Word: nabisco
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...right to acquire 100% ownership of Soviet firms. The Soviets are already scrambling for Western trade to alleviate the acute shortages that have brought consumers to the verge of revolt. To ease the tobacco rationing that prompted smokers to riot in almost a dozen cities, Philip Morris and RJR Nabisco announced plans last week to sell 34 billion cigarettes to the Russian Republic...
...Limit the questionable investments of the University's high-paid money managers, whose actions are currently not subject to any ethical oversight. For example, Harvard played a major role in the billion-dollar RJR-Nabisco buyout and the similar leveraged buyout of Safeway, deals widely questioned for their treatment of workers and accumulation of debt...
Japanese money is invested everywhere, from Tokyo skyscrapers to RJR Nabisco junk bonds to shares in Britain's newly privatized water companies. The scope of the Japanese surge abroad has been breathtaking. In 1984 Japanese banks held a little more than 20% of international banking assets, meaning the sum of all outstanding loans. Today the share is almost 40%. "There is hardly a major deal put together anywhere in the world that does not include Japanese banks," says J. Brain Waterhouse, a British securities analyst in Hong Kong. "It used to be that 1 out of 4 banks involved...
...kind of vending machine is arriving in supermarkets, but don't bother bringing extra change on your next trip. Nabisco is testing devices that dispense free samples with the pull of a lever. The Nabisco Samplers hand out a small box of a new product like Graham Bites, along with a coupon toward the purchase of a full-size package and a thank-you from a synthesized voice...
...sampling devices may lack human warmth, but they never tire. Says Nabisco's Allan Falvey: "Most sampling programs last a couple of days and reach only 15% of a store's customers. These machines are in a store 24 hours a day." Nabisco says that when new products have been promoted by Samplers, sales doubled within a month...