Word: investors
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Dates: during 1950-1959
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...every investor struck pay dirt. Several solid issues scraped their year's low. American Export Lines (which hit a crest of 34⅝ this year) slipped to 28⅞; Freeport Sulphur slumped to 27⅝ from the year's high of 37⅜. United Aircraft, one of the stocks in the Dow-Jones average, was off to 52½ from...
Still other industrial groups blew hot and cold in the first half. Among elec tricals, General Electric rose only 1⅞to 80¾ but resurgent Westinghouse climbed 21⅜ to 94½. Among motors, an investor could hardly go wrong (Chrysler up 17⅛, Ford up 24¼)-unless he selected solid General Motors, up only...
...world's richest boxing title-or how to exploit it. The son of a stonecutter, he was a gifted street brawler as a youth, got married at 17, fathered a son and daughter and was later divorced. But Johansson has long since settled down, is now a shrewd investor of his fight earnings, owns profitable construction and fishing companies in Sweden. For working 8 min. 3 sec. last week, Entrepreneur Johansson earned an estimated $250,000 (v. Patterson...
...stocks as the Anglo-Dutch Unilever from $143 to $153, The Netherlands' Philips' Lamps from $158 to $176, West Germany's AEG (electrical equipment) from $83 to $91. and Bayer (chemicals) from $93 to $105. One reason for particular U.S. interest in Germany: if a foreign investor holds his West German stock for more than three months, he pays no taxes, thus can use his full long-term profits for further investment...
...major Swiss manufacturers, notably Nestle and Aluminium Industrie A.G.. have attempted to stem the foreign tide by registering their shares so that the company can accept or reject bids to buy. But the broad majority of European capitalists heartily hold out hands in welcome to the U.S. investor. "The more investment the better," says a top Zurich financier. "We in the West are politically and economically in the same boat. The closer we are connected, the stronger we shall...