Word: offsets
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...CORP. is buying heavily into RKO Pictures Corp., while other stockholders are selling their shares on Howard Hughes's offer of $6. Since RKO sold its moviemaking properties to Hughes, it now has only cash and a corporate name. Odium would like to get the corporate shell, perhaps offset its $20 million in losses against future earnings in new ventures. Atlas, which has more than 17% of the stock, would like to get Hughes's 32% interest...
...days later, Dulles issued his call for "united action." What he actually envisioned was a show of united determination to give the West bargaining strength at Geneva to offset Dienbienphu. By the time the news got out from London and Paris (through Foreign Office and Quai D Orsay leaks), Dulles' plan and his later warning that Chinese intervention was coming "awfully close" to direct intervention had become something else. In the British and French press, the plan, coupled with the memory of threats of "massive retaliation," grew to an "ultimatum." The British began to see visions of H-bombs...
...joint report (to eliminate previous conflicting reports) announced that the number of jobless dropped from 3,725,000 in early March to 3,465,000 in early April. The upturn so far was no more than seasonal, and manufacturing employment continued to decline. But it was more than offset by more outdoor jobs...
...their first three races, the Crimson lightweights relied upon big men, whose power was counted upon to offset any deficiencies in their rowing techniques. As a consequence, they have had to come from behind in every race. The first time out, against Tech, their late spurt succeeded; but they have had two successive defeats as a result of too high an early stroke and too late a spurt...
...Oskar Kokoshka. He applied their color-by-the-gob technique to molten-seeming canvases of rabbis, chandeliers, brides, Christmas trees, buried treasure and, finally, corpses. At 40, Bloom exercises a control of his medium as elaborate, and theatrical, as Caravaggio's. His steady gain in dexterity is offset by a restriction of range: for a full decade now, Bloom has concentrated on dead flesh, often disemboweled and usually human...