Word: wider
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...usually find themselves with more stockholders. They like this because widely scattered ownership gives more stability to the stock price and allows it to reflect the company's earnings performance more precisely, rather than to flutter at every new headline. In addition, a split gives the company a wider base on which to draw for new capital. A.T. & T. is raising $1.2 billion by giving its 2,250,000 stockholders the right to buy additional shares of its common stock at a special price. Such companies as General Motors and RCA, which have many consumer products to sell, like...
...Pont is using a shrewd strategy in marketing its material. To establish reliability and chic, it has deliberately had the material put into higher-priced shoes-usually $20 and up. Once Corfam's prestige is established, Du Pont will gradually lower its price to embrace ever wider markets, moving next year into the $17-$20 shoe range. By next spring it also expects to enter the profitable children's field, where Du Pont already has a thriving competitor in tiny Arnav Industries of New Jersey, which is making a roughly similar material of its own for children...
...last month, the market has become both healthier and broader. Trading volume has increased by 25%, and buyers are giving their support to a wider range of stocks. Big investors are showing a fresh interest in the long-dormant capital goods issues-metals and machines-but are also continuing to buy the popular consumer goods stocks. There seems good reason for strength in both. Last week, reporting on its quarterly consumer survey, the University of Michigan revealed that the U.S. consumer's optimism and inclinations to buy are at a seven-year high. At the same time, Ford...
...typical catalogue buyer in 1964 is an urban dweller, shops by telephone rather than by mail or drops in at special catalogue stores that deliver merchandise quickly from a central warehouse. The customer profits by lower prices and a wider selection than most stores can offer, and companies are attracted to catalogue selling by the saving in inventory, rent and labor costs. A company expects to glean an average of $35 in sales from each big book, which costs $2 to produce and may contain as many as 140,000 items-from a Mexican burro to the 1928 Model...
...with some reluctance Monk became "the High Priest of Bebop." The name of the new sound, Monk now says, was a slight misunderstanding of his invention: "I was calling it bipbop, but the others must have heard me wrong." When bop drifted out of Harlem and into wider popularity after the war, Monk was already embarked on his long and lonely scuffle. Straight bop? which still determines the rhythm sense of most jazzmen?was only a passing phase for Monk. He was outside the mainstream, playing a lean, dissonant, unresolved jazz that most players found perilously difficult to accompany. Many...