Word: unloading
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Dates: during 1960-1969
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...directed in On the Town: "The guy just never heard of exhaustion." But he has heard about charm, and he can crack the whip without stinging the ego. When he teamed up with Jackie Gleason to film Gigot in 1961, the trade waited expectantly for the Great One to unload his celebrated wrath on the demanding director. Instead, Kelly had Gleason puffing up and down a flight of stairs like a trained St. Bernard and Jackie begrudgingly tacked a reminder on his dressing-room door: GENE KELLY is RIGHT...
Property for Sale. Thus it is not surprising that the railroads want to unload. The market for buyers seems to be limited to interests outside the transportation field; a recent bid by Greyhound for a 20% share of REA was knocked down in the courts. The buyer will get 14,000 pieces of automotive equipment, 11,000 trailers, and 7,000 terminals in 50 states. With a new, more flexible approach to the use of those assets, and without the stringent regulations that guide it as a rail holding REA might very well be an interesting property...
...mullahs proclaimed American and British products unholy. Libyan mobs destroyed liquor stores as symbols of Anglo-American "imperialism," and King Idris demanded that the U.S. abandon its Wheelus Air Force Base. Egypt and Syria closed their ports to U.S. and British ships; Sudanese and Iraqi dock workers refused to unload them...
...Kozak, 36, the only one not named as a defendant. Andreas had been chairman, treasurer and a director of Pentron before he stormed out after a bitter "management dispute" in December 1965. Pentron had lost $2,400,000 that year, but Andreas, according to the charges, was determined to unload his 12% shareholding at "as high a price as possible." Ness, Rolland, Furla and Kozak promised to sell a 144,000-share block of Andreas' stock at $3 or better, if Andreas would in turn sell them another 175,000, which he held in a trust for his children...
...chairman delivered another lecture, this one against speculative trading by institutions. "Increasingly," said Martin, "managers of mutual funds, and portfolio and pension-fund administrators are measuring their success in terms of relatively short-term market performance. In effect, they set a target on a growth stock, attain that target, unload, and then seek other opportunities for quick capital gains." Given the size of their buying power, said Martin, such activity "may virtually corner the market in individual stocks," at the least cause undesirable price fluctuations. "Practices of this nature" said he, "contain poisonous qualities reminiscent of some respects...