Buckley Settles SEC Fraud Case and Stock Concession
The SEC charged William F. Buckley Jr. with securities law violations and he agreed to surrender $600,000 in Starr Broadcasting stock and refrain from a directorship for five years. The agency also censured E.F. Hutton & Co. and sanctioned 13 employees for anti fraud violations tied to stock options investments losing about $1 million from 1975 to 1978. The SEC closed an investigation into the New York City financial crisis with no action against officials.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
William F. Buckley Jr
Buckley
Starr Broadcasting
Commission
SEC
E.F. Hutton & Co
New York City
Commodities Rally on Inflation Fears Pushes Metals to Record Highs
Speculators drive silver and platinum futures to all time highs as inflation fears loom and a potential oil shortage worries the dollar. London cash gold hits new records while Iran cancels $7 billion in U.S. military contracts, stirring the trade deficit.
MENTIONED IN THIS ARTICLE
U.S
London
Iran
United States
James Schlesinger
Treasury
Michael Blumenthal
New York
Commodity Exchange Inc
New York Mercantile Exchange
ComEx
London Metals Exchange
Chicago Board of Trade
NYSE Strike Could Hit Trading Floor If No Deal Reached
The union representing 2100 NYSE trading floor workers warns a strike could begin Monday if a contract isn’t settled over the weekend. NYSE says talks continue with Local 153 of the Office & Professional Employees Union.
MENTIONED IN THIS ARTICLE
NEW York
UPI
New York Stock Exchange
Exchange
Office & Professional Employees Union
Carter
Big Board
American Stock Exchange
NYSE
Amex
FMC Corp Posts Higher 1978 Sales and Earnings
FMC Corp reports 1978 continuing operations income of 140.9 million or 4.22 a share, up 11 percent from 1977. Full year sales reach 2.91 billion, up 27 percent, with fourth quarter income of 37.3 million or 1.12 a share, and sales of 822.9 million, up 23 percent.
MENTIONED IN THIS ARTICLE
General Motors
Dow Chemical
Halliburton
Standard Brands
McDonald’s
Engelhard Minerals and Chemicals
Tenneco
Chicago
FMC Corp
Robert H. Malott
FMC
Malott
Agency-Source Creative Exchange at Cedar Rapids Ad Group
Wolftracks founders Dan Lawhorn and Doug Benge will speak at the Advertising Federation of Cedar Rapids dinner meeting at Longbranch Supper Club. The program named Agency-Source Creative Exchange showcases radio soundtracks for diverse clients with a 5:30 social, 6:30 dinner, and an 8 p.m. presentation. Reservations via Kay Staab at 319 362-6373 by noon Tuesday.
MENTIONED IN THIS ARTICLE
Dan Lawhorn
Doug Benge
Wolftracks
Indianapolis
Advertising Federation of
Cedar Rapids
Longbranch
Creative Exchange
Lawhorn
Benge
Kay Staab
Visiting executive to discuss psychographics at UI College of Business
Dr. William Wells of Needham, Harper & Steers will visit the University of Iowa Tuesday. He will present a film and slide show on lifestyle research used in advertising in Phillips Hall Room 315 at 2:30 p.m. Faculty, students and others may attend, with details from the Management Center at (319) 353-4274.
MENTIONED IN THIS ARTICLE
Iowa City
William Wells
Needham
Harper & Steers Advertising Inc
Chicago
University of Iowa
College of Business Administration
Wells
Dr. Wells
Phillips Hall
Management Center
Noland introduces compact Sprint 100 entry terminal
Cedar Rapids firm Noland unveils the Sprint 100 order entry terminal, claimed smallest on the market at 13 ounces and 2% by 6% inches. It stands under an inch and a quarter thick, has a color coded keypad, audible confirmation for each entry, and runs on removable rechargeable NiCad batteries.
MENTIONED IN THIS ARTICLE
Noland
Cedar Rapids
Profits Rise 28 Percent Amid 1978 Quarter Outlook
New York based Wall Street Journal reports corporate profits rose 28 percent from a year earlier in the final quarter of 1978. The Journal expects another rise in the current quarter but slower growth in the second quarter due to a weak first quarter and higher prices for crude oil, steel, and other products. The pieces also note Iran’s Shah ouster shock waves will affect results late in the quarter.
MENTIONED IN THIS ARTICLE
Citibank
Chase Manhattan Bank
First Pennsylvania Bank and Trust Co
First National Bank of Chicago
Federal Reserve Board
Consumer Credit
U.S
FMC
Malott
New York
UPI
Wall Street Journal
Journal
Iran
Also Mentioned on This Page
New York Times Service
SUN Chemical Corp
American Corp
Sun Chemical
American General Insurance Co
Ticor
Associated Press
Chicago Mercantile Exchange
Hid
Medical Society
Foundation I
E. Cohn & Sons
3Rd St
IBM
Erb’s Office
Pete
FBI
Volvo
ALLEN
Mercedes-Benz
Triumph
Jaguar
First Ave
Klinger
3Rd Ave
U.S. Treasury
Morris Plan
U. S. Treasury
American Bidg
Executive Plaza
K-mart West
Morris
Fred Burke
Mr. Vernon
la Council of Honor
Kerry Mann
Marion
Council of Honor
Glenn Drahn
Arthur Marx
Bryant, la
William Meeker Clar
R. Bob Thiersch
Meeker
Cedar Rapids, la
Chuck Scheer
Florida
D.J. Arnestad
Ohio National Life Ins. Co
Cincinnati
Ohio
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