Word: anacondas
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...reaching is also the term for ARCO's economic power. With annual revenues in 1977 topping $11 billion, and a net profit before taxes of close to a billion dollars, the Atlantic Richfield Company is one of the nation's largest oil firms. In 1977, it acquired the Anaconda Company, a leading mineral producer. Today ARCO's interests extend to copper, aluminum, coal, uranium, a few solar and geothermal energy operations, and even a London newspaper, The Observer...
...tough Crimson goal-line stand kept the Bruins out of the endzone, as Chuck Durst wrapped up Bruin back Rick Villella like an overgrown anaconda snake for a third-down loss at the two-yard line. Tad Barrows then came on to kick the 21-yd. chip shot...
...General Electric's $2 billion purchase of Utah International, a company that mines coal and copper. Two other huge mergers: Mobil Oil's $1 billion acquisition of Marcor, the company that owns the Montgomery Ward department stores, and Atlantic-Richfield's $700 million buy-out of Anaconda, the copper-mining giant. Right now, Gulf Oil has offered $440 million for Kewanee Industries, an independent oil and gas producer; PepsiCo has bid $315 million in stock for Pizza Hut, a chain of franchised fast-food stores; and Anderson, Clayton & Co., a major food processor, initially offered $323 million...
...Jehovah divided his universe: Anaconda, Ford Motors, Coca-Cola...
...Chilean socialist and the American union bureaucrat were both pointing to the same phenomenon: the growing domination of the world economy over the past two decades by multinational corporations--giant firms with operations scattered all over the world. Multinationals, such as ITT, Anaconda Copper, IBM, and General Electric, coordinate production, distribution, and sales on a global scale rather than within the confines of a specific national economy. Consequently, their commitment to any particular country in which they operate is limited to the ways that country can serve as a means to its ultimate ends--the maximation of the overall profits...