Word: sharings
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Dates: during 1980-1989
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...huge trading volume for the day was exceeded only by the 600 million-share sessions of October 19 and 20, 1987, and the 450 million shares traded October...
Despite all the girding for an assault, the airline industry was rocked last week when a raider finally surfaced. It was New York City tycoon Donald Trump, who announced that he was offering $120 a share, or $7.5 billion, to take over the giant carrier...
...sell out after the stock price rose. Among his targets have been Golden Nugget, Pillsbury and Federated Department Stores. But because he has made an outright offer this time, analysts tend to think this is no bluff. "If the bid weren't serious, it wouldn't be $120 a share," says Helane Becker of Shearson Lehman Hutton...
Many who stay behind share the same anger and frustration. "People are leaving East Germany because they have lost all hope of change, because the Communists are closed to Gorbachev's policies of glasnost and perestroika," said Reinhard Schult, one of the founders of the biggest new opposition movement, New Forum. "We can no longer tolerate the kindergarten atmosphere or being constantly led by the nose on all fronts...
...predictable as the grumbling from Detroit was the calm reaction in Japan, whose share of the U.S. market has climbed from 15% in 1979 to 25% today. "It's not that tough technologically, but we'll need some lead time," said a Japanese auto-company official. He added that the new standards would raise sticker prices "only marginally" because Japanese firms typically rely on thinner profit margins than their U.S. counterparts...