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Word: plummetting (lookup in dictionary) (lookup stats)
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...decision is a dramatic rebuke and potential financial disaster for RKO's parent company, Akron-based GenCorp (formerly General Tire and Rubber). Unless the ruling is overturned on appeal, the value of RKO assets -- now estimated to be worth $750 million or more -- could plummet by 90%. Reason: most of the value of a broadcasting station resides in its license. Nonetheless, GenCorp may be able to salvage some of its RKO investment. The company has agreed to sell its highly regarded KHJ-TV to the Walt Disney Co. for $217 million and three radio stations to other buyers...

Author: /time Magazine | Title: Turning Off RKO's Licenses | 8/24/1987 | See Source »

...compose and record a lot of stuff. The day before the mix I was putting an incredible amount of pressure on him, and he came five hours late with the tape. But not before tripping over cords which caused $2000 worth of musical equipment to plummet into Lowell's unforgiving steel-reinforced floors...

Author: By Deborah E. Copaken, | Title: An Animated Lunch With Larry | 6/11/1987 | See Source »

...year ago in the Pittsburgh-based institution's annual report. It was an accurate prophecy. The nation's twelfth largest bank holding company (current assets: $34.4 billion) earlier this month reported a quarterly loss of nearly $60 million -- the first in its 118-year history -- and watched shares plummet in just nine days from nearly 51 to around 38. Last week Barnes, 57, faced a new challenge: finding a job. One of the nation's best-known families of financiers and philanthropists had taken charge again of the bank bearing its name, ousting the chairman in the process...

Author: /time Magazine | Title: Mellon Muscle: Reclaiming a family bank | 4/27/1987 | See Source »

...holdouts, star free agents who have gone suspiciously begging in the marketplace and are enjoined even from reconciling with their old clubs until May 1. "I used to have to hold out every year," reminisces Rose. After winning batting titles in 1968 and '69, he saw his average plummet to .316 and had to wrangle to get a $2,500 raise. "But I caught up. Remember how I used to say I wanted to be the first $100,000 singles hitter? This year I paid over $100,000 in state taxes...

Author: /time Magazine | Title: Sport: Springing for The Check | 3/23/1987 | See Source »

...tomorrow will be more seasonal as temperatures plummet into the 30's with gusts of wind from the northeast...

Author: NO WRITER ATTRIBUTED | Title: Warm Sunday Leaves Libraries Empty | 3/9/1987 | See Source »

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