Word: trading
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Dates: during 1990-1999
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Moved PermanentlyMoved PermanentlyFortune Investor DataIt's a serious catch-up bid. America's largest stock brokerage is matching leader Charles Schwab's $29.95-per-trade rate (that's sans advice), and offering another plan of their own: $1,500 a year for unlimited trades and unlimited advice. Merrill's bigwigs are touting that plan as the best way to go, pointing out that you'll get more unbiased advice from a broker who doesn't work on a per-trade commission (and like most flat-fee programs, it's on average a good moneymaker for Merrill...
Steve Bryen is the Yoda of the arms trade. Formerly the Defense Department's export czar, he knows every sinkhole in the regulatory swamp. Ignore him at your peril--as executives of Space Systems/Loral found out. A 700-page report to be issued this week by a select House committee chaired by Republican Representative CHRISTOPHER COX of California tells how, on April 11, 1996, Bryen warned Loral President Robert Berry not to give China any technical help without first getting State Department permission. Berry had just announced the assignment of top company engineer Wah Lim to head a panel...
INDICTED. ALI MOHAMED, 46, former Army sergeant; on federal charges that he helped train terrorists implicated in the World Trade Center bombing and those suspected of last summer's U.S. embassy bombing in Kenya; in New York City. Mohamed is an Egyptian native whose three-year U.S. Army stint ended...
This building boom is happening just when consumer demand for theme parks is softening. Attendance at the three older Disney parks dropped about 10% last year, according to Amusement Business, a trade magazine. The number of visitors at Universal Studios Florida and Sea World was flat in 1998, at 8.9 million and 4.9 million, respectively. The economic slump overseas slashed tourism to Orlando. But experts wonder whether the whole theme-park business is maturing, as the children of U.S. baby boomers get older and hence reduce the number of repeat trips. "I just don't think it makes...
With the stroke of countless pens on thousands of prescription pads, the American coming-of-age experience--the stuff of endless novels, movies and pop songs--could gradually be rendered unrecognizable. Goodbye Salinger, Elvis and Bob Dylan; hello psychopharmacology. "The kids in my school traded Zoloft and Prozac pills the way kids used to trade baseball cards," says Stephen Morris, an Episcopal priest and former chaplain at a Texas parochial school. Of course, this school experience doesn't prove that schoolyards everywhere have turned into bustling prescription-drug bazaars. But Morris, who headed a schoolwide committee called Addressing Behaviors...