Word: nissim
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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...
...Hamas car bomb that was set to go off in a crowded site in Or Yehuda (a suburb of Tel-Aviv) was foiled by the Israeli security forces. On December 7, 1992, Hamas activists killed three Israeli reserve soldiers. On December 13, 1992, Hamas kidnapped and murdered border policeman Nissim Toledano. These are but a few of the terrorist attacks that precipitated Rabin's deportation order...
...agreement. Israeli security officials say the Palestinian cops will probably be armed with pistols, rifles and light machine guns. The P.L.O. would like to have armored personnel carriers and spotter helicopters as well. "We will give them everything they need to maintain security and keep power," says Nissim Zvilli, secretary-general of the Labor Party, "but nobody is going to build a Palestinian army...
...fully loaded bus left Tel Aviv, Passenger Nissim Cohen became suspicious of four young Arabs aboard the vehicle, two at the front and two at the back. Cohen noticed that the men, who had two suitcases among them, appeared tense and never spoke to one another. He mentioned his fears to an army officer, but was urged to calm down. Finally, after the bus had passed Ashdod, 19 miles south of Tel Aviv, Cohen jumped off and called police. Moments later, the four men announced that they were armed with explosives and were taking over...