Word: first-half
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...anybody doubted the productive strength of the U.S. economy, the half-year profit figures that poured in last week should have settled the matter. Of 148 companies reporting so far, 98 had beaten their 1949 first-half earnings. For many a company, 1950'$ first-half profits were the biggest in history...
...that shaky? Worried Wall Streeters who had thought that the TV bubble might burst and dampen the whole market were changing their minds. Many TV stocks were actually living up to their high speculative hopes. For example, Emerson, though it was still selling around $35, had just turned in first-half profits of $3.47, thus was priced no more than a conservative five times its earnings. "You can call it speculation," said one thoughtful stock-market official last week, "but the figures on the use of television sets seem to lend a firm base to this kind of buying...
Both Harvard teams played sluggish first-half ball due in part to a long bus trip and lack of any pre-game rest. The varsity and Yardling tens outplayed the Ephmen in the second halves, but were unable to pare first half defiles of 9 to 0 and 7 to 4, respectively...
...second-half Yard basketball championship will be decided tomorrow when Thayer South, American League winners, meets Matthews South, National League champion, in the Indoor Athletic Building, at 5 p.m. The winner of this game will play Matthews North, first-half titlist, for the Yard championship on Wednesday...
...result of first-half and reading period play, the league has been realigned with the stronger quintets grouped into an eight-team American League. The remaining clubs will form the National League...