Word: first-half
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...plane industry, said one broker sadly, is the "only industry in a recession." In the first six months of this year, sales of the 15 largest aircraft companies slipped 5% and profits tumbled 45%. Among the giants, General Dynamics' earnings dropped from $20 million to $11 million, Boeing's from $20 million to $3,600,000. United Aircraft, one of the bluest chips in the industry, jolted investors by chopping its quarterly dividend from 75^ to 50?, as first-half earnings fell from $22 million to $16 million. Douglas Aircraft, long a darling of Wall Street, landed with...
...areas and products. Under Burns, RCA brought out its stereo tape-cartridge, the first successful one in the industry. Burns moved RCA strongly into circuitry, controls and computers. RCA has developed the first medium-sized, all-transistor computer, hopes to find a big market in paper-clogged Wall Street. Burns took over RCA's money-losing color-TV project, cut losses in half last year, expects soon to put it in the black. Result: RCA sales have jumped sharply for the first time in four years; first-half sales rose 17%, profits...
Turn backward, backward, O TIME, in your Aug. 3 reporting on Phillips Petroleum Co. Their first-half per share earnings were up, not down, from...
Even stocks of electronics makers who sell chiefly to consumers sold off easily. Zenith Radio Corp. established a first-half record with earnings of $1.66 per share v. $1.01 last year, but lost 14⅛ points during the week. Philco Corp. came back from a $1,400,000 loss in the first half last year to earn 54? per share for the first six months of 1959, was off 2⅞ for the week. Motorola, which set a second-half record with $3.04 per share v. 76? last year, dipped seven points...
...sent a lengthy report to the Justice Department, expects a merger may well come off before 1960. Bubbled Oilman Getty in London: "A Tidewater-Skelly merger is a natural." Tidewater, which last week reported first-half earnings up from $279,000 last year to $18.6 million this year, is primarily an importer and refiner, must buy half the oil it refines. Skelly, its first-half earnings up from $10.5 million to $14.5 million, produces about 40% more oil than it refines. Tidewater's refineries and market outlets are concentrated on both coasts; Skelly's are mostly...