Word: turnaround
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Dates: during 1990-1999
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...Boeing headed into a more or less permanent tailspin? The stock market has long seemed to be saying so, as it cut the value of Boeing shares 26% over the past year. But the company claims to be in a turnaround. Top executives say Boeing delivered 61 commercial jets last month, a record for June, and has finally broken through bottlenecks that delayed production of its so-called Next-Generation 737s, the fastest-selling new jets in aviation history. That news caused Boeing stock to climb $3.875 a share, to $48.437, last week, still well off its 12-month high...
...Dunlap, 60, recent events at Sunbeam are a true Armageddon. He remains undeniably rich. But he has lost more than $200 million on paper with his stock and stock options since Sunbeam shares began to slide last March, and his once vaunted reputation as a turnaround phenomenon is in tatters. That reputation is what landed him lucrative assignments, including previous stints as CEO at Scott Paper and Crown-Zellerbach, plus a high profile that he reveled in. It also put his book, Mean Business, on the best-seller list in 1996. That tome became a bible for those who followed...
...falls to another turnaround pro, Jerry Levin, 54, to pick up the pieces, and few expect fast answers. "The business is in lousy shape," says Andrew Shore, an analyst at Paine Webber. Shore, a Dunlap critic who recently baited Chainsaw Al by publicly asking him to work for $1 a year until the stock recovered, pegs any turnaround at two years...
...tale with a whiff of sour grapes -- British Airways had flown Louise in first class, with a Massachusetts state trooper beside her to keep reporters like the Mirror's at bay. Yet for a paper that once declared the au pair "free at last!" it was a stunning turnaround -- and a sign of growing disquiet over baby Matthew Eappen's death...
...four titles in a row is notout of the question. Miller fortified herself asthe heir-apparent to Feaster as the Crimson'son-the-court leader. Russell and fellow juniorRose Janowski made tremendous strides as strongpost players, and they were joined by sophomoreLaela Sturdy who appears ready to showcase hergorgeous turnaround jumper regularly...