Word: pont
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...morning last week strode white-haired Federal Judge Walter J. La Buy. For almost a year, he had been studying the 2,500 exhibits and 2,500,000 words of testimony and argument in the biggest antitrust case in history: the Government's suit to force the Du Pont company to sell its holdings in General Motors and the members of the Du Pont family to sell their stock in U.S. Rubber (TIME, July...
Dropped Names. Filed five years ago, the suit originally involved 186 defendants, including Du Pont Chairman Walter S. Carpenter and President Crawford H. Greenewalt. Since then, 154 of the defendants had been dropped, many of them because they were minors. Of the three top Du Ponts named, only 77-year-old Irenee survived; Lammot died at 71 before the suit went to trial, and Pierre, 84, died last spring. The suit was costly both in money (an estimated $5,000,000 for the defense, including $750,000 in hotel bills alone) and in men: the defense required a battery...
...dropping them when they become inactive or cease to be representative of an industry, and substituting new ones. Of the 30 stocks that make up the Dow-Jones average today, more than one-third were not on the list in 1929. Among the newcomers are such giants as Du Pont, United Aircraft and A.T. & T. Among those dropped, for varying reasons: American Sugar Refining, Mack Truck, North American Corp. As an example of what such omissions and substitutions can mean statistically, it has been figured that if the inactive stock of International Business Machines, once on the Dow-Jones list...
...future the trend of pension investment will be increasingly towards the newer growth industries. The current popularity of such blue chips as Standard Oil (N.J.), Detroit Edison, Du Pont, General Electric has already pushed prices to the point where the stocks in the Dow-Jones industrial average pay only 4.9% in dividends. As the blue chips grow too expensive, more and more pension money will go into new fields. Then businessmen will have to toe a fine line between their basic objective of protecting the workers' pensions and their responsibility to the U.S. economy as a whole...
EARNINGS for third quarter are even better than expected. Of the first 100 companies reporting, nearly half said earnings climbed 5% to 50% above 1953's third quarter; seven blue chips (i.e., G.E., Du Pont, RCA, Texas Co., I.B.M., Continental Can, U.S. Gypsum) broke their all-time records for nine-month profits...