Word: stockely
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...injected another kind of novelty into the region: stock fever. The newspapers were filled with ads offering loans - usually with exorbitant interest rates - to help Kenyans buy shares. Poor people who didn't even have bank accounts complained about a minimum investment requirement of 10,000 shillings (just over $150). And on the first day of the IPO, thousands of people lined up in downtown Nairobi to snap up shares. It was perhaps most emblematic that one Kenyan newspaper the Daily Nation, referred to potential investors as "punters," as if by buying Safaricom shares they were betting on a racehorse...
...Jarrett runs the Habitat Co., a real estate firm, and she chairs the board of the University of Chicago Medical Center as well. She has also served as chair of both the Chicago Transit Board and the Chicago Stock Exchange. But as Jarrett sees it, her most important position may be the role of honest critic for the man she hopes will be President. "I'm very frank, and I always tell them what I think," says Jarrett. "But that's probably easier to do when you're good friends...
...successful, it may seem unassailable, untouchable--unavoidable. It's not. In fact, the company has had a very difficult year. Traffic at U.S. stores dropped for the first time in its history, and then comparable-store sales--a key measure of a retailer's health--turned negative too. Its stock has slid some 40% in the past 12 months, shaving more than $400 million from Schultz's personal bean pile...
...board reinstated Schultz as CEO to revive the coffee empire. "It's a time for reinvention, and there's no one better to do it than Howard," says Howard Behar, who ran Starbucks' international operations throughout the late 1990s and as a board member voted to reinstall Schultz. The stock rallied 8%, and baristas went wild. "Woooohooooo!" read two posts on StarbucksGossip.com "Welcome back, Howie!!! All of Starbucks missed you, and we can't wait to see where you take us," read another. More than a few posts skeptically pointed out that Schultz had never gone far (his office...
...simply read a line graph at the reservoir's visitor center, which tracks the water elevation of Lake Mead since it was created by the construction of the Hoover Dam in 1935. After years of relative stability, starting in 2000 the graph resembles the record of a stock-market crash. The visitor center's chart stops at 2006, but as a park ranger tells me, "It just keeps going down from there...