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Shelf Offerings

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BUSINESS
November 29, 1991 | From Times Staff and Wire Reports
Sears Seeks Debt-Issuing Approval: Sears, Roebuck & Co. is seeking Securities and Exchange Commission clearance to sell $2 billion in debt securities, partly to reduce short-term borrowings. The retailing-financial services giant wants to sell what amounts to corporate IOUs from time to time through shelf offerings. With a shelf offering, a company can register its securities in advance and keep them "on the shelf" for up to two years before actually selling.
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BUSINESS
June 9, 2004 | From Bloomberg News
Ask Jeeves Inc., owner of the Internet search site Ask.com, filed a shelf registration to sell as much as $400 million of its shares, capitalizing on its soaring stock price in the last year. The Emeryville, Calif.-based firm, in Securities and Exchange Commission filing, didn't say when it might sell the stock or what the terms would be. Ask Jeeves is selling shares when its stock and that of other Internet companies such as Yahoo Inc.
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BUSINESS
September 7, 2002 | Bloomberg News
Allergan Inc., maker of the Botox anti-wrinkle treatment, plans to raise as much as $350 million through the sale of debt securities, according to a document it filed Friday with the Securities and Exchange Commission. The Irvine company registered an offering to sell the securities when financing needs arise or market conditions become favorable.
BUSINESS
September 7, 2002 | Bloomberg News
Allergan Inc., maker of the Botox anti-wrinkle treatment, plans to raise as much as $350 million through the sale of debt securities, according to a document it filed Friday with the Securities and Exchange Commission. The Irvine company registered an offering to sell the securities when financing needs arise or market conditions become favorable.
BUSINESS
June 9, 2004 | From Bloomberg News
Ask Jeeves Inc., owner of the Internet search site Ask.com, filed a shelf registration to sell as much as $400 million of its shares, capitalizing on its soaring stock price in the last year. The Emeryville, Calif.-based firm, in Securities and Exchange Commission filing, didn't say when it might sell the stock or what the terms would be. Ask Jeeves is selling shares when its stock and that of other Internet companies such as Yahoo Inc.
BUSINESS
June 28, 1994
Cinema Ride Inc., a Studio City-based maker of rides that feature short action films on video, said it has filed an application with the Securities and Exchange Commission for a shelf offering to raise up to $6.4 million through the sale of 1.2 million shares of common stock and 1.7 million redeemable warrants. Proceeds from the offering will be used to repay equipment lease obligations and to develop new attractions. New York-based A.S. Goldmen & Co. Inc. is the underwriter.
BUSINESS
April 13, 1993
Great Western Financial Corp. in Chatsworth has filed documents with the Securities and Exchange Commission for a shelf offering of up to $750 million in stock or debt. In a shelf offering, a company fulfills the necessary registration requirements up to two years before offering securities so that it may try to sell the securities when market conditions are favorable with a minimum of paperwork. The savings and loan said it now has no plans for a debt or equity offering.
IMAGE
April 27, 2013 | By Adam Tschorn, Los Angeles Times
There's magic afoot in Orange County that has nothing to do with a giant mouse or a legendary berry farm and everything to do with George Esquivel and his band of craftsmen who, for more than a decade, have been hand-cobbling high-end shoes for a who's who of the well-heeled, including rock stars, NBA players, politicians and Hollywood heavyweights of every stripe. In a nondescript building off I-5 in Buena Park, pieces of white leather destined to become booties for singer Janelle Monae are being meticulously hand-stitched at one table.
NEWS
May 19, 1997 | KEN ELLINGWOOD, TIMES STAFF WRITER
Even on a weeknight, the waiting dinner crowd spills out the doors of the recently opened Cheesecake Factory. Down Colorado Boulevard, a swank new Blockbuster Music store dominates a bustling block, while business thrums at the Barnes & Noble bookstore and Banana Republic across the way. All along Old Pasadena's once-blighted main drag, the throngs of shoppers have never been larger, the big-name stores have never been more plentiful.
BUSINESS
June 28, 1994
Cinema Ride Inc., a Studio City-based maker of rides that feature short action films on video, said it has filed an application with the Securities and Exchange Commission for a shelf offering to raise up to $6.4 million through the sale of 1.2 million shares of common stock and 1.7 million redeemable warrants. Proceeds from the offering will be used to repay equipment lease obligations and to develop new attractions. New York-based A.S. Goldmen & Co. Inc. is the underwriter.
BUSINESS
April 13, 1993
Great Western Financial Corp. in Chatsworth has filed documents with the Securities and Exchange Commission for a shelf offering of up to $750 million in stock or debt. In a shelf offering, a company fulfills the necessary registration requirements up to two years before offering securities so that it may try to sell the securities when market conditions are favorable with a minimum of paperwork. The savings and loan said it now has no plans for a debt or equity offering.
BUSINESS
November 29, 1991 | From Times Staff and Wire Reports
Sears Seeks Debt-Issuing Approval: Sears, Roebuck & Co. is seeking Securities and Exchange Commission clearance to sell $2 billion in debt securities, partly to reduce short-term borrowings. The retailing-financial services giant wants to sell what amounts to corporate IOUs from time to time through shelf offerings. With a shelf offering, a company can register its securities in advance and keep them "on the shelf" for up to two years before actually selling.
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