Word: offing
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Dates: during 1970-1970
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Clout and Cash. Du Pont is virtually free of long-term debt, and has the clout and cash to acquire practically anything-its assets amount to $3.3 billion -but the Justice Department would almost certainly oppose any sizable expansion by merger. At the same time, Du Font's ability...
Du Pont has enthroned research and development and staked its future on it: $255 million was spent on it last year. The company has 17 technically proven but so far unmarketed "new ventures" in process. Some are secret, but others include an office copier that uses ordinary paper, a range...
Du Pont is not likely to change quickly. Though Brel McCoy is the first president not related to the Du Pont family by blood or marriage, he has been nurtured in Du Pont traditions; his father was a director, vice president and member of the executive committee. McCoy, who has...
The old year is one that Wall Street would like to forget. Still, a common sentiment among brokers is that all the stock market needs for a rebound is a sniff of good news about tight money. Last week Paul McCracken, chairman of the President's Council of Economic...
As welcome as the holiday rally was, many investors might question whether the volatile Dow average really reflects the overall trend of U.S. stock prices. The Dow, which is composed of 30 blue-chip stocks (from Allied Chemical to Woolworth), has made the stock market look sicker than it really...