Word: reaping
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Recruit Cosmos acknowledged that it offered discounted shares of its stock to the well-placed investors in 1984, two years before the company went public. The stock's price soared as soon as it went on the market, enabling the early investors to reap large profits. Under Japanese law the practice was technically legal, yet the deals struck many Japanese as highly unethical...
...million people visited Turkey, a 20% increase over the previous year. The tourists injected about $1.3 billion into a faltering economy; the annual inflation rate is a devastating 70%. This year the country expects to reap about $2 billion from an anticipated 3 million visitors. These numbers still pale beside the 7 million tourists who flock each year to neighboring Greece, a country that boasts about a fifth of Turkey's population of 55 million. But, according to a recent report by the Organization for Economic Cooperation and Development, tourism in Turkey is growing faster than...
...Syrians' expanded security role in Beirut could improve prospects for the release of foreign hostages, including nine Americans, believed held by pro-Iranian militants in the Shi'ite neighborhoods. In his desire to regain respectability following Western charges of Syrian involvement in international terrorism, Assad would like to reap credit for seeing the hostages freed. A Western diplomat in Damascus described the security plan for the suburbs as "a move in the right direction...
...Standard & Poor's 500. The futures, first introduced in 1982, gave portfolio managers a chance to hedge their cash investments in the stocks that make up a particular index. But the futures also gave investors the opportunity to engage in index arbitrage, a practice in which they can reap quick profits from temporary, often minor discrepancies between the two markets by launching simultaneous, computer-driven program trades of huge blocks of stock in New York and index futures in Chicago...
...developed by Dr. Steven Rosenberg of the National Cancer Institute, more than 400 Americans have received it. Though there have been some spectacular successes, IL-2 is clearly no cure for cancer. Five percent to 10% of patients experience complete remission, and more have partial ones. But the majority reap no benefit at all. Given the expense and the risks, the treatment has come in for some sharp criticism. Even so, University of Pennsylvania Oncologist Kevin Fox notes that IL-2 therapy is the only treatment that works at all on advanced melanoma and kidney cancer. Admits Rosenberg...