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...troubled conglomerate in 1972, he confidently predicted, would increase substantially over their lackluster showing of $50 million in 1971, and one reason for the gain would be Litton's $ 130 million shipyard in Pascagoula, Miss. Ash calls the ultramodern facility, opened about two years ago, "a national asset that will make U.S. shipbuilding competitive in world markets...

Author: /time Magazine | Title: CONGLOMERATES: Litton's Sad Litany | 7/3/1972 | See Source »

...parties. Because so many of an amateur's pictures are taken at home or close to home, most of the disadvantages of the current Land cameras-the bulkiness, the throwaway negatives-do not really pose problems. On the other hand, their principal advantage-immediate viewing-is a major asset. Land argues that what the company has to offer its customers is "the realization of an impulse: see it, touch it, have it." Reflecting this, the company's advertisements show informal Polaroid photos of children and family groups. By contrast, Kodak's camera ads emphasize not the subject...

Author: /time Magazine | Title: MARKETING: Polaroid's Big Gamble on Small Cameras | 6/26/1972 | See Source »

...left pointing out that the Viet Nam War is still not over; skeptics on the right are already questioning the new amity with the Communists, including the SALT agreement and what it does to American security. But on balance, the summit can only be a vast political asset for Nixon...

Author: /time Magazine | Title: DIPLOMACY: What Nixon Brings Home from Moscow | 6/5/1972 | See Source »

...downtown Baltimore, 187 miles from Wall Street, T. Rowe Price & Associates is taking in more money than it can handle. The firm manages the best-performing U.S. mutual fund. According to the Wiesenberger Services, the industry's leading chronicler, the Rowe Price New Horizons Fund increased the net asset value of each of its shares by 287% in the past decade. To the individual investors, that means an investment of $2,500 in 1962 would today be worth $9,675. As a result, the fund has been receiving as much as $1.3 million a day in new investment money...

Author: /time Magazine | Title: MUTUAL FUNDS: Enjoying the Revolt | 6/5/1972 | See Source »

...search, is now considering two candidates for the job--Neil Peterson and James Johnson. Although the fact that one is white and the other black has injected an unnecessary racial factor into the debate, the fact is that both men are well qualified and either would be a real asset to the City government...

Author: NO WRITER ATTRIBUTED | Title: The City Council: Compromise | 5/31/1972 | See Source »

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