Word: rca
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Dates: during 1960-1969
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There were many apparent reasons for the rise. One was the fact that investors who sold short in December for tax purposes now had to cover. Short-interest holdings-including large blocs in Douglas, RCA, Sperry Rand, Fairchild Camera and Gulf & Western-hit a 35-year high in December. The short-interest total began dropping-it was 2,000,000 shares lower at the beginning of last week-as the short sellers began covering themselves in a rising market. Buying also were mutual funds, which had kept about $3 billion liquid and ready during an uncertain autumn and now moved...
...Atlanta Constitution Publisher and Syndicated Columnist Ralph McGill watches "with great frequency." TV Chef Julia Child does her morning calisthenics by it. On the West Coast, Danny Kaye and Pat Brown are fans. In Manhattan, Today is one of the two programs (the other: the Huntley-Brinkley Report) that RCA Boss David Sarnoff watches regularly, and even William Paley, board chairman of rival CBS, is said to find Today irresistible...
...branch of First National City Bank of New York. If he sneezes in the wintry damp, he pulls out a Kleenex. If his boss needles him, he calms down with a Miltown. Relaxing in the evening, he puffs an R. J. Reynolds Reyno menthol cigarette, listens to RCA, Columbia or Capitol records. At bedtime, he fastens his door with a lock made by BKS, a Yale & Towne subsidiary that is the continent's largest lock producer...
...aircraft and electronics. From these fields, U.S. firms are learning to master staggering complexities on technology's frontiers, and to apply the techniques in other areas. With their vast capital and huge home market, U.S. companies routinely risk fortunes beyond Europe's visions to launch promising ventures. RCA gambled $130 million on color television before it began to pay off. Europe is still split over whether to use the French or West German color TV system-and the two are electronically incompatible...
...fashion new materials for educational use. Radio Corp. of America, for example, recently bought Random House (Cerf and his staff retain full editorial control, however). RCA presumably plans to utilize Cerf's textbook division for electronics developments in education...