Word: sales
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Dates: during 1980-1989
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...sale will be open to telephone bidders worldwide, but no specific offerings have been announced. It will take one of the sale's more expensive properties to beat Christie's fine-arts record: the $39.9 million a Van Gogh painting brought last March...
...part of the sale, CBS will unload the magazines it bought from Ziff-Davis in 1985 for $362.5 million. CBS was criticized for overpaying for those publications, but industry experts say the network got a good deal this time...
...desire of so many investors to make their own decisions has become a boon for discount stock brokerages. These firms charge smaller commissions than full-service investment firms because, unlike the traditional houses, the discounters provide no advice or portfolio management. For example, on a sale of 100 shares of a $60 stock, a discounter's commission would be about $50, in contrast to nearly $100 at a full-service brokerage. As a result, the percentage of retail stock transactions placed with discounters has increased from 8% in 1982 to an estimated 22% this year. Most successful is San Francisco...
...time of the Meese inquiry, Poindexter said, one of his aides turned up a finding that authorized U.S. facilitation of a November 1985 sale of 18 Hawk antiaircraft missiles from Israel to Iran. Poindexter testified that he watched Reagan sign the document on or about Dec. 5, 1985, his first day as NSC chief. The problem with this finding, said Poindexter, was that it depicted the transaction as a trade of arms for the release of Americans being held hostage in Lebanon. The paper would be superseded in January by a finding that explained the weapons sales and freedom...
...commotion was stirred by the annual sale taking place at the two new American outlets of IKEA, the Scandinavian retailer of unassembled furniture and other household goods. While most Americans have never heard of IKEA, the chain had $1.7 billion in sales last year at 76 stores that stretch from Norway to Australia. Already one of the fastest-growing merchants in Europe, where 51 of its stores are located, IKEA is now successfully bringing its pizzazz and promotion to the U.S. The company put a store in suburban Philadelphia two years ago and followed with the Dale City outlet...