Word: marketing
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Dates: during 1950-1959
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...fortune is reckoned at more than $200 million. He became general manager of the huge Fore River shipbuilding yard at Quincy during World War I, joined the investment banking house of Hayden, Stone & Co., sold short and made $15 million in a few hours during the market crash of 1929, served as chairman of the Securities and Exchange Commission (1934-35) and the U.S. Maritime Commission (1937)-and was U.S. Ambassador to Great Britain during the ominous years...
Three new ventures have come under the supervision of the Harvard Student Agencies, Inc., Gregory B. Stone '58, president, has announced. Tentative plans have been for a school-boy-student counsellor program, a western bus trip for teenage boys run by college students, and a student market research program...
...most tentative of the three new ventures, the market research project would provide jobs for students interested in door-to-door work which would lead to openings after graduation. The research will be done for a fire-extinguisher company interested in Cambridge's reactions to the companys' new design. Stone hopes that this first project will lead to others like...
...million worth of notes, backed by the mortgages it holds, then used the proceeds to pay back part of the $1.8 billion it had borrowed from the Treasury. Agriculture's Commodity Credit Corp., which has some $350 million in public loans, could also go into the open market, as it did in 1953 and 1954, float $1 billion or more in loans through "certificates of interest" on the surplus crops it holds. As a last resort, the Treasury can also draw down its $3.4 billion cash balance, i.e., uncommitted money in the till, to pay bills. Yet even with...
Hertz will own 51% of the new company's stock, and Hertz Chairman Leon C. Greenebaum, 49, and Hertz President Walter L. Jacobs, 61, will run it. Not only will American Express cash in on the potentially rich market for foreign-car rentals, but the deal also calls for it to invest in Hertz Corp. so that it can participate in domestic profits. Express is buying 25,000 Hertz Corp. common shares at the current market price, has an option to buy 75,000 more over the next four years for no less than...