Flagstar Foods and the rollercoaster stock tale
Flagstar, owner of Denny’s theme restaurants and other brands, reports $2.8 billion in 1996 revenues from fried chicken burgers and more but carries $2.2 billion debt and heavy losses. The board may pursue a 1-for-10 stock split and debt-for-equity swap to trim leverage, while Malcolm Berko warns investors to research beyond his syndicated column.
MENTIONED IN THIS ARTICLE
Iz Denny's Res
Flagstar
Manhattan
Malcolm Berko
Copley News Service
The
Herald-Journal
Berko
Syracuse Herald-Journal
P.O. Box
Boca Raton
Fla
Victory Lakefront fund targets inclusive growth amid Catholic and other niche funds
Key Asset Management and Lakefront Capital Investors announce the Victory Lakefront fund aimed at long term capital growth with a diversified stock portfolio. it will market through retirement plans and churches, and will not screen for diversity but promotes benefits of diversity after investing. The fund carries a 4.75 percent initial sales charge and includes holdings like American Express and Ford.
MENTIONED IN THIS ARTICLE
Victory Lakefront Fund
Lakefront
American Express
Eastman Kodak
Ford Motor
General Electric
Texas Instruments
Victory Lakefront
Free counseling for debt no income limits stated
The Consumer Credit Counseling Service of Central New York offers free confidential counseling to all income levels. Debt management plans may require a small fee on a sliding scale, but fees can be waived in hardship cases. contact 474-6026 or visit Suite 600 300 S. Salina St Syracuse 13202 for details.
MENTIONED IN THIS ARTICLE
Consumer Credit Counseling Service
CCCS
Sharon Patchett
Central New York
S. Salma St
Syracuse
Pyramid marketing schemes warned by BBB in Central New York
The Better Business Bureau warns consumers about multilevel marketing plans promising quick riches from selling jewelry and collectibles. Pyramid schemes recruit new participants to fund returns, with legal risks and poor prospects for those at the bottom. check startup costs, buybacks, product demand, and company credibility before investing.
MENTIONED IN THIS ARTICLE
Better Business Bureau
New York
Better Business Bureaus
Bureau
U.S
Central New York
BBB
Council of Better Business Bureaus Inc
CBBB
Department
Washington, D.C
Better Business Bureau World Wide
Bbb.org
NYSE targets young investors with new education center
The New York Stock Exchange opened a 3 million Interactive Education Center above the trading floor to educate students and families about stocks. It aims to reach 20 million students from 40,000 schools by end of 1998, using multimedia displays and multilingual access to teach long term investing.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Stock Exchange
NYSE
The
Richard A. Grasso
Chaiman
Exchange
American Stock Exchange
Grace Julian
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Meyers Report
Chicago
Lipper Mutual Funds
Oae
Lipper International Fund
EE U.S. Savings
Ale
Appar Mutual
Upper International
T-Bond
New Value Fund
Key Asset Management
Keycorp
Lakefront Capital Investors
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Fund For
Catholic Values Investment Trust
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Davis Selected Advisors
Davis New York Venture
Christopher C. Davis
Davis
Delaware Quantum
Delaware Blue Chip
United States
Quantum
Wall Street
United States Treasury
Hancock Regional Bank
Civect Adie W
Invesco Small Co
Invesco Small Company Value
Stein Roe Young Investor Fund
Pyramid
Jeanne Casinella
James St
Suite
N.Y
Murry Bergtraum High School
Lower Manhattan
Carmen Tse
Federal Reserve
Alan Greenspan
Greenspan
Grasso