Word: xeroxing
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...reason that Xerox Corp. has a quarter of the $500 million office copying field to itself is the more than 300 U.S. patents it holds covering its unique method of duplicating documents. None of them had ever been challenged in court until last week, when SCM Corp. and Addressograph-Multigraph Corp. took on Xerox in what could become one of the biggest patent fights in modern business history...
OTHERS Georgia-Pacific 24.9 28.5 G. D. Searle 13.8 18.5 Johns-Manville 23.9 27.7 Johnson & Johnson 18 20.4 Safeway Stores 39.3 44.8 Xerox...
...issues on the New York Stock Exchange reached historic highs. They included CBS (741), Singer (83⅛), Sears, Roebuck (98), Xerox (29¾). One of the best gainers of all was Control Data, the young and profit able Minneapolis computer maker that is often called the little man's IBM; its stock price has risen 217% this year to last week's close at 95. (Six years ago it came out at $1 a share, has since split...
...enough to hedge against an unlikely strike. RCA felt so roseate that it broadcast its annual meeting over closed-circuit color television in Rockefeller Center, and announced that profits are at records and that sales of color TV sets are 40% above last year. From Standard Brands to Xerox, dozens of major companies reported record first-quarter earnings. So far this year, increased dividends have frequently gone hand in hand with better profit figures, including those reported by many of the big oil producers as well as by IBM, Nabisco and Lockheed Aircraft. Lift for Stocks. One dividend boost...
Respectful Distance. Xerox's profits are big because it costs the company only $2.500 to make each 914. which rents for an average $5.000 a year (rates: $95 monthly and 3.5? for every copy over 2,000). American Photocopy, SCM Corp., and Charles Bruning Co. now sell rival electrostatic copiers, but they require special papers. Xerox (which dropped the Haloid from its name in 1961) will come out with a smaller, desktop 813 dry copier next fall (probable rent: $40 a month), is developing a machine to apply xerography to facsimile transmission of documents by radio waves. Though Wilson...