Word: rca
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...these days of iPods, desktop stereos seem so 20th Century. Still, when I heard about RCA's new contraption, I was intrigued. Like VCR/DVD combos and camera-docking printers, it's an innovation designed not for early adopters but for late adopters. The stereo comes with a tiny 128MB MP3 player that connects at the top. Pop in a CD (or five), press Record and the songs load themselves onto the portable player as you listen to them...
...government has been urging Chinese firms to expand their presence in overseas markets. Some have begun to respond. Late last year computer giant Lenovo bought the high-profile but money-losing personal-computer business from IBM for $1.75 billion. Prior to that, TCL, a consumer-electronics maker, bought the RCA TV business from French giant Thomson. And all the while, Chinese energy companies have been making deals with governments and private companies, desperately trying to acquire oil-and-gas reserves needed to power an economy still growing 9% annually...
...trip for many voyagers was as hair-raising as a Snake River rafting expedition. In 1985 a parade of slumps, scandals, panics and just plain goofs rocked the business world. All the while, an unprecedented wave of acquisitions was swallowing up such well-known corporate names as ABC, RCA, Nabisco, General Foods and Revlon...
...takeover. If one of these firms does indeed receive a merger bid, the arbitragers stand to make huge profits, but they can suffer staggering losses if no deal materializes. In 1985, arbitragers boosted the price of shares in dozens of companies before they were acquired, including General Foods, RCA, Revlon and Richardson-Vicks...
Tracking down leaks and insider trading on the stock market, however, has proved notoriously difficult. RCA stock shot up just prior to an announcement that the company would be merging with General Electric. Macy's shares rose precipitously shortly before plans for a management buyout were disclosed. In neither case has proof emerged of trading by people who were privy to inside information...