Word: dividends
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Dates: during 1970-1979
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...will help United reduce its dependence on federal contracts for 51% of revenues. Signal shareholders, who have seen earnings dwindle from $90 million in 1968 to $41 million last year, will start receiving dividends more than triple Signal's present 50? a share. Some Signal directors were reluctant to team up with United; the firm took a $44 million loss in 1971 because of difficulties in making the Boeing 747 engines. But United Aircraft's juicy dividend and Gray's indefatigable energy won them over. Signal President Forrest N. Shumway and Chairman William E. Walkup will join...
...Dividend Movement. The slaughter at the airport, cabled TIME Correspondent Charles Eisendrath, rose from the fact that "in important respects Argentina today resembles Germany just before Hitler. It has been ravaged by an inflation that has impoverished the workers and terrified the middle class. Fascists and Marxists have begun fighting in the streets. Millions of Argentines looked to the return of Perón for both change and national unity, but the battle near Ezeiza Airport shows that the Peronist movement is as deeply divided as Argentina itself...
...next step is for Chicago's people to respond to the plan in public hearings. Then the planners recommend that a limited-dividend company with public and private ownership be set up to hold land, coordinate the projects and raise most of the seed money-all tasks beyond the scope of ordinary developers. Initial funds could come from the sale of special revenue bonds. Later, income from completed projects could be used to underwrite more improvements elsewhere in the city...
...divided on how the industry can be revived. New York Stock Exchange officials are considering commission-rate increases; that might bolster brokers' incomes temporarily, but it seems a dubious way to win back customers. Many brokers would like the Nixon Administration to rescind its "voluntary" 4% guideline on dividend increases, so that common stocks can compete more effectively with bonds and other fixed-income securities. To win back investors who have turned to commodities for fast action, the American Exchange is considering a plan to allow trading in options, which are agreements to buy or sell a stock...
...board's selection of Solti. That choice was made, says Sudler, a Chicago realtor, on the basis of "just what a good businessman would do. First you get the best possible product, then you let the world know that you have the best possible product." The first dividend was a homecoming parade in 1971, arranged for the entire orchestra. It was enthusiastically promoted by Mayor Richard Daley, with Solti riding high and proud in a lead car-and not all that common in Chicago, folks actually carrying violins in their violin cases...