Word: stockely
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Dates: during 1970-1979
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...fixture, recommends more stringent gasoline mileage standards instead of massive investment in mass transit. The government should grant very high tax credits to industry for mundane improvements like furnace maintenance, lighting adjustments, plugging leaky steam traps, recovering, installing insulation, and developing more efficient technologies to replace the existing capital stock. Indeed, it's the very banality of such measures that is the primary problem with conservation--the approach just doesn't lend itself to any heart-rending, grandiose scheme like the Manhattan Project or landing a man on the moon. But the Energy Project believes such simple measures could...
...payments were bribes and claim they were sales commissions and consulting fees. In any event, the two-year investigation by the SEC has put ISC in dire trouble. Unable to meet its payroll since April, it has piled up $24 million in losses, and trading in its once highflying stock has been halted by the American Stock Exchange...
Equally surprising, the CAB also gave Eastern Air Lines permission to buy up to 25% of National's stock, although the board has not made a decision on Eastern's takeover proposal...
...thus cleared the way for Pan Am and Texas International, each holding close to 25% of National's shares, to fight fairly freely for control of the airline in the marketplace. If Eastern later gets CAB permission to buy more than 25% of National's stock (it now holds just 100 or so shares), it also will become a serious bidder...
...closed at $33 a share on the New York Stock Exchange last Thursday, up from $18 a share in March...