Word: sales
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Dates: during 1980-1989
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...will eliminate up to 15% of the pollution caused by cars built before 1975 and trucks from before 1980. While such vehicles represent only 15% of the Los Angeles area's cars and trucks, they produce nearly one-third of its automotive air pollution. When EC-1 goes on sale next month at 700 Arco stations across Southern California, the company said, it will be priced the same as leaded fuel, though the new gas costs a few cents more a gallon to produce...
Even before last month, when the senior Wang underwent surgery for cancer of the esophagus, Wall Street suspected that the family-controlled company might be put up for sale. Now that Wang's heir apparent has stepped aside, that prospect seems even more likely...
...went private in a leveraged buyout that sent the company into a skid from which it never recovered. After borrowing $1.5 billion to repurchase its stock from shareholders, the Detroit company frantically sold one division after another to lighten its debt burden. To no avail: when it completes the sale of a subsidiary that makes wheels and brakes later this summer, Fruehauf, which had 1986 revenues of $2.7 billion and ranked among the 150 largest U.S. manufacturers, will be an empty shell existing in name only...
...Impose a security-transactions tax on each sale of a stock or bond to further encourage longer-term investment over churning. At the 0.5% rate charged by Britain and Japan, such a tax would raise $10 billion a year for the Treasury...
Noland accepted the argument of the church and the Greek Cypriot government that the works had been stripped from a small village church on the Turkish- controlled side of the island and illegally offered for sale on the international art market. Said Archbishop Chrysostomos of the Cyprus Church: "This just decision by the American court will help end the illegal marketing of looted archaeological items worldwide." Museum directors expect the decision to set an important precedent for regulating the antiquities market...