Word: sunbeams
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...time to step to the plate, Al. As in Casey at the Bat, the runners are on base, the stage is set--and yuda man. So far, as CEO of Sunbeam Corp., you've certainly not let shareholders down. But this ain't Mudville; it's Wall Street, and investors want to be sure you've still got some pop in your bat. Why not show them? Open your wallet and buy another $3 million of Sunbeam stock. Heck, make it $5 million. That's pocket change for a guy who just made $100 million in 20 months and insists...
That may sound like an extraordinary challenge. But Al Dunlap, who landed in the corner office at Sunbeam in July, is nothing if not extraordinary. Just ask him. Why should he step up now? Next week the man known as Chainsaw Al, who became the poster boy of ruthless restructuring, will unveil eagerly awaited details of his turnaround strategy at troubled Sunbeam, which makes toasters, barbecues and other gadgets. The rap on Chainsaw is that he's all cut and no growth, and you can be sure his plans for Sunbeam will include a drastic reduction in facilities, product lines...
...songs, rapper Snoop Doggy Dogg imagines confronting a supernatural being in a near-death experience -- but he doesn't make clear whether it's God or the devil. In an MTV Unplugged appearance, Kurt Cobain of the alternative band Nirvana performs a song called Jesus Wants Me for a Sunbeam. Is he being serious or ironic? His secular cool masks any religious intent...
...HAVE STRUCK SOME AS A LITTLE flaky. Still, Paul Kazarian qualified as a "mad genius" for leading Sunbeam-Oster out of bankruptcy and back to profitability. But then the 37-year-old wunderkind was dismissed as chairman and chief executive of the $1 billion company...
Kazarian, whose investment group acquired financially troubled Sunbeam-Oster (ne Allegheny International) in 1990, was sacked by the company's board after a series of bizarre incidents. According to the Wall Street Journal, he fired a BB gun at empty chairs during a meeting while shouting "Die! Die!," threw a pint of orange juice past his controller's head, stomped on telephones in anger, and made lewd and vulgar comments to women in public. He was also reported to have regularly berated his senior officers, allegedly calling one of them a "scum." Kazarian denied the allegations...