Word: du
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Interviewed by Paris' Cahiers du Cinema, he talked of giving up the stage and screen forever, "since in a way they've already abandoned me. I've worked too hard for what I've been given in return. I can't spend my life in restaurants and festivals begging funds." He scraped along on occasional television appearances, started (but never finished) four films that he financed himself. Then Producers Michel and Alexander Salkind (a father and son team; Michel produced Greta Garbo's first film outside Sweden, the team an occasional epic in recent...
...Theory (TIME, March 31, 1961), rushed out 4,500 telegrams urging purchases of such hard-hit issues as Polaroid, Xerox and American Machine & Foundry. On Wall Street, mighty Merrill Lynch, Pierce, Fenner & Smith sent out a "Buy Flash"; so did Paine, Webber, Jackson & Curtis, E. F. Hutton, Francis I. du Pont, and other influential brokerage houses. The long-distance wires hummed from Minneapolis, where the nation's biggest mutual fund group, Investors Diversified Services, was placing orders for $20 million worth of common stocks...
...Chicago federal court that ordered the Du Pont Co. to surrender control of its 63 million shares of General Motors stock (TIME, March 9) also suggested a way. Last week Du Pont President Crawford Greenewalt announced that the company would follow Judge Walter La Buy's proposal to distribute the G.M. shares among Du Pont stockholders. In July, Du Pont will distribute the first 23 million on the basis of half a G.M. share for each Du Pont share. There will be two or three more such distributions before the February 1965 deadline set by the judge. Each holder...
...most Du Pont stockholders, the method will be painless when it comes to taxes. Congress has specified that individual shareholders will not be required to pay tax on the G.M. stock unless they bought their Du Pont stock for less than the value of the G.M. shares they receive. Since Du Pont stock is now selling around $214, and the current market value of 1.37 G.M. shares is only $68.50, most Du Pont shareholders will...
...biggest of Du Pont shareholders, the family-controlled Christiana Securities, will have to pay $26 million in dividend taxes on the 6.7 million shares it will receive in the first distribution alone-and will then be obliged to turn around and get rid of the G.M. shares itself. Even in a normal market, such an unloading could affect the prices of both G.M. and Du Pont shares. Most market analysts agree that G.M., which expects a near-record sales year, should be able to withstand the shock. Even Du Pont, though its dividends will drop with the loss...