Word: ibm
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Dates: during 1970-1979
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...necessary fuel for still further expansion of the economy and that until recently they have been low. But recent profit gains, some of them spectacular, are bound to lead to questioning of whether some earnings have been rising too fast lately. Companies as varied as Goodyear and IBM have just reported the highest earnings in their history; the first-quarter, after-tax profits of 669 U.S. companies averaged 12% above those of a year ago. It will be the difficult job of the Price Commission to determine whether to promote fast profit growth in order to stoke further economic expansion...
...demonstration lasted about an hour and a half. At 1:30 p.m. the demonstrators were joined by 200 people-- mostly from B.U. and U.Mass--who had finished picketing at the IBM building in downtown Boston. The groups merged and set up a picketline in front of the Gulf offices. They marched for 15 minutes as 50 members of the tactical police lined the area...
...only about 750. Among the other firms that have reduced their hard-core hiring programs are Gulf Oil and Burlington Industries. Early retirement is another increasingly common device to reduce costs. After eligibility for under-65 retirement programs was temporarily widened late last year at Eastman Kodak and IBM, some 3,700 employees from the two companies took advantage of it. More and more employees are leaving...
About two weeks ago, IBM made an agreement with the Church Project on U.S. Investment in Southern Africa to issue a report disclosing in full the company's operations in South Africa...
...Everett W. Francis, chairman of the Church Project, said yesterday that IBM has promised to release the report shortly after its annual meeting in late April...