Word: splits
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...questions swirled around its accounting practices, Tyco International, an industrial and services conglomerate with $36 billion in annual revenues--and a beaten-down stock price--said last week it would split into four companies in a bid to "unlock tens of billions of dollars of shareholder value." The company's combative CEO, Dennis Kozlowski, predicted the breakup would add 50% to the stock price. Going him one better, Don MacDougall of J.P. Morgan Chase said the move would make the stock worth $80 to $90 a share--double the current price. Haven't they heard? Post Enron, any hint...
Heisenberg's principle works overtime here: if you show up at a casting call with your camera crew, doesn't that skew the audition? Our actor of the moment spills his/her guts to you...and in the corner of the frame you spot, for a split second, someone who radiates glamour, beauty, that ineluctable It. Then she's gone, back into anonymity. That's part of show biz too: not just the ones who are trying to make it but also the thousands who got away...
...should be cut. "[Cheney and Rumsfeld] made a run, but it didn't work," says a senior Administration official. The move worsened the rift between Powell and Cheney and necessitated a closed-door meeting between the national security team and President Bush last Friday. In the end, the Administration split the difference: telephone contacts with Arafat can continue, but Zinni will not return to the region for further talks until Arafat cracks down completely on terrorism and arrests those responsible for the arms delivery. Later that day, Bush blamed Arafat for "enhancing terror." State officials claim they haven't lost...
...proposal has caused a split amongst faculty on the CUE. Many feel that the reduction may weaken the Core’s ability to achieve its central goal of exposing students to multiple disciplines. However, allowing departments to choose one additional Core exemption for its concentrators will not significantly narrow students’ academic experience; most departments touch on more than three of the broad Core areas anyway...
...before dropping a eight-point decision, 90-82, in Providence. Brown was the surprise team in the conference last season, finishing in second place with a 9-5 record. Already, the Bears have defeated major conference powers such as Rhode Island and Providence. Brown and Yale also split their series this season...