Word: fifteenfold
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...called back-door listing on the Hong Kong exchange, a procedure in which an existing public company is bought and renamed. (This evades the exchange's rule that a company must have two years of profits before it can list.) CyberWorks inherited the Cyberport project, and its shares increased fifteenfold on its first day of trading...
...More List. As Brazil's President from 1956 to 1961, Kubitschek raised farm and livestock output 37.9%, steel production 100%, aluminum production tenfold, oil production fifteenfold; he built the auto industry from scratch toward its present level of 174,000 units a year, added thousands of miles of roads and the new $600 million inland capital of Brasilia. But he also touched off an inflationary spiral and made many enemies with his damn-the-cost drive. After he left office, rumors of corruption constantly swirled around his administration; so far, however, there has been no proof...
...shelter sales are going to solidly established concerns such as Chicago's Wonder Building Corp., whose shelter division is headed by former U.S. Civil Defense Chief Leo A. Hoegh. Says Hoegh: "We, have already sold 5,000 shelters this year, and our volume must now be ten-to fifteenfold over a year ago." Wonder Building offers four all-steel models ranging from $395 to $995. With one plant already working around the clock, Wonder will open a second Chicago factory this week, is laying plans for others in Ontario and on the West Coast...
...more for local colleges in 1960 than the entire national church did in 1940. Gross raised a $300,000 annual scholarship kitty, a student loan plan that hands out $850,000 a year. Passing the plate each February on "Race Relations Sunday," Methodists boosted gifts to their Negro colleges fifteenfold. With such new money, Gross has already won full accreditation for all but one Negro campus, Rust College in Mississippi...
...drop in net (to $13' million) and Studebaker's six-month profit was halved (to $7,600,000). Brightest spot in the automotive field: the newly revitalized Mack Trucks (TIME, Feb. 19), whose net soared from $64,000 to $1,900,000, even though taxes jumped nearly fifteenfold...