Word: buying
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Dates: during 1960-1969
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...months ago at $20 a share, demand for it was so great that brokers rationed it to 50 shares or less per customer and only the favored few got their piece of space. But professional Wall Streeters generally stood aloof, willing to sell it but not so willing to buy. Comsat might become the bluest of space-age blue chips, they said, but that was many profitless years away...
Flabbergasted Street. Opening on Monday at 55½, Comsat danced all over the tape as the week's most active stock, then closed on Friday at 64⅝. The flood of buy orders twice forced the Stock Exchange to delay Comsat's opening, and trading once had to be suspended for two hours. The Federal Communications Commission ordered an "informal" inquiry to make sure that in the speculative rush foreign ownership had not exceeded its 20% legal limit. The stock hit a record high of 66¼ after Comsat announced plans to start the first commercial service between...
...wheel traction and more weight at the front will make the car more stable on windy days and on icy roads. Perhaps even more important to Oldsmobile, the novelty of its new car should draw many additional prospects into Oldsmobile showrooms, where they may gape at the Holiday but buy a conventional model...
...demanded that Le Plan be rewritten to deal more directly with the "colonization" of France through U.S. investments, which they believe to be the nation's No. 1 economic problem. The Deputies also voted to revise the tax laws to encourage mergers and to require foreign investors to buy stock in French companies only through French bourses, thus preventing another surprise takeover a la Chrysler-Simca...
...companies in Soviet trade publications. Purpose: to step up trade with the U.S. by stepping up trade promotion. Although the U.S. has exported some $30 million worth of goods (excluding wheat) to the U.S.S.R. so far this year, it remains to be seen whether many U.S. companies want to buy ads there, and whether such ads would produce much business...