Word: eastmans
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Dates: during 1970-1979
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...industries in Citi-Bank's study, and the list of companies that have reported an after-tax earnings gain of 20% or more in the second quarter is impressive-General Motors, Ford, IBM, Sperry Rand, DuPont, Union Carbide, Caterpillar Tractor, International Paper, B F. Goodrich, Eastman Kodak and Zenith. Small firms in the same fields are often doing even better, according to Michael K. Evans, president of Philadelphia's Chase Econometrics, "'because they were hurt worse in the recession and so are starting from further back...
...Five of the companies are Control Data Corp., Eastman Kodak Co., Northwestern Mutual Life Insurance Co., Norton Simon Inc. and Time Inc.; each has an 18% interest. The sixth, Bradford Computer & Systems Inc., has 5%. The remaining 5% of capital was donated by the six corporations...
...greatly personifies his company that top executives at competing Kodak nearly always refer to the Polaroid Corp. as "he" or "him." Says Kodak Vice President Van Phillips: "Someday Edwin Land will be ranked with Thomas Edison and Alexander Graham Bell." He quickly adds: "And George Eastman" (the Kodak founder...
Nobody has watched Polaroid's growth with keener interest than the chiefs of Kodak, the Rochester giant built on George Eastman's first "little black box" in 1888. Kodak has undoubtedly lost ground to Polaroid but is still a mammoth company which had sales last year of $3 billion from photo products, synthetic fibers (Kodel) and chemicals...
...Eastman's successors are developing many innovative cameras of their own. Besides producing the new pocket Instamatics, which are expected eventually to outnumber the 60-million old-size units in use, Kodak in the last year has scored an important breakthrough in motion-picture photography. It has brought out two new 8-mm. cameras and a high-speed Ektachrome film that enable photographers to shoot movies indoors with no special lighting. In fact, the cameras produce adequate close-in pictures even when the only lighting is the candle power of a lit-up birthday cake. The bother of setting...