Word: kayser
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...companies," Deutsche Börse CEO Werner Seifert told TIME. Of course, that's assuming Seifert's bid prevails. He has been playing a hurry-up game, but Furse wants to slow down - and encourage a bidding war that drives up the price. "I'm expecting one," says Olaf Kayser, an analyst at Landesbank Rheinland-Pfalz. "The loser will fall behind and be in a difficult position." Deutsche Börse has offered $9.91 for each L.S.E. share, but that bid was spurned by the L.S.E. Analysts think the eventual price will be at least $11.20, which would drive...
...Suggs 9-17 5-8 23; Charlene Shuessler 3-14 1-2 7; Jennifer Beubis 2-8 2-2 6; Kathleen Johnson 2-7 0-2 4; Lisa Rutkoske 2-5 3-4 7; Margaret Munnelly 1-4 0-0 2; Kerry Lunz 0-1 0-0 2; Carrie Kayser 0-2 0-0 2; Karin Kolstad 0-0 1-4 1; Dara Hudson 0-1 0-0 0; Valerie Purdie...
Pointless mixing of dissimilar firms now seems finished at Gulf & Western. Says Shearson/American Express Analyst Scott Merlis: "Few of their businesses were related to their other businesses." Instead, the company now seems determined to focus sharply on a few areas: consumer products (apparel, Kayser-Roth; home furnishings, Simmons), entertainment (Paramount) and financial services (Associates Corp...
...first major strike since 1921; 110,000 union members walked off their jobs making tailored men's and boys' suits, topcoats and overcoats at more than 700 plants in 30 states. They include facilities of such well-known companies as Hart Schaffner & Marx, Phillips-Van Heusen and Kayser-Roth. Many strikers were so unprepared for the transformation of their union from mouse to lion that some locals felt compelled to conduct informal crash courses to brief them on strike duties, and full-dress picketing was delayed for a day at some plants because union leaders had forgotten...
...shirt-making Phillips-Van Heusen: "Unfortunately, all other efforts to halt inflation have failed. Unless some action is taken immediately, a monetary and social situation rivaling that of Depression days is inevitable." President Michael Daroff of Botany Industries, Richard Schwartz of Jonathan Logan, Inc., and Alfred Slaner of Kayser-Roth gloomily agreed with Phillips that consumers are showing growing resistance to clothing price increases; Daroff added that "the only way to hold our prices is to hold labor costs...