Word: buying
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...first thing David A. ("Sonny") Werblin did when he bailed out the bankrupt New York franchise in 1963 was to hire Wilbur ("Weeb") Ewbank as his coach and buy time on the radio to ask: "What kind of a name is Weeb...
...Treasury's "more attractive product line" will be announced in November, and the notes will be issued next year. It is expected that the certificates will augment, not substitute for, the savings-bond system; for example, said Fowler, persons enrolled in payroll savings plans may be allowed to buy one new certificate for every $25 Series E bond purchased. The Government also will launch a promotional campaign "reminiscent to some extent of a wartime drive." Hopes are that the new certificate not only will provide Government financing, but will take many millions in consumer spending money out of circulation...
Bullish or Bearish? When Wall Street is caught with its shorts up, it is evident that bears have been at work. On the other side, a large short interest technically promises an eventual upward pressure on the market when the short buy to cover. In an exercise called "squeezing the shorts," artful traders sometimes purchase big blocks of stock that have heavy short positions; the idea is to push the short sellers into buying to cover and driving up the price...
However, an increasing number of short sellers do not have to buy to cover because they already own the shares. About one-third of all short selling is merely "selling against the box," a device to delay tax payments. Instead of cashing in the stock that they wish to dispose of, sophisticated traders often go short in it and cover by delivering their own stock on Ian. 2, thereby putting Off tax payments on their profits for twelve months. "Selling against the box" usually causes the short interest to rise late in the year and fall in January. Short interest...
...Grace, the advantages of the buy were obvious. Since he took over the presidency of the family firm in 1945, the company, while remaining heavily invested in Latin America, has moved steadily toward diversification in both geography and products. For the sake of what Grace calls "motherhome knowledge," the company has rapidly expanded and diversified within the U.S. Financing expansion, Grace borrowed $100 million at 51% from a group of insurance companies, issued $84 million in convertible debentures at 41% , sold another $35 million in debentures in Europe. He was foresighted enough -or lucky enough-to raise this bundle...