Word: buying
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Dates: during 1960-1969
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Richard Cardinal Cushing has given $5000 to the Divinity School to buy a collection of books on Roman Catholicism...
...withholding important news of the company while buying up its stock, the SEC charged in a civil law suit filed in a New York federal district court, the Texas Gulf insiders had violated the antifraud section of the Securities Exchange Act, which declares it unlawful to buy or sell securities while concealing any pertinent facts. In a departure from precedent, the SEC not only sued to have the practice stopped-its usual aim in noncriminal suits of this sort-but, for the first time, to have the stock purchases canceled and any profits returned to the previous owners...
...time that the discovery was made public, four months after the excitement of the first core, twelve of the 13 defendants had bought 9,100 shares of Texas Gulf stock, bought options on an additional 5,200 shares, or received company stock options to buy another 31,200 shares. In that time, the price of the stock had climbed from 17 to 34; it stood at 71 when the SEC filed its lawsuit last week...
...insiders had also let in a few outsiders. Geologist Darke told a number of his friends, and at least eleven outsiders bought 12,100 shares and 14,100 options. These included Assistant Secretary of Commerce Herbert Klotz, 48, who bought 2,000 call options to buy Texas Gulf stock on a tip from a fellow employee, who was a friend of Darke's. Though Klotz was accused of no illegal conduct-"I got a stock tip pure and simple like you'd hear in a barbershop"-he submitted his resignation last week "to draw the fire away from...
...circus was playing in Manhattan last week, some of the nerviest sideshows took place in the halls and armories where the nation's big corporations held their annual meetings. The plague of annual meetings in recent years has been the silly antics of exhibitionistic stockholders, mostly women, who buy a few shares in a company and use them as licenses to disrupt the meetings. They have made it so difficult for officers to get on to company business, and have so exasperated the mass of stockholders, that serious suggestions have been made that a way be found to curb...