Word: investors
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...seventh time since World War II, the Federal Reserve Board last week made it harder for investors to buy stock with borrowed money. It did so by raising the so-called margin requirements from 50% to 70%-meaning that to pick up $1,000 worth of listed stock, an investor will have to put down at least $700. The Fed's seven governors, who often split on other matters, voted unanimously for the "precautionary" boost. But they passed the word around that they plan no further movement of margins for quite a time...
...quietly selling their Schneider shares (about 8% of the total) to a Belgian group led by Baron Edouard Empain, 49, head of Belgium's big Electrorail holding company. The baron, whose family helped exploit the Congo for Belgium and promoted the Paris Metro system, is a grand-scale investor and industrialist with holdings in utilities, chemicals and electrical equipment. Last year he bought 20% of Mexico's Cesar Balsa hotel-and-construction group, whose properties include Manhattan's St. Regis Hotel. Already the baron has bought up 20% of Schneider's stock. But Liliane vows...
Growth-conscious Wall Street also puts dividend payments second in importance to earnings in appraising a company, but this idea is harder to sell to stockholders-particularly the smaller investor who tends to put his money into blue chips. Many corporate managers are still convinced that their little stockholders want and deserve those regular checks. "Shareholders are businessmen too," says President William G. Stewart of Universal-Cyclops Steel Corp., "and they're entitled to a reasonable return on investment-or there won't be any investment." Just about everyone agrees that companies should be sure that they...
Italians spirit their lire over the border to Swiss banks, which then use the money to open foreign accounts in Italian banks and buy Italian shares and securities for their Italian depositors. Since dividends are paid to the anonymous Swiss bank account, the Italian investor can collect his profit without attracting the attention of the hated tax collector...
Front-End Loaders. The SEC did not by any means condemn all mutual funds, but centered its fire on the "contractual" funds, in which the investor signs up to buy regular monthly shares over a period of years. The commission, or "load," on mutual fund sales is typically 8.5%, plus a "custodian's fee" of 1% to 3%. What irked the SEC study group is that commissions commonly run to 50% during the first year of the so-called "front-end load" plans, in which more than 1,000,000 small investors have contracted to make monthly payments...