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Business Headlines for Thursday, September 23, 1999
Bonds? Roll the dice
Monopoly and Risk, look out. Scenarios is on the scene. But instead of teaching capitalism or strategy, the lesson here is comparative risk of government bonds given fluctuations in interest rates. MBAs pass on big companies for tech start-ups
Robert Smith began fielding job offers from Fortune 500 companies long before the ink had dried on his MBA degree from Miami University. Cover Girl aims to stay fresh
Procter & Gamble is giving its Cover Girl cosmetics line a makeover with new products, a leaner inventory and a face lift for its store displays. AK Steel's falling shares affect deal
AK Steel's slumping stock price has forced the Middletown steel maker to increase the number of shares it will use to buy its one-time parent Armco Inc. Ashland raises its ante
Ashland Inc. has agreed to sweeten its cash tender offer for Superfos Inc. by about 6.5 percent to 160 Danish kroner a share, provided that the board of the Copenhagen-based industrial company recommends the offer to shareholders. Gibson buys into producer of Internet entertainment
Gibson Greetings Inc. has bought a minority stake in an Internet entertainment producer as it looks for more ways to expand its online presence and electronic greeting card selection. INDUSTRY NOTES: REAL ESTATE
It's an old rule of selling homes that a new front door will do wonders for a house, helping it look better from the street. TRISTATE MARKET SPOTLIGHT
Sinclair Broadcast Group Inc. fell $4.183/4, or 28.5 percent, to $10.50 and traded as low as $9.75 Wednesday. TRISTATE SUMMARY
The economy is growing strongly as manufacturers continue to rebound and consumer spending fuels brisk retail sales, the Federal Reserve said Wednesday in a new survey of business conditions throughout the nation. TECHNOLOGY TODAY WEDNESDAY'S BUSINESS STORIES