Word: stockings
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
Since IMAX went public in June 1994, its stock price has risen from about $6.75 a share to $29 in March before settling at about $22. That makes the company worth around $650 million. The two co-bosses took advantage of that upturn to sell 100,000 shares each recently, but analysts still see IMAX as a coming attraction. "It's a very undervalued company," says senior analyst Steven Bernard at Everen Securities. "We don't think it's well known on Wall Street...
...large incisors, quickly disembowel any enemies of the city attempting to infiltrate the deliberately darkened access tunnel. Fact: The mayor has sensibly proposed building an emergency control center for merely $15 million in the World Trade Center. Should any danger--be it a raid by crazed fundamentalist bioterrorists, a stock-market crash or a strike of rollerblading dog walkers--threaten New York, the mayor would inch through traffic, clamber up 22 flights of steps (can't trust elevators in a crisis--they might be booby-trapped!), pausing only to sign autographs for tourists, and soon be in command...
When Stetson law professor Charles Elson joined the board at Sunbeam Corp. two years ago, the company's pugnacious CEO, Albert J. Dunlap, wanted him to think like an owner. So he insisted that Elson dig deep into his own pockets and buy $100,000 worth of Sunbeam stock. Two weeks ago, with the value of that stake fast eroding, Elson said, "You bet I looked at the company as an owner." So he and his similarly staked board mates moved fast to "Dunlap" Dunlap, sacking the job slasher whose name had become a Wall Street verb...
...startling turnabout. Just last February, "Chainsaw Al" was so highly prized by this same board that he was given a rich new employment contract that included options on a staggering 3.75 million shares of stock--one of the 10 biggest options grants ever at any company. Now the precise terms of that contract are in dispute as the board attempts to deny severance to Dunlap and his No. 2, Russell Kersh...
...whole mess is certain to devolve into a nasty court battle that until very recently only Dunlap's fiercest critics could have imagined. Along with perhaps half a dozen shareholder suits stemming from the stock collapse, and litigation with the American Medical Association over a botched endorsement deal, Sunbeam expects a lawsuit from Dunlap seeking a going-away package...