Word: kidder
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Coleman, who has worked as a missionary in Africa, as a member of the New Jersey state government and as a finance banker for Kidder, Peabody & Co., served as the head of major league baseball's marketing staff for the last two years...
...little more than a splash in a puddle. Amgen edges up to 39 in most marketmakers' quotes! If it climbs higher, I'm really in trouble. "Cut your loss! Cut your loss!" shouts Houtkin, so I ask the clerk to buy any shares remaining at 38 7/8, which Kidder, Peabody provides. My loss: $1.25 -- or $125 had I been a regular customer. Easy come, easy go. But it sure beats blackjack...
...some time how the manufacturer has managed to sustain its miraculous climb. Then a Wall Street analyst claimed he had the answer: the PC maker's ascent had less to do with miracles than with some sleight-of-hand accounting. In a blistering report to investors, David Korus of Kidder, Peabody charged that Dell accounted improperly for foreign- currency trades and suggested that currency speculation may have been used to inflate the company's profits. The report touched off a wave of nervous selling in Dell stock. It also touched a nerve at Dell. The company issued a scathing denial...
Pinkerton's has found it easier to grow by voraciously gobbling up smaller security firms -- 14 in 1991 alone. But along the way, the company has also lost some big contracts. Wall Street's Kidder, Peabody dropped the firm because "when Pinkerton's was bought out by CPP, the service started falling apart," says John Poppe, Kidder's director of security. "There was constant turnover of guards." In January, Smith Barney gave Pinkerton's the pink slip as well. "Big security companies become apathetic," complains an executive at the brokerage. "We've had guards who were unable to write, unable...
Like Irvine, Bozell wants journalists to come clean about their true political orientation. "If TIME magazine wants to present a left-wing agenda, it has a responsibility to admit that," he states. "Objectivity is a myth." When asked how much influence liberal crusaders such as Margot Kidder and Susan Sarandon could possibly exert on the shaping of political debate in America, Bozell replies, "The entertainment medium is the strongest resource of the left today." This is not necessarily heartening news for the left...