Word: raytheon
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...endowment income of $63 million in 1972, the University directly reinvested $5.3 billion in income, while another $10.7 billion in income, including capital gains, was indirectly reinvested. This policy assures that Harvard's profits and financial clout within such companies as Gulf, Standard Oil of New Jersey, ITT, and Raytheon can rise. But the pursuit of profits and portfolios by Harvard-affiliated bankers has meant that the workers face unnecessarily low wages, while undergraduate and graduate students face cutbacks in financial aid which threaten to make Harvard a school for the rich only...
...time." Born in Britain 63 years ago, Geneen came to the U.S. at the age of one. A wizard with figures, Geneen began his career as a New York Stock Exchange page and rose from accountant to executive positions in such companies as Bell & Howell, Jones & Laughlin and Raytheon...
Just since Jan. 1, companies have announced stock repurchases adding up to nearly $1.4 billion-a total already more than double the figure for all 1972. The ranks of the corporate buyers include AMF, American Broadcasting, American Cyanamid, Continental Can, Gulf & Western, INA, Olin Corp., Raytheon and United Aircraft. Gulf Oil, through a tender offer, is acquiring 13 million of its own shares worth around $338 million, making Gulf Chairman Bob Dorsey probably the biggest stock repurchaser ever...
...play a strong spotlight on the waters, a common trick used to attract fish. To Rines' delight, the light apparently had an effect on whatever was in the loch; the sonar resumed its odd tracings. The evidence, which was examined by experts in sonar at M.I.T., Raytheon Co. and Woods Hole Oceanographic Institution, tended to back Rines' own theory: that the sonar had picked up not one but two Nessies, that they were at least 20 or 30 ft. long, had several humps, fins and long tails. Indeed, one shot taken by the academy's underwater camera...
...Raytheon ads stated that the company's Amana air conditioner "takes only minutes to go from carton to cooling." The only evidence it gave the FTC was a copy of the installation manual and an admission that the length of time it would take to put in the air conditioner could "vary from person to person...