Word: stocking
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Dates: during 2000-2000
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...this day, though, Donaldson, a founder of the investment firm Donaldson, Lufkin & Jenrette and a former chairman of the New York Stock Exchange, was out to present Aetna's new bedside manner. "In response to a real market need, we heartily embraced managed care," he told the crowd. "But there was a price, in terms of too many restrictions and too much process that have grown increasingly unpopular. There are those who say the pendulum has swung too far. I agree...
...Dutch firm ING Group for as much as $9 billion, Aetna was being sued for taking its sweet time paying bills to a number of New York hospitals. (Aetna says it is hopeful they can resolve the issue through negotiations.) There are also restless shareholders, who watched the stock fall nearly 60% in the past year before it recovered recently on the prospect of a good premium for its financial-services and international arms. (Aetna closed last week...
...expert in university fundraising said such success was not simply a result of the surging stock market. He noted total giving does not surge or plummet based on the ups and downs of the market...
...rising stock prices have caused many more gifts to be given by donors in appreciated stock. Last year 40 percent of gifts were paid in stock versus 23 percent 10 years...
...Undoubtedly it [stock market appreciation] helped the campaign," said Development Office spokesperson Andrew K. Tiedemann...