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BUSINESS
March 30, 1993
FMR Corp., the parent of the Fidelity group of mutual funds, has lowered its stake in LTC Properties Inc. to 11.4% of the Oxnard-based company, from 12.4%. In a filing with the Securities and Exchange Commission, FMR said certain of its funds sold shares between Jan. 27 and Feb. 25 at prices ranging from $10.63 to $11.06 a share. FMR now holds 912,170 shares of LTC, the filing stated. LTC is a real estate investment trust that invests primarily in nursing homes.
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BUSINESS
June 20, 1998
* A European Union antitrust panel recommended approval of the merger between telecommunications powers WorldCom Inc. and MCI Communications Corp., provided MCI sells its Internet businesses, an industry source told Reuters. The panel of experts from the 15 EU countries also requested clarification about how Washington-based MCI would transfer its Internet retail customers to a new owner, the source said. * Brunswick Corp. must pay $133.
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BUSINESS
August 11, 1995 | Times Staff and Wire Reports
Fidelity Doubles Stake in Chrysler: Boston-based FMR Corp., parent of Fidelity Investments, the largest U.S. mutual fund company, notified the Securities and Exchange Commission that it owns 48.3 million shares of Chrysler Corp. stock, slightly more than 13% of the shares outstanding. FMR is the second-largest Chrysler shareholder to investor Kirk Kerkorian, who tried to take over the company this year and whose 50 million shares comprise about 13.1%. FMR's stake has increased from 6.
BUSINESS
August 11, 1995 | Times Staff and Wire Reports
Fidelity Doubles Stake in Chrysler: Boston-based FMR Corp., parent of Fidelity Investments, the largest U.S. mutual fund company, notified the Securities and Exchange Commission that it owns 48.3 million shares of Chrysler Corp. stock, slightly more than 13% of the shares outstanding. FMR is the second-largest Chrysler shareholder to investor Kirk Kerkorian, who tried to take over the company this year and whose 50 million shares comprise about 13.1%. FMR's stake has increased from 6.
BUSINESS
January 29, 1991
FMR Corp., the Boston holding company for the Fidelity group of mutual funds, said it sold 78,700 shares of House of Fabrics stock, lowering its stake to 11.6%, according to a filing with the federal Securities and Exchange Commission. FMR sold the shares from Jan. 2 to Jan. 16 at prices ranging from $28.05 to $30 a share, the filing stated. House of Fabrics, based in Sherman Oaks, operates the nation's largest chain of fabric and sewing stores.
BUSINESS
June 7, 1988 | From States News Service
A group including Boston-based FMR Corp. and Fidelity International Ltd. has raised its stake in Culver City-based Information International Inc. to 19.1%, according to a filing with the Securities and Exchange Commission. The group bought 47,600 shares from May 13 to May 19 at prices ranging from $12.44 to $12.57 each.
BUSINESS
March 30, 1995 | Times Staff and Wire Reports
A group including Boston-based FMR Corp. has cut its investment in Chrysler Corp. to about 7% from 13%. . . . Seal Beach-based Rockwell International Corp. said the Air Force awarded it a $232-million contract to upgrade its fleet of conventional B-1B bombers. . . . Highland-based Kasler Holding Co. announced that one of its subsidiaries, Kasler Corp., was the apparent low bidder on a $13.7-million project to construct parking lots for the Bay Area Rapid Transit District.
BUSINESS
January 12, 1989 | From States News Service
A group led by FMR Corp. of Boston has reduced its stake in Coleman Co. by less than 1% to 8.8%, according to a filing with the Securities and Exchange Commission. The group sold a total of 20,300 common shares of Wichita, Kan.-based Coleman--7,800 shares by International Fund between Nov. 11 and 21 and 12,500 shares by Fidelity Fund Ltd. between Nov. 4 and 17. Per-share prices ranged from $36.51 to $39.82 in the transactions.
BUSINESS
March 30, 1995 | Times Staff and Wire Reports
A group including Boston-based FMR Corp. has cut its investment in Chrysler Corp. to about 7% from 13%. . . . Seal Beach-based Rockwell International Corp. said the Air Force awarded it a $232-million contract to upgrade its fleet of conventional B-1B bombers. . . . Highland-based Kasler Holding Co. announced that one of its subsidiaries, Kasler Corp., was the apparent low bidder on a $13.7-million project to construct parking lots for the Bay Area Rapid Transit District.
BUSINESS
March 30, 1993
FMR Corp., the parent of the Fidelity group of mutual funds, has lowered its stake in LTC Properties Inc. to 11.4% of the Oxnard-based company, from 12.4%. In a filing with the Securities and Exchange Commission, FMR said certain of its funds sold shares between Jan. 27 and Feb. 25 at prices ranging from $10.63 to $11.06 a share. FMR now holds 912,170 shares of LTC, the filing stated. LTC is a real estate investment trust that invests primarily in nursing homes.
BUSINESS
August 4, 1992
FMR Corp., the Boston-based operator of the Fidelity family of mutual funds, and Fidelity International Ltd. have purchased a combined 10.5% stake in Pinkerton's Inc., a Van Nuys-based provider of security guards and services. In a joint filing with the Securities and Exchange Commission, the FMR group said it bought 869,500 Pinkerton's shares, including 784,500 shares that were bought by six unidentified Fidelity Funds. The shares were bought as an investment, the filing stated.
BUSINESS
November 5, 1991
A group led by FMR Corp., the Boston parent of the Fidelity mutual-fund organization, has cut its stake in House of Fabrics Inc. to 8.7%, or 1.2 million common shares. In a filing with the Securities and Exchange Commission, the group said it sold 191,576 shares of the Sherman Oaks-based fabric retailer between Sept. 13 and Oct. 16. The stock was sold at prices from $30.93 to $36.36 a share, the filing stated.
BUSINESS
February 19, 1991
FMR Corp., the Boston holding company for the Fidelity group of mutual funds, said in a filing with the Securities and Exchange Commission that it has further cut its holdings in Sherman Oaks-based House of Fabrics, from 10.4% to 8.92% or 529,173 common shares. FMR, the largest shareholder of House of Fabrics, sold 84,500 shares Jan. 29 through Jan. 31 for $30.80 to $32.13 each, or $2.65 million total, according to the filing. FMR owned about 16% of House of Fabrics' shares two months ago.
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