Word: stockely
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...Richard Rainwater convinced himself that the long decline in oil prices that had begun in the early 1980s was about to end. As a billionaire who had made his name and fortune steering the Texas oil riches of Fort Worth's Bass family into lucrative nonenergy investments like Disney stock, Rainwater had the wherewithal to act on his conviction. So he plunked down about $300 million of his own money on energy-company stocks and oil and gas futures...
Teremok began in the wake of the 1998 financial crisis. The name, suggested by Goncharov's mother, who is the company's head chef, translates roughly as "Fairy-Tale Cottage," and the company's rise has been something of a Cinderella story. When the Russian stock market crashed in August 1998, Goncharov lost the electronics-distribution business he had started. "For the first month, I was really sad," said Goncharov, who was born in Kazakhstan and studied mathematics at Moscow State University. "Then I decided I have to start a new company." Earlier that year he had visited London...
...university acted to free information rather than to control it. Harvard defied the predatory monopoly of journal publishers. Bravo, fair Harvard. “To thy children the lesson still give,/ With freedom to think …/ Be the herald of light …/ Till the stock of the Puritans die.” Harry R. Lewis is Gordon McKay Professor of Computer Science and the author of “Excellence Without a Soul: Does Liberal Education Have a Future?” His book with Hal Abelson and Ken Ledeen, “Blown to Bits...
...tell him he needed to go a certain direction with the speech at all,” said Alexander J. Tennant ’08, the first marshal of the senior class, who speculated that Bernanke might give a more “lighthearted” address. James H. Stock, economics department chair, said he expects Bernanke to discuss “the importance of economic knowledge.” “Honestly, I’d be very interested to hear his advice to Harvard undergrads, what sort of careers they should be considering, and what knowledge they...
...Though Corning’s financial position was strong throughout the 1990s, its fortunes dropped sharply following the end of the dot-com boom when the company’s large investments in optical communications soured. As the stock fell to just five percent of its previous value, Corning’s board turned to their trusted leader to revive the company, even though he had been retired for six years...