Word: ponts
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...issue at the open meeting of the Advisory Committee on Shareholder Responsibility (ACSR) will be Harvard's millions of dollars of investments in companies that make nuclear weapons or parts of nuclear weapons. The University owns more than $20 million of General Electric stock, almost $5 million of Du. Pont stock, and about $20 million of AT&T stock, among other nuclear holdings, according to the most recent financial report...
HARVARD OWNS more than $20 million worth of General Electric stock, almost $5 million of Du Pont, and about $20 million of AT&T, according to the 1980-81 University financial report, the most recent available. A new report is due out shortly, and it can be expected to show similar figures. After all, these three behemoth companies are blue-chippers, the buckbone behind Harvard's monstrous $1.6 billion endowment...
...Corporation and the student-faculty-alumni ACSR voted against largely symbolic shareholder resolutions asking companies to curb their nuclear weapons work. They argued that nuclear arms policy was the province of the government, not the private sector. Last year, however, the ACSR approved several similar resolutions concerning GE, Du Pont, and AT&T, and the Corporation, not wanting to abruptly renege on past policy, abstained on strong messages to the three major companies...
After 20 years of slipping, they rose three points overall on the 1600-pont scale, from 424 to 426 on the verbal portion and from 466 to 467 on the math...
...friendly partnerships. More often, they are one-sided takeovers by well-heeled companies determined to expand. Even when a company is saved from unwanted takeover by the intervention of a more desirable "white knight" purchaser, results aren't necessarily cheery. Employees of Conoco now say that life under Du Pont is far from fun, citing in particular the chemical giant's nasty job shake-ups and layoffs, and its sudden imposition of inconsiderate work rules...