Word: tenfold
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Weill knew he had really arrived last March when the stock of Travelers, which has risen in value some tenfold over the past decade, became part of the blue-chip 30-stock Dow Jones industrial average. Yet he figured he still lacked global reach. "The real growth opportunities in the financial business are going to come from the privatization of government-owned companies around the world and in emerging markets," Weill says. "Salomon gives us the platform to participate in that...
...Environmental Working Group is the town of Williamsburg, Ohio, where 10 weedkillers and other chemicals were found in a single glass. Overall, the study found that over the past year the drinking water of 4.3 million Americans in nine states contained pesticide concentrations exceeding new federal standards, sometimes tenfold. Maybe smoggy New York City's not so bad after all. At least the water's supposedly safe...
...they move in near perfect tandem with popular indexes such as the Dow Jones industrial average or the Standard & Poor's 500. And for three years running, returns on the index funds have trounced that of the average stock fund. No wonder assets in stock-index funds have increased tenfold in five years...
...rational reason behind this mess. Levi's probably needs to cut these jobs in order to stay afloat in a hostile market. Guess again: Levi's earned record profits in 1996. In 1995, it reaped over $734 million in net income. And the value of the company has grown tenfold over the past 12 years. There may be instances when layoffs are necessary, but is this really one of them...
...West, have emerged to seize 25% of the national market. American Medical Response has devoured 75 competitors Pac-Man style in four years, and now operates 1,760 ambulances in 28 states. MedTrans, which last year swallowed another giant, CareLine Inc., is just as large and has grown tenfold, into a $500 million operation with 12,000 employees. In fiscal 1995-96, MedTrans, a division of Canada's Laidlaw Inc., an environmental and transportation company, posted a 180% jump in profits, to $55 million. Not far behind the two is Arizona's Rural/Metro Corp., which increased revenues...