Word: stocked
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Dates: during 1970-1979
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Next day it became clear that Healey's budget had not produced as much sunshine as Britons would like. The St. James's snow had melted all right, but the stock market plummeted, the recently resuscitated pound slipped again and the Liberals began to mutter threats of ending their pact with the Labor Party unless Healey came up with some bigger tax cuts. Reflecting the general mood of Britons, Conservative M.P. William Clark scowled: "The budget is a damp squib...
Bonuses have become increasingly important as stock options have lost some of their luster and the top tax rate on "earned" income has been reduced from 70% to 50%. Last year IBM Chairman Frank T. Cary received more in bonuses ($337,000) than in salary ($333,000). American Home Products Chairman William F. Laporte's bonus was exactly half his total income of $770,000, while Augustine R. Marusi, chairman of Borden, Inc., earned a bonus of $271,000 to go with his salary...
Brokers know all about Wall Street's legendary selling panics, but whoever heard of a buying panic? That is precisely what swept the New York Stock Exchange late last week. In two incredible days of financial hebephrenia, the cavernous trading room echoed with delirious shouts and yells so loud that it was hard for brokers to talk to one another. After 15 months of steadily slumping prices, the market had taken a sudden and unexpected U-turn, sending short sellers, who make profits by betting on continued declines in stock prices, running for cover...
Members of seven campus political and minority groups joined together Wednesday to form the United Front, a coalition calling for the withdrawal of all United States firms from South Africa, and Harvard's divestiture of stock in those firms, if necessary as a long-range goal...
Before yesterday morning, an MIT crew which had been the laughing stock of the scummy Charles last year loomed as a question mark in the mind of Radcliffe lightweight crew coach Peter Huntsman, who had heard reports they were vastly improved...