Word: revlon
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
SCHERING CORP., a top ethical drugmaker (1956 sales: $57 million), will merge with $12.7 million-a-year White Laboratories (Feen-A-Mint, Aspergum) to fight current attempts by Revlon Inc. to win Schering control. If stockholders approve, Schering will swap about 11% of its shares for White, thus set up White group as a counterbalance to Revlon, which now owns 9% of Schering stock, probably the biggest single block outstanding...
...history, a sales gain of 8% to $2.1 billion. International Business Machines' President Thomas J. Watson Jr. announced quarterly earnings of $21.3 million for another alltime peak, and more than the company's total annual revenues 25 years ago. Du Pont, Douglas Aircraft Co., Revlon, Mack Trucks and Schering Corp. were all at new highs, while Kaiser Steel Corp., American Cyanamid Co. and Radio Corp. of America showed solid six-month sales and earnings gains over...
...factors. In the kind of selective trading that has become the trademark of 1957's bull market, investors sent International Business Machines up 21 points in two days to a new high of 358; Alcoa went to 101 for a 21% gain over the year's low, Revlon to 32 for a 34% gain; while California's Superior Oil jumped 145 points in four days to $1,695. All told, stocks on the Dow-Jones industrial average wound up the week 13.60 points higher at 516.89 for a new 1957 peak and within 5 points...
...REVLON INC. will make bid for voice in management of Schering Corp., a top maker of Pharmaceuticals (annual sales: $55 million). After secretly spending $12 million for 150,000 shares of Schering stock in recent months, Revlon, whose cosmetics sales have almost doubled in past two years (1956 total: $86 million), holds an estimated 9% of company's widely distributed shares, probably the biggest block...
...Ideal Toy Co.'s "Revlon Doll" ($11.95 to $25) is a fully-developed young siren (proportioned to 34-23-34) whose outfit includes nylon stockings, earrings, a bra. The doll is expected to be Ideal's biggest seller since the "Shirley Temple" doll of 20 years...