Word: eastmans
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Dates: during 1970-1979
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Shareholders had more than the new Polavision system to cheer about. The company's instant still-picture cameras, including the Pronto line (the cheapest sells at discount for less than $50) introduced about a year ago, are doing very well. They have prevented archrival Eastman Kodak, the giant of U.S. photography with sales of $5.4 billion, from grabbing as much of the market as expected in its first year in the instant-camera field.* Polaroid's 1976 sales of $950 million missed the magic billion-dollar mark by a shutter click, and its first-quarter 1977 profits jumped...
Many Did Well. Yet for each downbeat performance, there were many companies that did well. Xerox, struggling against stiff competition in the copier field from Eastman Kodak, IBM and Savin, posted a 12% earnings rise, to $91.6 million, about equal to total company revenues 15 years ago. American Telephone & Telegraph, which last year became the first U.S. company to earn more than $1 billion in a single quarter, did it again in the recent quarter. Earnings were $1.09 billion, up 26%. Polaroid, expected to introduce its long-awaited instant movie camera at its annual meeting this week, earned $14 million...
Died. Williamson Stuckey, 67, who parlayed a $35 loan from his grandmother in 1931 into a nationwide chain of candy shops and restaurants; of an internal hemorrhage; in Eastman, Ga.Stuckey began his business by buying pecans from local Georgia farmers and, with his wife as cook, providing roadside sweets for motorists. The Stuckey chain, which was sold to Pet Inc. in 1964, now numbers more than 300 stores...
...Duke, Kreps specialized in manpower demographics-the structure and composition of the labor force-with particular emphasis on women and the aged. Appointed first woman director of the New York Stock Exchange in 1972, Kreps also broke the sex barrier in the board rooms of Western Electric, Eastman Kodak and J.C. Penney...
...became a professional photographer after selling some pictures of Mick Jagger and the Rolling Stones. Eventually Linda Eastman McCartney clicked even better with other rock musicians-as a backstage photographer at the Fillmore East in New York and with Beatle Paul McCartney, whom she married in 1969. Linda is still snapping friends and performers, and her work appears in a new book titled Linda's Pictures. "I'm not what you'd call a 'big deal' photographer," she cautions would-be buyers of the $25 album. "I just have a camera, and I take pictures...