Word: rose
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Dates: during 1970-1979
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Last week the surge continued. The Dow Jones industrials rose 24 points on the first three trading days, then dropped 10 points on fears of tight money, but made up all that loss on Friday. The Dow closed at 837, up 24 points for the week−and up 71 points over the previous twelve trading days...
...plus commissions. But he could have bought a three-month option on IBM for $2 a share, or $200 for 100 shares. This would have given him the right to buy those shares at any time over the next three months for $260 a share. So if the price rose much above $260, he would turn a handsome profit. As it happened, IBM closed last week at $266, and option holders did well...
...percentage gain for the options, since they cost much less than shares of stock. Thus profits made on options in recent weeks have been spectacular. Between Friday, April 7, and last Friday's close, IBM options jumped from $2 to $10.50, a 425% increase; General Electric's rose 475%, from 50? to $2.87; Kodak's jumped 470%, from...
Polaroid's sonar focus will help in its bruising marketing fight with Eastman Kodak, which also held its annual meeting last week. Though Kodak offered no new products, it had good news: earnings for the first quarter rose a record 50% from the depressed period of a year ago, to $141 million...
...Dodge Omni and Plymouth Horizon subcompacts, and competition from Ford's new Fairmont and Zephyr compacts. Truck deliveries fell 20% as squabbles in Washington over new emission and safety standards delayed plant changeovers and production startups. Though the tide has turned−sales of cars and trucks rose sharply in April−Chrysler expects an "unusually long" plant closing for a retooling this fall to neutralize the gains. Unsmilingly, Riccardo predicted: "The last nine months of the year will be a break-even period...