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Financial problems at Thrifty Corp. keep plaguing outlook for Pacific Enterprises.
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Some recent reports from Wall Street on Los Angeles-based companies:
Pacific Enterprises Corp.: The holding company of Southern California Gas, the utility giant, and Thrifty Corp., the retailer, is not a good buy on Wall Street, according to a recent report issued by Dean Witter, the New York-based brokerage house.
Dean Witter lowered its rating on Pacific Enterprises to a "hold" from a "buy," citing concerns over the somewhat chronically ill-performing Thrifty stores.
Thrifty Corp. was a big purchase for Pacific Enterprises in 1986 but it has dragged down Pacific ...
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Dean Witter upgrades Pacific Enterprises. (Dean Witter Reynolds Inc.)
Magazine article from: Los Angeles Business Journal
; Dean Witter upgrades Pacific Enterprises Dean Witter Reynolds Inc...downtown-based Pacific Enterprises Inc. from a...premium at which Pacific Enterprises sells relative...predicted Dean Witter Reynolds...percent. * Pacific ...
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WHAT NOW, DEAN WITTER? BOSTON BROKERAGE THAT STUMBLED FINDS ITSELF ENMESHED IN PROBES
Newspaper article from: The Boston Globe
; ...Choral Fantasy," a mature man representing Dean Witter Reynolds, the stock brokerage, sits with...dulcet-voiced TV narrator, to which the Dean Witter man confidently adds: "At Dean Witter, we measure success one investor at a time...
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Pacific Enterprises will not put Thrifty on sale, despite rumors. (includes related article on management of Thrifty Drug Stores chain)
Magazine article from: Los Angeles Business Journal
; Pacific Enterprises will not put Thrifty...1986 utility giant Pacific Enterprises, parent of Southern...issue. But last week Pacific Enterprises Chairman and Chief...pet among analysts, Pacific Enterprises hit $61.25 a share...off cash. Instead, Pacific ...
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Dean Witter's Visa Venture Is Overturned by Court; Distributor of Discover Card Had Sought the Right to Issue Widely Used Credit Card
Newspaper article from: The Washington Post
; ...court yesterday struck down an effort by Dean Witter, Discover & Co., owner of the Discover...Sherman Antitrust Act in refusing to allow Dean Witter to become a Visa member and issue cards...as a "victory for consumers," while Dean Witter called it "contrary to the antitrust...
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Dean Witter Reynolds Revises Sales Practices; Some Broker Bonuses, Fees to Be Eliminated
Newspaper article from: The Washington Post
; Dean Witter Reynolds Inc. announced yesterday that...rapidly into "inappropriate" investments. Dean Witter also said it will expand its training...made no mention of sales contests, which Dean Witter and some other firms have used aggressively...
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Pacific Enterprises sets $195 million stock offering.
Magazine article from: Los Angeles Business Journal
; ...cities and communities. Pacific Enterprises has gotten rid of the...significant position in Pacific Enterprises' stock. Wall Street has been turned off to Pacific Enterprises for so long. The stock...recognize that, he said. Pacific Enterprises' stock dropped ...
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NationsBank-Dean Witter Plan Is a Pairing of Opposites
Newspaper article from: The Washington Post
; ...out anymore. Witness the decision by Dean Witter Financial Services Group Inc. and NationsBank...mutual funds and other investments. Dean Witter and NationsBank will become equal partners...will be staffed by 200 brokers from Dean Witter and by 200 brokers who already work...
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Printy accepts investment ban imposed by SEC; Agreement settles civil charges over dispute with Dean Witter.(BUSINESS)
Newspaper article from: Star Tribune (Minneapolis, MN)
; ...over a previously reported dispute with Dean Witter Reynolds. Printy, now of Rockport, Mass...obtained hundreds of thousands of dollars from Dean Witter by taking advantage of a Dean Witter error involving a Printy family trust. In...
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INVESTORS SUE DEAN WITTER OVER LIMITED PARTNERSHIPS.(BUSINESS)
Newspaper article from: Daily News (Los Angeles, CA)
; ...Associated Press A group of investors sued Dean Witter Reynolds Inc. for $300 million Monday...early 1990s by buying $1.2 billion in Dean Witter limited partnerships that invested in...plaintiffs who bought investments from a Dean Witter broker in Santa Monica, said Melvin...
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Dean Witter, Discover Spinoff Smells Sweet to Shareholders
Newspaper article from: Chicago Sun-Times
; Nobody was promised a rose garden when Dean Witter, Discover & Co. was spun off from Sears...figurative garden comes in the form of Dean Witter stock, which sold for $27 when 20 percent...went to Sears stockholders, who got 40 Dean Witter shares for every 100 Sears shares they...
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