Word: stockings
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Dates: during 1980-1989
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...allow some people living in rent-controlled housing to purchase their apartments after living there for two or more years. Although supporters have said the referendum will give people who otherwise could not afford homes the opportunity to own them, opponents contend that 1-2-3 will deplete the stock of affordable housing...
Experts in the both the academic and business communities said they were elated by yesterday's stock market recovery after Friday's drastic plunge, but there were mixed opinions as to the long-term economic significance of the fluctuations...
...would be. For weeks the rumors swirled that someone might launch a takeover raid on American Airlines, the largest and most respected U.S. carrier. In August the board of American's parent company, AMR, bolstered its so-called poison-pill defenses by allowing management greater flexibility to issue new stock in order to make a takeover more expensive. The Fort Worth company also signed up the high-powered Wall Street firms Goldman Sachs and Salomon Brothers to develop a full-defense strategy. AMR even asked the New York Stock Exchange to investigate recent large trades in its stock, which caused...
...Trump Shuttle, and now controls at least 40% of the market, in contrast to 26% when he took over. Trump has made huge killings by buying stakes in companies and leading other investors to believe he had an interest in a buyout, only to sell out after the stock price rose. Among his targets have been Golden Nugget, Pillsbury and Federated Department Stores. But because he has made an outright offer this time, analysts tend to think this is no bluff. "If the bid weren't serious, it wouldn't be $120 a share," says Helane Becker of Shearson Lehman...
...help. Rumor had it that certain members of the billionaire Bass family of Fort Worth might take a large friendly stake in the company, as they did to protect the Walt Disney Co. from a raid several years ago. Or Crandall might borrow money to create an Employee Stock Ownership Plan to achieve the same goal...