Word: inc
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Dates: during 1980-1989
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...print publishers are so sanguine. One longtime editor believes, "Every dollar spent on tapes is taken away from the essence of literacy -- the printed book that started it all." Peter Israel, president of the Putnam Publishing Group, Inc., dismisses talking books as a "fad, certainly, but I'm not sure it's a real business." But those who have made a commitment to electronic literature beg to differ. Newman Communications Corp., one of the fastest-growing tape publishers in the U.S., began in 1981 with sales of less than $200,000, which leaped to more than $7 million three years...
...craze for recorded literature has given work to yet another needy group: agents. "Everyone is making a concerted effort to secure audio rights because they can earn considerable income," reports Albert Zuckerman, president of Writers House, Inc. "We just got a $10,000 royalty check for the audio sales of On Wings of Eagles by Ken Follett, and a $35,000 advance for Buck Rodgers' The IBM Way." Producer Linda Morgenstern of Caedmon notes "the scuffle" between agent and publisher for audio rights: "There was such a slim market before, but now everyone recognizes that there...
...just one deal in 1984, Wilkis bought 20,000 shares of retailer Carter Hawley Hale because he knew that it would receive a takeover bid from Limited Inc. Since the stock's value spurted as a result of the tender offer, he cleared a $95,000 profit. Levine bought 33,000 shares of Carter Hawley Hale and made $222,000. Sokolow, meanwhile, leaked advance information to Levine about Litton Industries' 1982 bid for Itek and R.J. Reynolds' 1985 offer for Nabisco Brands. For those tidbits, the SEC said, Sokolow was paid...
Officials of Philip Morris Inc., maker of Virginia Slims, and R.J. Reynolds, producer of More cigarettes--brands heavily marketed to women--could not be reached for comment because their New York offices were closed yesterday for the Fourth of July holiday...
Laurence Lasky, a scientist at Genentech, Inc. of South San Francisco, announced that the firm has used genetic engineering to produce antibodies that neutralize the AIDS virus in a test tube. Lasky did not venture to guess if these antibodies can be formed in a human body, and the necessary tests could take months or years. To complicate matters, Robert Gallo of the National Cancer Institute reported that samples of virus isolated from the brains of AIDS victims inexplicably differ from the form of virus that commonly attacks the T cells of the immune system...