Word: perlman
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...been one of the heaviest-traded stocks on the New York Stock Exchange, rising from 19¼ to 28. Young's announcement put it up another 1½ points.* For next year Young estimated earnings of about $36 million, more than enough to cover the proposed dividend. President Perlman was not as "confident" as his boss, but estimated earnings at $30 million...
...York Central done since Robert R. Young took over six months ago? Last week Chairman Young and President Alfred Perlman called reporters into the railroad's luxurious board room in Manhattan to give the answer. With his usual hyperbole, Young summed up: "Al Perlman has performed a miracle. It will go down as one of the great executive accomplishments in history...
ROBERT R. YOUNG, who pulled his Chesapeake & Ohio Railroad out of the Association of American Railroads in 1946, has finally made his peace with the trade group. Young will keep his New York Central in the association. The A.A.R. has elected Central President Alfred E. Perlman to its board. Young's old C. & O. will also return to the A.A.R...
...chopped costs, closed down maintenance shops, and ruthlessly cut the payroll on his railroad. Result: a net profit of $1,100,000 for September. Last week Bob Young laid aside the stick in favor of the carrot. To the Central's $100,000-a-year President Alfred Perlman, Chairman Young offered a stock option deal. Under the ten-year deal, President Perlman will be able to buy 32,000 shares of Central stock at $19.87½ per share, 75? above the current market price; he can buy 20% in two years, another 40% after three years, and the rest...
...executives. ¶ Gale B. ("Gus") Aydelott, 40, became vice president and general manager of the Denver & Rio Grande Western Railroad, as such will be the line's top operating boss. He succeeds K. L. Moriarty, who went to work for New York Central President A. E. Perlman, formerly executive vice president of the D. & R. G. W. Starting as a D. & R. G. W. gang laborer in 1936, Aydelott worked his way up as track inspector, chief mechanical officer and division superintendent...