Word: stockely
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Selling South African Stock...
Your report about companies leaving South Africa [WORLD, Nov. 3] says "at least 15 states, including New York ... have either completed or announced plans to sell their stock in companies with South African holdings." The $32 billion New York State pension fund has not sold any stocks and bonds of U.S. companies doing business in South Africa. Rather, we have been leaders in what you describe as an effective "relentless campaign" of using shareholder petitions to force company withdrawal from that country to protest apartheid. Edward V. Regan New York State Comptroller Albany...
Last week the answer came: an explosion that hurled Perot off the GM board of directors and into the headlines. At a session that Perot agreed to skip, the other members of the GM board voted unanimously to buy back his 11.3 million shares of company stock for $700 million. In effect, they told the brash Texan that he could take his money and his loud mouth and go away...
Some industry experts thought that Smith was justified in driving Perot away. Said Bernard Addo, an auto analyst for Manhattan's Argus Research: Perot may have been a skillful entrepreneur, but entrepreneurship and team management are two different things. Perot was hurting GM's stock by publicly bashing the company's management." Other observers were appalled at the buyout. GM officials got rid of Perot, contended Mary Anne Devanna, director of research at the Columbia Business School Management Institute, "to protect their own hides. Their careers, big bonuses and fancy perks all depend on maintaining the status...
...neatly into a stocking, but Bruce Springsteen & the E Street Band Live/1975-85 is sure to wind up under a lot of Christmas trees this year. Since Columbia released the landmark five-record album last month, it has been selling as quickly as stores can get it in stock. Springsteen Live became the first album to debut at No. 1 on Billboard magazine's best-sellers chart since Stevie Wonder put out Songs in the Key of Life a full decade ago. Retailers signed up for an unprecedented initial shipment of 1.5 million Springsteen record, tape and compact disc sets...