Word: first-half
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...week, led downward by the electronics stocks. Electronics manufacturers were flying high; Texas Instruments reported alltime-high second-half earnings of $1.62 per share v. 66? last year. Its stock dropped 20⅜ points during the week to close at 126⅛. Volatile Fairchild Camera & Instrument Corp. announced first-half earnings of $1.61 per share v. a $104,000 loss last year, but its shares fell 23 points...
...battle model-for-model against the Big Three, he put all his mechanical skill into a single car -the compact, chrome-clean, low-priced (from $1,925) Lark. The results: S.P. has produced 126,000 Lark '59s (v. 50,000 Studebakers of all kinds a year ago), lifted first-half sales to $210 million (v. $71 million), earned $12 million (v. a first-half '58 loss of $13 million...
...Suez crisis in December 1956. Standard Oil Co. (NJ.) rose 3$ points to 54⅛ as it reported earnings of $1.47 per share, v. $1.22 in the first half last year. Gulf Oil Corp. stock added 6| points during the week to close at 116⅛, after reporting first-half earnings of $4.38 per share, v. $3.57 last year...
...comparable quarter a year before since the end of World War II. General Motors' Chairman Frederic G. Donner reported that corporate sales of $3.3 billion in the second quarter were the second best in history for that period (best: igss's $3.4 billion). G.M.'s first-half earnings climbed to $2.08 per share, v. $1.17 in the same period last year. Westinghouse Electric Corp. showed how well it had stepped up efficiency under President Mark W. Cresap Jr., raised second-quarter earnings to a record $1.12 per share, through operating economies that overcame lower sales...
Despite a $3.8 million loss in the first quarter, TWA reported first-half earnings of $1.6 million, expects "better than substantial" profits for the year v. a $1.8 million loss last year when it was in the worst position of any major U.S. airline (TIME, Dec.1). This week TWA, which received its jets after competitors American and Pan American, will add jet service to Philadelphia and Kansas City, bringing to ten the number of cities that its jets serve. TWA benefited from break-in bugs that other lines have found in Boeing 707s (TIME, June 8), which helped it maintain...