Word: swiftly
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Dates: during 1960-1969
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...Perhaps the best way to arrive at a conclusion about Swift & Co. is to look at the record. In 1964, earnings were the highest since 1953-the third successive year of increased profits. Dividends (paid every year except one since the company was incorporated in 1885) were increased twice during 1964. We are in the midst of a stepped-up capital spending program. Swift research, credited with many industry firsts, played a vital role in developing well-rounded meals for the Gemini astronauts in their four-day orbital mission To get 16 meals down to a total weight of less...
GEORGE H. SWIFT...
...major acquisitions, denies with some justice the common charge that he is a raider. Says he: "We wouldn't even come close to raiding, but this is used as a demagogic epithet by inadequate managements as their way of keeping their position. In a situation like Swift, which has leadership in the meat-and-carton industry and yet shows a consistently low return on investment, what has happened in the way of management over the past 30 or 40 years has been the raid." After moving in on a struggling company, Simon's first act is usually to cut back...
...Simon feels he has reached a constructive agreement. Rebuffed at first, he was finally invited to become a director, now feels that "the dialogue has turned from negative to positive" and that Canada Dry is following his recommendation: spend more on advertising and promotion to grow faster. As for Swift, Simon says: "They should be making a lot more money, but they have a tendency to be conservators. They aren't aggressive enough in their operations or their merchandising. Still, I have no sense of urgency about Swift." That sense of urgency is reserved for Wheeling, Simon's only current...
After the first five furlongs of the 1 3/10-mi. Preakness, Tom Rolfe was nine lengths back. Isador Bieber's Flag Raiser (odds: 5-1) was straining for the lead, with Lucky Debonair and a longshot named Swift Ruler (42-1). Lucky Debonair's jockey, Willie Shoemaker, knew he was in trouble: "I was getting into him pretty good, but he wasn't giving me anything." Rounding the turn for home. Flag Raiser was in front-but there was Tom Rolfe ranging up to take the lead...