Word: hutton
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Shearson Lehman Hutton...
...Steven Faigen, a vice president of public relations at Shearson Lehman Hutton, said the market's movements would have an important effect on the economy...
...Among his targets have been Golden Nugget, Pillsbury and Federated Department Stores. But because he has made an outright offer this time, analysts tend to think this is no bluff. "If the bid weren't serious, it wouldn't be $120 a share," says Helane Becker of Shearson Lehman Hutton...
...continuing research are factored in, "the average operating profit from all the sales of Burroughs Wellcome is 20%. Though they have a 30% operating profit margin on AZT, it's still within the bounds of the pharmaceutical industry," says Jo Walton, who follows the industry for Shearson Lehman Hutton in London...
...Board can deliver a 'soft landing' of subdued inflation by year-end, without a recession," says Byron Wien, chief domestic strategist for the investment firm Morgan Stanley, who since May has been predicting a new all-time high on the Dow. Elaine Garzarelli, a portfolio manager at Shearson Lehman Hutton, who was one of the few forecasters to warn of the crash in 1987, believes the Dow will top 3000 before the end of the year...