AMERICAN MOTORS' earnings exceed even most optimistic estimates. Per share earnings for fiscal 1958 (which ended Sept. 30) jumped to $4.40 a share, v. last year's loss of $2.12. Profits climbed to $26 million (of which almost $12 million was made in July-September quarter), v. last year's deficit of $11,833,200.

REVLON-SCHICK MERGER is close. Schick Boss Kenneth C. Gifford quit; he and members of Schick family sold controlling block of about 242,000 shares (market value: almost $4,000,000) to Revlon. Onto

Schick's seven-man board will go four Revlon directors.

CHEAP NUCLEAR POWER is goal of 54 utilities that propose to build new type, 40,000 kw. reactor outside Philadelphia. It would be cooled by helium; method may well prove more economical than usual water cooling.

GENERAL DYNAMICS, eager to expand its civilian business, is well along in merger talks with Chicago's Material Service Corp., big (1957 sales: $103 million) producer of building supplies and coal.

This file is automatically generated by a robot program, so reader's discretion is required.