Word: exxon
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
University officials said in early October that they were selling Harvard's $35.4 million in Exxon stock and bonds because of a South African law that requires companies within the nation's borders to sell oil on demand to government agencies, including the police forces...
...Exxon Exodus...
Less than three months after Harvard announced plans to sell its stock in the Exxon Corporation, the oil company says it is pulling out of South Africa because of worsening economic conditions in the white-ruled country...
Harvard University Treasurer Roderick MacDougall '51 said yesterday that he did not know whether Harvard would reinvest in the Exxon Corporation...
...write-off is the second largest in the company's history, trailing only the $5.5 billion reorganization charge the company took in the fourth quarter of 1983, when the breakup of the Bell System was just starting. Like many other large U.S. corporations, from Exxon to General Motors, AT&T has been forced to slim down to compete more effectively in an increasingly fierce global marketplace. Last week IBM said it had reduced its 242,000 American payroll by 10,000 jobs in 1986 by offering employees incentives for early retirement. The computer company says it sees "no signs...