Word: margining
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Chiquita nevertheless cracked the British market through its ownership of a British subsidiary, Fyffes Ltd., which grew bananas in the former British colonies. British consumers paid a relatively high price for those bananas, but Chiquita's margin from this trade was still small compared with the profits from its efficient plantations in Latin America. By 1986, as the European Union began to take shape, Chiquita executives hoped the restrictions would be lifted and its low-cost bananas could take over the market. So Chiquita sold off its Fyffes subsidiary...
Kantor scribbled a note in the margin of the letter, addressed to Jeff N.--Jeffrey Nuechterlein, senior counsel to Kantor--and Jeffrey L.--Jeffrey Lang, one of his top aides: "Please give me a way to proceed. Pressure is going to grow...
...will have no time to savor his victory, because he's got to keep climbing the impossibly steep cliff that stands between him and the nomination. His next jagged ledge on the way up: the Feb. 19 primary in South Carolina, where he trails Bush by a 20-point margin, 52% to 32%, in the latest TIME/CNN poll. That's down from a 47-point gap just two months ago, but Bush and his advisers are so sure they can squash McCain in South Carolina that they're playing it safe in New Hampshire. Where McCain's events...
...best of the best. He knew it wasn't just the times but how we pass through those times that matters. Bob was a Democrat through and through. He believed in his candidates and in his own ability. His personal confidence, transferred to an unsure candidate, often proved the margin of victory...
CRASH COURSE? Have you been borrowing money to buy more stocks? So has everybody else, it seems. Margin debt has increased an alarming 62% over the past year. Is this the canary in the coal mine? Such thoughts are on the mind of Fed Chairman Alan Greenspan, who openly expressed worry about the increase--or at least said he was "thinking" about it, which is enough to worry the rest of us. The propensity for people to buy things that they don't have the money for is one reason the Fed is expected to raise interest rates this week...