Word: telexed
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Dates: during 1980-1989
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From its start in 1851, Western Union built a reputation as America's fastest and trustiest messenger. The company constructed the first transcontinental telegraph line in 1861, introduced telex messages in 1958, created Mailgram service in 1970 and began operating the first domestic satellite communications system, Westar, in 1974. But now Western Union's electronic pulse is barely perceptible. The company said last week that it lost $58.4 million in 1984 on sales of $1.1 billion. Coming on top of a $59 million deficit in 1983, the news fanned speculation that Western Union may be unable to survive. "Its future...
...reason for this swarm of organizations and conferences is that Geneva has few peers in such conveniences as luxurious hotels (12,000 rooms in all), myriad telex lines and multilingual interpreters. Says a U.S. diplomat: "Geneva is an ideal place to talk. It has square rooms, long rooms, high- ceilinged rooms, rectangular tables, round tables and horseshoe-shaped tables. It has restaurants, great shops, beautiful mountains and a lake...
...Bureau works is quite simple: when someone sights an unusual occurance-most commonly an asteriod, nova, supernova or comet-he contacts Marsden, who then performs some preliminary calculations to verify the accuracy of the report. He then sends out a telegram from the telex machine located in his office to the service's 800 subscribers...
...once unswerving military support has been reduced to a small core of hard-line generals. Various governments around the world have openly criticized him in recent months. For Pinochet, the most stinging criticism comes from the U.S.: only minutes before the protest began, the State Department sent a telex to the Chilean government urging it to enter into a dialogue with its opposition. So far Pinochet prefers to conduct his dialogues alone...
When Liedtke heard of the offer, he shot off a telex to the Getty board threatening to sue the company for breaking the earlier agreement and promising to exercise a stock-purchase clause entitling Pennzoil to purchase 8 million Getty shares at $110 each. That would net Pennzoil a profit of some $120 million at the price Texaco is offering...