Word: stockings
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...agrees to accept a cash payment to fund a new health-care system that trustees administer, thus taking future liabilities off the company's books. That's what happened at Ford, where the company negotiated a deal in which half the VEBA will be funded in the form of stock rather than cash. GM may need even more help...
What if the G-20 is like the stock market four weeks ago? No one thought the market would go up over 20% in less than five weeks. Many people did not think it would...
...hand. Sales of Windows and the company's business and server software were stunning. The margins on some of Microsoft's software franchises were over 70%. Then the hyper-growth stopped as the company's market penetration of PCs and servers reached a saturation point. Microsoft's stock never saw the level it hit in 2000 again. Without lucrative stock options, employees who wanted to make it rich moved to start-ups. The people who had been at the company thirty years were already rich. Many of them retired...
...About seven years after Microsoft's stock hit an all-time high, Google traded at $747, its peak. It now changes hands at $348, and if the company's sales can only grow at 10% or 15%, the stock is not going back above $700, ever. The myth about companies like Microsoft and Google is that what they do is so important to business and consumers and so pervasive that the growth curve never flattens out. It does flatten at every company. No exceptions...
...store in London - which, at 90,000 sq. ft., is one of the biggest fashion retail spaces in the world, is a favorite pit stop for celebs like Chloë Sevigny, Keira Knightley and Kirsten Dunst. In New York City, Green and his team of 17 designers plan to stock the 25,000-sq.-ft. retail space with 200 to 300 new styles every two weeks. That's a superspeedy rotation given the fact that most U.S. fast-fashion companies restock on a six- to 10-week schedule, while European competitors like H&M and Zara average three weeks...