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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who started this subject1/10/2002 9:05:46 AM
From: D.Austin  Read Replies (1) of 16631
 
7:30AM Matsushita repurchasing stock (MC) by Steve Gelsi
Matsushita Electric Industrial (MC) said it planned to repurchase up to $750 million of its own stock. Shares of the company rose 34 cents to $13.55 on Wednesday.

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7:09AM

Matsushita Electric resolves bond issue (MC) by Steve Gelsi
Matsushita Electric Industrial Co. (MC) said it resolved the issuance of straight bonds to raise 'funds necessary for the company's future business development.' The company plans to issue unsecured straight bonds totaling up to 300 billion yen or about $2.3 billion USD starting in Jan., 2002 in Japan.
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