Word: stakes
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Dates: during 1990-1999
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Students said the purpose of last night'stake-over was to remind the administration aboutthe passion they feel for their cause...
There was a lot at stake: in the weeks before the referendum, De Klerk and Andries Treurnicht, leader of the Conservative Party, resorted to hands-on campaign tactics, meeting voters face-to-face for the first time, in a country where politicians have traditionally remained aloof of the electorate...
Though the Agnellis pocketed a $475 million profit for their controlling stake in Perrier, the family's hopes of making a splash in the lucrative mineral-water market were thwarted. Overall sales for waters such as Perrier and Evian, the worldwide leaders in the mineral and still-water categories respectively, are growing almost 10% annually -- faster than any other product in the food-and-drink industry...
Cash at O&Y was probably becoming scarce as far back as September 1990, when the Reichmanns announced they were trying to sell a 20% stake in their U.S. real estate portfolio. No deal was ever struck, suggesting that things would probably get worse before they got better. Last month fears of a cash crunch were confirmed when the value of some commercial paper and bonds backed by O&Y were suddenly downgraded by Toronto's Dominion Bond Rating Service. To calm edgy investors, O&Y said it would pay off a short-term bond within 10 days...
...combination of high unemployment and low consumer confidence seems certain to make this America's weakest rebound since World War II. With the economy stuck in slow motion, a new round of layoffs could plunge the U.S. right back into recession. And this year there is even more at stake than jobs and profits: the rate of recovery could very well decide the presidential election in November...