Word: shore
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Dates: during 2000-2009
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News that Japan's three biggest financial institutions - which have all recently invested in foreign financial institutions - were considering selling new shares to shore up their [working capital] triggered the decline. The move would dilute banks' earnings per-share, compounding investor worry that the appreciation of the yen will further reduce share value and corporate profits. Mitsubishi UFJ, like Japan's other mega-banks, avoided damage caused by the subprime crisis, but its stock portfolio is now taking a hit as the Nikkei and Tokyo Stock Price Index (Topix) continue to fall and wipe value from its balance sheet...
...Olmert has tumbled into disgrace over allegations of bribery and corruption, and Livni was bidding to replace him as prime minister. She had several months to shore up support from the smaller parties that would give a new Kadima-led coalition a 61-seat majority in the country's Knesset...
...part, says Hofer, because however polarizing Haider's politics, his sexual orientation was not considered particularly relevant; he may have been sympathetic with former Nazis and favored anti-immigrant policies, but he never opposed gay rights. Many critics also believed that attacking him on personal grounds would only shore up his support among those who considered the media...
...seem perplexing, then, that when France nabbed the nine men scouting a passing ship 100 miles off Somalia's coast and found their boat laden with assault rifles, grenade launchers, and grappling hooks, they simply confiscated the boats and gear, and handed the men over to the authorities on shore. The estimated $30 million in ransom payments that has flowed into pirate coffers in the area over the past year will easily pay for replacement equipment, and even in the remarkable event that the nine remain behind bars, there's no shortage of recruits to one of Somalia...
Chocolate is getting a makeover. With the commodity price of cocoa nearly doubling over the past year, Hershey's and Mars--which claim two-thirds of the U.S. chocolate market--have shifted focus from mass-market bars to upscale gourmet in order to shore up profit margins. That's bitter news for some: to cut costs, Hershey's recently replaced cocoa butter with vegetable oil in several products, which is why the labels on Mr. Goodbar, Milk Duds and Krackel now have to say things like "chocolatey" instead of "milk chocolate." But even as the king of American candy cheapens...