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December 8, 1992 | From Times Staff and Wire Reports
CEO Retirements: J. Peter Grace, who has run conglomerate W. R. Grace & Co. for nearly half a century, is undergoing cancer treatment and will step down as chief executive Jan. 1, the company said. Grace, 79, will be succeeded by J. P. Bolduc, 53, who already runs much of the company's operations as president. Meanwhile, Los Angeles-based food wholesaler Rykoff-Sexton Inc. said CEO Roger W. Coleman, 63, will retire immediately, though he will remain a director.
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BUSINESS
December 8, 1992 | From Times Staff and Wire Reports
CEO Retirements: J. Peter Grace, who has run conglomerate W. R. Grace & Co. for nearly half a century, is undergoing cancer treatment and will step down as chief executive Jan. 1, the company said. Grace, 79, will be succeeded by J. P. Bolduc, 53, who already runs much of the company's operations as president. Meanwhile, Los Angeles-based food wholesaler Rykoff-Sexton Inc. said CEO Roger W. Coleman, 63, will retire immediately, though he will remain a director.
BUSINESS
February 9, 1990 | MARIA L. La GANGA, TIMES STAFF WRITER
Rykoff-Sexton Inc., the Los Angeles food services giant, was the Big Board's leading loser Thursday, a day that saw the company's stock drop 23% in value and lose $5 per share. Rykoff is a company without a clue, analysts say. Consider: As recently as last September, the company predicted that earnings for the fiscal year ending April 28 would show strong improvement. "But the stock's getting killed today," said L. Craig Carver, senior vice president for research at Dain Bosworth Inc.
BUSINESS
June 7, 1991 | TOM PETRUNO
Two big Midwest investors see something intriguing in the long-suffering shares of L.A.-based Rykoff-Sexton Inc., a major food distributor to the restaurant business. This week, Decatur, Ill.-based grain-processing giant Archer Daniels Midland Co. disclosed that it has picked up a 5.2% stake in Rykoff, or about 600,000 shares, accumulated in recent months.
BUSINESS
June 22, 1990 | TOM PETRUNO
While many folks on Wall Street are still waiting for a steep market selloff--a correction, as it is called--a few stocks are already deep into their own private declines. Investors who have been considering getting into some solid stocks for the long run might want to look at some of the recently wounded. Take Pasadena-based Jacobs Engineering. The stock has come down 17%, from its May peak of $25.50, to $21.125.
BUSINESS
April 3, 1985
R. Burt Gookin, former vice chairman and chief executive of H. J. Heinz, has been elected a director of Rykoff-Sexton Inc., a Los Angeles food and restaurant-supply firm.
BUSINESS
June 7, 1991 | TOM PETRUNO
Two big Midwest investors see something intriguing in the long-suffering shares of L.A.-based Rykoff-Sexton Inc., a major food distributor to the restaurant business. This week, Decatur, Ill.-based grain-processing giant Archer Daniels Midland Co. disclosed that it has picked up a 5.2% stake in Rykoff, or about 600,000 shares, accumulated in recent months.
BUSINESS
June 22, 1990 | TOM PETRUNO
While many folks on Wall Street are still waiting for a steep market selloff--a correction, as it is called--a few stocks are already deep into their own private declines. Investors who have been considering getting into some solid stocks for the long run might want to look at some of the recently wounded. Take Pasadena-based Jacobs Engineering. The stock has come down 17%, from its May peak of $25.50, to $21.125.
BUSINESS
February 9, 1990 | MARIA L. La GANGA, TIMES STAFF WRITER
Rykoff-Sexton Inc., the Los Angeles food services giant, was the Big Board's leading loser Thursday, a day that saw the company's stock drop 23% in value and lose $5 per share. Rykoff is a company without a clue, analysts say. Consider: As recently as last September, the company predicted that earnings for the fiscal year ending April 28 would show strong improvement. "But the stock's getting killed today," said L. Craig Carver, senior vice president for research at Dain Bosworth Inc.
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