Word: itt
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...thinclads' home opener comes this Saturday when the Boston College Eagles invade the ITT. That meet should provide a more realistic view of what the squlids are capable of since both will be more polished and their distance corps will be competing...
Working with five of the nation's largest manufacturers of telephone equipment, (AT&T, ITT, Motorola, RCA and GTE), NSA officials believe technology has been developed that will lead to what Deeley, in computer jargon, calls "a user-friendly secure phone" at a cost of less than $2,000 a unit. Scrambling units in current use weigh about 70 lbs. and take up the space of two filing-cabinet drawers. Electronics experts expect the new units to employ small, inexpensive microcircuits built directly into the telephone receiver. The scrambler converts signals produced by conversation into electronic "white noise" that...
Although the bus eventually did arrive, the forlorn foursome had already left the ITT and never made the trip...
...binge of conglomerate building. Companies pursued mergers and acquisitions with abandon, creating business empires that often manufactured hundreds of diverse products, from bread to computers. Many companies have begun to doubt the theory that management expertise in one field means success in another. Such huge combines as ITT, Gulf & Western and RCA have been selling holdings to streamline operations. Last week, in one of the biggest divestitures to date, R.J. Reynolds Industries, the second-largest U.S. cigarette manufacturer, took a back-to-basics step by selling its energy businesses to Phillips Petroleum for $1.7 billion. The units sold include Aminoil...
...Nestlé-Carnation deal continues a streak of mergers in the competitive food industry. Last month Chicago's Beatrice (Tropicana, La Choy) bought Esmark (Swift, Peter Pan) for $2.8 billion. Two weeks ago, Ralston Purina agreed to acquire ITT's Continental Baking division for $475 million. One reason for the takeovers is that business has turned sluggish as a result of the slowdown in U.S. population growth. Thus the easiest way for food companies to grow is to take over other firms. And as the Carnation purchase indicated, cows that are too contented may find themselves...