Word: investers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...reason to cheer. The number of union production workers employed by Firestone at the factory had dwindled from a peak of 850 in early 1980 to 260. Bridgestone intends to keep on all current employees and recall 170 laid-off workers, probably by next week. The company will invest $35 million over the next five years to retool the factory with efficient new equipment and perhaps quadruple the current tire output...
...Bent, who put up nothing, was paid a salary of $11, 000 in 1971 but got no pay at all in 1972. (Those were the hot dog years.) Looking for shareholders for the fund, the pair got in touch with 125 brokerage firms, insurers and other prospects. None would invest. "We were exhausted financially and emotionally," recalls Bent. Salvation arrived on Jan. 7, 1973, in the form of a New York Times article on Reserve. The publicity boosted its assets from $400,000 to $ 1 .9 million in less than a month...
...investor in municipal bonds, it was long thought, also had to own a winter home in Palm Beach and play polo in his spare time. Only the very rich, the reasoning went, would invest their money at low rates in order to receive tax-free interest. However, as inflation has pushed more and more middle-class Americans into higher tax brackets, there has been a growing curiosity about these complex securities. Bond Salesman James Lebenthal has spent ten years trying to raise the public consciousness about municipal bonds, and has gone about the task in an unorthodox way. Instead...
...sale of the Herald saves Boston, the nation's tenth largest metropolitan area, from the dubious distinction of becoming the biggest city with just one major paper. Instead, the staid, august Globe faces the possibility of a no-holds-barred newspaper war. Murdoch has pledged to invest $15 million in the Herald American. Said a senior Herald editor: "This will cost the Globe millions. They will have to fight." Globe Publisher William O. Taylor, whose family has operated the paper for more than a century, canceled a trip to Seattle this week and said, "I will be right here...
...Putnam said "We're lending at the tax exempt rate, but we can invest our own money at the taxable rate...