Word: slid
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Dates: during 1990-1999
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Faced with declining dividends, the institutions wanted to sell their stock, but the CEO held the cards. The stock price, meanwhile, slid from its $56 high in 1992 to about half that in the summer of 1997. At the close of 1997, Grune agreed to let the institutions divest. Six of eight foundations dumped 11.8 million shares, worth more than a quarter-billion dollars. Critics like Paul Tierney, whose company Corporate Value Partners owns 1.5 million shares, think the deal is less than charitable. The institutions had to sell at 25% under the market price. They were "like lambs being...
...clock is ticking ominously for Japan Inc. After six years of stagnation, the world's second richest nation is threatened by the financial crisis that has hammered and humiliated the wildfire economies of Asia. As South Korea slid close toward insolvency last week, the Japanese were looking toward their leaders, and foreign investors were looking to Japan for signals that the Pacific Rim's chief Asian power could buffer the quakes rattling the region's interlocking systems...
Senior Henry Higdon solidified the lead--which by that time was not in doubt--on a power play with six minutes remaining in the game. Higdon's one-timer came off a tic-tac-toe play in which junior Craig Adams slid a beautiful pass across the zone to Higdon on the left post...
Only four minutes into the game, Harvard crushed any doubts as to its scoring abilities by putting the ball in the back of the net off a corner kick. Assisted by junior forward Naomi Miller, senior forward Lindsay Minkus slid the ball in the net after a scramble in front of the goal...
With nary an indication of a downbeat from Gatti, the lower strings slid into the haunting opening strains of Schubert's Unfinished Symphony, displaying a rhythmic alliance so perfectly refined that it truly seemed as if only one instrument were present. The placement of the cellos between the second violins and the violas allowed for a heightened clarity, producing a concentrated, almost sinewy tone that typified the Allegro Moderato. The first movement elapsed without any fiery outbursts; Gatti instead focused intently upon the lyric strains of the oboe and clarinet. His conducting was comprised of a fairly conventional fluidity...