Word: sprint
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Dates: during 2000-2009
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...equity market. Care to risk a couple of quarters? It's tempting, with the established exchanges now brimming with household names like Corning in the penny-stock range. The fiber-optic-equipment maker was once a $100 stock. Now it trades near a buck fifty. Wireless-phone company Sprint is at $9.25; computer retailer Gateway, $3.58; Sun Microsystems, $3.66. How can you lose? But as anyone who has been cleaned out by a 25[cents] slot can tell you, this is risky territory...
...These are the wild and wacky Hash House Harriers, part jogging group, part frat party?and self-described "drinking club with a running problem." "Hashers" trot and sprint together not just for exercise but to socialize and banter (in their own arcane jargon), and to quaff copious amounts of beer that cancel out the very health benefits they gain from running. Many people?mostly expatriates? find the mix appealing, and "hash" chapters have mushroomed in cities worldwide...
...that though the company has been in decline for several years, it still managed to paper over its books. When the Internet bubble burst early in 2000, it took down many of WorldCom's biggest customers. The slide accelerated after regulators blocked the firm's $129 billion acquisition of Sprint in July 2000. In March the SEC launched a probe into how and why WorldCom had loaned Ebbers $366 million, most of which he ostensibly used to purchase WorldCom shares. The SEC also looked at the company's books just as scandals at other telecoms--Global Crossing and Qwest--were...
...owner] thought what everybody else thought, that he was a creature of that [short] track." He was a creature all right. Baffert put War Emblem through a crash course in obedience, changing bits and using a tongue tie to keep him under control so that he wouldn't sprint like mad for the entire race...
...will not be revived, but the case sets an important precedent. This is the first time a court has overturned a Commission anti-trust decision, and it comes while several larger appeals are pending - including the thwarted takeover of Honeywell by General Electric and the merger of WorldCom and Sprint. It may be too early to declare a new outbreak of merger mania, but companies with an eye on European assets will certainly be dusting off their courting clothes. THE BOURSE Name With Legs Can you get too much brand recognition? Sony must think so. It sued Austrian wholesaler Time...