Word: pers
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Dates: during 1950-1959
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Turn backward, backward, O TIME, in your Aug. 3 reporting on Phillips Petroleum Co. Their first-half per share earnings were up, not down, from...
...bullish, since it would open the way for a cut in the U.S. budget and in taxes. The Dow-Jones industrial averages dropped 6.31 points in the week, led downward by the electronics stocks. Electronics manufacturers were flying high; Texas Instruments reported alltime-high second-half earnings of $1.62 per share v. 66? last year. Its stock dropped 20⅜ points during the week to close at 126⅛. Volatile Fairchild Camera & Instrument Corp. announced first-half earnings of $1.61 per share v. a $104,000 loss last year, but its shares fell 23 points...
Even stocks of electronics makers who sell chiefly to consumers sold off easily. Zenith Radio Corp. established a first-half record with earnings of $1.66 per share v. $1.01 last year, but lost 14⅛ points during the week. Philco Corp. came back from a $1,400,000 loss in the first half last year to earn 54? per share for the first six months of 1959, was off 2⅞ for the week. Motorola, which set a second-half record with $3.04 per share v. 76? last year, dipped seven points...
Other half-year earnings (per share...
RAIL STRIKE INSURANCE pact is virtually certain of adoption by major railroad managements in preparation for negotiating the new long-term contracts in autumn. Plan is similar in principle to airlines' strike pact (TIME, Nov. 10), would insure strikebound railroads for up to $600,000 per day to cover all fixed operating expenses...