Word: profits
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Dates: during 1950-1959
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...debt increase was actually lower in the first five months of 1956 than a year ago. The reports of first half earnings continued to look rosy, except for a few trouble spots, notably in appliances, e.g., Philco reported a second quarter loss of $686,000 v. $1,128,000 profit for the same period last year...
Unlike the World Bank, IFC will not require a guarantee of its capital from the government of the country in which it invests. Rather, it will take a chance that its investments will prove so successful that it can sell them at a profit to private investors...
...harder to float stock under new SEC rules. Commission, which formerly exempted stock issues of $300,000 or less from its full-disclosure regulations, will withhold exemption from all brokers with record of SEC violations, require more detailed information on small issues of new companies that showed no profit in one of two previous years...
...Casey Case. The ship-buying tactics of Niarchos and brother-in-law Onassis were blown out into the open when Congress started a stem-to-stern investigation of the immense profits that were made on war surplus ship sales. A congressional committee found that Massachusetts' former Representative Joseph E. Casey had joined the late, onetime Secretary of State Edward R. Stettinius Jr. and others in 1947 in what seemed like a surefire venture. Tankers were then in such demand that it was possible to make a down payment on a war surplus T2, get a charter from...
Atomic Ship. The shipping industry is already responding to the supertanker success formula: the bigger and faster the ship, the fatter the profit. Aided by the biggest shipping subsidies in peacetime history, long-hungry U.S. shipyards are taking on more and more supership orders, and expect volume to increase. The Maritime Administration estimates that "block obsolescence" of war-built...