Word: alcoa
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Rockefeller, Carnegie and Morgan were not the only robber barons, of course. Edward H. Harriman fought Morgan for control of the railroads. Andrew and Richard Mellon founded four major companies, including Alcoa. But the scale on which Rockefeller, Carnegie and Morgan operated was unprecedented, paving the way for a world of global companies and capital flows. And their money built a platform for philanthropy that has grown every bit as much as their corporations...
...Johnson & Johnson or Merck. Have a taste for the planet's biggest food company? It's Netherlands-based Unilever, not home-baked RJR Nabisco or Sara Lee. Biggest farm-equipment maker? It's Japan's Mitsubishi Heavy Industries, not Caterpillar or Deere. Metal goods? Try France's Pechiney, not Alcoa...
...Alcoa's Fantastic Finishes," the events leading up to the drama were nothing short of disappointing for the Crimson...
...look for at least one further rate increase --the sixth this year -- at its next meeting Nov. 15, which is conveniently right after the midterm elections. Following the announcement that rates will stay put for now, the Dow Jones Industrial Average jumped 13.46 points to 3863.04. Big gainers included Alcoa, International Paper and Merck, each up a point. The S&P 500 rose 1.23 to 462.05. NASDAQ stocks dipped 0.26 to 755.37. Meanwhile, Treasury bond prices fell -- and yields climbed -- as bond traders registered their disappointment over the Fed's decision not to stifle inflation. The yield on the benchmark...
Evans, currently Alcoa Professor and director of the High Performance Composites Center Materials Department at the University of California, Santa Barbara, will serve as Gordon McKay professor of materials science and engineering...