Word: rose
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Dates: during 1960-1969
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During its best year in history, the computer industry's shipments rose 71% to 13,700 units. Giant IBM's 1966 sales jumped 19% to $4.2 billion, and some longtime losers, Sperry Rand's Univac division and Honeywell's computer-making operation, turned the profit corner in handsome fashion. But it remained for little Scientific Data Systems of Santa Monica, Calif., to print out some of the most exciting gain figures. Only five years old, S.D.S. reported 1966 sales of $55.5 million and profits of $4,300,000-both up 27% over...
...measures have had the desired cooling effect-and then some. In West Germany, industrial production rose by only 1.7% in all of 1966, and not at all in the last three months of the year. With business investment declining sharply, German unemployment jumped to 673,000 (or 3.1%) this month v. 269,000 a year ago. In Great Britain, moreover, the government's austerity program did not prevent the cost of living from soaring to an alltime high in mid-January. The British and German slowdowns have complicated the efforts of other European countries to steer their troubled economies...
After trying his hand at a number of jobs, he finally hired on with Lockheed in 1939 as a $275-a-month production specialist. Lockheed has since come to soar, and so has Dan Haughton. He became Lockheed's executive vice president in 1956, rose to president in 1961, last week was named to succeed Courtlandt S. Gross as chairman of the board...
...Anaconda prospered on high world copper prices and swelling U.S. demand. Through a nearly strike-free year, the company's sales surged to ten figures ($1.2 billion) for the first time, while earnings swelled by 67% to $132 million. In the fourth quarter, profits rose 116% over the same period...
Tougher Taxes. The gasoline producers have been anxious to beef up their profit margins ever since 1965, when a long and costly series of price wars finally faded away. Though retail prices, excluding taxes, indeed rose nearly 4% during 1966 to about 22.1? per gal. -matching the high 1957 level - the suppliers have a number of problems. Demand continues strong and refineries are being forced to pay more for crude oil. Labor settlements early this year have increased industry wages by 4%; dealers, also squeezed by higher wages, have long been screaming for fatter prices at the pump...