Word: stockely
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Dates: during 1970-1979
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MacKay Shields Financial Corporation notified the University Thursday of its intention to sell $1.6 million worth of stocks, including the bank stock and some shares in General Motors, and to purchase stocks in smaller but faster-growing companies...
Harvard's decision this week to sell over $600,000 worth of stock in two banks that lend money to the South African government proves once again that the University moves in mysterious ways...
...stock transaction will not affect the deliberations of the ACSR, Stevens said, adding "We will still come up with a general policy towards banks operating in South Africa. Without such a policy, the University could conceivably purchase stock in other banks of this sort...
Mackay Shields originally purchased the bank stock in 1976, and its market value last June stood...
Sigular said the bank stock transaction is largely unimportant, representing a total sale of two-tenths of 1 per cent of the portfolio...