Word: nets
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Dates: during 1940-1949
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Right Number. American Telephone & Telegraph Co. wound up the second quarter with net earnings of $52,190,000. Thus, for the first time since 1947, it earned a full installment-and then some ($2.32) -on its regular $9 dividend...
...Yugoslavs to escape Rankovic's net in the present crisis was Lajos Dudas, a young Communist deputy who fled last week across the Hungarian border at Subotica, He said: "I was on the point of being arrested because I refused to repudiate the [anti-Tito] resolution of the Cominform...
Bettering Girls. In his tireless pursuit of jump, and on the theory that his patrons are easily jaded, Hover redecorates Giro's every two years. The cigarette and hatcheck girls, fetchingly attired in black-net hose, ballet skirts and tight bodices, are breathtaking and don't last long. If a girl hasn't "bettered herself" in three months, she is likely to be dropped. Betterment usually means getting some kind of movie job. One former Giro's girl, "Sunny" Ainsworth, married Tommy Manville (his seventh...
...present Hughes enterprises include Hughes Aircraft at Culver City, Calif.; Hughes Productions (movies); a controlling interest in Transcontinental & Western Air, Inc., and a brewery, the largest in Texas. There is an exceedingly large but unknown amount of cash out of which Howard Hughes paid for his RKO stock. The net income of Hughes Tool, the parent company, is estimated at $8-10,000,000 a year, but since Howard Hughes owns 100% of Hughes Tool he does not have to publish balance sheets...
Some wondered if Luckman was blowing up an impressive but fragile soap bubble. So far the figures have proved otherwise. In two years, he hiked both sales & profits at Lever Bros, by more than 40% (a $20 million net on $350 million gross). Luckman claims that Lux, which had dropped to third place in the toilet soap field, is No. 1 again. So, says he, are Lever's Rinso and Lux Flakes. In the first quarter of 1948, when U.S. soap shipments slumped 17%, Luckman managed to boost...