Word: inces
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Dates: during 1960-1969
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...Syracuse University and Rutgers Law School, he became a partner in the New York City law firm of Cooper, Ostrin, De Varco & Ackerman in 1957, specializing in mergers and acquisitions. In 1962, he decided to try his own hand at the business. He bought controlling interest in Perfect Photo Inc., later merged it with three other firms: United Whelan Corp., a drugstore chain; Hudson National Inc., a mail-order firm; and Equality Plastics Inc., a consumer-products-distribution company. The profit-making result was Perfect Film & Chemical Corp., a New York company engaged in film processing and mail-order sales...
...Passaic, N.J., banker who was a longtime friend of Brush, Laporte became an American Home sales trainee in 1938, after graduating from Princeton and Harvard Business School. Under his leadership, American Home has stepped up diversification. In 1965, the company bought Chicago-based Ekco Products Inc. for $145 million, thus became the world's biggest maker of pots, pans and other kitchen utensils. Then it outmaneuvered Consolidated Foods in a race to acquire candymaking E. J. Brach & Co. It was a sweet victory: Brach's sales jumped 14% last year to $10 million...
...Gardner has been chary about committing his talents to a single position. Instead, he has accepted jobs as a consultant to the Carnegie Corporation (of which he was president before becoming HEW Secretary in 1965), as a director of Time Inc., and as chairman of the national Urban Coalition, an amalgam of civic leaders dedicated to combating the ills of the cities. Last week the onetime college psychology instructor took on a university assignment as well. Starting next fall, he will be a visiting professor at the Massachusetts Institute of Technology, commuting from Washington to Cambridge to consult with faculty...
...Textron Inc., the big conglomerate exceeded its record 1967 first quarter with sales of $380 million (up 124%) and earnings of $15.8 million (up 14.7%). Another conglomerate, Tenneco Inc., reported a 4% rise in earnings...
...which to choose. Most companies test their products on their own cats and dogs. At its pet-care center near St. Louis, for example, some 450 dogs and 250 cats slurp and chew Purina pet foods. Sniffing a trend toward "gourmet" dishes for discriminating dogs, Voila Foods for Pets, Inc., was founded this year to market burgundy beef in gravy and beef-kidney stew...