Word: eastmans
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Move on the Rise. To the sharp eyes of Wall Street, any company with steadily rising earnings and a stock price ranging upwards of $75 per share is ripe for a split. On the Big Board today at least 50 companies fill these specifications, among them Du Pont, Eastman Kodak, G.E., Jersey Standard and Corning Glass. As the stock market continues to rise, even more companies will become split candidates. While splits in themselves do not give a stockholder any more than he already has, Wall Streeters love them because they usually represent a management declaration of confidence that very...
Captain Newman, M.D. is a colossal, Eastman-Colored recruiting poster that makes a peculiar proposition: join the Air Force and see a psychiatrist. Unhappily, the Air Force turns out to be the same old Hollywood Air Farce; the psychiatrist (Gregory Peck) too often acts as if Captain Newman were Private Hargrove; and the moviemakers seem relentlessly determined to popularize psychosis. In this picture, paranoia is personable, sadism is scenic, catatonia is cute, and life on the funny farm is fun, fun, fun! It's fun to be truth-drugged by Psychiatrist Peck, a living doll of a twitch doctor...
Look and its partners in the enterprise, Eastman Kodak Co. and Harris-Intertype Corp., which built the equipment that adds the plastic lens coat, have high hopes of commercial success. Cowles Magazines & Broadcasting, Inc., Look's parent company, plans to establish a separate corporation, to be called Visual Panographics Inc., to sell its 3-D process to greeting-card manufacturers, display-art companies and anyone else willing to pay the price in money and time for an unspectacled illusion of depth...
...profit-sharing funds in P.&G. stock, last year paid out $17 million. Sears, Roebuck invests from 5% to 10% of profits in its plan, which is now worth $1.7 billion; Sears employees who retired last year drew an average of $64,496 each. Such large firms as Eastman Kodak, the S. C. Johnson Co. (Johnson's Wax), Merrill Lynch and the Bank of America have plans, and this year's converts to profit sharing include Montgomery Ward...
Itek's civilian sales are also looking up. Recently it introduced an office copying machine that, using Eastman Kodak patents, can make four offset printing plates a minute from almost any kind of original copy. Some 500 of the machines have been sold at prices...