Word: soci
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Paris Bourse had never seen anything like it. At least not over something so mundane as a disposable ballpoint pen. Last month, when Baron Marcel Bich sold a fraction of his pen company's 1,500,000 shares to the French public, investors went into a frenzy over Société Bic. On opening day there were offers for 8,000,000 shares, but only 300,000 were made available; the price promptly jumped from $176 to $208. Helped by that rise, Baron Bich's holdings in the company that he controls increased to some $200 million...
Pierre Waltz, 40-year-old chief executive of the $142-million-a-year Société Suisse pour l'Industrie Horlogère (SSIH) has made pulses tick faster throughout the Swiss watch industry. In the two years since he took over at SSIH, which makes Omega, Tissot and other watches, he has fired hundreds of workers to cut costs, merged with the country's major producer of inexpensive watches to meet increasing competition from the U.S. and Japan, bought out one U.S. firm (Hamilton) and entered into a joint venture with another (Optel, a liquid-crystal...
...Frankfurt, Jürgen Ponto has done even more than Saint-Geours to advance the cause of togetherness in banking. Ponto's Dresdner Bank is Germany's second largest (after Deutsche Bank) with $13 billion in assets. It has joined seven other international banks to form Société Financière Européenne (SFE), the world's largest such group, whose partners have assets of $130 billion. Last year Dresdner Bank also linked with three European banks in the Associated Banks of Europe Corp. (ABECOR). Members' assets total $30 billion. With Ponto...
Pierre Waltz of Switzerland's Société Suisse pour I'Industrie Horlogère, a holding company of watch manufacturers, warned: "We have to assume President Nixon's good faith internationally. But we have also to add that if he does not succeed, this country will almost certainly go protectionist." Gerrit Wagner agreed: "We should take back to Europe a message that though the situation is serious, the U.S. has the best intentions. However, if it is confronted with a choice between a national and an international solution, it will opt for the national...