Word: slump
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Dates: during 1980-1989
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Despite a slight slump in overall arms sales in 1985, Britain, France, West Germany and Italy together sold $9.37 billion in weapons to Third World countries, principally to the Middle East. Western Europe thus accounted for 31.3% of this arms trade, in contrast to 30.4% for the Soviet Union...
BALTIMORE -- Bob Boone snapped a 1-for-23 slump with a pair of run-scoring singles yesterday as the California Angels defeated the Baltimore Orioles...
Sperry, started in 1933 as a maker of navigational equipment, treasures its independence. But going it alone could become increasingly difficult because of heated competition from Japan and an industry-wide slump in sales. Burroughs, facing the same problems, thinks the merger would allow the two companies to cut expenses by combining their purchasing, research and development, and other departments. More important, the combined bulk of the company could give reassurance to cautious computer buyers, who often prefer IBM simply because it stands so large and secure. Says Michael Geran, who studies the industry for E.F. Hutton: "The merger makes...
...Crimson wasted no time in putting an end to its hitting slump...
...Airlines has put on hold the start-up of a new route from Miami to Madrid. The reason: lack of business. Says Hal Rosenbluth, president of a Philadelphia travel agency: "I think the public tends to perceive the U.S. flag carriers as targets." The airlines most immune to the slump are national carriers of northern European countries, which include the Netherlands' KLM, West Germany's Lufthansa and Belgium's Sabena. Israel's El Al, which adheres to rigorous security measures, also remains popular...