Word: shared
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1960
Sort By: most recent first
(reverse)
...feeling that almost all U.S. allies seemed to share was the uneasy (and exaggerated) suspicion that Dwight Eisenhower-and hence U.S. foreign policy-would be in a state of drift from now until election time, and that the U.S. had already suffered a fall in prestige. French diplomats talked of "flottement" (vacillation) and the British of "vacuum." The politest way of expressing this was the London Daily Telegraph's feeling that Ike was a "consolidator," while Kennedy or Nixon would be "innovators." Under either Kennedy or Nixon, one ingredient of the Western alliance would soon be missing...
Compact Pangs. U.S. motorists found the new compacts just their size, and auto sales boomed. G.M. racked up an alltime record for the industry in the first half, with sales of $7.1 billion, earnings of $2.15 per share v. $2.08 in the first half of 1959. Though Chrysler's first-half sales were up 14% to $1.75 billion, earnings thudded from 1959's $6.65 per share to $2.69. The principal reason, explained Chrysler Chairman Lester Lum ("Tex") Colbert, who was also deep in other troubles (see below), was "lower profit margins on the economy-type cars." Ford felt...
...steelmakers, whose fast recovery from the steel strike led steel users to overbuild inventories in the first quarter, had a bad second quarter as orders fell off and production dropped below 50% capacity. Earnings of U.S. Steel were $3.35 per share in the first half of 1960, down from $4.50 last year. But Big Steel Chairman Roger Blough predicted a "modest and gradual rise" in output for the rest of the year, forecast that the mills would operate at 55% of capacity in the third quarter. Jones & Laughlin first-half earnings were $3.24 v. $5.31 in 1959. Bethlehem earnings dropped...
Other half-year earnings (per share...
Under the terms hammered out by United Air Lines President William A. ("Pat") Patterson with Capital Chairman Thomas D. Neelands Jr., Capital stockholders will receive one share of United common stock for every seven shares of Capital common, plus an option to purchase an additional i^ shares of United common at $40 per share within the next five years. All in all, since Capital seemed to be jet-propelled towards bankruptcy over its $33.8 million debt to Britain's Vickers-Armstrong Ltd. (TIME, April 25), the terms seemed generous. Said Pat Patterson: "I suppose we could have done better...