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Edward Kerschner

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BUSINESS
August 5, 1991 | TOM PETRUNO
Here's a great come-on that ought to get any investor's attention: "Twelve World-Class Growth Stocks for the '90s." A year ago, the 12 names were published in a report by Paine Webber investment strategist Edward Kerschner. They represented some of his favorite bets for investors who wanted to own blue-chip companies with strong global franchises.
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BUSINESS
August 5, 1991 | TOM PETRUNO
Here's a great come-on that ought to get any investor's attention: "Twelve World-Class Growth Stocks for the '90s." A year ago, the 12 names were published in a report by Paine Webber investment strategist Edward Kerschner. They represented some of his favorite bets for investors who wanted to own blue-chip companies with strong global franchises.
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BUSINESS
July 5, 1998 | TOM PETRUNO
The bond market thinks the U.S. economy is slowing, but the stock market already appears to be getting over the problem it had with that concept. Stocks closed broadly higher last week, lifting the Dow Jones industrials 0.9% for the week, to 9,025.26 by Thursday. The Standard & Poor's 500 hit a new high, and the battered Russell 2,000 index of smaller stocks gained a strong 1.8% for the week.
BUSINESS
August 10, 1999 | Bloomberg News
The U.S. stock market could drop 10% to 15% from here before it becomes attractive, PaineWebber Inc.'s chief strategist, Edward M. Kerschner, said Monday. Concern that the Federal Reserve will raise interest rates at its next meeting Aug. 24 is likely to weigh on stocks, said the strategist at the New York-based brokerage. "With one Fed tightening already done and another looking imminent, the outlook for the stock market is becoming more problematic," Kerschner said in a report to clients.
BUSINESS
July 15, 2002 | TOM PETRUNO, TIMES STAFF WRITER
Investors may decide this week whether improving corporate earnings pack enough punch to warrant higher stock prices--or at least not lower prices. Second-quarter earnings will dominate the business headlines this week, as the reporting season kicks into high gear. Operating earnings for the blue-chip Standard & Poor's 500 companies, in total, are expected to show modest year-over-year growth in the second quarter, according to Thomson First Call and other earnings trackers.
BUSINESS
December 12, 2000 | From Times Staff and Wire Reports
Can Nasdaq make it a hat trick? The Nasdaq composite index on Monday closed above 3,000 for the first time since Nov. 17, as continued bargain-hunting in the tech arena lifted the index 97.67 points, or 3.4%, to 3,015.10. If Nasdaq rises today, it will have advanced for three consecutive sessions. That would be the first three-day advance since late August.
BUSINESS
March 14, 2001 | From Reuters, Times Staff
Wall Street may have a lot more than usual riding on the stock market's ability to rally--or not--from here. Some highly publicized bullish market calls from key brokerage strategists in recent weeks strongly suggested to their clients that a market bottom was near. Goldman Sachs' Abby Joseph Cohen, one of Wall Street's most influential strategists, last week told her clients to use their cash to buy stocks. Yet that call looked costly by Monday, when the Nasdaq composite index plunged 6.
BUSINESS
September 13, 2001 | MICHAEL A. HILTZIK, TIMES STAFF WRITER
Fears that the U.S. stock market's opening bell--whenever it occurs--could trigger an aftershock of Tuesday's disaster were somewhat allayed Wednesday. Traders and analysts, who were initially concerned that share prices would plunge when trading resumed after Tuesday's terrorist attacks, were heartened Wednesday by modest rebounds in European stock markets.
BUSINESS
August 6, 1998 | From Reuters
The U.S. stock market's "three amigos"--three of Wall Street's most bullish brokerage analysts--came to its aid Wednesday, helping spur a small rebound in blue chips and perhaps limiting damage in the broader market. But the mood after Tuesday's 299-point rout in the Dow Jones industrial average remained restrained, and most stocks closed modestly lower in the second-heaviest trading session ever. European markets, meanwhile, tumbled, but they ended with losses less severe than that of the U.S.
BUSINESS
December 18, 1998 | From Times Staff and Wire Reports
Wall Street rallied Thursday as investors defied conventional wisdom by brushing aside concerns about U.S. military strikes at Iraq and an impending congressional debate on the possible impeachment of President Clinton. The Dow Jones industrial average rose 85.22 points, or 1%, to 8,875.82, surging as the attack against Iraq entered a second day and even building on its gains after news that an impeachment vote in the House could occur as soon as Saturday.
BUSINESS
October 18, 1988 | From Times Wire Services
Stock prices managed to close with a modest gain in quiet trading Monday, aided by new evidence of a slowing economy. The Dow Jones index of 30 industrials rose 7.29 to 2,140.47. Advancing issues slightly outnumbered declines in nationwide trading of New York Stock Exchange-listed stocks with Big Board volume declining to 119.29 million shares from Friday's 160.24 million and the lightest total since a 113.72-million-share day on Sept. 28.
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