Word: investors
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...STRONG INVESTOR DEMAND caused Wall Street's Lazard Freres to boost initial offering for its new mutual fund from 2,500,000 shares to 8,500,000. Fund will invest about $117 million...
...Profits. The tools devised and marshaled for the jobs were 1) tax exemption, 2) unabashed encouragement toward high profits even when based, as at first, on low wages, 3) patient coddling of the fearful and uninformed investor with every kind of assistance. U.S. Federal income taxes do not apply in Puerto Rico, and any new business not provably running away from U.S. taxes or unions was freed from the island income tax for ten years. Profits could and did run to 60% of sales; Fomento Chief Moscoso says: "We found this not too high a price...
...funds appeal to small investors because they provide great diversity and professional management. But the fund buyer pays commissions of up to 8%. How do the professional managers fare? With the rising market of the last ten years, nearly all the funds show impressive gains. But few outperform the market. The big funds have not increased in value as fast as blue chips. "Sure," says Joseph E. Welch, executive vice president of the $651 million Wellington Fund. "With the benefit of hindsight, an investor might have done better to put his money into some of the blue chips...
Bloomgarden's knack of spotting a good property has built up a roster of backers who will put up cash for anything he picks. Should an investor have more confidence in a producer than in a director or actor? "Definitely," says Bloomgarden. "A director looks at a script and says, 'Boy, what I can do with this!' An actor says, 'How good I'll be in this part.' A producer has more integrity. He has to-he has more people to worry about...
...vote on whether the brokers should boost commissions an average 13%, the second hike in four years. The plan ran into immediate opposition from Merrill Lynch, Pierce, Fenner & Smith, biggest brokerage house. The proposed increase, said Merrill Lynch's Managing Partner Michael McCarthy, discriminates against the small investor, who will pay 30% more on a $500 transaction. He argued that most brokers are getting an adequate return despite higher operating costs, since commission earnings of Wall Street houses after partners' compensation and expenses run an average of 10.1% before taxes. But most Wall Streeters thought the chances were...