Word: forecasts
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Dates: during 1960-1969
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...company is engaged as a major subcontractor on the McDonnell F4, the Boeing 747, the SST, and it is working with West German designers on what could be a multibillion-dollar verticaltakeoff and landing aircraft. With such projects under way, Fairchild President Edward G. Uhl's forecast of doubled sales within the next six years seems somewhat conservative...
...role in addition to his own duties, but will now be able to relinquish the chair. Since he took charge 22 months ago, Grand has pulled Olin Mathieson's disparate operations together into five groups, expanded its operations in 70 countries. At the time he assumed power, he forecast that the corporation would exceed $1 billion in annual sales by 1967; last week Olin Mathieson reported a 19% gain in sales, to $1.1 billion...
...President Jack T. Conn of the American Bankers Association, who called the ruling "wonderful." But not Saxon, who became co-chairman of the American Fletcher Na tional Bank & Trust Co. of Indianapolis after his term as comptroller expired last month. Saxon scoffed at Clark's opinion as "superficial," forecast a new wave of litigation over branching laws, criticized the way the Government had defended his position. "The original brief prepared in our office was masterly," he said, "but it was emasculated by the Solicitor General's office. This case went down by default...
Because housing responds with glacial torpor to such conditions, the prospect is that fewer homes will go up next year than in 1966. At its annual convention in Chicago last week, the National Association of Home Builders forecast a 10% decline, to 1,100,000 starts. The Commerce Department ex pects a drop of as much as 14%, to something between 1,050,000 and 1,150,000 new units, in either case the lowest number of starts since...
...White Paper blackened everybody's holiday mood. Unions were upset because the government's policy for the next six months calls for generally continuing the freeze on wages. Businessmen were mad because theoretically the clampdown continues on prices as well, and the authoritative magazine Management Today has forecast that profits in 1967 will drop 12½%. Corporate chiefs cannot understand how the government expects them to increase investments while profits and consumer demand are weakening. And economists are none too happy because the policy for next year has so many discriminatory exceptions that it threatens to frustrate...