Word: makers
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Though sports-equipment companies are high profile, they have been erratic performers as businesses. They were often small parts of large outfits, and changed owners frequently. Prince, another company started by Howard Head, was sold to consumer products maker Chesebrough Pond's in the '80s. It is now owned by the Italian apparel company Benetton, which is building a sports division. Wilson, once owned by PepsiCo and then Wesray Capital, is now part of a Finnish conglomerate called Amer Group...
Furrow's downward spiral entered its final twist last fall. In late October, he took a 12-week leave from his job as a computer-assisted-design engineer at Northwest Gear, a maker of aircraft parts in Everett, Wash. Then he started drinking. One afternoon, in the depths of that bender, he tried to check himself into Fairfax Psychiatric Hospital. Babbling about having stabbed himself a few days before, he also boasted that he had a gun in his car. When an administrator took his keys and warned him that she would have to call the police, Furrow thrust...
...long time to work and a long time to wear off. That's changed with FDA approval of Sonata, a new prescription sleeping pill. People who used Sonata in clinical trials were usually snoozing within 30 minutes of taking the drug, and reported little grogginess upon waking. Drug maker American Home Products sees Sonata as a direct competitor to the current leading treatment for insomnia, Monsanto's Ambien...
...before its sales too began falling. Lorcin, by contrast, reported an immediate decline. In 1993 it produced 341,243 cheap pistols and became for that year the leading pistol producer in the U.S. In 1996 it manufactured only 87,497, a 74% reduction. Davis Industries, another maker of cheap pistols, experienced an equally precipitous fall...
...attention to the noise, Carleton (Carly) Fiorina was saying last week, as she was crashing through the highest of glass ceilings to become the CEO of computer maker Hewlett-Packard. Although her appointment has not been so ballyhooed as Sandra Day O'Connor's becoming the first woman Supreme Court Justice or Geraldine Ferraro's running for Vice President--or, for that matter, America's women winning the soccer World Cup--it is arguably more important than any of those milestones. If women have made great strides in gaining parity in politics and sports, it is in the workplace that...