Word: stockings
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...this decision is too difficult for you to make, consider working for Wal-Mart. The world’s quintessential conglomerate has already relieved you of the burden by refusing to stock EC at all. Their decision not to carry Preven was ostensibly a financial one––EC isn’t profitable enough, Wal-Mart supposes––but invites suspicions of a not-so-hidden agenda: to keep EC out of the hands of women, despite their doctors’ wishes...
Reason: British health inspectors had detected bacterial contamination at Chiron's plant in Liverpool, England, and shuttered the facility. Grumpy lines formed at clinics across the U.S., and angry investors pounded the stock, while profits sank. As if that weren't bad enough, Chiron closed another plant in Germany last July for similar reasons. That closing didn't affect the U.S. vaccine supply, but it didn't exactly reassure investors...
...international investors. On Dec. 23, he signed a law that allows foreigners to acquire up to 49% of state-controlled gas and oil company Gazprom. And Rosneft, the Russian firm that acquired the key assets of Yukos, is currently planning a public offering of up to 30% of its stock in 2006, a move that could raise as much as $20 billion. Rosneft is expected to seek a listing on the London Stock Exchange in the process. But critics, including Illarionov, say that Russia's economy is actually underperforming. Given the windfall profits it has been receiving from high...
...didn't already own, and the $22 billion purchase by Italian bank UniCredito of Germany's Bayerische HypoVereinsbank. Other major deals included Pernod Ricard's acquisition of British drinks firm Allied Domecq, and a continuing three-way fight for control of that bastion of shareholder capitalism, the London Stock Exchange. According to Morgan Stanley, the number of deals last year with a volume of $1 billion or more doubled from 2004, while the number of transactions exceeding $5 billion more than tripled, to 408 from 130. Behind this boom is a growing sense among European businesses that they need...
...Illarionov: Thank you for having noticed this. Indeed, this is important. What we witness is a case of corporations that have the status of state-owned, and indeed their stock belong to the state. But the way they operate has quite little in common with the state interests. Quite to the contrary, they do act against the state interests. Take the case of Rosneft (the state-owned oil company). Now, Rosneft is preparing its IPO, which is advertised as a major event for the Russian economy. Rosneft will issue dozens millions worth shares to cover its assets-with...