Word: arcos
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...Angeles-based concern (1984 sales: $25 billion) announced that it will shed all its refining and marketing operations east of the Mississippi, including 1,100 gas stations. The company also intends to pare down spending on exploration by 50% and abandon its copper and molybdenum businesses. More dramatically, ARCO's board of directors voted to increase significantly the firm's long-term borrowing. As a result, total indebtedness could reach more than 50% of the company's net worth. With the additional funds, ARCO plans to buy back 21% to 28% of its 235 million shares of common stock...
John Naisbitt, speaking in a packed ARCO Forum of Public Affairs, said people would remember the 1980s as a "tremendous shaking period" that would alter every aspect of human life...
...other cast members. Meg Mackay is very strong as the "other" woman, cuttingly sarcastic and yet quite vulnerable, giving almost a heterosexual mirror image of Arnold. Christopher Stryker is wonderfully vapid and shallow as Alan, the pretty model who Arnold takes up with on the rebound; Jonathan Del Arco is impressive as the gay teenager Arnold seeks to adopt. Only Tom Stechschulte, as the confused bisexual Ed, doesn't quite measure up to the caliber of the other performances...
...five-story center, on the corner of Eliot and John F. Kennedy Streets, features the plush, 175-seat Harry Starr Auditorium, the 80-seat Edwin H. Land Hall, the Alexander Graham Bell Hall, and the Belfer Center's version of the ARCO Forum, dubbed "Town Hall...
...these free-enterprise Olympics as much by the television commercials as by the players. Benoit and her teammates moved to a chorus of marketplace acknowledgments that "feminine" has been redefined. "These women have a dream," exulted an Avon spot over a shot of women donning their running shoes. The Arco tots, a pack of three-or four-year-old boys and girls, raced toward the camera. As a little girl in pigtails broke the tape, her look of triumph bespoke a fu ture unimaginable even ten years ago. Once she would have been called a tomboy. Now she is called...