Word: stock
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Dates: during 1950-1959
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Such Greek problems as Cyprus and the threat of Iron Curtain countries to the north got a thorough going-over during Ike's talks with Premier Constantin Karamanlis. The Greeks, too, delicately hinted that the President should not put too much stock in Russian peace talk, reminded him that they had fought a bitter civil war to drive the Communists out of the country after World War II. Greece had staked out a priority interest in all Balkan affairs, and got from Ike his assurances that the U.S. and Greece would consult on such affairs...
Eight years ago, Actor Bosley was a restaurant doorman. Born in Chicago, he started out there after discharge from the Navy in 1946, worked on local radio shows, did summer stock. Moving on to New York four years later, he picked up small acting jobs off Broadway and on TV, kept up his La Guardian waistline by checking hats at Lindy's (all the cheesecake he could eat). Good off-Broadway jobs came in The Sea Gull (1954), Thieves' Carnival (1955), The Beaux' Stratagem, and The Power and the Glory (last year). Bosley won the La Guardia...
...touch with staffers manning the fleet of editorial cars or flying off to a story by chartered plane. The phalanx of city-room desks is liberally speckled with grey heads, most of them belonging to veterans of the staff-owned paper who cannot bear to part with their Star stock holdings, which must be cashed in when they leave the paper: the Star's police reporter William Moorhead, 61, has shares worth better than $150,000. In contrast to most newspapers, the Star's seven-man corps of editorial writers is a surprisingly young and active crew: four...
...last week. Only 30 minutes after being placed on the market, the first public offering of 1,000,000 shares of Transitrun Electronic Corp. at $36 each was snapped up by investors. Not since the first public sale of 10.2 million Ford Motor Co. shares in 1956 has a stock issue attracted such broad public demand. Transitron quickly jumped to $49 per share in over-the-counter trading, closed the week at $43 per share. To Transitron's owners, David and Leo Bakalar. went $34.4 million for part of their interest in the third largest U.S. semiconductor producer (first...
...underwear mill, the Bakalars share a secretary, avoid written memos, and do most of their business in corridor conferences with staff members. Decisions by Leo, 46, who serves as treasurer and chairman, and David, 34, who is president, have equal power. To justify the price of Transitron's stock (now selling at a steep 45 times projected 1960 earnings) the company is expected to diversify, use the 2.1 million shares of Transitron's authorized but unissued stock to buy other companies...