Word: annually
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...State of the Union address, then failed to press for it. Ten months ago he demanded a 10% increase, but a recalcitrant House coalition, led by Ways and Means Chairman Wilbur Mills, would not yield without parallel cutbacks in Government outlays. Meanwhile, consumer prices were advancing at an annual rate of 4%, more than twice the average of the early '60s. The gross national product was bubbling toward the $850 billion level, up some $65 billion from last year. Interest rates soared. On top of a $20 billion-plus federal-budget deficit in the fiscal year ending this month...
...over his father's small stove business in 1946, Zanussi began expanding into other consumer lines, perceived the tastes and sales rhythm of Italians keenly enough to anticipate the postwar surge. Today, everything from refrigerators to TV sets emerges from the family-owned Industrie A. Zanussi, with an annual sales total of more than $100 million...
...last week, as some 500 of the company's 52,000 bewildered stockholders gathered for their annual meeting in Manhattan, A. & P. was in a first-rate tempest. With their stock crushed down from its 1961 peak of $70 (it closed last week at $26.75), A. & P. shareholders have long been restless over the company's declining (now 18%) share of grocery-chain sales. Last year its profit of $56 million (on sales of $5.4 billion) was off a bit from the previous year, despite Jay's robust prediction that earnings would be "running at a record...
...annual meeting, Chairman Alldredge snapped that such allegations are simply "not true." Relatively youthful (56) in A. & P. terms, Alldredge came up through storeside ranks, was named president in 1963, became chairman in 1966, and two weeks ago was given Jay's key title of chief executive officer. Parading a new management team, including fledgling President William J. Kane, 55, Alldredge promised "a fresh start...
SINCE the "Fortune 500," which ranks the nation's largest companies according to sales, first appeared in 1954, corporations on the list have moved up, down, on and off faster than naughty debutantes move out of or back into the bluebook. Last week FORTUNE published its 14th annual 500, and, with the urge to merge rampant everywhere, the ranks were more scrambled than ever...