Word: imperiale
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Dates: during 1960-1969
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Star Performers. Earnings after taxes of the top 100 slipped from an average 4.6% on sales in 1960 to 4% in 1961−roughly the same as the U.S.'s top 500. Profits of the 16 biggest foreign automotive companies fell 10.2% despite an 8% sales increase. A notable...
With such strength, Cotton has little difficulty in borrowing from large British insurance companies. But his usual method of financing is to form "development partnerships" with outfits that have land or funds to invest (among them: Unilever, Imperial Tobacco, Oxford's Brasenose College). The partner supplies most of the...
Asleep in his mother's arms throughout his first press conference, the three-week-old Earl of St. Andrews was soundly pro claimed by Fleet Street's eagle-eyed editors to look just like his dad. Son of Prince Edward and Katharine, the Duke and Duchess of Kent...
Hung Up to Dry. To Idemitsu, who champions the cause of keeping Japan's "racial capital" intact, all other major Japanese oil companies are somehow tainted because Western companies hold substantial interests in them. Idemitsu stock is owned 40% by the Idemitsu family and 60% by the company'...
Then Imperial Chemical Industries Ltd. launched its bid to win control of Courtaulds (TIME, Feb. 26). Sir Alan, who had previously been engaged in secret merger talks with I.C.I., found himself under pressure from Courtaulds' board to fight back. He managed to defeat the I.C.I, bid, but felt that...