Word: archcompetitors
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...Wind mess. One clue to the kind of information often sought: FBI agents searched the Washington office of William Tallia, vice president of Pratt & Whitney, on the authority of a search warrant alleging that the company had copies of sensitive documents filed with the Pentagon by archcompetitor General Electric. Both companies were selling engines for the Air Force F-18 fighter and the Navy's V-22 tilt-rotor aircraft...
...professor showed for the Classics Illustrated comic of Paradise Lost. No one denies, however, that the home market is where the major loot lies. Emerson, Coleco and Parker Brothers-who started a small living-room revolution with Monopoly in 1935-are jumping in. Mattel, which makes Atari's archcompetitor, Intellivision, says it has sold more than a million units at $249 and expects to be marketing 40 cartridges by December. One design will be based on an upcoming Disney movie called Tron, about a whiz who finds himself, Alice-like, trapped inside a video game. Hollywood fights back...
...finance committee, had apparently become disturbed by the company, which remains strong but faces some problems. These include a sluggish profit performance (sales were up by nearly 19% in the first half of 1980, but net income rose by only 7.1%) and a challenge in the domestic market from archcompetitor Pepsi-Cola; Pepsi now outsells Coke in supermarkets, although Coke leads in vending machine and fountain sales...
...business deals seem not to be put together so well. The energetic and outspoken Gyllenhammar has been searching for ways to boost sales, but his efforts have resulted so far in little more than wheel spinning. Plans to build an assembly plant in the U.S. and to merge with archcompetitor Saab-Scania have both had to be given up for one reason or another. Last week Gyllenhammar got his biggest setback yet; opposition by Volvo shareholders forced him to scrap a plan to sell 40% of the company to the Norwegian government and a group of private investors in return...
...Jeeb" Halaby, now finishing his second year as chief executive of Pan American World Airways, the going has been anything but great. Losses are climbing steadily: $26 million in 1969, $48 million in 1970 and $39.5 million in this year's first half alone. Pan Am's archcompetitor, TWA, has lately been overtaking "the world's most experienced airline" in monthly passenger miles on the North Atlantic run. Talks with TWA about a possible merger, which Halaby once saw as the best route out of rough weather, have come to a halt. Two weeks ago Secor Browne...