Word: ticker
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Dates: during 1960-1969
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...last May, stocks bobbed back and forth. They started the week on the upbeat, then turned lower, then higher, then lower again and finally came to rest at 930 - up only half a point for the week. At the height of trading, the exchange's high-speed ticker ran twelve minutes behind, but had it not been for this new, computerized equipment, the tape would have lagged by 90 minutes, and many an investor would have become frightened...
...bases its case on the point that Morgan Guaranty made its purchases largely before the Dow-Jones ticker moved the news at 10:55. But Lamont contends the news was hardly secret by that time. As Lament's lawyer argued: "A director is not required to await publication of information in one particular medium before he joins in dissemination...
...stepped away from the Manhattan board room of the Texas Gulf Sulphur Co. and phoned an officer of Morgan Guaranty Trust Co., of which Lamont, 66, is retired vice chairman. The Texas Gulf board meeting had broken up, and Director Lamont advised the banker to watch the Dow-Jones ticker for good news about the company. Ever since, Lamont has been troubled by that phone call...
...Call Me 'Doctor.' " After a cordial reception in Houston early in the week, the pair zipped off to Chicago. No fewer than a million whooping people jammed curbstones and upper-floor windows and let fly with a blizzard of ticker tape that all but buried McDivitt and White as they rode in a parade down State Street and Michigan Avenue. That over, the astronauts flew to the University of Michigan at Ann Arbor, where each was solemnly awarded a newly created honorary degree -a doctorate of astronautical science. Already both had been nominated by the President for promotion...
...companies -which account for about one-third of all trading-conspicuously sat on their millions and waited for stocks to fall still lower in hopes of scooping up bargains. At midweek individual investors began to unload; larger numbers of 100-share and 200-share transactions danced across the illuminated ticker tape in the stock exchange...