Word: kodak
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...last as long as other people have talent," celebrated the ninth anniversary of his Sunday-evening variety show. When it seemed that the occasion would be blighted by the decision of his cosponsor, Lincoln cars, to cancel its share of the CBS show, Sullivan quickly found another, Eastman Kodak, eager to split the annual $10 million tab with Mercury cars. He also found a staunch defender when New York Herald Tribune Critic John Crosby wrote of his TV longevity: "There is a great lesson in this for all of us. But I'm damned if I know what...
...Lieut. General (U.S.A.F., ret.) Elwood Richard Quesada, 53, former vice president of Lockheed Aircraft Corp., was tapped as White House aviation adviser to replace Major General (U.S.A.F., ret.) Edward Peck Curtis, 60, who returns to Eastman Kodak Co. as vice president. "Pete" Quesada, who was wartime commander of the Ninth Fighter Command in Europe and boss of the thermonuclear bomb tests at Eniwetok in 1951, will quarterback the Eisenhower Administration's plans to work out a traffic control system for the commercial jet age. Last week the Senate Interstate and Foreign Commerce Committee took the first big step toward...
...figures came as timely support for the new air traffic plan drafted by Presidential Adviser Edward P. Curtis, vice president of Eastman Kodak Co. and former Air Force major general. The Curtis report calls for an all-weather, 24-hour control of all planes above a certain altitude, which would, in effect, control every commercial plane. To get the program started, the Administration last month sent to Congress the Curtis proposal for a three-man Airways Modernization Board composed of an impartial chairman and representatives of the Defense and Commerce departments. The technology and much of the equipment are available...
...Sinclair Oil Corp., Tidewater Oil Co., Standard Oil Co. (Ohio), Standard Oil Co. (Indiana) and Cities Service Co. announced their best earnings in history, with profits up anywhere from 8.5% to 29%. ¶Eastman Kodak Co., with gains in nearly all major photographic lines, reported record sales and profits for 1957's first quarter. Sales were up 5.4% to $163 million, while earnings rose 4% higher than in 1956 to $17.7 million. ¶ Federated Department Stores, Inc. announced a new record for the fiscal year ended Feb. 2. Sales jumped $63.7 million to an alltime high of $601 million...
With color photographs accounting for 30% of the market last year, U.S. companies had better film, new lines of inexpensive cameras for color fans, including a Kodak "Starflash" selling for as little as $8.50. As usual, the biggest news was the hot rivalry between German and Japanese cameramakers, which will make Americans the world's luckiest camera fans. From the Germans, whose 1956 U.S. sales ($8,600,000) were 14% of their total production, came subtle refinements of a product that dominated the world market for 30 years. From the Japanese, whose 1956 U.S. sales ($7,000,000) were...