Drugstore buyout watch list from Berko column
Malcolm Berko critiques several chains for potential takeovers including Longs Drug Stores Arbor Drugs Genovese Drug Stores and Drug Emporium. He notes Longs weak earnings and Arbor’s solid cash position while warning readers to research before acting on advice.
MENTIONED IN THIS ARTICLE
Fay’s
Eckerd
Fay's
Syracuse Herald-Journal
P.O. Box
Boca Raton
Fla
Market Sees Mixed Week As Stocks Rally And Slump
Our funds dodge a flu of losses with varied results across blue chips and bonds. First place Blue Chip plunges hardest, down 7 dollars in four days, while others like Herdi twit and Lipper Mutual report smaller drops or gains. 30 Year T Bond and Gold show modest moves, Silver rebounds strongly as the week closes with mixed fortunes across markets.
MENTIONED IN THIS ARTICLE
Usl
Blue Chip
Alf
Herdi Twit
Mathe
White Lipper Mutual
Lipper. International
Mayers
Biua
Lipper Mutual Funds
Lipps
Money Market
Global Small Stock Fund Shows Higher Returns With Lower Risk
The Seligman Henderson Global Smaller Companies fund has delivered about 17.9 percent annual returns over three years through October, outperforming domestic small-stock funds at 13.3 percent and global funds at 8.7 percent, with lower volatility. United States issues comprise roughly one third, Japanese exposure faded in recent years, and European holdings have improved, guided by co-managers Iain Clark and Arsen Mrakover.
MENTIONED IN THIS ARTICLE
Seligman Henderson
Matt Muehlbauer
Global small cap fund pursues top town style picks
New York and London use a toptown approach to selecting small stocks, allocating to countries whose small caps may outperform others. The fund targets growth in the United States and Britain, with a value tilt in Japan and continental Europe, offering growth and diversification while warning investors that small caps are more volatile than large caps. The class A sales charge is 4.75 percent.
MENTIONED IN THIS ARTICLE
New York
London
United States
Britain
Japan
Europe
Muehlbauer
Discount broker offers access to vast fund options
Scudder Brokerage Services launches discount access with over 40 Scudder funds and 1,000+ funds from 150 firms, including 450 no load funds without transaction fees. Phone trading 24 hours, $5,000 minimum to open, $10,000 transfer rebate up to $50, and portability with Prudential and Paine Webber across firms.
MENTIONED IN THIS ARTICLE
Scudder, Stevens & Clark
Scudder
Folco
Prudential Securities
Paine Webber
Prudential
Wall Street
Smith Barner
Holiday budget guide for prudent gift buying
Consumer Credit Counseling Service urges cash payments or rapid payoff of holiday charges. Create a simple tracking notebook with budget categories for gifts cards postage and decorations. Request its Christmas worksheet to estimate typical holiday spending and identify areas to cut.
MENTIONED IN THIS ARTICLE
Consumer Credit Counseling
Sharon Patchett
Consumer Credit Counseling Service
Central New York
Suite
S. Salina St
Syracuse
Satellite TV shopping tips and cautions from BBB column
Jeanne Casinella of the Better Business Bureau warns consumers to compare satellite TV plans carefully. Check contract terms, upfront costs, equipment ownership, and extra fees, and verify business stability with the BBB before purchase. Seek written details and beware that local channels may require antenna or cable.
MENTIONED IN THIS ARTICLE
Better Business Bureau
Dish Services
Jeanne Casinella
James St
Syracuse
Nly
Lawmakers consider repealing 1991 auto repair tax law
Insurance firms oppose a complex voucher system for sales tax refunds on auto repairs. Lafayette criticizes the 1991 bill and proposes an alternate tax collection method to curb fraud, with officials estimating 14 percent uncollected taxes. Bragman aides note potential votes for repeal next session. Senate supports repeal. Pataki budget endorses it.
MENTIONED IN THIS ARTICLE
Lafayette
Nest
Darren Depp
Assembly
Michael Bragman
Cicero
Dopp
Senate
George Pataki
Reader advised to swap bonds for mutual funds for college funds
In the Dr Tightwad column readers are told to sell small U S savings bonds held for a child and invest in a growth oriented mutual fund to boost college savings. Tax rules for 1996 allow tax free interest if income is below thresholds. otherwise parts may be tax free. Syndicated by Kiplinger’s Personal Finance Magazine.
MENTIONED IN THIS ARTICLE
Dr. Tightwad
U.S
Dhool
Congress
Kiplinger
Personal Finance
Money Matters
Also Mentioned on This Page
A Longs Drug Stores
California
Alaska
Hawaii
Arizona
Colorado
New York Stock Exchange
Longs
Arbor Drugs
Arbor
Eugene “Juice” Applebaum
Florida
Genovese Drug Stores
Connecticut
New Jersey
Genovese
Drug Emporium
Heck
Malcolm Berko
Copley News Service
The
Herald-Journal
Berko
Gold
Siver
Lipper Mutual
Lipper International Fund
EEULS
Daum
Bet Lee Perris
the Meyers R
Global
Aunt Tilley
Jeanne Casavella