Word: stockly
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Dates: during 1950-1959
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...making refrigerators and home freezers, and bought radio-TV time to sell the wares. By 1950, when his business got big enough to need more capital, he got Iowa financiers to pay Amana $1,750,000 for the plant. The money helped boost Amana Society's original $50 stock to its present value: $3,600 a share...
...Stock Sensation. While many eyes are set on the European small car and its new U.S. competitors, Daimler-Benz is out to grab a heftier share of the big-car market. The U.S. already buys 10% of its production, and its U.S. sales are racing 160% ahead of last year, are expected to top 15,000 cars by year's end. With 54% of its production going to 136 countries, Daimler-Benz has hiked worldwide sales 16% this year, expects to run up a 1959 sales figure of $600 million for the best year in its history...
...defense Woolworth's upgraded its merchandise, spruced up its stores, shifted its emphasis to self-service stores in burgeoning suburban shopping centers. To spark its superstore and self-service programs, Woolworth's in 1954 picked a lifetime employee named Robert Campbell Kirkwood, who had started as a stock checker right out of high school in his home town of Provo, Utah 36 years before. Trim, quiet-spoken Bob Kirkwood, 54, did so well at the job that he became president and chief executive officer in 1958, when James Thomas Leftwich moved up to chairman (Leftwich resigned three months...
...long (1912-58) career broadened the use of can containers, steadily increased the number of his plants, boosted sales from $70 million in 1933 to $398 million in 1950, as a liberal-minded businessman headed and whipped into action the nine-man committee appointed to reorganize the Stock Exchange, saw his own recommendations embodied in the Exchange of today; in Lake Placid...
...Shuffling between his Greenwich, Conn, home and several cities, he worked harder and more ruthlessly to increase profits for Crane and solidify his power. Evans shifted about Crane's operations, began plans to get into the production of valves for use in oilfields. While Crane's stock was rising, the company offered to buy shares back from stockholders, got close to 800,000 of the 2,273,224 outstanding shares by early July...