Chicago Lawyer Fined 500000 for Insider Trading
Alfred Elliott a 42 year old Chicago lawyer and former Schiff Hardin partner agreed to pay 500000 in penalties after profiting 271312 from trading on inside information about takeover bids. The SEC filed a civil complaint in Chicago alleging two years of trades from March 1984 to February 1986 in Midlands Energy Bearings Pearle Health Rival Manufacturing KN Energy and Rocky Mountain Natural Gas.
MENTIONED IN THIS ARTICLE
Washington
Chicago
Securities and Exchange Commission
SEC
Alfred Elliott
Schiff Hardin & Waite
U.S
Elliott
Midlands Energy Co
Bearings Inc
Pearle Health Services Inc
Rival Manufacturing Co
KN Energy Inc
Rocky Mountain Natural Gas Co. Inc
Stock prices end day lower on broad market slide
New York stocks fell across indices as investors sold for tax reasons and bonds weakened. The Dow dropped to 1,908.61, down 3.51, with NYSE volume 126.18 million and losers outpacing gainers about 12 to 5. NASDAQ 347.32, S&P 500 at 243.37.
MENTIONED IN THIS ARTICLE
New York
Mobil
Scott P
Sears
Texaco
Alcoa
IBM
Ucarbs
Amoco
Ekodk
KaisrAl
PacTels
Uswsts
Exxon
Kopers
Unocal
Armwis
FMC
PanAm
William
Aurich
Intste
Krogers
Lockhol
Penney
WinDix
Avnet
Papl
New York Stock Exchange
American Stock Exchange
Standard & Poor
McDonnell Douglas to build MD-11 jetliner in Long Beach
McDonnell Douglas announced the MD-11 program with 52 firm orders worth 5.2 billion and an estimated 6,000 jobs by 1991 at the Long Beach plant. Options for 40 more planes could lift total value to 9.2 billion. Alitalia placed six firm MD-11 orders and options on four more plus 10 MD-82s in a 1.5 billion package.
MENTIONED IN THIS ARTICLE
Long Beach
Calif
McDonnell Douglas Corp
Douglas Aircraft Co
Alitalia
Livestock sale at Bluegrass Market totals over 110 thousand
At Bluegrass Market in Lewisburg, 409 head of livestock sold on December 27, bringing in 110569.62 dollars. Prices ranged for stockers and feeders by weight, heifers and cows by class, hogs and sows, horses, and sheep with varied per head values listed.
MENTIONED IN THIS ARTICLE
Bluegrass
Bluegrass Market, Inc
Lewisburg
Treasury seven year notes yield at decade low
In Tuesday's auction seven year Treasury notes averaged 7.09 percent, down from 7.21 on previous sale, the lowest since 7.03 percent on November 4, 1976. $7.28 billion of notes sold from bids totaling $19.04 billion, coupon 7 percent, with $10 000 face value selling for $9 950.20.
MENTIONED IN THIS ARTICLE
New York
Washington (Ap
Treasury
Bible Published in 1829 Languages Says Society
The American Bible Society reports that at least one book of the Bible has been published in 1829 languages while more than 3000 languages still lack any Scripture. The statement highlights progress in Bible translations and the remaining linguistic diversity without Scripture.
MENTIONED IN THIS ARTICLE
American Bible Society
Takeover lawyers rush to close deals by yearend
Wall Street lawyers and investment bankers race to finish mergers before the new 1987 tax law takes effect. D'Alimonte of Willkie Farr & Gallagher foregoes holiday time while Pandick Corp. heads toward acquisition by an investor group. Goldman Sachs aides say most major advice is done, leaving junior staff to tidy the final documents as year ends.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Colorado
Caribbean
John D’alimonte
D’alimonte
Willkie, Farr & Gallagher
Willard J. Overlock Jr
Goldman, Sachs & Co
Pandick Corp
Daniel J. Good
Also Mentioned on This Page
Wheat First Securities, Inc
Amer el Pwr
Dminion Res
Hosp Corp
Msa
Ofshr
Amer Family
Duke Power
Hous Ind
Sara Lee Corp
Ashland Oil
Eastern G&f
Hou Oi Tr
Mesa Roy Sgnt
Bkg
Crp
Enrgy
Avon Elgin
Hughes Toolphasco
Sthrn
Best
Lowes
Pepsico
Wncona
Cstl Cp
Magnet Bank
Pittston
Wstra UN
Coca Cola
Grace WR
Manor Care
Plantronics
Westnghse
Col Gas
MAPCO
Potomac el
Whittaker
Apple Computer
Dids Atlantic Research
Bassett Furniture
Bluefield Supply
Burke Parsons A
Ste Cadmus Communiiations
Dominion Bankshares
First Feds & L SC
Os Figgie Int Holdings
Fingermatrix
First Carolina Inv
Oty Glaxo Holdings Adr
Investors Savings & Loan
Kincaid Furniture
Ladd Furniture
MCI Communication Graph
National Banc of Commerce
T's Noland Co
One Valley Bancorp
Peanut Shack of Amer
Presidential Airways Pulaski Furniture
Lyng
S & K Famous Brands
Shoneys Inc
Sovran Financial
Starr Surgical
Summit Holdings Corp
Westmoreland Coal
Williams Industries
Treasury Note
Leggett
Mercer Mall
Princeton
MasterCard
Choice
VISA
American Express
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