Word: buying
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Dates: during 1960-1969
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...most 10% of the airline's common stock and could fairly easily become the largest shareholder. Looking into Resorts, they found that it was largely a family affair run by Crosby, 41, and some of his relatives. Crosby in 1958 had taken over the Mary Carter Paint Co. ("Buy One-Get One Free"); he later bought most of Huntington Hartford's interests on Paradise Island and sold the paint-making part of the business. Resorts International appeared to be well managed, but more than half of its profits depended on roulette and craps tables. It had a call...
...dumb foot drag-gers-you in Detroit-what took you so long to know imports were going to hit a million?" Now the market is damn well defined, and you know what the market says: "Give me a hell of a good buy for two grand, will...
THAT is Ford Executive Vice President Lee lacocca's earthy account of a decision that will shake up the U.S. auto market well into the 1970s. This week Ford plants in St. Thomas, Ont., and Kansas City, Mo., begin turning out lacocca's "hell of a good buy." It is the much-trumpeted Maverick, first of Detroit's new line of small cars. List price of the Maverick...
...Britain, Ford has been a prime target of wildcat strikes that torment the country's economy and damage its deteriorating trade position. Last year Ford lost 1.2 million man-hours to "unofficial" walkouts, often led by only a handful of professional soreheads. Lately the company has hoped to buy its way out of the strike nightmare by offering its workers a simple tit-for-tat: extra money for no wildcat strikes. The result is a crippling strike against the no-strike clause...
Despite the proliferation of coin-operated laundries, nine out of ten U.S. housewives still do their wash at home. To brighten, if not lighten, their washday loads, they buy more than $1 billion a year worth of bleaches and bluing agents, starches and softeners, disinfectants and detergents. Now the home laundry market is churning with a new line of stain removers called enzyme pre-soaks. Competition in presoaks has locked two giant soapmakers-Procter & Gamble and Colgate-Palmolive-in a classic marketing battle. It has elevated their rival products, P. & G.'s Biz and Colgate's Axion...