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.