Word: largest
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Dates: during 1960-1969
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Feast or Famine. Now Canada's problem is finding buyers. Even the Russians, saddled with their own surplus, seem disinclined to accept the final 150 million bushels of wheat that they had ordered in 1966 as part of one of the largest grain sales ever concluded. Last month, the five major wheat producers met in Washington to shore up the sagging price floors, but the meeting adjourned without agreement...
...company's stock, but for him to complain about the company's management was not done. No wonder, therefore, that last week Giorgio Valerio, chairman of Italy's Montecatini Edison, was in a state of shock. At the annual meeting of Italy's largest private company, the long-frustrated small stockholders angrily showered Valerio with a mixed barrage of small coins, epithets and crumpled copies of the company balance sheet. Their urgent message was that it was time to start listening to the little...
...near-controlling interest in Montedison, a diversified manufacturer of chemicals and other basic products (TIME, Oct. 18). Now they were proposing a rule change that would give government forces virtual veto power in the Montedison board. Enraged, more than 2,000 small stockholders turned up at the meeting, the largest such group ever to so gather in Italy...
...General Motorization of VW has just advanced significantly. Stockholders of one of Germany's smallest but soundest automakers, NSU Motorenwerke, voted to merge with a Volkswagen subsidiary, Auto Union. They thus formed a combine that could rank on its own as Germany's third largest automaker. NSU, which turns out four basic models, will contribute more than $140 million of the subsidiary's total $400 million in sales this year, and a valuable reputation for innovation as well. It devised the highly efficient Wankel engine, which powers the popular new RO-80 sedan (price...
Germany's largest exporter is most vulnerable in the U.S., its biggest foreign market. The company shipped a record 570,000 cars there in 1968, but its 51% share of the American market is under direct attack by the Japanese and by Ford's new $1,995 Maverick. In its first two weeks on sale, the Maverick has been selling briskly but somewhat off the pace set by the then-new Mustang in 1964. So far, it has made no appreciable dent in Volkswagen sales, but next year it will be joined by VW-sized cars now being...