Word: corp
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Dates: during 1960-1969
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Brown & Williamson Tobacco Corp...
Married. Judith Fisher, 22, granddaughter of a founder of Fisher Body Co., now a GM division; and Jack F. Chrysler Jr., 21, grandson of Chrysler Corp.'s founder; in a Roman Catholic ceremony; in Grosse Pointe, Mich...
Naturally, the competition is warming up. Last week Manhattan Management Consultant John Diebold, a leading evangelist of the computer and its potential, joined with Commercial Credit Co. and Bankers Leasing Corp., a subsidiary of the Southern Pacific railroad, to form Diebold Computer Leasing Co. The firm, which will specialize in leasing the latest third-generation computer equipment in the U.S. and Europe, starts with an impressive $85 million bankroll, of which Commercial Credit put up $75 million as a revolving loan. "We are set up to be the General Motors-in this field," says Diebold. "The whole thing is structured...
Beyond Control? With the 7% investment tax credit plus fast tax writeoff on their equipment, most leasing companies show quick profits in their early years. GC Computer, a Greyhound Corp. subsidiary and largest of the five leasing concerns listed on the American Stock Exchange, reported a 47% gain in earnings last year; the price of its stock jumped from 91 to 41 at one point during the spring surge. Levin-Townsend's earnings climbed mightily in the fiscal year ended in March, and its stock price rose from 12 at the end of December to as high...
When the world beats a path to his door, the run-of-the-garret inventor is apt to be about as calm as a Rube Goldberg machine going double time. Denmark's Karl Kroyer is a different sort. Last week, shortly after New York's Martin Marietta Corp. snapped up the rights to make a Kroyer-patented, skid-resistant highway surface called Syno-pal in the U.S., the Dane seemed downright bored. "To make an invention is an intoxication," said he. "But the rest -to make it work, start production and complete negotiations-is one big hangover...