Word: trend
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Dates: during 1980-1989
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...Upstart independent firms Like Alliance Capital Management in New York City, Capital Guardian Trust in Los Angeles and LeBaron's Batterymarch Financial Management in Boston have become serious challengers to such pension-fund giants as Prudential Insurance, Equitable Life Assurance Society and Citibank. One example of the trend: General Motors plans to reduce the portion of its $17 billion of pension funds handled by banks. The company says it will hire more nonbank managers to improve its funds' performance...
...There is no doubt," says Morgan Stanley's Landry, "that during the next ten years the complexion of the photo industry will change more sharply and more rapidly than ever before in its history." Several developments are behind this trend. With 95% of all U.S. households now owning at least one camera, the home shutterbug market is all but saturated. Cameras, moreover, face increased competition from home computers, video recorders and other entrants in the race for the so-called leisure dollar. As a result, many experts doubt that U.S. camera sales will ever again reach...
There are examples, though, of a counter-trend. For example, recent pressure for House academic activities has revived the issue of masters' autonomy...
That will be a tough call, but the trend is already established. Says Greg Geller, vice president of RCA Records: "Personal appearance has always been a factor, but since the advent of videos it has become crucial." Says Dan Beck, merchandising director for CBS Associated labels: "One of the reasons Cyndi Lauper was signed was because she'll be a great film performer." An executive at CBS, which distributes Portrait, is even blunter. "Lauper had the vocals as well as the visuals, or she wouldn't have been signed...
...York for the King of Nepal-- In an HSA bus leased by young Leventhal. They'll stop on the way to drop off a small mansion To fill all of North House's needs for expansion. New honors for Kleckner, Sulelman and Eck; Let's hope a new trend is just starting its trek. Warm seasonal greetings to artist Frank Stella And, closer to home, friends Senese and Janello...