Word: swiss
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Cambridge police are searching for suspects who stole more than $1,000 worth of merchandise Saturday from the Swiss Watchmakers Store in the Square. Officers found that the front door of the store on 58 Church St. had been smashed in when they were responding to an intrusion alarm just before 5:30 a.m. The store's owner soon arrived, and with police, searched the store. She found a display case smashed open, and dozens of watches stolen. There are no suspects at this time...
...means defining what a company does best and then focusing energy on that activity. For the Smart Car, Mercedes made sure it kept the engine design to itself, while the chassis is that of a Mercedes A-class sedan. The car's styling comes largely from SMH Automotive, the Swiss company that uses modular design to make Longines and Swatch watches (Smart, in fact, stands for Swatch-Mercedes art). SMH owned 19% of MCC until Daimler-Benz bought its stake in MCC before merging with Chrysler in October. "Basically, you could say the Smart's design, engine and chassis platform...
...billions of dollars on the table by never splitting the stock of his company? It sure seems that way. In the past few weeks, dozens of firms from Internet darling eBay to Xerox to Microsoft have announced splits and watched their stocks soar. Last week athletic-shoe company K-Swiss joined the fun by announcing healthy earnings and a 2-for-1 split. Its shares jumped 23%. To the same point, when Cisco Systems on Feb. 2 posted earnings that beat Wall Street estimates but failed to declare an expected stock split, its shares dropped...
Also on tap is the first-year formal, just twoweeks away. The event, also organized by thecouncil, will be held at the Swiss Hotel in Bostonon Saturday, Feb. 20. The black tie affair hastraditionally seen a good turnout...
...Iacocca launched EV Global in late 1996. Now EVG has 10 employees, support from Taiwan's Giant bicycle (which produces the E-Bike) and backing from private Swiss and Italian financiers ("Europe is our next stop," he says). Iacocca has also invested in Energy Conversion Devices, an innovative Detroit batterymaker run by former General Motors chairman Robert Stempel, and in Unique Mobility Inc., which designs some of the world's most advanced electric motors. "We're assembling all the people who want to be part of the electric-vehicle revolution," says Iacocca. "This is how you get it started...