Word: connely
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DIED. Lawrence Hoyt, 81, entrepreneurial book merchandiser who pushed bestsellers more than good writers, turning a chain of department store penny-a-day rental libraries he co-founded in 1932 into Waldenbooks, the nation's largest chain of booksellers with 800 splashy, look-alike retail outlets; in Bridgeport, Conn...
Joseph Bulba Bloomfield, Conn...
...nine points in two days. Declared President Arnold Greenberg: "This is an inevitable initial reaction when the largest company in the industry says it has had disappointments. Some of the newer companies like us have really taken a large share away from Atari and Mattel." Coleco, based in Hartford, Conn., expects its sales to jump 180% this year, to $500 million...
...HAVEN, Conn.--Yale University students will begin to evaluate their teachers this semester on a new form which may figure in faculty tenure decisions or in deciding who teaches what courses...
Mitchell Kapor, a onetime Hartford, Conn., disc jockey and instructor of transcendental meditation, also started small. Kapor, 32, ran up $30,000 in debts while writing two business programs on his own time. After selling the rights to the programs for $1.2 million and piling up $500,000 more in royalties, he raised $1 million in venture capital to start Lotus Development Corp. in Cambridge, Mass. Its first major product, called 1-2-3, which runs only on IBM machines, is an elaborate business program that combines management information and graphing along with financial-analysis tools...