Word: millions
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...based manufacturer, has yet to solve the nagging profit problems that have made it a tantalizing, if so far highly elusive, takeover prospect (latest suitor: Gulf & Western). In the first half of 1968, profits fell 44% from last year's first half (also poor) to a bare $4.6 million on sales of $416 million. Said the company's beleaguered boss, Robert L. Stevenson: "Steps are being taken...
...Colgate-Palmolive achieved record sales ($275 million) and earnings that, at $9.3 million, were 8% above last year's quarter. Significantly, for a company that pulls in 55% of its profits abroad, most of the current, increase was earned at home, where massively advertised new products such as Ultra Brite toothpaste ("gives your mouth sex appeal") have been shining successes...
...Xerox, which turns out yearly profit records with the regularity of its own copiers, seems well on its way to its 16th straight mark. For the second quarter, earnings came to $28 million-a full 22% over the $23 million of the first quarter. All Chairman C. Peter McClough has to do now is to live up to his promise, made ten weeks ago when he became Chief Executive officer, to "keep her growing...
...Reynolds, which has three of the best-selling cigarette brands (Camels, Winston and Salem), posted record sales ($495 million) and earnings ($36.4 million) last quarter. Still, profits were not much more than a millimeter above the same quarter in 1967 ($35.8 million) and, notably, much of the increase was earned in the company's nontobacco business (including Chun King foods, Vermont Maid syrups...
...July and August; last summer 200,000 sightseers overran its quaint cobblestone streets and lolled on its beaches. Salty natives sneer that one-day visitors "come with a five-dollar bill and a dirty shirt and change neither." Nevertheless, local businessmen gladly pocket the $20 million a year spent annually on bus trips, postcards and clam chowder. In fact, the tourist trade is growing so rapidly that many "off-islanders," the regular summer residents, are concerned lest their historic hideaway lose its charm...