Word: philip
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...numbers of socially-conscious investors insist that fund managers avoid the stocks. For those so inclined, the American Medical Association has just introduced its own financial guide -- a listing of 53 tobacco-free mutual funds. Yet despite the looming threat of massive legal settlements, shares in tobacco firms like Philip Morris and RJ Reynolds continue to do well. Hugh Johnson, First Albany?s chief investment strategist thinks one factor supporting tobacco shares is growing investor concerns that the stock market may be due for a major correction. Reason: people smoke more when they?re nervous. And when the economy seems...
...numbers of socially-conscious investors insist that fund managers avoid the stocks. For those so inclined, the American Medical Association has just introduced its own financial guide -- a listing of 53 tobacco-free mutual funds. Yet despite the looming threat of massive legal settlements, shares in tobacco firms like Philip Morris and RJ Reynolds continue to do well. Hugh Johnson, First Albany?s chief investment strategist thinks one factor supporting tobacco shares is growing investor concerns that the stock market may be due for a major correction. Reason: people smoke more when they?re nervous. And when the economy seems...
...much fun it would be if we could tell the blue bloods to stuff it. The elite banks have long cut us out of things like hot, new stock offerings and timely access to news, research and trading. Too bad Dean Witter, in such a strong position that CEO Philip Purcell emerges as the top executive at the combined firm, didn't adopt the stuff-it 'tude for us. Maybe Purcell figures that the price was right and that with commercial banks becoming big players in the brokerage business, he had to act. Or maybe he's hedging his bets...
...course, could not have known how important the newspaper would later be to their daughter--or she to it. When Eugene Meyer retired, he passed control of the paper to Kay's husband Philip Graham, who ran it until his suicide in 1963. Only then did Kay Graham, at age 46, come out of the shadow of the men in her life and gradually transform herself into a near legendary figure: the "iron lady" who built the Post into one of the nation's great papers, stood up to the Nixon Administration during Watergate and hobnobbed with the rich...
...This group of fellows brings a broad range of expertise, background and political know-how to the IOP," said IOP Director Philip R. Sharp in a press release Monday...