Word: corp
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Dates: during 1960-1969
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...core of Taylor's operations is the Toronto-based Argus Corp., named for the mythological Greek guardian who boasted 100 eyes. As the founder and president of many-eyed Argus, Taylor has made a specialty of applying his shrewd management skills to reviving faltering firms. Unlike investment companies that pop in and out of situations for quick profits, Argus gains working control of a company and stays on to guide it with its own hand-picked management team. It has brought a dramatic revival to Farm-Machinery Maker Massey-Ferguson (TIME, June 15), organized Dominion Tar & Chemical Co. into...
...level. Once discharged at that altitude, the gases will not fall for weeks or months, and the air in which they will be floating is so thin that a small amount of contamination can have profound effects. Physicists Jerome Pressman, William Reidy and Winifred Tank of Geophysics Corp. of America have calculated that 25 tons of fluorine can scavenge out of the earth's atmosphere all the free electrons that now make long-distance radio communication possible. Some 25,000 tons of hydrogen, which is soon to be burned in just such vast quantities, could screen...
Unaccustomed to that sort of guerrilla warfare, the British retreated in some order. They still keep their position in Zeckendorf Property Corp., an affiliate that they insisted be spun off from Webb & Knapp in 1961, where they are joint partners with Webb & Knapp with 47.5% each (the remaining sliver belongs to Alcoa). Zeckendorf Property has under way 13 promising urban development projects, including Manhattan's Lincoln Towers, and Zeckendorf plans to continue linking up with partners to build mw development projects-but to keep ouTsiders out of Webb & Knapp. He hopes that assiduous real estate trading can keep...
...days when electronics stocks were glamorous, few were more so than Transitron Electronic Corp. of Wakefield, Mass. Its stock went from 36 to 60 in six months, and its sales from $7.4 million to $47 million between 1956 and 1960. But when electronics dipped in mid-1961, partly because of fast-rising imports, none felt the shake-out so sharply as Transitron (which closed last week at 7⅜). And nobody had more trouble than its enterprising brother-founders, David and Leo Bakalar...
...Westinghouse Electric Corp. Chairman Gwilym A. Price, Coverdale & Colpitts Partner John E. Slater, New York Life Insurance Co. Executive Vice President R. Manning Brown Jr., former RCA President John L. Burns, former Harvard Business School Dean Donald K. David and former Standard Oil (New Jersey) Vice President Jay E. Crane...