Stock splits and mergers explain losses in Texas Calgary case
A reader questions a Texas Calgary investment later merged into Texstar Corp via an eight-for-one exchange then faced a ten-for-one reverse split. The advisor clarifies the merger was stock based, the reverse split reduced shares but not ownership, and Texstar trades near four dollars, making the loss explainable and the situation riskier.
MENTIONED IN THIS ARTICLE
William A. Doyle
Texas Calgary
Texstar Corp
Texas Calgary Co
American Stock Exchange
Bank of America
U.S
California
Doyle
Earnings mixed across firms in New York and Portland markets
Hazel Bishop Inc reports six month earnings of 1,040,261 or seven cents a share on 12,693,300 in sales, up from last year. Evans Products Co forecasts sharper 1964 earnings after 1963 net of 17 million and first quarter 1964 earnings of 1.5 million. firm makes building materials for mobile homes trailers and rail cars.
MENTIONED IN THIS ARTICLE
New York
Lanvin Chas Rite
Pine Street
ASV
Clare Rale
Lanvin Chase Pf
U.S
Treas
National Pioneer Fund
Fai
Leonard Refineries
Association of Securities Manu Fd
Dealers, Incs
Puritan Fund
Skyline Homes
Bousht
Fanny Farmer
Time Inc New
Smith, K & Franch
Incorp
Cinvelard Clustran 50 &Y
Schlumberger Ltd
Sirs State St Inv
Alod Aa
Riese
Panes
el Levi Cliffs Ster
Ela MM
Dal Growl Ua
South Jersey
Greyhound Corp
Texas Fund
Greyhound Co Pf
Assoc Fo Trust
Tnt Resources
United Funds
Bulova Waren
Buus
Atom Ph & & Fa
Inves Co Am Vib
Imperial
Gg Bt
Pak No
Tacome Wa
Harvester Nt
Axe Tuughton
Grova Funds
Science
Hyain Fund
Mutual Inc
Te Fy
Ove Tor
Lou Abd
Pfizer
Cnas
Aor
Reynolds Sey
Boston
2 & Sons
Southern
Bullock Fund
Ca Invest Research
Wellindon
Whitehall
Wisconsin
Colonial Fund
Colonial Grrh & En
LoPr Cm
Commonwealth Funds
Knickrbek Fa
Knickrbek
COTTO
Wwe
la Lezard Fund
Corp Leaders
Itv
Memphis
Delaware
Dow
NetAutual Trust
Dreyfus Fundway
Eaton & H Bai
Natl Investors
Mg Eee
Eaton & H Sik
National Securities Series
Fidelity Fund
New England
Bank Fundamtl
Nucl Chm & Else
Group
William St
We Aerospace Sci
Penn Sq
Philand
Hazel Bishop, Inc
John Morrell & Co
Royal McBee Corp
Portland
Evans Products Co
Taking The Fifth Has Its Hazards
Albany man Al vin Stalker, 54, was jailed after authorities advised him of his rights. Police say he stole a fifth of whiskey from a liquor store window he allegedly broke, leading to arrest after the incident.
MENTIONED IN THIS ARTICLE
Albany
N.Y
UPI
Alvin Stalker
Ifth
Stalker
Also Mentioned on This Page
Los Angeles
FSMN
Santos Bourbois Js
BT Ttyres
Sea
Singer Portable
Singer Sewing Centers
EL Con
Chrysler
Ord
Plymouth
Ury
Valiare
The
Experi
Enced Advertising Men
Star
Citizen
Arizona Daily Star
Tucson Daily Citizen
v-Tucson Newspapers Inc
the Daily Investor
Associated Dry Goods
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!