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Investors Europe

April 8, 2012 | By Tom Petruno, Los Angeles Times
For the last 40 years or so, many baby boomers have saved and invested diligently for their retirement. Now they may face a much different challenge: finding buyers for the mutual funds, individual stocks and other assets they'll need to sell to pay for their golden years. The demographic bulge of the 70-million-some boomers has driven U.S. economic and market trends in each decade since World War II. They powered the housing market for much of that period, inspired an explosion of brand-name consumer goods and, in the 1980s and '90s, helped stoke the greatest stock bull move of all time.
March 27, 1992 | From Reuters
Cash-strapped Chrysler Corp. has sold nearly half its stake in Mitsubishi Motors Corp. for about $205 million. Mitsubishi said Chrysler sold 43.6 million shares Thursday to 11 Japanese companies, about half of which belong to the Mitsubishi group, and institutional investors in Europe. The purpose of the sale was to strengthen Chrysler's financial situation and generate funds for new investments, the statement said. The transactions cut Chrysler's stake in Mitsubishi Motor Cars from 10.99% to 5.
July 9, 1995 | Reuters
Art James Laycock, accused of involvement in a $25-million fraud, has been arrested in Britain at the request of U.S. officials, British police said Friday. The Serious Fraud Office said that Laycock was arrested by the Devon and Cornwall police in western England at the request of the U.S. Attorney in Boston. The SFO said criminal proceedings are under way in Boston against Laycock and two others, Harold Glantz and Norman Epstein.
December 21, 1998 | From Reuters
U.S. assets, especially the dollar, are expected to suffer today following the impeachment of President Clinton but a major sell-off on global markets is not in store, analysts said. The House of Representatives impeached Clinton on Saturday, setting the stage for the second Senate trial in U.S. history to determine whether a president should be removed from office. The news will weigh on the dollar but only be a mild negative for stocks and Treasuries, analysts said.
November 7, 1989 | From Associated Press
Shares in Euro Disneyland SCA rose sharply Monday, the first day of official trading on London and Paris stock exchanges. Euro Disneyland, which is half-owned by Walt Disney Co., has sold about $1 billion worth of stock to investors throughout Europe to help pay for a new Disney theme park to be opened in France in 1992. Euro Disneyland shares closed at 879 pence, or $13.80, a share in London, up from the offer price of 707 pence, or $11.
April 11, 2010 | By Tom Petruno
Mutual funds that focus on small and mid-size stocks were at the top of the leader board in the first quarter. That's a classic bet on a stronger U.S. economy, because smaller firms tend to be more dependent on the domestic economy for their sales and earnings -- as opposed to blue-chip companies that operate world- wide. Funds that own small-capitalization value stocks -- shares believed to be undervalued relative to a firm's earnings or assets -- recorded a total return of 9.3%, on average, according to Morningstar.
September 17, 2008 | Roger Vincent, Times Staff Writer
The historic El Capitan Theatre on Hollywood Boulevard, where "Citizen Kane" had its world premiere and a generation of children have watched actors dressed as Disney characters cavort onstage, is for sale. The $31-million price tag includes the six-story, 1920s office building into which the theater is built. Walt Disney Co. will remain the long-term tenant at the theater, which the studio renovated in the early 1990s and has used to showcase many of its recent children's movies.
July 5, 2001 | From Associated Press
Stocks fell overseas Wednesday, pulled lower chiefly by the technology and telecommunications sectors. U.S. markets were closed for the Independence Day holiday. They will reopen today. In Japan, the 225-issue Nikkei stock average declined 1.5%, weighed down by selling in blue-chip technology shares, including Sony, Matsushita Electric Industrial, Hitachi, TDK and NEC.
March 31, 1998 | TOM PETRUNO
Mutual fund fever is sweeping Europe. With short-term bank and bond yields in much of Europe lower than even U.S. interest rates, individual investors in Europe have been shoveling cash into stock funds at a brisk pace in search of higher returns. Salomon Smith Barney Inc. analyst A.
January 4, 1998
Here are some of the key players and issues facing world financial markets in 1998: THE FED: ITCHY TRIGGER FINGER? Were it not for the Asian crisis, Federal Reserve Board Chairman Alan Greenspan almost certainly would have raised the central bank's key short-term interest rate, now 5.5%, in recent months. The Fed, after all, has been worrying out loud about the U.S. economy's robust advance and extremely tight labor markets. If Asia's situation settles down in the first quarter, and if the U.S.
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