PaineWebber's Private Client Group adds New York Times and Wisconsin Central Transport to its Focus List.NEW YORK--(BUSINESS WIRE)--April 10, 1996--The Private Client Group (PCG PCG phonocardiogram. ), the retail division of PaineWebber Inc., announced today that it has added New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times Co. (AMEX AMEX See: American Stock Exchange : NYTA NYTA New York Transit Authority NYTA New York Transhumanist Association NYTA North York Tennis Association NYTA Not Your Typical Agency NYTA National Youth Training Academy (Bangladesh) NYTA New York Tibetan Alliance NYTA New York Trading Assistants ) and Wisconsin Central Transport (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :WCLX) to its group of stocks known as the PaineWebber Focus List. Designed to maximize potential returns and minimize losses, the the Focus List is a dynamic, theoretical portfolio of no more than 30 carefully selected stocks. Although derived from those stocks rated buy or attractive by Paine Webber Paine Webber and Company was an American stock brokerage firm that was acquired by the Swiss bank UBS AG in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Research, The Focus List itself is developed by a committee made up primarily of senior PaineWebber PCG professionals who employ stringent selection criteria based on fundamental, quantitative and technical analysis. A stock is removed from the list when one of two things happens: the PaineWebber analyst downgrades the stock, or the Focus List's proprietary Stop-Loss discipline developed by the Focus List committee indicates that the price threshold has been violated. The New York Times Co., headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , is a diversified media company with three major operating segments, including newspapers, broadcasting and magazines. The company reported 1995 revenues of $2.4 billion and earnings of $1.40 per share. For 1996, PaineWebber estimates earnings will be $1.65 per share. Wisconsin Central Transport, headquartered in Rosemont, Ill., is a regional railroad. The company reported 1994 revenues of $211.1 million and earnings of $2.31 per share. For 1995, PaineWebber estimates earnings will be $2.85 per share. PaineWebber Inc. is one of the nation's leading full-service securities firms serving the investment and capital needs of a worldwide client base with more than 310 offices and over 6,025 investment executives worldwide. A complete list of stocks on the Focus List and additional information about those stocks can be obtained by contacting any investment executive at any PaineWebber office. -0- NYTA 4-9-96 31 1/8 Attractive WCLX 4-9-96 70 1/4 Buy CONTACT: PaineWebber Inc., New York Peter T. Casey, 212/713-8391 |
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