Word: cos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...since the breakup of AT&T 10 years ago has America's $250 billion telecommunications industry been so discombobulated. First came the news last week that LDDS Communications, a Mississippi-based long-distance company, had agreed to pay $2.5 billion for the WilTel long-distance unit of the Williams Cos. Then came word that a federal judge had cleared the way for AT&T to complete its $12.6 billion acquisition of McCaw Cellular, the nation's largest cellular-phone company...
Merger mania continued in the telecommunications industry. Long-distance phone company LDDS Communications proffered $2.5 billion in cash for WilTel, the long-distance unit of Williams Cos. The deal bolsters LDDS's ambitions to challenge AT&T, MCI and Sprint. Meanwhile, AT&T received federal court approval for a $12.6 billion plan to buy McCaw Cellular Communications, the country's largest wireless-phone company...
...quiescent workers rebel against relentless job eliminations. The United Steelworkers of America in April began its first big strike in more than seven years, against Allegheny Ludlum, the nation's largest maker of stainless steel. Main issues: working conditions such as increased overtime and limited vacation schedules. Leslie Fay Cos., a New York City-based dressmaker, last week was hit by its first strike in 40 years. Some 1,800 members of the International Ladies' Garment Workers' Union in six states walked out to protest a company plan to move all production to Asia and the Caribbean...
...sales of everything from derivatives to new stock and bond issues to merger financing, the pretax profits of U.S. brokers and investment banks zoomed to an unprecedented $8.9 billion last year. "I see no reason why 1994 won't be better than 1993," exults Sanford Weil, chairman of Travelers Cos., which owns Smith Barney Shearson. "We're having a great time...
...will only be seen as a "feelgood" movie bythose who can thank their stars that they're notBritish. But Leigh somehow manages to steer clearof unmitigated pessimism. There are some greatone-liners, for example Vivien's classic blunder:"I would like to propose a toast to mum's birthday'cos it may be her last." There is also, inCyril's enduring idealism and his tenderness forboth Shirley and his mother, a reminder of theimportance of maintaining "high hopes...