Word: broadening
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Dates: during 1950-1959
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...Secretary-General Dag Hammarskjold cut short a Latin American tour to fly back to New York for an emergency session of the U.N. Security Council. While Moscow burbled of a "thaw in the cold war," new Communist aggression in Laos had plunged Asia into a crisis that, unchecked, might broaden, Korea-style, into a major conflict...
...JONES AVERAGE will add four companies (Anaconda, Swift, Owens-Illinois Glass, and Alcoa) to industrial index, drop four (American Smelting & Refining, Corn Products, National Steel, and National Distillers & Chemical) to broaden number of industries represented among 30 stocks that comprise list...
...Jones & Laughlin Steel Corp.. helped reorganize Raytheon so effectively (TIME, June 23) that earnings rose to $3.08 per share last year from 45? per share in 1956. At I. T. & T. (1958 sales: $635 million) Geneen will be given full sway to build the company's profits, broaden its consumer and industrial electronic business...
There was a real danger that the U.S.British-French united front that Herter mortared together at Paris a fortnight ago (TIME, May 11) might show cracks under the stresses of Soviet probing. And the Soviet delegation, headed by tough Andrei Gromyko, would be ready to broaden and exploit any Western fissures. Even before the conference got under way, the Russians started the probing by demanding a conference-table seat for the East German puppet government. And while Nikita Khrushchev genially popped over to inspect the U.S. exhibit abuilding for the Moscow fair last week, the West caught an echo...
...Wall Streeters and nearly all stockholders like splits. A split produces an optimistic psychology among investors; it seems to promise that things are going well with the company, especially when the split is accompanied by a hike in the dividend. Corporations like splits because they keep the price low, broaden the market for their securities. Many an investor would rather buy 100 shares at $15 a share than ten shares at $150. Atlantic Refining was selling at $86 and losing stockholders when it split its stock in 1952. In the following few months its list of stockholders increased...