Word: forded
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Dates: during 1950-1959
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...scramble got even worse when Ford filed a preliminary registration statement with the Securities and Exchange Commission. The statement revealed that the Ford Foundation will float the biggest common-stock offering in U.S. history: * 10.2 million shares, instead of the 6,900,000 originally planned. Estimated maximum market value: $765 million. For the first time in its 52-year life, Ford also revealed the innermost secrets of the company...
...Ford's sales in 1954 totaled $4,062,000,000, making it fourth biggest U.S. industrial corporation (behind General Motors, Standard Oil Co., N.J., and American Telephone & Telegraph). Ford's 1955 sales will be even bigger: the total for the first nine months of the year was $4,042,600,000. Dividends in 1955 were equivalent to $3.27 a share of the capital stock to be outstanding next month, and Ford plans to start the new stock off on a $2.40-a-share yearly basis...
Long Climb. In terms of assets, Ford ranks fifth in the U.S. with $2,483,000,000, under the three sales leaders and fourth-ranking ($3,348,000,000) U.S. Steel Corp. On both counts Ford is the second largest U.S. automaker...
...Ford reached this summit after a decade of steady climbing. In 1946, on sales of roughly $900 million, it lost $8,000,000. It rode into the black the next year with a net income of $63 million, almost quadrupled the figure by last year with $228 million. Passenger-car and truck sales last year were 1,991,000, or 30% of the U.S. auto industry's total v. G.M.'s 50% and Chrysler's 13%. In the first nine months of this year, net income of $312 million was well above last year...
...nine years and nine months ended Sept. 30, Ford spent $1,334,200,000 on plant and equipment, not counting the cost of retooling for new car models each year. It plans to spend $960 million more on expansion and modernization over the next two years...