a "business decision"; Planned Parenthood and others involved in the birth control and abortion debate aren?t so sure. They believe the company is reacting to pressure from pro-life groups, though the company denies...
...should ever confuse Harvard withWal-Mart, Microsoft or McDonalds," said Parker, alecturer at the Kennedy School of Government andthe Shorenstein Center on the Press, Politics andPublic Policy...
...past few months, Stansky has lightened his tech load, from 25% to 20%, replacing Intel and Lucent at the top of his portfolio with Citigroup and Time Warner [parent of TIME's publisher]. He still has Microsoft, MCI WorldCom, AOL and Cisco (along with GE, Home Depot, Wal-Mart and Merck) at the core, a strategy that's working; so far, he's still beating the S&P, with a 12% return this year...
...recovers from the Asian flu. "What started two weeks ago started too fast and was too extreme," says Jeffrey Warantz, strategist at Salomon Smith Barney. "But it's not over." Warantz's research shows that it isn't just tech stocks or large consumer stocks like Merck and Wal-Mart that are rising now. Several weeks ago, 81% of the stocks that he tracks were lagging the gains in Standard & Poor's 500 by 15% or more. Last week the reading was down to 76%. That hardly points to a party to which everyone's been invited. Still, many believe...
...books for him so that he doesn't have to read any, gave $1 million to the Library of Congress last Wednesday. Financier George Soros spent some $2 million last year toward making marijuana legal for medical use. Now comes leveraged-buyout mogul Ted Forstmann, who together with Wal-Mart heir John Walton is spending $100 million to give 40,000 scholarships to disadvantaged children who want an alternative to public school. This week the Children's Scholarship Fund will announce that it has been besieged with applications for the $600 to $1,600 annual stipends, even though strapped parents...