Word: nettings
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...height of the air-travel boom the U.S. airline industry is moaning low. Though revenues for the first five months of 1957 hit a record $618 million, the airlines reckon their total net operating income at barely $14 million-down by a staggering 63.5% from last year. Five of the twelve major trunk lines-Capital, Northeast, Northwest, United and Trans World Airlines-reported that they were operating in the red, and airline shares have lost 30% to 40% of their market value since 1955. This week, after a long, bitter campaign, the airmen will present their final arguments...
...earnings reports so far in 1957 has made U.S. businessmen optimistic about the rest of the year. In a survey of 1,432 executives released last week by Dun & Bradstreet, more than 90% foresaw fourth-quarter sales either matching or exceeding last year's, and 89% predicted that net profits in the fourth quarter will also equal or top 1956's last quarter...
TREASURY TAX LOSS on fast write-offs for new defense industry will total between $4.3 billion and $4.9 billion by year's end. Though taxes on write-offs for $37.8 billion worth of defense expansion since 1950 will be paid in later years, Treasury will wind up with net loss of $530 million to $601 million if maximum corporate tax rate drops from 52% to 47% next June...
...total supply, as well as according to changes in the general price level. Now that the export program has cut the carryover, Secretary Benson will probably have to boost price supports for the current 1957 crop well beyond the 28.15? per Ib. price he set last February. The net effect, as Under Secretary of Agriculture True D. Morse wrote the House and Senate Agriculture Committees a fortnight ago, will be to encourage farmers to produce more cotton, which in turn will mean a higher surplus and one that will be even more expensive to dispose of abroad. Each additional penny...
...Records. Standard Oil Co. (N.J.), the world's biggest oil company, was close behind. Despite a drop in demand, Chairman Eugene Holman estimated second-quarter earnings at $188 million, somewhat below the first quarter but still enough to push the company's first-half net to an alltime peak of $425 million, some $33 million better than 1956. On a smaller scale, California's Superior Oil Co. did even better, with nine-month (ending May 31) profits of $15.7 million (equal to $37.20 per share), for a 412% jump over the previous year...