Word: net
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Dates: during 1940-1949
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Chipped. E. I. du Pont de Nemours & Co. sweetened the market for a new 40,000-share common stock issue by announcing a record gross of $795,538,075 in 1947, a 20% increase over 1946. Net profits after taxes were $120,009,760, up 6%. Du Pont worried about "excessive construction costs" in its expansion program, set up a reserve that chipped $1.51 off share earnings, brought them to $9.88 per share...
With little more than a minute to play, Dunster's center Ted Nelson tapped the ball through the net after a muffed foul shot to put the Puritans within one point of the leaders, but Dunster's sharpshooters hit again, clinching the tilt...
...Promoter Sol Strauss won a victory of sorts. Jersey Joe Walcott reluctantly signed on Sol's terms (20% of the net gate, radio and television returns, 22½% of the movie rights) instead of his own (30%) for a return bout with Joe Louis at Yankee Stadium on June...
...specify, probably much less than 19% of its total business came from wage earners.) Merrill Lynch did not know whether or not its customers had made money. But Merrill Lynch had not done too well itself in 1947. Gross income of $22,377,582 was 24% under 1946; Net income before taxes was $1,827,952, down...
Inching Up. Big and Little Inch pipelines were proving as profitable as their new owner, Texas Eastern Transmission Corp., had expected (TIME, Nov. 24). In only eight months of operation they had carried $9,412,580.93 worth of natural gas, chalked up a net profit of $1,670,328.84, or more than 17% on sales...