Word: ponts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...year was the only yardstick. But well-managed companies no longer take such a short view. Now, the profit picture is projected over a period of years. Frequently a well-managed company will sacrifice short-range profits and dividends for long-range gains. e.g., Du Pont spent $27 million before it had nylon ready for commercial production. Moreover, shrewd managers do not become complacent even when their profits, year after year, are large. The test is whether the company's profits are growing along with the industry trend. For example, Montgomery Ward's percentage of profit...
...sixth, while Pullman Co. dropped from eighth to 81st, Singer Manufacturing from 13th to 79th and Pittsburgh Coal (now Pittsburgh Consolidation Coal) from 15th to 94th. Five companies among the first ten on the 1948 list (General Motors, second; Standard Oil of Indiana, fourth; Socony-Vacuum Oil, fifth; Du Pont, eighth; Ford Motor Co., tenth) did not even appear among the first 100 in 1909. Says Kaplan: "Industrial leadership at the big business level is precarious...
...promote the idea. Such blue-ribbon firms as Standard Oil (N.J.), National Biscuit. Sears, Roebuck, Internation al Business Machines, John Hancock Life. American Airlines and Westinghouse have elaborate programs. In 1953 General Motors alone paid out $2,419,709 (an average $52 a suggestion); Ford paid $542,918, Du Pont $295,382. General Electric $685,842. Government agencies gave $1,362,000 for new ideas-including a $275 award (and a promotion) for one selfless civil servant who suggested abolishing his own $12,000 job. Estimated saving to Uncle Sam from such suggestions: $44 million. In many companies employee suggestions...
...stocks have been soaring. Quarterly sales were up 11% to $253 million and earnings up 79% to $4.20 a share. Except for the textile, steel and auto industries, most big corporations did well. General Foods reported the biggest second-quarter earnings in its history: up 90% to $1.88; Du Pont's first-half earnings were up 33% to $3.22 a share; National Gypsum (building materials) up 48% to $2.09; Allis-Chalmers...
...dozen stockholders, including three members of the Du Pont family, invested $7,325 in a Delaware housing project, and drew $549-375 in profits 45 days after the building was completed...