Word: sharing
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Dates: during 1960-1969
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...Bird Dogs. By a hair, NBC was best, at least at the half, with the Democratic Convention still to be played. NBC owes its victory-confirmed by last week's ratings, which gave NBC a bigger share of the audience than CBS and ABC combined-to the fine and tireless work of its bird-dog reporters. Chasing candidates in hotels and delegates on the floor, walkie-talkers like John Chancellor, Edwin Newman, Frank McGee, Bob Teague and Sander Vanocur always seemed to be in the most interesting places at the most interesting times, in moments of import as well...
...seem to be lifting everyone equally, and the Senate Select Committee on Small Business has just produced another, less pleasant nautical metaphor. As the committee sees it, U.S. small business is "floundering in the backwash" of the speeding economy, failing for the first time in modern business history to share proportionately in the nation's prosperity...
Mecom, who is investing $5,000,000 in the Jordan venture, is depending on a good deal more than luck, although he seems to have his share of that. In a business in which one wildcat well in nine comes in and one field in 44 pays off, Mecom has hit on three tries out of five and profited on two wells out of three. "We go into places where oil has been searched for before," he says. "We just try new methods, maybe drill a little deeper...
...other directors, led by Winnett's son-in-law, President Walter W. Candy Jr., 58, argued that a merger with Federated (60 stores, including Manhattan's Bloomingdale's, Miami's Burdine's and Boston's Filene's) would enable stockholders to share in its more rapid growth, chided Winnett for not adopting more advanced retailing practices...
When Entrepreneur John Bloom, then only 30, offered 500,000 shares of his Rolls Razor Ltd. on the London Exchange two years ago, investors grabbed them at $3.50 a share. On Bloom's rising reputation and Rolls's rising washing-machine sales, the hot stock doubled. In recent weeks, however, London's City has buzzed about troubles at Rolls, and the price of the company's stock has fluttered wildly. Last week, just two years and 51 days after John Bloom's stock was listed, it fell with a mighty crash. Nine minutes before...