Word: shared
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...industry is particularly concerned about inroads made by foreign steelmakers, which have increased their share of the U.S. market from 12.5% last year to an anticipated 15% in 1968. One advantage for foreign companies, particularly Japanese, is lower labor costs. In the early 1950s, U.S. steel companies paid $2 an hour more in wages and fringe benefits than their Japanese counterparts. Today, with the average steelworker receiving wages and benefits totaling $4.93 an hour, the gap has grown to about...
...showed an 18% return on its invested capital, its profits last year reached only $315,529. It operates with seven warehouses and 30 salesmen. Yet last week, when Alloy Steel brought out its first public issue of common stock, eager buyers not only snapped up the entire 358,150-share offering at $10, but bid the price up to $19 a share in the first hour of trading...
...vice president for over-the-counter trading at Merrill Lynch, Pierce, Fenner & Smith. As a result, much of the new-issue surge involves computer soft ware and leasing companies, whose prospects for future growth entrance many buyers. Last month Advanced Computer Techniques Corp. soared from $7.50 to $29 a share the day it was issued. Underwriters are still gasping over the performance of Educational Computer Corp., a manufacturer of teaching devices. From an offering price of $7.50 on March 7, the company's stock has shot up to $85 for a 1,033% gain...
...Minnie Pearl's Chicken System Inc., a Nashville-based franchiser of fried-chicken outlets, has jumped from $20 to $44.50 since it was issued May 1. American Medicorp Inc., formed in January to buy and run hospitals (it now owns three), last month brought out a 345,000-share issue at $20; last week it was selling at $43.50. Superior Surgical Manufacturing Co., a textile firm that makes white garments for both doctors and bakers, has climbed from $11 to $18 over the past month. Sun-Glo Products Corp., a producer of Christmas-tree ornaments, has nearly doubled...
Even companies operating in the red have been able to cash in on the trend. Despite losses of $10,679 last year (on sales of only $36,068), Manhattan's Applied Synthetics Corp., a maker of plastic bags for phonograph records, last month successfully floated a 260,000-share issue at $1.75. By last week the stock...