Word: options
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Last week, despite its excellent war record, the New City mouse house had no takers (although present operators hold an option to buy). There were reasons: 1) the building has certain mouse-imposed quirks of design; 2) mouse odor is much harder to overcome than a mouse shortage...
...loans, Mr. Baird said bravely, were "private and personal investments entered into for profit because [they] carried for the lenders an option to purchase stock in the network. . . . The gains could have been substantial." Baird and Bilofsky were luckier than Groceryman Hartford, who lent Elliott $200,000, got back...
...deal was a five-year lease on 77% of the new plant (rental $649,806 a year), with an option on the other 23% if peacetime production should warrant it. It grooved nicely into Budd postwar plans. Budd's munition-making (8-inch shells, aerial fragmentation bombs) would go on until war contracts were filled...
...vote. Even if the plan passes, Federated's bigwigs may find the task of slipping through the capital-gains loophole comparable to passing through the needle's eye. Once, the loophole yawned wide. But five months ago, the U.S. Supreme Court ruled that profits on stock options, where the stock was bought at less than market prices, are subject to income, not capital gains, taxes in the year the option is exercised and the stock is bought. Since then, the U.S. Treasury has suspiciously microscoped option plans that might be tax-dodging schemes. In the light...
...many an expert flatfooted. For example, when Pan American Airways Corp. planned new stock issues last December, it thought it safer and cheaper to make a deal with Floyd Odium's Atlas Corp. to buy any unsold stock, up to $25,000.000. For its financing, Atlas received an option on 500,000 shares of Pan Am at $18 (TIME, Dec. 18). Last week, Pan Am canceled the deal. Reason: Pan Am's stock was up to 28, higher than even Pan Am's smart Juan Trippe had expected. Atlas will buy 100,000 shares at $16, under...