Tyme for a Change
Article Abstract:
In 1983, military sales accounted for seventy-seven per cent of McDonnell Douglas's revenue. In a move to diversify, McDonnell Douglas is acquiring Tymeshare, a computer-services company with a data-communications network, Tymenet. It also bought Hughes Helicopters and another small computer-services firm. Sales of fighter aircraft are responsible for most of the company's profit. It is now hoping to expand its non-military sales with the MD-80 aircraft series.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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Sea Change
Article Abstract:
The takeover at Peninsular and Oriental Steam Navigation Co. (P&O) by Trafalgar House has been blocked. P&O is experiencing a successful comeback with 1983 profits up sixty-nine percent from 1982. Other figures documenting its upturn are given. Trafalgar House and P&O are competing to buy Sealink, British Rail's ferry company which services British and continental ports. Other companies including European Ferries may enter the Sealink bidding.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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Time for an Oil Change
Article Abstract:
Volvo has been diversifying over the past five years. Its car sales last year were fifty-eight per cent higher than in 1982. The United States accounts for thirty per cent of the Volvo market. Volvo hopes to increase its stake in a Denver-based oil company to fifty per cent. It has other oil and oil-trading subsidiaries.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984
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