Word: nettings
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Dates: during 1950-1959
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...poverty-stricken nation of its longtime dependence on tin exports, signed a decree last week opening the way for foreign capital to come in and drill for oil. As the government's cut, the new Bolivian law demands 11% of the crude oil produced, plus 30% of net profits, plus a yearly concession tax of a few cents an acre...
...Inland and its subsidiaries employ some 28,000 people. Its net income in the first nine months of 1955 was a record $36 million, $6.67 a share, compared with last year's $26 million and $5.25 a share on the smaller amount of stock then outstanding. Inland, which has paid dividends every year of its life except one (1933) last week declared a year-end dividend of $1.75 a common share, bringing 1955 payments to $4.25, or 50? more than...
When General Motors was incorporated in 1916, the net profits of all 80,000 U.S. manufacturing corporations were $4,157,-626,000. Last week General Motors alone announced that by year's end it would earn, after taxes, a profit exceeding $1 billion. Never before in history has one corporation made so much in so short a time. In fact, after just three-quarters of 1955, G.M.'s profits amounted to a staggering $912,887,537, or more than it had ever earned in the whole of its best previous year (1950: $834 million...
Many other records fell last week as more third-quarter earnings figures were published. Standard Oil (N.J.), biggest of the petroleum giants, announced a nine-month net of $523 million, 19% above last year, setting a high mark for the company and the entire oil industry. Socony Mobil Oil hit $145 million, 13% above a year ago. The Texas Co. soared to a nine-month high of $189,767,006, up 24.9% over...
...once-defeated freshman soccer team won its fourth consecutive shutout victory when it blanked Andover 2 to 0 Saturday. Goalies John Adams and Dick Pille shared the net-minding duties in the Yardlings' fourth win in five starts...