Word: halfe
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...products. The reason is that steel users, having stockpiled a record 36 million tons in anticipation of a strike that never came, will be working off their inventories before placing new orders. The rush of hedge buying, of course, did give the industry a big lift during the first half of 1968. U.S. Steel last week reported earnings for the first six months of $128.5 million, an increase of 52% over 1967. Bethlehem's six-month profits were up 41%, to $93.6 million, a fact duly noted by the President...
...industry seems certain to face a far rougher second half. New orders had begun tapering off even before last week's settlement, and some steelmakers expect second-half shipments to decline by more than 20% from their first-half level of 53 million tons. The industry is also concerned about competition from foreign steelmakers, who increased their inroads into the U.S. market by taking advantage of the abnormally high domestic demand for steel earlier this year. Steel from abroad is expected to account for at least 15% of the nation's total 1968 shipments...
...hottest stocks on the Big Board in recent weeks has been that of Atlantic Richfield-and in this instance there has been some logic behind the heat. Last May the company announced that it was splitting its stock two for one and increasing its dividend. Its first-half sales of $840 million were up 15.5%, and earnings were up 14% to $70 million. On top of that it has, with Humble Oil, confirmed an oil find on the North Slope of Alaska that Interior Secretary Stewart Udall calls "apparently the largest in the history of the country...
...were alive today, Brisbin would have to be more politic. At the least, he would find trading in D. L. & W. shares suspended until he provided the appropriate information; at the most, the stock would be delisted. To protect the individual investor, who accounts for about half the shares traded, the stock exchanges have moved to order that more and more corporate information be made available. The New York Stock Exchange's board of governors recently expanded its Timely Disclosure policy to provide that merger negotiations, if they are known to a few, must henceforth be disclosed...
...Aluminum Co. of America was the only major member of its industry to report earnings gains for both the second quarter and the first half. Second-ranked Reynolds Metals' quarterly profits fell 21%, while Kaiser Aluminum's were down to 85? per share, from 95? a year ago. Alcoa's second-quarter profits, however, rose 7% to $28.8 million ($1.31 per share) from $27 million ($1.23 per share...