Northrop's earnings increase but Rockwell's plummet.Northrop's earnings increase but Rockwell's plummet Earnings at Century City-based Northrop Nor·throp , John Howard 1891-1987. American biochemist. He shared a 1946 Nobel Prize for discovering methods of producing pure enzymes and virus proteins. Corp. improved but income at Rockwell International Rockwell International was the ultimate incarnation of a series of companies under the sphere of influence of Willard Rockwell, who had made his fortune after the invention and successful launch of a new bearing system for truck axles in 1919. Corp. in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and dropped, the companies said in quarterly statements released last week. Northrop said it had net income of $36.2 million for the second quarter, compared to $29.3 million a year earlier. Earnings per share rose to 77 cents from 63 cents while revenue totaled $1.33 billion, down 6 percent from the prior year. Rockwell Rock·well , Norman 1894-1978. American illustrator whose works, many of which appeared on the cover of the Saturday Evening Post, offer a nostalgic, idealized view of everyday American life. Noun 1. said earnings for the fiscal third quarter ended June 30 dropped 12 percent to $151.4 million, or 65 cents a share, compared to 71 cents a share in the same 1990 period. |
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