Word: public
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Public ownership has been studied and restudied ever since Merrill Lynch suggested the idea in 1963. The issue was brought to a boil in May, when Donaldson, Lufkin & Jenrette, an aggressive company that specializes in institutional business, needed new sources of capital to finance expansion, and announced that it was willing to quit the exchange in order to go public. Since then, Chairman Daniel J. Cullen of Walston & Co. has said that his firm will go public if the exchange approves. Members of regional exchanges have also started pressing for permission to sell stock...
...many problems involved in public ownership and volume discounts, the Wall Street Establishment can no longer afford the luxury of putting off its decision. The SEC and the Justice Department have made clear that they are ready to step in, if necessary, to open up the club and reduce the commissions on big trades...
Yardage from Football. In addition to being a defensive end for the Boston Patriots, Melvin Witt, 23, works as a salaried consultant to Boston's Office of Human Rights and heads a small advertising and public relations firm. Erich Barnes, a Cleveland Browns defensive back, readily admits that his Barnes Enterprises, Inc., a public relations firm, has gained considerable yardage from his football background. "You can get in the door if they've heard of you," Barnes says, "and that is half the battle." Once inside, Barnes tells white businessmen that "if they want the black...
...Browns teammates, has offices in six cities to help blacks find jobs, business advice and capital. Brown, who worked off-season promoting Pepsi-Cola before he went to Hollywood, thinks that the next goal will be to encourage black businessmen to sell common stock and build large public corporations. "The black businessman does not want to give up 10% of his stock," Brown says. "He does not quite understand what it means to have control rather than the whole pie. Going big is an experience most black people never had." When black capitalism joins the big leagues, black athletes...
...paid for entirely from profits. Aldo Gucci, one of the directors, says: "We do not believe in flirting with banks." But the company is beginning to outgrow its own financing. Last week Aldo Gucci revealed that it plans soon to sell some shares of its U.S. operation to the public...