Word: optional
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Dates: during 1950-1959
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...looking around restlessly for something to do. At the urging of Wall Street Investment Banker David Van Alstyne Jr., he agreed to go to the rescue of St. Louis' ailing Emerson Electric Manufacturing Co. (fans, small motors) in return for $24,000 a year, plus a stock-option deal. Emerson was deep in the red and battered by labor troubles, had barely managed to survive a bitter, 53-day sitdown strike in 1937. Taking over as president in unpromising 1938, Symington new-broomed away most of the old management, set about winning over his workers. William Sentner, Midwest boss...
...deep mysteries on Wall Street, put and call options have long been among the most baffling to investors. Many market players shy away from the options, consider them as risky as a crap game. But that is just not so, says jaunty, white-haired Herbert Filer, 65, head of Filer, Schmidt & Co., the nation's largest stock option dealer. This week, in Understanding Put and Call Options (Crown; $3), the first book on the business to be published in the U.S., Filer presents a case for using options to reduce stock market risks as well as for speculating...
This play, and a Dartmouth fumble recovered on the Indian one-yard line by tackle Mike Briggs, set up the final Crimson tally, a left tackle option through the line by Terry Bartolet with one second remaining in the game...
...brought in more than a dozen top executives, plucking them away from such firms as Revlon, Macy's and Marshall Field with generous stock-option plans, and he gave employee morale a quick boost by putting in a new pension plan. He reorganized Ward's management structure, bolstered confidence by delegating authority, scrapped Sewell Avery's outlandish rules. He began to change Ward's cash hoard into merchandising strength in 1955, since then has redecorated nearly 376 of the company's 566 stores, air-conditioned 73 of them, opened more than 296 new catalogue stores...
...Harvard victory will depend more on whether or not the Crimson can stop the option and belly series run by Terhes. His fake hand-off to either halfback and his keep around the end have resulted in many dangerous runs in the past. Alert and aggressive play by the tackles and ends will be the only way to stop...