Word: saling
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Dates: during 2000-2009
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...Moreover, a look beneath its recent earnings report reveals that Citi is still struggling to extricate itself from the credit crisis. All of Citi's profits and then some in the second quarter were the result of a onetime gain on the sale of 50% of the company's Smith Barney brokerage division to Morgan Stanley. Take that out as well as some other onetime events, and CreditSights' Hendler says the company actually lost 70 cents a share, or about 30% more than it did in the same three-month period a year ago. (See the top 10 bankruptcies...
...According to the opinion, an executive from BabyAge, an Internet retailer, testified that "Peg Perego's sales representative admitted that Babies 'R' Us threatened to charge Peg Perego for each new sale that BabyAge made unless Peg Perego made BabyAge stop discounting." In spring 2002, Babies "R" Us was unhappy that Internet retailers were discounting Medela breast pumps. So "to send a message," according to the opinion, Babies "R" Us canceled all Medela orders on May 2, 2002. Backed into a corner, Medela terminated 17 Internet accounts two months later. The reason, according to an internal Medela document: "We discontinued...
USAGE: "In the neverending cat-and-mouse game with Apple, iPhone hackers have been toiling away for weeks trying to jailbreak the iPhone 3GS, which went on sale in mid-June. On [July 3], a hacker who calls himself 'geohot' released the first jailbreaking software for the device." --Wall Street Journal, July...
...Edsel, thanks to a federal bankruptcy judge's ruling that may save General Motors. The July 5 decision will let GM sell its best assets--including the Cadillac and Chevrolet brands--to a new company of which the U.S. government will have 60% ownership. The sale, opposed by some bondholders and consumer groups, could let the storied automaker emerge from bankruptcy in less than two months...
...DIEGO, Calif.—In the ongoing search for “my team,” I traveled to San Diego yesterday morning for the first ballpark installment of A Fan for Sale. After a long week at my real job, I hadn’t really had time to do my research for this game and therefore had no idea what to expect. But talking with Padres closer and All-Star rep Heath Bell, I got the scoop boiled down...