Word: schroder
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...come a new Jeep in January and a line of sleek, mid-size sedans, code-named LH, in the summer of 1992. Such offerings have persuaded some experts that the company will scrape through its latest crisis. Says John Casesa, who follows the company for the securities firm Wertheim Schroder & Co. in Manhattan: "I think Chrysler's going to make...
...TMFONT 1 d #666666 d {Source: Wertheim Schroder}]CAPTION: A NEW FACTOR IN MAKEUP
Nuclear questions may influence an election June 15 in the West German state of Lower Saxony. Social Democrat Gerhard Schroder, a candidate for minister-president, calls the vote a "people's referendum on nuclear power." Feelings on the issue are running high. Earlier this month, riot police battled demonstrators protesting the construction of a radioactive waste dump in the village of Gorleben...
Along with the takeover tussles come some new stock offerings. The most unusual is the creation of Composer Andrew Lloyd Webber, 37, the author of hit musicals, including Cats and Evita. Last week it was announced that early next year investment bankers at Schroder Wagg will offer to the public shares in Lloyd Webber's company, called Really Useful. Last year the firm had pre-tax profits of $3.1 million, and it owns the rights to everything Lloyd Webber has written since 1978. Stockholders will get a share of royalties each time an elevator plays a Muzak-treated tune from...
...before their appearance in federal court, Thayer and Harris, along with a Texas banker, Gayle Schroder, agreed to pay more than $1 million to settle the SEC suit against them--one of the largest settlements in the commission's history. Thayer paid $555,000 of the total, roughly equal to the illegal gains of his friends. "He has made more than full restitution," said Fiske. Although the SEC failed to get Thayer and the others to pay back profits made by more remote beneficiaries who might have got secondhand tips from the inner circle, securities experts say that the case...