Word: sarnoffs
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Tardy was many a corporation in reporting earnings for the first quarter of 1930, for most corporations had earning shrinkages to announce and the poorer the earnings, the later a report is likely to be. It remained, however, for David Sarnoff s Radio Corp. of America to dispense with any announcement whatsoever by getting permission from the Stock Exchange to omit a first-quarter statement. Exchange rules call for a periodic report of earnings, do not specify quarterly reports. But Radio Corp. was admonished not to omit a first-half report and also to issue quarterly statements thereafter. Official reason...
Senator & Mrs. Guglielmo Marconi on his yacht Electra anchored off Civitavecchia, Italy, talked via wireless telephone with President Karl August Bickel of the United Press, President David Sarnoff of Radio Corp. of America, and President M. H. Aylesworth of National Broadcasting Co., all in Manhattan. The conversation was broadcast. After Senator Marconi had expressed confidence in trans-Atlantic telephone television, international broadcasting and had commented on the new radio station abuilding at Vatican city (TIME, April 21), said Dona Maria Cristina Bezzi-Scala Marconi to President Sarnoff: "Have you heard the news...
...Sarnoff: "I have. Is it a girl...
...Sarnoff: "Well, I hope it's whatever you want...
...were rumors that the centralization of control would result in the formation of a new super-holding company, there was nothing on the face of the transaction to alter the positions of Radio's Executive Committee Chairman Owen D. Young, or Chairman James G. Harbord or President David Sarnoff. Mr. Sarnoff said that the new arrangement would result in operating economies resulting in cheaper radio sets and tubes and that the stock transfer represented compensation for the patent and manufacturing facilities acquired. Meanwhile Oswald Schuette, executive secretary of the Radio Protective Association (anti-Radio Corp. radiomen) said that "this...