Word: reaping
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...Soviet summit before the end of the year. But last week, in the latest in a series of unpredictable diplomatic maneuvers that began at the Reykjavik summit, Soviet Leader Mikhail Gorbachev made another surprise shift on arms control that could get the stagnant talks moving -- and reap new propaganda victories for the Kremlin...
...volatility of the market is inspiring a mixture of excitement and fear, since the Dow's stratospheric level gives it a tendency to sweep up and down from time to time by 50 points or more a day. When individuals reap an overnight windfall, they can become manic and even a little careless about where to put the money next. "Clients are calling about speculative stocks that they've heard about at cocktail parties over the weekend. I'm worried about this," says Jerry Tisserand, a broker for Thomson McKinnon Securities at a branch in Evansville, Ind. At the same...
...Southland made a deft maneuver. John, Jere and Jodie Thompson, whose father Joe founded the firm in 1927, offered to buy the rest of the company for $3.8 billion, or $77 a share, and take it private. Just seven weeks ago, Southland stock traded at $48. But investors may reap yet bigger rewards. Southland stock closed the week above $79 a share, a sign that speculators believe a raider may surface with a higher...
...overall winners and losers from deregulation form a mixed gallery, but a few generalizations can be drawn. By and large, consumers who make enough money to take advantage of lowered prices in sufficient quantity, and those canny enough to understand the widening array of choices, will reap the most benefits. Conversely, poor people, who are strained by high minimum-balance requirements at banks and steep local phone rates, may be faring the worst. Says David Schwartzman, economics professor at the New School for Social Research in Manhattan: "Low-income customers have been the real losers in deregulation. They...
Other blacks, however, were quick to reap the benefits of the ruling. By the 1955-56 school year, more than half of all black grade-school children and two-thirds of whites were enrolled in mixed classes. By 1968 Linda's alma mater, Monroe Elementary, had a 25%-white student body. By the 1986-87 school year, not a single Topeka school had a student body less than 6.2% or more than 62% black. Twice during the 1970s, the Federal Government surveyed Topeka's schools and found them in compliance with desegregation policies. Still more striking were steady gains...