Word: corpe
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
THREE-WAY MERGER will put Weyerhaeuser Timber Co., biggest U.S. lumber producer (but second to diversified Crown-Zellerbach in overall business) into the finished-container field for first time. In face of sagging U.S. lumber sales, Weyerhaeuser will absorb Chicago's Eddy Paper Corp. and New Jersey's Kieckhefer Container Co. in $200 million stock swap, emerge as fully integrated lumber-pulp-container producer, with annual earnings of about $65 million...
EXOTIC-FUEL DEAL will put Gulf Oil Corp. into new field of high-energy jet and missile fuels. Gulf is buying 25% of Gallery Chemical Co., developers of promising "HiCal" boron fuel (TIME, March 18), will start joint research and production program...
...Morse & Co. left everyone still in suspense. In Chicago last week, the company's annual meeting was held as scheduled, but it produced no winner. Led by President Robert H. Morse Jr., F-M's management hurled a lawsuit against Financier Leopold Silberstein and his Penn-Texas Corp., alleged that Silberstein acquired thousands of F-M shares and voting rights "illegally" through Swiss banks and other mysterious sources (TIME, March 25), is not entitled to vote them. Hearing the preliminary arguments, a U.S. District Court halted further proxy solicitation by either side, and impounded all proxies until...
Alongside such oldtime giants as General Electric and Radio Corp. of America, Texas Instruments Inc. is a lusty newcomer in the U.S. electronics industry. But it can hold its own in any competition. Launched in electronics at the close of World War II, the Dallas company by 1954 was a major military producer of germanium transistors as tiny substitutes for standard electronic tubes. Soon after, it produced an even better silicon transistor for military use, then swept into civilian markets with its germanium transistor for the fast-growing pocket-radio and industrial-computer fields. Last week Texins set its sights...
Like two consulting doctors, Speculator Louis Wolfson sat down last week with American Motors Corp.'s President George Romney to see what could be done about the ailing auto company. After the conference Wolfson, biggest single A.M.C. stockholder (350,000 shares), announced that he had turned down a directorship because he is too busy with his other affairs. But he will keep on buying more stock, "based on Mr. Romney's confidence that A.M.C. will be operating profitably in early 1958." Wolfson committed himself to vote for Romney at the annual meeting next February, even sent Romney home...