Word: offing
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Dates: during 1990-1999
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In the same spirit, we've received some unforgettable presents, such as the water buffalo sent by a cousin. Actually, the beast was donated in our family's name through the Heifer Project International heiferproject.org to a village in the Philippines. That year, after Christmas dinner, we had fun naming...
More powerful than Microsoft! Able to leap Time Warner in a single bound! Why, it's Yahoo! In one breathtaking trading session, Yahoo went from being a glitzy dotcom to being one of the largest corporations in the world, surpassing hundreds in market value. And what had Yahoo done to...
More than 20 million shares of Yahoo had to be purchased by the funds that run billions of dollars mimicking the S&P 500. This incredibly popular method of indexing creates instant value overnight in a way that a takeover or a restructuring or an earnings surprise can never produce...
The folks at McGraw-Hill, who keep the averages, are a secretive bunch. They didn't explain why Laidlaw, an obscure Canadian company, got the ax and Yahoo got in. But one thing is certain. If this index is going to maintain its integrity as a diversified assemblage of our...
Right now there are more large-cap companies outside the index than at any other time in history, because of investors' massive reweighting toward technology companies. Among those we consider potential admittees are JDS Uniphase, a $42 billion fiber optics company; online retailing colossus Amazon, with $36 billion in market...