Word: packards
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Many individual firms round the country are also feeling the first flush of recovery. In Waltham, Mass., Hewlett-Packard's medical electronics plant reports that orders are up 20% over a year ago, while in Norwood, Mass., Northrop Corp. is expanding its precision products plant to accommodate demand. Officials at Whirlpool Corp. in Michigan report that sales of appliances have been climbing since June...
...With the Democrats in disarray, no serious rival for the presidency has emerged. Reagan may make a try for the Republican nomination, but Ford operatives are adroitly heading him off. The President picked three notable conservatives to manage his campaign: Howard ("Bo") Callaway, former Secretary of the Army; David Packard, who served as Under Secretary of Defense; and Dean Burch, a onetime adviser to Barry Goldwater and past chairman of the Federal Communications Commission...
...other Ford campaign officials who attended his announcement ceremony have reputations for openness and honesty. The finance chairman is David Packard, former Deputy Secretary of Defense under Nixon and a multimillionaire California industrialist (Hewlett-Packard Co.). The treasurer is Robert C. Moot, Defense Department comptroller in the Nixon Administration. Moot said jokingly that his job will be to watch Callaway and Packard and "keep 'em both honest." The chairman of Ford's campaign advisory committee, Dean Burch, a former Nixon aide and political counsel to Republican Senator Barry Goldwater, noted that his eyes will be pointed...
Recent Favorites. For the most part, the institutions have concentrated their buying on blue chips like IBM (up 25% since the start of the year), such glamour stocks as Fairchild Camera (up more than 257%) and Hewlitt-Packard (up 94%), and natural resource stocks, including domestic oil and, paper companies. Other recent favorites among the pros: Federated Department Stores, Sears and other retail chains that stand to benefit from an upsurge in consumer spending as inflation abates, purchasing power increases and the recovery gains momentum. Lately many mutual and pension fund managers have been looking kindly on new stock issues...
Horowitz arrived at the morning appointment that had become a lunch date 30 minutes late, but took the time to lock his new calculator--an $800 model from Hewlett-Packard that can run a computer program--deep in his trunk, pushing aside neatly arranged tools and a box of his own microphones, still in his car since Yo Yo Ma's last concert. Horowitz tapes many of the cellist's concerts, using equipment he designed and built himself, as he has become good friends with Ma. In college Horowitz played a little cello himself--he was better at building metronomes...