Word: profit
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Dates: during 1990-1999
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Last year Harvard sold 100 units of formerly rent-controlled housing to Homeowner's Rehab, a non-profit group dedicated to preserving low-income housing in the City of Cambridge...
...vacuum left by the hollow, lifeless phrases of Marx. The sip of individual initiative permitted in recent years is nurturing a taste for more personal freedoms, not so much for U.S.-style democracy or the overthrow of the regime as for a vague longing to choose things for oneself, profit from one's own effort, speak one's own mind. "Before, it was either the party or this." Gliceria Cabrera, 57, is firm: "From now on we can say that...
...couple of measures, the thousands of analysts who study individual U.S. companies haven't been this worried about the profit picture in years. Clifford Fox, managing director at Columbus Circle Investors, keeps track of the revisions stock analysts make in their earnings forecasts. In the 10 days ending last Thursday, only 33% of the revisions made were upward ones--a two-year low for that reading. John Manley, analyst at Salomon Smith Barney, notes that December was the first time since 1992 when there were fewer upward revisions in the month than the average for that month over the five...
...simple and important: Wall Street has grave doubts about corporate earnings in '98. Asia isn't just sinking, it's sinking in. "The more the analysts learn, the less they like," says Manley. That's why the stock market has gone nowhere. The bad news is that when profit momentum swings from plus to minus, it is usually accompanied by steeper stock declines than what we've seen. Look out below! The good news is that it's still too early to know if the profit cycle is really turning. We can hope that the current shenanigans ultimately represent nothing...
...objections. David's case, on which a superior-court judge in Oakland is expected to rule this week, pits the civil liberties of a teenager against the right of a parent to decide how to raise a child. It also shines a spotlight on the shadowy world of for-profit "attitude adjustment" camps and schools. Some parents who have resorted to such programs say their intensive boot camp-style approach has been the crucial factor in turning around their troubled children's lives. But critics charge that many of the camps hold children prisoner, inflict what they consider...