Word: corp
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Dates: during 1960-1969
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...Quote system, built by Teleregister Corp. of Stamford, Conn., is based on a relatively simple computer that records all the figures reported from the floor of the exchange and holds them available for questioning. From the broker's telephone, an extra line runs to the computer. After pressing a button to activate the line, the broker merely dials the code numbers of the stock in which he is interested. In a second the computer answers in a toneless but pleasant voice. It repeats the stock's code letters, then gives the latest information-the bid price, the high...
Cruises come in all shapes and sizes, from the Caronia's annual round-the-world ($2,875-$ 14,000) to Eastern Steamship Corp.'s all-expenses weekend sprees starting at $59 between Miami and Nassau. There are special cruises emphasizing bridge (with Charles Goren), culture (Japanese brush painting and photography). And for the "adventurous"-meaning those with a hankering for hardship, seamanship, courtship or strong drink-there is something called a "Windjammer Cruise...
...looking only for new issues." One of the signs of the instability of 1961's runaway bull market was the ridiculous kiting that amateurs gave any new stock that came out. Today each one gets a cold eye, and wild successes are few. One pending exception: Communications Satellite Corp., the first blue chip of space, which last week set the price of its stock (expected to be issued in June) at $20 per share. Brokers were immediately swamped with orders, and many turned down all but their own customers...
While the U.S. auto industry speeds toward its first 8,000,000-car-sales year, the only U.S. automaker failing to share in the boom is the one that needs it the most: American Motors Corp. Sales of its Big Three competitors have risen 1% above last year's level, but American Motors has so far sold 8,800 "fewer cars this year than last. Last week AMC announced a 17% drop in earnings for its first fiscal half at a time when the other car makers are setting new profit records. So many Ramblers remain unsold that cigar...
With the aid of a $5 million grant from the International Business Machines Corp., the University will undertake a ten-year program of studies of the social impact of technological change and automation...