SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?


To: porcupine --''''> who wrote (1117)1/14/1999 12:36:00 AM
From: porcupine --''''>  Read Replies (1) | Respond to of 1722
 
IBM to Assume More Debt

INTERNATIONAL BUSINESS MACHINES filed a shelf registration with
the Securities and Exchange Commission for up to $4 bln in debt
securities, capital and preferred stock, depositary shares and
warrants. The Armonk, N.Y.-based computer maker is also carrying
forward an additional $1.115 bln in previously registered
securities, thereby making the total registration worth up to
$5.115 bln. Net proceeds will be used for general corporate
purposes, which may include the repayment of debt, investments in
or extensions of credit to subsidiaries, redemption of preferred
stock or the financing of possible acquisitions or business
expansion. (Reuters 02:11 PM ET 01/13/99)




To: porcupine --''''> who wrote (1117)1/15/1999 8:41:00 AM
From: porcupine --''''>  Read Replies (1) | Respond to of 1722
 
Automakers predict 6th year of 15 mln vehicle sales

GENERAL MOTORS CORP, FORD MOTOR and DAIMLERCHRYSLER AG expect a
sixth consecutive year of high sales of around 15 mln vehicles in
the U.S., the New York Times said. Most auto executives expressed
optimism for 1999, however, difficulties in the world's two
largest markets, Europe and North America, would create serious
problems for multinational auto makers, the Times said. "We will
see a possible slowdown but we definitely don't see a recession in
1999, as far as the U.S. and Europe are concerned,"
DaimlerChrysler's co-chairman Juergen Schrempp told the paper.
Outside the U.S. and Europe, auto sales in Japan, Southeast Asia
and Latin America have lagged far behind the U.S. and Europe.
(Reuters 07:24 AM ET 01/04/99)