Word: fonts
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Quarter-to-quarter wobbles aside, it seems obvious that Du Pont has finally broken out of a decade in which its sales more than doubled-to $7.3 billion in 1975-but earnings rose hardly at all. One reason is that the recovery is increasing demand for Du Font's famous products, nylon, Dacron, Lucite, Freon, Teflon and thousands of others. Another reason is the policy of Irving S. Shapiro, who became chairman...
...report-and it became evident that Wall Street had been looking at the wrong comparison. Sure enough, second-quarter profits, at $128 million, were 7% below the first quarter-but they were more than five times greater than a year earlier. Some analysts are now estimating that Du Font's profits for all 1976 will almost double, to about $11 on each share of common stock, and then rise another...
Perhaps more to the point, Du Font's department managers are being leaned on to produce profits. The near autonomy of yesteryear has been abolished through ever increasing central control. Says Shapiro: "No question, we're mean, tough s.o.b.s." The result: the giant of the Brandywine is paying less attention to laurels and more to cold cash...
...conjured out of her own imagination. Ultimately these intertwined fantasies knot themselves into a dilemma: the ghost of a Jewish poet orders her to choose between the "Creator or the creature. God or god. The Name of Names or Apollo." She chooses the Greek divinity and instantly becomes a font of Western literature. "Stories came from me then . . . none of them of my own making, all of them acquired, borrowed, given, taken, inherited, stolen, plagiarized, usurped, chronicles and sagas in vented at the beginning of the world by the offspring of giants copulating with the daughters of men." She becomes...
...great deal of time to commissions dealing with crime and delinquency, racial and religious discrimination and world hunger. Among the other chief executives who merit consideration by reason of experience, intelligence and conspicuous success in business and civic affairs are Deere & Co.'s William Hewitt, 61; Du Font's Irving Shapiro, 59; and Sperry Rand's J. Paul Lyet...