Word: hard-hitting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Some hard-hit industries were naturally taking more time than others to climb back to pre-recession levels. Yet even in oils, still beset by political troubles abroad and price problems at home, the fourth-quarter pickup was strong enough to cause Chairman K. S. Adams of Phillips Petroleum to predict: "If present trends continue, both gross and net income in 1959 will be the highest in the company's history...
...hard-hit railroads were steaming back fast. Chesapeake & Ohio earned $51.7 million or $6.36 a share in 1958-the fourth best net in its 122-year history. Atchison, Topeka & Santa Fe earned $5,139,849 in November compared to $3,659,613 a year earlier, and New York Central made $2,633,054 in November against a loss of $1,894,625 a year earlier...
...United Fruit, citing fruit damage from wind storms, cut its dividend from 75? to 50?. American Telephone & Telegraph declared the same $2.25 quarterly dividend it has paid for 37 years, despite a spate of rumors of a raise. But stockholders have fared well this year despite dividend cuts in hard-hit industries. The New York Stock Exchange reported that cash dividends on common stocks for the first three quarters set a record high of $6.4 billion, up $11.2 million from...
...began pulling out of its recession last spring, Democrats still made hay by labeling the G.O.P. as the Depression Party. But by last week, with signs of returned prosperity plain on all sides, the economic issue no longer cut so sharply into Republican chances. Thus, in hard-hit West Virginia, a Democratic poll taken last May showed 73% listing recession as the top political issue; this month the same poll showed recession tumbling to 49%-alongside the state's road-building program, at 48%. Similarly in New Jersey, Republican Senate Candidate Robert Kean's prospects have improved...
...hard-hit auto industry, how many auto workers will be rehired depends partly on how well the 1959 models sell. Automakers are moving into volume production much more cautiously than in past years, employing far fewer workers. Ford says that it will roll into full production with 106,000 workers, down from last year's 140,000. While General Motors was mum on its payroll, the United Auto Workers estimated that G.M. will swing into full production of the '59s with 300,000 to 325,000 hourly rated workers v. an average of 392,000 in the last...