Word: nissim
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Dates: during 2000-2009
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...research bolsters the case for cash payouts. Doron Nissim and Amir Ziv, business professors at Columbia, have found that when a company raises its dividend, profits go up for the next four years. On average, says Nissim, "when you see companies increasing their dividends, you should expect higher returns in the future." So when a firm cuts its dividend, as Daimler-Chrysler did last week, it can raise a warning flag...
...parliamentary commission last April ordered Israeli banks to audit dormant accounts that may belong to Holocaust victims. Ministry of Justice officials tell Time they're hiring a group of former police investigators to locate heirs to abandoned properties whose European owners died in the camps. And Health Minister Nissim Dahan announced last week that he had visited a hostel for mentally ill survivors to "apologize that we did not treat you in the past as we should have...