Word: ltd
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Dates: during 1970-1979
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...compared with 5.4% for all of 1969. By one estimate, there has been a daily average of ten work stoppages so far this year among the companies that supply parts to Britain's auto industry. Now a four-week wildcat strike by 5,000 metalworkers at GKN Sankey Ltd., a major manufacturer of car parts, has halted automakers' assembly lines and has put 35,000 other auto workers out of their jobs. The parts makers are holding out for a 43% raise...
Agencies frequently choose new fields that reflect their special talents, or the bent of the boss. Wells, Rich, Greene, mirroring President Mary Wells Lawrence's flair for drama, recently established a motion-picture company, W.R.G./Dragoti Ltd. Two films, Dirty Little Billy, a saga of Billy the Kid, and Spoiled Priests, about a Catholic priest who leaves his order, will go into production within the year. Most of the photographic, writing and editing talent for Billy will be drawn from the W.R.G. staff. Lois Holland Callaway's ventures are in keeping with the canny flamboyance of its president...
...idea grew out of a similar operation that Sudds helped found in Victoria, B.C., last winter. The Canadian corporation is called C.F. & S. Contracting Co. Ltd., after the first letter in the three founders' last names. To date, C.F. & S. has prospered. Only three of its 500 clients have been busted, and their legal fees came to about $2,000. Unfortunately, the "C" in the organization's title, who is credited with developing the idea, is not profiting much from the experiment. He is currently serving time in a Canadian prison for possession of marijuana...
Bernard Cornfeld, former social worker and founder of the world's largest mutual fund complex, last week joined the army of the unemployed. Shareholders of his Geneva-based Investors Overseas Services, Ltd. gathered at the annual meeting in Toronto to elect a chairman and directors, and Cornfeld failed to attract enough votes for a seat on the board. The new chairman is Sir Eric Wyndham White, 57, who has acted in that role since Cornfeld was ousted as chief last...
...long-delayed annual report of Bernard Cornfeld's Investors Overseas Services, Ltd., was finally made public last week. As expected, it was an explosive document that disclosed several reasons why the $2 billion mutual-fund complex tumbled into trouble...