Word: exxon
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...Govemment $246,914,156 2. IBM $74,109,498 3. Ford $55,562,975 4. Mobil $53,036,556 5. Exxon $41,937,361 6. Quebec Hydro-Electric $31,354,629 7. GM $30,614,761 8. Eastman Kodak $26,824,948 9. Continental Oil $22,064,320 10. General Reinsurance...
...Harvard's Ten Favorites 1977-1978 1. U.S. Govemment $172,948,919 2. IBM $69,514,352 3. ATT $57,159,868 4. GM $43,177,075 5. Exxon $36,149,488 6. Schlumberger, Ltd. $28,412,199 7. General Reinsurance $24,090,120 8. Quebec Hydro-Electric $23,873,934 9. Standard Oil, California $20,912,364 10. Mobil...
Quick, now, who is the chairman of Exxon? Or U.S. Steel? Probably not even their shareholders know for sure. But the stockholders of Citizens Utilities Co., of Stamford, Conn., certainly know Richard Rosenthal. They constitute a Rosenthal fan club. By the hundreds, they write him letters that can only be called adoring. The chairman-who at 64 is wiry, bouncy and still strawberry blond-collects the mash notes between burgundy leather covers, answers them all, and elaborates in philosophical, ego-massaging (his own and the shareholders') messages in annual and interim reports, which he writes himself. Very largely...
...told, the industry had its best second quarter ever. Profits of the 23 biggest U.S. firms totaled $5.47 billion, a rise of 66% over the same period last year. Among the five large international companies, Texaco's earnings leaped by 132% to $365 million. Earnings of the others: Exxon, up 20% to $830 million; Mobil, up 38% to $404 million; Socal, up 61% to $412 million; and Gulf, up 65% to $291 million. These gains came on top of strong earnings in the first quarter. For the first half, the combined profits of the five giants came...
...made abroad at the oil summits, TIME correspondents in the U.S. were sounding out federal policymakers, oil executives, striking independent truckers and hard-pressed motorists. Boston's Jeff Melvoin got the closest view of long lines and short tempers by spending a day at Jim Harrington's Exxon station in nearby Burlington, Mass...