Word: loews
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...England premiere of the film will be Dec. 25 at the Circle Theater in Brookline. The world premiere will be Dec. 17 at the Loew State Theater in New York City...
...Amerada Hess Corp. 20½ 36⅛ 76.2 Great Western Financial 12¼ 21½ 75.5 Imperial Corp. of America 7⅛ 12½ 75.4 Belco Petroleum Corp. 10½ 18⅜ 75.0 Gibraltar Financial of Calif. 11¾ 20⅜ 73.4 Xtra Inc. 13⅜ 22⅜ 67.3 Loew's Theaters...
...scarcity and high cost of money in the U.S. have barely affected the overseas hotel surge. Both Hilton and Inter-Continental use local partners as sources of funds. Loew's followed that pattern in London by taking a lease on the Churchill, a luxurious hotel that opened last month. Sheraton is building a 1,200-room luxury hotel in Munich as part of an $865 million expansion program backed by the huge resources of its parent, International Telephone and Telegraph. Sheraton's 1,000-room hotel in Paris' Montparnasse, due to open in 1974, will be France...
...increasingly elastic. Tax laws give companies great latitude in deciding how to treat both assets and costs that affect profits. Frequently, companies quite legally report results one way to the public and another to the tax collector. The conglomerates in particular are worried. Says Chairman Laurence Tisch Jr. of Loew's Theaters: "Accounting tricks are taking over. There's no rule on how to keep the books. You can make up your own mind...
Died. Nicholas Schenck, 87, an old-style movie mogul who helped found Loew's Inc. and Metro-Goldwyn-Mayer; of a stroke; in Miami Beach. Schenck's life was a Hollywood cliche in itself. The son of poor Russian immigrants, he scraped for nickels and dimes on Manhattan's Lower East Side, invested in beer concessions and amusement parks, finally in 1919 had enough of a stake to join Marcus Loew in founding the movie-house chain that spread across the U.S. MGM studios followed in 1924, and Schenck, armed with such stars as Clark Gable, Jean...