Word: investors
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...fact, bankers familiar with SAMA'S investments state flatly that the agency has little if anything to hide; the world's richest investor is also its most conservative. While other OPEC nations like Kuwait have a fondness for foreign land deals and high-stakes stock market plays, SAMA restricts itself to buying less than 5% of a company's stock. Explains a London banker who deals closely with SAMA: "The Saudis have an absolute terror of American politicians standing on the floor of the Senate and accusing them of buying up America...
Much of his foreign investment activity is being handled through one of Anglo American's affiliate companies, the Bermuda-based Mineral and Resources Corp. (assets: $2.4 billion), which is already a leading foreign investor in the U.S. through its 27% ownership of the giant Engelhard Minerals & Chemicals Corp. in New York. Last month Mineral and Resources Corp. expanded further in the U.S. with the takeover of Sovereign Coal Corp. in Bluefield, W. Va., Harman Mining in Harman, Va., and Terra Chemicals International, Sioux City, Iowa. If that sort of investment continues, Americans may come to know Harry Oppenheimer...
Beginning in 1976, HMC entered a high-risk investment area--venture capitalism, so-called because the investor puts up capital to help found extremely speculative business ventures. Because of the risk, the potential rewards are great. Harvard originally invested $20 million, or 1 per cent of the endowment, in venture capital. Some of the companies invested in by the venture capital pool in which Harvard is participating are just beginning to go public, often at five to ten times the original cost. "We were early in the venture capital game, and those investments are going to be very fruitful...
...Price Waterhouse showed that the tax rate on savings in the U.S. is the second highest among leading industrial nations, after Sweden. In the middle-income brackets, the U.S. rate is often about twice that paid on investment income in Britain or Japan. In West Germany and France, an investor usually pays no taxes at all on interest and can even receive a small tax credit that may be used against his regular income...
Cambridge city manager James L. Sullivan said last night that the main impact of the report--which warned investors away from Boston, Lynn, Lowell and several other Bay State cities and towns--will be "in terms of investor confidence in the community...