Word: optionals
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...board of directors: "It is believed that any profit . . . from resale of the stock would be taxable under capital-gains provisions [if held for six months] at a rate not over 25% ... in contrast to present higher tax rates applicable to ordinary income." So the stockholders gave the option plan an overwhelming vote of approval (5,300,000 shares...
...enough to operate one of the Oak Ridge atom plants and with a large legal department (not to mention outside counsel paid an annual retainer of $30,000), this was a major boner. Only five days before, the U.S. Treasury had announced that the difference between the market and option price of stocks sold to employes will be taxed as income. (Previously there was no tax on exercising options, only the capital gains tax on resale.) The ruling was based on a Supreme Court decision handed down, effective Feb. 25, 1945, on that date. Up till then, stock option plans...
When "January Thaw" opened at the Colonial Theatre two nights ago, there were moments when the audience, with both cars cocked, could hear an option drop somewhere in the recesses of producer Mike Todd's entrepreneurial mind. There were other moments, though, when the comedy reached proportions laughable enough to obscure the tittering of an uninhibited twenty mule team...
...been for the U.S. Navy victory at Midway, the story might have been different. But there it was: in an official exchange of notes made public last week, Canada dropped her option on the 550-mile Canol pipeline (TIME, March 5), built by the U.S. at a cost of $134 million when oil in the north seemed a vital requirement against a possible Japanese invasion of Alaska. Now Canol was on the open market, and there were no takers...
...over The Bird of Paradise dogged most of his career, and in 1923 he was neck deep (though later cleared) in a $2½ million stock swindle involving his vast theater holdings. About that time, his shrewd judgment of box-office began to fail him. After passing up an option on Abie's Irish Rose, he went bankrupt in 1926. Assets: $200. Liabilities...