Word: pricing
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Dates: during 1960-1969
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...practically nothing for one or two quarters, the result would be only a 0.2% rise in the jobless rate, now at a 15-year low of 3.3%. The findings reinforce the belief that the Nixon Administration will have a bit of leeway in which to move against wage-price rises without causing a significant increase in unemployment. But Brimmer and the other Federal Reserve governors believe that "some increase" in the jobless rolls will be unavoidable in a successful fight against inflation...
...from the strength of the economy in general and of auto sales in particular, will show total profits for 1968 of about $900 million, up from $843 million the year before. Nonetheless, profits as a percentage of sales dropped off. Imports squeezed profits by putting downward pressure on steel prices. To hold on to its markets, for example, even U.S. Steel Corp. resorted to some unaccustomed price discounting. If, as appears likely, the Japanese and European cutbacks produce firmer prices, domestic steelmakers will have to admit that the voluntary agreements were better than nothing-although they are likely to continue...
...Road. An end to the popular, if only moderately profitable service would be another setback for Eastern, which is the most sorely troubled major U.S. airline. It ran a deficit of about $10 million in 1968, and few airline analysts expect it to fare much better in 1969. The price of its stock has dropped 50% since...
Enter the Engineers. The effort that went into the Pampers' development was worthy of the creation of a new line of automobiles. Product designers created the company's first disposable diaper in the late 1950s, but it flunked its market tests because the retail price of 10 ? was simply too high for mothers -who make an average of eight diaper changes a day. The problem was then turned over to production engineers, who devised a high-speed, block-long assembly line that brought the price down to 5½?. That is considerably more than the cost of buying...
That performance has made the stock of the publicly owned corporation one of the highest-flying issues on the Paris Bourse. Over the past five months, its price has risen from $88 to $120 per share. Investors include Edmond de Rothschild, who owns a 35% interest, and France's Louis Dreyfus Bank, which holds 8%. Last August, American Express Co. paid $2.7 million for a 15% interest in the club and took over as its North American booking agent. An American Express spokesman says that the company expects to increase its stake in Mediterranee in order to get more...