Word: nets
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Dates: during 1940-1949
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...addition, goalie Vint Freedley did not do anything to prevent the game from becoming a rout. To blame him for the defeat would be foolish, but he failed to make anything more than routine stops, and his defensive sallies out from the net were often ill-advised. Sullivan made every one of his chances count, and the game was soon sewed...
...Steel made 70% of its net profits in the last quarter, Republic 63%, National 42%, Inland...
Last week Manhattan's National City Bank predicted that 370 leading U. S. manufacturing corporations' combined net income for 1939 (after taxes and less deficits) would turn out to be around $329,000,000 or twice 1938's $159,000,000. Despite the last quarter steel boom, not everyone thought the two years were that far apart. But by week's end the first big crop of 1939 earnings statements were published, seemed to support National City's figure. Some of the increased profits...
Fortnight ago young Robert Ellsworth Gross, president of Lockheed Aircraft Corp., published an unaudited preview of his 1939 annual report: sales, $35,303,444, up 244% from 1938; net earnings in excess of $3,140,000 ($4.05 a share), up 610%; unfilled orders over $40,000,000 (they jumped to $70,000,000 last week). Bob Gross's preview was incidentally a potent sales talk for an operation that took place last week. It was a type of operation that has threatened to become obsolete: a public offering of common stock to obtain new capital...
...Lockheed went a net of $5,737,500, of which $1,750,000 will be used for new tools and machinery, assembly hangars and a research laboratory, the balance for working capital. To underwriters and their dealers went $675,000 for expenses, profit, and risk of the operation. It looked as if the risk of finding no takers for offerings of common stock might be considerably smaller than Wall Street has believed in recent years...