Word: bigs
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...part, CBS just rolls along, hoping to capture ratings with a resident brigade of television stars. Taking the Smotherses' CBS place this fall will be Singer Leslie Uggams in a musical variety series. NBC and ABC also have big names to offer. On NBC, Bill Cosby will play a schoolteacher and Debbie Reynolds a sportswriter's wife. ABC will go with a musical variety series called Jimmy Durante Presents the Lennon Sisters Hour, strange as it seems, the sneak-preview of that show received high ratings last spring...
...students" were junior-college teachers from big cities across the U.S. The instructors were tough street youths - blacks, Chinese and Mexican Americans - ranging in age from 14 to 25. The course, a one-month summer institute that has just been completed at City College of San Francisco, was unique. It was designed to send teach ers back to campus in the fall with a better understanding of the ghetto-bred stu dents in their classes...
...trading on the New York Stock Exchange agreed to join forces as "a matter of economic necessity." De Coppet & Doremus and Carlisle & Jacquelin said that their decision was forced by in creasing costs plus dwindling odd-lot trading, which now amounts to less than 10.7% of the Big Board's volume. Other merger plans have undoubtedly been hastened by the tendency of small investors in a declining market to with draw from direct trading and turn their business over to mutual funds and other professional investment management services (see following story). A great deal of Wall Street...
...their capital from the outside. Though Nuveen plans to continue its brokerage activity through the Midwest Exchange, which has more lenient rules, the firm has laid off some 10% of its 450 employees. Meanwhile, McDonnell & Co., beset by financial and operating problems, recently sold one of its three Big Board seats (for $375,000) and laid off 70 employees, including about half of its research staff. To increase its capital to the level required by the New York Stock Exchange, the firm also borrowed $600,000 from another brokerage house, Scheinman, Hochstin & Trotta, and arranged for up to $10 million...
Paper Snarl. Brokers' profits have also been reduced by the high cost of battling Wall Street's paperwork foulup, which for nearly two years has snarled delivery of shares from broker to broker and from broker to customer. The number of employees involved in securities processing for Big Board firms rose 36% last year, and average clerical salaries climbed 12%. In a belated rush, brokerage houses are investing more than $100 million a year in automated equipment...