Word: kidder
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...devised by Wunsch, a former Kidder Peabody vice president, and two computer experts formerly with Cray Research, the electronic auction represents the most serious challenge yet to traditional Wall Street trading. Other computerized markets, like Reuters' Crossing Network and Jefferies & Co.'s Posit, also execute trades independent of the major exchanges. But trading at the exchanges determines share prices...
...suspicious of real estate industry hope and hype, listen to Barbara Allen, housing-industry analyst for Kidder, Peabody: "It's more than a little upturn. It's quite powerful, and it is across the country. In Chicago orders in the resale market for the first two months of the year were up smartly. In St. Louis the place is absolutely booming." Realtors who were doing the crosswords a month ago now have waiting rooms full of eager clients...
Barbara Allen of Kidder, Peabody estimates U.S. demand for new housing at 1.3 million to 1.4 million units a year for the next 10 years, including replacement housing. Yet little is being invested in land development, and as Allen points out, "You can't build a house unless you have a lot that has all the roads, permits and governmental O.K.s. It takes a long time...
...intent was to respond to questions from cities and towns on what the potential effects of Question 3 were to be," Kidder said...
...Kidder said the report relied on a series of assumptions, including that the Legislature would implement the CLT petition through across the board cuts...