Word: maker
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Dates: during 1980-1989
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...estimated 12%, while Japanese imports climbed nearly 30%. Thousands of workers were laid off or had their hours cut back last year, and losses by major car manufacturers are staggering. France's Peugeot S.A. lost an estimated $33 million in 1980, and BL Ltd. (formerly British Leyland), maker of Triumph and Jaguar, ran $960 million in the red. In fact, BL Ltd.'s very existence depends on its receiving $2 billion in government aid to help pay for development and introduction costs of a new 59 m.p.g. Mini-Metro model...
...unified approach for battling the Japanese. In November, auto-industry representatives from France, Italy, Sweden, West Germany and Britain went to Tokyo to plead for export restraints. But at exactly the same time, Volkswagen Chairman Toni Schmücker was busy arranging an important deal with Nissan, maker of Datsuns, that could eventually lead to the production of up to 200,000 Volkswagens in Japan. Said one Volkswagen official: "I think there's an American saying for it: 'If you can't beat 'em, join...
...were suffering depression-like areas of New England and the Coast, where the computer industry other high technology firms have plants, hardly felt the slump. Investors who would not touch a steel stock to buy new issues of Genentech, a Francisco-based genetic engineering or Apple Computer, the California maker of personal computers. Unemployment in Massachusetts was only 5%, or one-third less than the national level. Colorado and other Rocky Mountain prospered with the search for new domestic energy sources. Electronic and computer firms made the Southwest and West the U.S.'s most prosperous According...
...Francisco gene-splicing company, went on sale in mid-October at $35 a share and was immediately driven up to $89 on the first day. It has since dropped back to nearly $46. Wall Street meanwhile is anxiously awaiting the public offering of Apple Computer, the go-go maker of personal computers. Later this month it is expected to hit the market somewhere between $14 and $17 a share...
...firms with goods as diverse as pipeline-corrosion monitors, coin-operated electronic games, nutritional foods and hair care products have all been able to sell their shares. In the largest offering yet this year, Nike Inc., maker of the popular running shoes, sold 2.3 million shares last week at $22 each. John Muir & Co., an investment banking firm in New York City, even succeeded in launching a public offering to get the backing for a Broadway show called The Little Prince...