Word: profits
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Dates: during 1950-1959
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...canned pork product, which became the ubiquitous item on Allied military menus the world over. In 1931 Iconoclast Hormel shocked fellow packers by initiating a radical annual-wage plan to help his employees ride out seasonal employment fluctuations, later expanded benefit programs to include joint-earnings systems and a profit-sharing trust, took unceasing pride in his claim that no Hormel executive ever lived more than a block away from a Hormel C.I.O. worker...
...first target was Linwood Park, Inc., builder of a Fort Lee. N.J. project, which netted the builders a $2,456,821 profit. If FHA could successfully take over the corporation and get back the windfall cash, it planned to go after all the other windfall profiteers...
...York Shipbuilding, a 1952 deficit of 26? a share was turned into a profit of $4.29 in 1953, but $2.40 of it came from nonrecurring income, i.e., an arbitration award on an old contract and for work completed before Wolfson came in. With these profits he declared a 50% stock dividend last January, has since paid $2 a share, first since 1950 and highest since...
Pick will stay on as chief executive officer of the mine, while Atlas will set up a subsidiary to get the property into big-scale production. At present Pick is digging out 1,500 tons of ore a month and selling it to the AEC at a clear profit of $32 a ton. Odium soon hopes to step that up to 10,000 tons a month. Said he: "Uranium is the oil of tomorrow, and tomorrow isn't very far away...
...cleared by the Securities & Exchange Commission of six-year-old charges that it welshed on a $10 million deal to help float stock for Kaiser-Frazer Corp. But Internal Revenue agents handed Eaton a $1,570,000 bill for back income taxes (1943) on a $1,909,000 profit he made by transferring stock between two Canadian iron-ore companies...