Word: squeezees
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Therefore the prognosis for fiscal 1959 runs like this: 1) revenues, held down by the leveling of business and the cost-squeeze on profits, will not advance beyond current levels of about $73.5 billion a year; 2) spending will hit $72 billion or go higher. As of now, there is...
The decision meant that while the U.S. will honor its existing contracts to buy uranium concentrate from mills, it does not intend to sign any new contracts that would appreciably increase production. Thus, after ten years of an all-out program to expand uranium mining. AEC put on the squeeze...
The primary purpose was to supply kip to pay and support the army. But in the two years since then, as the U.S. steadily broadened its aid program, the free rate has soared as high as 120 kip for $1 in the markets of Vientiane, Bangkok and Hong Kong. The...
Some of Canada's key industries felt a painful squeeze. Automobile sales for the first eight months of the year were off 6%. Newsprint production declined in September and was expected to dip further in the final quarter; higher production costs had trimmed paper-company profits by 20% to...
For many companies, it was an effort to squeeze out profits comparable to still generally rising sales volumes. Union Carbide Corp., for example, raised its sales 7% (from $331.3 million for the quarter to $355.5 million), but was able to eke out only a 1.2% increase in earnings (from $33.6...