Word: shrink
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...sell their stock to Allied, will be paid not in cash but in a combination of Allied stock and other securities, amounting to $85 per share. If the value of Allied stock now falls, as it could do following the acquisition of Bendix, those shareholders will see their profits shrink...
Announcing the "quarantine" on national television. Kennedy said, "We will not prematurely or unnecessarily risk the costs of worldwide nuclear war in which even the fruits of victory would be ashes in our mouth but neither will we shrink from that risk at any time it must be faced...
...gathering storm and waited for the President to confront reality. It happened slowly. In the next few meetings, as they talked about "tax reform" and closing loopholes as well as raising new money, Reagan seemed to be walking on eggs. He kept looking for other ways to shrink the deficits. There were none that he would accept, such as delaying the tax cuts voted last year. The figures grew worse, and the secret polls brought around by Richard Wirthlin showed the public souring on Reagan's presidency. Something began to change inside Reagan. He was struggling...
...passenger traffic and cut-rate fares pushed income down for other carriers. American Airlines saw earnings tumble 98% to $466,000; Trans World Corp. posted a 27% decline to $41.6 million; UAL, Inc., parent company of United Airlines, suffered a 36% slump to $5.5 million; and Delta saw profits shrink 52% to $23 million...
...Well, that's okay," he adds, getting up to leave. "I'm late for my shrink. No time for old war stories today...