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SPORTS
June 19, 1991 | DAVE McKIBBEN
The Century Club announced Tuesday that the Buick Motor Division of General Motors will replace Shearson Lehman Brothers as the title sponsor for the PGA tour stop at Torrey Pines Golf Course. Formerly the Shearson Lehman Brothers Open, the tournament will be called The Buick Invitational of California. It will be played Feb. 17-23, one week later than last year. But the tournament will continue to be the seventh stop on the PGA Tour. Buick also sponsors the Buick Classic in Harrison, N.Y.
SPORTS
June 19, 1991 | DAVE McKIBBEN
The Century Club announced Tuesday that the Buick Motor Division of General Motors will replace Shearson Lehman Brothers as the title sponsor for the PGA tour stop at Torrey Pines Golf Course. Formerly the Shearson Lehman Brothers Open, the tournament will be called The Buick Invitational of California. It will be played Feb. 17-23, one week later than last year. But the tournament will continue to be the seventh stop on the PGA Tour. Buick also sponsors the Buick Classic in Harrison, N.Y.
BUSINESS
November 11, 1987 | BILL SING, Times Staff Writer
Shearson Lehman Bros. and First Boston became the latest and biggest Wall Street firms to report damage from last month's stock market collapse, confirming Tuesday that they incurred crash-related losses for October and are considering various cost-cutting measures. Shearson said it lost $70 million after taxes in October, with $46 million of that stemming from its role as an underwriter in the recent stock offering of British Petroleum and the rest due largely to trading activities.
SPORTS
February 7, 1986 | CHRIS COBBS, Times Staff Writer
Few games can humble a man quite so quickly or thoroughly as golf. Every weekend hacker with a double-figure handicap should find a bit of amusement--and consolation--in the case of a pro named Larry Rinker. He made 14 eagles last year, the most by any player on the tour. He also won $195,000, and felt cocky enough to set a goal of $300,000 in 1986. Last month in Phoenix, Rinker managed to shoot an 11 on a par-3 hole. That's not easy even if you're a bad golfer.
SPORTS
February 16, 1987 | CHRIS COBBS, Times Staff Writer
George Burns, the golfer, is easily distinguishable from George Burns, the comedian. Burns, the golfer, is the one who often wears a long face and who has a tendency to get down on himself. His idea of a good time is riding an exercise bike and lifting weights. Even on Sunday, his biggest day in golf, George Burns III seemed to fight the urge to smile broadly or say anything that might be described as amusing.
SPORTS
July 31, 1986
Jason Bittick of Esperanza High School, The Times' 1986 Golfer of the Year, has signed a letter of intent to attend Brigham Young University in the fall. Earlier this year, Bittick became the youngest golfer ever to qualify for the Shearson Lehman Brothers Andy Williams San Diego Open. In June, he led the Aztecs to the CIF-Southern California Golf Assn. title.
BUSINESS
May 14, 1987
AST Research Inc. of Irvine has notified the Securities and Exchange Commission of its intentions to sell $50 million worth of convertible subordinated debentures, due 2007, to help finance the maker of computers and computer parts business operations. L.F. Rothschild, Unterberg, Towbin Inc. and Shearson Lehman Brothers Inc. are handling the underwriting, which is expected to take place late this month.
BUSINESS
November 11, 1987 | BILL SING, Times Staff Writer
Shearson Lehman Bros. and First Boston became the latest and biggest Wall Street firms to report damage from last month's stock market collapse, confirming Tuesday that they incurred crash-related losses for October and are considering various cost-cutting measures. Shearson said it lost $70 million after taxes in October, with $46 million of that stemming from its role as an underwriter in the recent stock offering of British Petroleum and the rest due largely to trading activities.
SPORTS
February 7, 1986 | CHRIS COBBS, Times Staff Writer
Few games can humble a man quite so quickly or thoroughly as golf. Every weekend hacker with a double-figure handicap should find a bit of amusement--and consolation--in the case of a pro named Larry Rinker. He made 14 eagles last year, the most by any player on the tour. He also won $195,000, and felt cocky enough to set a goal of $300,000 in 1986. Last month in Phoenix, Rinker managed to shoot an 11 on a par-3 hole. That's not easy even if you're a bad golfer.
NEWS
September 2, 1990 | United Press International
A grand jury Friday indicted Shearson Lehman Brothers Inc. and two former employees on securities fraud charges stemming from millions of dollars in customer losses in the stock market crash of 1987. In addition to the corporation, the 42 indictments handed up by a Cuyahoga County grand jury named Sheldon Strauss, a former account executive at Shearson's Cleveland office, and Stephen Weinberg, the former office manager.
SPORTS
December 12, 1990
Senior forward Shannon Abrams had a game-high 28 points and 11 rebounds as Point Loma Nazarene defeated Occidental, 100-84. Christy Stevens added 16 for PLNC (6-2), and Deanna Cowles' only field goal with six seconds left gave the Crusaders their first 100-point game this season. They did it twice last year. Occidental fell to 3-3 in the nonconference game. GOLF The purse for the Shearson Lehman Brothers Open Feb. 11-17 has been increased to a record $1 million.
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