Word: shores
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During the day, vacationers can bicycle or walk along the myriad trails by the shore. Rental stores are conveniently located nearby, offering a wide selection of bikes for both those who take this stuff seriously and those who just want to have...
...chunk of the company into relatively friendly hands. "Every corporate treasurer is looking at it," says Paul Mazzilli, a principal at the Morgan Stanley investment firm. In recent months, three major corporations -- J.C. Penney, Ralston Purina and Texaco -- spent a total of $1.75 billion on ESOPs to shore up their takeover defenses. Procter & Gamble announced plans in January to spend $1 billion to boost its ESOP from 14% of outstanding shares to 20%, partly to ward off raiders...
...Panasonic products seemed a bit pricey last year, the reason has become clear. Between March and August, some of the company's U.S. representatives allegedly resorted to classic pressure tactics to shore up profits that had been eroded by price wars. Panasonic threatened to cut off deliveries to retailers that discounted Panasonic goods. Among the targets: K mart, Montgomery Ward and Circuit City. Last week Panasonic, a division of Japan's Matsushita, settled charges of price fixing with the New York State attorney general's office. While Panasonic admitted no wrongdoing, the company agreed to refund as much...
...income apartments the Trump family operates with minimum publicity in Brooklyn and Queens. In 1973, when the Federal Government charged racial discrimination, Trump hired the notorious Roy Cohn to defend him, then eventually signed a consent decree. No less vexing was the 1983 controversy at the 1,400-apartment Shore Haven Apartments in Brooklyn, where the Trump organization started charging new tenants $40 to $60 a month for garage fees regardless of whether they had cars. One tenant, Viola Salomone, actually acquired a car and parked it in the unlocked and unattended garage, then found it vandalized. She refused...
...Spain, too, the Socialists have not permitted the right to corner the nationalist market. Having taken Spain into the Economic Community, Prime Minister Felipe Gonzalez has demonstrated that the adept use of anti- Americanism (e.g., kicking a U.S. air wing out of Spain) is an excellent way to shore up nationalist credentials and retain popularity...