Word: co
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Dates: during 1950-1959
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Ford Motor Co. is making a strong comeback. Fourth-quarter profits will be so fat that they will wipe out a nine-month loss of $16.2 million, put the company well into the black...
KOHLER FAMILY FEUD is splitting the bathroom-fixture family. Nephew Walter J. Kohler Jr., onetime (1951-57) Governor of Wisconsin, charges he lost $214,156 when he sold his Kohler Co. stock to company in 1953, says that Kohler Co. gave "untrue statements" about its real value; he is suing for return of money. But Uncle Herbert Kohler, boss of company, says Walter was just an unknowing seller, should have asked the right questions before he sold...
COLGATE-PALMOLIVE CO. is close to buying Buffalo's Wildroot Co., Inc., makers of hair tonic, for about $10.5 million. Wildroot, which has been talking merger with several companies, reports: "The Colgate deal looks good...
...Belgians have offered the tax holidays or interest-free loans that many industry-hungry nations dangle as bait to U.S. firms. But they do offer other advantages, topped by free convertibility. "There is no trouble here in transferring dividends,'' says the chief of Guaranty Trust Co.'s Belgian branch, Elie Delville, a pioneer in the campaign to boost Belgium to U.S. businessmen. "You can walk into this office today with Belgian francs, and without formalities buy $1,000,000 for delivery in New York...
...hand, the Dutch trumpet low wages (industrial average: 57? per hour), which are on a par with those in Italy, almost 20% below wages in Germany, more than 25% below rates in Belgium, France, Britain. But Belgium has a ready rebuttal: higher productivity. Reports the Organization for European Economic Co-Operation: "The Netherlands started from a lower base and has improved productivity more, but it has still not caught up to Belgium...