Word: sells
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...roller-coaster funds. In addition to sending shivers up the spines of employees who count on that income, the problem also threatens to haunt the bottom line at many major firms. Williams says some may be forced to consider mergers to accumulate bigger asset bases or may have to sell off strategic assets...
...Clark, meanwhile, is struggling to seduce voters with lofty talk on combating climate change. The notion that the planet is on the brink of catastrophe from this amorphous force is a hard sell in New Zealand, where water is abundant and lush pastoral land rolls on forever. Clark wants New Zealand, which produces 0.4% of the world's carbon emissions, to set the pace on emissions cuts, just as it was the first country to grant women the vote (1893) and the first Western-allied nation to legislate itself into nuclear-free status (1987). "New Zealand...
...biggest problem with Victoria’s Secret Pink Collegiate Collection, though, is the exploitation of the Harvard name. True, zealous visitors and overachieving seventh graders can buy a Harvard sweatshirt at the Coop and in T stations all over Boston, but there is something degrading about Harvard selling its name to a lingerie company. All we need now is for Starbucks to sell an exotic blend of coffee ground from beans that were grown deep within the Harvard Forest. If little hearts and dogs in every shade of pink don’t undermine the sanctity of the Harvard...
...charge of investing the University’s $36.9 billion endowment—may be trying to unload a large portion of its riskiest assets, according to a recent article in the trade publication Private Equity Week. The article reported that HMC has hired Cogent Investment Bank to sell approximately $1 billion of its private equity portfolio on the secondary market. As of June 30, HMC’s planned allocation to private equity for 2009 was up to 13 percent of the University’s endowment, or just under $4.8 billion, meaning that the proposed sale would comprise...
...story goes, the opening bell was never heard on Black Tuesday because the shouts of "Sell! Sell! Sell!" drowned it out. In the first thirty minutes, 3 million shares changed hands and with them, another $2 million disappeared into thin air. Phone lines clogged. The volume of Western Union telegrams traveling across the country tripled. The ticker tape ran so far behind the actual transactions that some traders simply let it run out. Trades happened so quickly that although people knew they were losing money, they didn't know how much. Rumors of investors jumping out of buildings spread through...