Word: profitability
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Dates: during 1950-1959
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...bidding) and official inspector of its own work, received an "exorbitant" $7,000,000 (of the total $19.5 million in contracts) for drilling useless holes to fill abandoned coal mines with sand and gravel along the turnpike's right of way. Prosperous little Manu-Mine's big profit: over...
...Accounting Office's top auditor on defense contracts, leveled an angry blast at the nation's biggest corporation. Said Powers: on a $375.9 million contract to supply 599 F-84F Thunderstreak jet fighters to the U.S. Air Force between 1952 and 1955, General Motors made an actual profit of $42.2 million v. a "contemplated" profit of $24.8 million. Part of the $17.4 million extra, said Powers, could be attributed to good management. But $8,322,000 resulted from "overstating" and overestimating anticipated expenses. Three times the Government had asked for at least part of the money back...
...quality of Part V almost equals that of Part I, even though it may offend contents-wise in its insistence that art is a child's toy only, that "art is false and life alone is true," that no-one today lives long enough to profit from his own experience, that the day will come when there will be no people but only thoughts, and that God is neither omnipotent nor omniscient but trying to become both through trial and error...
Rare was the company that did not at least increase its sales. And for those whose profits dipped, special conditions were often as much to blame as the inflationary cost squeeze. Union Carbide Corp. laid part of its 2% profit cut (to $34,147,267 for the quarter) to a 15-week strike in some of its oxygen-producing plants. Continental Can Co. said it had anticipated a 5% first-half earnings decline because of stockpile buying in anticipation of a steel strike and the early maturing of some crops. General Foods Corp. suffered a profit slump because...
...another 18? for souvenirs-Disneyland pennants, maps, Donald Duck caps, etc. All told this year, with attendance running 11% ahead of 1956, the turnstiles will clink 4,500,000 times. Disneyland will gross more than $11 million, and into Disney's treasure house will flow a Dumbo-sized profit after taxes of more than...