Word: corps
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Dates: during 1950-1959
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...points in the week, led downward by the electronics stocks. Electronics manufacturers were flying high; Texas Instruments reported alltime-high second-half earnings of $1.62 per share v. 66? last year. Its stock dropped 20⅜ points during the week to close at 126⅛. Volatile Fairchild Camera & Instrument Corp. announced first-half earnings of $1.61 per share v. a $104,000 loss last year, but its shares fell 23 points...
...Donner reported that corporate sales of $3.3 billion in the second quarter were the second best in history for that period (best: igss's $3.4 billion). G.M.'s first-half earnings climbed to $2.08 per share, v. $1.17 in the same period last year. Westinghouse Electric Corp. showed how well it had stepped up efficiency under President Mark W. Cresap Jr., raised second-quarter earnings to a record $1.12 per share, through operating economies that overcame lower sales. For the first half, Westinghouse earned $1.92 per share, v. $1.70 last year. Cresap and Westinghouse Chairman Gwilym A. Price...
...each weekday, two Cadillacs purr up to the front and rear doors of the modern, lawn-surrounded factory of the Kaynar Corp. in Los Angeles. Brainy, lightly muscled Kenneth Reiner. 43, Kaynar's president, gets out at the rear door. Brawny (5 ft. 8 in.. 165 Ibs.), outgoing Frank Klaus, 44, vice president and treasurer, gets out at the front. Each is careful not to meet the other...
With the remains of their candy cash, they rented a small, windowless garage in downtown Los Angeles, started the Kaynar Corp. in 1943 on the strength of an order for bolt retainers from Ryan Aeronautical Co. They picked up machinery at auctions, set up a profitable, 24-hour operation, spelling each other at the machines. When war's end grounded the aircraft nut-and-bolt business, Engineer Reiner invented the Lady Ellen Klip-pie, an improved woman's hairclip that has captured 90% of the market. Later, he invented the Kaylock nut, a self-locking aircraft...
Pinless Diapers. Diapers fastened with tabs of Velcro, a nonmetallic. Zipper-like fastener made of tiny nylon eyes and hooks (TIME, Sept. 8), will be put on sale by the Riegel Textile Corp. of Manhattan. Adjustable in size, the diapers can be secured by pressing two tabs together. Price: $3 for a box of three...