Word: stockely
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Dates: during 1970-1979
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...eight states and two Canadian provinces twelve years ago. But the effects were nationwide. TV networks stopped broadcasting for several minutes. The flow of teletyped news from the A.P. and U.P.I, was interrupted, then limped along under jury rigs (see THE PRESS). Wall Street's banks, brokerages, and stock and commodities exchanges shut down...
...characters and incidents with any modern twists or new routines. He does not realize that this kind of fun cannot be created by haphazardly mixing together elements that worked well for Philippe de Broca and Preston Sturges; the essential ingredients are those the cook pulls from his own secret stock...
...directors. The SEC is looking into, among other things, the adequacy of the company's public disclosure in connection with transactions of G & W's securities, the company's pension funds and its dealings in the shares of an auto-parts subsidiary that had some stock traded on the over-the-counter exchange. Manhattan District Attorney Robert Morgenthau is supervising another probe. Finally, the New York State senate committee on crime and correction is examining the possibility that organized crime may be linked to the operations of Madison Square Garden Corp., another G&W affiliate. Jeremiah...
...paranoid." It was rather startling that a routine registration statement filed lately by Associates First Capital Corp., a financial-services subsidiary of G & W, was rejected by the SEC because of incomplete disclosure. Even more anguish has been caused to shareholders by the drop in the company's stock: it has sagged by more than 20% this year, leaving Bluhdorn's conglomerate in the humiliating posture of selling for less than $14 a share, or $8 a share below book value...
...Olive Ann watchers believe that this time her merger intentions are for real. While still vigorous at 73, she is thought by many associates to be anxious to settle the future control of her company while she is still in active command. With some 20% of Beech's stock held by Olive Ann, her two daughters (who have no role in management) and a nephew, Frank Hedrick, 67, Beech's president since 1968. the company is very much a family affair. But after Olive Ann's death or retirement, Beech could conceivably fall victim to an unfriendly...