Word: selling
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Dates: during 1980-1989
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...hope for good." He acknowledges that he had long banked on being able to drive out the larger rival Daily News, which seems unlikely. Now he accepts that "you might get the Post scratchily in the black but never rich on it." Mid-March is his deadline to sell or fold the Post, unless he can get the Government order reversed. What are his chances? A tough and crafty gambler who loves a fight, Murdoch guesses, "Less than even in Congress. Better than even in the courts...
...October stock-market crash to bring economic growth to a halt, the Government said last week that during the final three months of 1987, the U.S. economy expanded at a robust 4.2% annual rate. The surge was propelled in part by the falling dollar, which enabled American manufacturers to sell more goods overseas. The volume of exports grew 20% during 1987, while import growth slackened to less than...
...stock up on paper towels in one trip. Most "malls without walls," as Walton calls them, draw crowds with an old-fashioned lure: everyday discounts. Prices are reduced as much as 40% below the full retail level. Hypermarkets make money even at such thin profit margins because they sell such an enormous volume of goods. Hypermarket sales average at least $1 million a week, compared with $200,000 for a conventional-size discount store...
...being. Paul Stankard leans back from the workbench at his home in Mantua, N.J., and his broad, open face creases into a smile. "You know what I do for a living?" he asks. "I take $25 worth of material, make love to it for a few hours and then sell...
...bulk of the N.Y.S.E.'s back-office work. Part of the Big Board's designated order turnaround (DOT) system, which transmits orders from brokerage firms to the floor of the exchange, crashed four times on Oct. 19. The next day, a system that stores standing orders to buy or sell shares at a predetermined price stopped three times. One still unidentified software glitch temporarily misplaced transaction reports involving some 4.3 million shares. Many brokers, uncertain whether the computers were registering their sell orders, just kept selling to make sure...