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Along with the Senate and the Baseball Hall of Fame, the Dow Jones industrial average is among the most exclusive clubs in the U.S. Its members read like a Who's Who of American industry. Stock prices for General Motors, IBM, Exxon, AT&T, U.S. Steel and 25 other blue-chip companies make up the widely watched Dow Jones average. Last week the editors of the Wall Street Journal, who choose the Dow's members, reshuffled the club's roster. Added to the list were McDonald's, the fast-food giant, and Philip Morris, maker of Marlboro. Dropped from...

Author: /time Magazine | Title: Stocks: Golden Arches on the Dow | 11/11/1985 | See Source »

...rough rule of thumb, the system could net the Saudis $2 to $2.50 less than the established OPEC price of $28 per bbl. While Middle East oilmen could not confirm last week that the Saudis had signed any such agreements, trade sources elsewhere said that the U.S. oil giants Exxon, Mobil and Texaco would buy some crude under the discount system...

Author: /time Magazine | Title: Breaking Rank | 9/30/1985 | See Source »

...illustrate his small money argument Bok presents the problem of eating Kellogg's Corn Flakes in his open statement. Kellogg's, he points out, has operations in South Africa as does IBM, Ford and Exxon. Should students stop eating Corn Flakes and taking jobs with IBM if we follow the principles that call for divestment...

Author: By Victoria G. T. bassetti, | Title: Painted Into a Corner | 9/25/1985 | See Source »

...matter of policy, the University will not invest in predominantly South African companies--i.e., companies with more than 50 percent of their operations in South Africa. Harvard holds stock in American companies such as General Motors, Coca Cola, IBM, Exxon, and others that have operations in South Africa. The vast majority of these firms, however, have offices or branches in that country that account for less than one percent of their business...

Author: NO WRITER ATTRIBUTED | Title: Bok Letter Sweeps South Africa Issue | 9/20/1985 | See Source »

...their way into company dividends make up only a tiny portion of the funds we receive from our equity holdings. Those who feel that even this amount is enough to condemn these stocks have difficult questions to answer. Do they object to students who take jobs with IBM, Ford, Exxon and other companies who do business in South Africa and take money from these firms in the form of wages rather than dividends? Do they object to buying Coca Cola, Kellogg's Corn Flakes and other products of such companies, thus contributing to profits that may help finance South African...

Author: NO WRITER ATTRIBUTED | Title: Bok Letter Sweeps South Africa Issue | 9/20/1985 | See Source »

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