Word: profits
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Dates: during 1950-1959
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...Committee's final report, which went to President Pusey and the Corporation last month, suggested also that operating costs of the non-profit Blue Cross, which insures 1 1/2 million people, would be cheaper than the Harvard system, which covers...
...Cinema's primary purpose is not to furnish financial support for its member organizations, but to give its audience good films," said Richard I. Krauss '57, new director of the Cinema. The profit motive is only a secondary one, he added...
...fight to control the New York Central. Last week two oil-rich Texans, both close friends of Young, put up $20 million in cash and bought 800,000 shares of Central stock, biggest single block outstanding, from Cyrus S. Eaton's Chesapeake & Ohio Railway (at a profit of $2,400,000 to the C. & O.). The friendly buyers were Clinton W. Murchison, 58, of Dallas, whom Texans proudly describe as "really a wheeler-dealer," and Sid W. Richardson, 62, of Fort Worth, often called the richest man in oil reserves...
...which was 661 only eleven months ago, hit 100⅜, up 3⅞ on the news. It advanced another 3½ at the opening this week. The company reported sales at a record $3.1 billion for 1953, up 19% over its 1952 gross of $2.6 billion, and net profit up 9% to $5.75 a common share. The split would give G.E. 86,537,781 shares, second in outstanding stock only to General Motors Corp., with...
PENNSYLVANIA Railroad is cutting its spending because of a sharp decrease in traffic. The line lost almost $3,500,000 in January, v. a profit of some $2,000,000 in January 1953. Orders have gone out to cut costs to the bone, stop work on a $6,000,000 station-renovation program...