Word: parent
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Dates: during 1980-1989
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...wind up brimming with eventual turnaround stocks. Says Zeikel confidently: "We expect to have more winners than losers." Over the years, bankrupt or desperate companies have indeed occasionally revived under new management. Typical of such born-agains is Toys R Us, which re-emerged from the bankruptcy of its parent, Interstate Stores, in 1978 to become one of the fastest growing retailers in the U.S.: 1981 sales $783 million...
BELOIT. Wis--Between 1890 and 1910, a Chicago philanthropist named D.K. Pearsons gave Beloit College a total of $500,000 He was not an alumnus or the parent of a Beloit student--in fact, he took the college by surprise when he first wrote to say he would give $100,000 it Beloit could raise a similar amount in two months...
...gives you and the First Lady the right to remain puppy dogs in love way past your Geritol years? (Just a hypothetical question, sir.) We suggest bringing one of your spunkier children to Washington and encouraging him or her to gab with the press about your shortcomings as a parent...
...believe their eyes: in place of the NBC network's Nightly News, affiliate station WPCQ-TV will start airing Family Feud. And instead of the local evening-news lead-in, the station will offer Real People. Insists Lawrence Fraiberg, president of WPCQ's parent, Westinghouse Group W TV, the nation's biggest non-network station group: "This has nothing to do with our attitude toward news...
...proved to be inconclusive, but it led to a second, completed earlier this year, that uncovered $1.2 billion in unsecured lending. Calvi was buying up Ambrosiano stock, possibly using money borrowed on international financial markets by Ambrosiano and its subsidiaries, in an attempt to strengthen his grip on the parent bank. During 1978-79 and in 1981, Ambrosiano and its subsidiaries raised about $1.2 billion. In these years the banks lent at least $800 million to low-capitalized shell companies in Panama, Luxembourg and Liechtenstein. The shell companies, in turn, used about $400 million to buy stock in Banco Ambrosiano...