Word: kodak
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Move on the Rise. To the sharp eyes of Wall Street, any company with steadily rising earnings and a stock price ranging upwards of $75 per share is ripe for a split. On the Big Board today at least 50 companies fill these specifications, among them Du Pont, Eastman Kodak, G.E., Jersey Standard and Corning Glass. As the stock market continues to rise, even more companies will become split candidates. While splits in themselves do not give a stockholder any more than he already has, Wall Streeters love them because they usually represent a management declaration of confidence that very...
...Gevaert Photo-Producten, also the world's biggest producer of X-ray film, and Germany's Agfa, Europe's biggest camera maker, which will join in a company that will control 12% of the world's photo business, more than any other firm except Kodak...
Look and its partners in the enterprise, Eastman Kodak Co. and Harris-Intertype Corp., which built the equipment that adds the plastic lens coat, have high hopes of commercial success. Cowles Magazines & Broadcasting, Inc., Look's parent company, plans to establish a separate corporation, to be called Visual Panographics Inc., to sell its 3-D process to greeting-card manufacturers, display-art companies and anyone else willing to pay the price in money and time for an unspectacled illusion of depth...
Researchers in the labs of Monsanto Chemical Co. have learned to turn out a mouth-watering layer cake, but it is better to look at than to eat. Baked right into it are a quartz rod and a telescope. These two ingredients make it possible for a Kodak movie camera posted outside the glass oven door to take pictures of just what goes on inside a baking cake. Monsanto, a producer of leavening agents tor cake-mix companies, designed the study to discover the best leavening combination for each mix. Its experiment is just one of the hundreds of ways...
...profit-sharing funds in P.&G. stock, last year paid out $17 million. Sears, Roebuck invests from 5% to 10% of profits in its plan, which is now worth $1.7 billion; Sears employees who retired last year drew an average of $64,496 each. Such large firms as Eastman Kodak, the S. C. Johnson Co. (Johnson's Wax), Merrill Lynch and the Bank of America have plans, and this year's converts to profit sharing include Montgomery Ward...