Word: philip
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...Could tobacco really become the next asbestos? "It's certainly not an area where an investor can jump in," says Alan Ackerman, a market strategist at Fahnestock & Co. While stock prices of the big tobacco firms used to rebound quickly after bad news, August has been the long goodbye. Philip Morris plunged from $104.66 a share to $88, and RJR Nabisco from $30.75 to $25.50. Loews Corp., parent of Lorillard Tobacco, slipped from $80.66 to $74.75. "This has all the makings of a tobacco Chernobyl," says Ackerman. Not if you ask the accountants. Overall, profits and sales in the industry...
Each delegate gets his or her own "goody bag," assembled by the host committee. The bags include a number of special convention-edition products, ranging from macaroni and cheese with elephant- and star-shaped macaroni from Philip Morris to Hefty storage bags from Tenneco to a "roll back the beer tax" mug from Anheuser-Busch. Also included are raisins by Dole Food, baseball caps from Warner Bros. and MSNBC, and a copy of the new book by G.O.P. chairman Haley Barbour--and all in a red-white-and-blue tote...
...about 3 p.m. ET Friday. Police rushed the plane and took Ibrahim into custody. Francisco Garcia, a Spanish government spokesman, reported that Ibrahim ended up on the flight a few days after he escaped from a refugee camp in Southern Lebanon. As for the motivation, FBI spokesman Paul Philip said Ibrahim "simply did not want to go to Havana. He wanted to go to the U.S." He got his wish: even though none of the 232 people aboard the plane was hurt, Ibrahim will be charged with air piracy and will probably serve a minimum of 20 years in jail...
When it was announced that Disney planned a singing, dancing Hunchback of Notre Dame [CINEMA, June 24], it seemed like an absurd idea. Having seen the movie, I can only assume the next project will be something along the lines of Anne Frank, the Musical. PHILIP J. SCHACCA West Hempstead, New York
...were sharp colors and tantalizing smells. I lament the loss of the shopkeepers who manned the stalls of the bazaars and the women shrouded in mystery who frequented them. I mourn for the children, now maimed or dead, who will never see the wonders of this once vibrant city. PHILIP E. SMITH Lancaster, Pennsylvania