Word: stocke
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...With the stock market plummeting, the ruble propped up by rapidly depleting currency reserves and zero economic growth projected for this year, Moscow is looking to the IMF to keep its economy from going over the edge, reports Meier. A group of top Russian bankers approached IMF boss Marcel Camdessus today to beg for an estimated short-term $5 billion bailout, with further guarantees of up to $15 billion...
...derivative contracts are designed to help banks, corporations and countries hedge against financial uncertainties, such as changes in interest rates. But the banks found that they could make a killing by concocting more exotic derivatives that effectively bet on the future direction of interest rates, foreign exchange, commodities and stock indexes. And since banks aren't making much money from traditional lending these days, derivatives became the highway to new revenues and profits. Accounting rules made derivatives attractive too, since the contracts didn't have to show up on bank balance sheets and thus were beyond the prying eyes...
...make PCs better and cheaper, Klein must have held out at least faint hopes that Gates would renounce enough of his most egregious practices to let them both declare victory and go home. Unfortunately for all concerned (with the exception of Microsoft enemies like Netscape and Sun Microsystems, whose stock prices should rise with delight at their rival's newly bogged-down circumstance), the opposing parties' definitions of which practices were "egregious" and which remedies constituted "enough" turned out to be hopelessly divergent...
...pick of the lot in cyberspace? Some 2 million online shoppers--an estimated 15% of all new-car buyers--are flocking to a lengthening list of auto websites to compare makes and models, scout out the best insurance rates and find the nearest dealer with the car in stock. This week autoconnect.com a giant virtual warehouse for used cars, joins a growing pack that includes autobytel.com autoweb.com and Microsoft's carpoint.com...
...those who think business globe trotting will taper off as communications technology replaces the need for personal contact, Kaplan argues to the contrary: "When we see the way the Asian financial crisis affects the stock market here, people realize they have to go and get a feel for the markets they are in. The way we do business might change, but there is no replacement for physically experiencing a country." Most important, Kaplan adds, is building relationships. "If you're going to have a comfort factor with anybody in any country in the world, you need to build...