Word: ticker
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...newest recruit at the Securities and Exchange Commission is not a Harvard Business School graduate but a computer named EDGAR (for electronic-data gathering, analysis and retrieval). The device promises to become the most useful investment aid since the stock market ticker made its debut in 1867. When fully operational in 1986, EDGAR will allow investors using personal computers and a telephone to get instant access to the 5 million pages of corporate financial information filed annually with the SEC. By interrogating EDGAR, investors will be able to identify companies with poor earnings performance or pinpoint firms whose stock...
Some 200 athletes did march like conquering legions before the public, which turned out 2 million strong for the traditional buzzard of ticker tape in New York City's "confetti canyon," the milelong hero's avenue to City Hall from the Battery where fireboats squirted red, white and blue sprays. "We really fought for America," said Pistol Shooter Ruby Fox, and Brooklyn Boxer Mark Breland added, "My town has really turned out the troops." These days, ticker tape is scarce in Lower Manhattan, though a bit of the stuff was donated by Wall Street and some was imported...
...long, exuberant shouts and whistles exploded on the floor of the New York Stock Exchange. Tossed paper filled the air, and traders battled their way through small mobs to reach their posts. At midday the ticker slipped 13 minutes behind trading. In mid-afternoon brokers paused briefly to give a cheer when another record for market volume was broken. At one mad moment a message flashed across the exchange's electronic bulletin board that a planned fire drill was canceled because of the heavy trading. Roars of laughter mixed with the buy and sell orders...
...surgeons were truly impersonal (or, one might say, truly neutral) they would not heed the calls of distress from suffering humanity when they themselves were otherwise engaged in watching the ticker, or playing bridge, or writing thoughtful treatises on the insanity of their fellow men. They would not go to the considerable trouble and risk of using their knives to remove the malignant growths in the body of civilization. They would always find comfortable refuge behind the question, "Am I my brother's keeper...
Despite the rapid Thursday afternoon recovery, the low point of the swinging pendulum cut off many a speculative head. Roaring was the business done by downtown speakeasies. Wild were the rumors of ruin and suicide. In Manhattan, one Abraham Germansky, realtor, was last seen tearing ticker tape. In Seattle, one Arthur Bathstein, finance company secretary, shot himself. Estimates of the number of margineers closed out varies from 20% to 70%. During the first three hours of Thursday stock valuations shrank about $11,250,000,000, recovered all but $3,000,000,000 before trading closed. Brokers met at Hornblower & Weeks...