Word: ibm
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Dates: during 1970-1979
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David L. Grove, vice president and chief economist, IBM...
...some fine photography and has used some startling layouts, although it often falls back on rather dull designs. Some of the paper's visual problems stem from its present printing facilities. The paper is printed in a small shop, with little range in typeface. When the paper begins using IBM equipment it will have a great deal more flexibility in the use of different types...
...display their aptitude in the same way that white students do. To refuse them special consideration is to condemn them to the self-perpetuating cycle of inferior education. In fact, the concept of compensatory help is well established in the armed forces and in industry. Progressive businesses, including IBM and General Motors, do not insist on conventional aptitude in hiring blacks; instead, they train them for jobs that the schools have not previously equipped them to handle...
Wall Street had braced itself for fourth-quarter profit declines among the auto, oil, steel and chemical companies, but some businesses that had seemed almost impervious to economic slowdown also reported earnings declines. IBM, for example, showed the first quarterly earnings dip in ten years, causing a pronounced decline in the stock and general disenchantment with other "glamour" shares. Early reports leave little doubt that overall corporate pretax profits dipped from the third quarter to the last quarter of 1969, probably about 1% on a seasonally adjusted basis. Standard & Poor's forecasts a significant decline in the first quarter...
...Fling on Broadway. In 1962 Levin, who once taught college mathematics courses, teamed up with Townsend, a former Union Carbide executive, in creating a company to buy computers from IBM and lease them to users at a discount. The firm prospered, and Levin began spreading into the far-off fields of restaurant franchising, real estate and Nevada gambling, in which he had no real management experience. After Levin-Townsend bought the Bonanza Hotel last March, Levin got into what gambling authorities described as a "childish feud" with Nathan S. Jacobson, who owned an important minority share in the hotel...